DEBB11

The BTG Pactual Teva Debêntures DI ETF (DEBB11) is a Brazilian exchange-traded fund designed to provide exposure to Brazilian corporate bonds linked to the CDI rate through investments that replicate the Teva Debêntures DI Index. The ETF is managed by BTG Pactual and trades under the ticker DEBB11 on the B3.

Classified as a fixed-income ETF, the fund follows a passive management strategy. Its structure invests in a portfolio of corporate debentures selected according to eligibility criteria established by the benchmark, seeking to reflect the performance of the Brazilian private-credit market.

Composition / Exposure profile

DEBB11 provides exposure primarily associated with:

• CDI-linked corporate debentures.

• Brazilian private-credit markets.

• Investment-grade and eligible corporate issuers.

• Credit-spread exposure.

• Domestic fixed-income markets.

• Corporate financing structures.

• Brazilian corporate debt.

• Diversified private-credit strategies.

The ETF’s performance is particularly sensitive to changes in interest rates, credit spreads, issuer creditworthiness, and liquidity conditions within the Brazilian corporate-bond market.

Macroeconomic developments, monetary-policy decisions, and shifts in investor demand for fixed-income assets may directly affect the fund’s behavior. The ETF may also reflect changes in corporate financing conditions and overall credit-market sentiment.

Structure and costs

DEBB11 shares trade on the secondary market on the B3 during regular trading hours. Share creation and redemption occur through authorized participants, a mechanism intended to help align the ETF’s market price with its net asset value (NAV).

The fund charges a management fee and does not apply a performance fee. DEBB11 does not provide recurring income distributions, as gains generated by the portfolio are reinvested into the fund structure.

History and evolution of the ETF

The BTG Pactual Teva Debêntures DI ETF was launched with the objective of expanding access to the Brazilian private-credit market through an exchange-traded, index-based investment structure.

Since inception, the fund has become part of the growing fixed-income ETF segment in Brazil, reflecting increasing investor interest in diversified corporate-bond exposure and alternative sources of fixed-income returns.

In recent periods, DEBB11 has reflected developments in Brazil’s interest-rate environment and private-credit market, influenced by macroeconomic conditions, credit spreads, and the financial health of Brazilian corporate issuers.

Additional Information

BTG Pactual Teva Debêntures DI ETF (Brazil) is an exchange-traded fund (ETF), with assets under management totaling $351.91 Millions.

Over the past 12 months, BTG Pactual Teva Debêntures DI ETF recorded a return of 13.99%, with its price trading between $14.48 and $16.58 during the same period.

The ETF is traded under the ticker DEBB11.