[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"documento:SNME11:22274":3,"seo:\u002Fdetalhes\u002FSNME11\u002Fdocumentos\u002F22274":16,"fii-documento:SNME11":96},{"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},22274,"(SNME) Relatório Gerencial - 30\u002F09\u002F2026","Relatório Gerencial","Relatórios","(Ativo)","\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_0_Picture_0.jpeg\">\u003C\u002Fp>\u003Cp>DY ANUALIZADO\u003C\u002Fp>\u003Cp>13,73%\u003C\u002Fp>\u003Cp>base cota mercado\u003C\u002Fp>\u003Cp>DISTRIBUIÇÃO\u002FCOTA\u003C\u002Fp>\u003Cp>R$ 0,10\u003C\u002Fp>\u003Cp>PATRIMÔNIO LÍQUIDO\u003C\u002Fp>\u003Cp>R$ 171 MM\u003C\u002Fp>\u003Cp>40 Ativos – 5 CRIs + 33 FIIs\u002FAções\u003C\u002Fp>\u003Ch2>ÍNDICE\u003C\u002Fh2>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>Resumo Executivo\u003Cbr>· · · · · · · · · · · · · · ·\u003C\u002Fth>\u003Cth>03\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Carta do Gestor\u003Cbr>· · · · · · · · · · · · · · ·\u003C\u002Ftd>\u003Ctd>04\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Cenário Macroeconômico\u003Cbr>· · · · · · · · · · · · · · ·\u003C\u002Ftd>\u003Ctd>05\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resumo da Carteira\u003Cbr>· · · · · · · · · · · · · · ·\u003C\u002Ftd>\u003Ctd>06\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Detalhamento dos Ativos\u003Cbr>· · · · · · · · · · · · · · ·\u003C\u002Ftd>\u003Ctd>08\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Monitoramento dos Ativos\u003Cbr>· · · · · · · · · · · · · · ·\u003C\u002Ftd>\u003Ctd>09\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Informações Contábeis\u003Cbr>· · · · · · · · · · · · · · ·\u003C\u002Ftd>\u003Ctd>10\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Rentabilidade\u003Cbr>· · · · · · · · · · · · · · ·\u003C\u002Ftd>\u003Ctd>11\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Suno Asset \u002F FAQ\u003Cbr>· · · · · · · · · · · · · · ·\u003C\u002Ftd>\u003Ctd>12\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Ci> Relatório Gerencial SNME11 — Setembro\u002F2026 \u003C\u002Fi>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_1_Picture_3.jpeg\">\u003C\u002Fp>\u003Ch3>RESUMO EXECUTIVO\u003C\u002Fh3>\u003Cp>\u003C\u002Fp>\u003Cp>Gestora\u003C\u002Fp>\u003Cp>Suno Gestora de Recursos LTDA\u003C\u002Fp>\u003Cp>Administrador\u003C\u002Fp>\u003Cp>BTG Pactual Serviços Financeiros S.A.\u003C\u002Fp>\u003Cp>Início do Fundo\u003C\u002Fp>\u003Cp>Outubro\u002F2021\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_2_Figure_8.jpeg\">\u003C\u002Fp>\u003Cp>A distribuição referente a setembro foi de R$ 0,10\u002Fcota, representando um Dividend Yield anualizado de 13,73%. O fundo encerrou o mês com cota de mercado a R$ 9,28 e patrimonial a R$ 9,78, resultando em P\u002FVP de 0,95x. O yield médio da carteira de CRIs é de 19,00%, com uma Duration de 1,4 anos.\u003C\u002Fp>\u003Cp>No mês de agosto foi iniciada a 3ª emissão de cotas do SNME11, em continuação ao movimento de consolidação do SNFF11 e KISU11. Mais detalhes e prazos serão divulgados pelos respectivos fundos ao longo do mês de setembro e outubro.\u003C\u002Fp>\u003Cp>Histórico de Distribuições (12 meses)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_2_Figure_12.jpeg\">\u003C\u002Fp>\u003Cp>Base de Cotistas\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_2_Figure_14.jpeg\">\u003C\u002Fp>\u003Cp>Distribuição por cota R$ 0,10 D.Y. Anualizado 13,73% D.Y. 12 meses 16,38% Duration Ponderada da Carteira 1,4 anos Cota Patrimonial R$ 9,78 Alfa vs Benchmark 9,99% Cota de Mercado R$ 9,28 9.880 Número de cotistas Yield Médio da Carteira 19,00% Patrimônio Líquido R$ 170,70 MM P\u002FVP 0,95 LTV Médio Ponderado 64,85%\u003C\u002Fp>\u003Cp>\u003Cb> 0 3 S N M E 1 1 - S U N O A S S E T \u003C\u002Fb>\u003C\u002Fp>\u003Ch3>CARTA DO GESTOR\u003C\u002Fh3>\u003Cp>O SNME11 encerrou o mês de setembro com resultado distribuível de R$ 0,1020 por cota. Foram \u003Cb> provisionados R$ 0,1000 por cota, distribuídos em 26\u002F10\u002F2026 \u003C\u002Fb>, permanecendo R$ 0,1240 por cota em reserva acumulada distribuível. O dividend yield anualizado ficou em 13,73%.