BATEX — BATS: High Income Municipal Series
Data updated: 2026-08-27
BATEX — BATS: High Income Municipal Series. Long Municipal - National Bond · $702.41M AUM · 0.16% expense ratio. Holdings, fees, performance and SEC filings.
BATEX Fund Overview
BATEX — BATS: High Income Municipal Series is a US mutual fund managed by Blackrock Allocation Target Shares, categorised as Long Municipal - National Bond. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Blackrock Allocation Target Shares
- Category: Long Municipal - National Bond
- Assets under management: $702.41M
- 1-year return: 8.5%
- Ticker: BATEX
- SEC CIK: 0001221845
- SEC series ID: S000046220
- Share class ID: C000144517
BATEX Holdings
Top 10 holdings of BATS: High Income Municipal Series by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Puerto Rico, Commonwealth Of | 2.31% |
| Consolidated Ln Go Bds 2024 I | 1.41% |
| California Infrastructure Economic Development Bank (ca) | 1.33% |
| Golden State Tobacco Securitization Corp. (ca) | 1.23% |
| Future Tax Secd Subordinate Bds Fiscal 2025h Sub H-1 | 1.12% |
| Puerto Rico Sales Tax Financing Corp. | 1.00% |
| Puerto Rico, Commonwealth Of | 0.85% |
| Mobile County Industrial Development Authority (al) | 0.82% |
| Geisinger Authority | 0.79% |
| Chicago City Board Of Education (il) | 0.79% |
BATEX Portfolio Allocation
Asset-class allocation of BATS: High Income Municipal Series by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 103.6% |
| Derivatives | 0.2% |
BATEX Performance
Total returns for BATEX (as of 2026-09-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 4.3% |
| 1 year | 8.5% |
| 3 years (annualised) | 6.2% |
| 5 years (annualised) | 1.6% |
BATEX Risk Information
Risk metrics for BATEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 5.3%
BATEX Costs and Fees
BATEX costs about $16 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.16%
- Gross expense ratio: 0.23%
- Portfolio turnover: 36%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
BATEX Cashflows
Over the 12 months to 2026-06, BATS: High Income Municipal Series had net inflows of $207.10M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | $38.12M |
| 2026-05 | $10.00M |
| 2026-04 | $25.02M |
| 2026-03 | $9.67M |
| 2026-02 | $13.64M |
| 2026-01 | $25.37M |
BATEX Debt Constituents
Largest debt holdings of BATS: High Income Municipal Series by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Puerto Rico, Commonwealth Of | 2.31% |
| Consolidated Ln Go Bds 2024 I | 1.41% |
| California Infrastructure Economic Development Bank (ca) | 1.33% |
| Golden State Tobacco Securitization Corp. (ca) | 1.23% |
| Future Tax Secd Subordinate Bds Fiscal 2025h Sub H-1 | 1.12% |
| Puerto Rico Sales Tax Financing Corp. | 1.00% |
| Puerto Rico, Commonwealth Of | 0.85% |
| Mobile County Industrial Development Authority (al) | 0.82% |
| Geisinger Authority | 0.79% |
| Chicago City Board Of Education (il) | 0.79% |
BATEX Prospectus and SEC Filings
Official BATS: High Income Municipal Series filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-07-24
- Prospectus (485BPOS) — filed 2025-07-24
- Prospectus (485BPOS) — filed 2024-07-19
- Portfolio holdings (N-PORT) — filed 2026-08-27
- Portfolio holdings (N-PORT) — filed 2026-05-26
- Portfolio holdings (N-PORT) — filed 2026-02-25
- Annual census (N-CEN) — filed 2026-06-15
- Annual census (N-CEN) — filed 2025-06-13
Related Funds
Other Long Municipal - National Bond funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.