ESG Strategies

At Shelton Capital Management we actively manage investments for clients seeking an environmental, green or sustainable focus.

Equity Solutions:

Fixed Income Allocations:

  • Green California Tax-Free Income Fund (CFNTX)
  • Green Municipal Bond Portfolio Strategies and we can create customized portfolios (Fixed Income SMAs)
    • Specific state options including California or New York

Shelton Green Alpha Fund

Overall Morningstar RatingTM

star star star star star   NEXTX

NEXTX received an Overall Morningstar Rating of 5 stars among 542 Mid-Cap Growth funds, based on the risk-adjusted returns, as of 3/31/2022. Important Information for Morningstar® Rating

Fund Objective

The Fund’s investment objective is to achieve long-term capital appreciation by investing in stocks in the green economy.

Fund At A Glance

          • Identifies a universe of green economy companies based on a set of qualitative criteria that have above average growth potential.
          • A “green economy” company is one which is believed to improve human well-being and increase economic efficiencies, while significantly reducing environmental risks.
          • Seeks companies which provide products and services that help economies adapt to, solve or mitigate the effects of key environmental and economic systemic risks.

Fund Information

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Fund Management

Shelton Capital Management is the Fund’s advisor and served as the investment advisor and administrator to the Shelton Funds since 1985.

The sub-advisor for the Shelton Green Alpha Fund is Green Alpha Advisors, LLC.

Garvin 240 for website
Green Alpha Advisors Founder

Garvin Jabusch
Jeremy 240 for website
Green Alpha Advisors Co-Founder

Jeremy Deems
Garvin 240 for website

Green Alpha Advisors Founder

Garvin Jabusch

Prior to co-founding Green Alpha with Jeremy Deems in 2007, Garvin worked at Forward Management, LLC where he managed the Sierra Club Stock Fund and the Sierra Club Equity Income Fund. Before Forward Management, Garvin served as Vice President of Strategic Services at Morgan Stanley where he contributed to such projects as the integration of European acquisitions and the disposition of Morgan Stanley Online.

Earlier, Garvin studied in the Ph.D. program in physical anthropology and archaeology for five years at the University of Utah. Garvin was a field Director for the American Expedition to Petra, Jordan for two excavation seasons, and served as archaeologist and crew chief at many sites in the American West.  Other jobs held by Garvin have included EMT and whitewater rafting guide. Garvin holds an MBA in international management and finance from the American Graduate School of International Management (Thunderbird). 

Jeremy 240 for website

Green Alpha Advisors Co-Founder

Jeremy Deems

Prior to co-founding Green Alpha, Jeremy was CFO of Forward Management, LLC, the investment advisor to the Forward Funds and Sierra Club Mutual Funds. He was responsible for all areas related to finance, operations, and human resources. Jeremy was also a co-portfolio manager on the Sierra Club Stock Fund, alongside Green Alpha co-founder, Garvin Jabusch. In addition, Jeremy was the CFO of ReFlow Management Co., LLC, an innovative liquidity management tool for the mutual fund industry.

Jeremy holds an MBA in Finance and B.S. in Business Administration, Honors Concentration in Financial Services from Saint Mary’s College of California. He was a licensed Certified Public Accountant from 2001 to 2016.   Jeremy is also an independent Trustee and Audit Committee Chairman for several mutual fund trusts, consisting of funds managing in excess of $20 billion in client assets, spanning the open-end, exchange traded and closed-end fund marketplaces.

Resources

Documents PDF Zip
Prospectus pdf DL
Annual Report pdf DL
Statement of Additional Information pdf DL
Semi-Annual Report pdf DL

Important Information

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 stock market risk, economic and political events risks, sector risks, large and medium sized company risks and value investing risks.

Green Alpha’s environmental focus may limit investment options available to the Fund and may result in lower returns than returns of funds not subject to such investment considerations. There are no assurances that the Fund will achieve its objective and or strategy.  Investing in securities of small and medium sized companies, even indirectly, may involve greater volatility than investment in larger and more established companies.

Investors should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Fund. 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.

INVESTMENTS ARE NOT FDIC INSURED OR BANK GUARANTEED AND MAY LOSE VALUE.

Green California Tax-Free Income Fund

Fund Objective

The Fund’s investment objective is to seek high current tax-free income for California residents.

