Series S-1 Income Fund

Series S-1 Income Fund

January 23, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Jan. 23, 2008) - Series S-1 Income Fund ("Series S-1" or the "Fund") (TSX:SRC.UN) reports the distribution to unitholders of record at the close of business on January 31, 2008 and payable on February 15, 2008 is $0.075 Cdn per unit.

Throughout the month of December 2007, Series S-1 repurchased 121,600 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at January 21, 2008, Series S-1's net asset value was $9.04 Cdn per unit. The current portfolio consists of 33% ongoing business trusts, 18% power generation funds, 17% oil and gas royalty trusts, 9% real estate investment trusts, 20% pipeline and energy distribution funds, and 3% cash and cash equivalents.

Top Ten Holdings at January 21, 2008:

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