Aspiriant Defensive Allocation Fund (RMDFX)

Overview

The provided company specializes in investments primarily in municipal securities that are not subject to regular federal personal income tax. This strategy is designed to offer investors a tax-advantaged income, making it an appealing option for those in higher tax brackets seeking relief from federal taxes on their investment income. The fund's focus on investing a minimum of 80% of its total assets in such tax-exempt municipal securities reflects a commitment to delivering consistent, tax-efficient returns. These municipal securities comprise a range of obligations issued by U.S. states, their subdivisions, authorities, instrumentalities, and corporations as well as obligations issued by U.S. territories like Puerto Rico, the U.S. Virgin Islands, and Guam. This diversification across different issuers within the realm of tax-exempt municipal bonds aims to provide both risk management and opportunities for income.

Products and Services

• Tax-Exempt Municipal Securities Investment

  The fund's main service is focused on investing in municipal securities that provide income exempt from regular federal personal income tax. This includes investments in obligations issued by various entities within U.S. states and their subdivisions, which covers a wide range of issuers and helps in diversifying the investment portfolio. Additionally, investments extend to obligations issued by U.S. territories, further widening the scope of tax-exempt income sources for investors.