TSX: CTF.UN       Citadel Income Fund
Last Price Today's Change   Day's Range   Trading Volume
3.26   0.00 (0.00%)  3.26 - 3.27  2,246


Avg Volume (4 weeks):0
52 Weeks Range:3.01 - 3.27
52 Weeks Price Volatility (%):
Average Price Target:-


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Business Background

Citadel Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fund's investment objectives are to provide holders its unitholders with a stable stream of monthly distributions and to preserve and potentially enhance the Net Asset Value (NAV) of the Fund. The Fund seeks to achieve these objectives by investing in a diversified portfolio of securities consisting of equity securities of principally larger capitalization companies traded on a recognized stock exchange; debt securities with a focus on yield enhancement, with a minimum of approximately 80% of debt securities invested in investment grade debt rated BBB or higher, and income funds, each of which has, at the date of investment by the Fund, a market capitalization, excluding control positions, of over $400 million. Artemis Investment Management Limited is the manager of the Fund (Artemis or the Manager). Its portfolio is managed by Vestcap Investment Management Inc. (Vestcap or the Portfolio Advisor).

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