[{"data":1,"prerenderedAt":-1},["ShallowReactive",2],{"documento:SNME11:8611":3,"seo:\u002Fdetalhes\u002FSNME11\u002Fdocumentos\u002F8611":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},8611,"(SNME) Relatório Gerencial - 29\u002F05\u002F2026","Relatório Gerencial","Relatórios","(Ativo)","\u003Ch3>SNME11\u003C\u002Fh3>\u003Ch3>R E L A T Ó R I O G E R E N C I A L\u003C\u002Fh3>\u003Cp>\u003Cstrong>MAIO 2026\u003C\u002Fstrong>\u003C\u002Fp>\u003Ch3>Í N D I C E\u003C\u002Fh3>\u003Cul>\u003Cli>\u003Cstrong>Resumo Executivo 03\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>Carta do Gestor \u003Cstrong>04\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>Cenário Macroeconômico \u003Cstrong>06\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>\u003Cstrong>Resumo da Carteira 07\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>Detalhamento dos Ativos 09\u003C\u002Fli>\u003Cli>\u003Cstrong>Informações Contábeis 10\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>Monitoramento dos Ativos \u003Cstrong>11\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>Resultado, Distribuição e Perspectivas · · · \u003Cstrong>12\u003C\u002Fstrong>\u003C\u002Fli>\u003Cli>Suno Asset \u002F FAQ \u003Cstrong>13\u003C\u002Fstrong>\u003C\u002Fli>\u003C\u002Ful>\u003Cp>Relatório Gerencial SNME11 — Maio\u002F2026\u003C\u002Fp>\u003Ch3>RESU MO EXECUTIVO\u003C\u002Fh3>\u003Cp>Gestora Suno Gestora de Recursos LTDA Administrador BTG Pactual Serviços Financeiros S.A. Início do Fundo Setembro\u002F2023\u003C\u002Fp>\u003Cp>20% s\u002F exceder IPCA + Yield IMA-B\u003C\u002Fp>\u003Cp>Taxa de Gestão\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_2_image_5.jpg\">\u003C\u002Fp>\u003Cp>0,79% a.a.\u003C\u002Fp>\u003Cp>Taxa de Administração 0,20% a.a.\u003C\u002Fp>\u003Cp>A distribuição referente a maio foi de R$ 0,15\u002Fcota, representando um Dividend Yield anualizado de 13,39%. O fundo encerrou o mês com cota de mercado a R$ 9,50 e patrimonial a R$ 9,43, resultando em P\u002FVP de 1,01x. O yield médio da carteira de CRIs, com uma Duration de 0,5 anos.\u003C\u002Fp>\u003Cp>Durante o mês corrente, foi concluída a Assembleia Geral Extraordinária do KISU11, que resultou na aprovação da consolidação do fundo pelo SNME11. Dessa forma, em conjunto com o SNFF11, o novo SNME11 deverá atingir, após ambas as fusões, patrimônio líquido superior a R$ 800 milhões. Clique aqui para acessar o Edital.\u003C\u002Fp>\u003Cp>Histórico de Distribuições (12 meses)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_2_chart_11.jpg\">\u003C\u002Fp>\u003Cp>Base de Cotistas\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_2_chart_13.jpg\">\u003C\u002Fp>\u003Cp>Distribuição por cota\u003C\u002Fp>\u003Cp>D.Y. 12 meses\u003C\u002Fp>\u003Cp>D.Y. Anualizado\u003C\u002Fp>\u003Cp>R$ 0,15\u003C\u002Fp>\u003Cp>15,58%\u003C\u002Fp>\u003Cp>20,68%\u003C\u002Fp>\u003Cp>P\u002FVP\u003C\u002Fp>\u003Cp>Cota de Mercado\u003C\u002Fp>\u003Cp>Cota Patrimonial\u003C\u002Fp>\u003Cp>1,01\u003C\u002Fp>\u003Cp>R$ 9,50\u003C\u002Fp>\u003Cp>R$ 9,43\u003C\u002Fp>\u003Cp>Yield Médio da Carteira\u003C\u002Fp>\u003Cp>Duration Ponderada da Carteira\u003C\u002Fp>\u003Cp>LTV Médio Ponderado\u003C\u002Fp>\u003Cp>19,07%\u003C\u002Fp>\u003Cp>0,5 anos\u003C\u002Fp>\u003Cp>54,94%\u003C\u002Fp>\u003Cp>Alfa vs Benchmark\u003C\u002Fp>\u003Cp>3,63%\u003C\u002Fp>\u003Cp>Patrimônio Líquido\u003C\u002Fp>\u003Cp>Número de cotistas\u003C\u002Fp>\u003Cp>R$ 69,98 MM\u003C\u002Fp>\u003Cp>7.492\u003C\u002Fp>\u003Ch2>CARTA DO GESTOR\u003C\u002Fh2>\u003Cp>$$ \\textsf { S U N O } \\Big ( \\textsf { A S S E T } \\Big ) $$\u003C\u002Fp>\u003Cp>O SNME11 encerrou o mês de maio com resultado distribuível de R$ 0,0883 por cota, e provisionamento de R$ 0,1500 por cota distribuídos em 25\u002F06\u002F2026, restando R$ 0,0429 em reserva acumulada distribuível total. O DY anualizado ficou em 18,96%.