Investors gated into the former Woodford Income Fund will receive their share of a £143 million payment this week, as the sell-off of the fund’s illiquid holdings continues.

Investors will receive between 3.1251 and 3.9542 pence per share depending on their share class and whether they were in drawdown or accumulation.

Investors have now received £2.27 billion. The fund was valued at £3.03 billion when it was suspended in June 2019.

The administrator, Link Fund Solutions, said it hoped to provide investors with further money as the liquidation continued.

“It is intended that further distributi...