Competitive Returns

The HIT-DVF seeks to provide fixed-income performance competitive with the investment grade bond market benchmark, the Bloomberg Barclays U.S. Aggregate Bond Index (Barclays Aggregate Bond Index).

Credit Quality

The HIT-DVF provides exposure to a debt portfolio with a higher combined percentage of high credit quality government or agency insured/guaranteed debt, AAA-rated debt, and cash than the Barclays Aggregate Bond Index.  See Portfolio and Performance.

Jobs, Housing and Competitive Returns

The HIT-DVF’s primary investment, the HIT, has a 35-year track record of financing affordable and market-rate housing, creating union construction jobs with good pay and benefits, and helping strengthen communities across the US. 

Daily Valuation

The HIT-DVF provides participants in 401(k) and other qualified defined contribution retirement plans with many of the benefits of investing in the HIT. 

At the same time, it provides daily valuation consistent with the liquidity needs of most defined contribution plans.

HIT's net performance for the 1-, 3-, 5-, and 10-year periods ended September 30, 2019, was 10.35%, 2.75%, 3.24%, and 3.62%, respectively. The performance data quoted represents past performance and is no guarantee of future results. Investment results and principal value will fluctuate so that units in the HIT, when redeemed, may be worth more or less than the original cost. The HIT’s current performance may be lower or higher than the performance data quoted. Performance data current to the most recent month-end is available from the HIT’s website at Net performance figures reflect the deduction of HIT expenses and are the performance figures investors experience in the HIT.  Information about HIT expenses can be found on page 1 of the HIT’s current prospectus.