Citadel Income Fund T.CTF.UN

Artemis

[Barneyrubble537]

Artemis needs to go.  Look at the screw ups they have had in a short period of time.  As an example issuing warrants that went no where and rightfully so because they would have done nothing but dilute the NAV.  Then Jan 22 they announce they are going to start paying distributions in stock (no big deal in my estimation) and keep the diistribution steady.  Then out of the blue 12 days later they announce, the distribution will go back to being paid with cash but chooped in third.  These guys are clowns and their business is to collect management fees.  They are no better than Crown Hill and they don't have any plan in place to close the discount to the NAV - I have talked with them.  My suggestion is unit holders force a collapse of this fund and recognize the NAV.  My justification is they are holding a multitude of stocks in this fund that are paying a higher dividend than the new distribution rate.  So what is the sense of paying them a management fee?  You might as well own a mutual fund.  Also in my conversation they bragged about how they held the NAV strong since taking over management.   Are they brain dead. Look at how the holdings in this fund have appreciated over the last year.  They can't take credit for squat and were the recipients of a rising market in which they underperformed.  Consider my recommendation.  Lobby these tools to hold a vote to collapse this little Artemis revenue producer and get the value back to those who deserve it and that is the unit holders.