MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Monday, October 5, 2009 Reserve Makes its Fifth Distribution to Primary Fund Shareholders The Reserve on Friday started making its fifth distribution to Primary Fund shareholders. The distribution amounts to $1 billion, representing 22 percent of the fund's remaining asset value of $4.5 billion as of end-September. For the full story on the the death of the Reserve and its Primary Fund, see MFWire's timeline. Counting the $1 billion, a total of $47.1 billion, or 92 percent of assets as of September 15, 2008, have been returned to investors. The fund broke the buck September 16 last year. Printed from: MFWire.com/story.asp?s=22845 Copyright 2009, InvestmentWires, Inc. All Rights Reserved |