\u003C\u002Fp>\u003Cp>Em relação a distribuição de rendimentos, é esperado que o SNME11 distribua seu resultado recorrente nos próximos meses, sendo certo que toda reserva acumulada será distribuída anteriormente a finalização do evento de fusão\u002Fincorporação do SNFF11\u002FKISU11 pelo SNME11. Quaisquer novas informações serão prontamente divulgadas pelo Administrador e Gestor.\u003C\u002Fp>\u003Cp>Do lado das arbitragens, o SNME11 finalizou a execução da estratégia de long and short com o ativo RBVA11, que contribuiu com R$ 50 mil a título de ganho de capital. Ao longo deste semestre, a estratégia resultou em aproximadamente R$ 650 mil de ganho de capital, ou R$ 0,08 por cota, demonstrando a capacidade da Gestão de auferir retornos adicionais por meio de operações estruturadas e reforçando o mandato multiestratégia do Fundo.\u003C\u002Fp>\u003Cp>Do lado das movimentações, o SNME11 adquiriu cerca de R$ 3 milhões em cotas de RELG11, em vista da cisão e amortização do fundo aprovada em assembleia geral extraordinária. Considerando a posição adicional adquirida e a parcela que já integrava o portfólio do Fundo, espera-se que a finalização da operação tenha impacto positivo relevante para o SNME11. Mais detalhes serão divulgados no relatório gerencial referente ao mês de junho de 2026.\u003C\u002Fp>\u003Cp>Todas as movimentações no mês contribuíram com -R$ 50 mil de resultado.\u003C\u002Fp>\u003Cp>Em termos patrimoniais, o SNME11 teve retorno total de 0,33% no mês, versus -1,33% do IFIX e 1,19% do IPCA + Yield do IMA-B. O fundo encerrou o período com Alfa acumulado de 3,63% vs IPCA+Yield IMA-B e +19,78% vs IFIX desde set\u002F23. A carteira finalizou o mês com CRIs (12%), FIIs (68%) e caixa (19%).\u003C\u002Fp>\u003Cp>Na visão da gestão, a parcela em caixa será importante para os próximos meses, tendo em vista a volatilidade observada do mercado de renda variável neste 1S26. Com um volume robusto em liquidez, espera-se que o SNME11 consiga aproveitar este cenário para boas novas alocações, além de diminuir a volatilidade do valor patrimonial no curto prazo.\u003C\u002Fp>\u003Ch3>CENÁRIO MACRO\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_4_image_2.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_4_image_3.jpg\">\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Selic\u003C\u002Fth>\u003Cth>14,50%\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>IPCA (2026e)\u003C\u002Ftd>\u003Ctd>4,9%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Câmbio (R$\u002FUSD media do período)\u003C\u002Ftd>\u003Ctd>R$ 5,18\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PIB Brasil (2026e)\u003C\u002Ftd>\u003Ctd>1,8%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Desemprego (2026e)\u003C\u002Ftd>\u003Ctd>5,6%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Dívida Bruta (%PIB)\u003C\u002Ftd>\u003Ctd>83,2%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>Cenários para a Trajetória da Taxa Selic (% a.a.)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_4_chart_6.jpg\">\u003C\u002Fp>\u003Cp>Fonte: Gustavo Sung – Economista-chefe da Suno Research\u003C\u002Fp>\u003Ch2>RESU MO DA CARTEI RA\u003C\u002Fh2>\u003Ch3>Diversificação por Emissor\u003C\u002Fh3>\u003Cp>O fundo possui uma carteira com 31 ativos, sendo eles 5 CRIs e 26 FIIs\u002FAções. Atualmente a maior exposição do fundo está em FIIs com 68% da carteira, seguido pela posição em Caixa com 19% e CRIs com 12%. 