[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"documento:RPRI11:1667":3,"fii-documento:RPRI11":16,"seo:\u002Fdetalhes\u002FRPRI11\u002Fdocumentos\u002F1667":228},{"id":4,"descricao":5,"assunto":6,"tipo":7,"situacao":8,"texto":9,"link_pdf":10,"estruturado":11,"link_original":12,"data_referencia":13,"data_entrega":14,"versao":15},1667,"(RPRI) Relatório Gerencial - 31\u002F07\u002F2026","Relatório Gerencial","Relatórios","(Ativo)","\u003Ch3>Relatório Gerencial\u003C\u002Fh3>\u003Ch3>RPRI 1 RBR Premium Recebíveis\u003C\u002Fh3>\u003Ch3>Informações Gerais RPRI11\u003C\u002Fh3>\u003Ch3>Objetivo do Fundo\u003C\u002Fh3>\u003Cp>O Fundo tem por objeto o investimento em empreendimentos imobiliários na forma prevista na regulamentação aplicável, preponderantemente através da aquisição de CRI, Debêntures, cotas de FIDC, LIG, LCI, LH e cotas de FII. O Fundo visa proporcionar a seus Cotistas uma rentabilidade alvo que busque acompanhar, no longo prazo, os títulos do tesouro nacional, acrescido de spread de 2,00% a 4,00% ao ano.\u003C\u002Fp>\u003Ch3>Para mais informações , clique aqui e acesse o Regulamento do Fundo\u003C\u002Fh3>\u003Ch3>Início das Atividades\u003C\u002Fh3>\u003Cul>\u003Cli>Abril 2021 Patria Investimentos Ltda.\u003C\u002Fli>\u003Cli>Código de Negociação Administrador e Escriturador\u003C\u002Fli>\u003Cli>RPRI11 INTRAG DTVM LTDA\u003C\u002Fli>\u003Cli>CNPJ Taxa de Administração Total\u003C\u002Fli>\u003Cli>42.502.842\u002F0001-91 1,6% a.a.\u003C\u002Fli>\u003Cli>Cotas Emitidas Público Alvo\u003C\u002Fli>\u003Cli>3.471.728 Investidores em geral\u003C\u002Fli>\u003Cli>Prazo Tipo Anbima\u003C\u002Fli>\u003Cli>Indeterminado Papel Gestão Ativa, Multicategoria\u003C\u002Fli>\u003C\u002Ful>\u003Ch3>Gestor\u003C\u002Fh3>\u003Cp>\u003Cstrong>realestate\u003C\u002Fstrong>.patria.com\u003C\u002Fp>\u003Ch3>Resumo do Cenário de FIIs\u003C\u002Fh3>\u003Ch3>PATRIA\u003C\u002Fh3>\u003Ch3>Performance Setorial do IFIX *\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>Valor de\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Nº de\u003C\u002Ftd>\u003Ctd>Mercado\u003C\u002Ftd>\u003Ctd>P\u002FVP*\u003C\u002Ftd>\u003Ctd>Variação\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Fundos\u003C\u002Ftd>\u003Ctd>(R$ MM)*\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>Mês\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>106\u003C\u002Ftd>\u003Ctd>153.952\u003C\u002Ftd>\u003Ctd>0,90\u003C\u002Ftd>\u003Ctd>-0,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX - Office\u003C\u002Ftd>\u003Ctd>15\u003C\u002Ftd>\u003Ctd>15.260\u003C\u002Ftd>\u003Ctd>0,75\u003C\u002Ftd>\u003Ctd>-0,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX - Logística\u003C\u002Ftd>\u003Ctd>13\u003C\u002Ftd>\u003Ctd>32.173\u003C\u002Ftd>\u003Ctd>0,90\u003C\u002Ftd>\u003Ctd>-0,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX - Shopping\u003C\u002Ftd>\u003Ctd>9\u003C\u002Ftd>\u003Ctd>19.515\u003C\u002Ftd>\u003Ctd>0,88\u003C\u002Ftd>\u003Ctd>-0,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX - CRIs\u003C\u002Ftd>\u003Ctd>38\u003C\u002Ftd>\u003Ctd>53.994\u003C\u002Ftd>\u003Ctd>0,96\u003C\u002Ftd>\u003Ctd>-0,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX - FOFs\u003C\u002Ftd>\u003Ctd>20\u003C\u002Ftd>\u003Ctd>16.054\u003C\u002Ftd>\u003Ctd>0,86\u003C\u002Ftd>\u003Ctd>-0,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX - Renda Urbana\u003C\u002Ftd>\u003Ctd>4\u003C\u002Ftd>\u003Ctd>11.548\u003C\u002Ftd>\u003Ctd>0,94\u003C\u002Ftd>\u003Ctd>-0,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX - Outros\u003C\u002Ftd>\u003Ctd>7\u003C\u002Ftd>\u003Ctd>5.408\u003C\u002Ftd>\u003Ctd>0,79\u003C\u002Ftd>\u003Ctd>-1,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Performance Setorial Ponderada do IFIX *\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_2_chart_5.jpg\">\u003C\u002Fp>\u003Ch3>PANORAMA DE JULHO\u002F26:\u003C\u002Fh3>\u003Cp>Em julho, os \u003Cstrong>fundos imobiliários recuaram pelo terceiro mês consecutivo\u003C\u002Fstrong>. O IFIX \u003Cstrong>caiu 0,31%, acumulando alta de 1,1% no ano\u003C\u002Fstrong>. Entre os principais fatores que pressionaram os ativos de risco em Julho, destacam-se o conflito no oriente médio e o aumento de volatilidade provocada pela agenda política local.\u003C\u002Fp>\u003Cp>No cenário externo, a \u003Cstrong>retomada das hostilidades\u003C\u002Fstrong> devolveu prêmio de risco ao petróleo, que voltou a ser negociado em torno de US$ 84\u002Fbarril. Na direção oposta, a segunda reunião do Federal Reserve sob o comando de Kevin Warsh surpreendeu parte do mercado ao \u003Cstrong>manter a taxa básica estável\u003C\u002Fstrong>, provocando reprecificação da curva de juros americana.\u003C\u002Fp>\u003Cp>No Brasil, o \u003Cstrong>Copom cortou a Selic em 25 bps na reunião de julho\u003C\u002Fstrong>, acumulando 100 bps de flexibilização no ciclo. O comitê destacou a desancoragem das expectativas e manteve na mesa tanto um novo corte quanto uma pausa na próxima reunião. As expectativas para 2026 apuradas pelo Relatório Focus seguem em 5,03%, acima do teto da meta de 4,5%, e o IPCA acumulado em 12 meses atingiu 4,64%\u003C\u002Fp>\u003Cp>\u003Cstrong>As quedas foram generalizadas entre os setores\u003C\u002Fstrong> em um movimento amplo de reprecificação, mais ligado à taxa de desconto do que a fundamentos setoriais. Entre os fundos de tijolo, Logística (-0,2%), Shoppings (-0,3%) e Office (-0,3%) contribuíram com aproximadamente -0,1% cada, enquanto Renda Urbana (-0,9%) e \"Outros\" (- 1,0%) apresentaram as maiores quedas em retorno. Entre os fundos de papel, CRIs (-0,0%) e FoFs (-0,8%) tiveram contribuição marginal. O IFIX encerrou o mês negociado a 0,90x o valor patrimonial, desconto adicional em relação ao mês anterior, com volume médio diário acima de R$ 332 milhões. Dada a proximidade das eleições, a trajetória da política fiscal e a contínua desancoragem da inflação passam a ser os principais riscos de curto prazo.\u003C\u002Fp>\u003Ch3>Resumo RPRI11\u003C\u002Fh3>\u003Cp>\u003Cstrong>Patrimônio Líquido *\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 345,0 milhões\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 99,39\u002Fcota\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_3_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Volume Médio Diário Negociado no Mês\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ 0,7 milhão\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_3_image_7.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Rendimento\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ 0,00\u002Fcota\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_3_image_10.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Reserva Acumulada\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>R$ (0,07)\u002Fcota\u003C\u002Fp>\u003Ch3>PATRIA\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_3_image_14.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>Número de Cotistas\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>4.588\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>Yield\u003C\u002Fth>\u003Cth>IPCA\u003C\u002Fth>\u003Cth>Yield\u003C\u002Fth>\u003Cth>Prazo Médio\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>CRI + Op. Estrut.