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ISIN
US0924807060
Issuer
BlackRock
Inception Date
Sep 21, 2015
Min. Investment
$0
Distribution Policy
Distributing
Asset Class
Bond

Share Price Chart


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Performance

BATAX Performance Chart

BlackRock Allocation Target Shares Series A Portfolio (BATAX) is up 2.0% since the beginning of the year. BATAX is currently trading at $10 per share. Investors who bought $1,000 worth of BATAX shares 5 years ago would now be looking at an investment worth $1,183.


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S&P 500 Index

Returns By Period

BlackRock Allocation Target Shares Series A Portfolio (BATAX) has returned 1.98% so far this year and 6.35% over the past 12 months.


BlackRock Allocation Target Shares Series A Portfolio

1D
0.10%
1M
0.34%
YTD
1.98%
6M
2.53%
1Y
6.35%
3Y*
6.74%
5Y*
3.41%
10Y*
3.60%

Benchmark (S&P 500 Index)

1D
-2.64%
1M
0.25%
YTD
7.86%
6M
7.47%
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

BATAX Monthly Returns History

Based on dividend-adjusted daily data since Jan 4, 2016, BATAX's average daily return is +0.01%, while the average monthly return is +0.28%. At this rate, an investment would double in approximately 20.7 years.

Historically, 79% of months were positive and 21% were negative. The best month was Apr 2020 with a return of +3.1%, while the worst month was Mar 2020 at -11.0%. The longest winning streak lasted 16 consecutive months, and the longest losing streak was 7 months.

On a daily basis, BATAX closed higher 28% of trading days. The best single day was Mar 26, 2020 with a return of +3.0%, while the worst single day was Mar 20, 2020 at -3.4%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20260.57%0.75%-0.25%0.45%0.45%0.00%1.98%
20250.81%0.89%0.30%0.31%0.61%0.92%0.29%0.92%0.60%0.50%0.66%0.33%7.37%
20241.18%0.29%0.86%0.11%1.01%0.21%1.22%0.88%0.95%-0.11%0.85%-0.33%7.34%
20231.98%0.22%0.05%0.44%0.27%0.38%0.84%0.11%-0.43%-0.54%1.36%1.62%6.43%
2022-0.27%-0.92%-1.31%-0.80%-1.36%-0.95%0.43%0.03%-1.56%-0.91%1.01%0.62%-5.87%
20210.50%-0.10%-0.17%0.53%0.42%0.40%0.52%0.09%0.01%-0.20%0.11%-0.39%1.72%

Benchmark Metrics

BlackRock Allocation Target Shares Series A Portfolio has an annualized alpha of 6.06%, beta of 0.02, and R2 of 0.01 versus S&P 500 Index. Calculated based on daily prices since January 05, 2016.

  • This fund captured 15.82% of S&P 500 Index gains and tended to rise during its downturns (downside capture of -15.38%) - a profile typical of hedging or uncorrelated assets.
  • Beta of 0.02 may look defensive, but with R2 of 0.01 this fund is largely uncorrelated with S&P 500 Index - low beta reflects independence, not downside protection. See the Volatility section for a true picture of this fund's risk.
  • R2 of 0.01 means this fund moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
6.06%
Beta
0.02
0.01
Upside Capture
15.82%
Downside Capture
-15.38%

Expense Ratio

BATAX has an expense ratio of 0.00%, meaning no management fees are charged.


Return for Risk

Risk / Return Rank

BATAX ranks 97 for risk / return — in the top 97% of mutual funds on our site. This means strong returns relative to risk — exactly what professional investors look for. Well-suited for investors who want to maximize return per unit of risk.


BATAX Risk / Return Rank: 9797
Overall Rank
BATAX Sharpe Ratio Rank: 9292
Sharpe Ratio Rank
BATAX Sortino Ratio Rank: 9999
Sortino Ratio Rank
BATAX Omega Ratio Rank: 9898
Omega Ratio Rank
BATAX Calmar Ratio Rank: 9797
Calmar Ratio Rank
BATAX Martin Ratio Rank: 9898
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for BlackRock Allocation Target Shares Series A Portfolio (BATAX) and compare them to S&P 500 Index.


BATAXBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

2.14

Calmar ratioReturn relative to maximum drawdown

6.69

Martin ratioReturn relative to average drawdown

28.11

Dividends

Dividend History

BlackRock Allocation Target Shares Series A Portfolio provided a 5.73% dividend yield over the last twelve months, with an annual payout of $0.55 per share. The fund has been increasing its distributions for 4 consecutive years.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%$0.00$0.10$0.20$0.30$0.40$0.50$0.602016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM2025202420232022202120202019201820172016
Dividend$0.55$0.57$0.52$0.36$0.29$0.18$0.32$0.48$0.53$0.42$0.04

Dividend yield

5.73%5.92%5.45%3.91%3.14%1.82%3.22%4.73%5.36%4.10%0.40%

Monthly Dividends

The table displays the monthly dividend distributions for BlackRock Allocation Target Shares Series A Portfolio. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.04$0.04$0.05$0.04$0.04$0.00$0.22
2025$0.05$0.04$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.05$0.04$0.05$0.57
2024$0.05$0.05$0.05$0.05$0.05$0.00$0.05$0.05$0.05$0.05$0.05$0.01$0.52
2023$0.04$0.04$0.04$0.00$0.05$0.05$0.05$0.00$0.00$0.00$0.04$0.06$0.36
2022$0.02$0.02$0.02$0.02$0.00$0.00$0.00$0.03$0.03$0.04$0.04$0.06$0.29
2021$0.00$0.00$0.02$0.02$0.02$0.02$0.02$0.02$0.02$0.00$0.02$0.01$0.18

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the BlackRock Allocation Target Shares Series A Portfolio. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the BlackRock Allocation Target Shares Series A Portfolio was 17.42%, occurring on Mar 25, 2020. Recovery took 176 trading sessions.


Related event

Drawdown

Fall

Recovery

Underwater

COVID crash2020
-17.42%Mar 2020
16d8mo 13d
8mo 29dMar 2020 - Dec 2020
Bear market2022
-8.12%Nov 2022
1y 1mo1y 2mo
2y 3moOct 2021 - Jan 2024
2016 pullback2016
-4.35%Mar 2016
2mo 4d4mo 16d
6mo 20dJan 2016 - Jul 2016
2025 selloff2025
-1.15%Apr 2025
7d19d
26dApr 2025 - Apr 2025
Rate-hike selloffLate 2018
-1.07%Dec 2018
1mo 24d1mo 6d
3moNov 2018 - Jan 2019

Drawdown Indicators


BATAXBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-17.42%

-9.10%

-8.32%

Max Drawdown (1Y)

Largest decline over 1 year

-0.94%

Max Drawdown (3Y)

Largest decline over 3 years

-1.15%

Max Drawdown (5Y)

Largest decline over 5 years

-8.12%

Max Drawdown (10Y)

Largest decline over 10 years

-17.42%

Current Drawdown

Current decline from peak

0.00%

-2.97%

+2.97%

Average Drawdown

Average peak-to-trough decline

-1.30%

-1.13%

-0.17%

Ulcer Index

Depth and duration of drawdowns from previous peaks

0.22%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Portfolio Analyzer

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