[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"seo:\u002Fdetalhes\u002FAFHF11\u002Fdocumentos\u002F7791":3,"fii-documento:AFHF11":87,"documento:AFHF11:7791":283},{"title":4,"description":5,"canonical":6,"image":7,"json_ld":8,"nome":33,"resumo":79},"Relatório Gerencial AFHF11 de fevereiro de 2026 | Kartac","Relatório Gerencial de fevereiro de 2026 do AFHF11, entrega em 27\u002F03\u002F2026. DY 12 meses de 14,65% e P\u002FVP 0,98 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FAFHF11\u002Fdocumentos\u002F7791","https:\u002F\u002Fwww.kartac.com.br\u002Fimages\u002Fog.png",{"@context":9,"@graph":10},"https:\u002F\u002Fschema.org",[11,17,22,31,49,64],{"@type":12,"@id":13,"name":14,"url":15,"logo":16},"Organization","https:\u002F\u002Fwww.kartac.com.br\u002F#organizacao","Kartac","https:\u002F\u002Fwww.kartac.com.br\u002F","https:\u002F\u002Fwww.kartac.com.br\u002Fandroid-chrome-512x512.png",{"@type":18,"@id":19,"name":14,"url":15,"inLanguage":20,"publisher":21},"WebSite","https:\u002F\u002Fwww.kartac.com.br\u002F#site","pt-BR",{"@id":13},{"@type":23,"@id":24,"url":6,"name":4,"description":5,"inLanguage":20,"isPartOf":25,"dateModified":26,"mainEntity":27,"breadcrumb":29},"WebPage","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FAFHF11\u002Fdocumentos\u002F7791#pagina",{"@id":19},"2026-11-02",{"@id":28},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FAFHF11\u002Fdocumentos\u002F7791#documento",{"@id":30},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FAFHF11\u002Fdocumentos\u002F7791#migalhas",{"@type":32,"@id":28,"name":33,"alternateName":34,"url":6,"inLanguage":20,"about":35,"genre":37,"datePublished":38,"temporalCoverage":39,"author":40,"publisher":46,"isBasedOn":48},"Report","Relatório Gerencial AFHF11 de fevereiro de 2026","(AFHF) Relatório Gerencial - 27\u002F02\u002F2026",{"@id":36},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FAFHF11#fundo","Relatórios","2026-03-27","2026-02",{"@type":12,"name":41,"identifier":42},"AF INVEST REAL ESTATE ADMINISTRACAO DE RECURSOS LT",{"@type":43,"propertyID":44,"value":45},"PropertyValue","CNPJ","43.946.902\u002F0001-28",{"@type":12,"name":47},".BANCO DAYCOVAL S\u002FA","https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1147214",{"@type":50,"@id":36,"name":51,"alternateName":52,"url":55,"category":56,"identifier":57,"provider":62},"InvestmentFund","AF Invest Real Estate Multiestratégia",[53,54],"AFHF11","AF INVEST REAL ESTATE MULTIESTRATÉGIA FUNDO DE INVESTIMENTO IMOBILIÁRIO - RESPONSABILIDADE LIMITADA","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FAFHF11","Papel",[58,60],{"@type":43,"propertyID":59,"value":53},"Ticker B3",{"@type":43,"propertyID":44,"value":61},"60.077.386\u002F0001-61",{"@type":12,"name":41,"identifier":63},{"@type":43,"propertyID":44,"value":45},{"@type":65,"@id":30,"itemListElement":66},"BreadcrumbList",[67,71,75,77],{"@type":68,"position":69,"name":70,"item":15},"ListItem",1,"Início",{"@type":68,"position":72,"name":73,"item":74},2,"FIIs","https:\u002F\u002Fwww.kartac.com.br\u002Franking",{"@type":68,"position":76,"name":53,"item":55},3,{"@type":68,"position":78,"name":34,"item":6},4,{"atualizado_em":80,"frases":81},"2026-11-05",[82,83,84,85,86],"Relatório Gerencial do AF Invest Real Estate Multiestratégia (AFHF11), fundo imobiliário de papel, referente a fevereiro de 2026, com entrega no FundosNet (B3) em 27\u002F03\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do AFHF11 fechou a R$ 10,00, com P\u002FVP de 0,98 (valor patrimonial de R$ 10,20 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,12 por cota, com pagamento em out\u002F2026, e o dividend yield dos últimos 12 meses é de 14,65% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 51 milhões no informe mensal de setembro de 2026.","Os indicadores são os mais recentes da base do Kartac, não os do período do documento.",{"id":88,"empresa":89,"gestor":93,"cotacoes":99,"patrimonio":205,"vpa":206,"p_vpa":207,"tipo_gestao":208,"mandato":209,"segmento":210,"categoria":56,"grupo":56,"preco_atual":199,"cotacao_atualizada_em":211,"ultima_variacao_cotacao_24h":212,"variacao_cotacao_7d":213,"variacao_cotacao_1m":214,"variacao_cotacao_3m":215,"variacao_cotacao_6m":216,"variacao_cotacao_12m":217,"vacancia_fisica":209,"liquidez_atual":218,"ultimo_dividendo":219,"ultimo_dividend_yield":220,"mes_pagamento_ultimo_dividendo":221,"dividend_yield_3m":222,"dividend_yield_6m":223,"dividend_yield_12m":224,"dividend_yield_medio_12m":225,"qtd_dividendos_pagos_ano_passado":226,"data_ultima_cotacao":203,"pregoes_com_negocio_21":227,"alertas":228,"updated_at":229,"liquidez_media_reais":230,"administrador":47,"taxa_administracao_paga":209,"balanco":231,"resultado_distribuido":238,"publico_alvo":243,"mercados_negociacao_cotas":244,"data_funcionamento":247,"data_final":209,"quantidade_cotas":248,"quantidade_cotistas":249,"detalhes_cotistas":250,"total_investido":253,"investimentos_fundo":254,"imoveis":258,"contratos":209,"custodiante":261,"auditor_independente":268,"formador_mercado":209,"distribuidor_cotas":275,"consultor_especializado":209,"administrador_locacoes":209,"relatorio_anual":276,"analise_administrador":279},354,{"nome":54,"nome_simplificado":90,"nome_comercial":51,"ticker":53,"nome_ticker":91,"nome_pregao":92,"cnpj":61},"AF INVEST REAL ESTATE MULTIESTRATÉGIA   RESPONSABILIDADE LIMITADA","AFHF11 - AF INVEST REAL ESTATE MULTIESTRATÉGIA FUNDO DE INVESTIMENTO IMOBILIÁRIO - RESPONSABILIDADE LIMITADA","FII AFHF",{"id":94,"nome":41,"cnpj":95,"endereco":96,"telefone":97,"created_at":98,"updated_at":98},33,"43946902000128","R TABAPUA, 1123, AND 1 CONJ 18 EDIF SPAZIO DEL SOLE - ITAIM BIBI, SAO PAULO - SP - 04533-014","(31) 