Polylactic acid/Poly(butylene adipate?co?terephthalate)/Poly(methyl methacrylate)?b?poly (butyl acrylate)?b?poly (methyl methacrylate)ternary blends (PLA/PBAT/MAM) were prepared by melt blending, and the effect of MAM relative molecular weight on the morphology, structure and properties of the blends was investigated. The results showed that the addition of MAM block copolymer can inhibits the crystallization of PLA，improve the compatibility of PLA/PBAT, reduce the particle size of the dispersed phase and make the distribution more uniform, improve the impact properties and elongation at break of the blends. And the relative molecular weight of MAM increased, the impact strength and elongation at break of the blend increased, the smaller the size of the dispersed phase particles, and the more uniform of particle size distribution.