Series S-1 Income Fund

Series S-1 Income Fund

December 19, 2008 17:09 ET

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

CALGARY, ALBERTA--(Marketwire - Dec. 19, 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 December 31, 2008 and payable on January 15, 2009 is $0.075 Cdn per unit.

Throughout the month of November 2008, Series S-1 repurchased 199,900 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at December 18, 2008, Series S-1's net asset value was $6.35 Cdn per unit. The current portfolio consists of 25% ongoing business trusts, 21% power generation funds, 13% oil and gas royalty trusts, 7% real estate investment trusts, 23% pipeline and energy distribution funds, and 11% cash and cash equivalents.

Top Ten Holdings at December 18, 2008:

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

Contact Information

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