Dudek (1979) describes the following formula as "the standard deviation of true scores when the observed score is held constant" (p. 337):
$SE_{est} = SD \sqrt{(reliability × (1 - reliability))}$
As I understand it, my true score is a hypothesized 'real' score for me on some test, for example an IQ test. Due to measurement error it won't necessarily be my actual score on any given test, but if I could repeat the IQ test infinitely many times with no practice effects then my true score would be the mode mean.
If I just have a single underlying true score, how can we talk about there being a standard deviation of true scores?
Dudek FJ. 1979. The continuing misinterpretation of the standard error of measurement. Psychol Bull 86:335–337.