Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

November 22, 2006 09:30 ET

Citadel Stable S-1 Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(CCNMatthews - Nov. 22, 2006) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on November 30, 2006 and payable on December 15, 2006 is $0.0583 Cdn per unit.

Throughout the month of October 2006, there were no Stable S-1 unit repurchases.

As at November 16, 2006, Citadel Stable S-1's net asset value was $8.13 Cdn per unit. The current portfolio consists of 18% real estate investment trusts, 13% oil and gas royalty trusts, 20% power generation funds, 23% ongoing business trusts, 15% pipeline and energy distribution funds, and 11% cash and cash equivalents.

Top Ten Holdings at November 17, 2006:

1) Dundee Reit
2) Atlantic Power Corporation
3) Northland Power Income Fund
4) Yellow Pages Income Fund
5) Inter Pipeline Fund
6) Fort Chicago Energy Partners
7) Keyera Facilities Income Fund
8) Transalta Power LP
9) Baytex Energy Trust
10) Retirement Residences Reit

Contact Information

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