0001387131-19-007178.txt : 20190926 0001387131-19-007178.hdr.sgml : 20190926 20190926142233 ACCESSION NUMBER: 0001387131-19-007178 CONFORMED SUBMISSION TYPE: 40-24B2 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20190926 DATE AS OF CHANGE: 20190926 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AFL CIO HOUSING INVESTMENT TRUST CENTRAL INDEX KEY: 0000225030 IRS NUMBER: 526220193 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 40-24B2 SEC ACT: 1940 Act SEC FILE NUMBER: 811-03493 FILM NUMBER: 191117386 BUSINESS ADDRESS: STREET 1: 2401 PENNSYLVANIA AVENUE, NW STREET 2: SUITE 200 CITY: WASHINGTON STATE: DC ZIP: 20037 BUSINESS PHONE: 2023318055 MAIL ADDRESS: STREET 1: 2401 PENNSYLVANIA AVENUE, NW STREET 2: SUITE 200 CITY: WASHINGTON STATE: DC ZIP: 20037 40-24B2 1 ahit-4024b2_092619.htm FILING OF SALES LITERATURE

 

 

 

Overview

 

The AFL-CIO Housing Investment Trust (“HIT”) seeks to generate competitive, risk-adjusted total rates of return for its participants relative to the Bloomberg Barclays U.S. Aggregate Bond Index. The HIT seeks to accomplish this objective through a focus on multifamily mortgage-backed securities while simultaneously encouraging the construction and preservation of rental housing and facilitating employment for union members in the construction trades.

 

HIT Difference

 

•Competitive Returns relative to its benchmark, the Bloomberg Barclays U.S. Aggregate Bond Index.
•Focus on Multifamily MBS, providing investors with important diversification within the fixed-income sector.
•Creation of Union Construction Jobs and Affordable Housing addressing issues important to working people.

 

How to Invest

 

The HIT is an open-ended mutual fund available to eligible institutional investors.

 

•The HIT is valued monthly as of the last business day of the month.
•Units are sold directly by the HIT without any sales charge (load) or commissions.
•Purchase price is equal to the units’ net asset value as of the close of business of the major bond markets in New York on the last business day of each month.
•Funds received prior to the last day of the month are invested in a short-term investment vehicle until the last day of the month, at which time funds are invested in the HIT.
•Funds must be received by 4:00PM Eastern Standard Time (EST) on the last business day of the month to be invested for the following month.

 

 

See the Prospectus for additional information. Defined contribution plan investors can also access the benefits of the HIT through the AFL-CIO Housing Investment Trust Daily Valued Fund (HIT-DVF), a collective investment fund offered by Hand Benefits & Trust.