Series S-1 Income Fund

Series S-1 Income Fund

November 22, 2007 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Nov. 22, 2007) - Series S-1 Income Fund (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on November 30, 2007 and payable on December 14, 2007 is $0.075 Cdn per unit.

Throughout the month of October 2007, Series S-1 repurchased 136,200 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at November 14, 2007, Series S-1's net asset value was $9.89 Cdn per unit. The current portfolio consists of 30% ongoing business trusts, 17% power generation funds, 17% oil and gas royalty trusts, 10% real estate investment trusts, 19% pipeline and energy distribution funds, and 7% cash and cash equivalents.

Top Ten Holdings at November 20, 2007:

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

Contact Information

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