BlackRock Allocation Target Shares Series E Portfolio (BATEX)
The fund seeks to provide investors with greater Federal tax-free income, in comparison with other municipal bond funds that invest primarily in investment grade securities, by investing in a combination of investment grade and non-investment grade municipal bonds. It may also invest up to 10% of its net assets in municipal bonds that are considered "distressed securities."
Fund Info
US0924806070
Aug 3, 2014
$0
Expense Ratio
BATEX has an expense ratio of 0.11%, which is considered low compared to other funds.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in BlackRock Allocation Target Shares Series E Portfolio, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
BlackRock Allocation Target Shares Series E Portfolio had a return of 0.98% year-to-date (YTD) and 7.12% in the last 12 months. Over the past 10 years, BlackRock Allocation Target Shares Series E Portfolio had an annualized return of 4.22%, while the S&P 500 had an annualized return of 11.26%, indicating that BlackRock Allocation Target Shares Series E Portfolio did not perform as well as the benchmark.
BATEX
0.98%
1.18%
1.14%
7.12%
1.91%
4.22%
^GSPC (Benchmark)
4.01%
1.13%
9.82%
22.80%
12.93%
11.26%
Monthly Returns
The table below presents the monthly returns of BATEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 0.78% | 0.98% | |||||||||||
| 2024 | -0.51% | 0.76% | 0.77% | -0.64% | 0.79% | 2.67% | 0.87% | 0.77% | 0.84% | -1.53% | 2.54% | -1.81% | 5.55% |
| 2023 | 4.37% | -2.89% | 1.92% | 0.17% | -0.72% | 0.17% | 0.48% | -1.75% | -3.23% | -1.75% | 8.65% | 3.48% | 8.60% |
| 2022 | -2.67% | -0.20% | -4.12% | -3.59% | 1.58% | -4.54% | 4.26% | -2.34% | -6.06% | -1.95% | 6.21% | -2.19% | -15.18% |
| 2021 | 2.60% | -1.07% | 1.35% | 1.76% | 1.24% | 1.46% | 1.31% | -0.44% | -0.61% | -0.42% | 1.40% | -0.09% | 8.76% |
| 2020 | 2.45% | 1.84% | -9.93% | -4.41% | 4.75% | 4.36% | 2.86% | -0.11% | 0.16% | -0.27% | 3.15% | 2.11% | 6.15% |
| 2019 | 0.48% | 1.09% | 2.43% | 0.89% | 1.63% | 0.51% | 0.88% | 2.21% | -0.39% | -0.03% | 0.49% | 0.41% | 11.09% |
| 2018 | -0.65% | -0.23% | 0.64% | -0.02% | 1.48% | 0.07% | 0.37% | 0.37% | -0.48% | -1.13% | 0.66% | 0.29% | 1.38% |
| 2017 | 0.77% | 1.11% | 0.65% | 0.93% | 2.07% | 0.16% | 0.82% | 0.91% | 0.17% | 0.35% | 0.44% | 1.38% | 10.19% |
| 2016 | 1.12% | 0.08% | 1.32% | 1.29% | 1.29% | 2.55% | -0.19% | 0.70% | -0.29% | -1.20% | -5.15% | 0.48% | 1.80% |
| 2015 | 2.68% | -1.26% | 0.56% | -0.78% | -0.33% | -0.39% | 0.80% | 0.42% | 0.82% | 0.94% | 1.13% | 1.71% | 6.42% |
| 2014 | 1.30% | 0.77% | 1.19% | 0.62% | 1.41% | 5.40% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 76, BATEX is among the top 24% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for BlackRock Allocation Target Shares Series E Portfolio (BATEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
BlackRock Allocation Target Shares Series E Portfolio provided a 4.50% dividend yield over the last twelve months, with an annual payout of $0.46 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.46 | $0.46 | $0.45 | $0.47 | $0.45 | $0.45 | $0.45 | $0.47 | $0.45 | $0.46 | $0.43 | $0.15 |
Dividend yield | 4.50% | 4.51% | 4.47% | 4.74% | 3.71% | 3.86% | 3.94% | 4.40% | 4.14% | 4.46% | 4.04% | 1.41% |
Monthly Dividends
The table displays the monthly dividend distributions for BlackRock Allocation Target Shares Series E 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.04 | $0.00 | $0.04 | ||||||||||
| 2024 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2023 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2022 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2021 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2020 | $0.04 | $0.03 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2019 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2018 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.47 |
| 2017 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.45 |
| 2016 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.46 |
| 2015 | $0.04 | $0.04 | $0.04 | $0.04 | $0.04 | $0.03 | $0.03 | $0.03 | $0.03 | $0.04 | $0.04 | $0.04 | $0.43 |
| 2014 | $0.04 | $0.04 | $0.03 | $0.04 | $0.15 |
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the BlackRock Allocation Target Shares Series E 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 E Portfolio was 19.08%, occurring on Oct 26, 2022. The portfolio has not yet recovered.
The current BlackRock Allocation Target Shares Series E Portfolio drawdown is 1.99%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.08% | Dec 9, 2021 | 222 | Oct 26, 2022 | — | — | — |
| -19.01% | Mar 2, 2020 | 16 | Mar 23, 2020 | 178 | Dec 3, 2020 | 194 |
| -7.29% | Sep 8, 2016 | 60 | Dec 1, 2016 | 165 | Jul 31, 2017 | 225 |
| -2.67% | Feb 3, 2015 | 89 | Jun 10, 2015 | 80 | Oct 2, 2015 | 169 |
| -2.19% | Feb 17, 2021 | 7 | Feb 25, 2021 | 29 | Apr 8, 2021 | 36 |
Volatility
Volatility Chart
The current BlackRock Allocation Target Shares Series E Portfolio volatility is 1.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.