\u003C\u002Fp>\u003Cp>Setembro marcou o avanço da 3ª emissão de cotas do SNME11, com captação de aproximadamente R$ 100 milhões, resultando em um patrimônio líquido no final de setembro de \u003Cb> R$ 170,7 milhões \u003C\u002Fb>. O próximo mês será marcado por um aumento relevante no patrimônio líquido do Fundo, derivado, principalmente, da concretização da consolidação do SNFF11 e KISU11.\u003C\u002Fp>\u003Cp>A carteira encerrou o mês com 40 ativos, sendo 5 CRIs e 33 FIIs e ações, ante 28 em agosto. Na ponta de crédito entraram os CRI MRV II, MZM IV e URBA, levando o yield médio ponderado da carteira de CRI a 19,00% a.a., com duration de 1,4 anos e LTV médio ponderado de 64,85%. A carteira final do fundo pós consolidação será apresentada nos relatórios subsequentes, após o encerramento da 3ª emissão de cotas do SNME11.\u003C\u002Fp>\u003Cp>O Fundo encerrou o mês com aproximadamente 39% do patrimônio em caixa. Com a Selic em 13,75%, esse caixa segue bem remunerado enquanto aguarda alocação, e pretendemos empregá-lo, à medida que o processo avance, em oportunidades que reúnam margem de segurança, potencial de retorno diferenciado e carrego adequado.\u003C\u002Fp>\u003Cp>O SNME11 apresentou retorno total patrimonial de \u003Cb> +2,49% \u003C\u002Fb> no mês, ante \u003Cb> −0,20% \u003C\u002Fb> do IFIX e \u003Cb> +1,42% \u003C\u002Fb> do IPCA + Yield IMA-B. Desde set\u002F23, o Fundo acumula alfa de 9,99% sobre o IPCA + Yield IMA-B e de 34,67% sobre o IFIX. A carteira encerrou o período alocada em CRIs (16%), FIIs (44%), ações (1%) e caixa (39%).\u003C\u002Fp>\u003Cp>\u003Cb> S N M E 11 - S U N O A S S E T 0 4 \u003C\u002Fb>\u003C\u002Fp>\u003Ch3>CENÁRIO MACRO\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_4_Figure_2.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_4_Figure_3.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_4_Figure_4.jpeg\">\u003C\u002Fp>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Selic (vigente)\u003C\u002Ftd>\u003Ctd>14,00%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IPCA (2026e)\u003C\u002Ftd>\u003Ctd>5,0%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Câmbio (R$\u002FUSD media do período)\u003C\u002Ftd>\u003Ctd>R$ 5,19\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PIB Brasil (2026e)\u003C\u002Ftd>\u003Ctd>1,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Desemprego (2026e)\u003C\u002Ftd>\u003Ctd>5,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Dívida Bruta (%PIB)\u003C\u002Ftd>\u003Ctd>83,3%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch5>Cenários para a Trajetória da Taxa Selic (% a.a.)\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_4_Figure_7.jpeg\">\u003C\u002Fp>\u003Cp>Fonte: Gustavo Sung – Economista-chefe da Suno Research\u003C\u002Fp>\u003Cp>SNMEII - SUNO ASSET 05\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Ch3>RESUMO DA CARTEIRA\u003C\u002Fh3>\u003Ch5>Diversificação por Emissor\u003C\u002Fh5>\u003Cp>O fundo possui uma carteira com 40 ativos, sendo eles 5 CRIs e 33 FIIs\u002FAções. Atualmente a maior exposição do fundo está em FIIs com 44% da carteira, seguida pela posição em Caixa com 39% e CRIs com 16%. Entendemos que esse posicionamento tende a beneficiar o fundo em uma eventual queda da Selic. Além disso, o fundo tem realizado giros pontuais de carteira buscando destravar ganhos e gerar liquidez.\u003C\u002Fp>\u003Cp>\u003Cb> 40 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Ativos na Carteira \u003C\u002Fb>\u003C\u002Fp>\u003Cp>5 CRIs + 33 FIIs\u002FAções\u003C\u002Fp>\u003Cp>\u003Cb> 64,85% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> LTV Médio Ponderado \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Carteira conservadora\u003C\u002Fp>\u003Cp>\u003Cb> R$ 170,70 MM \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Patrimônio Líquido \u003C\u002Fb>\u003C\u002Fp>\u003Cp>VM: R$ 161,96 MM\u003C\u002Fp>\u003Cp>\u003Cb> +9,99% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Alfa vs Benchmark \u003C\u002Fb>\u003C\u002Fp>\u003Cp>IPCA + Yield IMA-B\u003C\u002Fp>\u003Cp>\u003Cb> 19,00% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Yield Pond. CRIs \u003C\u002Fb>\u003C\u002Fp>\u003Cp>HTM: 19,00%\u003C\u002Fp>\u003Cp>\u003Cb> 0,95 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> P\u002FVP \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Cota R$ 9,28 \u002F