21036000","2026-10-03T18:52:05.000000Z",[100,106,112,117,123,128,132,137,143,148,154,158,163,168,174,178,184,190,195,201],{"id":101,"data":102,"abertura":103,"ultimo":104,"volume":105},3288846,"2026-10-06",10.29,10.3,9111,{"id":107,"data":108,"abertura":109,"ultimo":110,"volume":111},3289346,"2026-10-07",10.32,10.49,4105,{"id":113,"data":114,"abertura":115,"ultimo":104,"volume":116},3290500,"2026-10-08",10.5,17053,{"id":118,"data":119,"abertura":120,"ultimo":121,"volume":122},3291056,"2026-10-09",10.36,10.35,3778,{"id":124,"data":125,"abertura":126,"ultimo":126,"volume":127},3357266,"2026-10-13",10.37,7165,{"id":129,"data":130,"abertura":126,"ultimo":109,"volume":131},3375589,"2026-10-14",2230,{"id":133,"data":134,"abertura":109,"ultimo":135,"volume":136},3376216,"2026-10-15",10.43,8753,{"id":138,"data":139,"abertura":140,"ultimo":141,"volume":142},3377092,"2026-10-16",10.39,10.34,4417,{"id":144,"data":145,"abertura":146,"ultimo":104,"volume":147},3444821,"2026-10-19",10.45,2870,{"id":149,"data":150,"abertura":151,"ultimo":152,"volume":153},3446557,"2026-10-20",10.41,10.4,533,{"id":155,"data":156,"abertura":126,"ultimo":146,"volume":157},3459704,"2026-10-21",1459,{"id":159,"data":160,"abertura":161,"ultimo":146,"volume":162},3473739,"2026-10-22",10.48,1876,{"id":164,"data":165,"abertura":135,"ultimo":166,"volume":167},3488136,"2026-10-23",10.57,9834,{"id":169,"data":170,"abertura":171,"ultimo":172,"volume":173},3566028,"2026-10-26",10.05,10.18,14549,{"id":175,"data":176,"abertura":172,"ultimo":171,"volume":177},3580280,"2026-10-27",13065,{"id":179,"data":180,"abertura":181,"ultimo":182,"volume":183},3594259,"2026-10-28",10.16,10.21,12049,{"id":185,"data":186,"abertura":187,"ultimo":188,"volume":189},3609102,"2026-10-29",10.27,10.09,2713,{"id":191,"data":192,"abertura":188,"ultimo":193,"volume":194},3624635,"2026-10-30",10.1,4084,{"id":196,"data":197,"abertura":198,"ultimo":199,"volume":200},3682038,"2026-11-03",10.06,10,15736,{"id":202,"data":203,"abertura":199,"ultimo":199,"volume":204},3695550,"2026-11-04",7186,51010238.59,10.2,"0.98","Ativa",null,"Outros","2026-11-04 09:00","0.0000","-0.0089","-0.0291","-0.0030","-0.0020","-0.0050",67,"0.1200","0.0115","Out\u002F2026","0.0240","0.0710","0.1465","0.0121",5,21,[],"05\u002F11\u002F2026 08:05",72894.47,{"data_referencia":232,"ativo":233,"passivo":234,"obrigacoes_imoveis":235,"obrigacoes_securitizacao":235,"liquidez":236,"valores_receber":237},"2026-09-01",51209211.24,198972.65,0,6478033.9,12203.52,{"data_referencia":239,"resultado":240,"rendimentos":241,"percentual":242},"2026-06-30",4393124.84,4199999.998,0.9560393002626348,"Investidores em Geral",[245,246],"Bolsa","MBO","2025-07-01",5000000,1890,{"Pessoa Física":251,"Outros tipos de cotistas não relacionados":252,"Investidores não residentes":69},1205,684,44718973.82,{"CRI \u002F CRA":255,"Cotas de FIIs":256,"Ações":257},37837934.32,5112814.5,1768225,{"vacancia_total":235,"lista_imoveis":259,"data_referencia":239,"vacancia_suspeita":260},[],false,{"id":262,"nome":263,"cnpj":264,"endereco":265,"telefone":266,"created_at":267,"updated_at":267},54,"BANCO DAYCOVAL S.A","62232889000190","Avenida Paulista 1793, Bela Vista, São Paulo SP - 01311-200","(11) 3563-4389","2026-10-03T18:53:48.000000Z",{"id":269,"nome":270,"cnpj":271,"endereco":272,"telefone":273,"created_at":274,"updated_at":274},24,"ERNST & YOUNG AUDITORES INDEPENDENTES S\u002FS LTDA","61366936000125","AV PRESIDENTE JUSCELINO KUBITSCHEK 1909, SP CORP TOWER TORRE NORTE ANDAR 8 CONJ 81 – VILA NOVA CONCEIÇÃO – SÃO PAULO\u002FSP – 04.543-907","(11) 2573-3000","2026-10-03T18:51:30.000000Z",{"id":262,"nome":263,"cnpj":264,"endereco":265,"telefone":266,"created_at":267,"updated_at":267},{"ano_referencia":277,"data_disponibilizacao":278},"2026","2026-09-29",{"ResultadoFundo":280,"ConjunturaEconomica":281,"PerspectivaPeriodoSeguinte":282},"Os resultados do fundo de investimento podem ser consultados diretamente na demonstração financeira do fundo (DF). Esta documentação estara disponível para consulta em: (https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FabrirGerenciadorDocumentosCVM), e proporciona uma visão detalhada do desempenho e das operações realizadas ao longo do período.","O exercício de julho de 2025 a junho de 2026 foi marcado por juros elevados por período prolongado. A Selic permaneceu em 15% a.a., maior patamar em quase duas décadas, de junho de 2025 a março de 2026, quando o Banco Central iniciou um ciclo gradual de cortes de 0,25 p.p. por reunião (14,75% em março, 14,50% em abril e 14,25% em junho de 2026). A inflação, que vinha em acomodação em 2025, voltou a acelerar no primeiro semestre de 2026 com o choque de commodities decorrente do conflito no Oriente Médio, e as expectativas para o IPCA de 2026 passaram a superar o teto da meta (4,5%), levando o Copom a adotar postura cautelosa, sem sinalização sobre o ritmo do ciclo. As expectativas para a Selic ao final de 2026 subiram ao longo do semestre, de cerca de 12% para cerca de 14%, pressionando os ativos sensíveis a juros.\n\nPara os fundos imobiliários, o período teve duas fases distintas. No segundo semestre de 2025, o IFIX deu continuidade à recuperação iniciada no início daquele ano e encerrou 2025 com alta de 21,15%. No primeiro semestre de 2026, com a reprecificação dos juros e a saída de investidores estrangeiros da bolsa, o índice avançou apenas 0,83%, o pior primeiro semestre desde 2022, com maior pressão sobre os fundos de tijolo e desempenho relativo melhor dos fundos de papel, que passaram a ser o segmento preferido das carteiras recomendadas. O mercado primário, contudo, seguiu aquecido: as emissões de FII somaram R$ 39,5 bilhões no primeiro semestre de 2026 (+103,9% em 12 meses, recorde), com a participação de pessoas físicas mais que dobrando.\n\nNo crédito imobiliário estruturado, segmento central da estratégia do Fundo, as emissões de CRI totalizaram R$ 20,3 bilhões no primeiro semestre de 2026, queda de 15,8% frente ao mesmo período de 2025, refletindo o custo elevado de captação para os devedores e a maior seletividade dos investidores","O cenário-base contempla a continuidade gradual do ciclo de cortes da Selic, condicionada à convergência da inflação, com juros reais ainda elevados em 2026 e volatilidade adicional pela proximidade do período eleitoral. No mercado de CRI, a expectativa é de manutenção de carrego elevado: os papéis em CDI seguem se beneficiando do patamar da taxa básica, enquanto os indexados a índices de preços tendem a capturar a inflação corrente acima da meta, com possibilidade de ganho de marcação a mercado à medida que a curva de juros recue. Do lado do crédito, o custo de capital elevado continua pressionando incorporadoras e projetos alavancados, o que deve manter a seletividade dos investidores, spreads atrativos nas novas emissões e a importância da análise de garantias e do monitoramento contínuo das operações.