Blackstone Mortgage Trust, Inc.

Frequently Asked Questions About BXMT

What does BXMT invest in?

Blackstone Mortgage Trust, Inc. (BXMT) functions as a real estate finance entity, primarily engaged in originating senior-level debt secured by commercial properties. These investment activities span across North America, Europe, and Australia. For U.S. federal income tax considerations, the company is organized as a Real Estate Investment Trust (REIT). This structure generally exempts it from federal corporate income taxes, contingent on distributing at least 90% of its taxable earnings to its shareholders. The firm adopted its current name, Blackstone Mortgage Trust, Inc., in May 2013, having previously operated as Capital Trust, Inc. Established in 1997, its principal office is located in New York City.

What is the expense ratio of BXMT?

An expense ratio for Blackstone Mortgage Trust, Inc. (BXMT) is not available from our data sources — neither our market-data feed nor the SEC's structured prospectus and annual-report datasets report one for this share class. The fund's prospectus on the issuer's site carries the authoritative fee.

How big is BXMT?

Blackstone Mortgage Trust, Inc. (BXMT) manages $2.78B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BXMT actively managed or an index fund?

BXMT's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BXMT launched?

Blackstone Mortgage Trust, Inc. (BXMT) launched in December 1980 and is managed by the fund issuer.

How has BXMT performed?

BXMT's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.