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Shelton Equity Income Fund
mutual fund
EQTKX
Payout Change
Pending
Price as of:
$16.76
+0.14
+0.84%
primary theme
N/A
share class
EQTKX (Mutual Fund)
Shelton Equity Income Fund
Payout Change
Pending
Price as of:
$16.76
+0.14
+0.84%
primary theme
N/A
share class
EQTKX (Mutual Fund)
Shelton Equity Income Fund
Payout Change
Pending
Price as of:
$16.76
+0.14
+0.84%
primary theme
N/A
share class
Name
As of 12/24/2024Price
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
Vitals
YTD Return
20.6%
1 yr return
18.6%
3 Yr Avg Return
8.0%
5 Yr Avg Return
10.3%
Net Assets
$621 M
Holdings in Top 10
25.0%
52 WEEK LOW AND HIGH
$16.6
N/A
N/A
Expenses
OPERATING FEES
Expense Ratio 1.19%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 108.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 12/24/2024Price
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
EQTKX - Profile
Distributions
- YTD Total Return 20.6%
- 3 Yr Annualized Total Return 8.0%
- 5 Yr Annualized Total Return 10.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.49%
- Dividend Yield 10.9%
- Dividend Distribution Frequency None
Fund Details
-
Legal NameShelton Equity Income Fund
-
Fund Family NameSHELTONCAP
-
Inception DateJan 03, 2012
-
Shares OutstandingN/A
-
Share ClassK
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen Rogers
Fund Description
Shelton Equity Income Fund seeks a high level of current income by investing primarily in income-producing equity securities. The Fund will also consider the potential for price appreciation when consistent with seeking current income. In order to meet its investment objectives, 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 is the Fund’s policy that, under normal market conditions, it will invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in common stocks. The Fund’s policy of investing in common stocks may not be changed unless Fund shareholders are given at least 60 days prior notice. Shelton Capital Management, the investment advisor to the Fund “Shelton”, seeks to purchase equity securities for the Fund’s portfolio consistent with the Fund’s investment objective, such as when Shelton Capital Management believes such securities have income producing potential, a potential for capital appreciation or value potential.
When the market price of a stock equals or exceeds the strike price of a covered call option written against it, Shelton Capital Management may allow all or a portion of the stock to be sold or “called away” by the option buyer. Shelton Capital Management may sell portfolio securities for a variety of reasons, including when it believes such securities are no longer consistent with the Fund’s investment objective, other securities appear to offer more compelling opportunities, or to meet redemption requests.
Although the Fund will attempt to invest as much of its assets as is practical in income-producing stocks, the Fund may maintain a reasonable (up to 20%) position in cash, U.S. Treasury bills or money market instruments to meet redemption requests and other liquidity needs. The Fund may invest in stock futures contracts to keep the net assets of the Fund fully invested in the equity markets in circumstances when the Fund is holding treasury bills, money market instruments, similar investments or cash in the portfolio. Utilizing futures allows the Fund to maintain a high percentage of the portfolio in the market while maintaining cash for liquidity needs.
EQTKX - Performance
Return Ranking - Trailing
| Period | EQTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.6% | -12.5% | 31.9% | 49.04% |
| 1 Yr | 18.6% | -11.4% | 77.8% | 64.21% |
| 3 Yr | 8.0%* | -1.8% | 24.1% | 28.54% |
| 5 Yr | 10.3%* | 1.2% | 18.0% | 65.73% |
| 10 Yr | 8.2%* | 2.0% | 17.9% | 76.65% |
* Annualized
Return Ranking - Calendar
| Period | EQTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 6.2% | -87.2% | 57.5% | 74.92% |
