- NHF is a rather interesting fund as it invests in real estate, common equities, and fixed-income.
- The fund is in the process of converting to a REIT, so it will likely become much more real estate-heavy over the next year.
- Real estate is nice because it can preserve the purchasing power of your hard-earned wealth during periods of inflation.
- The fund failed to cover its distributions in both 2019 and 2020, which is very concerning.
- The fund trades at an incredibly large discount, so may be worth taking a chance on but its finances are worrisome.
For further details see:
NHF: An Interesting And Heavily Discounted Fund In Transition