Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

September 20, 2007 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Sept. 20, 2007) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on September 30, 2007 and payable on October 15, 2007 is $0.0583 Cdn per unit.

Throughout the month of August 2007, Stable S-1 repurchased 79,600 trust units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at September 13, 2007, Citadel Stable S-1's net asset value was $8.32 Cdn per unit. The current portfolio consists of 12% real estate investment trusts, 17% oil and gas royalty trusts, 18% power generation funds, 29% ongoing business trusts, 19% pipeline and energy distribution funds, and 5% cash and cash equivalents.

Top Ten Holdings at September 18, 2007:

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

Contact Information

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