Aspiriant Risk-Managed Municipal Bond (RMMBX) Fund Details & Analysis

Fund Information

Fund Category Muni National Interm

Fund Family Aspiriant

Fund Style Muni National Interm

ISIN US04537J1025

CUSIP 04537J102

Inception Date -

Domicile -

Country USA

Fiscal Year End -

NAV Chart

Fund Metrics

Net Assets $1.32 Billion

Share Class Net Assets $-

Expense Ratio 0.45%

Expense Ratio Date -

Dividend Yield 0.01%

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Performance

YTD Return -%

1-Year Return -2.89%

3-Year Return 2.71%

5-Year Return -0.13%

NAV $8.70

Previous Close Price $10.32

Last Update 2026-09-30

Dividend Information

Dividend Yield 0.01%

Dividend (ttm) 0.17

Dividend Growth -58.12%

Payout Frequency Annual

Ex-Dividend Date n/a

Ratings

Morning Star Rating -

Morning Star Risk Rating -

Morning Star Category -

Beta (5Y) 1.23

About Aspiriant Risk-Managed Municipal Bond

Under normal market conditions, the fund invests at least 80% of its total assets in municipal securities that pay income that is exempt from regular federal personal income tax. These municipal securities include obligations issued by U.S. states and their subdivisions, authorities, instrumentalities, and corporations, as well as obligations issued by U.S. territories (such as Puerto Rico, the U.S. Virgin Islands, and Guam).

Detailed Metrics

Market Cap Distribution

AverageMarketCap %

Giant %

Large %

Medium %

Micro %

Small %

Value & Growth Metrics

Book-Value Growth % %

Cash-Flow Growth % %

Dividend Yield % %

Historical Earnings % %

Long-Term Earnings % %

Asset Allocation

Type	Net %	Long %	Short %	Category Average	benchmark
Bond	84.74%	84.78%	0.04%	97.21%	0.00%
Cash	4.81%	4.83%	0.03%	3.28%	0.00%
Non US Stock	0.00%	0.00%	0.00%	0.00%	0.00%
Not Classified	0.00%	0.00%	0.00%	0.01%	0.00%
Other	10.42%	10.42%	0.00%	0.28%	0.00%
US Stock	0.03%	0.06%	0.03%	0.11%	0.00%

Top Holdings

Name	Weight	Owned	Change
iShares National Muni Bond ETF	2.69%	-	-
Mackay Municipal Opportunities Fund LP	8.10%	-	-
BlackRock Liquidity Funds, T-Fund, Institutional Class	3.99%	-	-
Mackay Municipal Credit Opportunities Fund LP	2.48%	-	-
Puerto Rico Sales Tax Financing Corp. Sales Tax	0.33%	-	-
City of New York, Series FISCAL 2024 C	0.36%	-	-
Illinois Finance Authority, Series 2023A	0.35%	-	-
Port Authority of New York New Jersey	0.38%	-	-
JPMorgan Prime Money Market Fund, Institutional Class Shares	1.30%	-	-
Port Authority of New York New Jersey, Series 242	0.34%	-	-
BlackRock Liquidity Funds MuniCash	2.14%	-	-
New Jersey Transportation Trust Fund Authority	0.33%	-	-
Shelby County Health Educational Housing Facilities Board, Series 2008A	0.35%	-	-
Mackay Municipal Opportunities Fund LP, Class A	8.20%	-	-
BlackRock Liquidity Funds MuniCash, Class Institutional	1.73%	-	-
Mackay Municipal Credit Opportunities Fund LP, Class A	2.05%	-	-
Eastern Municipal Water District, Series 2018 A	0.50%	-	-
JPMorgan Prime Money Market Fund, Institutional Class	2.78%	-	-
Metropolitan Atlanta Rapid Transit Authority, Series 2017 C	0.33%	-	-
County of Miami-Dade, Series 2016 A	0.32%	-	-
Texas Public Finance Authority	0.31%	-	-

See the full breakdown of RMMBX fund's asset allocation and top holdings .

Sector Weights

Category	Subcategory	Amount %	Category Avg	Stocks %	Benchmark
Bond Sector	Cash and Equivalents	0.00%	3.15%	5.39%	0.00%
Bond Sector	Corporate	0.00%	0.16%	0.03%	0.00%
Bond Sector	Derivative	0.00%	0.03%	0.00%	0.00%
Bond Sector	Government	0.00%	0.80%	0.00%	0.00%
Bond Sector	Municipal	0.00%	95.73%	94.58%	0.00%
Bond Sector	Securitized	0.00%	0.13%	0.00%	0.00%
Cyclical	Basic Materials	0.00%	0.00%	0.00%	0.00%
Cyclical	Consumer Cyclical	0.00%	0.00%	0.00%	0.00%
Cyclical	Financial Services	100.00%	99.93%	0.00%	0.00%
Cyclical	Real Estate	0.00%	0.03%	0.00%	0.00%
Defensive	Consumer Defensive	0.00%	0.00%	0.00%	0.00%
Defensive	Healthcare	0.00%	0.00%	0.00%	0.00%
Defensive	Utilities	0.00%	0.00%	0.00%	0.00%
Sensitive	Communication Services	0.00%	0.02%	0.00%	0.00%
Sensitive	Energy	0.00%	0.00%	0.00%	0.00%
Sensitive	Industrials	0.00%	0.00%	0.00%	0.00%
Sensitive	Technology	0.00%	0.02%	0.00%	0.00%

