Series S-1 Income Fund

Series S-1 Income Fund

September 20, 2007 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Sept. 20, 2007) - Series S-1 Income Fund (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on September 30, 2007 and payable on October 15, 2007 is $0.075 Cdn per unit.

Throughout the month of August 2007, Series S-1 repurchased 144,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at September 13, 2007, Series S-1's net asset value was $10.21 Cdn per unit. The current portfolio consists of 28% ongoing business trusts, 19% power generation funds, 16% oil and gas royalty trusts, 12% real estate investment trusts, 18% pipeline and energy distribution funds, and 7% cash and cash equivalents.

Top Ten Holdings at September 18, 2007:

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

Contact Information

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