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 higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
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 0.47% year-to-date (YTD) and 7.85% in the last 12 months. Over the past 10 years, Blackstone Alternative Multi-Strategy Fund had an annualized return of 2.42%, while the S&P 500 had an annualized return of 11.24%, indicating that Blackstone Alternative Multi-Strategy Fund did not perform as well as the benchmark.
BXMIX
0.47%
0.34%
2.41%
7.85%
2.45%
2.42%
^GSPC (Benchmark)
-0.66%
-3.44%
3.10%
22.14%
12.04%
11.24%
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 94, BXMIX is among the top 6% 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.
Dividends
Dividend History
Blackstone Alternative Multi-Strategy Fund provided a 5.72% 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 | 5.72% | 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 | |||||||||||
| 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.
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.
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 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.