Series S-1 Income Fund

Series S-1 Income Fund

March 23, 2009 15:23 ET

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

CALGARY, ALBERTA--(Marketwire - March 23, 2009) - 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 March 31, 2009 and payable on April 15, 2009 is $0.075 Cdn per unit.

Throughout the month of February 2009, Series S-1 repurchased 85,600 units under its mandatory repurchase program when the Fund traded at a discount greater than 5%.

As at March 19, 2009, Series S-1's net asset value was $6.23 Cdn per unit. The current portfolio consists of 25% ongoing business trusts, 21% power generation funds, 15% 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 March 19, 2009:

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

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