Aspiriant Defensive Allocation Fund · NASDAQ:RMDFX
Aspiriant Defensive Allocation Fund — Aspiriant Risk-Managed Municipal Bond Fund — Fact Sheet (December 2025)
11 slides from Aspiriant Defensive Allocation Fund's fact sheet, Dec 31, 2025
Slide 1: Aspiriant Risk-Managed Municipal Bond Fund (RMMBX) Fact Sheets
Aspiriant Risk-Managed Municipal Bond Fund (RMMBX) Fact Sheets aspiriant │ │ 13
Slide 2: RMMBX Summary: Investment Objective & Fund Description
RMMBX Summary Investment Objective & Fund Description Investment Objective The Aspiriant Risk-Managed Municipal Bond Fund (“RMMBX” or the “Fund”) seeks total return on investment through income exempt from regular federal income taxes and through capital appreciation. Description The
Slide 3: RMMBX – Performance & Commentary
RMMBX – Performance & Commentary Meaningful outperformance over various periods of time. Performance Performance QTD 1-YR 3-YR 5-YR 10-YR Incept. While the Fund has underperformed its passive RMMBX 1.49% 3.34% 4.12% 1.31% 2.64% 4.04% Benchmark more recently, the Fund has outperformed Bloombe
Slide 4: Performance & Capture Ratio
RMMBX – Performance & Capture Ratio Meaningful outperformance and attractive upside/downside capture ratio. RMMBX Since Inception Performance Actual Return vs. Historical Performance Trend1 320 The Fund has outperformed its passive Benchmark and the Historical Performance Trend1. The value
Slide 5: Historical Allocations & Current Allocations
RMMBX – Historical Allocations & Current Allocations The Fund is well-diversified with access to skill-based managers. Historical Allocations Historical Allocations 100% Well-diversified portfolio with strategic allocations to municipal high yield bonds. 80% On a combined basis, we expect
Slide 6: State Exposures & Credit Quality
RMMBX – State Exposures & Credit Quality1 Positioning relative to the fund’s passive Benchmark (percentage difference). States RMMBX vs. Benchmark Underweight Overweight State RMMBX Benchmark 5.96 Illinois 9.91 3.95 -1.63 Texas 9.58 11.21 -7.40 California 9.22 16.62 -7.31 New York 9.19 16.50
Slide 7: RMMBX vs Peer Group – Rolling Returns & Fund Expenses
RMMBX vs Peer Group – Rolling Returns & Fund Expenses Long-term outperformance and bottom quartile costs relative to peer group. 6.0% Relative to Peer Group Annualized Performance 5.0% Over the past year, RMMBX has lagged its Benchmark and 4.0% peer group1 median primarily due to extending dur
Slide 8: RMMBX vs Peer Group – Rolling Performance
RMMBX vs Peer Group – Rolling Performance Upper quartile returns with moderate to lower risk. 7.0% 3-YR Rolling Return 3-Year Rolling Return 5.0% RMMBX has largely generated top quartile returns compared to its peer group1 over various 3-year rolling periods. 3.0% 1.0% -1.0% -3.0% -5.0% 12/201
Slide 9: RMMBX – Annualized Return vs Risk
RMMBX – Annualized Return vs Risk Improving return and risk to its Benchmark and peer group median. 5-YR 6.0% Return vs Risk – 5-Year Annualized 5.0% RMMBX generated more return and exhibited less risk than 4.0% its Benchmark. 3.0% RMMBX generated more return with modestly higher risk Re
Slide 10: RMMBX – Historical Monthly Performance
RMMBX – Historical Monthly Performance Fixed income could benefit from resetting interest rate expectations. Monthly Investment Returns As of December 31, 2025 Benchmark Fund Annual Annual Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Return Return 2025 0.21 0.96 -1.43 -0.76 -0.33 0.50 -0.
Slide 11: Additional Footnotes
Aspiriant Risk-Managed Municipal Bond (RMMBX) Additional Footnotes Please consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus that contains this and other information about the Fund is available by calling 1.877.997.9971 and shoul
Aspiriant Risk-Managed Municipal Bond Fund — Fact Sheet (December 2025) on 6ix