\nNo mercado de fundos imobiliários, o exercício começa com o setor negociando descontos relevantes sobre o valor patrimonial, sobretudo nos fundos de tijolo, após o pior primeiro semestre do IFIX desde 2022. Os fundos de papel tendem a seguir favorecidos enquanto a Selic permanecer elevada, pelo carrego e pela menor sensibilidade a juros, ao passo que os fundos de tijolo com ativos de qualidade e contratos resilientes são os principais candidatos à reprecificação quando o afrouxamento monetário ganhar tração. Nos fundos de desenvolvimento, a perspectiva está ligada ao ritmo de vendas e de execução dos projetos, favorecidos pela demanda nos segmentos econômicos e pela gradual redução do custo de financiamento, com atenção à evolução dos custos de construção e à liquidez dos estoques. O mercado primário aquecido e a ampliação da base de investidores pessoas físicas sustentam a liquidez do segmento, ainda que com dispersão crescente entre fundos.\nNas ações do setor imobiliário, os múltiplos das companhias do IMOB foram comprimidos pelo ciclo de juros. As incorporadoras voltadas ao Minha Casa, Minha Vida têm demonstrado maior resiliência operacional, com lançamentos e vendas sustentados pelo programa habitacional, enquanto os segmentos de média e alta renda e as administradoras de shoppings e propriedades comerciais seguem mais sensíveis ao custo de capital e tendem a ser os principais beneficiados por um ciclo consistente de queda dos juros. A volatilidade do ano eleitoral deve seguir influenciando o segmento no curto prazo.",{"id":284,"descricao":34,"assunto":285,"tipo":37,"situacao":286,"texto":287,"link_pdf":288,"estruturado":260,"link_original":48,"data_referencia":289,"data_entrega":290,"versao":69},7791,"Relatório Gerencial","(Ativo)","\u003Ch3>AF Invest Real Estate Multiestratégia FII - AFHF11 Relatório de Gestão\u003C\u002Fh3>\u003Cp>Administrador, Escriturador e Custodiante\u003C\u002Fp>\u003Ch3>OBJETIVO\u003C\u002Fh3>\u003Cp>BancoDaycoval\u003C\u002Fp>\u003Cp>Recebimento de rendimentos e apuração de ganhos de capital por meio de investimentos em Certificados de Recebíveis Imobiliários (CRIs), cotas de Fundos de Investimento Imobiliário (FIIs), ativos reais e ações listadas de companhias do setor imobiliário.\u003C\u002Fp>\u003Cp>\u003Cstrong>GESTORA\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>INÍCIO DO FUNDO\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>AF Invest Real Estate\u003C\u002Fp>\u003Cp>01 de julho de 2025\u003C\u002Fp>\u003Cp>\u003Cstrong>ADMINISTRADOR\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>TAXAS DE ADM¹\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>Banco Daycoval\u003C\u002Fp>\u003Cp>1,03% a.a.\u003C\u002Fp>\u003Cp>\u003Cstrong>TAXA DE PERFOMANCE\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>PATRIMÔNIO LÍQUIDO\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>15% do que exceder 100% do CDI\u003C\u002Fp>\u003Cp>R$ 51,0 M\u003C\u002Fp>\u003Cp>\u003Cstrong>COTA PATRIMONIAL\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>NÚMERO DE COTAS\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>10,21\u003C\u002Fp>\u003Cp>5.000.000\u003C\u002Fp>\u003Cp>\u003Cstrong>COTA MERCADO\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>COTISTAS\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>10,04\u003C\u002Fp>\u003Cp>782\u003C\u002Fp>\u003Cp>\u003Cstrong>CNPJ\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>60.077.386\u002F0001-61\u003C\u002Fp>\u003Ch3>Resultados do mês\u003C\u002Fh3>\u003Cp>\u003Cstrong>Resultado gerado no mês\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ 0,114\u003C\u002Fp>\u003Cp>\u003Cstrong>Resultado distribuído no mês\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ 0,120\u003C\u002Fp>\u003Cp>\u003Cstrong>Resultado total acumulado\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ 0,010\u003C\u002Fp>\u003Cp>\u003Cstrong>Resultado acumulado\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ 0,010\u003C\u002Fp>\u003Cp>\u003Cstrong>Resultado acumulado de inflação não distribuído\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ -\u003C\u002Fp>\u003Ch3>RESULTADOS DO MÊS\u003C\u002Fh3>\u003Cp>Resultado gerado no mês\u003C\u002Fp>\u003Cp>Resultado distribuído no mês\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_2_image_15.jpg\">\u003C\u002Fp>\u003Cp>jul\u002F25 ago\u002F25 set\u002F25 out\u002F25 nov\u002F25 dez\u002F25 jan\u002F26 fev\u002F26 mar\u002F26 abr\u002F26 mai\u002F26 jun\u002F26\u003C\u002Fp>\u003Ch3>RESERVA ACUMULADA\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_2_chart_18.jpg\">\u003C\u002Fp>\u003Cp>jul\u002F25 ago\u002F25 set\u002F25 out\u002F25 nov\u002F25 dez\u002F25 jan\u002F26 fev\u002F26 mar\u002F26 abr\u002F26 mai\u002F26 jun\u002F26\u003C\u002Fp>\u003Ch3>Retorno de Investimentos\u003C\u002Fh3>\u003Cp>Apresentamos abaixo o retorno total (TIR anualizada) obtido pelo fundo com a amortização extraordinária integral do CRI Rochaverá.\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_3_image_3.jpg\">\u003C\u002Fp>\u003Ch3>Safra\u003C\u002Fh3>\u003Cp>\u003Cstrong>CRI Rochaverá\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>TIR anualizada\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>17,63% a.a.\u003C\u002Fp>\u003Cp>\u003Cstrong>Valor investido\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ 5.013.473,40\u003C\u002Fp>\u003Cp>\u003Cstrong>Retorno\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ 565.719,67\u003C\u002Fp>\u003Cp>\u003Cstrong>Prazo\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>7 meses\u003C\u002Fp>\u003Cp>\u003Cstrong>Duration\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>0,56 ano\u003C\u002Fp>\u003Ch3>Palavra do Gestor\u003C\u002Fh3>\u003Ch3>RESULTADO\u003C\u002Fh3>\u003Cp>Em fevereiro de 2026, o fundo auferiu lucro em regime de caixa de R$570.597,53. Somado ao saldo acumulado e não distribuído, de R$81.746,92, o resultado a distribuir do fundo em fevereiro de 2026 totalizava R$652.344,45, ou R$0,13 por cota. A equipe de gestão optou por distribuir o valor de R$0,12 por cota. Desta forma, o resultado acumulado e não distribuído do fundo totaliza R$52.344,45, ou R$0,01 por cota.