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GRAPEVINE, Texas, Sept. 01, 2020 (GLOBE NEWSWIRE) — United Development Funding IV (the “Trust” or “UDF IV,” and together with its affiliates “UDF”) issued a response on August 31, 2020 to NexPoint Advisors, L.P. (together with its affiliates “NexPoint”) regarding their request to inspect certain materials of the Trust (the “Demand”). NexPoint made this Demand in a letter to the UDF IV Board of Trustees (the “Board”) dated August 11, 2020.