- ISIN
- US0924807060
- Issuer
- BlackRock
- Inception Date
- Sep 21, 2015
- Category
- Short-Term Bond
- 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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Returns By Period
BlackRock Allocation Target Shares Series A Portfolio (BATAX) has returned 1.98% so far this year and 6.01% over the past 12 months. Over the last ten years, BATAX has returned 3.62% per year, falling short of the S&P 500 Index benchmark, which averaged 13.91% annually.
BlackRock Allocation Target Shares Series A Portfolio
- 1D
- 0.10%
- 1M
- 0.56%
- YTD
- 1.98%
- 6M
- 2.43%
- 1Y
- 6.01%
- 3Y*
- 6.70%
- 5Y*
- 3.41%
- 10Y*
- 3.62%
Benchmark (S&P 500 Index)
- 1D
- -0.01%
- 1M
- -2.15%
- YTD
- 7.48%
- 6M
- 6.14%
- 1Y
- 20.77%
- 3Y*
- 19.34%
- 5Y*
- 11.44%
- 10Y*
- 13.91%
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%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.57% | 0.75% | -0.25% | 0.45% | 0.45% | 0.00% | 1.98% | ||||||
| 2025 | 0.81% | 0.89% | 0.30% | 0.31% | 0.61% | 0.92% | 0.29% | 0.92% | 0.60% | 0.50% | 0.66% | 0.33% | 7.37% |
| 2024 | 1.18% | 0.29% | 0.86% | 0.11% | 1.01% | 0.21% | 1.22% | 0.88% | 0.95% | -0.11% | 0.85% | -0.33% | 7.34% |
| 2023 | 1.98% | 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% |
| 2021 | 0.50% | -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 3.32%, beta of 0.01, and R2 of 0.00 versus S&P 500 Index. Calculated based on daily prices since January 04, 2016.
- This fund participates in less of S&P 500 Index's moves in both directions, but captures a larger share of gains (13.65%) than losses (9.31%) - typical of diversified or defensive assets.
- Beta of 0.01 may look defensive, but with R2 of 0.00 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 0.00 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
- 3.32%
- Beta
- 0.01
- R²
- 0.00
- Upside Capture
- 13.65%
- Downside Capture
- 9.31%
Expense Ratio
BATAX has an expense ratio of 0.00%, meaning no management fees are charged.
Return for Risk
Risk / Return Rank
BATAX ranks 98 for risk / return — in the top 98% 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.
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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| BATAX | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +1.34 | ||
| Sortino ratioReturn per unit of downside risk | +5.16 | ||
| Omega ratioGain probability vs. loss probability | 2.12 | 1.30 | +0.82 |
| Calmar ratioReturn relative to maximum drawdown | 6.57 | 2.29 | +4.28 |
| Martin ratioReturn relative to average drawdown | 27.50 | 10.09 | +17.41 |
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.
| Period | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 16d | 8mo 13d | 8mo 29dMar 2020 - Dec 2020 |
Bear market2022 | -8.12%Nov 2022 | 1y 1mo | 1y 2mo | 2y 3moOct 2021 - Jan 2024 |
2016 pullback2016 | -4.35%Mar 2016 | 2mo 4d | 4mo 16d | 6mo 20dJan 2016 - Jul 2016 |
2025 selloff2025 | -1.15%Apr 2025 | 7d | 19d | 26dApr 2025 - Apr 2025 |
Rate-hike selloffLate 2018 | -1.07%Dec 2018 | 1mo 24d | 1mo 6d | 3moNov 2018 - Jan 2019 |
Drawdown Indicators
| BATAX | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -17.42% | -56.78% | +39.36% |
Max Drawdown (1Y)Largest decline over 1 year | -0.94% | -9.10% | +8.16% |
Max Drawdown (3Y)Largest decline over 3 years | -1.15% | -18.90% | +17.75% |
Max Drawdown (5Y)Largest decline over 5 years | -8.12% | -25.43% | +17.31% |
Max Drawdown (10Y)Largest decline over 10 years | -17.42% | -33.92% | +16.50% |
Current DrawdownCurrent decline from peak | 0.00% | -3.32% | +3.32% |
Average DrawdownAverage peak-to-trough decline | -1.30% | -10.71% | +9.41% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.22% | 2.06% | -1.84% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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