BTLG11 has higher results this month and announces higher dividends; Ifix starts October on a low note – Money Times

In the month, IFIX already has a drop of 0.84%. For the year, the accumulated index is negative and drops 1%. (Image: ckstockphoto)

The real estate fund BTG Pactual Logística (BTLG11) announced that its August result was R$35.4 millionbeing a higher number than that obtained in July, R$ 25.8 million.

In its monthly report, the fund manager shared that BTLG11 had a revenue of R$18.5 millionin addition to R$314.1 thousand in expenses and NOI of R$18.2 million.

Therefore, the FII announced that R$33.7 million in dividends would be distributed, which is equivalent to R$0.78 per share, which shows an increase of R$0.02 in the previous income. The remaining R$1.6 million was reserved for the fund.

Despite an increase in distribution per share this month, management says that equal or greater amounts depend on the capital allocation of the fund's 13th issue of shares. However, she understands that this would be a good “new level” to maintain.

O Real Estate Investment Fund Index (IFIX) closed the first day of October in decline. On Tuesday (02), the index fell 0.84%, reaching 3,278.30 points, the lowest level since December last year.

In the month, IFIX already has a drop of 0.84%. For the year, the accumulated index is negative and drops 1%.

The biggest highs and lows of IFIX in the last trading session

Among the positive highlights of IFIX, the Mauá Capital High Yield (MCHY11) advanced 0.34%, to R$8.80. Then the funds appeared Suno Clean Energy (FAST11), with an increase of 0.22%, to R$ 9.17, and Green Towers (GTWR11), which rose 0.13%, to R$78.80.

On the negative side, was the Rio Bravo Fund of Funds (RBFF11), which fell 5.98%, to R$55.85. THE Kilima Volcano Real Estate Receivables (KIVO11) fell 5.39%, quoted at R$ 74.74, while the Santander Rental Income (SARE11) depreciated 4.38%, to R$38.25.