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Mutual Funds

U.S. Government Securities Fund

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The Fund’s investment objective is to seek liquidity, safety from credit risk, preservation of investors principal and as high a level of income as is consistent with these objectives.

PERFORMANCE OF A $10,000 INVESTMENT - DIRECT SHARES



A hypothetical initial investment of $10,000 on 12/04/85, the inception date of the CAUSX Fund, would have grown to $53,109 (including reinvested dividends) as of 12/31/15.
PERFORMANCE OF A $10,000 INVESTMENT - DIRECT SHARES


A hypothetical initial investment of $10,000 on 12/04/85, the inception date of the CAUSX Fund, would have grown to $53,109 (including reinvested dividends) as of 12/31/15.
Average Total Returns
as of 12/31/15


Total returns include changes in share price and the reinvestment of income dividends and all capital gains distributions. All performance figures reflect an expense reimbursement, where applicable. Without the expense reimbursement, the performance figures would be lower.

The performance data quoted represents past performance. Performance figures represent past performance and are not a guarantee of future results. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost; current performance may be lower or higher than the performance data quoted. For more current month-end Fund performance information, please refer to the Monthly Total Return Information link located on the right-hand side of this page or call our office at (800) 955-9988.
Average Total Returns
as of 12/31/15

Total returns include changes in share price and the reinvestment of income dividends and all capital gains distributions. All performance figures reflect an expense reimbursement, where applicable. Without the expense reimbursement, the performance figures would be lower.

The performance data quoted represents past performance. Performance figures represent past performance and are not a guarantee of future results. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost; current performance may be lower or higher than the performance data quoted. For more current month-end Fund performance information, please refer to the Monthly Total Return Information link located on the right-hand side of this page or call our office at (800) 955-9988.

Fund at a Glance

This Fund seeks to maximize current income by investing primarily in long-term U.S. Government Securities. It is made up of U.S. Government Securities, primarily treasury bonds, notes and GNMAs.

  • The bonds in the Fund are backed by the full faith and credit of the United States Government. This means that the Government insures the bonds against default, but not the Fund itself.
  • Long-term bond funds typically pay higher dividends than short-term bond funds and money market funds. However, the share price is usually more volatile. In other words, you earn a higher dividend by accepting higher risk.
  • If you want to own a long-term bond fund, and are comfortable with the share price fluctuation, you may want to consider this Fund. This Fund is referred to as an “income fund” meaning that it pays dividend income and is not managed for growth. Your investment time-frame should be long-term in nature.
Portfolio Composition



Portfolio Composition


Disclosures

Fund information is not intended to represent future portfolio composition.  Portfolio holdings are subject to change and should not be considered a recommendation to buy individual securities.

The Fund is subject to several risks, any of which could cause the Fund to lose money. These risks, which are described more fully in the prospectus, include interest rate risk, income risk, call risk, and prepayment risk.

*Morningstar Rating™ for Funds: For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance (including the effects of sales charges, loads and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.) The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-, 5- and 10-year (if applicable) Morningstar Ratings metrics. Past results are not guarantee of results in future periods.

Morningstar's star rating is a tool that compares a fund's historical returns against that of other funds within a Morningstar Category. Funds receive ratings of 1 star (lowest) and 5 stars (highest). The ratings are determined by a complex calculation that measures a fund's historical results, downside risks and sales charges. Star ratings are not predictive, but only provide a snapshot of how a fund performed in the past. Moreover, a star rating can change at any time due to fluctuations in a fund's performance, changes in the performance of other funds within a Morningstar Category or if a fund moves from one Morningstar Category to another.

This Fact Sheet must be preceded or accompanied by the current prospectus of the Shelton Funds.  Investors should consider a fund’s investment objectives, risks, charges and expenses carefully before investing.  The prospectus contains this and other information about the fund.  To obtain a prospectus, visit www.sheltoncap.com or call (800) 955-9988.  A prospectus should be read carefully before investing.  Shelton Funds are distributed by RFS Partners, a member of FINRA and affiliate of Shelton Capital Management. (01/2016)

Investments are not FDIC insured or bank guaranteed and may lose value.