VP R$ 9,78\u003C\u002Fp>\u003Cp>FII: \u003Cb> 44% \u003C\u002Fb> | CRI: \u003Cb> 16% \u003C\u002Fb> | Ações: \u003Cb> 1% \u003C\u002Fb> | Caixa: \u003Cb> 39% \u003C\u002Fb>\u003C\u002Fp>\u003Ch5>\u003Cb> ALOCAÇÕES POR ATIVO (% PL) \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Compromissada CDI + 2%\u003C\u002Fth>\u003Cth>6,89%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>Alianza Renda+\u003C\u002Fth>\u003Ctd>5,86%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Cth>CRI MZM IV\u003C\u002Fth>\u003Cth>5,49%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>CPLG11\u003C\u002Fth>\u003Cth>4,74%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>SNEL11\u003C\u002Fth>\u003Cth>3,22%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>CRI URBA\u003C\u002Fth>\u003Cth>2,98%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>TRXY11\u003C\u002Fth>\u003Cth>2,35%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>CRI MRV III\u003C\u002Fth>\u003Cth>2,31%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>IBBP11\u003C\u002Fth>\u003Cth>1,79%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>CXCO11\u003C\u002Fth>\u003Cth>1,75%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>SNFZ11\u003C\u002Fth>\u003Cth>1,73%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>CRI VANGUARDA\u003C\u002Fth>\u003Cth>1,70%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>RBRP11\u003C\u002Fth>\u003Cth>1,67%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>IRIM11\u003C\u002Fth>\u003Cth>1,42%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>CRI BIT Série 2\u003C\u002Fth>\u003Cth>1,32%\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth>CRI Mitre 2024\u003C\u002Fth>\u003Cth>1,31%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch5>\u003Cb> EXPOSIÇÃO POR TIPO DE ATIVO \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_5_Figure_27.jpeg\">\u003C\u002Fp>\u003Ch3>RESUMO DA CARTEIRA\u003C\u002Fh3>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_6_Figure_2.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_6_Figure_3.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_6_Figure_4.jpeg\">\u003C\u002Fp>\u003Ch5>CONCENTRAÇÃO MÉDIA DO SNME (CRIs)\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_6_Figure_6.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> 0 7 S N M E 1 1 - S U N O A S S E T \u003C\u002Fb>\u003C\u002Fp>\u003Ch2>DETALHAMENTO DOS ATIVOS\u003C\u002Fh2>\u003Cp>Carteira de CRIs, FIIs e Ações — Setembro\u002F2026\u003C\u002Fp>\u003Ch5>\u003Cb> CRIs \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Perfil\u003C\u002Fth>\u003Cth>Rating\u003C\u002Fth>\u003Cth>Indexador\u003C\u002Fth>\u003Cth>Yield HTM\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003Cth>LTV\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI MRV II\u003C\u002Ftd>\u003Ctd>Corporativo\u003C\u002Ftd>\u003Ctd>A3\u003C\u002Ftd>\u003Ctd>IPCA + 13%\u003C\u002Ftd>\u003Ctd>12,61%\u003C\u002Ftd>\u003Ctd>0,69%\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI VANGUARDA\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>D\u003C\u002Ftd>\u003Ctd>INCC + 11%\u003C\u002Ftd>\u003Ctd>11,80%\u003C\u002Ftd>\u003Ctd>1,70%\u003C\u002Ftd>\u003Ctd>52%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI BIT Série 2\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>A3\u003C\u002Ftd>\u003Ctd>CDI + 6%\u003C\u002Ftd>\u003Ctd>5,50%\u003C\u002Ftd>\u003Ctd>1,32%\u003C\u002Ftd>\u003Ctd>60%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI MZM IV\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>A4\u003C\u002Ftd>\u003Ctd>IPCA + 13%\u003C\u002Ftd>\u003Ctd>12,95%\u003C\u002Ftd>\u003Ctd>5,49%\u003C\u002Ftd>\u003Ctd>70%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI URBA\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>A2\u003C\u002Ftd>\u003Ctd>IPCA + 11%\u003C\u002Ftd>\u003Ctd>10,81%\u003C\u002Ftd>\u003Ctd>2,98%\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch5>\u003Cb> FIIs \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Setor\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Alianza Renda+\u003C\u002Ftd>\u003Ctd>Papel\u003C\u002Ftd>\u003Ctd>5,86%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CPLG11\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>4,74%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>SNEL11\u003C\u002Ftd>\u003Ctd>Energia\u003C\u002Ftd>\u003Ctd>3,22%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TRXY11\u003C\u002Ftd>\u003Ctd>Papel\u003C\u002Ftd>\u003Ctd>2,35%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IBBP11\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>1,79%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CXCO11\u003C\u002Ftd>\u003Ctd>Lajes Corp.