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Aspiriant Defensive Allocation Fund
mutual fund
RMDFX
Dividend policy
Active
Price as of:
$10.95
-0.01
0%
primary theme
Diversified Alternatives
share class
RMDFX (Mutual Fund)
Aspiriant Defensive Allocation Fund
Dividend policy
Active
Price as of:
$10.95
-0.01
0%
primary theme
Diversified Alternatives
share class
RMDFX (Mutual Fund)
Aspiriant Defensive Allocation Fund
Dividend policy
Active
Price as of:
$10.95
-0.01
0%
primary theme
Diversified Alternatives
share class
RMDFX - Snapshot
Vitals
- YTD Return 1.1%
- 3 Yr Annualized Return 3.7%
- 5 Yr Annualized Return 4.3%
- Net Assets $1.39 B
- Holdings in Top 10 98.5%
52 WEEK LOW AND HIGH
$10.96
$8.89
$11.04
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.29%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 10.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $0
- IRA N/A
Fund Classification
- Primary Theme Diversified Alternatives
- Fund Type Open End Mutual Fund
- Investment Style Multialternative
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
$10.26
+0.20%
$5.29 B
3.12%
$0.32
blocked
blocked
blocked
0.20%
-
$10.14
0.00%
$3.26 B
1.30%
$0.13
blocked
blocked
blocked
0.40%
-
$31.51
-0.60%
$2.63 B
3.81%
$1.21
blocked
blocked
blocked
2.11%
-
$12.14
+0.08%
$1.49 B
2.82%
$0.34
blocked
blocked
blocked
0.75%
-
$13.89
-0.36%
$1.26 B
2.43%
$0.34
blocked
blocked
blocked
-0.07%
-
Overview
Next Dividend
Income Profile
Income Risk
Returns Profile
Allocations
Expenses
About
Dividend.com Ratings*
We couldn't find any ETFs within this investment theme.
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Go to Dividend.com DirectoryRMDFX - Profile
Distributions
- YTD Total Return 1.1%
- 3 Yr Annualized Total Return 3.7%
- 5 Yr Annualized Total Return 4.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.69%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameAspiriant Defensive Allocation Fund
-
Fund Family NameAspiriant
-
Inception DateDec 14, 2015
-
Shares OutstandingN/A
-
Share ClassOther
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerJohn Allen
Fund Description
The fund is a "fund-of-funds" that seeks to provide an investment return that has lower volatility than traditional asset classes (i.e., public equity and investment grade bonds) by combining several non-traditional or alternative asset class exposures, including investments that focus on a specialized asset class such as long-short strategies.
RMDFX - Performance
Return Ranking - Trailing
| Period | RMDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.1% | -5.3% | 4.7% | 30.41% |
| 1 Yr | 5.1% | -22.2% | 29.0% | 33.79% |
| 3 Yr | 3.7%* | -14.6% | 12.7% | 34.48% |
| 5 Yr | 4.3%* | -7.1% | 11.6% | 23.71% |
| 10 Yr | N/A* | -0.6% | 6.3% | N/A |
* Annualized
Return Ranking - Calendar
| Period | RMDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 2.8% | -22.7% | 305.1% | 43.21% |
| 2019 | 7.4% | -9.8% | 27.3% | 28.30% |
| 2018 | -8.7% | -20.8% | 10.9% | 78.10% |
| 2017 | 7.1% | -12.4% | 29.4% | 13.68% |
| 2016 | 0.2% | -10.5% | 15.8% | 52.50% |
Total Return Ranking - Trailing
| Period | RMDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 1.1% | -5.3% | 4.7% | 30.41% |
| 1 Yr | 5.1% | -22.2% | 29.0% | 28.28% |
| 3 Yr | 3.7%* | -14.6% | 12.7% | 30.65% |
| 5 Yr | 4.3%* | -7.1% | 11.6% | 22.41% |
| 10 Yr | N/A* | -0.6% | 6.3% | N/A |
* Annualized
Total Return Ranking - Calendar
| Period | RMDFX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2020 | 2.8% | -22.7% | 305.1% | 43.21% |
| 2019 | 7.4% | -9.8% | 27.3% | 28.30% |
| 2018 | -8.7% | -20.8% | 10.9% | 81.40% |
| 2017 | 7.1% | -8.4% | 29.4% | 24.06% |
| 2016 | 0.2% | -10.2% | 18.0% | 62.50% |
NAV & Total Return History
RMDFX - Holdings
Concentration Analysis
| RMDFX | Category Low | Category High | RMDFX % Rank | |
|---|---|---|---|---|
| Net Assets | 1.39 B | 1.4 M | 5.29 B | 9.09% |
| Number of Holdings | 13 | 4 | 4377 | 94.58% |
| Net Assets in Top 10 | 1.35 B | -91.4 M | 2.69 B | 5.08% |
| Weighting of Top 10 | 98.50% | 12.6% | 100.0% | 5.26% |
Top 10 Holdings
- GMO Benchmark-Free Allocation IV 26.62%
- JPMorgan Global Allocation R6 20.72%
- JPMorgan Prime Money Market Morgan 13.55%
- iShares Gold Trust 10.31%
- All Weather Portfolio Limited 10.18%
- All Weather Portfolio Limited 10.18%
- All Weather Portfolio Limited 10.18%
- All Weather Portfolio Limited 10.18%
- All Weather Portfolio Limited 10.18%
- All Weather Portfolio Limited 10.18%
