Blackstone Alternative Multi-Strategy Fund Class D (BXMDX)

Fund Assets	3.65B
Expense Ratio	4.087%
Min. Investment	$25,000
Turnover	547.00%
Dividend (ttm)	0.59
Dividend Yield	5.16%
Dividend Growth	-0.49%
Payout Frequency	Annual
Ex-Dividend Date	Dec 17, 2025

Previous Close	11.54
YTD Return	6.05%
1-Year Return	8.61%
5-Year Return	26.86%
52-Week Low	10.79
52-Week High	11.69
Beta (5Y)	0.38
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.

• Fund Family: Blackstone
• Category: Multistrategy
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: Nasdaq
• Ticker Symbol: BXMDX
• Index: Index is not available on Lipper Database

Performance

BXMDX had a total return of 8.61% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.77%.

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

Data Sources: Tiingo, Twelve Data, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Twelve Data. Several fund data points are also provided by Finnhub.

Last checked:

Oct 16, 2026

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