Blackstone Alternative features an experienced team and offers a unique portfolio of high-quality alternative subadvisors that are often out of reach for retail investors. Its prohibitive price tag, the highest within the multistrategy Morningstar Category, mutes its appeal.
Blackstone Alternative Multi-Strategy I BXMIX
- NAV / 1-Day Return 10.98 / +0.09 %
- Total Assets 3.7 Bil
-
Adj. Expense Ratio
3.120%
- Expense Ratio 3.530%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Multistrategy
- Alt Style Correlation / Relative Volatility High/Low
- Min. Initial Investment 100,000
- Status Open
- TTM Yield 3.33%
- Turnover 556%
USD | NAV as of Jul 26, 2024 | 1-Day Return as of Jul 26, 2024, 11:56 PM GMT+0
Morningstar’s Analysis BXMIX
Will BXMIX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
Parent Pillar
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 23.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Asset Offset | 137.97 | 5.5 Bil | — |
Cash And Cash Equivalents | 26.33 | 1.1 Bil | Cash and Equivalents |
Us Tsy Note 10 Yr Jun 24 | 9.73 | 390.7 Mil | Government |
Federal National Mortgage Association 6.5% | 6.61 | 265.5 Mil | Securitized |
Cirs Eur 2.89% 06/17/2026 Lch Receive | 5.97 | 239.8 Mil | Government |
Cirs Eur 2.89% 06/17/2026 Lch Pay | 5.96 | 239.4 Mil | Government |
Ice 3Mth Sonia Sep 24 | 4.72 | 189.6 Mil | Government |
Ice 3Mth Sonia Mar 26 | 4.58 | 183.9 Mil | Government |
Us Tsy Note 5Yr Jun 24 | 4.21 | 169.0 Mil | Government |
Seiga Mix | 3.88 | 155.9 Mil | — |