Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

March 20, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - March 20, 2008) - Citadel Stable S-1 Income Fund (TSX:CSR.UN)reports the distribution to unitholders of record at the close of business on March 31, 2008 and payable on April 15, 2008 is $0.0583 Cdn per unit.

Throughout the month of February 2008, there were no Stable S-1 unit repurchases.

As at March 13, 2008, Citadel Stable S-1's net asset value was $7.93 Cdn per unit. The current portfolio consists of 10% real estate investment trusts, 20% oil and gas royalty trusts, 16% power generation funds, 25% ongoing business trusts, 17% pipeline and energy distribution funds, and 12% cash and cash equivalents.

Top Ten Holdings at March 18, 2008:

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

Contact Information

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