An investment trust consisting of a fixed portfolio of assets such as mortgages or commodities that is held by an intermediary and sold as shares to individual investors. Shareholders share in the income and profit/loss activity of the underlying assets. An example of a WHFIT is a commodity trust such as SPDR Gold Trust. Also called Widely Held Mortgage Trust (WHMT) and Non-Mortgage Widely Held Fixed Investment Trust (NMWHFIT).

Related information about widely held fixed investment trust (WHFIT):

1. Widely Held Fixed Investment Trust (WHFIT) Definition | Investopedia
   A fixed investment trust that is held by at least one third party, or middleman, rather than the owner of the trust. A widely held fixed investment trust (WHFIT) is set ...
    
2. 2011 Widely Held Fixed Investment Trust (WHFIT ... - LPL Financial
   2011 Widely Held. Fixed Investment Trust. (WHFIT) Guide. The purpose of this 2011 Tax Guide supplement is to inform you of the new Internal Revenue Service ...
    
3. What is widely held fixed investment trust (WHFIT)? definition and ...
   Definition of widely held fixed investment trust (WHFIT): An investment trust consisting of a fixed portfolio of assets such as mortgages or commodities that is held ...
    
4. Widely Held Fixed Investment Trust - WHFIT: Definition from ...
   Widely Held Fixed Investment Trust - WHFIT A fixed investment trust that is held by at least one third party, or middleman, rather than the owner.
    
5. FREQUENTLY ASKED QUESTIONS - Widely Held ... - Ginnie Mae
   The Widely Held Fixed Investment Trust (WHFIT) Tax Reporting file layout states that the OID can be reported as "zero dollars". Can both the WHFIT Tax ...
    
6. Instructions for Forms 1099-INT and 1099-OID (2012)
   For rules regarding when interest earned by a trust interest holder (TIH) in a widely held fixed investment trust (WHFIT) is reportable, see Regulations section ...
    
7. 26 CFR 1.671-5 - Reporting for widely held fixed investment trusts ...
   Apr 1, 2012 ... (22) A widely held fixed investment trust (WHFIT) is an arrangement classified as a trust under § 301.7701-4(c) of this chapter, provided that— ...
    
8. 2011 Tax Guide
   Feb 4, 2012 ... If you held a mutual fund, real estate investment trust (REIT), widely held fixed investment trust (WHFIT), widely held mortgage trust (WHMT) or ...