\u003C\u002Ftd>\u003Ctd>1,75%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>SNFZ11\u003C\u002Ftd>\u003Ctd>Agro\u003C\u002Ftd>\u003Ctd>1,73%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RBRP11\u003C\u002Ftd>\u003Ctd>Lajes Corp.\u003C\u002Ftd>\u003Ctd>1,67%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IRIM11\u003C\u002Ftd>\u003Ctd>Híbrido\u003C\u002Ftd>\u003Ctd>1,42%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VRTM11\u003C\u002Ftd>\u003Ctd>Híbrido\u003C\u002Ftd>\u003Ctd>1,20%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PCIP11\u003C\u002Ftd>\u003Ctd>Papel\u003C\u002Ftd>\u003Ctd>1,03%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TGAR11\u003C\u002Ftd>\u003Ctd>Híbrido\u003C\u002Ftd>\u003Ctd>0,72%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PSEC11\u003C\u002Ftd>\u003Ctd>Híbrido\u003C\u002Ftd>\u003Ctd>0,58%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>MCLO11\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>0,31%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LVBI11\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>0,30%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cb> S N M E 1 1 - S U N O A S S E T 0 8 \u003C\u002Fb>\u003C\u002Fp>\u003Ch2>MONITORAMENTO DOS ATIVOS\u003C\u002Fh2>\u003Ch5>\u003Cb> EVOLUÇÃO FÍSICA DAS OBRAS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_8_Figure_2.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> INADIMPLÊNCIA DA CARTEIRA DE RECEBÍVEIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_8_Figure_4.jpeg\">\u003C\u002Fp>\u003Ch5>\u003Cb> ANDAMENTO DA CARTEIRA DE RECEBÍVEIS \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_8_Figure_6.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cb> S N M E 1 1 - S U N O A S S E T 0 9 \u003C\u002Fb>\u003C\u002Fp>\u003Ch2>INFORMAÇÕES CONTÁBEIS\u003C\u002Fh2>\u003Cp>\u003Cb> R$ 1,10 MM \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Receita Total \u003C\u002Fb>\u003C\u002Fp>\u003Cp>FIIs + RF + Ações no mês\u003C\u002Fp>\u003Cp>\u003Cb> R$ 0,102 \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Resultado\u002FCota \u003C\u002Fb>\u003C\u002Fp>\u003Cp>resultado líquido no mês\u003C\u002Fp>\u003Cp>\u003Cb> -R$ 0,11 MM \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Despesas \u003C\u002Fb>\u003C\u002Fp>\u003Cp>taxa + custos operacionais\u003C\u002Fp>\u003Cp>\u003Cb> R$ 0,10\u002Fcota \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Distribuição \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Distribuição realizada no dia 26\u002F10\u003C\u002Fp>\u003Cp>\u003Cb> R$ 0,99 MM \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Resultado Final \u003C\u002Fb>\u003C\u002Fp>\u003Cp>R$ 0,0567\u002Fcota*\u003C\u002Fp>\u003Cp>\u003Cb> R$ 2,16 MM \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cb> Reserva Acumulada \u003C\u002Fb>\u003C\u002Fp>\u003Cp>reserva: R$ 0,1240\u002Fcota\u003C\u002Fp>\u003Ch5>\u003Cb> DEMONSTRAÇÃO DE RESULTADO — JUL\u002F26 A SET\u002F26 \u003C\u002Fb>\u003C\u002Fh5>\u003Ctable>\u003Ctbody>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth>\u003C\u002Fth>\u003Cth rowspan=\"3\">SET\u002F26\u003Cbr>R$ 704.109\u003C\u002Fth>\u003Cth rowspan=\"3\">R$\u002FCota (SET)\u003Cbr>R$ 0,040\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Cth rowspan=\"2\">Book de FIIs\u003C\u002Fth>\u003Cth rowspan=\"2\">JUL\u002F26\u003Cbr>R$ 584.619\u003C\u002Fth>\u003Cth rowspan=\"2\">AGO\u002F26\u003Cbr>R$ 630.067\u003C\u002Fth>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Rendimento de FIIs\u003C\u002Ftd>\u003Ctd>R$ 543.659\u003C\u002Ftd>\u003Ctd>R$ 526.397\u003C\u002Ftd>\u003Ctd>R$ 446.836\u003C\u002Ftd>\u003Ctd>R$ 0,026\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ganho de Capital\u003C\u002Ftd>\u003Ctd>R$ 51.575\u003C\u002Ftd>\u003Ctd>R$ 129.625\u003C\u002Ftd>\u003Ctd>R$ 