Hedge Fund of Funds

XGPAX

BlackRock Alpha Strategies Fund

  • NAV Total Return as of: Sep 30, 2024 YTD: 6.41

Overview

Investment Approach

BlackRock Alpha Strategies Fund ("BAS") is a closed-end fund that offers accredited investors a single access point to an actively managed portfolio of hard-to-access hedge funds that is aligned with investment guidance from the Chief Investment Office for Merrill Lynch.

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Performance

Performance

Distributions

This fund does not have any distributions.

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Ex-Date Payable Date Record Date Total Distribution Income ST Cap Gains Return of Capital LT Cap Gains
Record Date Ex-Date Payable Date Total Distribution Income ST Cap Gains LT Cap Gains Return of Capital

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Year Total Distribution Income ST Cap Gains LT Cap Gains

Past distributions are not indicative of future distributions.
Click here, for the most recent distributions.



  1y 3y 5y 10y Incept.
Total Return (%) 7.68 3.95 - - 3.87
  YTD 1m 3m 1y 3y 5y 10y Incept.
Total Return (%) 6.41 1.24 0.66 7.68 12.32 - - 14.23
  2019 2020 2021 2022 2023
Total Return (%) - - - 2.00 4.07

Performance is shown after deduction of ongoing charges. Any entry and exit charges are excluded from the calculation.

The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance quoted.
Click here for Distribution data

Key Facts

Key Facts

Net Assets
-
Share Class launch date
Mar 31, 2021
Asset Class
Hedge Fund of Funds
Distribution Frequency
Annual
Lipper Classification
-
Number of Holdings
-
Managed Assets
-
Exchange
-
Shares Outstanding
-
Morningstar Category
-
CUSIP
09261A102

Portfolio Characteristics

Portfolio Characteristics

Distribution Rate
as of -
-
Type of Options
-
Average Market Cap (Millions)
as of -
-
% Overwritten
as of -
-
This information must be preceded or accompanied by a current prospectus. For standardized performance, please see the Performance section above.

Sustainability Characteristics

Sustainability Characteristics

To be included in MSCI ESG Fund Ratings, 65% (or 50% for bond funds and money market funds) of the fund’s gross weight must come from securities with ESG coverage by MSCI ESG Research (certain cash positions and other asset types deemed not relevant for ESG analysis by MSCI are removed prior to calculating a fund’s gross weight; the absolute values of short positions are included but treated as uncovered), the fund’s holdings date must be less than one year old, and the fund must have at least ten securities. MSCI Ratings are currently unavailable for this fund.

ESG Integration

ESG Integration

BlackRock considers many investment risks in our processes. In order to seek the best risk-adjusted returns for our clients, we manage material risks and opportunities that could impact portfolios, including financially material Environmental, Social and/or Governance (ESG) data or information, where available. See our Firm Wide ESG Integration Statement for more information on this approach and fund documentation for how these material risks are considered within this product, where applicable.

Fees

Fees

as of current prospectus
Gross Expense Ratio 13.75%
Management Fee -
Interest Expense 0.00%
Other Expenses 0.96%
Acquired Fund Fees and Expenses 11.49%
on managed assets
Acquired Fund Fees and Expenses -
Interest Expenses -
Management Fee 0.55%
Other Expenses -
Gross Expense -

Fees data reflected above is current as of the latest annual shareholder report.

Ratings

Holdings

Holdings

Sorry, top holdings are not available at this time.
Holdings are subject to change. Fund holdings and allocations shown are unaudited, and may not be representative of current or future investments. The Fund is actively managed and its details, holdings and characteristics will vary. Holdings shown should not be deemed as a recommendation to buy or sell securities. The user relies on this data at its own risk and neither BlackRock nor any other party makes any representations or express or implied warranties (which are expressly disclaimed) nor shall they incur any liability for any errors or omissions in the data.

Exposure Breakdowns

Exposure Breakdowns

Sorry, countries/regions are not available at this time.
Sorry, countries/regions are not available at this time.
Sorry, sectors are not available at this time.
Sorry, currency data is not available at this time.
Sorry, market cap data is not available at this time.
Negative weightings may result from specific circumstances (including timing differences between trade and settle dates of securities purchased by the funds) and/or the use of certain financial instruments, including derivatives, which may be used to gain or reduce market exposure and/or risk management.

Allocations are subject to change.

Portfolio Managers

Portfolio Managers

Jeff Dunbar
Jeff Dunbar
Managing Director

Jeff Dunbar, Managing Director, is a Portfolio Manager and member of BlackRock Alternative Advisors (BAA), the firm's Hedge Fund Solutions team.

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Jeff Dunbar, Managing Director, is a Portfolio Manager and member of BlackRock Alternative Advisors (BAA), the firm's Hedge Fund Solutions team. In addition to managing specific client portfolios, he is responsible for the sourcing, performance of due diligence on and monitoring of hedge fund managers.

 

Mr. Dunbar's service with the firm dates back to 2005, including his years at Quellos Group, LLC, of which the alternative investment management business was acquired by BlackRock in 2007. At Quellos, Mr. Dunbar served as a Senior Associate responsible for hedge fund manager sourcing and due diligence along with performing on-going diligence on underlying managers. From 1999 to 2005, he was a Credit and Risk Analyst with Boullioun Aviation Services, an aviation finance subsidiary of Deutsche Bank and later WestLB.

 

Mr. Dunbar earned a BA degree in International Business from Linfield College in 1999

Albert Matriotti
Albert Matriotti
Managing Director

Albert Matriotti, Managing Director, is a member of BlackRock Alternative Advisors (BAA), the firm's Hedge Fund Solutions team.

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Albert Matriotti, Managing Director, is a member of BlackRock Alternative Advisors (BAA), the firm's Hedge Fund Solutions team. Mr. Matriotti is responsible for evaluating and communicating the causal factors that drive risk in each hedge fund and fund of funds portfolio. In addition, he is responsible for sponsoring internal system developments for a suite of proprietary systems that allow users to integrate and analyze all forms of risk transparency.

 

Mr. Matriotti's service with the firm dates back to 2002, including his years at Quellos Group, LLC, of which the alternative investment management business was acquired by BlackRock in 2007. At Quellos, he was an Associate Director focused on risk management and portfolio analytics.

 

Mr. Matriotti earned a BA degree with a concentration in finance from Seattle University in 2002.

Portfolio Manager

Literature

Literature

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