07/30/2024 | Press release | Distributed by Public on 07/30/2024 12:25
Summary Prospectus
|
Shareholder Fees
(fees paid directly from your investment)
|
Series E
Portfolio
|
|
Maximum Sales Charge (Load) Imposed on Purchases (as a percentage of offering price)
|
None
|
|
Maximum Deferred Sales Charge (Load) (as a percentage of offering price or redemption proceeds, whichever is
lower)
|
None
|
Annual Fund Operating Expenses
(expenses that you pay each year as a
percentage of the value of your investment)
|
Series E
Portfolio
|
|
Management Fee
|
None
|
|
Distribution and/or Service (12b-1) Fees
|
None
|
|
Other Expenses
|
0.20%
|
|
Miscellaneous Other Expenses
|
0.11%
|
|
Interest Expense
|
0.09%
|
|
Acquired Fund Fees and Expenses1
|
0.02%
|
|
Total Annual Fund Operating Expenses1
|
0.22%
|
|
Fee Waivers and/or Expense Reimbursements2
|
(0.11)%
|
|
Total Annual Fund Operating Expenses After Fee Waivers and/or Expense Reimbursements2
|
0.11%3
|
1 Year
|
3 Years
|
5 Years
|
10 Years
|
|
Series E Portfolio
|
$11
|
$35
|
$62
|
$141
|
For the periods ended 12/31/23
Average Annual Total Returns
|
1 Year
|
5 Years
|
Since Inception
(August 4, 2014)
|
BATS: Series E Portfolio
|
|||
Return Before Taxes
|
8.11
%
|
3.84
%
|
4.92
%
|
Return After Taxes on Distributions
|
8.09
%
|
3.71
%
|
4.69
%
|
Return After Taxes on Distributions and Sale of Fund Shares
|
6.70
%
|
3.93
%
|
4.71
%
|
Bloomberg Municipal High Yield Bond Index
|
9.21
%
|
3.49
%
|
4.44
%
|
Prior Customized Reference Benchmark
|
7.39
%
|
2.71
%
|
-
1
|
Customized Reference Benchmark
|
8.56
%
|
3.16
%
|
-
2
|
Portfolio Manager
|
Portfolio Manager
of the Fund Since
|
Title
|
Walter O'Connor, CFA
|
2014
|
Managing Director of BlackRock, Inc.
|
Kevin Maloney, CFA
|
2022
|
Director of BlackRock, Inc.
|
Phillip Soccio, CFA
|
2022
|
Director of BlackRock, Inc.
|
Portfolio Manager
|
Portfolio Manager
of the Fund Since
|
Title
|
Ryan McDonald, CFA
|
2023
|
Managing Director of BlackRock, Inc.
|
BATS: Series E Portfolio
|
|
Minimum Initial
Investment
|
There is no minimum amount for initial investments.
|
Minimum Additional
Investment
|
There is no minimum amount for additional investments.
|