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United Development Funding IV (UDF IV) is a publicly traded real estate investment trust based in Grapevine, Texas, that focuses on generating current interest income through secured loans and investments in residential real estate. Listed on the NASDAQ Global Select Market, UDF IV aims to provide shareholders with capital appreciation and an opportunity to reinvest cash distributions into additional shares while minimizing transaction costs.
The company offers a Distribution Reinvestment Plan (DRIP), allowing eligible shareholders to automatically reinvest cash distributions into common shares of beneficial interest without incurring selling commissions or fees. UDF IV may utilize various channels, including social media, to disseminate important operational updates and financial information to its investors.
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