\u003C\u002Ftd>\u003Ctd>% PL94,8%\u003C\u002Ftd>\u003Ctd>Nominal16,8%\u003C\u002Ftd>\u003Ctd>Ref.5,2%\u003C\u002Ftd>\u003Ctd>(IPCA +)11,0%\u003C\u002Ftd>\u003Ctd>(Anos)3,3\u003C\u002Ftd>\u003Ctd>Spread2,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Caixa\u003C\u002Ftd>\u003Ctd>5,2%\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003Ctd>4,2%\u003C\u002Ftd>\u003Ctd>6,5%\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Portfólio\u003C\u002Ftd>\u003Ctd>100,0%\u003C\u002Ftd>\u003Ctd>16,5%\u003C\u002Ftd>\u003Ctd>5,1%\u003C\u002Ftd>\u003Ctd>10,8%\u003C\u002Ftd>\u003Ctd>3,1\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Tabela de Sensibilidade¹\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>Yield portfolio\u003C\u002Fth>\u003Cth>Yield ( -) custos\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Preço mercado\u003C\u002Ftd>\u003Ctd>(IPCA +)\u003C\u002Ftd>\u003Ctd>(IPCA +)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>84,24\u003C\u002Ftd>\u003Ctd>12,8%\u003C\u002Ftd>\u003Ctd>11,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>81,74\u003C\u002Ftd>\u003Ctd>13,1%\u003C\u002Ftd>\u003Ctd>11,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>79,24\u003C\u002Ftd>\u003Ctd>13,6%\u003C\u002Ftd>\u003Ctd>12,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>76,74\u003C\u002Ftd>\u003Ctd>14,0%\u003C\u002Ftd>\u003Ctd>12,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>74,24\u003C\u002Ftd>\u003Ctd>14,5%\u003C\u002Ftd>\u003Ctd>12,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>71,74\u003C\u002Ftd>\u003Ctd>15,0%\u003C\u002Ftd>\u003Ctd>13,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>69,24\u003C\u002Ftd>\u003Ctd>15,5%\u003C\u002Ftd>\u003Ctd>13,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Comentários da Gestão (1\u002F3)\u003C\u002Fh3>\u003Cp>Destacamos abaixo as principais atualizações do Fundo no mês:\u003C\u002Fp>\u003Ch3>RESULTADO & RENDIMENTOS DISTRIBUÍDOS:\u003C\u002Fh3>\u003Cp>Em julho, o Fundo apresentou um \u003Cstrong>resultado distribuível negativo de R$ 0,56\u002Fcota\u003C\u002Fstrong>, impactado principalmente pela remarcação do CRI Tarjab Altino, descrita a seguir. Conforme divulgado em Comunicado ao Mercado em 3 de agosto (clique aqui), o CRI Tarjab Altino, listado em watchlist, foi reprecificado em função da deterioração observada na evolução física da obra, do aumento dos custos de construção a incorrer e da revisão dos valores de venda das unidades, com base em estudo técnico elaborado por terceiro independente. Como resultado, foi reconhecida, pelo administrador, provisão para perda equivalente a 25% do valor de curva do CRI, no montante aproximado de R$ 5,9 milhões para o Fundo, o correspondente a cerca de R$ 1,70\u002Fcota, que resultou em resultado distribuível negativo no mês de R$ 0,56\u002Fcota. Adicionalmente, durante o mês, foi realizada \u003Cstrong>reconciliação da reserva acumulada\u003C\u002Fstrong>, detalhada adiante, de forma que o \u003Cstrong>saldo de reserva acumulada não foi suficiente para cobrir o resultado distribuível negativo do mês\u003C\u002Fstrong>, resultando, portanto, na \u003Cstrong>não distribuição de rendimentos referente à competência de julho de 2026\u003C\u002Fstrong>. Destacamos, entretanto, que se trata de evento pontual. Assim, o \u003Cstrong>Fundo retomará a distribuição de rendimentos na competência de agosto de 2026.\u003C\u002Fstrong> A gestão irá buscar linearizar os rendimentos de forma a refletir o patamar total de rendimentos distribuidos nos últimos 12 meses, mesmo considerando o impacto da não distribuição – \u003Cstrong>em linha com o DY LTM da competência de junho –\u003C\u002Fstrong> com o objetivo de minimizar os efeitos para os cotistas.\u003C\u002Fp>\u003Ch3>RESUMO DA CARTEIRA:\u003C\u002Fh3>\u003Cp>Encerramos o mês com 94,8% do patrimônio líquido alocado em CRIs e Operações Estruturadas com uma rentabilidade média ponderada de 16,8% a.a. (IPCA+ 11,0% a.a.), prazo médio de 3,3 anos e spread médio de 2,6% a.a. Em 31\u002Fjul, o Fundo não contava com nenhum tipo de alavancagem. A carteira conta com 32 CRIs e 2 Operações Estruturadas, sendo 93% da carteira indexada ao IPCA (IPCA + 11,0% a.a.) e 7% indexados ao CDI (CDI + 3,3% a.a.). O aumento da representatividade do CDI é resultado da repactuação do CRI Paes & Gregori Itaim, cuja remuneração foi alterada de IPCA + 9,8% a.a. para CDI + 3,5% a.a. em função de renegociação visando o alongamento da operação (vencimento alterado de jun\u002F26 para jun\u002F28) e tendo em vista a conclusão das obras, bem como a alteração do risco inerente, caracterizado atualmente como risco de estoque. Além disso, foi negociado recebimento de prêmio correspondente a 0,50% sobre o saldo devedor, gerando resultado extraordinário de R$ 0,02\u002Fcota no mês de julho de 2026.\u003C\u002Fp>\u003Ch3>Comentários da Gestão (2\u002F3)\u003C\u002Fh3>\u003Ch3>RECONCILIAÇÃO DA RESERVA:\u003C\u002Fh3>\u003Cp>Neste mês, em discussões com o administrador do Fundo, foi realizada uma revisão da metodologia utilizada para o cálculo da reserva acumulada, uma vez que a Reserva Contábil apresentada anteriormente considera os ajustes a valor de mercado (MTM) dos Fundos Imobiliários (FIIs) na composição do saldo final da reserva, enquanto a Reserva Competência desconsidera esse efeito. Como resultado do alinhamento entre as partes, concluiu-se que o \u003Cstrong>tratamento adotado pelo administrador considera o menor valor entre ambas as reservas, neste caso a Reserva Competência\u003C\u002Fstrong>, que exclui os impactos da marcação a mercado desses ativos. Dessa forma, com o objetivo de manter a transparência junto aos cotistas, apresentamos abaixo a tabela contendo as devidas conciliações contábeis que fundamentam esta metodologia de apuração e o correspondente saldo de reserva de resultado acumulado, desde janeiro de 2026, data em que o Patria assumiu a gestão do Fundo.\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>jan-26\u003C\u002Fth>\u003Cth>fev-26\u003C\u002Fth>\u003Cth>mar-26\u003C\u002Fth>\u003Cth>abr-26\u003C\u002Fth>\u003Cth>mai-26\u003C\u002Fth>\u003Cth>jun-26\u003C\u002Fth>\u003Cth>jul-26\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Reserva Competência - Início do Período\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>986.644\u003C\u002Ftd>\u003Ctd>1.105.102\u003C\u002Ftd>\u003Ctd>2.160.389\u003C\u002Ftd>\u003Ctd>3.273.556\u003C\u002Ftd>\u003Ctd>2.527.001\u003C\u002Ftd>\u003Ctd>1.710.223\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(+) Resultado Distribuível\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>3.104.144\u003C\u002Ftd>\u003Ctd>4.179.842\u003C\u002Ftd>\u003Ctd>4.237.723\u003C\u002Ftd>\u003Ctd>2.378.003\u003C\u002Ftd>\u003Ctd>4.043.642\u003C\u002Ftd>\u003Ctd>(1.940.268)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(-) Resultado Distribuído\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>(2.985.686)\u003C\u002Ftd>\u003Ctd>(3.124.555)\u003C\u002Ftd>\u003Ctd>(3.124.555)\u003C\u002Ftd>\u003Ctd>(3.124.555)\u003C\u002Ftd>\u003Ctd>(4.860.419)\u003C\u002Ftd>\u003Ctd>0\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Reserva Competência - Final do Período\u003C\u002Ftd>\u003Ctd>986.644\u003C\u002Ftd>\u003Ctd>1.105.102\u003C\u002Ftd>\u003Ctd>2.160.389\u003C\u002Ftd>\u003Ctd>3.273.556\u003C\u002Ftd>\u003Ctd>2.527.001\u003C\u002Ftd>\u003Ctd>1.710.223\u003C\u002Ftd>\u003Ctd>(230.045)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(adotada após revisão de metodologia)\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(+) Variação MTM - FIIs\u003C\u002Ftd>\u003Ctd>1.129.721\u003C\u002Ftd>\u003Ctd>1.842.184\u003C\u002Ftd>\u003Ctd>2.006.173\u003C\u002Ftd>\u003Ctd>2.146.044\u003C\u002Ftd>\u003Ctd>2.534.442\u003C\u002Ftd>\u003Ctd>2.581.469\u003C\u002Ftd>\u003Ctd>2.852.200\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jan-26\u003C\u002Ftd>\u003Ctd>1.129.721\u003C\u002Ftd>\u003Ctd>1.129.721\u003C\u002Ftd>\u003Ctd>1.129.721\u003C\u002Ftd>\u003Ctd>1.129.721\u003C\u002Ftd>\u003Ctd>1.129.721\u003C\u002Ftd>\u003Ctd>1.129.721\u003C\u002Ftd>\u003Ctd>1.129.721\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>fev-26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>712.463\u003C\u002Ftd>\u003Ctd>712.463\u003C\u002Ftd>\u003Ctd>712.463\u003C\u002Ftd>\u003Ctd>712.463\u003C\u002Ftd>\u003Ctd>712.463\u003C\u002Ftd>\u003Ctd>712.463\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>mar-26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>163.989\u003C\u002Ftd>\u003Ctd>163.989\u003C\u002Ftd>\u003Ctd>163.989\u003C\u002Ftd>\u003Ctd>163.989\u003C\u002Ftd>\u003Ctd>163.989\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>abr-26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>139.872\u003C\u002Ftd>\u003Ctd>139.872\u003C\u002Ftd>\u003Ctd>139.872\u003C\u002Ftd>\u003Ctd>139.872\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>mai-26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>388.398\u003C\u002Ftd>\u003Ctd>388.398\u003C\u002Ftd>\u003Ctd>388.398\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jun-26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>47.027\u003C\u002Ftd>\u003Ctd>47.027\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>jul-26\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>270.731\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Reserva Contábil (anteriormente apresentada)\u003C\u002Ftd>\u003Ctd>2.116.365\u003C\u002Ftd>\u003Ctd>2.947.286\u003C\u002Ftd>\u003Ctd>4.166.561\u003C\u002Ftd>\u003Ctd>5.419.601\u003C\u002Ftd>\u003Ctd>5.061.443\u003C\u002Ftd>\u003Ctd>4.291.692\u003C\u002Ftd>\u003Ctd>2.622.155\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Em decorrência dessa conciliação contábil, e em linha com os impactos já comunicados ao mercado (clique aqui) em 03 de agosto de 2026, a distribuição de rendimentos referente à competência de julho não ocorreu neste ciclo.