World Regions

Region	Subregion	Category Average	Stocks Percent	Benchmark
Americas	Latin America	-	-	-
Americas	North America	99.99%	100.00%	-
Greater Asia	Asia Developed	-	-	-
Greater Asia	Asia Emerging	-	-	-
Greater Asia	Australasia	-	-	-
Greater Asia	Japan	-	-	-
Greater Europe	Africa/Middle East	-	-	-
Greater Europe	Europe Developed	0.01%	-	-
Greater Europe	Europe Emerging	-	-	-
Greater Europe	United Kingdom	-	-	-

Dividend History

Date	Amount	Unadjusted Amount	Currency	Declaration Date	Record Date	Payment Date	Period
2024-12-23	$0.092	$0.092	USD	-	-	-	-
2024-09-27	$0.083	$0.083	USD	-	2024-09-26	2024-09-27	Quarterly
2024-06-27	$0.083	$0.083	USD	-	2024-06-26	2024-06-27	Quarterly
2024-03-28	$0.083	$0.083	USD	2024-03-27	2024-03-27	2024-03-28	Quarterly
2023-12-21	$0.088	$0.088	USD	2023-12-20	2023-12-20	2023-12-21	Quarterly
2023-09-28	$0.085	$0.085	USD	2023-09-27	2023-09-27	2023-09-28	Quarterly
2023-06-29	$0.085	$0.085	USD	-	2023-06-28	2023-06-29	Quarterly
2023-03-30	$0.085	$0.085	USD	-	2023-03-29	2023-03-30	Quarterly
2022-12-22	$0.080	$0.080	USD	2022-12-22	2022-12-21	2022-12-22	Quarterly
2022-09-29	$0.085	$0.085	USD	2022-09-29	2022-09-28	2022-09-29	Quarterly
2022-06-29	$0.085	$0.085	USD	2022-06-29	2022-06-28	2022-06-29	Quarterly
2022-03-30	$0.085	$0.085	USD	2022-03-30	2022-03-29	2022-03-30	Quarterly
2021-12-30	$0.097	$0.097	USD	2021-12-30	2021-12-29	2021-12-30	Quarterly
2021-09-29	$0.088	$0.088	USD	-	2021-09-28	2021-09-29	Quarterly
2021-06-29	$0.085	$0.085	USD	2021-06-29	2021-06-28	2021-06-29	Quarterly
2021-03-30	$0.085	$0.085	USD	2021-03-30	2021-03-29	2021-03-30	Quarterly
2020-12-30	$0.106	$0.106	USD	2020-12-30	2020-12-29	2020-12-30	Quarterly
2020-09-29	$0.085	$0.085	USD	2020-09-29	2020-09-28	2020-09-29	Quarterly
2020-06-29	$0.085	$0.085	USD	2020-06-29	2020-06-26	2020-06-29	Quarterly
2020-03-30	$0.085	$0.085	USD	2020-03-30	2020-03-27	2020-03-30	Quarterly
2019-12-30	$0.115	$0.115	USD	2019-12-30	2019-12-27	2019-12-30	Quarterly
2019-09-27	$0.081	$0.081	USD	2019-09-27	2019-09-26	2019-09-27	Quarterly
2019-06-27	$0.081	$0.081	USD	2019-06-27	2019-06-26	2019-06-27	Quarterly
2019-03-28	$0.081	$0.081	USD	2019-03-28	2019-03-27	2019-03-28	Quarterly
2018-12-28	$0.094	$0.094	USD	2018-12-28	2018-12-27	2018-12-28	Quarterly
2018-09-27	$0.080	$0.080	USD	-	-	-	-
2018-06-28	$0.078	$0.078	USD	2018-06-28	2018-06-27	2018-06-28	Quarterly
2018-03-28	$0.073	$0.073	USD	2018-03-28	2018-03-27	2018-03-28	Quarterly
2017-12-07	$0.091	$0.091	USD	2017-12-07	2017-12-06	2017-12-07	Other
2017-09-28	$0.070	$0.070	USD	2017-09-28	2017-09-27	2017-09-28	Quarterly
2017-06-29	$0.070	$0.070	USD	2017-06-29	2017-06-28	2017-06-29	Quarterly
2017-03-30	$0.070	$0.070	USD	2017-03-30	2017-03-29	2017-03-30	Quarterly
2016-12-29	$0.061	$0.061	USD	2016-12-29	2016-12-28	2016-12-29	Other
2016-09-29	$0.070	$0.070	USD	2016-09-29	2016-09-28	2016-09-29	Quarterly
2016-06-29	$0.075	$0.075	USD	2016-06-29	2016-06-28	2016-06-29	Quarterly
2016-03-30	$0.075	$0.075	USD	-	-	-	-
2015-12-29	$0.103	$0.103	USD	2015-12-29	2015-12-28	2015-12-29	Quarterly
2015-09-29	$0.050	$0.050	USD	2015-09-29	2015-09-28	2015-09-29	Other

View the full dividend history for RMMBX.

Aspiriant Risk-Managed Municipal Bond NMFQS:RMMBX