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The present study investigates the high-temperature shape memory effect (SME) in heterophase Ni50.3Ti32.2Hf17.5 polycrystals with nanosized H-phase particles after stress-induced martensite (SIM) aging in tension and compression. SIM aging created the conditions for fully reversible two-way SME with a strain of up to 50% of the one-way shape memory strain. SIM aging altered the viscoelastic properties of material, in particular, the elastic moduli of austenite and martensite increased, as did internal friction. Increased interface mobility is suggested as the reason for internal friction growth.

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