That will leave an outstanding balance of about $11.5 billion that investors are still waiting to get back; on Oct. 30, Reserve paid out $26 billion out of the fund, which had $51.5 billion of assts on Sept. 15, when it broke the buck.
If we are able to sell additional securities at amortized cost (without a loss) between now and the distribution date, those proceeds will be included in the distribution, Reserve said in a statement on its website. Over the past few weeks, the market for certain fund securities has improved, enabling the fund to sell $5 billion in securities at a profit, rather than waiting for them to mature.