\u003C\u002Fp>\u003Cp>Cabe destacar que os demais fundos sob gestão do Patria adotam, por padrão, a exclusão dos efeitos de marcação a mercado na apuração das reservas distribuíveis.\u003C\u002Fp>\u003Ch3>Comentários da Gestão (3 \u002F3 )\u003C\u002Fh3>\u003Ch3>MOVIMENTAÇÕES DA CARTEIRA:\u003C\u002Fh3>\u003Cp>Durante o mês, foi realizada a operação de \u003Cstrong>aumento\u003C\u002Fstrong> de exposição de R$ 880 mil no \u003Cstrong>CRI Pulverizado MK IPCA II\u003C\u002Fstrong>, à taxa de IPCA + 10,50% a.a.\u003C\u002Fp>\u003Ch3>WATCHLIST:\u003C\u002Fh3>\u003Cp>Neste mês, não foram adicionados novos CRIs ao Watchlist, \u003Cu>clique aqui\u003C\u002Fu> para acessar. Conforme detalhado no slide anterior, houve remarcação do CRI Tarjab Altino; para mais informações, acesse o comunicado na íntegra (clique aqui). Vale ressaltar que os CRIs do watchlist podem, eventualmente, sofrer remarcação a critério do administrador.\u003C\u002Fp>\u003Ch3>VISÃO ESTRATÉGICA FUNDOS HIGH GRADE IPCA+\u003C\u002Fh3>\u003Cp>\u003Cstrong>Concluímos as medidas prévias necessárias para início o processo de consolidação\u003C\u002Fstrong> dos fundos de crédito imobiliário high grade sob gestão do Patria — PCIP, VCJR, RBRR e RPRI – que compartilham características semelhantes como alocação em CRIs high grade indexados ao IPCA, garantias imobiliárias robustas e portfólios diversificados. Essa convergência estratégica cria um ambiente favorável para um potencial movimento de consolidação entre os fundos, com benefícios relevantes aos investidores, incluindo maior diluição de riscos, ganhos de escala, aumento de liquidez e otimização de custos, contribuindo para a formação de um \u003Cstrong>fundo mais robusto e bem posicionado\u003C\u002Fstrong>.\u003C\u002Fp>\u003Cp>No âmbito desse processo, nos meses de maio, junho e julho, foram reconhecidas \u003Cstrong>provisões para perdas pontuais\u003C\u002Fstrong> em determinadas posições das carteiras, bem como realizados ajustes nos spreads de risco de alguns ativos, sempre \u003Cstrong>em alinhamento com os respectivos administradores\u003C\u002Fstrong>. Essas medidas refletem as melhores práticas de gestão e monitoramento de crédito adotadas pela Gestão, com o objetivo de \u003Cstrong>assegurar que os portfólios reflitam, de forma mais precisa e transparente, o valor econômico dos ativos\u003C\u002Fstrong>. Adicionalmente, tais ajustes contribuem para que o \u003Cstrong>processo de consolidação ocorra com bases patrimoniais mais aderentes à realidade das carteiras, em benefício de todos os cotistas\u003C\u002Fstrong>. Reforça-se que qualquer consolidação permanece \u003Cstrong>condicionada à aprovação em Assembleia Geral de cada fundo\u003C\u002Fstrong>.\u003C\u002Fp>\u003Cp>Com os ajustes devidamente refletidos, a Gestão entende que as carteiras dos fundos passam a representar, de forma adequada, seus respectivos valores e riscos. Nesse contexto, \u003Cstrong>foram convocadas, no dia 21 de agosto, as Assembleias Gerais Extraordinárias\u003C\u002Fstrong> necessárias para deliberar sobre a consolidação.\u003C\u002Fp>\u003Ch3>Performance\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_7_chart_1.jpg\">\u003C\u002Fp>\u003Ch3>PATRIA\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd rowspan=\"2\">Ativo\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Mês\u003C\u002Ftd>\u003Ctd rowspan=\"2\">2026\u003C\u002Ftd>\u003Ctd colspan=\"2\">Desde o início\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>(Acumulado)\u003C\u002Ftd>\u003Ctd>Desde o início (a.a.)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RPRI111\u003C\u002Ftd>\u003Ctd>-1,1%\u003C\u002Ftd>\u003Ctd>-2,2%\u003C\u002Ftd>\u003Ctd>32,1%\u003C\u002Ftd>\u003Ctd>7,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IFIX\u003C\u002Ftd>\u003Ctd>-0,3%\u003C\u002Ftd>\u003Ctd>1,1%\u003C\u002Ftd>\u003Ctd>35,7%\u003C\u002Ftd>\u003Ctd>8,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CDI bruto\u003C\u002Ftd>\u003Ctd>1,2%\u003C\u002Ftd>\u003Ctd>8,2%\u003C\u002Ftd>\u003Ctd>63,5%\u003C\u002Ftd>\u003Ctd>13,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IMA-B\u003C\u002Ftd>\u003Ctd>1,0%\u003C\u002Ftd>\u003Ctd>5,1%\u003C\u002Ftd>\u003Ctd>38,5%\u003C\u002Ftd>\u003Ctd>8,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Cp>Distribuições por Cota\u003C\u002Fp>\u003Cp>Média 12M | R$ 0,90\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_7_chart_6.jpg\">\u003C\u002Fp>\u003Cp>Dividend Yield\u003C\u002Fp>\u003Cp>Dividend Yield anualizado (sobre a cota patrimonial) Dividend Yield anualizado (sobre a cota de fechamento)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_7_chart_9.jpg\">\u003C\u002Fp>\u003Ch3>Resultado\u003C\u002Fh3>\u003Cp>Demonstração de Resultado (R$)\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>Jul-26\u003C\u002Fth>\u003Cth>R$\u002Fcota\u003C\u002Fth>\u003Cth>Acum. 2026\u003Csup>2\u003C\u002Fsup>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Juros e Correção Monetária (CRI)\u003C\u002Ftd>\u003Ctd>4.120.695\u003C\u002Ftd>\u003Ctd>1,19\u003C\u002Ftd>\u003Ctd>25.583.806\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>MTM - CRI e FIIs*\u003C\u002Ftd>\u003Ctd>2.098.204\u003C\u002Ftd>\u003Ctd>0,60\u003C\u002Ftd>\u003Ctd>(19.949.805)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receita Extraordinária\u003C\u002Ftd>\u003Ctd>(5.842.105)\u003C\u002Ftd>\u003Ctd>(1,68)\u003C\u002Ftd>\u003Ctd>(8.196.537)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Receitas - Total\u003C\u002Ftd>\u003Ctd>376.794\u003C\u002Ftd>\u003Ctd>0,11\u003C\u002Ftd>\u003Ctd>(2.562.537)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas - Total\u003C\u002Ftd>\u003Ctd>(389.993)\u003C\u002Ftd>\u003Ctd>(0,11)\u003C\u002Ftd>\u003Ctd>(2.284.409)\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Financeiro Líquido\u003C\u002Ftd>\u003Ctd>171.135\u003C\u002Ftd>\u003Ctd>0,05\u003C\u002Ftd>\u003Ctd>900.225\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ajuste para Distribuição - MTM*\u003C\u002Ftd>\u003Ctd>(2.098.204)\u003C\u002Ftd>\u003Ctd>(0,60)\u003C\u002Ftd>\u003Ctd>19.949.805\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Distribuível\u003C\u002Ftd>\u003Ctd>(1.940.268)\u003C\u002Ftd>\u003Ctd>(0,56)\u003C\u002Ftd>\u003Ctd>16.003.085\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Distribuído\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>0,00\u003C\u002Ftd>\u003Ctd>17.219.771\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Resultado do Fundo por Cota (R$)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_8_chart_5.jpg\">\u003C\u002Fp>\u003Cp>Movimentação da Reserva Acumulada\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_8_chart_7.jpg\">\u003C\u002Fp>\u003Ch3>Carteira de Ativos 1 (1\u002F2)\u003C\u002Fh3>\u003Ch3>Ativos Imobiliários\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_9_chart_3.jpg\">\u003C\u002Fp>\u003Ch3>Distribuição Geográfica\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_9_chart_5.jpg\">\u003C\u002Fp>\u003Ch3>Carteira de Ativos 1 (2\u002F2)\u003C\u002Fh3>\u003Ch3>Distribuição por CRI (% do PL)\u003C\u002Fh3>\u003Ctable>\u003Ctr>\u003Ctd rowspan=\"4\">CRI Windsock,9,0%\u003C\u002Ftd>\u003Ctd rowspan=\"4\">CRIPulverizadoMK IPCA II,6,6%\u003C\u002Ftd>\u003Ctd rowspan=\"4\">CRICarteiraMRV IV(Série III),5,3%\u003C\u002Ftd>\u003Ctd rowspan=\"4\">CRILandsol,4,8%\u003C\u002Ftd>\u003Ctd>CRI YucaAugusta I,4,4%\u003C\u002Ftd>\u003Ctd>CRIÓrigo,3,6%\u003C\u002Ftd>\u003Ctd>CRI CarteiraMRV V (SérieIII), 2,6%\u003C\u002Ftd>\u003Ctd>CRIViverdeMezanino,2,3%\u003C\u002Ftd>\u003Ctd>CRI YucaAugustaII, 2,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd rowspan=\"4\">CRI SKR, 4,4%\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd rowspan=\"4\" colspan=\"3\">Outros abaixo de 2,00%;16,4%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd rowspan=\"2\">CRI CB II,3,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd rowspan=\"2\">FlI Casas AAA,7,4%\u003C\u002Ftd>\u003Ctd rowspan=\"2\">CRI Intecom, 5,7%\u003C\u002Ftd>\u003Ctd rowspan=\"2\">CRI TarjabAltinoIPCA,5,2%\u003C\u002Ftd>\u003Ctd rowspan=\"2\">CRI Paes&GregoriItaim,4,5%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI Cury,4,1%\u003C\u002Ftd>\u003Ctd>CRI FGR,3,1%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Distribuição por LTV\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_10_chart_5.jpg\">\u003C\u002Fp>\u003Cp>Distribuição por Vencimento\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_10_chart_7.jpg\">\u003C\u002Fp>\u003Ch3>Alocação por Indexador\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_10_chart_9.jpg\">\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>Taxa MTM a.a.