\u003C\u002Fp>\u003Cp>A cota patrimonial do fundo apresentou valorização de R$0,02, saindo de R$10,19, em janeiro, para R$10,21 em fevereiro, em virtude da marcação a mercado realizada pelo administrador na carteira do fundo no período, cujo critério adotado é o spread sobre a NTN-B correspondente à duration de cada um dos papéis.\u003C\u002Fp>\u003Cp>Destacamos que todas as operações do fundo estão adimplentes com suas respectivas obrigações.\u003C\u002Fp>\u003Ch3>RENDIMENTOS\u003C\u002Fh3>\u003Cp>A distribuição de rendimentos referente a fevereiro, anunciados em 13\u002F03\u002F2026 e pagos em 20\u002F03\u002F2026, totalizou R$0,12 por cota. Este valor equivale a um dividend yield mensal de 1,20% e anual de 15,32%, considerando o preço de fechamento da cota em 13\u002F03\u002F2026, qual seja de R$10,04, e corresponde a uma remuneração bruta de imposto de renda de 1,41% a.m. e 18,24% a.a.\u003C\u002Fp>\u003Ch3>MOVIMENTAÇÕES\u003C\u002Fh3>\u003Cp>CRI MAC : Em 26\u002F02\u002F2026, o fundo comprou, no mercado secundário, um volume total de R$4.804.444,67, referente ao CRI MAC Empreendimentos, à taxa de IPCA + 12,00% a.a. Trata-se de uma operação de adiantamento de recebíveis do loteamento Joanes Parque, localizado em Lauro de Freitas, no Estado da Bahia. O projeto possui mais de 85% das unidades vendidas e 45% de obras já executadas. A operação conta com cessão fiduciária dos recebíveis do empreendimento, alienação fiduciária do estoque, fiança da empresa e dos sócios até o nível da pessoa física, fundo de reserva com valor mínimo de 3 PMT’s, fundo de obras e fundo de despesas. A equipe de gestão realizou esta alocação em caráter tático, com garantia de recompra por uma gestora parceira em até 90 dias da data de aquisição.\u003C\u002Fp>\u003Cp>CRI TRX Mateus: No dia 09\u002F03\u002F2026, o fundo comprou, no mercado secundário, um volume de R$44.998,72, referente ao CRI TRX Mateus, à taxa média de IPCA + 9,20% a.a. Trata-se da mesma operação já presente na carteira do fundo, lastreada em créditos imobiliários decorrentes de dois contratos de locação atípica, na modalidade Built to Suit (BTS), de lojas de varejo localizadas em Juazeiro\u002FBA e Petrolina\u002FPE, cujo cedente é o TRX REAL ESTATE – TRXF11 e o locatário o Mateus Supermercados S.A.\u003C\u002Fp>\u003Ch3>MOVIMENTAÇÕES\u003C\u002Fh3>\u003Cp>CRI MRV II: Em 18\u002F03\u002F2026, o fundo adquiriu, no mercado secundário, duas séries, equivalentes a um volume de R$4.658.413,04, do CR MRV, à taxa de CDI + 3,00% a.a. A operação consiste na antecipação de recebíveis decorrentes de contratos de confissão de dívida relacionados à compra de unidades de empreendimentos desenvolvidos por SPE’s controladas pela MRV Engenharia e Participações S.A. O valor nominal da carteira de recebíveis totalizava R$355.057.129,73 na data de emissão do CRI e o valor da operação foi de R$340.000.000,00. A operação conta com alguns mitigadores de risco, como apólice de seguro garantia com cobertura de R$14.202.285,19, fundo de despesas com saldo inicial de R$110.000,00, fundo de reserva com saldo inicial de R$34.300.000,00 e saldo mínimo equivalente às 3 próximas PMT’s com obrigação de recomposição da MRV sempre que o saldo ficar inferior à próxima PMT.\u003C\u002Fp>\u003Cp>CRI TRX Assaí: Em 18\u002F03\u002F2026, 20\u002F03\u002F2026 e 25\u002F03\u002F2026, o fundo comprou, no mercado secundário, um volume de R$ 1.437.368,61 do CRI TRX Assaí, à taxa média de IPCA + 9,14%. Trata-se de operação estruturada pelo TRX Real Estate II FII (TRXB11) com o objetivo de financiar a aquisição de ativos imobiliários localizados nos municípios de Jequié\u002FBA, Paulo Afonso\u002FBA, Teresina\u002FPI, Dourados\u002FMS e Bauru\u002FSP, no contexto de uma estratégia de sale & leaseback. O lastro da operação é composto por 4 contratos de locação atípica firmados com a varejista Assaí Atacadista S.A. (ASAI3) e 1 contrato com a Companhia Brasileira de Distribuição – Grupo Pão de Açúcar (PCAR3). A estrutura de garantias inclui alienação fiduciária dos imóveis objeto da operação, cessão fiduciária de recebíveis oriundos dos contratos de locação, alienação fiduciária da totalidade das quotas da SPE proprietária dos ativos, fiança corporativa cruzada entre as locatárias, além da constituição de fundo de reserva e fundo de despesas.\u003C\u002Fp>\u003Ch3>PROJEÇÕES\u003C\u002Fh3>\u003Cp>Em fevereiro de 2026, o resultado do fundo foi impactado positivamente pelo pré-pagamento do CRI Rochaverá (IF:24A2983450), que gerou um prêmio de R$0,01 por cota. Conforme divulgado em 12\u002F03\u002F2026, o IPCA de fevereiro registrou alta de 0,70%, o que deverá impactar positivamente o resultado do fundo nos próximos meses, considerando a defasagem média de dois meses na correção monetária dos CRIs indexados ao IPCA.\u003C\u002Fp>\u003Cp>Como refletido neste relatório, a equipe de gestão mantém os esforços para a aquisição de ativos nos mercados primário e secundário, priorizando operações indexadas ao IPCA+, com spreads superiores às taxas médias da carteira, sem deterioração do nível de risco, bem como operações atreladas ao CDI+, com duration reduzida, buscando capturar o elevado patamar atual da taxa SELIC.\u003C\u002Fp>\u003Cp>A equipe de gestão segue estruturando duas novas operações indexada ao CDI+, com perspectiva de liquidação ao longo do mês de abril. Seguimos também monitorando as cotações de FII’s no mercado secundário, aguardando pontos de entrada oportunos em ativos selecionados\u003C\u002Fp>\u003Ch3>DRE Gerencial\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>DRE\u003C\u002Fth>\u003Cth>caixa\u003C\u002Fth>\u003Cth>Dezembro\u003C\u002Fth>\u003Cth>Janeiro\u003C\u002Fth>\u003Cth>Fevereiro\u003C\u002Fth>\u003Cth>Últimos 6 meses\u003C\u002Fth>\u003Cth>2026\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>(=)\u003C\u002Ftd>\u003Ctd>Receitas (R$)\u003C\u002Ftd>\u003Ctd>660.823,49\u003C\u002Ftd>\u003Ctd>663.767,85\u003C\u002Ftd>\u003Ctd>630.022,67\u003C\u002Ftd>\u003Ctd>4.192.621,37\u003C\u002Ftd>\u003Ctd>1.293.790,52\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(+)\u003C\u002Ftd>\u003Ctd>Juros\u003C\u002Ftd>\u003Ctd>510.709,95\u003C\u002Ftd>\u003Ctd>416.407,80\u003C\u002Ftd>\u003Ctd>432.662,06\u003C\u002Ftd>\u003Ctd>3.078.656,83\u003C\u002Ftd>\u003Ctd>849.069,86\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(+)\u003C\u002Ftd>\u003Ctd>Correção Monetária\u003C\u002Ftd>\u003Ctd>5.110,66\u003C\u002Ftd>\u003Ctd>7.306,86\u003C\u002Ftd>\u003Ctd>13.959,85\u003C\u002Ftd>\u003Ctd>35.619,61\u003C\u002Ftd>\u003Ctd>21.266,71\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(+)\u003C\u002Ftd>\u003Ctd>Negociação CRI\u003C\u002Ftd>\u003Ctd>52.315,72\u003C\u002Ftd>\u003Ctd>99.526,61\u003C\u002Ftd>\u003Ctd>51.975,44\u003C\u002Ftd>\u003Ctd>493.699,74\u003C\u002Ftd>\u003Ctd>151.502,05\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(+)\u003C\u002Ftd>\u003Ctd>Negociação FII\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>7.291,70\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>7.291,70\u003C\u002Ftd>\u003Ctd>7.291,70\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(+)\u003C\u002Ftd>\u003Ctd>Rendimentos de Fundo Imobiliários\u003C\u002Ftd>\u003Ctd>65.837,49\u003C\u002Ftd>\u003Ctd>71.158,17\u003C\u002Ftd>\u003Ctd>76.057,87\u003C\u002Ftd>\u003Ctd>341.111,53\u003C\u002Ftd>\u003Ctd>147.216,04\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(+)\u003C\u002Ftd>\u003Ctd>Renda Fixa\u003C\u002Ftd>\u003Ctd>26.849,67\u003C\u002Ftd>\u003Ctd>62.076,71\u003C\u002Ftd>\u003Ctd>55.367,45\u003C\u002Ftd>\u003Ctd>236.241,97\u003C\u002Ftd>\u003Ctd>117.444,16\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(-)\u003C\u002Ftd>\u003Ctd>Despesas (R$)\u003C\u002Ftd>\u003Ctd>45.936,05\u003C\u002Ftd>\u003Ctd>160.650,87\u003C\u002Ftd>\u003Ctd>59.425,14\u003C\u002Ftd>\u003Ctd>429.777,23\u003C\u002Ftd>\u003Ctd>220.076,01\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(=)\u003C\u002Ftd>\u003Ctd>Resultado (R$)\u003C\u002Ftd>\u003Ctd>614.887,44\u003C\u002Ftd>\u003Ctd>503.116,98\u003C\u002Ftd>\u003Ctd>570.597,53\u003C\u002Ftd>\u003Ctd>3.762.844,14\u003C\u002Ftd>\u003Ctd>1.073.714,51\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(=)\u003C\u002Ftd>\u003Ctd>Resultado\u002FCota\u003C\u002Ftd>\u003Ctd>0,1230\u003C\u002Ftd>\u003Ctd>0,1006\u003C\u002Ftd>\u003Ctd>0,1141\u003C\u002Ftd>\u003Ctd>0,7526\u003C\u002Ftd>\u003Ctd>0,2147\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(=)\u003C\u002Ftd>\u003Ctd>Rendimento (R$)\u003C\u002Ftd>\u003Ctd>675.000,00\u003C\u002Ftd>\u003Ctd>600.000,00\u003C\u002Ftd>\u003Ctd>600.000,00\u003C\u002Ftd>\u003Ctd>3.825.000,00\u003C\u002Ftd>\u003Ctd>1.200.000,00\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(=)\u003C\u002Ftd>\u003Ctd>Rendimento\u002FCota\u003C\u002Ftd>\u003Ctd>0,1350\u003C\u002Ftd>\u003Ctd>0,1200\u003C\u002Ftd>\u003Ctd>0,1200\u003C\u002Ftd>\u003Ctd>0,7650\u003C\u002Ftd>\u003Ctd>0,2400\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(=)\u003C\u002Ftd>\u003Ctd>Resultado Acumulado (R$)\u003C\u002Ftd>\u003Ctd>178.629,94\u003C\u002Ftd>\u003Ctd>81.746,92\u003C\u002Ftd>\u003Ctd>52.344,45\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(=)\u003C\u002Ftd>\u003Ctd>Resultado Acumulado\u002FCota\u003C\u002Ftd>\u003Ctd>0,0357\u003C\u002Ftd>\u003Ctd>0,0163\u003C\u002Ftd>\u003Ctd>0,0105\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(#)\u003C\u002Ftd>\u003Ctd>Cotas\u003C\u002Ftd>\u003Ctd>5.000.000\u003C\u002Ftd>\u003Ctd>5.000.000\u003C\u002Ftd>\u003Ctd>5.000.000\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Histórico do Fundo\u003C\u002Fh3>\u003Ch3>ÚLTIMOS RENDIMENTOS DO AFHF11\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Data base\u003C\u002Fth>\u003Cth>Cotação\u003C\u002Fth>\u003Cth>Rendimento\u003C\u002Fth>\u003Cth>DY\u003C\u002Fth>\u003Cth>Rentabilidade gross-up\u003C\u002Fth>\u003Cth>Rentabilidade gross-up CDI%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>ago\u002F25\u003C\u002Ftd>\u003Ctd>10,05\u003C\u002Ftd>\u003Ctd>0,120\u003C\u002Ftd>\u003Ctd>1,19%\u003C\u002Ftd>\u003Ctd>1,40%\u003C\u002Ftd>\u003Ctd>109,75%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>set\u002F25\u003C\u002Ftd>\u003Ctd>10,10\u003C\u002Ftd>\u003Ctd>0,130\u003C\u002Ftd>\u003Ctd>1,29%\u003C\u002Ftd>\u003Ctd>1,51%\u003C\u002Ftd>\u003Ctd>130,54%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>out\u002F25\u003C\u002Ftd>\u003Ctd>10,10\u003C\u002Ftd>\u003Ctd>0,130\u003C\u002Ftd>\u003Ctd>1,29%\u003C\u002Ftd>\u003Ctd>1,51%\u003C\u002Ftd>\u003Ctd>124,12%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>nov\u002F25\u003C\u002Ftd>\u003Ctd>10,00\u003C\u002Ftd>\u003Ctd>0,130\u003C\u002Ftd>\u003Ctd>1,30%\u003C\u002Ftd>\u003Ctd>1,53%\u003C\u002Ftd>\u003Ctd>119,49%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>dez\u002F25\u003C\u002Ftd>\u003Ctd>10,02\u003C\u002Ftd>\u003Ctd>0,130\u003C\u002Ftd>\u003Ctd>1,30%\u003C\u002Ftd>\u003Ctd>1,53%\u003C\u002Ftd>\u003Ctd>145,37%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jan\u002F26\u003C\u002Ftd>\u003Ctd>10,06\u003C\u002Ftd>\u003Ctd>0,135\u003C\u002Ftd>\u003Ctd>1,34%\u003C\u002Ftd>\u003Ctd>1,58%\u003C\u002Ftd>\u003Ctd>129,41%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>fev\u002F26\u003C\u002Ftd>\u003Ctd>10,07\u003C\u002Ftd>\u003Ctd>0,120\u003C\u002Ftd>\u003Ctd>1,19%\u003C\u002Ftd>\u003Ctd>1,40%\u003C\u002Ftd>\u003Ctd>120,86%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>mar\u002F26\u003C\u002Ftd>\u003Ctd>10,04\u003C\u002Ftd>\u003Ctd>0,120\u003C\u002Ftd>\u003Ctd>1,20%\u003C\u002Ftd>\u003Ctd>1,41%\u003C\u002Ftd>\u003Ctd>140,61%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>abr\u002F26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>mai\u002F26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jun\u002F26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jul\u002F26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Retorno desde o início\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>1,02\u003C\u002Ftd>\u003Ctd>10,55%\u003C\u002Ftd>\u003Ctd>12,41%\u003C\u002Ftd>\u003Ctd>127,13%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>HISTÓRICO DE COTISTAS\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_9_chart_5.jpg\">\u003C\u002Fp>\u003Cp>HISTÓRICO DE COTA PATRIMONIAL\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_9_chart_7.jpg\">\u003C\u002Fp>\u003Ch3>Composição da Carteira | 25\u002F03\u002F2026\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>#\u003C\u002Fth>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Devedor\u003C\u002Fth>\u003Cth>Segmento\u003C\u002Fth>\u003Cth>Tipo de risco\u003C\u002Fth>\u003Cth>Código\u003C\u002Fth>\u003Cth>Série Emissor\u003C\u002Fth>\u003Cth>Indexador\u003C\u002Fth>\u003Cth>Spread\u003C\u002Fth>\u003Cth>Duration\u003C\u002Fth>\u003Cth>Vencimento\u003C\u002Fth>\u003Cth>Risco\u003C\u002Fth>\u003Cth>%\u003C\u002Fth>\u003Cth>Valor\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>1\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>Muffato\u003C\u002Ftd>\u003Ctd>Varejo Essencial\u003C\u002Ftd>\u003Ctd>Contratual\u003C\u002Ftd>\u003Ctd>25F2703942\u003C\u002Ftd>\u003Ctd>Única Artesanal\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>2,50%\u003C\u002Ftd>\u003Ctd>5,21\u003C\u002Ftd>\u003Ctd>21\u002F06\u002F2035\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>9,70%\u003C\u002Ftd>\u003Ctd>4.937.370,56\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>Cahima - Direcional\u003C\u002Ftd>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Contratual\u003C\u002Ftd>\u003Ctd>25J2486442\u003C\u002Ftd>\u003Ctd>Sênior Opea\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>2,00%\u003C\u002Ftd>\u003Ctd>1,81\u003C\u002Ftd>\u003Ctd>20\u002F10\u002F2031\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>9,45%\u003C\u002Ftd>\u003Ctd>4.811.892,93\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>3\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>MAC\u003C\u002Ftd>\u003Ctd>Loteamento\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>24L2414794\u003C\u002Ftd>\u003Ctd>Única Leverage\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>12,00%\u003C\u002Ftd>\u003Ctd>4,85\u003C\u002Ftd>\u003Ctd>23\u002F12\u002F2036\u003C\u002Ftd>\u003Ctd>High Yield\u003C\u002Ftd>\u003Ctd>9,42%\u003C\u002Ftd>\u003Ctd>4.794.485,88\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>4\u003C\u002Ftd>\u003Ctd>FII\u003C\u002Ftd>\u003Ctd>LPLP15\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>9,42%\u003C\u002Ftd>\u003Ctd>4.793.974,53\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>5\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>Tibério\u003C\u002Ftd>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>20K0777893\u003C\u002Ftd>\u003Ctd>Única True\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>2,70%\u003C\u002Ftd>\u003Ctd>1,14\u003C\u002Ftd>\u003Ctd>27\u002F11\u002F2028\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>8,49%\u003C\u002Ftd>\u003Ctd>4.322.635,02\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>6\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>RNI\u003C\u002Ftd>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>19B0177968\u003C\u002Ftd>\u003Ctd>Única Virgo\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>1,70%\u003C\u002Ftd>\u003Ctd>1,61\u003C\u002Ftd>\u003Ctd>15\u002F02\u002F2029\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>7,10%\u003C\u002Ftd>\u003Ctd>3.615.298,88\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>7\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>TRX Mateus\u003C\u002Ftd>\u003Ctd>Varejo Essencial\u003C\u002Ftd>\u003Ctd>Contratual\u003C\u002Ftd>\u003Ctd>24K0003803\u003C\u002Ftd>\u003Ctd>BariSec Única\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,10%\u003C\u002Ftd>\u003Ctd>5,48\u003C\u002Ftd>\u003Ctd>09\u002F11\u002F2039\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>6,74%\u003C\u002Ftd>\u003Ctd>3.430.783,96\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>MRV\u003C\u002Ftd>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>22I1423539\u003C\u002Ftd>\u003Ctd>Opea Única\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,00%\u003C\u002Ftd>\u003Ctd>1,31\u003C\u002Ftd>\u003Ctd>15\u002F09\u002F2027\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>5,98%\u003C\u002Ftd>\u003Ctd>3.045.306,48\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>9\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>GARE Atacadão\u003C\u002Ftd>\u003Ctd>Varejo Essencial\u003C\u002Ftd>\u003Ctd>Contratual\u003C\u002Ftd>\u003Ctd>24K2582816 Única\u003C\u002Ftd>\u003Ctd>Virgo\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,37%\u003C\u002Ftd>\u003Ctd>4,84\u003C\u002Ftd>\u003Ctd>15\u002F12\u002F2037\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>5,64%\u003C\u002Ftd>\u003Ctd>2.873.651,36\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>10\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>VIC Engenharia\u003C\u002Ftd>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>25G5321935 Única\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>4,90%\u003C\u002Ftd>\u003Ctd>2,22\u003C\u002Ftd>\u003Ctd>22\u002F07\u002F2030\u003C\u002Ftd>\u003Ctd>High Yield\u003C\u002Ftd>\u003Ctd>4,91%\u003C\u002Ftd>\u003Ctd>2.500.999,92\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>11 CRI\u003C\u002Ftd>\u003Ctd>Grupo Comporte\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>Contratual\u003C\u002Ftd>\u003Ctd>23I1270600\u003C\u002Ftd>\u003Ctd>Única Opea\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,50%\u003C\u002Ftd>\u003Ctd>1,95\u003C\u002Ftd>\u003Ctd>18\u002F09\u002F2030\u003C\u002Ftd>\u003Ctd>High Yield\u003C\u002Ftd>\u003Ctd>4,51%\u003C\u002Ftd>\u003Ctd>2.296.678,59\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>12 CRI\u003C\u002Ftd>\u003Ctd>MRV\u003C\u002Ftd>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>22L1198359 