BATS: Short Term Municipal Income Series (BATVX)
9.99
0.00 (0.00%)
USD |
Mar 13 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.00% | 81.71M | -- | 233.0% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| -49.57M | 2.68% |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income exempt from federal income tax consistent with preservation of capital while seeking to minimize price volatility. In pursuit of the investment objective, the Fund will principally invest in a broad range of short-term obligations which is exempt from regular federal income tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
51
-146.62M
Peer Group Low
117.12M
Peer Group High
1 Year
% Rank:
96
-49.57M
-424.89M
Peer Group Low
2.582B
Peer Group High
3 Months
% Rank:
82
-110.17M
Peer Group Low
701.08M
Peer Group High
3 Years
% Rank:
34
-2.595B
Peer Group Low
3.299B
Peer Group High
6 Months
% Rank:
87
-186.49M
Peer Group Low
1.689B
Peer Group High
5 Years
% Rank:
18
-7.029B
Peer Group Low
4.419B
Peer Group High
YTD
% Rank:
82
-236.11M
Peer Group Low
535.58M
Peer Group High
10 Years
% Rank:
46
-4.612B
Peer Group Low
5.907B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of March 16, 2026.
Asset Allocation
As of September 30, 2025.
| Type | % Net |
|---|---|
| Cash | 3.92% |
| Stock | 0.00% |
| Bond | 96.08% |
| Convertible | 0.00% |
| Preferred | 0.00% |
| Other | 0.00% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
| PITTSBURGH & ALLEGHENY CNTY PA SPORTS & EXHIB AUTH COMWLTH LEASE REV PA 2.420 11/01/2038 | 4.11% | 100.00 | 0.00% |
| NEBRASKA INVT FIN AUTH SINGLE FAMILY HSG REV NE 2.600 09/01/2047 | 3.17% | -- | -- |
| ARIZONA BRD REGENTS ARIZ ST UNIV SYS REV AZ 1.700 07/01/2034 | 2.86% | 100.00 | 0.00% |
| OAKLAND UNIV MICH REV MI 2.250 03/01/2031 | 2.86% | 100.00 | 0.00% |
| WISCONSIN HSG & ECONOMIC DEV AUTH HOME OWNERSHIP REV WI 2.430 03/01/2038 | 2.64% | -- | -- |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH ECONOMIC DEV REV SC 2.530 05/01/2061 | 2.61% | -- | -- |
| ILLINOIS FIN AUTH REV IL 2.600 06/01/2034 | 2.61% | -- | -- |
| TEXAS ST TX 2.700 12/01/2050 | 2.51% | 100.00 | 0.00% |
| 2.610 03/19/2026 | 2.50% | 100.00 | 0.00% |
| HARRIS CNTY TEX HEALTH FACS DEV CORP REV TX 12/01/2041 (Called) | 2.36% | 100.00 | 0.00% |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | -- |
| Administration Fee | -- |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks a high level of income exempt from federal income tax consistent with preservation of capital while seeking to minimize price volatility. In pursuit of the investment objective, the Fund will principally invest in a broad range of short-term obligations which is exempt from regular federal income tax. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal Short Term |
| Peer Group | Short Municipal Debt Funds |
| Global Macro | -- |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | Short Municipal Debt Funds |
| Fund Owner Firm Name | BlackRock |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (3-12-26) | 2.67% |
| 30-Day SEC Yield (2-29-24) | 3.32% |
| 7-Day SEC Yield | -- |
| Number of Holdings | 10 |
| Bond | |
| Yield to Maturity (9-30-25) | -0.55% |
| Effective Duration | -- |
| Average Coupon | 2.92% |
| Calculated Average Quality | 1.906 |
| Effective Maturity | 5.149 |
| Nominal Maturity | 15.16 |
| Number of Bond Holdings | 9 |
As of September 30, 2025
Fund Details
| Key Dates | |
| Inception Date | 5/5/2021 |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:BATVX", "name") |
| Broad Asset Class: =YCI("M:BATVX", "broad_asset_class") |
| Broad Category: =YCI("M:BATVX", "broad_category_group") |
| Prospectus Objective: =YCI("M:BATVX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |