BATEX Alternatives & Similar Mutual Funds

BlackRock Allocation Target Shares Series E Portfolio (BATEX) belongs to the High Yield Muni category. Below you'll find alternative mutual funds from the same category, ranked by key criteria, plus funds that investors commonly compare with BATEX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to BATEX

BATEX charges 0.11% annually. There is 1 mutual fund in the High Yield Muni category with a lower expense ratio, going as low as 0.09%.

Symbol	Name	Expense Ratio	AUM	Inception
VWALX	Vanguard High-Yield Tax-Exempt Fund Admiral Shares	0.09%	17.80B	Nov 2001	BATEX vs VWALX
VWAHX	Vanguard High-Yield Tax-Exempt Fund Investor Share...	0.17%	17.80B	Dec 1978	BATEX vs VWAHX
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	0.18%	—	May 2007	BATEX vs EWHYX
HIMFX	American High-Income Municipal Bond Fund Class F-3	0.31%	—	Jan 2017	BATEX vs HIMFX
AHMFX	American High-Income Municipal Bond Fund Class F-2	0.42%	—	Aug 2008	BATEX vs AHMFX

Best Risk-Adjusted Alternatives to BATEX

BATEX has a PortfoliosLab risk / return rank of 89. There are 23 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 96.

Symbol	Name	Risk / Return Rank	AUM	Inception
PRFHX	T. Rowe Price Tax Free High Yield Fund	96	—	Feb 1985	BATEX vs PRFHX
FHTFX	Federated Hermes Municipal High Yield Advtg Fd	95	—	Apr 1987	BATEX vs FHTFX
SRHMX	Columbia High Yield Municipal Fund	94	—	Mar 1984	BATEX vs SRHMX
ISHYX	Invesco Short Duration High Yield Municipal Fund	94	—	Sep 2015	BATEX vs ISHYX
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	94	—	May 2007	BATEX vs EWHYX

Top Performing BATEX Alternatives (YTD)

BATEX is at 2.03% YTD. There are 6 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 4.20%.

Symbol	Name	YTD Return	AUM	Inception
NMZ	Nuveen Municipal High Income Opportunity Fund	4.20%	—	Nov 2003	BATEX vs NMZ
EWHYX	Eaton Vance High Yield Municipal Income Fund Class...	2.53%	—	May 2007	BATEX vs EWHYX
SRHMX	Columbia High Yield Municipal Fund	2.33%	—	Mar 1984	BATEX vs SRHMX
WHYIX	Allspring High Yield Municipal Bond Fund	2.06%	—	Jan 2013	BATEX vs WHYIX
PRFHX	T. Rowe Price Tax Free High Yield Fund	2.05%	—	Feb 1985	BATEX vs PRFHX

Lowest Volatility Alternatives to BATEX

BATEX has 3.79% 1-year volatility. There are 39 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 2.13%.

Symbol	Name	Volatility 1Y	AUM	Inception
SDHIX	Lord Abbett Short Duration High Income Municipal B...	2.13%	—	Jun 2015	BATEX vs SDHIX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	2.17%	—	Jan 2013	BATEX vs NVHIX
RWMIX	Redwood Managed Municipal Income Fund	2.27%	—	Mar 2017	BATEX vs RWMIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	2.35%	—	Sep 2015	BATEX vs ISHYX
AHYMX	abrdn Short Duration High Yield Municipal Fund	2.62%	—	May 2013	BATEX vs AHYMX

Lowest Drawdown Alternatives to BATEX

BATEX has a 1-year max drawdown of -3.14%. There are 38 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.71%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
FDUAX	First Eagle Short Duration High Yield Municipal Fu...	-1.71%	—	Feb 2024	BATEX vs FDUAX
NVHIX	Nuveen Short Duration High Yield Municipal Bond Fu...	-1.79%	—	Jan 2013	BATEX vs NVHIX
ISHYX	Invesco Short Duration High Yield Municipal Fund	-1.89%	—	Sep 2015	BATEX vs ISHYX
AHYMX	abrdn Short Duration High Yield Municipal Fund	-1.98%	—	May 2013	BATEX vs AHYMX
SDHIX	Lord Abbett Short Duration High Income Municipal B...	-2.08%	—	Jun 2015	BATEX vs SDHIX

