Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

April 22, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - April 22, 2008) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on April 30, 2008 and payable on May 15, 2008 is $0.0583 Cdn per unit.

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

As at April 17, 2008, Citadel Stable S-1's net asset value was $7.97 Cdn per unit. The current portfolio consists of 8% real estate investment trusts, 15% oil and gas royalty trusts, 11% power generation funds, 18% ongoing business trusts, 12% pipeline and energy distribution funds, and 36% cash and cash equivalents.

Top Ten Holdings at April 18, 2008:

1) ARC Energy Trust
2) Altagas Income Trust
3) Bonavista Energy Trust
4) Baytex Energy Trust
5) Yellow Pages Income Fund
6) Innergex Power Income Fund
7) Riocan Reit
8) Telus Corp.
9) Inter Pipeline Fund
10) Superior Plus Income Fund

Contact Information

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