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. No mutual funds in the High Yield Muni category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.18%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance High Yield Municipal Income Fund Class... | 0.18% | — | May 2007 | BATEX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 0.31% | — | Jan 2017 | BATEX vs HIMFX | |
| American High-Income Municipal Bond Fund Class F-2 | 0.42% | — | Aug 2008 | BATEX vs AHMFX | |
| Lord Abbett Short Duration High Income Municipal B... | 0.50% | — | Jun 2015 | BATEX vs SDHIX | |
| Neuberger Berman Municipal High Income Fund | 0.52% | — | Jun 2015 | BATEX vs NMHIX |
Best Risk-Adjusted Alternatives to BATEX
BATEX has a PortfoliosLab risk / return rank of 51. There are 36 mutual funds in the High Yield Muni category with higher risk-adjusted ranks, going as high as 91.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| T. Rowe Price Tax Free High Yield Fund | 91 | — | Feb 1985 | BATEX vs PRFHX | |
| Invesco Short Duration High Yield Municipal Fund | 88 | — | Sep 2015 | BATEX vs ISHYX | |
| American High-Income Municipal Bond Fund Class F-3 | 79 | — | Jan 2017 | BATEX vs HIMFX | |
| Eaton Vance High Yield Municipal Income Fund Class... | 79 | — | May 2007 | BATEX vs EWHYX | |
| American High-Income Municipal Bond Fund Class F-2 | 78 | — | Aug 2008 | BATEX vs AHMFX |
Top Performing BATEX Alternatives (YTD)
BATEX is at 2.73% YTD. There are 12 mutual funds in the High Yield Muni category with higher YTD returns, going as high as 3.35%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Eaton Vance High Yield Municipal Income Fund Class... | 3.35% | — | May 2007 | BATEX vs EWHYX | |
| Nuveen Municipal High Income Opportunity Fund | 3.29% | — | Nov 2003 | BATEX vs NMZ | |
| Nuveen High Yield Municipal Bond Fund Class R6 | 3.20% | — | Jun 2016 | BATEX vs NHMFX | |
| Nuveen High Yield Municipal Bond Fund | 3.18% | — | Jun 1999 | BATEX vs NHMRX | |
| BNY Mellon High Yield Municipal Bond Fund | 3.03% | — | Sep 2005 | BATEX vs DHMBX |
Lowest Volatility Alternatives to BATEX
BATEX has 3.88% 1-year volatility. There are 39 mutual funds in the High Yield Muni category with lower 1-year volatility, going as low as 1.96%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Redwood Managed Municipal Income Fund | 1.96% | — | Mar 2017 | BATEX vs RWMIX | |
| Lord Abbett Short Duration High Income Municipal B... | 2.07% | — | Jun 2015 | BATEX vs SDHIX | |
| Nuveen Short Duration High Yield Municipal Bond Fu... | 2.25% | — | Jan 2013 | BATEX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | 2.31% | — | Sep 2015 | BATEX vs ISHYX | |
| Counterpoint Tactical Municipal Fund | 2.53% | — | Jun 2018 | BATEX vs TMNIX |
Lowest Drawdown Alternatives to BATEX
BATEX has a 1-year max drawdown of -3.14%. There are 35 mutual funds in the High Yield Muni category with shallower 1-year drawdowns, going as shallow as -1.80%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Nuveen Short Duration High Yield Municipal Bond Fu... | -1.80% | — | Jan 2013 | BATEX vs NVHIX | |
| Invesco Short Duration High Yield Municipal Fund | -1.89% | — | Sep 2015 | BATEX vs ISHYX | |
| abrdn Short Duration High Yield Municipal Fund | -1.98% | — | May 2013 | BATEX vs AHYMX | |
| Lord Abbett Short Duration High Income Municipal B... | -2.08% | — | Jun 2015 | BATEX vs SDHIX | |
| Counterpoint Tactical Municipal Fund | -2.26% | — | Jun 2018 | BATEX vs TMNIX |
Other Mutual Funds from BlackRock
The 10 most viewed BlackRock mutual funds shown here include NASDX, VFAIX, VTMFX and span 10 categories. AUM among these funds goes as high as $29B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Shelton Capital Management Nasdaq-100 Index Fund D... | Large Cap Growth Equities | 75 | 21.38% | — | Jan 2000 | BATEX vs NASDX | |
| Vanguard Financials Index Fund Admiral Shares | Financials Equities | 4 | -5.08% | 13.70B | Feb 2004 | BATEX vs VFAIX | |
| Vanguard Tax-Managed Balanced Fund Admiral Shares | Diversified Portfolio | 81 | 6.03% | 11.90B | Sep 1994 | BATEX vs VTMFX | |
| Vanguard Tax-Managed Capital Appreciation Fund Adm... | Large Cap Blend Equities | 70 | 11.31% | 28.60B | Sep 1994 | BATEX vs VTCLX | |
| iShares S&P 500 Index Fund | S&P 500 | 73 | 11.69% | — | Jul 1993 | BATEX vs WFSPX | |
| BlackRock ESG Capital Allocation Term Trust | Derivative Income, ESG | 28 | 11.23% | — | Sep 2021 | BATEX vs ECAT | |
| BlackRock LifePath Index 2055 Fund | Target Retirement Date | 69 | 13.10% | — | May 2011 | BATEX vs LIVIX | |
| BlackRock Global Long/Short Equity Fund Class I | Long-Short | 92 | 12.48% | — | Dec 2012 | BATEX vs BDMIX | |
| Fidelity Asset Manager 70% Fund | Diversified Portfolio | 77 | 11.93% | — | Dec 1991 | BATEX vs FASGX | |
| AlphaSimplex Managed Futures Strategy Fund Class Y | Systematic Trend | 67 | 15.25% | — | Jul 2010 | BATEX vs ASFYX |
Often Compared With BATEX
Investors most often compare BATEX with VWALX, VWLUX, HIMYX. These 20 comparison targets span 2 categories, based on PortfoliosLab usage data.
Compare BATEX with Any Fund or Stock
Compare BATEX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
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