Series S-1 Income Fund

Series S-1 Income Fund

February 21, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Feb. 21, 2008) - Series S-1 Income Fund (TSX:SRC.UN) ("Series S-1" or the "Fund") reports the distribution to unitholders of record at the close of business on February 29, 2008 and payable on March 14, 2008 is $0.075 Cdn per unit.

Throughout the month of January 2008, Series S-1 repurchased 113,000 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 14, 2008, Series S-1's net asset value was $9.60 Cdn per unit. The current portfolio consists of 32% ongoing business trusts, 18% power generation funds, 18% oil and gas royalty trusts, 10% real estate investment trusts, 19% pipeline and energy distribution funds, and 3% cash and cash equivalents.

Top Ten Holdings at February 18, 2008:

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

Contact Information

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