Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

July 21, 2005 09:30 ET

Citadel Stable S-1 Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - July 21, 2005) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on July 31, 2005 and payable on August 15, 2005 is $0.0583 Cdn per unit.

As at July 14, 2005, Citadel Stable S-1's net asset value was $9.39 Cdn per unit. The current portfolio consists of 23% ongoing business trusts, 18% power generation funds, 17% real estate investment trusts, 15% oil and gas royalty trusts, 13% pipeline and energy distribution funds and 14% cash and cash equivalents.

Top Ten Holdings at July 19, 2005:

1) Summit Reit
2) Atlantic Power Corporation
3) Dundee Reit
4) Inter Pipeline Fund
5) TransAlta Power
6) Keyera Facilities Income Fund
7) Noranda Income Fund
8) Yellow Pages Income Fund
9) Retirement Residences Reit
10) Northland Power Income Fund

Contact Information

  • Citadel Stable S-1 Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing