BlackRock Allocation Target Shrs Ser A (BATAX)
| Fund Assets | 4.02B |
| Expense Ratio | 0.01% |
| Min. Investment | $0.00 |
| Turnover | 50.00% |
| Dividend (ttm) | 0.59 |
| Dividend Yield | 6.16% |
| Dividend Growth | -2.39% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Jul 31, 2025 |
| Previous Close | 9.57 |
| YTD Return | 1.98% |
| 1-Year Return | 3.80% |
| 5-Year Return | 14.05% |
| 52-Week Low | 9.42 |
| 52-Week High | 9.57 |
| Beta (5Y) | 0.07 |
| Holdings | 1795 |
| Inception Date | Sep 21, 2015 |
About BATAX
BlackRock Allocation Target Shares – BATS: Series A Portfolio is an open-end mutual fund designed to deliver a high level of current income while emphasizing capital preservation. The portfolio invests broadly across the securitized fixed income universe, with meaningful allocations to asset‑backed securities and to commercial and residential mortgage‑backed securities, including issues guaranteed by U.S. government agencies as well as privately issued structures. Managed with flexibility rather than to a formal benchmark, the strategy dynamically allocates among securitized sectors to balance risk mitigation with opportunities for relative value within fixed income markets. The fund distributes income monthly and operates with a notably low stated net expense ratio, reflecting a minimal operating cost structure. Its holdings span hundreds of positions, highlighting diversification across collateral types, vintages, and issuers within the mortgage and asset‑backed markets. Within the broader market, the fund serves as a specialized income vehicle focused on securitized credit, offering exposure to mortgage and consumer credit cycles while seeking stability through short effective duration and diversified securitized assets.
Performance
BATAX had a total return of 3.80% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.89%.
Top 10 Holdings
5.95% of assets| Name | Symbol | Weight |
|---|---|---|
| EQT TRUST 2024-EXTR | EQT.2024-EXTR A | 0.78% |
| BAHA TRUST 2024-MAR | BAHA.2024-MAR A | 0.78% |
| BARCLAYS MORTGAGE LOAN TRUST 2024-NQM4 | BARC.2024-NQM4 A1 | 0.68% |
| BARCLAYS MORTGAGE LOAN TRUST 2025-N | BARC.2025-NQM1 A1 | 0.67% |
| BARCLAYS MORTGAGE LOAN TRUST 2025-NQM2 | BARC.2025-NQM2 A1 | 0.65% |
| Dreyfus Treasury Securities Cash Management | DIRXX | 0.61% |
| BX COMMERCIAL MORTGAGE TRUST 2025-SPOT | BX.2025-SPOT A | 0.49% |
| SOFI CONSUMER LOAN PROGRAM | SCLP.2025-1 A | 0.43% |
| VELOCITY COMMERCIAL CAPITAL LOAN TR | VCC.2025-RTL1 A1 | 0.43% |
| AJAX MORTGAGE LOAN TRUST | AJAXM.2021-F A | 0.42% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Jul 31, 2025 | $0.04709 | Jul 31, 2025 |
| Jun 30, 2025 | $0.0471 | Jun 30, 2025 |
| May 30, 2025 | $0.0479 | May 30, 2025 |
| Apr 30, 2025 | $0.04914 | Apr 30, 2025 |
| Mar 31, 2025 | $0.04807 | Mar 31, 2025 |
| Feb 28, 2025 | $0.04426 | Feb 28, 2025 |