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>\u003Cstrong>31\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Ativos na Carteira\u003C\u002Fstrong> 5 CRIs + 26 FIIs\u002FAções\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 69,98 MM\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Patrimônio Líquido\u003C\u002Fstrong> VM: R$ 70,47 MM\u003C\u002Fp>\u003Cp>\u003Cstrong>54,94%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>19,07%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>LTV Médio Ponderado\u003C\u002Fstrong> Carteira conservadora\u003C\u002Fp>\u003Cp>\u003Cstrong>+3,63%\u003C\u002Fstrong> IPCA + Yield IMA-B\u003C\u002Fp>\u003Cp>\u003Cstrong>Yield Pond. CRIs\u003C\u002Fstrong> HTM: 19,07%\u003C\u002Fp>\u003Cp>\u003Cstrong>+3,63%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>1,01\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>P\u002FVP\u003C\u002Fstrong> Cota R$ 9,50 \u002F VP R$ 9,43\u003C\u002Fp>\u003Cp>FII: \u003Cstrong>68%\u003C\u002Fstrong> | CRI: \u003Cstrong>12%\u003C\u002Fstrong> | Ações: \u003Cstrong>1%\u003C\u002Fstrong> | Caixa: \u003Cstrong>19%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>ALOCAÇÕES POR ATIVO (% PL)\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Alianza Renda+\u003C\u002Ftd>\u003Ctd>14,39%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RLGX11\u003C\u002Ftd>\u003Ctd>10,27%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TRXY11\u003C\u002Ftd>\u003Ctd>6,55%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IBBP11\u003C\u002Ftd>\u003Ctd>4,39%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RBRP11\u003C\u002Ftd>\u003Ctd>4,13%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IRIM11\u003C\u002Ftd>\u003Ctd>3,93%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI VANGUARDA\u003C\u002Ftd>\u003Ctd>3,79%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI BIT\u003C\u002Ftd>\u003Ctd>3,72%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CXCO11\u003C\u002Ftd>\u003Ctd>3,39%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI BIT Série 2\u003C\u002Ftd>\u003Ctd>3,23%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VRTM11\u003C\u002Ftd>\u003Ctd>3,17%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PCIP11\u003C\u002Ftd>\u003Ctd>2,89%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TGAR11\u003C\u002Ftd>\u003Ctd>2,42%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI ARPOADOR (SÊNIOR)\u003C\u002Ftd>\u003Ctd>1,74%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PSEC11\u003C\u002Ftd>\u003Ctd>1,65%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>INOI11\u003C\u002Ftd>\u003Ctd>1,61%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PATL11\u003C\u002Ftd>\u003Ctd>0,98%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>LVBI11\u003C\u002Ftd>\u003Ctd>0,83%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RBRX11\u003C\u002Ftd>\u003Ctd>0,83%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VGIP11\u003C\u002Ftd>\u003Ctd>0,81%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>EXPOSIÇÃO POR TIPO DE ATIVO\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_5_image_20.jpg\">\u003C\u002Fp>\u003Ch2>RESU MO DA CARTEI RA\u003C\u002Fh2>\u003Cp>EXPOSIÇÃO POR INDEXADOR (% do PL)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_6_chart_3.jpg\">\u003C\u002Fp>\u003Cp>EXPOSIÇÃO POR SETOR (% do PL)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_6_image_5.jpg\">\u003C\u002Fp>\u003Cp>EXPOSIÇÃO POR RATING (% do PL)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_6_chart_7.jpg\">\u003C\u002Fp>\u003Cp>CONCENTRAÇÃO MÉDIA DO SNME (CRIs)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_6_chart_9.jpg\">\u003C\u002Fp>\u003Ch2>DETALHAM ENTO DOS\u003C\u002Fh2>\u003Ch3>ATIVOS\u003C\u002Fh3>\u003Cp>Carteira de CRIs, FIIs e Ações — Maio\u002F2026 CARTEIRA DE CRIs\u003C\u002Fp>\u003Ctable>\u003Cthead>\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>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>CRI