\u003C\u002Fth>\u003Cth>Taxa Aq a.a.\u003C\u002Fth>\u003Cth>Prazo Médio (Anos)\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>IPCA+\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003Ctd>10,0%\u003C\u002Ftd>\u003Ctd>3,4\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CDI+\u003C\u002Ftd>\u003Ctd>3,3%\u003C\u002Ftd>\u003Ctd>3,6%\u003C\u002Ftd>\u003Ctd>2,0\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>*Termos e definições no glossário (clique aqui). ¹ % sobre o total de CRI. ² n\u002Fa: CRIs pulverizados e\u002Fou em revisão pelo time de gestão.\u003C\u002Fp>\u003Ch3>Detalhamento de Ativos (1\u002F2)\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>Montante\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>Taxa de\u003C\u002Fth>\u003Cth>Taxa de\u003C\u002Fth>\u003Cth>Taxa\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>#\u003C\u002Ftd>\u003Ctd>Ativo\u003C\u002Ftd>\u003Ctd>MTM (R$ mm)\u003C\u002Ftd>\u003Ctd>% PL\u003C\u002Ftd>\u003Ctd>Segmento\u003C\u002Ftd>\u003Ctd>UF\u003C\u002Ftd>\u003Ctd>Emissor\u003C\u002Ftd>\u003Ctd>Código B3\u003C\u002Ftd>\u003Ctd>Indexador\u003C\u002Ftd>\u003Ctd>Emissão (a.a.)\u003C\u002Ftd>\u003Ctd>Aquisição (a.a.)\u003C\u002Ftd>\u003Ctd>MTM (a.a.)\u003C\u002Ftd>\u003Ctd>Prazo Médio\u003C\u002Ftd>\u003Ctd>Vencimento\u003C\u002Ftd>\u003Ctd>LTV\u003C\u002Ftd>\u003Ctd>Garantias*\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>1\u003C\u002Ftd>\u003Ctd>CRI Windsock\u003C\u002Ftd>\u003Ctd>31,1\u003C\u002Ftd>\u003Ctd>9,0%\u003C\u002Ftd>\u003Ctd>Logística\u003C\u002Ftd>\u003Ctd>CE\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>25D5062397\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>11,9%\u003C\u002Ftd>\u003Ctd>11,9%\u003C\u002Ftd>\u003Ctd>12,7%\u003C\u002Ftd>\u003Ctd>3,40\u003C\u002Ftd>\u003Ctd>abr-32\u003C\u002Ftd>\u003Ctd>31,0%\u003C\u002Ftd>\u003Ctd>AFQ, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>2\u003C\u002Ftd>\u003Ctd>CRI Pulverizado MK IPCA II\u003C\u002Ftd>\u003Ctd>22,8\u003C\u002Ftd>\u003Ctd>6,6%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Leverage\u003C\u002Ftd>\u003Ctd>25F2013653\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>10,5%\u003C\u002Ftd>\u003Ctd>10,5%\u003C\u002Ftd>\u003Ctd>10,9%\u003C\u002Ftd>\u003Ctd>2,92\u003C\u002Ftd>\u003Ctd>mai-30\u003C\u002Ftd>\u003Ctd>jan-00\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>3\u003C\u002Ftd>\u003Ctd>CRI Intecom\u003C\u002Ftd>\u003Ctd>19,8\u003C\u002Ftd>\u003Ctd>5,7%\u003C\u002Ftd>\u003Ctd>Logística\u003C\u002Ftd>\u003Ctd>PB, SP\u003C\u002Ftd>\u003Ctd>Habitasec\u003C\u002Ftd>\u003Ctd>25A2889666\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,9%\u003C\u002Ftd>\u003Ctd>9,9%\u003C\u002Ftd>\u003Ctd>10,8%\u003C\u002Ftd>\u003Ctd>3,23\u003C\u002Ftd>\u003Ctd>jan-35\u003C\u002Ftd>\u003Ctd>53,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>4\u003C\u002Ftd>\u003Ctd>CRI Carteira MRV IV (Série III)\u003C\u002Ftd>\u003Ctd>18,2\u003C\u002Ftd>\u003Ctd>5,3%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>23F1508169\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>12,4%\u003C\u002Ftd>\u003Ctd>12,4%\u003C\u002Ftd>\u003Ctd>11,3%\u003C\u002Ftd>\u003Ctd>4,79\u003C\u002Ftd>\u003Ctd>ago-35\u003C\u002Ftd>\u003Ctd>59,8%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>5\u003C\u002Ftd>\u003Ctd>CRI Tarjab Altino IPCA\u003C\u002Ftd>\u003Ctd>17,8\u003C\u002Ftd>\u003Ctd>5,2%\u003C\u002Ftd>\u003Ctd>Fin. Construção\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>24D3057203\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>10,7%\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003Ctd>10,7%\u003C\u002Ftd>\u003Ctd>1,59\u003C\u002Ftd>\u003Ctd>abr-28\u003C\u002Ftd>\u003Ctd>Em revisão\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>6\u003C\u002Ftd>\u003Ctd>CRI Landsol\u003C\u002Ftd>\u003Ctd>16,5\u003C\u002Ftd>\u003Ctd>4,8%\u003C\u002Ftd>\u003Ctd>Loteamento\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>22H1582777\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,8%\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003Ctd>10,4%\u003C\u002Ftd>\u003Ctd>2,71\u003C\u002Ftd>\u003Ctd>ago-32\u003C\u002Ftd>\u003Ctd>Em revisão\u003C\u002Ftd>\u003Ctd>AFQ, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>7\u003C\u002Ftd>\u003Ctd>CRI Paes & Gregori Itaim\u003C\u002Ftd>\u003Ctd>15,7\u003C\u002Ftd>\u003Ctd>4,5%\u003C\u002Ftd>\u003Ctd>Estoque\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>23B0430541\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,5%\u003C\u002Ftd>\u003Ctd>3,5%\u003C\u002Ftd>\u003Ctd>3,2%\u003C\u002Ftd>\u003Ctd>1,63\u003C\u002Ftd>\u003Ctd>jun-28\u003C\u002Ftd>\u003Ctd>50,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>8\u003C\u002Ftd>\u003Ctd>CRI Yuca Augusta I\u003C\u002Ftd>\u003Ctd>15,1\u003C\u002Ftd>\u003Ctd>4,4%\u003C\u002Ftd>\u003Ctd>Fin. Construção\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>22D1289605\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>7,3%\u003C\u002Ftd>\u003Ctd>8,6%\u003C\u002Ftd>\u003Ctd>11,7%\u003C\u002Ftd>\u003Ctd>0,84\u003C\u002Ftd>\u003Ctd>jun-27\u003C\u002Ftd>\u003Ctd>75,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>9\u003C\u002Ftd>\u003Ctd>CRI SKR\u003C\u002Ftd>\u003Ctd>15,0\u003C\u002Ftd>\u003Ctd>4,4%\u003C\u002Ftd>\u003Ctd>Fin. Construção\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>24J2479385\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003Ctd>4,12\u003C\u002Ftd>\u003Ctd>out-30\u003C\u002Ftd>\u003Ctd>50,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>10\u003C\u002Ftd>\u003Ctd>CRI Cury\u003C\u002Ftd>\u003Ctd>14,3\u003C\u002Ftd>\u003Ctd>4,1%\u003C\u002Ftd>\u003Ctd>Corporativo\u003C\u002Ftd>\u003Ctd>n\u002Fa\u003C\u002Ftd>\u003Ctd>Riza\u003C\u002Ftd>\u003Ctd>24I1189880\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>7,5%\u003C\u002Ftd>\u003Ctd>7,5%\u003C\u002Ftd>\u003Ctd>10,3%\u003C\u002Ftd>\u003Ctd>1,60\u003C\u002Ftd>\u003Ctd>mar-30\u003C\u002Ftd>\u003Ctd>n\u002Fa\u003C\u002Ftd>\u003Ctd>AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>11\u003C\u002Ftd>\u003Ctd>CRI Órigo\u003C\u002Ftd>\u003Ctd>12,4\u003C\u002Ftd>\u003Ctd>3,6%\u003C\u002Ftd>\u003Ctd>Energia\u003C\u002Ftd>\u003Ctd>MG, MS\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>23H1317741\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,0%\u003C\u002Ftd>\u003Ctd>10,5%\u003C\u002Ftd>\u003Ctd>9,8%\u003C\u002Ftd>\u003Ctd>3,81\u003C\u002Ftd>\u003Ctd>jun-35\u003C\u002Ftd>\u003Ctd>75,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>12\u003C\u002Ftd>\u003Ctd>CRI CB II\u003C\u002Ftd>\u003Ctd>11,4\u003C\u002Ftd>\u003Ctd>3,3%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>24E1296964\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>10,5%\u003C\u002Ftd>\u003Ctd>10,5%\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003Ctd>7,08\u003C\u002Ftd>\u003Ctd>mai-39\u003C\u002Ftd>\u003Ctd>46,5%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>13\u003C\u002Ftd>\u003Ctd>CRI FGR\u003C\u002Ftd>\u003Ctd>10,7\u003C\u002Ftd>\u003Ctd>3,1%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>GO\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>23L1279637\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003Ctd>12,7%\u003C\u002Ftd>\u003Ctd>3,11\u003C\u002Ftd>\u003Ctd>dez-33\u003C\u002Ftd>\u003Ctd>38,3%\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>14\u003C\u002Ftd>\u003Ctd>CRI Carteira MRV V (Série III)\u003C\u002Ftd>\u003Ctd>8,9\u003C\u002Ftd>\u003Ctd>2,6%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>23I1230915\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>11,3%\u003C\u002Ftd>\u003Ctd>11,3%\u003C\u002Ftd>\u003Ctd>14,0%\u003C\u002Ftd>\u003Ctd>5,13\u003C\u002Ftd>\u003Ctd>nov-35\u003C\u002Ftd>\u003Ctd>57,4%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>15\u003C\u002Ftd>\u003Ctd>CRI Viverde Mezanino\u003C\u002Ftd>\u003Ctd>8,0\u003C\u002Ftd>\u003Ctd>2,3%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>RJ\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>24E1453917\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003Ctd>13,2%\u003C\u002Ftd>\u003Ctd>2,88\u003C\u002Ftd>\u003Ctd>mai-34\u003C\u002Ftd>\u003Ctd>29,8%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>16\u003C\u002Ftd>\u003Ctd>CRI Yuca Augusta II\u003C\u002Ftd>\u003Ctd>7,2\u003C\u002Ftd>\u003Ctd>2,1%\u003C\u002Ftd>\u003Ctd>Fin. Construção\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>22D1289606\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>8,0%\u003C\u002Ftd>\u003Ctd>9,0%\u003C\u002Ftd>\u003Ctd>11,5%\u003C\u002Ftd>\u003Ctd>0,84\u003C\u002Ftd>\u003Ctd>jun-27\u003C\u002Ftd>\u003Ctd>71,9%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>17\u003C\u002Ftd>\u003Ctd>CRI Creditas II Carteira I sênior B\u003C\u002Ftd>\u003Ctd>6,6\u003C\u002Ftd>\u003Ctd>1,9%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>24E1765607\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,0%\u003C\u002Ftd>\u003Ctd>9,0%\u003C\u002Ftd>\u003Ctd>10,4%\u003C\u002Ftd>\u003Ctd>7,55\u003C\u002Ftd>\u003Ctd>set-45\u003C\u002Ftd>\u003Ctd>45,3%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>18\u003C\u002Ftd>\u003Ctd>CRI Creditas II Carteira VIII Sênior H\u003C\u002Ftd>\u003Ctd>6,4\u003C\u002Ftd>\u003Ctd>1,9%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>25G0124332\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,4%\u003C\u002Ftd>\u003Ctd>9,4%\u003C\u002Ftd>\u003Ctd>9,6%\u003C\u002Ftd>\u003Ctd>8,05\u003C\u002Ftd>\u003Ctd>out-46\u003C\u002Ftd>\u003Ctd>45,3%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Detalhamento de Ativos (2\u002F2)\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>Montante\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>Taxa de\u003C\u002Fth>\u003Cth>Taxa de\u003C\u002Fth>\u003Cth>Taxa\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>#\u003C\u002Ftd>\u003Ctd>Ativo\u003C\u002Ftd>\u003Ctd>MTM (R$ mm)\u003C\u002Ftd>\u003Ctd>% PL\u003C\u002Ftd>\u003Ctd>Segmento\u003C\u002Ftd>\u003Ctd>UF\u003C\u002Ftd>\u003Ctd>Emissor\u003C\u002Ftd>\u003Ctd>Código B3\u003C\u002Ftd>\u003Ctd>Indexador\u003C\u002Ftd>\u003Ctd>Emissão (a.a.)\u003C\u002Ftd>\u003Ctd>Aquisição (a.a.)\u003C\u002Ftd>\u003Ctd>MTM (a.a.)\u003C\u002Ftd>\u003Ctd>Prazo Médio\u003C\u002Ftd>\u003Ctd>Vencimento\u003C\u002Ftd>\u003Ctd>LTV\u003C\u002Ftd>\u003Ctd>Garantias*\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>19\u003C\u002Ftd>\u003Ctd>CRI Cone Refri\u003C\u002Ftd>\u003Ctd>5,8\u003C\u002Ftd>\u003Ctd>1,7%\u003C\u002Ftd>\u003Ctd>Logística\u003C\u002Ftd>\u003Ctd>PE\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>25L3506484\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>11,5%\u003C\u002Ftd>\u003Ctd>11,5%\u003C\u002Ftd>\u003Ctd>11,9%\u003C\u002Ftd>\u003Ctd>3,47\u003C\u002Ftd>\u003Ctd>dez-30\u003C\u002Ftd>\u003Ctd>71,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>20\u003C\u002Ftd>\u003Ctd>CRI Creditas II Carteira IX Mezanino E\u003C\u002Ftd>\u003Ctd>5,3\u003C\u002Ftd>\u003Ctd>1,5%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>25H2240758\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>13,1%\u003C\u002Ftd>\u003Ctd>13,1%\u003C\u002Ftd>\u003Ctd>13,7%\u003C\u002Ftd>\u003Ctd>6,52\u003C\u002Ftd>\u003Ctd>dez-46\u003C\u002Ftd>\u003Ctd>52,7%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>21\u003C\u002Ftd>\u003Ctd>CRI Yuny Jardim Paulista Série I\u003C\u002Ftd>\u003Ctd>4,9\u003C\u002Ftd>\u003Ctd>1,4%\u003C\u002Ftd>\u003Ctd>Fin. Construção\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>24F1532998\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,7%\u003C\u002Ftd>\u003Ctd>3,7%\u003C\u002Ftd>\u003Ctd>3,4%\u003C\u002Ftd>\u003Ctd>2,73\u003C\u002Ftd>\u003Ctd>jun-30\u003C\u002Ftd>\u003Ctd>80,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>22\u003C\u002Ftd>\u003Ctd>CRI Pulverizado MK IPCA\u003C\u002Ftd>\u003Ctd>3,8\u003C\u002Ftd>\u003Ctd>1,1%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Leverage\u003C\u002Ftd>\u003Ctd>24J4831399\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>10,5%\u003C\u002Ftd>\u003Ctd>10,5%\u003C\u002Ftd>\u003Ctd>10,9%\u003C\u002Ftd>\u003Ctd>2,75\u003C\u002Ftd>\u003Ctd>mai-50\u003C\u002Ftd>\u003Ctd>63,8%\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>23\u003C\u002Ftd>\u003Ctd>CRI Carteira MRV V (Série II)\u003C\u002Ftd>\u003Ctd>3,8\u003C\u002Ftd>\u003Ctd>1,1%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>23I1230828\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>10,0%\u003C\u002Ftd>\u003Ctd>10,0%\u003C\u002Ftd>\u003Ctd>13,6%\u003C\u002Ftd>\u003Ctd>4,20\u003C\u002Ftd>\u003Ctd>out-33\u003C\u002Ftd>\u003Ctd>57,4%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>24\u003C\u002Ftd>\u003Ctd>CRI CB I Mezanino\u003C\u002Ftd>\u003Ctd>3,2\u003C\u002Ftd>\u003Ctd>0,9%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>23L2243789\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>14,3%\u003C\u002Ftd>\u003Ctd>14,3%\u003C\u002Ftd>\u003Ctd>17,6%\u003C\u002Ftd>\u003Ctd>2,74\u003C\u002Ftd>\u003Ctd>dez-33\u003C\u002Ftd>\u003Ctd>57,5%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>25\u003C\u002Ftd>\u003Ctd>CRI Creditas II Mezanino\u003C\u002Ftd>\u003Ctd>2,8\u003C\u002Ftd>\u003Ctd>0,8%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>24E1765736\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>11,5%\u003C\u002Ftd>\u003Ctd>11,5%\u003C\u002Ftd>\u003Ctd>13,7%\u003C\u002Ftd>\u003Ctd>6,44\u003C\u002Ftd>\u003Ctd>set-45\u003C\u002Ftd>\u003Ctd>52,7%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>26\u003C\u002Ftd>\u003Ctd>CRI Yuny Jardim Paulista Série III\u003C\u002Ftd>\u003Ctd>2,2\u003C\u002Ftd>\u003Ctd>0,6%\u003C\u002Ftd>\u003Ctd>Fin. Construção\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>24F2830801\u003C\u002Ftd>\u003Ctd>CDI\u003C\u002Ftd>\u003Ctd>3,7%\u003C\u002Ftd>\u003Ctd>3,7%\u003C\u002Ftd>\u003Ctd>3,3%\u003C\u002Ftd>\u003Ctd>2,86\u003C\u002Ftd>\u003Ctd>jun-30\u003C\u002Ftd>\u003Ctd>80,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>27\u003C\u002Ftd>\u003Ctd>CRI Creditas II Carteira VIII Mezanino D\u003C\u002Ftd>\u003Ctd>2,1\u003C\u002Ftd>\u003Ctd>0,6%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>25G0124296\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>12,9%\u003C\u002Ftd>\u003Ctd>12,9%\u003C\u002Ftd>\u003Ctd>13,6%\u003C\u002Ftd>\u003Ctd>6,56\u003C\u002Ftd>\u003Ctd>out-46\u003C\u002Ftd>\u003Ctd>52,7%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>28\u003C\u002Ftd>\u003Ctd>CRI Creditas II Carteira VII Mezanino C\u003C\u002Ftd>\u003Ctd>1,8\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>25C3746749\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>12,6%\u003C\u002Ftd>\u003Ctd>12,6%\u003C\u002Ftd>\u003Ctd>13,7%\u003C\u002Ftd>\u003Ctd>6,49\u003C\u002Ftd>\u003Ctd>jul-46\u003C\u002Ftd>\u003Ctd>52,7%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>29\u003C\u002Ftd>\u003Ctd>CRI aMORA Série II\u003C\u002Ftd>\u003Ctd>1,6\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>24H1407587\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,8%\u003C\u002Ftd>\u003Ctd>9,8%\u003C\u002Ftd>\u003Ctd>10,3%\u003C\u002Ftd>\u003Ctd>2,63\u003C\u002Ftd>\u003Ctd>ago-29\u003C\u002Ftd>\u003Ctd>50,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>30\u003C\u002Ftd>\u003Ctd>CRI Longitude\u003C\u002Ftd>\u003Ctd>1,6\u003C\u002Ftd>\u003Ctd>0,5%\u003C\u002Ftd>\u003Ctd>Loteamento\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>18I0295172\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003Ctd>11,8%\u003C\u002Ftd>\u003Ctd>1,54\u003C\u002Ftd>\u003Ctd>out-32\u003C\u002Ftd>\u003Ctd>23,3%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>31\u003C\u002Ftd>\u003Ctd>CRI CB I Sênior\u003C\u002Ftd>\u003Ctd>1,4\u003C\u002Ftd>\u003Ctd>0,4%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>23L2242655\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>8,5%\u003C\u002Ftd>\u003Ctd>8,5%\u003C\u002Ftd>\u003Ctd>11,7%\u003C\u002Ftd>\u003Ctd>3,08\u003C\u002Ftd>\u003Ctd>dez-33\u003C\u002Ftd>\u003Ctd>10,6%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>32\u003C\u002Ftd>\u003Ctd>CRI aMORA Série III\u003C\u002Ftd>\u003Ctd>0,6\u003C\u002Ftd>\u003Ctd>0,2%\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>Vert\u003C\u002Ftd>\u003Ctd>24H1407584\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>12,3%\u003C\u002Ftd>\u003Ctd>12,3%\u003C\u002Ftd>\u003Ctd>12,9%\u003C\u002Ftd>\u003Ctd>2,55\u003C\u002Ftd>\u003Ctd>ago-29\u003C\u002Ftd>\u003Ctd>50,0%\u003C\u002Ftd>\u003Ctd>AFI, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>33\u003C\u002Ftd>\u003Ctd>FII Casas AAA¹\u003C\u002Ftd>\u003Ctd>25,6\u003C\u002Ftd>\u003Ctd>7,4%\u003C\u002Ftd>\u003Ctd>Fin. Construção\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>n\u002Fa\u003C\u002Ftd>\u003Ctd>FII Casas AAA\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>6,0%\u003C\u002Ftd>\u003Ctd>6,0%\u003C\u002Ftd>\u003Ctd>6,0%\u003C\u002Ftd>\u003Ctd>1,60\u003C\u002Ftd>\u003Ctd>mar-28\u003C\u002Ftd>\u003Ctd>n\u002Fa\u003C\u002Ftd>\u003Ctd>n\u002Fa\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>34\u003C\u002Ftd>\u003Ctd>FII CTA II¹ Total\u003C\u002Ftd>\u003Ctd>2,8327,2\u003C\u002Ftd>\u003Ctd>0,8%94,8%\u003C\u002Ftd>\u003Ctd>Multiestratég ia\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>n\u002Fa\u003C\u002Ftd>\u003Ctd>FII CTA II\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>0,0%\u003C\u002Ftd>\u003Ctd>3,00\u003C\u002Ftd>\u003Ctd>n\u002Fa\u003C\u002Ftd>\u003Ctd>n\u002Fa\u003C\u002Ftd>\u003Ctd>n\u002Fa\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Operações Estruturadas\u003C\u002Fh3>\u003Ch3>PATRIA\u003C\u002Fh3>\u003Ch3>FII Casas AAA\u003C\u002Fh3>\u003Cp>Operação originalmente estruturada como crédito para financiamento a obra de 6 empreendimentos residenciais horizontais de alto padrão em bairros nobres em São Paulo\u002FSP, desenvolvido pela incorporadora Seed, com um total de 56 unidades e mais de R$ 400 milhões de VGV. A operação foi emitida com alienação fiduciária dos terrenos, alienação das quotas das SPEs dos projetos, cessão fiduciária dos recebíveis e avais da holding e dos sócios. No segundo semestre de 2024, o devedor começou a apresentar sinais de deterioração de crédito, e a operação foi reestruturada, resultando na substituição integral do incorporador, de forma a assegurar a entrega dos empreendimentos e melhorar a governança dos projetos. Em relação aos 6 projetos originais, a situação atual apresenta 1 projeto entregue, 4 projetos em reta final de obras e conclusão de habite-se e 1 projeto com conclusão programada para o segundo semestre de 2026. O time de gestão acompanha de perto o andamento das obras, a evolução das vendas e os recebíveis das unidades vendidas, e os dados de evolução de obras e vendas dos projetos seguem individualizados abaixo. Até o momento, não é esperada perda de capital aportado (principal).\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Projeto\u003C\u002Fth>\u003Cth>Percentual de Vendas\u003C\u002Fth>\u003Cth>Percentual de Obra\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Kansas\u003C\u002Ftd>\u003Ctd>73%\u003C\u002Ftd>\u003Ctd>99%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Piassanguaba\u003C\u002Ftd>\u003Ctd>71%\u003C\u002Ftd>\u003Ctd>97%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Dona Elisa\u003C\u002Ftd>\u003Ctd>25%\u003C\u002Ftd>\u003Ctd>89%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Teviot\u003C\u002Ftd>\u003Ctd>50%\u003C\u002Ftd>\u003Ctd>100%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LaPlace\u003C\u002Ftd>\u003Ctd>76%\u003C\u002Ftd>\u003Ctd>92%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Itaverá\u003C\u002Ftd>\u003Ctd>47%\u003C\u002Ftd>\u003Ctd>58%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>CRI Tarjab Altino\u003C\u002Fh3>\u003Cp>\u003Cstrong>Resumo:\u003C\u002Fstrong> O CRI Tarjab Altino é uma operação de crédito com a incorporadora Tarjab para financiamento à aquisição de terreno e obra de projeto de incorporação residencial localizado na Vila Mariana, em São Paulo\u002FSP, que se encontra em fase inicial de obras. A operação tem como garantias alienação fiduciária do empreendimento alvo, alienação fiduciária de cotas da SPE detentora do empreendimento alvo, aval da holding e dos principais sócios e fundo de reserva, além de alienação fiduciária de apartamentos em São Paulo\u002FSP como garantias adicionais. Entretanto, a empresa está em um momento de situação restritiva de liquidez, e o custo final de obra ficou acima do orçamento inicial, apresentando certo nível de exposição de caixa, além de impactos nos indicadores do empreendimento e da operação em si. Dessa forma, o time de gestão tem monitorado de perto não só a evolução do cronograma físico-financeiro das obras, como também a saúde financeira da companhia, de forma a minimizar impactos negativos na operação.\u003C\u002Fp>\u003Cp>Em julho, foi reconhecida provisão de perda de R$ 5,9 milhões do ativo (cerca de 25% do saldo do CRI) pelo administrador, a qual foi calculada em função da deterioração observada na evolução física da obra, do aumento dos custos de construção a incorrer e da revisão dos valores de venda das unidades, com base em estudo técnico elaborado po terceiro independente, de modo a antecipar potencial perda associada à operação.\u003C\u002Fp>\u003Ctable>\u003Ctr>\u003Ctd rowspan=\"2\"># Ativo 2\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Montante MTM (R$ mm)\u003C\u002Ftd>\u003Ctd rowspan=\"2\">%\u002FPL\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Segmento\u003C\u002Ftd>\u003Ctd rowspan=\"2\">UF\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Emissor\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Código B3\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Indexador\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Taxa de Emissão (a.a.)\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Taxa de Aquisição (a.a.)\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Taxa MTM (a.a.)\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Prazo Médio\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Vencimento\u003C\u002Ftd>\u003Ctd rowspan=\"2\">LTV\u003C\u002Ftd>\u003Ctd rowspan=\"2\">Garantias\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI Tarjab Altino IPCA\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>17,8\u003C\u002Ftd>\u003Ctd>5,2%\u003C\u002Ftd>\u003Ctd>Fin. SP Construção\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>24D3057203\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>10,7%\u003C\u002Ftd>\u003Ctd>11,0%\u003C\u002Ftd>\u003Ctd>10,7%\u003C\u002Ftd>\u003Ctd>1,59\u003C\u002Ftd>\u003Ctd>abr-28\u003C\u002Ftd>\u003Ctd>Em revisão\u003C\u002Ftd>\u003Ctd>AFI, CFR, AVS, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftable>\u003Ch3>Watchlist\u003C\u002Fh3>\u003Ch3>PATRIA\u003C\u002Fh3>\u003Ch3>CRI Landsol\u003C\u002Fh3>\u003Cp>\u003Cstrong>Resumo:\u003C\u002Fstrong> Operação de antecipação de recebíveis e estoque ligados a oito loteamentos no interior do estado de São Paulo\u002FSP, sendo seis projetos performados e dois em fase de entrega de obra. A emissão é lastreada em uma debênture emitida pela loteadora Cemara, companhia que atua majoritariamente no interior do estado de São Paulo. A operação foi estruturada de modo a contar com as seguintes garantias: alienação fiduciária de quotas, cessão fiduciária de futuros recebíveis e fundos de reserva e despesas, além de critérios mínimos relacionados à estrutura de governança e de organização societária, o que não foi cumprido em sua integralidade. Além dos critérios de estrutura de governança não cumpridos em sua totalidade, no portfólio de obras da companhia, há outras seis obras lançadas e inacabadas, culminando em risco de indenização além do próprio risco reputacional relacionado à companhia e aos empreendimentos. Dessa forma, optou-se por seguir com a reestruturação da operação, em conjunto com outros CRIs da companhia, de modo a alienar o controle acionário dos projetos após anuência dos sócios a parceiro desenvolvedor com histórico de atuação e entrega em operações em estresse.\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>Montante\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>#\u003C\u002Ftd>\u003Ctd>Ativo\u003C\u002Ftd>\u003Ctd>MTM (R$ mm)\u003C\u002Ftd>\u003Ctd>%\u002FPL\u003C\u002Ftd>\u003Ctd>Segmento\u003C\u002Ftd>\u003Ctd>UF\u003C\u002Ftd>\u003Ctd>Emissor\u003C\u002Ftd>\u003Ctd>Código B3\u003C\u002Ftd>\u003Ctd>Indexador\u003C\u002Ftd>\u003Ctd>Taxa de Emissão (a.a.)\u003C\u002Ftd>\u003Ctd>Taxa de Aquisição (a.a.)\u003C\u002Ftd>\u003Ctd>Taxa MTM (a.a.)