Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

November 22, 2007 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Nov. 22, 2007) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on November 30, 2007 and payable on December 14, 2007 is $0.0583 Cdn per unit.

Throughout the month of October 2007, Citadel Stable S-1 repurchased 80,300 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at November 14, 2007, Citadel Stable S-1's net asset value was $8.00 Cdn per unit. The current portfolio consists of 11% real estate investment trusts, 18% oil and gas royalty trusts, 17% power generation funds, 30% ongoing business trusts, 20% pipeline and energy distribution funds, and 4% cash and cash equivalents.

Top Ten Holdings at November 20, 2007:

1) Atlantic Power Corporation
2) Fort Chicago Energy Partners
3) Yellow Pages Income Fund
4) Northland Power Income Fund
5) Inter Pipeline Fund
6) Altagas Income Trust
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