Series S-1 Income Fund

Series S-1 Income Fund

June 20, 2008 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - June 20, 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 June 30, 2008 and payable on July 15, 2008 is $0.075 Cdn per unit.

Throughout the month of May 2008, Series S-1 repurchased 162,200 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at June 12, 2008, Series S-1's net asset value was $10.14 Cdn per unit. The current portfolio consists of 27% ongoing business trusts, 18% power generation funds, 19% oil and gas royalty trusts, 9% real estate investment trusts, 21% pipeline and energy distribution funds, and 6% cash and cash equivalents.

Top Ten Holdings at June 18, 2008:

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

Contact Information

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