\u003C\u002Ftd>\u003Ctd>Prazo Médio\u003C\u002Ftd>\u003Ctd>Vencimento\u003C\u002Ftd>\u003Ctd>LTV¹\u003C\u002Ftd>\u003Ctd>Garantias\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>6\u003C\u002Ftd>\u003Ctd>CRI Landsol\u003C\u002Ftd>\u003Ctd>16,5\u003C\u002Ftd>\u003Ctd>4,8%\u003C\u002Ftd>\u003Ctd>Loteamento\u003C\u002Ftd>\u003Ctd>SP\u003C\u002Ftd>\u003Ctd>Opea\u003C\u002Ftd>\u003Ctd>22H1582777\u003C\u002Ftd>\u003Ctd>IPCA\u003C\u002Ftd>\u003Ctd>9,8%\u003C\u002Ftd>\u003Ctd>9,5%\u003C\u002Ftd>\u003Ctd>10,4%\u003C\u002Ftd>\u003Ctd>2,71\u003C\u002Ftd>\u003Ctd>ago-32\u003C\u002Ftd>\u003Ctd>Em revisão\u003C\u002Ftd>\u003Ctd>AFQ, CFR, FR\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>Watchlist\u003C\u002Fh3>\u003Ch3>PATRIA\u003C\u002Fh3>\u003Ch3>CRI Mora\u003C\u002Fh3>\u003Cp>\u003Cstrong>Resumo:\u003C\u002Fstrong> O CRI Mora é uma operação de crédito para incorporação de empreendimento residencial localizado na Vila Madalena, São Paulo\u002FSP, por empresa responsável pelo desenvolvimento imobiliário, aquisição e gestão de imóveis para locação residencial (imóvel para renda). A operação foi estruturada com as seguintes garantias: alienação fiduciária de imóvel (ativo performado e terreno) e cessão fiduciária dos recebíveis, além de fundo de reserva. Considerando que o fluxo de recebíveis provenientes dos contratos de locação atuais cobre apenas as despesas operacionais da operação e parte do valor devido a título de remuneração mensal e que a empresa se encontra em situação restritiva de liquidez, o time de gestão tem buscado alternativas à monetização do ativo, incluindo contratação de terceiro especializado em atuação em operações em estresse e\u002Fou eventual alienação das garantias.\u003C\u002Fp>\u003Cp>No mês de maio de 2026, após alinhamento com o administrador do fundo, foi reconhecida provisão de perda R$ 2,2 milhões do CRI Mora (cerca de 50% do saldo devedor de maio), fruto de piora na percepção da continuidade operacional da operação e do devedor propriamente, considerando também a inadimplência do CRI em relação ao pagamento de suas obrigações.\u003C\u002Fp>\u003Cp>No contexto desse processo, durante o mês de junho de 2026, as posições foram integralizadas no FII CTA II, com o objetivo de centralizar a gestão desses ativos, permitindo maior foco na condução da reestruturação, ganho de eficiência no acompanhamento e melhor gestão dos impactos no resultado distribuível do Fundo, sem alteração da exposição econômica do RPRI11.\u003C\u002Fp>\u003Cp>Por fim, ressaltamos que a expectativa do time de gestão é de recuperação de valor ao longo do tempo no âmbito do FII CTA II, não sendo antecipadas, neste momento, novas necessidades de provisões relevantes adicionais relacionadas a essa operação.\u003C\u002Fp>\u003Ch3>Liquidez e Passivo\u003C\u002Fh3>\u003Cp>Liquidez\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_17_chart_3.jpg\">\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>Jul -26\u003C\u002Fth>\u003Cth>2026\u003C\u002Fth>\u003Cth>12 Meses\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>ADTV (R$ milhões)\u003C\u002Ftd>\u003Ctd>0,7\u003C\u002Ftd>\u003Ctd>0,7\u003C\u002Ftd>\u003Ctd>0,6\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Giro\u003C\u002Ftd>\u003Ctd>2,9%\u003C\u002Ftd>\u003Ctd>17,1%\u003C\u002Ftd>\u003Ctd>24,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Número de Cotistas (em milhares)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_17_chart_6.jpg\">\u003C\u002Fp>\u003Ch3>Deliberações das Assembleias do Mês\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Conclusão da Assembleia\u003C\u002Fth>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Código B3\u003C\u002Fth>\u003Cth># de Matérias\u003C\u002Fth>\u003Cth>Voto Proferido\u003C\u002Fth>\u003Cth>Resultado\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>10-Jul-26\u003C\u002Ftd>\u003Ctd>CRI Tarjab Altino\u003C\u002Ftd>\u003Ctd>24D305721724D305720324D3057166\u003C\u002Ftd>\u003Ctd>2\u003C\u002Ftd>\u003Ctd>Aprovar\u003C\u002Ftd>\u003Ctd>Aprovado\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>15-Jul-26\u003C\u002Ftd>\u003Ctd>CRI Landsol\u003C\u002Ftd>\u003Ctd>22H158277724D3057217\u003C\u002Ftd>\u003Ctd>4\u003C\u002Ftd>\u003Ctd>Aprovar\u003C\u002Ftd>\u003Ctd>Aprovado\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>22-Jul-26\u003C\u002Ftd>\u003Ctd>CRI Tarjab Altino\u003C\u002Ftd>\u003Ctd>24D305720324D3057166\u003C\u002Ftd>\u003Ctd>1\u003C\u002Ftd>\u003Ctd>Aprovar\u003C\u002Ftd>\u003Ctd>Aprovado\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch3>PATRIA\u003C\u002Fh3>\u003Ch3>Anexos\u003C\u002Fh3>\u003Ch3>somos o\u003C\u002Fh3>\u003Cp>Gestora \u003Cstrong>líder em Investimentos alternativos\u003C\u002Fstrong>, com \u003Cstrong>atuação global em 4 continentes\u003C\u002Fstrong>.\u003C\u002Fp>\u003Cp>+ de \u003Cstrong>37 anos\u003C\u002Fstrong> de atuação em alternativos\u003C\u002Fp>\u003Cp>+ de \u003Cstrong>R$ 322 BI\u003C\u002Fstrong> sob gestão\u003C\u002Fp>\u003Ch3>Real Estate\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_20_image_5.jpg\">\u003C\u002Fp>\u003Cp>Maior \u003Cstrong>gestora independente de FIIs\u003C\u002Fstrong> do Brasil\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_20_image_7.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 37 bilhões\u003C\u002Fstrong> sob gestão\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_20_image_9.jpg\">\u003C\u002Fp>\u003Cp>\u003Cstrong>+30 FIIs\u003C\u002Fstrong> listados na B3, \u003Cstrong>3 FIIs\u003C\u002Fstrong> negociados em ambiente CETIP, além de fundos exclusivos\u003C\u002Fp>\u003Cp>Uma das \u003Cstrong>maiores gestoras\u003C\u002Fstrong> de investimentos alternativos da América Latina\u003C\u002Fp>\u003Cp>Acesse para mais informações: \u003Cstrong>patria\u003C\u002Fstrong>.com \u003Cstrong>realestate\u003C\u002Fstrong>.patria.com\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_21_image_0.jpg\">\u003C\u002Fp>\u003Cp>Gestão de Recursos\u003C\u002Fp>\u003Cp>\u003Cstrong>realestate\u003C\u002Fstrong>.patria.com\u003C\u002Fp>\u003Ch3>siga o - #Patria NasRedes\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_21_image_4.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_21_image_5.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_21_image_6.jpg\">\u003C\u002Fp>\u003Cp>\u002Fpatria - investments - brasil\u003C\u002Fp>\u003Cp>@patriainvestments\u003C\u002Fp>\u003Cp>@patriainvestments\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F1667\u002Fpage_21_image_10.jpg\">\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FRPRI11\u002Fdocumentos\u002F1667\u002Fpdf",false,"https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1300009","2026-07-31","2026-08-25 17:32:00",1,{"id":17,"empresa":18,"gestor":26,"cotacoes":33,"patrimonio":151,"vpa":152,"p_vpa":153,"tipo_gestao":154,"mandato":155,"segmento":156,"categoria":157,"grupo":157,"preco_atual":149,"cotacao_atualizada_em":158,"ultima_variacao_cotacao_24h":159,"variacao_cotacao_7d":160,"variacao_cotacao_1m":161,"variacao_cotacao_3m":162,"variacao_cotacao_6m":163,"variacao_cotacao_12m":164,"vacancia_fisica":155,"liquidez_atual":165,"ultimo_dividendo":166,"ultimo_dividend_yield":167,"mes_pagamento_ultimo_dividendo":168,"dividend_yield_3m":169,"dividend_yield_6m":170,"dividend_yield_12m":171,"dividend_yield_medio_12m":172,"qtd_dividendos_pagos_ano_passado":173,"data_ultima_cotacao":147,"pregoes_com_negocio_21":174,"alertas":175,"updated_at":176,"liquidez_media_reais":177,"administrador":178,"taxa_administracao_paga":155,"balanco":179,"resultado_distribuido":186,"publico_alvo":191,"mercados_negociacao_cotas":192,"data_funcionamento":194,"data_final":155,"quantidade_cotas":195,"quantidade_cotistas":196,"detalhes_cotistas":197,"total_investido":203,"investimentos_fundo":204,"imoveis":207,"contratos":155,"custodiante":209,"auditor_independente":214,"formador_mercado":155,"distribuidor_cotas":155,"consultor_especializado":155,"administrador_locacoes":155,"relatorio_anual":221,"analise_administrador":224},490,{"nome":19,"nome_simplificado":20,"nome_comercial":21,"ticker":22,"nome_ticker":23,"nome_pregao":24,"cnpj":25},"RBR PREMIUM RECEBÍVEIS IMOBILIÁRIOS FUNDO DE INVESTIMENTO IMOBILIÁRIO RESPONSABILIDADE LIMITADA","RBR PREMIUM RECEBÍVEIS IMOBILIÁRIOS  RESPONSABILIDADE LIMITADA","RBR Premium Recebíveis Imobiliários","RPRI11","RPRI11 - RBR PREMIUM RECEBÍVEIS IMOBILIÁRIOS FUNDO DE INVESTIMENTO IMOBILIÁRIO RESPONSABILIDADE LIMITADA","FII RBR PR","42.502.842\u002F0001-91",{"id":27,"nome":28,"cnpj":29,"endereco":30,"telefone":31,"created_at":32,"updated_at":32},11,"PATRIA INVESTIMENTOS LTDA","12461756000117","Av. Cidade Jardim 803, 9° Andar , Itaim Bibi. São Paulo\u002FSP CEP 01453000","(11) 3039 