Replies to post #121 on United Development Funding IV fka UDFI

[Jh5142]

The collateral backing these loans has increased in value so dramatically in the last couple years it’s hard for me to see a scenario where there’s not far in excess of three dollars per share.

[Enterprising Investor]

NHF purchased 281,495 shares in 3Q2017.

Based on my calculations, the weighted average closing price for the quarter was around $3.097.

It will be interesting to learn how much the stake grew in the fourth quarter.

[Enterprising Investor]

Nexpoint Credit Strategies Fund owned 585,000 shares at 12/31/17.

Up from 306,502 shares at 9/30/17.

http://www.nexpointadvisors.com/wp-content/uploads/2018/03/NHF-Annual-Report-12.31.17.pdf