VANGUARDA\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>D\u003C\u002Ftd>\u003Ctd>INCC + 12%\u003C\u002Ftd>\u003Ctd>11,00%\u003C\u002Ftd>\u003Ctd>3,79%\u003C\u002Ftd>\u003Ctd>52%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI BIT\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>A3\u003C\u002Ftd>\u003Ctd>CDI + 6%\u003C\u002Ftd>\u003Ctd>5,50%\u003C\u002Ftd>\u003Ctd>3,72%\u003C\u002Ftd>\u003Ctd>60%\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>3,23%\u003C\u002Ftd>\u003Ctd>60%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI ARPOADOR (SÊNIOR)\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>A1\u003C\u002Ftd>\u003Ctd>CDI + 5%\u003C\u002Ftd>\u003Ctd>4,50%\u003C\u002Ftd>\u003Ctd>1,74%\u003C\u002Ftd>\u003Ctd>43%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CRI ASTIR\u003C\u002Ftd>\u003Ctd>Pulverizado\u003C\u002Ftd>\u003Ctd>A2\u003C\u002Ftd>\u003Ctd>IPCA + 11%\u003C\u002Ftd>\u003Ctd>12,50%\u003C\u002Ftd>\u003Ctd>0,26%\u003C\u002Ftd>\u003Ctd>42%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>CARTEIRA DE FIIs\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Setor\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Alianza Renda+\u003C\u002Ftd>\u003Ctd>Papel\u003C\u002Ftd>\u003Ctd>14,39%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RLGX11\u003C\u002Ftd>\u003Ctd>Multiestratégia\u003C\u002Ftd>\u003Ctd>10,27%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TRXY11\u003C\u002Ftd>\u003Ctd>Papel\u003C\u002Ftd>\u003Ctd>6,55%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IBBP11\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>4,39%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RBRP11\u003C\u002Ftd>\u003Ctd>Lajes Corp.\u003C\u002Ftd>\u003Ctd>4,13%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IRIM11\u003C\u002Ftd>\u003Ctd>Híbrido\u003C\u002Ftd>\u003Ctd>3,93%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>CXCO11\u003C\u002Ftd>\u003Ctd>Lajes Com.\u003C\u002Ftd>\u003Ctd>3,39%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>VRTM11\u003C\u002Ftd>\u003Ctd>Híbrido\u003C\u002Ftd>\u003Ctd>3,17%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PCIP11\u003C\u002Ftd>\u003Ctd>Papel\u003C\u002Ftd>\u003Ctd>2,89%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>TGAR11\u003C\u002Ftd>\u003Ctd>Híbrido\u003C\u002Ftd>\u003Ctd>2,42%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PSEC11\u003C\u002Ftd>\u003Ctd>Híbrido\u003C\u002Ftd>\u003Ctd>1,65%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>INOI11\u003C\u002Ftd>\u003Ctd>Desenv.\u003C\u002Ftd>\u003Ctd>1,61%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>PATL11\u003C\u002Ftd>\u003Ctd>Logístico\u003C\u002Ftd>\u003Ctd>0,98%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Cp>CARTEIRA DE AÇÕES\u003C\u002Fp>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>Ativo\u003C\u002Fth>\u003Cth>Setor\u003C\u002Fth>\u003Cth>% PL\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>EZTC3\u003C\u002Ftd>\u003Ctd>Incorporação\u003C\u002Ftd>\u003Ctd>0,38%\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>ALOS3\u003C\u002Ftd>\u003Ctd>Shoppings\u003C\u002Ftd>\u003Ctd>0,03%\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch2>I N FORMAÇÕES CONTÁBEIS\u003C\u002Fh2>\u003Cp>\u003Cstrong>R$ 0,73 MM\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Receita Total\u003C\u002Fstrong> FIIs + RF + Ações no mês\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 0,0883\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Resultado\u002FCota\u003C\u002Fstrong> resultado líquido no mês\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 0,07 MM\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Despesas\u003C\u002Fstrong> taxa + custos operacionais\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 