Única\u003C\u002Ftd>\u003Ctd>True\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,00%\u003C\u002Ftd>\u003Ctd>1,51\u003C\u002Ftd>\u003Ctd>20\u002F12\u002F2027\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>4,40%\u003C\u002Ftd>\u003Ctd>2.238.845,73\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>13\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>MRV\u003C\u002Ftd>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Única 22L1198360\u003C\u002Ftd>\u003Ctd>True\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,00%\u003C\u002Ftd>\u003Ctd>1,51\u003C\u002Ftd>\u003Ctd>20\u002F12\u002F2027\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>4,40%\u003C\u002Ftd>\u003Ctd>2.238.845,73\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>14 CRI\u003C\u002Ftd>\u003Ctd>Creditas\u003C\u002Ftd>\u003Ctd>Home Equity\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>20J0837185 Sênior\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>11,64%\u003C\u002Ftd>\u003Ctd>4,98\u003C\u002Ftd>\u003Ctd>15\u002F10\u002F2040\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>3,00%\u003C\u002Ftd>\u003Ctd>1.526.460,25\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>15\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>TRX Assaí\u003C\u002Ftd>\u003Ctd>Varejo Essencial\u003C\u002Ftd>\u003Ctd>Contratual\u003C\u002Ftd>\u003Ctd>20E0031084 Única\u003C\u002Ftd>\u003Ctd>BariSec\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,14%\u003C\u002Ftd>\u003Ctd>3,95\u003C\u002Ftd>\u003Ctd>10\u002F05\u002F2035\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>2,82%\u003C\u002Ftd>\u003Ctd>1.437.772,37\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>16 CRI\u003C\u002Ftd>\u003Ctd>Embraed\u003C\u002Ftd>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>23E1295288 Única\u003C\u002Ftd>\u003Ctd>Canal\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,50%\u003C\u002Ftd>\u003Ctd>0,98\u003C\u002Ftd>\u003Ctd>22\u002F05\u002F2028\u003C\u002Ftd>\u003Ctd>High Yield\u003C\u002Ftd>\u003Ctd>1,37%\u003C\u002Ftd>\u003Ctd>697.357,38\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>17\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>CashMe II\u003C\u002Ftd>\u003Ctd>Home Equity\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>24A1781654 Sênior\u003C\u002Ftd>\u003Ctd>Provincia\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>10,20%\u003C\u002Ftd>\u003Ctd>2,12\u003C\u002Ftd>\u003Ctd>15\u002F01\u002F2031\u003C\u002Ftd>\u003Ctd>High Grade\u003C\u002Ftd>\u003Ctd>0,68%\u003C\u002Ftd>\u003Ctd>348.634,83\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>18 FII\u003C\u002Ftd>\u003Ctd>FlI 1\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,32%\u003C\u002Ftd>\u003Ctd>164.600,00\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>19\u003C\u002Ftd>\u003Ctd>FII\u003C\u002Ftd>\u003Ctd>FII 2\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>0,09%\u003C\u002Ftd>\u003Ctd>43.400,00\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Caixa\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Daycoval\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>1,56%\u003C\u002Ftd>\u003Ctd>793.739,06\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Alocação do Fundo\u003C\u002Fh3>\u003Ch3>RESUMO DA CARTEIRA\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>% Alocado\u003C\u002Fth>\u003Cth>Indexador\u003C\u002Fth>\u003Cth>Taxa média\u003C\u002Fth>\u003Cth>Durationmédia\u003C\u002Fth>\u003Cth>Spreadtesouro\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>60,31%\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>2,77%\u003C\u002Ftd>\u003Ctd>2,17\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>28,31%\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>10,42%\u003C\u002Ftd>\u003Ctd>4,86\u003C\u002Ftd>\u003Ctd>247 bps\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>FII\u003C\u002Ftd>\u003Ctd>9,82%\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Caixa\u003C\u002Ftd>\u003Ctd>1,56%\u003C\u002Ftd>\u003Ctd>%CDI\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>MOVIMENTAÇÕES DO MÊS\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Operação\u003C\u002Fth>\u003Cth>#\u003C\u002Fth>\u003Cth>Data\u003C\u002Fth>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Indexador\u003C\u002Fth>\u003Cth>Taxa\u003C\u002Fth>\u003Cth>Quantidade\u003C\u002Fth>\u003Cth>PU\u003C\u002Fth>\u003Cth>Financeiro\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Compra\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>26\u002F02\u002F2026\u003C\u002Ftd>\u003Ctd>MAC\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>12,00%\u003C\u002Ftd>\u003Ctd>4.600\u003C\u002Ftd>\u003Ctd>1.044,44\u003C\u002Ftd>\u003Ctd>R$ 4.804.444,67\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Compra\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>09\u002F03\u002F2026\u003C\u002Ftd>\u003Ctd>TRX Mateus\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,20%\u003C\u002Ftd>\u003Ctd>50\u003C\u002Ftd>\u003Ctd>899,97\u003C\u002Ftd>\u003Ctd>R$ 44.998,72\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Compra\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>18\u002F03\u002F2026\u003C\u002Ftd>\u003Ctd>MRV II\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,00%\u003C\u002Ftd>\u003Ctd>7.500\u003C\u002Ftd>\u003Ctd>310,56\u003C\u002Ftd>\u003Ctd>R$ 2.329.206,47\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Compra\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>18\u002F03\u002F2026\u003C\u002Ftd>\u003Ctd>MRV II\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,00%\u003C\u002Ftd>\u003Ctd>7.500\u003C\u002Ftd>\u003Ctd>310,56\u003C\u002Ftd>\u003Ctd>R$ 2.329.206,57\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Compra\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>18\u002F03\u002F2026\u003C\u002Ftd>\u003Ctd>TRX Assaí\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,59%\u003C\u002Ftd>\u003Ctd>47\u003C\u002Ftd>\u003Ctd>394,28\u003C\u002Ftd>\u003Ctd>R$ 18.531,25\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Compra\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>20\u002F03\u002F2026\u003C\u002Ftd>\u003Ctd>TRX