Series S-1 Income Fund

Series S-1 Income Fund

February 19, 2009 09:30 ET

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

CALGARY, ALBERTA--(Marketwire - Feb. 19, 2009) - 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 28, 2009 and payable on March 16, 2009 is $0.075 Cdn per unit.

Throughout the month of January 2008, Series S-1 repurchased 129,000 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at February 12, 2009, Series S-1's net asset value was $6.75 Cdn per unit. The current portfolio consists of 26% ongoing business trusts, 21% power generation funds, 14% oil and gas royalty trusts, 7% real estate investment trusts, 24% pipeline and energy distribution funds, and 8% cash and cash equivalents.

Top Ten Holdings at February 17, 2009:

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