0,15\u002Fcota\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Distribuição\u003C\u002Fstrong> Distribuição realizada no dia 25\u002F06\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 0,67 MM\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Resultado Final\u003C\u002Fstrong> R$ 0,0883\u002Fcota\u003C\u002Fp>\u003Cp>\u003Cstrong>R$ 0,32 MM\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>Reserva Acumulada\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>reserva: R$ 0,0429\u002Fcota\u003C\u002Fp>\u003Ch3>DEMONSTRAÇÃO DE RESULTADO\u003C\u002Fh3>\u003Ctable>\u003Cthead>\u003Ctr>\u003Cth>\u003C\u002Fth>\u003Cth>MAR\u002F26\u003C\u002Fth>\u003Cth>ABR\u002F26\u003C\u002Fth>\u003Cth>MAI\u002F26\u003C\u002Fth>\u003Cth>R$\u002FCota (M0)\u003C\u002Fth>\u003C\u002Ftr>\u003C\u002Fthead>\u003Ctbody>\u003Ctr>\u003Ctd>Book de FIIs\u003C\u002Ftd>\u003Ctd>R$ 904.774\u003C\u002Ftd>\u003Ctd>R$ 876.673\u003C\u002Ftd>\u003Ctd>R$ 559.800\u003C\u002Ftd>\u003Ctd>R$ 0,075\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Rendimento de FIIs\u003C\u002Ftd>\u003Ctd>R$ 569.507\u003C\u002Ftd>\u003Ctd>R$ 534.038\u003C\u002Ftd>\u003Ctd>R$ 581.347\u003C\u002Ftd>\u003Ctd>R$ 0,078\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ganho de Capital\u003C\u002Ftd>\u003Ctd>R$ 335.267\u003C\u002Ftd>\u003Ctd>R$ 391.352\u003C\u002Ftd>\u003Ctd>-R$ 54.636\u003C\u002Ftd>\u003Ctd>-R$ 0,007\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IR de Ganho de Capital\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-R$ 76.612\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Outras Receitas\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>R$ 27.896\u003C\u002Ftd>\u003Ctd>R$ 33.089\u003C\u002Ftd>\u003Ctd>R$ 0,004\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Book de Ações\u003C\u002Ftd>\u003Ctd>R$ 3.546\u003C\u002Ftd>\u003Ctd>R$ 123.903\u003C\u002Ftd>\u003Ctd>R$ 3.065\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Dividendos e JCP\u003C\u002Ftd>\u003Ctd>R$ 3.546\u003C\u002Ftd>\u003Ctd>R$ 1.442\u003C\u002Ftd>\u003Ctd>R$ 3.065\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ganho de Capital\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>R$ 144.072\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IR de Ganho de Capital\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-R$ 21.611\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Book de Renda Fixa\u003C\u002Ftd>\u003Ctd>R$ 273.673\u003C\u002Ftd>\u003Ctd>R$ 150.701\u003C\u002Ftd>\u003Ctd>R$ 158.841\u003C\u002Ftd>\u003Ctd>R$ 0,021\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Juros\u003C\u002Ftd>\u003Ctd>R$ 142.892\u003C\u002Ftd>\u003Ctd>R$ 100.486\u003C\u002Ftd>\u003Ctd>R$ 91.195\u003C\u002Ftd>\u003Ctd>R$ 0,012\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Ganho de Capital\u003C\u002Ftd>\u003Ctd>R$ 106.126\u003C\u002Ftd>\u003Ctd>-R$ 1.350\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003Ctd>-\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Caixa\u003C\u002Ftd>\u003Ctd>R$ 31.813\u003C\u002Ftd>\u003Ctd>R$ 66.535\u003C\u002Ftd>\u003Ctd>R$ 87.286\u003C\u002Ftd>\u003Ctd>R$ 0,012\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>IR\u003C\u002Ftd>\u003Ctd>-R$ 7.158\u003C\u002Ftd>\u003Ctd>-R$ 14.970\u003C\u002Ftd>\u003Ctd>-R$ 19.639\u003C\u002Ftd>\u003Ctd>-R$ 0,003\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Despesas\u003C\u002Ftd>\u003Ctd>-R$ 64.279\u003C\u002Ftd>\u003Ctd>-R$ 65.548\u003C\u002Ftd>\u003Ctd>-R$ 66.569\u003C\u002Ftd>\u003Ctd>-R$ 0,009\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxa de Administração\u003C\u002Ftd>\u003Ctd>-R$ 22.000\u003C\u002Ftd>\u003Ctd>-R$ 22.000\u003C\u002Ftd>\u003Ctd>-R$ 22.000\u003C\u002Ftd>\u003Ctd>-R$ 0,003\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Taxa