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BXMIX Blackstone Alternative Multi-Strategy I

  • Fund
  • BXMIX
  • Price as of: Dec 05, 2016
  • $10.14
  • - $0.01
  • - 0.10%
  • Category
  • Diversified Portfolio

BXMIX - Profile

Vitals

  • YTD Return 0.2%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $4.5 B
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$10.14
$9.65
$10.39

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.27%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 172.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$1,000,000

IRA

$1,000,000

Investment Themes

CATEGORY

Diversified Portfolio
  • Fund Type Open End Mutual Fund
  • Investment Style Multialternative

Distributions

  • YTD Total Return 0.2%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.45%
DIVIDENDS
  • Dividend Yield N/A
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name Blackstone Alternative Multi-Strategy Fund
  • Fund Family Name Blackstone
  • Inception Date Jun 16, 2014
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Stephen Sullens

BXMIX - Performance

Return Ranking - Trailing

Period BXMIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.2% -66.0% 21.5% 77.65% 5
1 Yr 0.5% -35.0% 45.9% 75.25% 4
3 Yr N/A * -13.6% 11.8% N/A N/A
5 Yr N/A * -11.6% 13.2% N/A N/A
10 Yr N/A * -5.0% 8.2% N/A N/A

* Annualized


Return Ranking - Calendar

Period BXMIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 1.0% -37.7% 48.7% 0.81% 1
2014 N/A -59.3% 14.8% N/A N/A
2013 N/A -17.5% 36.4% N/A N/A
2012 N/A -16.2% 18.4% N/A N/A
2011 N/A -30.5% 7.4% N/A N/A

Total Return Ranking - Trailing

Period BXMIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 0.2% -65.8% 30.1% 84.40% 5
1 Yr 0.5% -38.3% 73.2% 57.89% 3
3 Yr N/A * -14.6% 28.2% N/A N/A
5 Yr N/A * -11.9% 13.2% N/A N/A
10 Yr N/A * -5.0% 8.2% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period BXMIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2015 3.6% -29.3% 50.4% 1.25% 1
2014 N/A -54.8% 25.4% N/A N/A
2013 N/A -16.7% 57.2% N/A N/A
2012 N/A -16.2% 74.5% N/A N/A
2011 N/A -25.3% 15.8% N/A N/A

NAV & Total Return History

BXMIX - Holdings

Filings data as of: N/A

Concentration Analysis

BXMIX Category Low Category High BXMIX % Rank Quintile
Net Assets 4.5 B 81.4 K 99.4 B 2.33% 1
Number of Holdings N/A 1 12494 N/A N/A
Net Assets in Top 10 N/A -654 M 20.2 B N/A N/A
Weighting of Top 10 N/A 0.2% 272.7% N/A N/A

Top 10 Holdings


Asset Allocation

Weighting Category Low Category High BXMIX % Rank Quintile
Stocks
0.00% -49.32% 147.79% 30.93% 5
Preferred Stocks
0.00% -1.01% 35.22% N/A N/A
Other
0.00% -18.85% 98.84% N/A N/A
Convertible Bonds
0.00% 0.00% 33.12% N/A N/A
Cash
0.00% -55.49% 139.25% N/A N/A
Bonds
0.00% -41.48% 107.98% 30.47% 5

BXMIX - Expenses

Operational Fees

BXMIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 3.27% 0.00% 165.34% 5.17% 5
Management Fee 1.92% 0.00% 2.55% 0.32% 5
12b-1 Fee N/A 0.00% 1.00% N/A N/A
Administrative Fee N/A 0.00% 0.83% N/A N/A

Sales Fees

BXMIX Fees (% of AUM) Category Low Category High BXMIX Rank Quintile
Front Load N/A 0.14% 5.75% N/A N/A
Deferred Load N/A 0.75% 5.50% N/A N/A

Trading Fees

BXMIX Fees (% of AUM) Category Low Category High BXMIX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

BXMIX Fees (% of AUM) Category Low Category High BXMIX Rank Quintile
Turnover 172.00% 0.00% 5609.00% 4.57% 5

BXMIX - Distributions

Dividend Yield Analysis

BXMIX Category Low Category High BXMIX % Rank Quintile
Dividend Yield N/A 0.00% 11.33% N/A N/A

Dividend Distribution Analysis

BXMIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

BXMIX Category Low Category High BXMIX % Rank Quintile
Net Income Ratio -0.45% -2.96% 9.94% 21.34% 5

Capital Gain Distribution Analysis

BXMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

BXMIX - Managers

Stephen Sullens

Manager

Start Date

Jun 16, 2014

Tenure

2.38

Tenure Rank

5.5%

2006-Present: Senior Managing Director and Head of Portfolio Management for Hedge Fund Solutions, The Blackstone Group L.P. (“Blackstone”)


Alberto Santulin

Manager

Start Date

Jun 16, 2014

Tenure

2.38

Tenure Rank

5.5%

2005-Present: Managing Director, Blackstone (Hedge Fund Solutions)


Gideon Berger

Manager

Start Date

Apr 15, 2016

Tenure

0.55

Tenure Rank

7.0%

Gideon Berger is a Senior Managing Director for The Blackstone Group L.P.


Robert Jordan

Manager

Start Date

Apr 15, 2016

Tenure

0.55

Tenure Rank

7.0%

Robert Jordan is a Senior Managing Director for The Blackstone Group L.P.


Ian Morris

Manager

Start Date

Apr 15, 2016

Tenure

0.55

Tenure Rank

7.0%

Ian Morris is a Senior Managing Director for The Blackstone Group L.P.


David Mehenny

Manager

Start Date

Apr 15, 2016

Tenure

0.55

Tenure Rank

7.0%

David Mehenny is a Managing Director for The Blackstone Group L.P.


Tenure Analysis

Category Low

0.0

Category High

35.9

Category Average

5.42

Category Mode

4.8