Asset Allocation
| Weighting | Return Low | Return High | RMDFX % Rank | |
|---|---|---|---|---|
| Bonds | 31.71% | -419.77% | 9482.07% | 46.10% |
| Other | 30.43% | -3.65% | 89.48% | 12.54% |
| Stocks | 21.83% | -24.27% | 93.70% | 51.86% |
| Cash | 15.47% | -9406.09% | 494.28% | 63.73% |
| Convertible Bonds | 0.26% | 0.00% | 84.90% | 46.78% |
| Preferred Stocks | 0.09% | -0.12% | 45.43% | 34.24% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | RMDFX % Rank | |
|---|---|---|---|---|
| Financial Services | 17.28% | 0.00% | 56.07% | 22.26% |
| Technology | 14.64% | 0.00% | 100.00% | 75.18% |
| Consumer Cyclical | 14.23% | 0.00% | 29.68% | 20.44% |
| Industrials | 10.98% | 0.00% | 20.60% | 32.48% |
| Healthcare | 9.31% | 0.00% | 51.14% | 75.91% |
| Communication Services | 7.33% | 0.00% | 23.22% | 64.96% |
| Consumer Defense | 6.91% | 0.00% | 23.90% | 41.97% |
| Basic Materials | 6.69% | 0.00% | 25.11% | 20.07% |
| Energy | 4.56% | 0.00% | 100.00% | 22.99% |
| Real Estate | 4.08% | 0.00% | 78.90% | 29.20% |
| Utilities | 4.00% | 0.00% | 37.26% | 34.31% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | RMDFX % Rank | |
|---|---|---|---|---|
| Non US | 19.81% | -23.77% | 36.98% | 13.90% |
| US | 2.02% | -15.91% | 91.88% | 86.78% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | RMDFX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 34.76% | 0.27% | 100.00% | 49.49% |
| Derivative | 29.07% | 0.00% | 91.28% | 15.25% |
| Government | 24.55% | 0.00% | 86.44% | 38.64% |
| Corporate | 8.07% | 0.00% | 93.88% | 54.58% |
| Securitized | 3.50% | 0.00% | 89.57% | 42.71% |
| Municipal | 0.05% | 0.00% | 26.35% | 23.73% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | RMDFX % Rank | |
|---|---|---|---|---|
| US | 22.12% | -24.79% | 3035.20% | 46.78% |
| Non US | 9.59% | -528.06% | 6446.87% | 27.80% |
RMDFX - Expenses
Operational Fees
| RMDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 0.29% | 0.29% | 31.15% | 100.00% |
| Management Fee | 0.10% | 0.00% | 2.50% | 1.68% |
| 12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
| Administrative Fee | 0.01% | 0.01% | 0.30% | 1.23% |
Sales Fees
| RMDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
| RMDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 1.00% | 2.00% | 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.
| RMDFX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 10.00% | 0.00% | 496.00% | 9.47% |
RMDFX - Distributions
Dividend Yield Analysis
| RMDFX | Category Low | Category High | RMDFX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 0.00% | 0.00% | 2.14% | 63.76% |
Dividend Distribution Analysis
| RMDFX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Quarterly | Annually |
Net Income Ratio Analysis
| RMDFX | Category Low | Category High | RMDFX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.69% | -1.93% | 6.83% | 59.03% |
Capital Gain Distribution Analysis
| RMDFX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Dividend Payout History
| Date | Amount |
|---|---|
| Dec 28, 2018 | $0.221 |
| Dec 28, 2017 | $0.030 |
| Dec 07, 2017 | $0.133 |
RMDFX - Fund Manager Analysis
Managers
John Allen
Start Date
Tenure
Tenure Rank
Dec 14, 2015
5.05
5.1%
John Allen, CFA, CAIA, is Chief Investment Officer (“CIO”) at Aspiriant, LLC. Mr. Allen joined Aspiriant, LLC as CIO in 2014. Prior to joining Aspiriant, LLC he was a senior member of the client service team at Grantham, Mayo, Van Otterloo (“GMO”) from 2009 to 2014. Prior to joining GMO, Mr. Allen was Head of Investments at a large family office. He began working in the financial services industry in the investment banking department at Donaldson, Lufkin & Jenrette and business consulting practice of Stern Stewart & Company.
Marc Castellani
Start Date
Tenure
Tenure Rank
Dec 14, 2015
5.05
5.1%
Marc Castellani, CFA, CAIA, CIMA, is Managing Director of Investment Strategy & Research at Aspiriant, LLC. Mr. Castellani joined Aspiriant, LLC in 2015. Prior to joining Aspiriant, LLC, he worked at J.P. Morgan Private Bank in Los Angeles from 2012 to 2015. Prior to joining J.P. Morgan Private Bank, he worked at U.S. Trust from 2010 to 2012. Previously, Mr. Castellani worked in Merger and Acquisitions of J.P. Morgan and Banc of America Securities. He began his career in the financial services industry as an Associate in the corporate finance advisory practice of Stern Stewart & Company.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.04 | 17.12 | 4.3 | 3.51 |