321.591\u003C\u002Ftd>\u003Ctd>R$ 0,018\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IR de Ganho de Capital\u003C\u002Ftd>\u003Ctd>-R$ 10.615\u003C\u002Ftd>\u003Ctd>-R$ 25.954\u003C\u002Ftd>\u003Ctd>-R$ 64.318\u003C\u002Ftd>\u003Ctd>-R$ 0,004\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Outras Receitas\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Book de Ações\u003C\u002Ftd>\u003Ctd>R$ 2.033\u003C\u002Ftd>\u003Ctd>R$ 1.804\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Dividendos e JCP\u003C\u002Ftd>\u003Ctd>R$ 175\u003C\u002Ftd>\u003Ctd>R$ 1.804\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ganho de Capital\u003C\u002Ftd>\u003Ctd>R$ 1.858\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IR de Ganho de Capital\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Book de Renda Fixa\u003C\u002Ftd>\u003Ctd>R$ 3.152.966\u003C\u002Ftd>\u003Ctd>R$ 201.465\u003C\u002Ftd>\u003Ctd>R$ 392.547\u003C\u002Ftd>\u003Ctd>R$ 0,022\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Juros\u003C\u002Ftd>\u003Ctd>R$ 95.299\u003C\u002Ftd>\u003Ctd>R$ 34.906\u003C\u002Ftd>\u003Ctd>R$ 107.237\u003C\u002Ftd>\u003Ctd>R$ 0,006\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ganho de Capital\u003C\u002Ftd>\u003Ctd>R$ 2.944.840\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Caixa\u003C\u002Ftd>\u003Ctd>R$ 162.081\u003C\u002Ftd>\u003Ctd>R$ 205.250\u003C\u002Ftd>\u003Ctd>R$ 356.125\u003C\u002Ftd>\u003Ctd>R$ 0,020\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IR\u003C\u002Ftd>\u003Ctd>-R$ 49.254\u003C\u002Ftd>\u003Ctd>-R$ 38.691\u003C\u002Ftd>\u003Ctd>-R$ 70.815\u003C\u002Ftd>\u003Ctd>-R$ 0,004\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas\u003C\u002Ftd>\u003Ctd>-R$ 66.954\u003C\u002Ftd>\u003Ctd>-R$ 117.445\u003C\u002Ftd>\u003Ctd>-R$ 107.815\u003C\u002Ftd>\u003Ctd>-R$ 0,006\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxa de Administração\u003C\u002Ftd>\u003Ctd>-R$ 21.998\u003C\u002Ftd>\u003Ctd>-R$ 21.997\u003C\u002Ftd>\u003Ctd>-R$ 21.996\u003C\u002Ftd>\u003Ctd>-R$ 0,001\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxa de Gestão\u003C\u002Ftd>\u003Ctd>-R$ 35.739\u003C\u002Ftd>\u003Ctd>-R$ 51.960\u003C\u002Ftd>\u003Ctd>-R$ 52.540\u003C\u002Ftd>\u003Ctd>-R$ 0,003\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxa de Performance\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Outras Receitas e Despesas Operacionais\u003C\u002Ftd>\u003Ctd>-R$ 9.217\u003C\u002Ftd>\u003Ctd>-R$ 43.489\u003C\u002Ftd>\u003Ctd>-R$ 33.278\u003C\u002Ftd>\u003Ctd>-R$ 0,002\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RESULTADO\u003C\u002Ftd>\u003Ctd>R$ 3.672.664\u003C\u002Ftd>\u003Ctd>R$ 715.891\u003C\u002Ftd>\u003Ctd>R$ 988.841\u003C\u002Ftd>\u003Ctd>R$ 0,057\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado (R$\u002FCota) – SNME11 – Cotas livres*\u003C\u002Ftd>\u003Ctd>R$ 0,50\u003C\u002Ftd>\u003Ctd>R$ 0,10\u003C\u002Ftd>\u003Ctd>R$ 0,102\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>DISTRIBUIÇÃO\u003C\u002Ftd>\u003Ctd>R$ 741.824\u003C\u002Ftd>\u003Ctd>R$ 741.824\u003C\u002Ftd>\u003Ctd>R$ 1.745.210\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>DISTRIBUIÇÃO (R$\u002FCota)\u003C\u002Ftd>\u003Ctd>R$ 0,10\u003C\u002Ftd>\u003Ctd>R$ 0,10\u003C\u002Ftd>\u003Ctd>R$ 0,10\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Acumulado (R$\u002FCota)\u003C\u002Ftd>\u003Ctd>R$ 0,40\u003C\u002Ftd>\u003Ctd>R$ 0,39\u003C\u002Ftd>\u003Ctd>R$ 0,12\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>\u003Cb> RETORNO TOTAL 51,32% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003C\u002Fp>\u003Cp>\u003Cb> ALFA VS IPCA + YIELD DO IMA-B 9,99% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>Benchmark do fundo\u003C\u002Fp>\u003Cp>\u003Cb> ALFA VS IFIX 34,67% \u003C\u002Fb>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_10_Figure_7.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_10_Figure_8.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_2.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_3.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_4.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_5.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_6.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_7.