Series S-1 Income Fund

Series S-1 Income Fund

October 23, 2007 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Oct. 23, 2007) - Series S-1 Income Fund (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on October 31, 2007 and payable on November 15, 2007 is $0.075 Cdn per unit.

Throughout the month of September 2007, Series S-1 repurchased 111,700 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at October 18, 2007, Series S-1's net asset value was $10.36 Cdn per unit. The current portfolio consists of 29% ongoing business trusts, 19% power generation funds, 17% oil and gas royalty trusts, 11% real estate investment trusts, 18% pipeline and energy distribution funds, and 6% cash and cash equivalents.

Top Ten Holdings at October 18, 2007:

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

Contact Information

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