It was found that after treatment under 10T magnetic field and temperature 900 °C the bending strength of NiAl–Cr(Mo)–Hf alloy is increased by about 75%. The fracture section observation shows that the specimens' ductility is enhanced by the magnetic field treatment. Electron probe microanalysis shows that after treatment of the magnetic field the Heusler phases at NiAl/Cr(Mo) grain boundaries are partially dissolved and the small Heusler phases particles at Cr(Mo) and matrix phases interfaces almost dissolved into NiAl matrix.