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
US09257V2016
09257V201
Jun 15, 2014
$1,000,000
Expense Ratio
BXMIX has a high expense ratio of 2.33%, indicating above-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Blackstone Alternative Multi-Strategy Fund (BXMIX) returned 0.75% year-to-date (YTD) and 3.63% over the past 12 months. Over the past 10 years, BXMIX returned 2.02% annually, underperforming the S&P 500 benchmark at 10.89%.
BXMIX
0.75%
1.51%
2.15%
3.63%
5.34%
2.02%
^GSPC (Benchmark)
1.30%
12.79%
1.49%
12.35%
15.12%
10.89%
Monthly Returns
The table below presents the monthly returns of BXMIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.21% | -0.28% | -0.56% | 0.47% | -0.09% | 0.75% | |||||||
| 2024 | 0.66% | 1.13% | 1.58% | -0.18% | 0.92% | 0.55% | -0.36% | 0.55% | 0.36% | 0.54% | 0.99% | 0.49% | 7.45% |
| 2023 | 0.99% | 0.49% | -0.68% | -0.10% | -0.49% | 1.78% | 2.13% | 0.09% | 0.10% | -0.38% | 2.00% | 1.78% | 7.92% |
| 2022 | -1.89% | -0.48% | 1.26% | -1.43% | -0.58% | -2.24% | -0.70% | 0.30% | -1.10% | 0.61% | 0.80% | 0.80% | -4.62% |
| 2021 | 0.49% | 1.26% | 0.19% | 2.68% | 0.37% | 0.84% | -0.37% | 0.37% | -0.09% | -0.09% | -1.02% | -1.12% | 3.51% |
| 2020 | 0.47% | -0.93% | -14.39% | 1.65% | 2.92% | 3.05% | 1.33% | 1.11% | -0.20% | -0.70% | 2.91% | 3.05% | -1.10% |
| 2019 | 2.70% | 1.13% | -0.09% | 0.84% | -1.01% | 1.49% | 0.83% | -1.27% | -0.09% | 0.18% | 0.55% | -0.30% | 4.99% |
| 2018 | 0.28% | -1.30% | 0.38% | 0.94% | -1.49% | -0.09% | 0.94% | 0.28% | 1.21% | -1.57% | 0.09% | -1.79% | -2.15% |
| 2017 | 1.67% | 0.77% | 0.96% | 1.51% | 1.12% | -1.01% | 0.93% | 0.92% | -0.28% | 1.10% | -0.64% | -1.27% | 5.89% |
| 2016 | -2.17% | -2.22% | 1.45% | 1.32% | 0.90% | -0.50% | 1.10% | 0.00% | 0.89% | 0.00% | -0.20% | 0.85% | 1.35% |
| 2015 | 0.70% | 1.88% | 0.97% | -0.38% | 1.26% | -1.15% | 1.93% | -1.04% | -0.67% | 0.29% | 0.48% | -3.05% | 1.11% |
| 2014 | 0.50% | -0.40% | 0.90% | 0.30% | -0.59% | 0.30% | -0.57% | 0.42% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 84, BXMIX is among the top 16% of mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
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.
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Dividends
Dividend History
Blackstone Alternative Multi-Strategy Fund provided a 5.71% dividend yield over the last twelve months, with an annual payout of $0.62 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.62 | $0.62 | $0.37 | $0.00 | $0.00 | $0.32 | $0.21 | $0.13 | $0.08 | $0.05 | $0.01 | $0.02 |
Dividend yield | 5.71% | 5.75% | 3.48% | 0.00% | 0.00% | 3.12% | 1.97% | 1.25% | 0.76% | 0.45% | 0.12% | 0.22% |
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 | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | |||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.62 | $0.62 |
| 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 | $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 | $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 | $0.00 | $0.00 |
| 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 | $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 | $0.21 | $0.21 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.08 | $0.08 |
| 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 | $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 | $0.01 | $0.01 |
| 2014 | $0.02 | $0.02 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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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 0.83%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -19.28% | Feb 24, 2020 | 22 | Mar 24, 2020 | 222 | Feb 9, 2021 | 244 |
| -10.09% | Nov 16, 2021 | 227 | Oct 11, 2022 | 325 | Jan 29, 2024 | 552 |
| -8.6% | Aug 4, 2015 | 150 | Mar 8, 2016 | 259 | Mar 17, 2017 | 409 |
| -4.74% | Nov 3, 2017 | 286 | Dec 24, 2018 | 73 | Apr 10, 2019 | 359 |
| -3.74% | Sep 22, 2014 | 18 | Oct 15, 2014 | 78 | Feb 6, 2015 | 96 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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