FDES11F is not a company but a near-dormant state development fund from Espírito Santo. It trades on the Brazilian stock exchange at a few cents per unit, but it has no commercial operations and publishes almost no financial figures. Full nameFundo de Desenvolvimento do Espírito Santo – FUNDES (CI sub-class F) Tickers / exchangeFDES11F / B3 (São Paulo) HeadquartersVitória, Espírito Santo, Brazil SectorState development fund (closed-end) EmployeesNot disclosed; managed by BANDES staff Market valueNot published; units trade around R$0.47 (US$0.09) – extremely illiquid Yearly sales (revenue)Not reportable – fund vehicle, …
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