Morningstar

Aspiriant Risk-Managed Municipal Bond Fund RMMBX

Morningstar Medalist Rating
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Medalist Rating as of See Aspiriant Investment Hub
  • NAV / 1-Day Return $8.94  /  +0.68 %
  • Fund Size $1.1B
  • Adjusted Expense Ratio 0.450%
  • Net Expense Ratio 0.340%
  • Fee Level: Distribution Below Average
  • Share Class Type No Load
  • Morningstar Category Muni National Interm
  • Fixed-Income Style Box (Funds) —
  • Minimum Initial Investment $0
  • Investment Status Open
  • TTM Yield 4.03%
  • Average Effective Duration —
NAV and 1-Day Return as of

Morningstar’s Analysis RMMBX

Will RMMBX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable RMMBX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the RMMBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of RMMBX’s parent organization’s priorities and whether they’re in line with investors’ interests.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

Aspiriant Risk-Managed Municipal Bond holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

by Morningstar Automated Analysis
Rated on Published on

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Portfolio Holdings RMMBX

More RMMBX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 14.8
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Mackay Municipal Opportunities Fund Lp Open-End

8.07 97M
—

BlackRock Liquidity MuniCash Instl

5.87 71M
Cash and Equivalents

JPMorgan Prime Money Market Inst

4.56 55M
Cash and Equivalents

iShares National Muni Bond ETF

2.41 29M
—

Mackay Municipal Credit Opportunities Fund Lp

2.02 24M
—

PUERTO RICO SALES TAX FING CORP SALES TAX REV 5%

0.40 5M
municipal

NEW JERSEY ST TRANSN TR FD AUTH 5%

0.34 4M
municipal

MIAMI-DADE CNTY FLA 5%

0.33 4M
municipal

PALOMAR POMERADO HEALTH CALIF 0%

0.32 4M
municipal

TEXAS PUB FIN AUTH LEASE REV 4%

0.31 4M
municipal

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