Aspiriant Risk-Managed Municipal Bond
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
Vitals
YTD Return
0.8%
1 yr return
4.4%
3 Yr Avg Return
1.5%
5 Yr Avg Return
N/A
Net Assets
$1.55 B
Holdings in Top 10
36.0%
52 WEEK LOW AND HIGH
N/A
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 0.46%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 16.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$0
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As ofPrice
Aum/Mkt Cap
YIELD
Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.
Exp Ratio
Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.
Watchlist
AIOFX - Profile
Distributions
- YTD Total Return 0.8%
- 3 Yr Annualized Total Return 1.5%
- 5 Yr Annualized Total Return N/A
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.96%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameAspiriant Risk-Managed Municipal Bond Fund
-
Fund Family NameAspiriant
-
Inception DateJul 01, 2015
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
AIOFX - Performance
Return Ranking - Trailing
Period | AIOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -9.8% | 1.0% | 13.73% |
1 Yr | 4.4% | -7.4% | 5.8% | 6.67% |
3 Yr | 1.5%* | -2.6% | 2.4% | 11.43% |
5 Yr | N/A* | -2.7% | 5.3% | N/A |
10 Yr | N/A* | -0.4% | 3.1% | N/A |
* Annualized
Return Ranking - Calendar
Period | AIOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.0% | -0.3% | 13.2% | 55.81% |
2022 | -1.8% | -4.7% | -0.6% | 34.29% |
2021 | 2.5% | -1.3% | 4.9% | 48.48% |
2020 | -2.5% | -5.3% | -0.8% | 45.45% |
2019 | N/A | -2.1% | 2.1% | N/A |
Total Return Ranking - Trailing
Period | AIOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 0.8% | -9.8% | 1.0% | 13.73% |
1 Yr | 4.4% | -7.4% | 5.8% | 6.67% |
3 Yr | 1.5%* | -2.6% | 2.4% | 14.29% |
5 Yr | N/A* | -2.7% | 5.3% | N/A |
10 Yr | N/A* | -0.4% | 3.1% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | AIOFX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.0% | -0.3% | 13.2% | 55.81% |
2022 | -1.8% | -4.7% | 1.6% | 40.00% |
2021 | 2.5% | -1.3% | 4.9% | 63.64% |
2020 | -2.5% | -5.3% | 2.0% | 60.61% |
2019 | N/A | -1.5% | 2.5% | N/A |
AIOFX - Holdings
Concentration Analysis
AIOFX | Category Low | Category High | AIOFX % Rank | |
---|---|---|---|---|
Net Assets | 1.55 B | 2.81 M | 10.1 B | 22.64% |
Number of Holdings | 817 | 16 | 4192 | 20.41% |
Net Assets in Top 10 | 547 M | 2.52 M | 1 B | 12.24% |
Weighting of Top 10 | 36.04% | 2.3% | 94.5% | 20.41% |
Top 10 Holdings
- Vanguard Interm-Term Tx-Ex Adm 19.86%
- Mackay Municipal Opportunities Fund Lp Open-End 10.92%
- Mackay Municipal Credit Opportunities Fund Lp 2.47%
- INDIANA ST FIN AUTH ENVIRONMENTAL REV 1.75% 0.51%
- TRAVIS CNTY TEX 5% 0.42%
- CLARK CNTY NEV 5% 0.41%
- TEXAS WATER DEV BRD 5% 0.40%
- NEW YORK N Y CITY MUN WTR FIN AUTH WTR & SWR SYS REV 5% 0.36%
- PORT AUTH N Y & N J 5% 0.35%
- NORTHWEST GA HSG AUTH MULTIFAMILY HSG REV 1.54% 0.33%
Asset Allocation
Weighting | Return Low | Return High | AIOFX % Rank | |
---|---|---|---|---|
Bonds | 84.00% | 0.00% | 113.25% | 96.00% |
Other | 13.42% | -0.61% | 13.42% | 2.04% |
Cash | 2.58% | -16.17% | 21.64% | 38.78% |
Stocks | 0.00% | 0.00% | 99.94% | 60.00% |
Preferred Stocks | 0.00% | -0.09% | 0.00% | 57.14% |
Convertible Bonds | 0.00% | 0.00% | 1.40% | 61.22% |
Bond Sector Breakdown
Weighting | Return Low | Return High | AIOFX % Rank | |
---|---|---|---|---|
Municipal | 83.98% | 78.36% | 100.00% | 89.80% |
Cash & Equivalents | 2.58% | 0.00% | 21.64% | 44.90% |
Derivative | 0.00% | 0.00% | 0.01% | 57.14% |
Securitized | 0.00% | 0.00% | 3.35% | 59.18% |
Corporate | 0.00% | 0.00% | 2.61% | 69.39% |
Government | 0.00% | 0.00% | 8.57% | 65.31% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | AIOFX % Rank | |
---|---|---|---|---|
US | 83.72% | 77.87% | 106.21% | 97.96% |
Non US | 0.28% | 0.00% | 7.21% | 73.47% |
AIOFX - Expenses
Operational Fees
AIOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.46% | 0.08% | 21.19% | 87.76% |
Management Fee | 0.27% | 0.00% | 0.83% | 18.18% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.03% | 0.03% | 0.33% | 4.55% |
Sales Fees
AIOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
AIOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 1.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AIOFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 16.00% | 3.59% | 130.00% | 14.58% |
AIOFX - Distributions
Dividend Yield Analysis
AIOFX | Category Low | Category High | AIOFX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 2.80% | 8.93% |
Dividend Distribution Analysis
AIOFX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
AIOFX | Category Low | Category High | AIOFX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.96% | 1.30% | 4.47% | 34.69% |
Capital Gain Distribution Analysis
AIOFX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Jun 27, 2019 | $0.081 | |
Mar 28, 2019 | $0.081 | |
Dec 28, 2018 | $0.000 | |
Jun 28, 2018 | $0.078 | |
Mar 28, 2018 | $0.073 | |
Sep 28, 2017 | $0.070 | |
Jun 29, 2017 | $0.070 | |
Mar 30, 2017 | $0.070 | |
Sep 29, 2016 | $0.070 | |
Jun 29, 2016 | $0.075 | |
Dec 29, 2015 | $0.103 | |
Sep 29, 2015 | $0.050 |