de Gestão\u003C\u002Ftd>\u003Ctd>-R$ 36.609\u003C\u002Ftd>\u003Ctd>-R$ 36.681\u003C\u002Ftd>\u003Ctd>-R$ 36.110\u003C\u002Ftd>\u003Ctd>-R$ 0,005\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$ 5.670\u003C\u002Ftd>\u003Ctd>-R$ 6.867\u003C\u002Ftd>\u003Ctd>-R$ 8.459\u003C\u002Ftd>\u003Ctd>-R$ 0,001\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>RESULTADO\u003C\u002Ftd>\u003Ctd>R$ 1.117.714\u003C\u002Ftd>\u003Ctd>R$ 1.085.729\u003C\u002Ftd>\u003Ctd>R$ 655.137\u003C\u002Ftd>\u003Ctd>R$ 0,088\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado (R$\u002FCota)\u003C\u002Ftd>\u003Ctd>R$ 0,15\u003C\u002Ftd>\u003Ctd>R$ 0,15\u003C\u002Ftd>\u003Ctd>R$ 0,09\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$ 1.112.736\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$ 0,15\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003Ctr>\u003Ctd>Resultado Acumulado (R$\u002FCota)\u003C\u002Ftd>\u003Ctd>R$ 0,06\u003C\u002Ftd>\u003Ctd>R$ 0,10\u003C\u002Ftd>\u003Ctd>R$ 0,04\u003C\u002Ftd>\u003Ctd>\u003C\u002Ftd>\u003C\u002Ftr>\u003C\u002Ftbody>\u003C\u002Ftable>\u003Ch2>MON ITORAM ENTO DOS SUNO(ASSET)\u003C\u002Fh2>\u003Ch3>ATIVOS\u003C\u002Fh3>\u003Ch3>EVOLUÇÃO FÍSICA DAS OBRAS\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_9_chart_3.jpg\">\u003C\u002Fp>\u003Ch3>INADIMPLÊNCIA DA CARTEIRA DE RECEBÍVEIS\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_9_chart_5.jpg\">\u003C\u002Fp>\u003Ch3>COMENTÁRIO SOBRE ATIVOS\u003C\u002Fh3>\u003Ch3>CRI MZM Incorporação | IPCA + 12,95% | LTV 70% | São Bernardo do Campo, SP\u003C\u002Fh3>\u003Cp>BRA \u003Cstrong>85,76%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>VENDAS \u003Cstrong>84,11%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>RAZÃO GAR. \u003Cstrong>124,8%\u003C\u002Fstrong>% PL SNME \u003Cstrong>5,10%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_9_image_12.jpg\">\u003C\u002Fp>\u003Cp>• \u003Cstrong>+1,92%\u003C\u002Fstrong> no mês (83,26% c\u002F estocada)\u003C\u002Fp>\u003Cp>• Principal gargalo da operação\u003C\u002Fp>\u003Cp>• Previsão: \u003Cstrong>1º sem. 2026\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>• Aporte R$ 828 mil quitado (dação)\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_9_image_17.jpg\">\u003C\u002Fp>\u003Cp>• 4 vendas \u002F 5 distratos (saldo -1)\u003C\u002Fp>\u003Cp>• Inadimpl. controlada: \u003Cstrong>1,79%\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>• Posição: \u003Cstrong>5,10%\u003C\u002Fstrong> do PL SNME\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_9_image_21.jpg\">\u003C\u002Fp>\u003Ch3>GARANTIAS & AGT\u003C\u002Fh3>\u003Cp>• RG \u003Cstrong>124,8%\u003C\u002Fstrong> (min. 130%)\u003C\u002Fp>\u003Cp>• Nova AF imóvel Mauá aprovada\u003C\u002Fp>\u003Cp>• Venc. prorrogado: \u003Cstrong>mar\u002F2027\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>• Amort. extraord. até \u003Cstrong>set\u002F26\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>• F. Obras\u002FReserva \u003Cstrong>Enquadrados\u003C\u002Fstrong>\u003C\u002Fp>\u003Cp>\u003Cstrong>RETORNO TOTAL 40,23%\u003C\u002Fstrong> Desde o início do fundo\u003C\u002Fp>\u003Cp>\u003Cstrong>ALFA VS I PCA + YI E LD DO I MA-B 3,63%\u003C\u002Fstrong> Benchmark do fundo\u003C\u002Fp>\u003Cp>\u003Cstrong>ALFA VS I FIX 19,78%\u003C\u002Fstrong> Principal índice de performance dos FIIs\u003C\u002Fp>\u003Cp>PERFORMANCE DO FUNDO\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_10_chart_6.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_10_chart_7.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_0.jpg\">\u003C\u002Fp>\u003Cp>SNAG11\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_2.