| 2022 | -19.1% | -26.7% | 285.0% | 99.17% |
| 2021 | 9.1% | -32.1% | 76.3% | 88.36% |
| 2020 | -15.9% | -62.4% | 20.6% | 94.33% |
| 2019 | 11.0% | -72.0% | 37.9% | 95.05% |
Total Return Ranking - Trailing
| Period | EQTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 20.6% | -12.5% | 31.9% | 47.31% |
| 1 Yr | 18.6% | -11.4% | 86.0% | 59.97% |
| 3 Yr | 8.0%* | -1.8% | 24.1% | 25.44% |
| 5 Yr | 10.3%* | 0.8% | 18.6% | 62.91% |
| 10 Yr | 8.2%* | 1.8% | 17.9% | 74.29% |
* Annualized
Total Return Ranking - Calendar
| Period | EQTKX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2023 | 20.2% | -87.3% | 57.5% | 74.92% |
| 2022 | -8.5% | -26.7% | 285.0% | 99.17% |
| 2021 | 25.9% | -32.1% | 76.3% | 88.36% |
| 2020 | 8.8% | -37.1% | 20.6% | 45.57% |
| 2019 | 27.2% | -9.5% | 37.9% | 69.71% |
NAV & Total Return History
EQTKX - Holdings
Concentration Analysis
| EQTKX | Category Low | Category High | EQTKX % Rank | |
|---|---|---|---|---|
| Net Assets | 621 M | 289 K | 131 B | 76.21% |
| Number of Holdings | 306 | 2 | 1641 | 9.75% |
| Net Assets in Top 10 | 186 M | 1.44 K | 29.9 B | 63.06% |
| Weighting of Top 10 | 24.95% | 5.1% | 100.0% | 74.57% |
Top 10 Holdings
- B 0 09/19/24 7.16%
- NVIDIA Corp. COM USD0.001 3.02%
- Apple Inc. COM USD0.00001 2.18%
- Netflix, Inc. COM USD0.001 1.98%
- Alphabet Inc. CAP STK USD0.001 CL A 1.97%
- Berkshire Hathaway Inc. COM USD0.0033 CLASS'B' 1.80%
- Amazon.com, Inc. COM USD0.01 1.77%
- Microsoft Corp. COM USD0.00000625 1.74%
- Meta Platforms Inc COM USD0.000006 CL 'A' 1.70%
- UnitedHealth Group Inc. COM USD0.01 1.63%
Asset Allocation
| Weighting | Return Low | Return High | EQTKX % Rank | |
|---|---|---|---|---|
| Stocks | 93.55% | 51.79% | 149.47% | 59.30% |
| Bonds | 7.16% | 0.00% | 30.30% | 72.48% |
| Cash | 0.55% | -45.87% | 21.47% | 37.45% |
| Preferred Stocks | 0.00% | 0.00% | 29.52% | 73.44% |
| Convertible Bonds | 0.00% | 0.00% | 9.12% | 71.15% |
| Other | -1.27% | -6.14% | 26.80% | 70.57% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | EQTKX % Rank | |
|---|---|---|---|---|
| Technology | 17.60% | 0.00% | 54.02% | 16.68% |
| Healthcare | 15.64% | 0.00% | 37.03% | 88.56% |
| Financial Services | 13.81% | 0.00% | 50.77% | 62.88% |
| Consumer Cyclical | 10.65% | 0.00% | 34.20% | 24.15% |
| Consumer Defense | 9.99% | 0.00% | 37.39% | 91.63% |
| Communication Services | 9.52% | 0.00% | 26.47% | 7.92% |
| Industrials | 7.88% | 0.00% | 46.68% | 76.23% |
| Utilities | 5.14% | 0.00% | 32.19% | 30.22% |
| Energy | 4.13% | 0.00% | 26.93% | 36.93% |
| Real Estate | 3.95% | 0.00% | 92.75% | 18.47% |
| Basic Materials | 1.68% | 0.00% | 26.85% | 33.10% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | EQTKX % Rank | |
|---|---|---|---|---|
| US | 93.55% | 26.40% | 146.37% | 38.73% |
| Non US | 0.00% | 0.00% | 45.02% | 58.79% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | EQTKX % Rank | |
|---|---|---|---|---|
| Cash & Equivalents | 0.00% | 0.00% | 100.00% | 50.87% |
| Securitized | 0.00% | 0.00% | 39.56% | 63.56% |
| Corporate | 0.00% | 0.00% | 100.00% | 69.66% |
| Municipal | 0.00% | 0.00% | 0.32% | 63.56% |
| Government | 0.00% | 0.00% | 100.00% | 64.22% |
| Derivative | -1.27% | 0.00% | 83.99% | 64.55% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | EQTKX % Rank | |
|---|---|---|---|---|
| US | 7.16% | 0.00% | 26.97% | 72.23% |
| Non US | 0.00% | 0.00% | 12.98% | 70.76% |
EQTKX - Expenses
Operational Fees
| EQTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.19% | 0.01% | 4.02% | 14.44% |
| Management Fee | 0.45% | 0.00% | 1.69% | 37.49% |
| 12b-1 Fee | 0.25% | 0.00% | 1.00% | 46.12% |
| Administrative Fee | 0.10% | 0.01% | 0.50% | 51.60% |
Sales Fees
| EQTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 0.00% | 5.75% | N/A |
| Deferred Load | N/A | 0.95% | 5.50% | N/A |
Trading Fees
| EQTKX 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.
