Performance
Trailing returns
| 1 day | +0.00% | ||||
| 1 week | +0.00% | ||||
| 4 week | +0.00% | ||||
| 3 month | +0.00% | ||||
| YTD | +0.00% | ||||
| 1 year | +0.00% | ||||
| 3 years* | +0.00% | ||||
| 5 years* | +0.25% |
| |||
| *annualised | |||||
| Best 3-month return | +0.86% | |
| Worst 3-month return | 0.00% |
Morningstar statistics
Morningstar category: Money Market- Tax-Free
Key statistics
| Total assets | 31.75M | |
| Front load | - | |
| Deferred load | - | |
| Expense ratio | 0.53% | |
| Management fee | - | |
| Fund family | Shelton Capital Management |
Asset allocation
| Cash | 10.47% | |
| Stocks | 0.00% | |
| Bonds | 89.53% | |
| Other | 0.00% |
Purchase information
| Initial | $1,000 | |
| Additional | $250 | |
| IRA Initial | $1,000 | |
| AIP Initial | $500 | |
| AIP Additional | $100 |
1.000.00(0.00%)
May 20, 4:00pm GMT-4
Description
The investment seeks high current tax-free income for California residents while maintaining a stable net asset value of $1.00 per share. The Manager invests in high-quality municipal securities whose interest is not subject to federal and California personal income taxes and have a maturity of less than 397 days, such that the fund's weighted average maturity does not exceed the rule 2A-7 requirements, which is currently 60 days. The fund invests at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in California municipal bonds, but as a general rule the percentage is much higher. It is non-diversified.
Fund filings (PDF) »
Fund filings (PDF) »
Asset managers:
William Mock (Started: Feb 22, 2010)
Stephen Rogers (Started: Dec 31, 2003)
William Mock (Started: Feb 22, 2010)
Stephen Rogers (Started: Dec 31, 2003)
Shelton Capital Management, 44 Montgomery Street, Suite 2100, San Francisco
Risk
| 1 year | 3 years | 5 years | 10 years | ||
| Alpha* | - | - | - | - | |
| Beta* | - | - | - | - | |
| Mean annual return | 0.00 | 0.00 | 0.02 | 0.09 | |
| R-squared* | - | - | - | - | |
| Standard deviation | 0.00 | 0.00 | 0.19 | 0.34 | |
| Sharpe ratio | -21.90 | -6.73 | -0.14 | -2.47 | |
| * Against standard index | |||||
Top 10 holdings
| Security | Net Assets | |
| California Statewide Cmntys De Var Rev B | 4.80% | |
| Irvine Ranch Calif Wtr Dist 2.8% | 4.80% | |
| California Edl Facs Auth | 4.52% | |
| San Diego Cnty Calif Regl Tran Var Rev B | 4.28% | |
| Irvine Calif Impt Bd Act 1915 Assmt Bds | 4.24% | |
| Orange Cnty Calif Wtr Dist | 4.24% | |
| Southern Calif Pub Pwr Auth | 4.24% | |
| Western Mun Wtr Dist Facs Auth | 4.24% | |
| Metropolitan Wtr Dist 3.5% | 4.17% | |
| California St Var Rate | 3.95% |