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_3.jpg\">\u003C\u002Fp>\u003Cp>SNFZ11\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_5.jpg\">\u003C\u002Fp>\u003Cp>SNEL11\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_7.jpg\">\u003C\u002Fp>\u003Cp>SNID11\u003C\u002Fp>\u003Cp>SNCI11\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_10.jpg\">\u003C\u002Fp>\u003Cp>SNME11\u003C\u002Fp>\u003Cp>SAI BA MAIS\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_13.jpg\">\u003C\u002Fp>\u003Cp>IG SUNO ASSET\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_15.jpg\">\u003C\u002Fp>\u003Cp>YT SUNO ASSET\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_17.jpg\">\u003C\u002Fp>\u003Cp>SNME11 - SITE SUNO ASSET\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_19.jpg\">\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_20.jpg\">\u003C\u002Fp>\u003Cp>funds explorer\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_22.jpg\">\u003C\u002Fp>\u003Cp>SNFF11\u003C\u002Fp>\u003Cp>Juros e correção monetária dos CRIs (IPCA, CDI, INCC), rendimentos dos FIIs investidos e eventuais ganhos de capital.\u003C\u002Fp>\u003Cp>SNME11 FEAT GERARDO AZEVEDO\u003C\u002Fp>\u003Cp>FII multiestratégia da Suno Asset focado em crédito imobiliário estruturado (CRIs) e cotas de FIIs, buscando renda recorrente com proteção inflacionária.\u003C\u002Fp>\u003Cp>SUNO PREV\u003C\u002Fp>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_28.jpg\">\u003C\u002Fp>\u003Ch3>Há tributação sobre os rendimentos?\u003C\u002Fh3>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_30.jpg\">\u003C\u002Fp>\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>\u003Cp>\u003Cimg alt=\"\" src=\"\u002Fstorage\u002Ffiis\u002Fdocumentos\u002F8611\u002Fpage_11_image_32.jpg\">\u003C\u002Fp>\u003Ch3>O que é o SNME11?\u003C\u002Fh3>\u003Cp>CRIs (yield médio 19,07% a.a.) e FIIs (50% do PL), com foco em alfa sobre IPCA + Yield IMA-B. LTV médio ponderado de 54,94%.\u003C\u002Fp>\u003Ch3>Qual é a estratégia atual do fundo?\u003C\u002Fh3>\u003Cp>FIC FIA\u003C\u002Fp>\u003Cp>SUNO GLOBAL EQUITIES\u003C\u002Fp>\u003Ch3>Como o fundo ganha dinheiro?\u003C\u002Fh3>\u003Ch3>O que é a fusão com o SNFF11?\u003C\u002Fh3>\u003Cp>Aprovada em out\u002F25, elevará o PL para no mínimo R$ 420 MM. Concretização prevista para o 1S26.\u003C\u002Fp>\u003Ch3>Onde o fundo investe?\u003C\u002Fh3>\u003Cp>Em CRIs dos setores de incorporação, transporte e loteamento (5 ativos), e em 26 FIIs e ações de segmentos como logística, papel, híbrido, lajes corporativas e shoppings.\u003C\u002Fp>\u003Ch3>As cotas têm liquidez?\u003C\u002Fh3>\u003Cp>Sim. Negociadas diariamente na B3 (código: SNME11), com volume médio diário de R$ 415 mil e 7.379 cotistas em mai\u002F26.\u003C\u002Fp>\u003Ch3>Como funciona a distribuição de rendimentos?\u003C\u002Fh3>\u003Cp>Pagamentos mensais. Em jun\u002F26, a distribuição foi de R$ 0,15\u002Fcota, com DY anualizado de 20,68% e DY 12 meses de 15,58%.\u003C\u002Fp>\u003Ch3>O que significa P\u002FVP?\u003C\u002Fh3>\u003Cp>Relação entre preço de mercado e valor patrimonial da cota. Em mai\u002F26, o fundo negocia a 1,01x (cota mercado R$ 9,50 vs. patrimonial R$ 9,43), sem prêmio ou desconto relevante.\u003C\u002Fp>\u003Cp>\u003Cstrong>Onde acessar relatórios e informações oficiais?