Citadel Income Fund Increases Monthly Distribution, Payable on September 15, 2023
August 24, 2023 at 04:00 pm EDT
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Citadel Income Fund announced that the distributions per Unit, beginning with the August 31, 2023 record date, will be increased from CAD 0.01 per Unit to CAD 0.03 per Unit. Payment date is September 15, 2023.
Citadel Income Fund (the Fund) is a Canada-based closed-end investment trust. The Fundâs 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. It seeks to achieve these objectives by investing in a diversified portfolio (the Portfolio) of securities (the Portfolio Securities) consisting of equity securities of principally larger capitalization companies traded on a recognized stock exchange, debt securities, with a minimum of 80% of debt security investments in investment grade debt rated BBB or higher, and income funds. The Fundâs portfolio is managed by Vestcap Investment Management Inc. (the Portfolio Advisor). Artemis Investment Management Limited is the investment fund manager of the Fund.
CITADEL INCOME FUND 
