The investment seeks liquidity, safety from credit risk and as high a level of income as is consistent with these objectives.  The fund invests primarily in high-quality bonds whose interest is guaranteed by the full faith and credit of the United States government and its agencies or instrumentalities. Under normal market conditions, it is the fund's policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in securities issued by the U.S. government and its agencies and instrumentalities.

Nasdaq

CAUSX

Under normal market conditions, it is the fund's fundamental policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in California municipal bonds, although generally the percentage is much higher. The fund's duration typically ranges from four to twelve years. It is non-diversified.

CFNTX

The investment seeks current income and capital appreciation.  Under normal circumstances, the fund invests at least 80% of the value of its net assets, plus the amount of any borrowings for investment purposes, in various credit-related instruments. The fund may invest up to 100% of its net assets in any one of the categories of instruments included in the preceding sentence.

DEBTX

The fund focuses on investing in equity securities of foreign companies in Emerging Markets with potential for earnings growth, primarily targeting stocks listed within the MSCI Emerging Markets Index.

EMSQX

The fund invests primarily in U.S. equity securities that generate a relatively high level of dividend income (relative to other equities in the same industry) and have the potential for capital appreciation. These securities will generally be stocks of medium and large U.S. corporations. It will invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in common stocks.

EQTIX

The fund invests primarily in common stocks of companies that Green Alpha Advisors, the investment sub-adviser to it, believes are leaders in managing environmental risks and opportunities, have above average growth potential and are reasonably valued. Under normal market conditions, at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) will be invested in U.S. common stocks and American Depository Receipts ("ADRs").

NEXTX

The fund primarily invests at least 80% of its net assets (plus borrowings for investment purposes) in a combination of equity securities of foreign companies with a suitable potential for earnings growth. It invests its assets in equity securities of non-U.S. companies located in countries with developed markets but may also invest in companies domiciled in emerging markets. The fund will invest at least 30% of its net assets, plus any borrowings for investment purposes, in securities of non-U.S. companies. It will normally invest in the securities of approximately 30 to 50 issuers.

Symbol	Full Name	Category	Inception	Expense Ratio	YTD Return	10Y Return (Annualized)	Dividend Yield	Risk / Return Rank
CAUSX	Shelton Capital Management U.S. Government Securit...	Government Bonds	Dec 3, 1985	0.75%	-0.46%	0.75%	2.88%	13
CFNTX	Green California Tax-Free Income Fund	Municipal Bonds	Dec 3, 1985	0.76%	-0.75%	1.45%	2.51%	23
DEBTX	Shelton Tactical Credit Fund	Nontraditional Bonds	Dec 11, 2013	1.97%	-2.23%	24.50%	4.32%	51
EMSQX	Shelton Emerging Markets Fund	Emerging Markets Diversified	Mar 19, 1997	1.77%	3.82%	—	15.76%	85
EQTIX	Shelton Equity Income Fund	Derivative Income	Sep 3, 1996	0.72%	-5.14%	8.30%	7.20%	18
NEXTX	Shelton Green Alpha Fund	Mid Cap Growth Equities	Mar 12, 2013	1.16%	3.82%	10.73%	0.19%	63
SISEX	Shelton International Select Equity Fund	Foreign Large Cap Equities	Dec 19, 2008	0.99%	1.30%	—	1.75%	77

Shelton Capital Management Mutual Funds List

Risk vs. Return Scatterplot