\u003C\u002Fstrong> No site da Suno Asset: suno.com.br\u002Fasset\u002Ffundos\u002Fsnme11\u003C\u002Fp>","https:\u002F\u002Fwww.kartac.com.br\u002Fapi\u002Ffiis\u002FSNME11\u002Fdocumentos\u002F8611\u002Fpdf",false,"https:\u002F\u002Ffnet.bmfbovespa.com.br\u002Ffnet\u002Fpublico\u002FdownloadDocumento?id=1230893","2026-05-29","2026-06-26 18:06:00",1,{"title":17,"description":18,"canonical":19,"image":20,"json_ld":21,"nome":46,"resumo":88},"Relatório Gerencial SNME11 de maio de 2026 | Kartac","Relatório Gerencial de maio de 2026 do SNME11 (Suno Multiestratégia), entrega em 26\u002F06\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\u002F8611","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\u002F8611#pagina",{"@id":32},"2026-11-01",{"@id":41},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FSNME11\u002Fdocumentos\u002F8611#documento",{"@id":43},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FSNME11\u002Fdocumentos\u002F8611#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 maio de 2026",{"@id":48},"https:\u002F\u002Fwww.kartac.com.br\u002Fdetalhes\u002FSNME11#fundo","2026-06-26","2026-05",{"@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 maio de 2026, com entrega no FundosNet (B3) em 26\u002F06\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":216,"vpa":217,"p_vpa":218,"tipo_gestao":219,"mandato":220,"segmento":221,"categoria":66,"grupo":66,"preco_atual":192,"cotacao_atualizada_em":222,"ultima_variacao_cotacao_24h":223,"variacao_cotacao_7d":224,"variacao_cotacao_1m":225,"variacao_cotacao_3m":226,"variacao_cotacao_6m":227,"variacao_cotacao_12m":228,"vacancia_fisica":220,"liquidez_atual":229,"ultimo_dividendo":230,"ultimo_dividend_yield":231,"mes_pagamento_ultimo_dividendo":232,"dividend_yield_3m":233,"dividend_yield_6m":234,"dividend_yield_12m":235,"dividend_yield_medio_12m":236,"qtd_dividendos_pagos_ano_passado":237,"data_ultima_cotacao":214,"pregoes_com_negocio_21":238,"alertas":239,"updated_at":240,"liquidez_media_reais":241,"administrador":58,"taxa_administracao_paga":242,"balanco":243,"resultado_distribuido":249,"publico_alvo":254,"mercados_negociacao_cotas":255,"data_funcionamento":257,"data_final":220,"quantidade_cotas":258,"quantidade_cotistas":259,"detalhes_cotistas":260,"total_investido":264,"investimentos_fundo":265,"imoveis":268,"contratos":220,"custodiante":270,"auditor_independente":276,"formador_mercado":220,"distribuidor_cotas":220,"consultor_especializado":220,"administrador_locacoes":220,"relatorio_anual":283,"analise_administrador":286},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",[109,115,120,125,130,135,140,144,149,155,161,167,172,178,183,189,195,201,207,212],{"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":197,"abertura":198,"ultimo":199,"volume":200},3609079,"2026-10-29",9.32,9.16,12253,{"id":202,"data":203,"abertura":204,"ultimo":205,"volume":206},3624870,"2026-10-30",9.1,9.05,9637,{"id":208,"data":209,"abertura":210,"ultimo":205,"volume":211},3682272,"2026-11-03",9.12,10676,{"id":213,"data":214,"abertura":205,"ultimo":192,"volume":215},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":244,"ativo":245,"passivo":246,"obrigacoes_imoveis":247,"obrigacoes_securitizacao":247,"liquidez":248,"valores_receber":247},"2026-09-01",183917155.22,13222019.18,0,80126399.87,{"data_referencia":250,"resultado":251,"rendimentos":252,"percentual":253},"2026-06-30",5728313.34,5712047.11,0.9971603805458031,"Investidores em Geral",[256],"Bolsa","2023-09-29",17452102,9880,{"Pessoa Física":261,"Pessoa jurídica não financeira":262,"Fundos de investimento imobiliário":263,"Investidores não residentes":81,"Outros fundos de investimento":81},9856,15,5,103790755.35,{"Cotas de FIIs":266,"CRI \u002F CRA":267},76819563.5,26971191.85,{"vacancia_total":247,"lista_imoveis":269,"data_referencia":250,"vacancia_suspeita":11},[],{"id":263,"nome":271,"cnpj":272,"endereco":273,"telefone":274,"created_at":275,"updated_at":275},"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":277,"nome":278,"cnpj":279,"endereco":280,"telefone":281,"created_at":282,"updated_at":282},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":284,"data_disponibilizacao":285},"2025","2026-03-30",{"ResultadoFundo":287,"ConjunturaEconomica":288,"PerspectivaPeriodoSeguinte":289},"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."]