Other Mutual Funds from BlackRock

The 10 most viewed BlackRock mutual funds shown here include ECAT, WFSPX, BDMIX and span 10 categories. AUM among these funds goes as high as $12B.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
ECAT	BlackRock ESG Capital Allocation Term Trust	Tactical Allocation, Derivative Income, ESG	29	10.45%	—	Sep 2021	BATEX vs ECAT
WFSPX	iShares S&P 500 Index Fund Class K	S&P 500	63	9.34%	—	Jul 1993	BATEX vs WFSPX
BDMIX	BlackRock Global Equity Market Neutral Fund Class ...	Equity Market Neutral	97	12.04%	—	Dec 2012	BATEX vs BDMIX
LIVIX	BlackRock LifePath Index 2055 Fund - Institutional...	Target Retirement Date	70	11.03%	—	May 2011	BATEX vs LIVIX
BDJ	BlackRock Enhanced Equity Dividend Trust	Derivative Income	64	8.08%	—	Aug 2005	BATEX vs BDJ
BGSAX	BlackRock Technology Opportunities Fund Investor A	Technology Equities	30	22.08%	—	May 2000	BATEX vs BGSAX
BDMAX	BlackRock Global Equity Market Neutral Fund	Equity Market Neutral	97	11.82%	—	Dec 2012	BATEX vs BDMAX
FAMRX	Fidelity Asset Manager 85% Fund	Diversified Portfolio	74	12.22%	—	Sep 1999	BATEX vs FAMRX
VTMSX	Vanguard Tax-Managed Small-Cap Fund Admiral Shares	Small Cap Blend Equities	84	21.93%	11.50B	Mar 1999	BATEX vs VTMSX
BSIIX	BlackRock Strategic Income Opportunities Fund Clas...	Total Bond Market	64	1.03%	—	Feb 2008	BATEX vs BSIIX

Often Compared With BATEX

Investors most often compare BATEX with VWLUX, HIMYX, TMNIX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
VWLUX	Vanguard Long-Term Tax-Exempt Fund Admiral Shares	Municipal Bonds	80	0.51%	19.40B	Feb 2001	BATEX vs VWLUX
HIMYX	Pioneer High Income Municipal Fund	High Yield Muni	14	-0.40%	—	Oct 2006	BATEX vs HIMYX
TMNIX	Counterpoint Tactical Municipal Fund	High Yield Muni	71	0.40%	—	Jun 2018	BATEX vs TMNIX
ABTYX	AB High Income Municipal Portfolio	High Yield Muni	74	0.73%	—	Jan 2010	BATEX vs ABTYX
FRHIX	Franklin High Yield Tax Free Income Fund	High Yield Muni	87	1.47%	—	Mar 1986	BATEX vs FRHIX
GHYIX	Goldman Sachs High Yield Municipal Fund Institutio...	High Yield Muni	86	1.41%	—	Apr 2000	BATEX vs GHYIX
NMHIX	Neuberger Berman Municipal High Income Fund	High Yield Muni	—	—	—	Jun 2015	BATEX vs NMHIX
NMCO	Nuveen Municipal Credit Opportunities Fund	High Yield Muni	53	6.72%	—	Apr 2019	BATEX vs NMCO
NHMAX	Nuveen High Yield Municipal Bond Fund Class A	High Yield Muni	87	1.76%	—	Jun 1999	BATEX vs NHMAX
JHTFX	John Hancock High Yield Municipal Bond Fund	High Yield Muni	80	1.83%	—	Dec 1993	BATEX vs JHTFX
FQCHX	Franklin Templeton SMACS: Series CH	High Yield Muni	91	1.46%	—	Jun 2019	BATEX vs FQCHX
STXAX	Western Asset Municipal High Income Fund	High Yield Muni	80	0.72%	—	Nov 1992	BATEX vs STXAX
AMHIX	American High-Income Municipal Bond Fund	High Yield Muni	89	1.35%	—	Sep 1994	BATEX vs AMHIX
NHMRX	Nuveen High Yield Municipal Bond Fund	High Yield Muni	89	1.87%	—	Jun 1999	BATEX vs NHMRX
ABHYX	American Century High-Yield Municipal Fund	High Yield Muni	83	1.21%	572.53M	Mar 1998	BATEX vs ABHYX
DHMBX	BNY Mellon High Yield Municipal Bond Fund	High Yield Muni	89	1.85%	—	Sep 2005	BATEX vs DHMBX
NHMFX	Nuveen High Yield Municipal Bond Fund Class R6	High Yield Muni	91	1.89%	—	Jun 2016	BATEX vs NHMFX
MISHX	AB Municipal Income Shares	High Yield Muni	81	0.89%	—	Aug 2010	BATEX vs MISHX
ORNAX	Invesco Rochester Municipal Opportunities Fund	High Yield Muni	79	0.59%	—	Sep 1993	BATEX vs ORNAX
RTHAX	Russell Investments Tax-Exempt High Yield Bond Fun...	High Yield Muni	89	1.95%	—	May 2015	BATEX vs RTHAX

Compare BATEX with Any Fund or Stock

Compare BATEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair BATEX with funds that move differently

BlackRock Allocation Target Shares Series E Portfolio alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to BATEX.

Explore BATEX Diversifiers

BlackRock Allocation Target Shares Series E Portfolio (BATEX) Alternatives