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_8.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_9.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_10.jpeg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_11.jpeg\">\u003C\u002Fp>\u003Ch4>SAIBA MAIS\u003C\u002Fh4>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_13.jpeg\">\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u002F>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"Figura do documento\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F22274\u002F_page_11_Picture_16.jpeg\">\u003C\u002Fp>\u003Ch4>FAQ\u003C\u002Fh4>\u003Ch5>\u003Cb> O que é o SNME11? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>FII multiestratégia da Suno Asset que combina crédito imobiliário estruturado (CRIs), cotas de FIIs e ações, buscando renda recorrente com proteção inflacionária.\u003C\u002Fp>\u003Ch5>\u003Cb> Como o fundo ganha dinheiro? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Juros e correção monetária dos CRIs (IPCA, CDI, INCC), rendimentos dos FIIs investidos e eventuais ganhos de capital.\u003C\u002Fp>\u003Ch5>\u003Cb> Há tributação sobre os rendimentos? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Para pessoa física, os rendimentos são isentos de IR, conforme a legislação dos FIIs. O ganho de capital na venda é tributado em 20%.\u003C\u002Fp>\u003Ch5>\u003Cb> Qual é a estratégia atual do fundo? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>CRIs (yield HTM ponderado de 19,00% a.a.) e FIIs (44% do PL), com foco em alfa sobre IPCA + Yield IMA-B. LTV médio de 64,85%.\u003C\u002Fp>\u003Ch5>\u003Cb> O que é a fusão com o SNFF11 e com o KISU11? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Aprovada em AGE, a consolidação de KISU11 e SNFF11 no SNME11 elevará o PL para mais de R$ 800 MM. Prevista para o 2S26.\u003C\u002Fp>\u003Ch5>\u003Cb> Onde o fundo investe? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Em 5 CRIs pulverizados indexados à inflação e ao CDI, além de 33 FIIs e ações de segmentos como logística, papel, híbrido, lajes corporativas e shoppings.\u003C\u002Fp>\u003Ch5>\u003Cb> As cotas têm liquidez? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Sim. Negociadas diariamente na B3 (código: SNME11), com volume médio diário de R$ 415 mil e 9.880 cotistas em set\u002F26.\u003C\u002Fp>\u003Ch5>\u003Cb> Como funciona a distribuição de rendimentos? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Pagamentos mensais. Em set\u002F26, a distribuição foi de R$ 0,10\u002Fcota, com DY anualizado de 13,73% e DY 12 meses de 16,38%.\u003C\u002Fp>\u003Ch5>\u003Cb> O que significa P\u002FVP? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>Relação entre preço de mercado e valor patrimonial da cota. Em set\u002F26, o fundo negocia a 0,95x (cota mercado R$ 9,28 vs. patrimonial R$ 9,78), sem prêmio ou desconto relevante.\u003C\u002Fp>\u003Ch5>\u003Cb> Onde acessar relatórios e informações oficiais? \u003C\u002Fb>\u003C\u002Fh5>\u003Cp>No site da Suno Asset: suno.com.br\u002Fasset\u002Ffundos\u002Fsnme11\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FSNME11\u002Fdocumentos\u002F22274\u002Fpdf",false,"https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1362899","2026-09-30","2026-10-29 18:21:00",1,{"title":17,"description":18,"canonical":19,"image":20,"json_ld":21,"nome":46,"resumo":88},"Relatório Gerencial SNME11 de setembro de 2026 | Kartac","Relatório Gerencial de setembro de 2026 do SNME11 (Suno Multiestratégia), entrega em 29\u002F10\u002F2026. DY 12 meses de 14,73% e P\u002FVP 0,95 em 04\u002F11\u002F2026.","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FSNME11\u002Fdocumentos\u002F22274","https:\u002F\u002Fwww.kartac.com.br\u002Fimages\u002Fog.png",{"@context":22,"@graph":23},"https:\u002F\u002Fschema.org",[24,30,35,44,59,74],{"@type":25,"@id":26,"name":27,"url":28,"logo":29},"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":31,"@id":32,"name":27,"url":28,"inLanguage":33,"publisher":34},"WebSite","https:\u002F\u002Fwww.kartac.com.br\u002F#site","pt-BR",{"@id":26},{"@type":36,"@id":37,"url":19,"name":17,"description":18,"inLanguage":33,"isPartOf":38,"dateModified":39,"mainEntity":40,"breadcrumb":42},"WebPage","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FSNME11\u002Fdocumentos\u002F22274#pagina",{"@id":32},"2026-10-31",{"@id":41},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FSNME11\u002Fdocumentos\u002F22274#documento",{"@id":43},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FSNME11\u002Fdocumentos\u002F22274#migalhas",{"@type":45,"@id":41,"name":46,"alternateName":5,"url":19,"inLanguage":33,"about":47,"genre":7,"datePublished":49,"temporalCoverage":50,"author":51,"publisher":57,"isBasedOn":12},"Report","Relatório Gerencial SNME11 de setembro de 2026",{"@id":48},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FSNME11#fundo","2026-10-29","2026-09",{"@type":25,"name":52,"identifier":53},"SUNO GESTORA DE RECURSOS LTDA",{"@type":54,"propertyID":55,"value":56},"PropertyValue","CNPJ","11.304.223\u002F0001-69",{"@type":25,"name":58},"BTG PACTUAL SERVICOS FINANCEIROS S.A. DISTRIBUIDOR",{"@type":60,"@id":48,"name":61,"alternateName":62,"url":65,"category":66,"identifier":67,"provider":72},"InvestmentFund","Suno Multiestratégia",[63,64],"SNME11","SUNO MULTIESTRATÉGIA FUNDO DE INVESTIMENTO IMOBILIÁRIO RESPONSABILIDADE LIMITADA","https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FSNME11","Fundo de fundos",[68,70],{"@type":54,"propertyID":69,"value":63},"Ticker B3",{"@type":54,"propertyID":55,"value":71},"52.227.760\u002F0001-30",{"@type":25,"name":52,"identifier":73},{"@type":54,"propertyID":55,"value":56},{"@type":75,"@id":43,"itemListElement":76},"BreadcrumbList",[77,80,84,86],{"@type":78,"position":15,"name":79,"item":28},"ListItem","Início",{"@type":78,"position":81,"name":82,"item":83},2,"FIIs","https:\u002F\u002Fwww.kartac.com.br\u002Franking",{"@type":78,"position":85,"name":63,"item":65},3,{"@type":78,"position":87,"name":5,"item":19},4,{"atualizado_em":89,"frases":90},"2026-11-05",[91,92,93,94,95],"Relatório Gerencial do Suno Multiestratégia (SNME11), fundo imobiliário de fundos (FoF), referente a setembro de 2026, com entrega no FundosNet (B3) em 29\u002F10\u002F2026.","No pregão de 04\u002F11\u002F2026, a cota do SNME11 fechou a R$ 9,30, com P\u002FVP de 0,95 (valor patrimonial de R$ 9,78 por cota no informe mensal de setembro de 2026).","O último rendimento foi de R$ 0,10 por cota, com pagamento em out\u002F2026, e o dividend yield dos últimos 12 meses é de 14,73% sobre a cotação de 04\u002F11\u002F2026.","O patrimônio líquido era de R$ 170,7 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":97,"empresa":98,"gestor":102,"cotacoes":108,"patrimonio":215,"vpa":216,"p_vpa":217,"tipo_gestao":218,"mandato":219,"segmento":220,"categoria":66,"grupo":66,"preco_atual":192,"cotacao_atualizada_em":221,"ultima_variacao_cotacao_24h":222,"variacao_cotacao_7d":223,"variacao_cotacao_1m":224,"variacao_cotacao_3m":225,"variacao_cotacao_6m":226,"variacao_cotacao_12m":227,"vacancia_fisica":219,"liquidez_atual":228,"ultimo_dividendo":229,"ultimo_dividend_yield":230,"mes_pagamento_ultimo_dividendo":231,"dividend_yield_3m":232,"dividend_yield_6m":233,"dividend_yield_12m":234,"dividend_yield_medio_12m":235,"qtd_dividendos_pagos_ano_passado":236,"data_ultima_cotacao":213,"pregoes_com_negocio_21":237,"alertas":238,"updated_at":239,"liquidez_media_reais":240,"administrador":58,"taxa_administracao_paga":241,"balanco":242,"resultado_distribuido":248,"publico_alvo":253,"mercados_negociacao_cotas":254,"data_funcionamento":256,"data_final":219,"quantidade_cotas":257,"quantidade_cotistas":258,"detalhes_cotistas":259,"total_investido":263,"investimentos_fundo":264,"imoveis":267,"contratos":219,"custodiante":269,"auditor_independente":275,"formador_mercado":219,"distribuidor_cotas":219,"consultor_especializado":219,"administrador_locacoes":219,"relatorio_anual":282,"analise_administrador":285},450,{"nome":64,"nome_simplificado":99,"nome_comercial":61,"ticker":63,"nome_ticker":100,"nome_pregao":101,"cnpj":71},"SUNO MULTIESTRATÉGIA  RESPONSABILIDADE LIMITADA","SNME11 - SUNO MULTIESTRATÉGIA FUNDO DE INVESTIMENTO IMOBILIÁRIO RESPONSABILIDADE LIMITADA","FII SNME",{"id":103,"nome":52,"cnpj":104,"endereco":105,"telefone":106,"created_at":107,"updated_at":107},152,"11304223000169","AV PRES JUSCELINO KUBITSCHEK, 2041, BL D AND 23 COND W TORRE JK - VILA NOVA CONCEICA, SAO PAULO - SP - 04543-011","(11) 