Blackstone Alternative Multi-Strategy Fund (BXMIX)
The investment seeks capital appreciation. The fund seeks to achieve its objective by allocating its assets among a variety of non-traditional or "alternative" investment strategies. The adviser allocates the fund's assets among sub-advisers with experience managing alternative investment strategies and among investment funds. The adviser also manages a portion of the fund's assets directly and, from time to time, may instruct sub-advisers with respect to particular investments.
Fund Info
| ISIN | US09257V2016 |
|---|---|
| CUSIP | 09257V201 |
| Issuer | Blackstone |
| Inception Date | Jun 15, 2014 |
| Category | Multistrategy |
| Min. Investment | $1,000,000 |
| Asset Class | Alternatives |
Expense Ratio
The Blackstone Alternative Multi-Strategy Fund has a high expense ratio of 2.33%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: BXMIX vs. ^GSPC
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Blackstone Alternative Multi-Strategy Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Blackstone Alternative Multi-Strategy Fund had a return of 3.32% year-to-date (YTD) and 10.64% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 3.32% | 6.92% |
| 1 month | 0.00% | -2.83% |
| 6 months | 7.27% | 23.86% |
| 1 year | 10.64% | 23.33% |
| 5 years (annualized) | 2.50% | 11.66% |
| 10 years (annualized) | N/A | 10.52% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.66% | 1.13% | 1.58% | |||||||||
| 2023 | 0.10% | -0.38% | 2.00% | 1.79% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
Blackstone Alternative Multi-Strategy Fund(BXMIX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Blackstone Alternative Multi-Strategy Fund (BXMIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Blackstone Alternative Multi-Strategy Fund granted a 3.37% dividend yield in the last twelve months. The annual payout for that period amounted to $0.37 per share.
| Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.37 | $0.37 | $0.00 | $0.18 | $0.32 | $0.39 | $0.20 | $0.21 | $0.05 | $0.25 | $0.06 |
Dividend yield | 3.37% | 3.49% | 0.00% | 1.68% | 3.12% | 3.66% | 1.90% | 2.00% | 0.45% | 2.52% | 0.60% |
Monthly Dividends
The table displays the monthly dividend distributions for Blackstone Alternative Multi-Strategy Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.00 | $0.00 | $0.00 | |||||||||
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.37 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.32 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.39 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.20 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.21 |
| 2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.05 |
| 2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.25 |
| 2014 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the Blackstone Alternative Multi-Strategy Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Blackstone Alternative Multi-Strategy Fund was 19.28%, occurring on Mar 24, 2020. Recovery took 222 trading sessions.
The current Blackstone Alternative Multi-Strategy Fund drawdown is 0.55%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.28% | Feb 24, 2020 | 22 | Mar 24, 2020 | 222 | Feb 9, 2021 | 244 |
| -8.56% | Nov 16, 2021 | 165 | Jul 14, 2022 | 357 | Dec 13, 2023 | 522 |
| -6.4% | Aug 4, 2015 | 150 | Mar 8, 2016 | 211 | Jan 6, 2017 | 361 |
| -3.74% | Sep 22, 2014 | 18 | Oct 15, 2014 | 72 | Jan 29, 2015 | 90 |
| -3.24% | Dec 15, 2023 | 1 | Dec 15, 2023 | 55 | Mar 7, 2024 | 56 |
Volatility
Volatility Chart
The current Blackstone Alternative Multi-Strategy Fund volatility is 0.76%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.