Citadel Stable S-1 Income Fund
TSX : CSR.UN

Citadel Stable S-1 Income Fund

March 23, 2009 15:31 ET

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

CALGARY, ALBERTA--(Marketwire - March 23, 2009) - Citadel Stable S-1 Income (TSX:CSR.UN) Fund reports the distribution to unitholders of record at the close of business on March 31, 2009 and payable on April 15, 2009 is $0.0583 Cdn per unit.

Throughout the month of February 2009, Stable S-1 repurchased 81,500 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at March 19, 2009, Citadel Stable S-1's net asset value was $5.12 Cdn per unit. The current portfolio consists of 12% real estate investment trusts, 16% oil and gas royalty trusts, 15% power generation funds, 20% ongoing business trusts, 17% pipeline and energy distribution funds, and 20% cash and cash equivalents.



Top Ten Holdings at March 19, 2009:

1) Bell Aliant Regional Communications
2) Yellow Pages Income Fund
3) Altagas Income Trust
4) Riocan Reit
5) Fort Chicago Energy Partners
6) Northland Power Income Fund
7) Superior Plus Income Fund
8) Inter Pipeline Fund
9) Keyera Facilities Income Fund
10) Innergex Power Income Fund


Contact Information

  • Citadel Stable S-1 Income Fund
    Joe MacDonald
    Executive Vice President, Sales and Marketing
    1-877-261-9674
    or
    Citadel Stable S-1 Income Fund
    Andrea Kladar
    Vice President, Sales and Marketing Western Region
    1-866-936-7880
    Website: www.citadelfunds.com