Citadel Stable S-1 Income Fund

Citadel Stable S-1 Income Fund

June 20, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - June 20, 2008) - Citadel Stable S-1 Income Fund (TSX:CSR.UN) reports the distribution to unitholders of record at the close of business on June 30, 2008 and payable on July 15, 2008 is $0.0583 Cdn per unit.

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

As at June 12, 2008, Citadel Stable S-1's net asset value was $8.06 Cdn per unit. The current portfolio consists of 8% real estate investment trusts, 14% oil and gas royalty trusts, 10% power generation funds, 15% ongoing business trusts, 10% pipeline and energy distribution funds, and 43% cash and cash equivalents.

Top Ten Holdings at June 18, 2008:

1) Yellow Pages Income Fund
2) Bonavista Energy Trust
3) Bell Aliant Regional Communications
4) Baytex Energy Trust
5) Riocan Reit
6) ARC Energy Trust
7) NAL Oil & Gas Trust
8) Keyera Facilities Income Fund
9) Altagas Income Trust
10) EPCOR Power

Contact Information

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