Reserve's YieldPlus Fund
will distribute $43 million to investors, marking its fourth distribution. The amount represents about half of the remaining $85.5 million in fund assets on December 21.
For the full story on the the death of the Reserve and its Primary Fund, see MFWire's timeline.
Reserve Management Company will reveal the distribution date early next month. When the $43 million is distributed, a total of $1.09 billion will have been given back to investors.
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