BlackRock Allocation Target Shares High Income Municipal Series (BATEX)
| Fund Assets | 615.09M |
| Expense Ratio | 0.11% |
| Min. Investment | $0.00 |
| Turnover | 23.00% |
| Dividend (ttm) | 0.51 |
| Dividend Yield | 5.13% |
| Dividend Growth | 9.32% |
| Payout Frequency | Monthly |
| Ex-Dividend Date | Mar 31, 2026 |
| Previous Close | 9.97 |
| YTD Return | 0.01% |
| 1-Year Return | 2.33% |
| 5-Year Return | 4.31% |
| 52-Week Low | 9.62 |
| 52-Week High | 10.36 |
| Beta (5Y) | 0.39 |
| Holdings | 750 |
| Inception Date | Aug 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.
Performance
BATEX had a total return of 2.33% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.26%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Mar 31, 2026 | $0.04365 | Mar 31, 2026 |
| Feb 27, 2026 | $0.03939 | Feb 27, 2026 |
| Jan 30, 2026 | $0.04285 | Jan 30, 2026 |
| Dec 31, 2025 | $0.04293 | Dec 31, 2025 |
| Nov 28, 2025 | $0.03949 | Nov 28, 2025 |
| Oct 31, 2025 | $0.04308 | Oct 31, 2025 |