996648349","2026-10-03T19:10:40.000000Z",[109,115,120,125,130,135,140,144,149,155,161,167,172,178,183,189,195,200,206,211],{"id":110,"data":111,"abertura":112,"ultimo":113,"volume":114},3288932,"2026-10-06",9.42,9.5,15970,{"id":116,"data":117,"abertura":113,"ultimo":118,"volume":119},3289852,"2026-10-07",9.44,28785,{"id":121,"data":122,"abertura":113,"ultimo":123,"volume":124},3290299,"2026-10-08",9.52,15123,{"id":126,"data":127,"abertura":128,"ultimo":113,"volume":129},3291147,"2026-10-09",9.58,17287,{"id":131,"data":132,"abertura":128,"ultimo":133,"volume":134},3356997,"2026-10-13",9.53,14591,{"id":136,"data":137,"abertura":138,"ultimo":128,"volume":139},3375730,"2026-10-14",9.61,11831,{"id":141,"data":142,"abertura":128,"ultimo":138,"volume":143},3376173,"2026-10-15",21788,{"id":145,"data":146,"abertura":133,"ultimo":147,"volume":148},3377188,"2026-10-16",9.56,8765,{"id":150,"data":151,"abertura":152,"ultimo":153,"volume":154},3445214,"2026-10-19",9.55,9.76,47445,{"id":156,"data":157,"abertura":158,"ultimo":159,"volume":160},3446578,"2026-10-20",9.72,9.71,12374,{"id":162,"data":163,"abertura":164,"ultimo":165,"volume":166},3459376,"2026-10-21",9.81,9.67,10338,{"id":168,"data":169,"abertura":170,"ultimo":138,"volume":171},3473765,"2026-10-22",9.7,19300,{"id":173,"data":174,"abertura":175,"ultimo":176,"volume":177},3488274,"2026-10-23",9.68,9.64,16896,{"id":179,"data":180,"abertura":113,"ultimo":181,"volume":182},3566274,"2026-10-26",9.31,32963,{"id":184,"data":185,"abertura":186,"ultimo":187,"volume":188},3580136,"2026-10-27",9.33,9.41,14329,{"id":190,"data":191,"abertura":192,"ultimo":193,"volume":194},3594478,"2026-10-28",9.3,9.22,15456,{"id":196,"data":49,"abertura":197,"ultimo":198,"volume":199},3609079,9.32,9.16,12253,{"id":201,"data":202,"abertura":203,"ultimo":204,"volume":205},3624870,"2026-10-30",9.1,9.05,9637,{"id":207,"data":208,"abertura":209,"ultimo":204,"volume":210},3682272,"2026-11-03",9.12,10676,{"id":212,"data":213,"abertura":204,"ultimo":192,"volume":214},3695610,"2026-11-04",21801,170695136.04,9.78,"0.95","Ativa",null,"Multicategoria","2026-11-05 09:00","0.0276","0.0153","-0.0211","-0.0148","-0.0106","-0.0064",586,"0.1000","0.0104","Out\u002F2026","0.0215","0.0720","0.1473","0.0119",12,21,[],"05\u002F11\u002F2026 06:00",169613.5,0.00961309146711298,{"data_referencia":243,"ativo":244,"passivo":245,"obrigacoes_imoveis":246,"obrigacoes_securitizacao":246,"liquidez":247,"valores_receber":246},"2026-09-01",183917155.22,13222019.18,0,80126399.87,{"data_referencia":249,"resultado":250,"rendimentos":251,"percentual":252},"2026-06-30",5728313.34,5712047.11,0.9971603805458031,"Investidores em Geral",[255],"Bolsa","2023-09-29",17452102,9880,{"Pessoa Física":260,"Pessoa jurídica não financeira":261,"Fundos de investimento imobiliário":262,"Investidores não residentes":81,"Outros fundos de investimento":81},9856,15,5,103790755.35,{"Cotas de FIIs":265,"CRI \u002F CRA":266},76819563.5,26971191.85,{"vacancia_total":246,"lista_imoveis":268,"data_referencia":249,"vacancia_suspeita":11},[],{"id":262,"nome":270,"cnpj":271,"endereco":272,"telefone":273,"created_at":274,"updated_at":274},"BANCO BTG PACTUAL S A","30306294000145","PR BOTAFOGO, 501, BLII SLO 501 BLC II SAL 601 - BOTAFOGO, RIO DE JANEIRO - RJ - 22250-911","(21) 32629600","2026-10-03T18:47:06.000000Z",{"id":276,"nome":277,"cnpj":278,"endereco":279,"telefone":280,"created_at":281,"updated_at":281},32,"PRICEWATERHOUSECOOPERS AUDITORES INDEPENDENTES LTDA","61562112000201","RUA DO RUSSEL, 00804, GLORIA, Rio de Janeiro – RJ","(11) 4004-8000","2026-10-03T18:52:00.000000Z",{"ano_referencia":283,"data_disponibilizacao":284},"2025","2026-03-30",{"ResultadoFundo":286,"ConjunturaEconomica":287,"PerspectivaPeriodoSeguinte":288},"O Fundo encerrou o exercício social com o valor da cota patrimonial em R$ 98,85.","Em 2025, o mercado imobiliário brasileiro apresentou um crescimento moderado, influenciado por juros ainda elevados, que limitaram o crédito, enquanto a demanda seguiu aquecida em função de políticas públicas, valorização dos imóveis acima da inflação e maior interesse dos compradores.","As perspectivas para 2026 apontam um mercado imobiliário ainda positivo, com tendência de aquecimento moderado, impulsionado sobretudo pela provável queda da Selic, maior acesso ao crédito e continuidade da demanda."]