Assaí\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,60%\u003C\u002Ftd>\u003Ctd>1\u003C\u002Ftd>\u003Ctd>394,42\u003C\u002Ftd>\u003Ctd>R$ 394,42\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Compra\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>25\u002F03\u002F2026\u003C\u002Ftd>\u003Ctd>TRX Assaí\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,20%\u003C\u002Ftd>\u003Ctd>2.000\u003C\u002Ftd>\u003Ctd>400,97\u003C\u002Ftd>\u003Ctd>R$ 801.945,79\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Compra\u003C\u002Ftd>\u003Ctd>CRI\u003C\u002Ftd>\u003Ctd>25\u002F03\u002F2026\u003C\u002Ftd>\u003Ctd>TRX Assaí\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,05%\u003C\u002Ftd>\u003Ctd>1.529\u003C\u002Ftd>\u003Ctd>403,20\u003C\u002Ftd>\u003Ctd>R$ 616.497,15\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Alocação do Fundo\u003C\u002Fh3>\u003Cp>POR INDEXADOR\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_12_chart_3.jpg\">\u003C\u002Fp>\u003Cp>POR INSTRUMENTO\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_12_chart_5.jpg\">\u003C\u002Fp>\u003Cp>POR TIPO DE RISCO\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_12_chart_7.jpg\">\u003C\u002Fp>\u003Cp>POR RISCO\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_12_chart_9.jpg\">\u003C\u002Fp>\u003Ch3>Alocação do Fundo\u003C\u002Fh3>\u003Cp>POR SEGMENTO\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_13_chart_3.jpg\">\u003C\u002Fp>\u003Cp>POR SECURITIZADORA\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_13_chart_5.jpg\">\u003C\u002Fp>\u003Cp>POR SÉRIE\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_13_chart_7.jpg\">\u003C\u002Fp>\u003Ch3>Operações Adquiridas\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_14_image_2.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_14_image_3.jpg\">\u003C\u002Fp>\u003Ch3>AMAC EMPREENDIMENTOS\u003C\u002Fh3>\u003Ch3>MAC\u003C\u002Fh3>\u003Ch3>1ª Série da 27ª Emissão da Leverage\u003C\u002Fh3>\u003Cp>O fundo adquiriu \u003Cstrong>R$ 4.804.444,67\u003C\u002Fstrong> à taxa de IPCA + 12,00% a.a.\u003C\u002Fp>\u003Ch3>HighYield\u003C\u002Fh3>\u003Ch3>Garantiasda Operação:\u003C\u002Fh3>\u003Ch3>TipodeRisco:Pulverizado.\u003C\u002Fh3>\u003Cp>Cessão fiduciária dos recebíveis presentes e futuros do empreendimento Joanes Parque;\u003C\u002Fp>\u003Cp>Alienação Fiduciária das Cotas da SPE desenvolvedora do empreendimento;\u003C\u002Fp>\u003Cp>Fiança da Mac Empreendimentos Imobiliários, das holdings dos sócios e das pessoas físicas;\u003C\u002Fp>\u003Cp>- Fundo de reserva equivalente a 3 parcelas de juros; e\u003C\u002Fp>\u003Cp>Fundo de despesas no valor inicial de R$150.000,00.\u003C\u002Fp>\u003Ch3>TRX Assaí\u003C\u002Fh3>\u003Ch3>1ª Série da 79ª Emissão da Bari\u003C\u002Fh3>\u003Cp>O fundo adquiriu \u003Cstrong>R$ 1.437.368,61\u003C\u002Fstrong> à taxa de IPCA + 9,14% a.a.\u003C\u002Fp>\u003Ch3>HighGrade\u003C\u002Fh3>\u003Ch3>Tipode Risco:Contratual.\u003C\u002Fh3>\u003Ch3>Garantiasda Operação:\u003C\u002Fh3>\u003Cp>Alienação fiduciária de três imóveis locados para o Assaí, localizados em Paulo Afonso\u002FBA, Dourados\u002FMS, Bauru\u002FSP e um imóvel locado para o GPA, em Teresina\u002FPI;\u003C\u002Fp>\u003Cp>Alienação fiduciária de quotas da TR2, empresa detida pelo TRX REAL ESTATE – TRXF11;\u003C\u002Fp>\u003Cp>Fiança locatícia (garantia do lastro);\u003C\u002Fp>\u003Cp>Fundo de reserva no valor inicial de R$1.166.693,99; e\u003C\u002Fp>\u003Cp>- Fundo de despesas no valor inicial de R$1.022.177,40.\u003C\u002Fp>\u003Ch3>Operações Adquiridas\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_15_image_2.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F7791\u002Fpage_15_image_3.jpg\">\u003C\u002Fp>\u003Ch3>MRV\u003C\u002Fh3>\u003Ch3>MRV\u003C\u002Fh3>\u003Ch3>1ª Série da 108ª Emissão da True\u003C\u002Fh3>\u003Cp>O fundo adquiriu \u003Cstrong>R$ 2.329.206,47\u003C\u002Fstrong> à taxa de CDI + 3,00% a.a.\u003C\u002Fp>\u003Ch3>HighGrade\u003C\u002Fh3>\u003Ch3>TipodeRisco:Pulverizado.\u003C\u002Fh3>\u003Ch3>Garantiasda Operação:\u003C\u002Fh3>\u003Cp>Recebíveis decorrentes da venda das unidades residenciais (lastro);\u003C\u002Fp>\u003Cp>Seguro contratado para eventual necessidade de pagamento dos CRI’s, em caso de insuficiência dos recebíveis cedidos;\u003C\u002Fp>\u003Cp>- Fundo de reserva com obrigação da MRV de recomposição; e\u003C\u002Fp>\u003Cp>Fundo de Despesas.\u003C\u002Fp>\u003Ch3>MRV\u003C\u002Fh3>\u003Ch3>MRV\u003C\u002Fh3>\u003Ch3>2 Série da 108ª Emissão da True\u003C\u002Fh3>\u003Cp>O fundo adquiriu \u003Cstrong>R$ 2.329.206,57\u003C\u002Fstrong> à taxa de CDI + 3,00% a.a.\u003C\u002Fp>\u003Ch3>TipodeRisco:Pulverizado.\u003C\u002Fh3>\u003Ch3>Garantiasda Operação:\u003C\u002Fh3>\u003Cp>Recebíveis decorrentes da venda das unidades residenciais (lastro);\u003C\u002Fp>\u003Cp>Seguro contratado para eventual necessidade de pagamento dos CRI’s, em caso de insuficiência dos recebíveis cedidos;\u003C\u002Fp>\u003Cp>- Fundo de reserva com obrigação da MRV de recomposição; e\u003C\u002Fp>\u003Cp>- Fundo de Despesas.\u003C\u002Fp>\u003Ch3>Alto Desempenho, Alinhamento e Segurança\u003C\u002Fh3>\u003Cp>Fundada em 2006, a AF Invest é a maior gestora de recursos independente de Minas Gerais. Dedicada a investimentos em crédito privado e renda variável no mercado de Wealth e Asset Management. Possui especializado e sólido time de análise e gestão, com rígido compliance e controle de riscos.\u003C\u002Fp>\u003Ch3>SÃO PAULO\u003C\u002Fh3>\u003Cp>RUA TABAPUA 1123, CONJ 94\u003C\u002Fp>\u003Cp>EDIFÍCIO SPAZIO DEL SOLE\u003C\u002Fp>\u003Cp>ITAIM BIBI, SÃO PAULO, SP\u003C\u002Fp>\u003Cp>04.533-014\u003C\u002Fp>\u003Cp>FAX: + 55 (16)3620-8786\u003C\u002Fp>\u003Ch3>BELO HORIZONTE\u003C\u002Fh3>\u003Cp>TEL: + 55 (11) 3078-7314\u003C\u002Fp>\u003Cp>RUA SERGIPE, 1440, 6º ANDAR\u003C\u002Fp>\u003Cp>SAVASSI, BELO HORIZONTE, MG\u003C\u002Fp>\u003Cp>30130-174\u003C\u002Fp>\u003Cp>TEL: + 55 (31)2103-6000\u003C\u002Fp>\u003Cp>FAX: + 55 (31)2103-6001\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FAFHF11\u002Fdocumentos\u002F7791\u002Fpdf","2026-02-27","2026-03-27 20:10:00"]