Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

August 23, 2007 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Aug. 23, 2007) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on August 31, 2007 and payable on September 14, 2007 is $0.0583 Cdn per unit.

Throughout the month of July 2007, Stable S-1 repurchased 101,200 trust units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at August 16, 2007, Citadel Stable S-1's net asset value was $8.04 Cdn per unit. The current portfolio consists of 16% real estate investment trusts, 17% oil and gas royalty trusts, 17% power generation funds, 30% ongoing business trusts, 19% pipeline and energy distribution funds, and 1% cash and cash equivalents.

Top Ten Holdings at August 21, 2007:

1) Atlantic Power Corporation
2) Fort Chicago Energy Partners
3) Northland Power Income Fund
4) Altagas Income Trust
5) Dundee Reit
6) Yellow Pages Income Fund
7) Inter Pipeline Fund
8) Noranda Income Fund
9) CML Healthcare Income Trust
10) Keyera Facilities Income Fund

Contact Information

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