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BXMIX Blackstone Alternative Multi-Strategy I

  • Fund
  • BXMIX
  • Price as of: Apr 24, 2019
  • $10.84 - $0.00 - 0.00%
  • Category
  • Diversified Portfolio

BXMIX - Profile

Vitals

  • YTD Return 4.5%
  • 3 Yr Annualized Return 3.1%
  • 5 Yr Annualized Return N/A
  • Net Assets $7.2 B
  • Holdings in Top 10 23.1%

52 WEEK LOW AND HIGH

$10.84
$10.31
$10.85

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.77%

SALES FEES

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

BROKERAGE FEES

  • Turnover 300.00%

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 4.5%
  • 3 Yr Annualized Total Return 3.9%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.13%
DIVIDENDS
  • Dividend Yield 0.0%
  • 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

BXMIX - Performance

Return Ranking - Trailing

Period BXMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -4.3% 25.5% 90.64%
1 Yr 0.8% -23.9% 12.5% 28.63%
3 Yr 3.1%* -9.0% 14.6% 25.43%
5 Yr N/A* -24.3% 9.3% N/A
10 Yr N/A* -13.5% 10.4% N/A

* Annualized


Return Ranking - Calendar

Period BXMIX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.4% -34.6% 1.6% 2.85%
2017 5.1% -12.4% 33.2% 64.14%
2016 0.9% -65.8% 23.3% 83.59%
2015 1.0% -64.9% 4.8% 0.90%
2014 N/A -59.3% 68.3% N/A

Total Return Ranking - Trailing

Period BXMIX Return Category Return Low Category Return High Rank in Category (%)
YTD 4.5% -4.3% 25.5% 91.21%
1 Yr 0.8% -23.9% 13.9% 60.10%
3 Yr 3.9%* -9.0% 14.8% 63.87%
5 Yr N/A* -21.5% 13.4% N/A
10 Yr N/A* -12.5% 13.7% N/A

* Annualized


Total Return Ranking - Calendar

Period BXMIX Return Category Return Low Category Return High Rank in Category (%)
2018 -3.4% -32.7% 1.6% 10.46%
2017 7.2% -8.4% 33.2% 74.41%
2016 1.3% -65.2% 23.3% 91.99%
2015 3.5% -62.9% 9.2% 0.77%
2014 N/A -28.5% 76.9% N/A

NAV & Total Return History

BXMIX - Holdings

Concentration Analysis

BXMIX Category Low Category High BXMIX % Rank
Net Assets 7.2 B 592 K 140 B 9.99%
Number of Holdings 2022 2 13341 2.40%
Net Assets in Top 10 1.6 B -637 M 26.4 B 18.03%
Weighting of Top 10 23.13% 0.0% 3327.1% 73.31%

Top 10 Holdings

  1. U.S. Treasury Notes, : 3.63% 08/15/19 - 3.92%

  2. U.S. Treasury Notes, : 3.63% 08/15/19 - 3.92%

  3. U.S. Treasury Notes, : 3.63% 08/15/19 - 3.92%

  4. U.S. Treasury Notes, : 3.63% 08/15/19 - 3.92%

  5. U.S. Treasury Notes, : 3.63% 08/15/19 - 3.92%

  6. U.S. Treasury Notes, : 3.63% 08/15/19 - 3.92%

  7. U.S. Treasury Notes, : 3.63% 08/15/19 - 3.92%

  8. U.S. Treasury Notes, : 3.63% 08/15/19 - 3.92%

  9. U.S. Treasury Notes, : 3.63% 08/15/19 - 3.92%

  10. Ejf Debt Opportunities Offshore Fund, Ltd.(Cost $ 250,000,000) 3.44%


Asset Allocation

Weighting Return Low Return High BXMIX % Rank
Bonds
61.45% -367.37% 252.78% 14.42%
Other
27.48% -802.22% 51.84% 2.02%
Stocks
27.38% -50.88% 102.14% 83.74%
Preferred Stocks
2.22% 0.00% 65.70% 8.54%
Convertible Bonds
0.49% -0.09% 39.88% 29.41%
Cash
-19.01% -229.53% 902.22% 98.36%

Stock Sector Breakdown

Weighting Return Low Return High BXMIX % Rank
Healthcare
6.63% -2.72% 24.64% 47.91%
Technology
4.47% -9.43% 31.89% 75.57%
Financial Services
4.04% -0.33% 47.66% 77.28%
Consumer Cyclical
3.13% -9.87% 33.33% 73.92%
Industrials
2.39% -1.20% 27.79% 82.41%
Consumer Defense
1.59% -1.70% 18.42% 76.96%
Energy
0.97% -2.23% 32.58% 88.29%
Real Estate
0.61% -6.85% 77.34% 81.58%
Basic Materials
0.48% -1.52% 18.92% 88.86%
Utilities
0.34% -0.60% 23.37% 85.19%
Communication Services
0.22% -0.92% 7.52% 90.38%

Stock Geographic Breakdown

Weighting Return Low Return High BXMIX % Rank
US
26.28% -42.66% 124.70% 69.45%
Non US
1.10% -91.46% 98.02% 87.73%

Bond Sector Breakdown

Weighting Return Low Return High BXMIX % Rank
Securitized
29.42% -15.87% 43.20% 1.08%
Government
21.71% -218.14% 252.78% 16.51%
Corporate
12.98% 0.00% 93.54% 55.47%
Municipal
0.04% 0.00% 99.97% 49.84%
Derivative
0.00% -196.76% 70.06% 58.89%
Cash & Equivalents
-19.01% -229.63% 902.21% 98.17%

Bond Geographic Breakdown

Weighting Return Low Return High BXMIX % Rank
US
40.82% -346.74% 207.15% 28.84%
Non US
20.63% -84.44% 152.24% 5.95%

BXMIX - Expenses

Operational Fees

BXMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.77% 0.00% 11.64% 2.59%
Management Fee 1.88% 0.00% 2.50% 99.11%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.00% 0.83% N/A

Sales Fees

BXMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.14% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

BXMIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.11% 2.00% 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 Return Low Category Return High Rank in Category (%)
Turnover 300.00% 0.00% 6067.00% 96.90%

BXMIX - Distributions

Dividend Yield Analysis

BXMIX Category Low Category High BXMIX % Rank
Dividend Yield 0.01% 0.00% 0.11% 56.10%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

BXMIX Category Low Category High BXMIX % Rank
Net Income Ratio 0.13% -4.09% 6.99% 94.24%

Capital Gain Distribution Analysis

BXMIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

BXMIX - Managers

Tenure Analysis

Category Low

0.0

Category High

38.27

Category Average

6.51

Category Mode

6.87