Series S-1 Income Fund

Series S-1 Income Fund

August 23, 2007 09:30 ET

Series S-1 Income Fund Announces Distribution and Top Ten Holdings

CALGARY, ALBERTA--(Marketwire - Aug. 23, 2007) - Series S-1 Income Fund (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on August 31, 2007 and payable on September 14, 2007 is $0.075 Cdn per unit.

Throughout the month of July 2007, Series S-1 repurchased 138,000 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at August 16, 2007, Series S-1's net asset value was $9.88 Cdn per unit. The current portfolio consists of 28% ongoing business trusts, 19% power generation funds, 16% oil and gas royalty trusts, 14% real estate investment trusts, 17% pipeline and energy distribution funds, and 6% cash and cash equivalents.

Top Ten Holdings at August 21, 2007:

1) Northland Power Income Fund
2) Fort Chicago Energy Partners
3) Boralex Power Income Fund
4) Dundee Reit
5) Inter Pipeline Fund
6) Yellow Pages Income Fund
7) EPCOR Power LP
8) Consumers Waterheater Income Fund
9) Noranda Income Fund
10) Keyera Facilities Income Fund

Contact Information

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