Reserve's Yield Plus Fund, an "enhanced cash" fund that seized up when its sister Reserve Primary Fund "broke the buck" in September 2008, issued an update, entitled, "Federal Court Approves Final Distribution of Assets." The release says, "The Board of Trustees of the Yield Plus Fund-In Liquidation is pleased to announce that final distributions relating to the Yield Plus Fund ("Fund"), aggregating approximately $35 million, will be made in June 2016. On March 28, 2016, the Federal Court approved: 1. Distribution of the Net Settlement Fund. The Net Settlement Fund (in the aggregate amount of approximately $4 million) in the Class Action entitled William Ross and Dawn Ross vs. Reserve Management Company, Inc., et al., will be distributed to eligible Class Members. The Net Settlement Fund includes both the RMCI and TD Ameritrade Cash Contributions. An eligible Class Member will not receive a payment from the Net Settlement Fund, if such distribution would be less than one penny ($.01). 2. Distribution of Final Remaining Fund Assets. All remaining Fund assets, (in the approximate amount of $31 million) will be distributed to Fund Shareholders ("Final Distribution"). The amount of the final remaining fund assets will be determined after the payment of, or reserve for, all applicable expenses." It continues, "For investors who hold the Fund through a brokerage account, the Fund will make distributions to the respective brokerage firms, including TD Ameritrade. These brokerage firms will follow their own procedures for allocating distributions among their client accounts. Please contact the respective brokerage firms with any questions or comments. It is anticipated that payment of the above-referenced distributions will occur in June 2016.... When combined with previous distributions, Fund investors will have received approximately 97-98 cents per share held in the Fund on September 15, 2008, depending on whether they purchased or held the shares through TD Ameritrade. The Fund will issue another Fund Update at the time the final distributions are to be made to advise Fund investors of the distribution date. Please check the Fund's website (www.primary-yieldplus-inliquidation.com) for future updates."

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