About BXMYX
Blackstone Alternative Multi-Strategy Fund Class Y is an open-end mutual fund that specializes in deploying a diversified range of alternative investment strategies. Managed by Blackstone, the fund's primary purpose is to seek capital appreciation by allocating assets across multiple non-traditional approaches, such as equity hedge, event-driven, macro, and relative value strategies. To achieve this, it leverages both direct management and a selection of specialized sub-advisers with expertise in various alternative strategies, including both U.S. and foreign securities across equities, fixed income, and other assets. Notably, this fund is characterized by its diversified portfolio, which includes significant allocations to domestic and foreign bonds, some equity exposure, and a portion held in cash. Designed to complement traditional equity and bond portfolios, it aims to provide incorporation of hedge fund-like strategies, reduce overall portfolio volatility, and offer differentiated risk exposures. Since its 2015 inception, Blackstone Alternative Multi-Strategy Fund Class Y has carved a role in the market as a core liquid alternative allocation for investors seeking greater diversification and risk-adjusted return potential beyond traditional asset categories.
Fund Family Blackstone
Category Multistrategy
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol BXMYX
Index Index is not available on Lipper Database
BXMYX had a total return of 8.78% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.13%.