| EQTKX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 108.00% | 0.00% | 488.00% | 87.12% |
EQTKX - Distributions
Dividend Yield Analysis
| EQTKX | Category Low | Category High | EQTKX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 10.89% | 0.00% | 2.60% | 70.81% |
Dividend Distribution Analysis
| EQTKX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | None | Monthly | Monthly | Monthly |
Net Income Ratio Analysis
| EQTKX | Category Low | Category High | EQTKX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.49% | -1.98% | 5.38% | 91.75% |
Capital Gain Distribution Analysis
| EQTKX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Sep 30, 2024 | $0.450 | OrdinaryDividend |
| Jun 28, 2024 | $0.400 | OrdinaryDividend |
| Mar 28, 2024 | $0.440 | OrdinaryDividend |
| Dec 29, 2023 | $0.272 | OrdinaryDividend |
| Nov 30, 2023 | $0.114 | CapitalGainShortTerm |
| Nov 30, 2023 | $0.159 | CapitalGainLongTerm |
| Sep 29, 2023 | $0.363 | OrdinaryDividend |
| Jun 30, 2023 | $0.350 | OrdinaryDividend |
| Mar 31, 2023 | $0.300 | OrdinaryDividend |
| Dec 30, 2022 | $0.303 | OrdinaryDividend |
| Nov 30, 2022 | $0.218 | CapitalGainLongTerm |
| Sep 30, 2022 | $0.244 | OrdinaryDividend |
| Jun 30, 2022 | $0.317 | OrdinaryDividend |
| Mar 31, 2022 | $0.422 | OrdinaryDividend |
| Dec 31, 2021 | $0.441 | OrdinaryDividend |
| Nov 30, 2021 | $0.427 | CapitalGainLongTerm |
| Sep 30, 2021 | $0.502 | OrdinaryDividend |
| Jun 30, 2021 | $0.442 | OrdinaryDividend |
| Mar 31, 2021 | $0.359 | OrdinaryDividend |
| Dec 31, 2020 | $0.351 | OrdinaryDividend |
| Nov 30, 2020 | $2.534 | OrdinaryDividend |
| Sep 30, 2020 | $0.404 | OrdinaryDividend |
| Jun 30, 2020 | $0.342 | OrdinaryDividend |
| Mar 31, 2020 | $0.422 | OrdinaryDividend |
| Dec 31, 2019 | $0.418 | OrdinaryDividend |
| Nov 29, 2019 | $0.035 | CapitalGainShortTerm |
| Nov 29, 2019 | $1.310 | CapitalGainLongTerm |
| Sep 30, 2019 | $0.358 | OrdinaryDividend |
| Jun 28, 2019 | $0.109 | OrdinaryDividend |
| Mar 29, 2019 | $0.089 | OrdinaryDividend |
| Dec 31, 2018 | $0.351 | OrdinaryDividend |
| Nov 30, 2018 | $0.602 | CapitalGainShortTerm |
| Nov 30, 2018 | $3.049 | CapitalGainLongTerm |
| Sep 28, 2018 | $0.038 | OrdinaryDividend |
| Jun 29, 2018 | $0.062 | OrdinaryDividend |
| Nov 30, 2017 | $0.166 | CapitalGainShortTerm |
| Nov 30, 2017 | $2.621 | CapitalGainLongTerm |
| Sep 29, 2017 | $0.222 | OrdinaryDividend |
| Jun 30, 2017 | $0.232 | OrdinaryDividend |
| Mar 31, 2017 | $0.045 | OrdinaryDividend |
| Dec 30, 2016 | $0.061 | OrdinaryDividend |
| Nov 30, 2016 | $0.436 | CapitalGainShortTerm |
| Nov 30, 2016 | $3.032 | CapitalGainLongTerm |
| Sep 30, 2016 | $0.146 | OrdinaryDividend |
| Jun 30, 2016 | $0.105 | OrdinaryDividend |
| Mar 31, 2016 | $0.023 | OrdinaryDividend |
| Dec 31, 2015 | $0.001 | OrdinaryDividend |
| Nov 30, 2015 | $0.360 | CapitalGainLongTerm |
| Sep 30, 2015 | $0.270 | OrdinaryDividend |
| Jun 30, 2015 | $0.076 | OrdinaryDividend |
| Dec 31, 2014 | $0.140 | OrdinaryDividend |
| Sep 30, 2014 | $0.064 | OrdinaryDividend |
| Jun 30, 2014 | $0.050 | OrdinaryDividend |
| Mar 31, 2014 | $0.031 | OrdinaryDividend |
| Dec 31, 2013 | $0.139 | OrdinaryDividend |
| Sep 30, 2013 | $0.061 | OrdinaryDividend |
| Jun 28, 2013 | $0.062 | OrdinaryDividend |
| Mar 28, 2013 | $0.010 | OrdinaryDividend |
| Dec 31, 2012 | $0.074 | OrdinaryDividend |
| Sep 28, 2012 | $0.064 | OrdinaryDividend |
| Jun 29, 2012 | $0.058 | OrdinaryDividend |
| Mar 30, 2012 | $0.075 | OrdinaryDividend |
EQTKX - 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.
Barry Martin
Start Date
Tenure
Tenure Rank
Jan 01, 2018
4.41
4.4%
Barry Martin, CFA, is a Portfolio Manager for Shelton Capital Management’s Option Overlay Strategies. Mr. Martin specializes in option strategies and has been managing options for over 20 years. He received a B.S. from the University of Arizona and has earned the right to use the Chartered Financial Analyst (CFA) designation.
Nick Griebenow
Start Date
Tenure
Tenure Rank
Dec 31, 2019
2.42
2.4%
Nick Griebenow, CFA is an Assistant Portfolio Manager for Shelton Capital Management’s Option Overlay Strategies. Mr. Griebenow has extensive knowledge in option strategies and was previously a Senior Derivatives Trader at a large national brokerage firm. He received a B.A. from Colorado State University.
Tenure Analysis
| Category Low | Category High | Category Average | Category Mode |
|---|---|---|---|
| 0.01 | 86.09 | 7.39 | 6.21 |
