Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

August 23, 2005 09:30 ET

Citadel Stable S-1 Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Aug. 23, 2005) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on August 31, 2005 and payable on September 15, 2005 is $0.0583 Cdn per unit.

As at August 18, 2005, Citadel Stable S-1's net asset value was $9.51 Cdn per unit. The current portfolio consists of 23% ongoing business trusts, 17% power generation funds, 17% real estate investment trusts, 15% oil and gas royalty trusts, 13% pipeline and energy distribution funds and 15% cash and cash equivalents.

Top Ten Holdings at August 18, 2005:

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