BATEX

About BATEX

BlackRock Allocation Target Shares: Series E Portfolio is an open‑end municipal bond fund designed to provide investors with a maximized Federal tax‑free yield, with a secondary objective of total return. The portfolio invests across a broad spectrum of U.S. municipal securities, including both investment‑grade and below‑investment‑grade issuers, to enhance tax‑exempt income potential while maintaining diversified exposure across states, sectors, and revenue types. Its holdings span essential‑service revenue bonds and special tax or appropriation‑backed debt, with notable positions historically including Puerto Rico sales tax revenue bonds and various state and local agency issues, reflecting a blend of higher‑yielding credits within a diversified municipal framework. The fund distributes income monthly and targets an efficient cost profile relative to peers, supporting its role as a core tax‑exempt income allocation for investors seeking municipal market exposure within a single, professionally managed vehicle. Over multi‑year periods, results are contextualized against municipal bond benchmarks, underscoring its focus on income generation alongside risk‑aware total return.