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Trending ETFs

Shelton Funds - Shelton S&P SmallCap Index Fund USD Cls K

mutual fund
SMLKX
Payout Change
Pending
Price as of:
$20.73 +0.02 +0.1%
primary theme
U.S. Small-Cap Blend Equity
SMLKX (Mutual Fund)

Shelton Funds - Shelton S&P SmallCap Index Fund USD Cls K

Payout Change
Pending
Price as of:
$20.73 +0.02 +0.1%
primary theme
U.S. Small-Cap Blend Equity
SMLKX (Mutual Fund)

Shelton Funds - Shelton S&P SmallCap Index Fund USD Cls K

Payout Change
Pending
Price as of:
$20.73 +0.02 +0.1%
primary theme
U.S. Small-Cap Blend Equity

Name

As of 06/21/2024

Price

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

$20.73

$111 M

0.40%

$0.08

1.22%

Vitals

YTD Return

-2.4%

1 yr return

10.5%

3 Yr Avg Return

-3.8%

5 Yr Avg Return

5.7%

Net Assets

$111 M

Holdings in Top 10

6.0%

52 WEEK LOW AND HIGH

$20.7
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.22%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 14.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$1,000

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 06/21/2024

Price

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

$20.73

$111 M

0.40%

$0.08

1.22%

SMLKX - Profile

Distributions

  • YTD Total Return -2.4%
  • 3 Yr Annualized Total Return -3.8%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.10%
DIVIDENDS
  • Dividend Yield 0.4%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Shelton Funds - Shelton S&P SmallCap Index Fund USD Cls K
  • Fund Family Name
    SHELTONCAP
  • Inception Date
    Jan 03, 2012
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Stephen Rogers

Fund Description

The S&P SmallCap Index Fund seeks to provide investment results that correspond to the total return of publicly traded common stocks of small-sized companies, as represented by the S&P SmallCap 600 Index The S&P SmallCap 600 Index includes common stocks of 600 small U.S. companies from a broad range of industries. Standard & Poor’s, which maintains the index, makes all determinations regarding the inclusion of stocks in the index. Each stock is weighted in proportion to its total market value. The Fund is passively managed. It invests primarily in the stocks that make up the S&P SmallCap 600 Index so that the weighting of each stock in the portfolio approximates the index. Shelton Capital Management, the investment advisor to the Fund “Shelton”, seeks to maintain a return correlation of at least 0.95 to the S&P SmallCap 600 Index (a return correlation of 1.00 is perfect). 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 the underlying stocks. The S&P SmallCap 600 Index is a well-known stock market index that includes common stocks of companies representing approximately 2.5% of the total market index as measured by the S&P Composite 1500. As of November 30, 2021, companies included in the S&P SmallCap 600 Index range from $225.4 million to $8.5 billion in market capitalization. The median market capitalization of the stocks in the S&P SmallCap 600 Index is approximately $1.6 billion. The Fund may invest in futures contracts. The Fund generally maintains some short-term securities and cash equivalents in the portfolio to meet redemptions and needs for liquidity. Shelton will typically buy futures contracts so that the market value of the futures replicates the difference between the net assets of the fund and the equity holdings. This helps minimize the tracking error of the Fund.

The Fund invests in relatively smaller companies from many sectors. In doing so, the Fund is not as sensitive to the movements of a single company’s stock or a single economic sector. However, during periods where investment alternatives such as LargeCap stocks, SmallCap stocks, bonds and money market instruments outperform SmallCap stocks, we expect the performance of the Fund to underperform other mutual funds that invest in these alternatives. The S&P SmallCap 600 Index is a capitalization-weighted index, meaning companies are weighted based on their size. Thus, poor performance of the largest companies could result in negative performance of the index and the Fund.

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SMLKX - Performance

Return Ranking - Trailing

Period SMLKX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.4% -12.3% 21.8% 90.35%
1 Yr 10.5% -15.5% 45.0% 86.27%
3 Yr -3.8%* -11.2% 40.4% 92.23%
5 Yr 5.7%* -14.2% 32.1% 85.89%
10 Yr 6.5%* -3.4% 16.7% 64.18%

* Annualized

Return Ranking - Calendar

Period SMLKX Return Category Return Low Category Return High Rank in Category (%)
2023 11.0% -19.9% 29.0% 66.48%
2022 -24.3% -59.3% 118.2% 76.78%
2021 15.1% -31.6% 39.3% 29.71%
2020 5.6% -51.0% 39.5% 75.73%
2019 13.2% -5.6% 37.8% 90.00%

Total Return Ranking - Trailing

Period SMLKX Return Category Return Low Category Return High Rank in Category (%)
YTD -2.4% -12.3% 21.8% 90.35%
1 Yr 10.5% -15.5% 45.0% 86.27%
3 Yr -3.8%* -11.2% 40.4% 92.23%
5 Yr 5.7%* -14.2% 32.1% 85.89%
10 Yr 6.5%* -3.4% 16.7% 64.18%

* Annualized

Total Return Ranking - Calendar

Period SMLKX Return Category Return Low Category Return High Rank in Category (%)
2023 15.3% -11.7% 31.8% 63.69%
2022 -16.8% -45.2% 123.7% 53.93%
2021 16.9% 0.0% 47.7% 82.86%
2020 10.8% -50.5% 46.9% 63.60%
2019 21.5% 2.1% 43.7% 82.86%

