Blackstone Alternative Multi-Strategy Fund Class D (BXMDX)
| Fund Assets | 3.83B |
| Expense Ratio | 4.02% |
| Min. Investment | $25,000 |
| Turnover | 397.00% |
| Dividend (ttm) | 0.83 |
| Dividend Yield | 7.57% |
| Dividend Growth | 38.55% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 17, 2025 |
| Previous Close | 10.95 |
| YTD Return | 0.28% |
| 1-Year Return | 9.17% |
| 5-Year Return | 21.48% |
| 52-Week Low | 9.72 |
| 52-Week High | 11.02 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | Nov 17, 2014 |
About BXMDX
Blackstone Alternative Multi-Strategy Fund Class D is a multi-strategy mutual fund designed to provide investors with access to a range of alternative investment strategies within a single, daily liquid vehicle. Its primary purpose is to pursue capital appreciation by diversifying assets across multiple non-traditional strategies, including allocations to hedge funds, government securities, derivatives, and securitized products. This fund aims to deliver portfolio diversification that is less dependent on traditional equity and fixed income movements, seeking to mitigate volatility and maximize risk-adjusted returns over a full market cycle. Managed by Blackstone's experienced multi-asset investment team, it leverages the firm's global scale, manager relationships, and proprietary risk management tools to identify and implement differentiated exposures. The fund serves as a core portfolio holding, complementing conventional asset allocations and offering exposure to sectors such as government, cash equivalents, and derivative instruments. With a relatively high turnover and expense ratio, it remains open to investors seeking alternative solutions for portfolio construction and risk management.
Performance
BXMDX had a total return of 9.17% in the past year, including dividends. Since the fund's inception, the average annual return has been 5.34%.
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 17, 2025 | $0.828 | Dec 18, 2025 |
| Dec 18, 2024 | $0.5976 | Dec 19, 2024 |
| Dec 14, 2023 | $0.3553 | Dec 15, 2023 |
| Dec 21, 2020 | $0.2796 | Dec 22, 2020 |
| Dec 18, 2019 | $0.3021 | Dec 19, 2019 |
| Dec 18, 2018 | $0.1703 | Dec 19, 2018 |