Blackstone Alternative Multi-Strategy's experienced team and robust investment process utilizes the firm’s scale to bring access to unique hedge fund subadvisors. Yet high fees, double that of Morningstar Medalists', materially reduce that advantage and result in a downgrade to a Morningstar Analyst Rating of Neutral across all share classes.
Blackstone Alternative Multi-Strategy Y BXMYX
- NAV / 1-Day Return 10.80 / 0.00
- Total Assets 3.7 Bil
-
Adj. Expense Ratio
- Expense Ratio 3.460%
- Distribution Fee Level High
- Share Class Type Institutional
- Category Multistrategy
- Alt Style Correlation / Relative Volatility High/Low
- Min. Initial Investment —
- Status Open
- TTM Yield 3.43%
- Turnover 846%
USD | NAV as of Apr 23, 2024 | 1-Day Return as of Apr 23, 2024, 12:11 AM GMT+0
Morningstar’s Analysis BXMYX
Will BXMYX 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 3.6
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
---|---|---|---|
Asset Offset | 129.80 | 5.1 Bil | — |
Cash And Cash Equivalents | 29.11 | 1.2 Bil | Cash and Equivalents |
Euribor 3Mo (Liffe) Dec 25 | 10.27 | 406.9 Mil | Government |
Ice 3Mth Sonia Jun 24 | 9.02 | 357.3 Mil | Government |
Euribor 3Mo (Liffe) Mar 24 | 7.71 | 305.6 Mil | Government |
Ice 3Mth Sonia Dec 25 | 5.83 | 230.9 Mil | Government |
3 Month Sofr Fut Mar 24 | 5.54 | 219.7 Mil | Government |
3 Month Sofr Fut Dec 25 | 5.39 | 213.7 Mil | Government |
Ss Cdx Ig41 12/20/28morgan1.0% | 5.21 | 206.5 Mil | Derivative |
Federal National Mortgage Association 3% | 4.46 | 176.8 Mil | Securitized |