United Development Funding IV announced that its board of trustees has authorized monthly distributions of $0.1367 per share for the first quarter of 2015 payable on January 26, February 25 and March 25, 2015, to shareholders of record at the close of business on January 15, February 13 and March 13, 2015, respectively.

The Trust reiterates its guidance to declare distributions of approximately $1.75 per share and to earn between $1.80 and $1.90 per share in fiscal 2015. Distributions declared in fiscal 2014 totaled $1.68 per share, with $1.64 per share declared as regular monthly distributions and $0.04 per share declared as a special distribution to shareholders of record as of November 28, 2014.