9000","2026-10-03T18:50:54.000000Z",[34,40,46,52,58,64,70,76,82,87,92,98,103,109,115,121,127,133,139,145],{"id":35,"data":36,"abertura":37,"ultimo":38,"volume":39},3288962,"2026-10-06",73.09,76.99,22000,{"id":41,"data":42,"abertura":43,"ultimo":44,"volume":45},3289448,"2026-10-07",76,76.79,21506,{"id":47,"data":48,"abertura":49,"ultimo":50,"volume":51},3290343,"2026-10-08",76.77,77.98,18516,{"id":53,"data":54,"abertura":55,"ultimo":56,"volume":57},3291129,"2026-10-09",77.97,79,18141,{"id":59,"data":60,"abertura":61,"ultimo":62,"volume":63},3357186,"2026-10-13",77.61,79.48,14058,{"id":65,"data":66,"abertura":67,"ultimo":68,"volume":69},3375811,"2026-10-14",79.4,79.84,13279,{"id":71,"data":72,"abertura":73,"ultimo":74,"volume":75},3376027,"2026-10-15",78.55,79.86,3042,{"id":77,"data":78,"abertura":79,"ultimo":80,"volume":81},3377041,"2026-10-16",79.99,79.43,16643,{"id":83,"data":84,"abertura":85,"ultimo":85,"volume":86},3444948,"2026-10-19",79.91,11690,{"id":88,"data":89,"abertura":85,"ultimo":90,"volume":91},3446682,"2026-10-20",80.46,2536,{"id":93,"data":94,"abertura":95,"ultimo":96,"volume":97},3459814,"2026-10-21",79.88,80.75,10296,{"id":99,"data":100,"abertura":96,"ultimo":101,"volume":102},3473748,"2026-10-22",80.65,10102,{"id":104,"data":105,"abertura":106,"ultimo":107,"volume":108},3488164,"2026-10-23",80.14,81.99,12958,{"id":110,"data":111,"abertura":112,"ultimo":113,"volume":114},3566140,"2026-10-26",78.49,75.89,12216,{"id":116,"data":117,"abertura":118,"ultimo":119,"volume":120},3580018,"2026-10-27",75.35,72.45,8840,{"id":122,"data":123,"abertura":124,"ultimo":125,"volume":126},3594489,"2026-10-28",72.79,70.86,915,{"id":128,"data":129,"abertura":130,"ultimo":131,"volume":132},3609185,"2026-10-29",72.75,70.7,11348,{"id":134,"data":135,"abertura":136,"ultimo":137,"volume":138},3624715,"2026-10-30",71.38,69.91,10572,{"id":140,"data":141,"abertura":142,"ultimo":143,"volume":144},3682123,"2026-11-03",69.37,66.43,5850,{"id":146,"data":147,"abertura":148,"ultimo":149,"volume":150},3695528,"2026-11-04",66.86,66.38,6587,349494936.21,100.67,"0.66","Ativa",null,"Outros","Papel","2026-11-05 09:00","-0.0008","-0.0611","-0.1378","-0.1005","-0.1910","-0.2060",223,"0.9000","0.0129","Nov\u002F2026","0.0475","0.0821","0.1679","0.0115",12,21,[],"05\u002F11\u002F2026 06:00",882840.5,"INTRAG DISTRIBUIDORA DE TÍTULOS E VALORES MOBILIÁRIOS LTDA",{"data_referencia":180,"ativo":181,"passivo":182,"obrigacoes_imoveis":183,"obrigacoes_securitizacao":183,"liquidez":184,"valores_receber":185},"2026-09-01",352101168,2606231.79,0,27756413.65,15014.68,{"data_referencia":187,"resultado":188,"rendimentos":189,"percentual":190},"2026-06-30",9302852.01,11109529.5995,1.1942068504968082,"Investidores em Geral",[193],"Bolsa","2022-02-02",3471728,4574,{"Pessoa Física":198,"Outros fundos de investimento":199,"Fundos de investimento imobiliário":200,"Investidores não residentes":201,"Entidade aberta de previdência complementar":202,"Pessoa jurídica não financeira":15,"Corretora ou distribuidora":15,"Entidade fechada de previdência complementar":15},4540,14,9,6,2,324329739.67,{"CRI \u002F CRA":205,"Cotas de FIIs":206},295229061.01,29100678.66,{"vacancia_total":183,"lista_imoveis":208,"data_referencia":187,"vacancia_suspeita":11},[],{"id":173,"nome":210,"cnpj":211,"endereco":212,"telefone":213,"created_at":32,"updated_at":32},"ITAÚ UNIBANCO S.A.","60701190000104","Praça Alfredo Egydio de Souza Aranha, 100, São Paulo\u002FSP CEP 04344902","(11) 3072 6266",{"id":215,"nome":216,"cnpj":217,"endereco":218,"telefone":219,"created_at":220,"updated_at":220},3,"PRICEWATERHOUSECOOPERS AUDITORES INDEPENDENTES LTDA.","61562112000120","Avenida Brigadeiro Faria Lima, 3732, Edifício B32, 16º andar - Itaim Bibi, São Paulo - SP, 04538-132","(11) 4004-8000","2026-06-07T17:17:20.000000Z",{"ano_referencia":222,"data_disponibilizacao":223},"2026","2026-09-28",{"ResultadoFundo":225,"ConjunturaEconomica":226,"PerspectivaPeriodoSeguinte":227},"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.","No período de junho de 2025 a junho de 2026, o mercado imobiliário e a indústria de Fundos de Investimento Imobiliário (FIIs) permaneceram influenciados pelo cenário macroeconômico, especialmente pela evolução da política monetária, das taxas de juros e das condições fiscais. Nesse contexto, observou-se maior seletividade dos investidores, com diferenciação de desempenho entre os segmentos da indústria. Fundos com ativos imobiliários de qualidade e contratos resilientes, bem como aqueles expostos a operações de crédito estruturadas com garantias consistentes, apresentaram maior capacidade de preservação de resultados. Apesar da volatilidade observada ao longo do período, os FIIs mantiveram sua relevância como instrumento de investimento, reforçando a importância da gestão ativa e da seleção criteriosa de ativos para a geração sustentável de valor e rendimentos.","Considerando o cenário observado ao final do período findo em junho de 2026, a perspectiva para o período seguinte permanece condicionada à evolução do ambiente macroeconômico, em especial à trajetória das taxas de juros, da inflação e das condições fiscais. Nesse contexto, espera-se a continuidade de um mercado seletivo, no qual ativos com fundamentos sólidos, contratos resilientes e adequada relação entre risco e retorno tendam a apresentar melhor desempenho relativo. Diante desse cenário, a gestão do Fundo deverá manter uma postura diligente e proativa na condução da estratégia de investimentos, priorizando a diversificação da carteira e a alocação em ativos compatíveis com sua política de investimento. Permanecerá, ainda, o monitoramento ",{"title":229,"description":230,"canonical":231,"image":232,"json_ld":233,"nome":258,"resumo":291},"Relatório Gerencial RPRI11 de julho de 2026 | Kartac","Relatório Gerencial de julho de 2026 do RPRI11, entrega em 25\u002F08\u002F2026. DY 12 meses de 16,79% e P\u002FVP 0,66 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRPRI11\u002Fdocumentos\u002F1667","https:\u002F\u002Fwww.kartac.com.br\u002Fimages\u002Fog.png",{"@context":234,"@graph":235},"https:\u002F\u002Fschema.org",[236,242,247,256,269,279],{"@type":237,"@id":238,"name":239,"url":240,"logo":241},"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":243,"@id":244,"name":239,"url":240,"inLanguage":245,"publisher":246},"WebSite","https:\u002F\u002Fwww.kartac.com.br\u002F#site","pt-BR",{"@id":238},{"@type":248,"@id":249,"url":231,"name":229,"description":230,"inLanguage":245,"isPartOf":250,"dateModified":251,"mainEntity":252,"breadcrumb":254},"WebPage","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRPRI11\u002Fdocumentos\u002F1667#pagina",{"@id":244},"2026-10-31",{"@id":253},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRPRI11\u002Fdocumentos\u002F1667#documento",{"@id":255},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRPRI11\u002Fdocumentos\u002F1667#migalhas",{"@type":257,"@id":253,"name":258,"alternateName":5,"url":231,"inLanguage":245,"about":259,"genre":7,"datePublished":261,"temporalCoverage":262,"author":263,"publisher":268,"isBasedOn":12},"Report","Relatório Gerencial RPRI11 de julho de 2026",{"@id":260},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRPRI11#fundo","2026-08-25","2026-07",{"@type":237,"name":28,"identifier":264},{"@type":265,"propertyID":266,"value":267},"PropertyValue","CNPJ","12.461.756\u002F0001-17",{"@type":237,"name":178},{"@type":270,"@id":260,"name":21,"alternateName":271,"url":272,"category":157,"identifier":273,"provider":277},"InvestmentFund",[22,19],"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FRPRI11",[274,276],{"@type":265,"propertyID":275,"value":22},"Ticker B3",{"@type":265,"propertyID":266,"value":25},{"@type":237,"name":28,"identifier":278},{"@type":265,"propertyID":266,"value":267},{"@type":280,"@id":255,"itemListElement":281},"BreadcrumbList",[282,285,288,289],{"@type":283,"position":15,"name":284,"item":240},"ListItem","Início",{"@type":283,"position":202,"name":286,"item":287},"FIIs","https:\u002F\u002Fwww.kartac.com.br\u002Franking",{"@type":283,"position":215,"name":22,"item":272},{"@type":283,"position":290,"name":5,"item":231},4,{"atualizado_em":292,"frases":293},"2026-11-05",[294,295,296,297,298],"Relatório Gerencial do RBR Premium Recebíveis Imobiliários (RPRI11), fundo imobiliário de papel, referente a julho de 2026, com entrega no FundosNet (B3) em 25\u002F08\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do RPRI11 fechou a R$ 66,38, com P\u002FVP de 0,66 (valor patrimonial de R$ 100,67 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,90 por cota, com pagamento em nov\u002F2026, e o dividend yield dos últimos 12 meses é de 16,79% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 349,5 milhões no informe mensal de setembro de 2026.","Os indicadores são os mais recentes da base do Kartac, não os do período do documento."]