Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

February 21, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Feb. 21, 2008) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on February 29, 2008 and payable on March 14, 2008 is $0.0583 Cdn per unit.

Throughout the month of January 2008, Citadel Stable S-1 repurchased 67,400 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 14, 2008, Citadel Stable S-1's net asset value was $7.82 Cdn per unit. The current portfolio consists of 11% real estate investment trusts, 19% oil and gas royalty trusts, 17% power generation funds, 27% ongoing business trusts, 20% pipeline and energy distribution funds, and 6% cash and cash equivalents.

Top Ten Holdings at February 18, 2008:

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

Contact Information

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