Morningstar

Blackstone Alternative Multi-Strategy Fund Class Y BXMYX

Morningstar Medalist Rating
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Medalist Rating as of See Blackstone Investment Hub
  • NAV / 1-Day Return $11.63  /  +0.17 %
  • Fund Size $3.7B
  • Adjusted Expense Ratio 2.930%
  • Net Expense Ratio 3.010%
  • Fee Level: Distribution High
  • Share Class Type Institutional
  • Morningstar Category Multistrategy
  • Alternative Style Box (Funds) High/Low
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 5.25%
  • Turnover Ratio 547%
NAV and 1-Day Return as of

Morningstar’s Analysis BXMYX

Will BXMYX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable BXMYX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the BXMYX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of BXMYX’s parent organization’s priorities and whether they’re in line with investors’ interests.

It's not easy being expensive.

Senior Principal Jason Kephart

Jason Kephart

Senior Principal

Summary

Blackstone Alternative Multi-Strategy offers an appealingly diversified mix of hedge fund strategies, but its heavy cost burden has made its targets hard to reach.

by Jason Kephart
Rated on Published on

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Portfolio Holdings BXMYX

More BXMYX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 29.3
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Asset Offset

148.31 6B
—

Cash And Cash Equivalents

36.58 1B
Cash and Equivalents

Egypt Treasury Bill 0.0 12/30/25 364d Receive

33.85 1B
Government

Cirs Usd 3.134% 12/17/2027 Lch Receive

13.75 530M
Government

Euro Schatz Future Dec 25

11.86 458M
Government

Federal National Mortgage Association 5%

7.20 278M
Securitized

Federal National Mortgage Association 5.5%

6.14 237M
Securitized

Seiga Mix

5.36 207M
—

2 Year Treasury Note Future Dec 25

4.87 188M
Government

Rokos Global Macro Fund Ltd

4.79 185M
—

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