NAV & Total Return History


SMLKX - Holdings

Concentration Analysis

SMLKX Category Low Category High SMLKX % Rank
Net Assets 111 M 529 K 145 B 80.37%
Number of Holdings 603 2 2454 20.74%
Net Assets in Top 10 3.53 M 120 K 10.3 B 97.59%
Weighting of Top 10 5.96% 3.5% 100.1% 93.87%

Top 10 Holdings

  1. Southwestern Energy Company COM USD0.10 1.08%
  2. SM Energy Co. COM USD0.01 0.62%
  3. Civitas Resources Inc COM NEW 0.58%
  4. Helmerich Payne Inc COM USD0.10 0.56%
  5. Rogers Corp CAP USD1 0.53%
  6. Agree Realty Corp COM USD0.0001 0.53%
  7. Livent Corporation COM USD0.001 0.52%
  8. Omnicell Inc COM USD0.001 0.52%
  9. UFP Industries Inc COM 0.52%
  10. Vonage Holdings Corporation COM STK USD0.001 0.51%

Asset Allocation

Weighting Return Low Return High SMLKX % Rank
Stocks
99.45% 2.52% 108.16% 23.15%
Cash
0.38% 0.00% 42.16% 85.56%
Bonds
0.17% -1.96% 82.35% 7.59%
Preferred Stocks
0.00% 0.00% 8.35% 50.19%
Other
0.00% -0.14% 36.28% 65.56%
Convertible Bonds
0.00% 0.00% 3.17% 49.17%

Stock Sector Breakdown

Weighting Return Low Return High SMLKX % Rank
Financial Services
17.00% 0.00% 35.52% 27.90%
Industrials
16.21% 2.46% 37.42% 54.68%
Technology
12.56% 0.00% 54.70% 73.60%
Healthcare
11.63% 0.00% 26.53% 60.49%
Consumer Cyclical
11.48% 0.99% 47.79% 47.00%
Real Estate
10.25% 0.00% 29.43% 10.11%
Energy
5.67% 0.00% 37.72% 60.86%
Basic Materials
5.57% 0.00% 18.66% 35.02%
Consumer Defense
4.76% 0.00% 18.87% 32.77%
Communication Services
2.86% 0.00% 14.85% 47.00%
Utilities
2.01% 0.00% 18.58% 62.73%

Stock Geographic Breakdown

Weighting Return Low Return High SMLKX % Rank
US
99.45% 2.52% 108.16% 21.30%
Non US
0.00% 0.00% 91.59% 56.48%

Bond Sector Breakdown

Weighting Return Low Return High SMLKX % Rank
Derivative
0.00% -1.42% 9.00% 56.85%
Cash & Equivalents
0.00% 0.00% 100.00% 91.30%
Securitized
0.00% 0.00% 8.22% 48.64%
Corporate
0.00% 0.00% 100.00% 53.11%
Municipal
0.00% 0.00% 0.15% 48.05%
Government
0.00% 0.00% 38.56% 49.42%

Bond Geographic Breakdown

Weighting Return Low Return High SMLKX % Rank
US
0.17% -1.96% 65.78% 7.59%
Non US
0.00% 0.00% 16.57% 48.15%

SMLKX - Expenses

Operational Fees

SMLKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.22% 0.01% 38.45% 36.31%
Management Fee 0.50% 0.00% 1.50% 23.98%
12b-1 Fee 0.25% 0.00% 1.00% 46.34%
Administrative Fee 0.10% 0.01% 0.45% 48.81%

Sales Fees

SMLKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

SMLKX 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.

SMLKX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 14.00% 1.00% 314.00% 7.51%

SMLKX - Distributions

Dividend Yield Analysis

SMLKX Category Low Category High SMLKX % Rank
Dividend Yield 0.40% 0.00% 42.47% 64.63%

Dividend Distribution Analysis

SMLKX Category Low Category High Category Mod
Dividend Distribution Frequency Quarterly Annually SemiAnnual Annual

Net Income Ratio Analysis

SMLKX Category Low Category High SMLKX % Rank
Net Income Ratio 0.10% -2.40% 2.49% 55.24%

Capital Gain Distribution Analysis

SMLKX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Quarterly Annually

Distributions History

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SMLKX - Fund Manager Analysis

Managers

Stephen Rogers


Start Date

Tenure

Tenure Rank

Dec 31, 2003

18.43

18.4%

Stephen C. Rogers has joined Shelton Capital Management in 1993 and serves as Chief Executive Officer of Shelton Capital Management. Mr. Rogers graduated from the University of Iowa in 1988 and earned his MBA from the University of California at Berkeley in 2000.

Anthony Jacoby


Start Date

Tenure

Tenure Rank

Jan 01, 2022

0.41

0.4%

Anthony Jacoby, CFA, has been a portfolio manager for the S&P 500 Index Fund, S&P MidCap Index Fund, S&P SmallCap Index Fund and Nasdaq-100 Index Fund since January 1, 2022. Mr. Jacoby joined Shelton in 2017 and previously worked at Brown Brothers Harriman since 2013. Mr. Jacoby graduated from the University of Colorado Boulder in 2008 with a B.A in Economics.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 49.61 7.12 2.58