BlackRock Allocation Target Shares High Income Municipal Series (BATEX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
10.13
+0.01 (0.10%)
At close: Feb 13, 2026
Fund Assets595.97M
Expense Ratio0.11%
Min. Investment$0.00
Turnover23.00%
Dividend (ttm)0.51
Dividend Yield5.00%
Dividend Growth9.14%
Payout FrequencyMonthly
Ex-Dividend DateJan 30, 2026
Previous Close10.12
YTD Return1.13%
1-Year Return4.08%
5-Year Return9.09%
52-Week Low9.21
52-Week High10.13
Beta (5Y)0.39
Holdings724
Inception DateAug 4, 2014

About BATEX

BlackRock Allocation Target Shares: Series E Portfolio is an open‑end municipal bond fund designed to provide investors with a maximized Federal tax‑free yield, with a secondary objective of total return. The portfolio invests across a broad spectrum of U.S. municipal securities, including both investment‑grade and below‑investment‑grade issuers, to enhance tax‑exempt income potential while maintaining diversified exposure across states, sectors, and revenue types. Its holdings span essential‑service revenue bonds and special tax or appropriation‑backed debt, with notable positions historically including Puerto Rico sales tax revenue bonds and various state and local agency issues, reflecting a blend of higher‑yielding credits within a diversified municipal framework. The fund distributes income monthly and targets an efficient cost profile relative to peers, supporting its role as a core tax‑exempt income allocation for investors seeking municipal market exposure within a single, professionally managed vehicle. Over multi‑year periods, results are contextualized against municipal bond benchmarks, underscoring its focus on income generation alongside risk‑aware total return.

Fund Family BlackRock
Category Miscellaneous Fixed Income
Performance Rating High
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol BATEX
Index Bloomberg Municipal Bond High Yield TR

Performance

BATEX had a total return of 4.08% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.71%.

Dividend History

Ex-DividendAmountPay Date
Jan 30, 2026$0.04285Jan 30, 2026
Dec 31, 2025$0.04293Dec 31, 2025
Nov 28, 2025$0.03949Nov 28, 2025
Oct 31, 2025$0.04308Oct 31, 2025
Sep 30, 2025$0.04293Sep 30, 2025
Aug 29, 2025$0.04362Aug 29, 2025
Full Dividend History