Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

February 20, 2007 13:45 ET

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

CALGARY, ALBERTA--(CCNMatthews - Feb. 20, 2007) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on February 28, 2007 and payable on March 15, 2007 is $0.0583 Cdn per unit.

Throughout the month of January 2007, Stable S-1 repurchased 50,000 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 15, 2007, Citadel Stable S-1's net asset value was $8.66 Cdn per unit. The current portfolio consists of 18% real estate investment trusts, 15% oil and gas royalty trusts, 20% power generation funds, 26% ongoing business trusts, 16% pipeline and energy distribution funds, and 5% cash and cash equivalents.

Top Ten Holdings at February 15, 2007:

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

Contact Information

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