The BlackRock Allocation Target Shares- BATS Series A (BATAX) is a mutual fund that aims to provide investors with a diversified portfolio of assets through a combination of stocks, bonds, and other securities. The fund is managed by BlackRock, one of the largest investment management firms in the world, and is designed to target a specific asset allocation based on the investor's risk tolerance and investment goals. With a focus on long-term growth and risk management, BATAX offers investors a professionally managed and well-diversified investment option.