Aspiriant Risk-Managed Municipal Bond Fund (RMMBX)
9.37
0.00 (0.00%)
USD |
Feb 09 2026
Returns Chart
Key Stats
| Net Expense Ratio | Total Assets Under Management | Weighted Average Dividend Yield | Turnover Ratio (Generic) |
|---|---|---|---|
| 0.43% | 1.283B | -- | 23.00% |
| 1 Year Fund Level Flows | 1 Year Total Returns (Daily) | Annualized Total Returns Since Inception (Daily) | Max Drawdown (Since Inception) |
| 21.34M | 1.78% |
Basic Info
| Investment Strategy | |
| The Fund seeks total return on investment through income exempt from regular federal income taxes and through capital appreciation. It invests in municipal securities that pay interest that is exempt from regular federal personal income tax. These securities include obligations issued by US states and their subdivisions. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Aspiriant |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Net Fund Flows Versus Peer Group
1 Month
% Rank:
19
-159.40M
Peer Group Low
756.38M
Peer Group High
1 Year
% Rank:
34
21.34M
-1.644B
Peer Group Low
6.901B
Peer Group High
3 Months
% Rank:
25
-403.39M
Peer Group Low
2.033B
Peer Group High
3 Years
% Rank:
33
-4.836B
Peer Group Low
18.27B
Peer Group High
6 Months
% Rank:
30
-421.93M
Peer Group Low
4.282B
Peer Group High
5 Years
% Rank:
46
-7.701B
Peer Group Low
34.86B
Peer Group High
YTD
% Rank:
19
-159.40M
Peer Group Low
756.38M
Peer Group High
10 Years
% Rank:
36
-7.217B
Peer Group Low
46.01B
Peer Group High
Date Unavailable
Risk
Performance Versus Peer Group
Annual Total Returns Versus Peers
As of February 10, 2026.
Asset Allocation
As of December 31, 2025.
| Type | % Net |
|---|---|
| Cash | 0.38% |
| Stock | 0.00% |
| Bond | 89.07% |
| Convertible | 0.00% |
| Preferred | -0.08% |
| Other | 10.63% |
Top 10 Holdings
| Name | % Weight | Price | % Change |
|---|---|---|---|
|
MACKAY MUNICIPAL OPPORTUNITIES FUND
|
8.56% | -- | -- |
| iShares National Muni Bond ETF | 5.91% | 107.79 | 0.09% |
| BlackRock Liquidity MuniCash Inst | 2.63% | 1.000 | 0.00% |
|
MACKAY MUNICIPAL CREDIT OPPORTUNITIES FUND
|
2.12% | -- | -- |
| JPMorgan Prime Money Market Fund Institutional | 0.48% | 1.000 | -0.01% |
| NEW YORK N Y NY 5.250 03/01/2053 | 0.38% | 104.38 | 0.00% |
| ILLINOIS FIN AUTH REV IL 5.250 05/15/2048 | 0.37% | 104.56 | 0.00% |
| NEW JERSEY ST TRANSN TR FD AUTH NJ 5.000 06/15/2048 | 0.36% | 116.77 | -0.00% |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV PR 5.000 07/01/2058 | 0.34% | 97.31 | -0.16% |
| METROPOLITAN ATLANTA RAPID TRAN AUTH GA SALES TAX REV GA 4.000 07/01/2035 | 0.33% | -- | -- |
Fees & Availability
| Fees | |
| Actual 12B-1 Fee | -- |
| Actual Management Fee | 0.15% |
| Administration Fee | 716.9K% |
| Maximum Front Load | -- |
| Maximum Deferred Load | -- |
| Maximum Redemption Fee | -- |
| General Availability | |
| Available for Insurance Product | No |
| Available for RRSP | No |
| Purchase Details | |
| Open to New Investors |
|
| Minimum Initial Investment | 0.00 None |
| Minimum Subsequent Investment | 0.00 None |
Basic Info
| Investment Strategy | |
| The Fund seeks total return on investment through income exempt from regular federal income taxes and through capital appreciation. It invests in municipal securities that pay interest that is exempt from regular federal personal income tax. These securities include obligations issued by US states and their subdivisions. |
| General | |
| Security Type | Mutual Fund |
| Equity Style | -- |
| Broad Asset Class | Municipal Bond |
| Broad Category | Fixed Income |
| Global Peer Group | Bond USD Municipal |
| Peer Group | General & Insured Municipal Debt Funds |
| Global Macro | Bond HC |
| US Macro | National Municipal Debt Funds |
| YCharts Categorization | -- |
| YCharts Benchmark | -- |
| Prospectus Objective | General & Insured Municipal Debt Funds |
| Fund Owner Firm Name | Aspiriant |
| Broad Asset Class Benchmark Index | |
| ^BBMBTR | 100.0% |
Fundamentals
| General | |
| Distribution Yield | -- |
| Dividend Yield TTM (2-9-26) | 1.95% |
| 30-Day SEC Yield | -- |
| 7-Day SEC Yield | -- |
| Number of Holdings | 976 |
| Bond | |
| Yield to Maturity (12-31-25) | 4.23% |
| Effective Duration | -- |
| Average Coupon | 4.86% |
| Calculated Average Quality | 2.734 |
| Effective Maturity | 12.19 |
| Nominal Maturity | 18.81 |
| Number of Bond Holdings | 937 |
As of December 31, 2025
Fund Details
| Key Dates | |
| Inception Date | 7/1/2015 |
| Attributes | |
| Inverse Fund | No |
| Leveraged Fund | -- |
| Currency Hedged Fund | -- |
| Socially Responsible Fund | No |
Top Portfolio Holders
| Name | % Weight |
|---|---|
| Portfolio A | 5.00% |
| Portfolio B | 3.50% |
| Portfolio C | 2.25% |
Excel Add-In Codes
| Name: =YCI("M:RMMBX", "name") |
| Broad Asset Class: =YCI("M:RMMBX", "broad_asset_class") |
| Broad Category: =YCI("M:RMMBX", "broad_category_group") |
| Prospectus Objective: =YCI("M:RMMBX", "prospectus_objective") |
| To find the codes for any of our securities and financial metrics, see our Complete Excel Reference. |