Citadel Income Fund T.CTF.UN

Alternate Symbol(s): CTFUF

Citadel Income Fund (the Trust) is a Canada-based closed-end investment trust. The Trust’s investment objectives are to provide its Unitholders with a stable stream of monthly distributions and to preserve and potentially enhance the Net Asset Value (NAV) of the Fund. The Trust invests in a diversified portfolio of securities with the focus on income generation 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 80% of debt securities invested in investment grade debt rated BBB or higher, and income funds. The Fund's portfolio is managed by Vestcap Investment Management Inc. Artemis Investment Management Limited is the investment fund manager of the Fund.

TSX:CTF.UN - Post by User

Citadel Income Fund > Holdings of great companies

<< Previous

Bullboard Posts

Next >>

Comment by ChupacabraBuenoon Feb 28, 2014 2:12pm

132 Views

Post# 22265542

RE:Holdings of great companies

Yes - muy bueno portfolio. $3.31 for $4.59 NAV. That's a discount of almost 28%. You have to really hate management to not be tempted by that discount. They've taken a new tack - perhaps in response to criticism. The new approach trades away yield in favour of cap gains. Personally, I could use some cap gains.

<< Previous

Bullboard Posts

Next >>

Canopy Growth nears adjusted EBITDA profitability in Q2 2025