Fund At A Glance

  • Seeks to invest in bonds that meet environmental, social and governance screens.
  • The manager uses criteria including, but not limited to, use of bond proceeds, expected environmental impact, source of revenues for repayment and reputation of issuer.
  • Generally, purchases high quality bonds that are believed to have a low default probability
  • Invests in municipal bonds issued by the State of California and produce tax-exempt interest.

This Fund is intended primarily for residents of California. If you are looking for tax-free income and are comfortable with the moderate volatility of a long-term bond fund, this may be the right investment for you.

Fund Information

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Portfolio Management Team

Portfolio Manager Bill Mock

2 Bill Mock
Portfolio Manager

Bill Mock
2 Bill Mock

Portfolio Manager

Bill Mock

Bill Mock is the lead member of the portfolio management team for Shelton’s Fixed Income and Money Market funds. Bill rejoined the firm in February 2010 after serving as a portfolio manager for California Investment Trust from 2001 to 2003. Bill left the firm to join TKI Capital Management, a convertible arbitrage hedge fund, where he served as head trader through 2006.

Bill holds a B.S. degree in Electrical Engineering from Kansas State University and an MBA with Honors from the University of Chicago Graduate School of Business.

Resources

Documents PDF Zip
Prospectus pdf DL
Annual Report pdf DL
Statement of Additional Information pdf DL
Semi-Annual Report pdf DL
XBRL Files Zip DL

Important Information

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, state-specific risk, income risk, call risk, credit risk, and bankruptcy risk.

Investors should consider the Fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about the Fund. 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.

INVESTMENTS ARE NOT FDIC INSURED OR BANK GUARANTEED AND MAY LOSE VALUE.

Contact Us For More Information

We have a team of professionals dedicated to supporting the needs of our advisor clients. Request to consult with a Portfolio Manager and your Director of Advisor Services to learn more about how we can help you meet your clients’ needs.

Sales Territory

Josh Fudge
Director Of Advisor Services, Western Region

Josh Fudge
2 Ryan Groves
Director Of Advisor Services, Central Region

Ryan Groves
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Director of Advisor Services, East Region

Matt Gunter
2 Jeff Medina 1
Business Development Executive

Jeff Medina
Hayley Headshot
Advisor Services Associate, Central Region

Hayley Hammonds
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Advisor Services Associate, West Region

Austin Gais, CFA
Josh Fudge

Director Of Advisor Services, Western Region

Josh Fudge

Josh Fudge joined Shelton Capital Management in 2019.  He is a member of the Advisory Services Team with a focused responsibility on sales and marketing initiatives.

Prior to joining Shelton Capital Management, Josh held various roles in the investment industry most recently with RBC Wealth Management where he was responsible for investment analysis and client growth. The majority of Josh’s career has been focused on sales and distribution as a Director with WHV Investments, a VP at SteelPath/OppenheimerFunds, and various positions at Janus Capital Group. Away from work he enjoys skiing, hiking, and spending time outdoors with his wife, three children, and their dog Bailey.

Josh is a graduate of Miami University (Oxford, OH).

Email:jfudge@sheltoncap.com

2 Ryan Groves

Director Of Advisor Services, Central Region

Ryan Groves

Ryan Groves joined Shelton Capital Management in April of 2016. Ryan is a member of the Advisory Services Team with a focused responsibility on sales and marketing initiatives across the intermediary advisor channels. 

Prior to joining Shelton Capital Management, Ryan has held sales and client service positions with WHV Investments, ALPS Funds, and State Street Bank. 

Ryan lives in Denver with his wife, Stephanie and their young daughter, Piper. Ryan spends a lot of his free time racing BMW’s in a semi-pro racing league.

Ryan graduated from the University of Kansas with a degree in Business and Art History.  

Email:rgroves@sheltoncap.com

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Director of Advisor Services, East Region

Matt Gunter

Matt Gunter joined Shelton Capital Management in 2021. He is a member of the Advisory Services Team with a focused responsibility on sales and marketing initiatives.

Prior to joining Shelton Capital Management, Matt was most recently a Director of Business Development with Segall Bryant & Hamill. Prior to that role, he held VP of Sales positions with Westcore Funds and Scout Investments, serving the RIA, Family Office and Bank Trust channels. Earlier in his career, Matt worked as a financial advisor at UBS-PaineWebber, Bankers & Investors and American Century Investments.

When he is not working, he enjoys fishing in Mexico, smoking homemade BBQ and staying physically active. Before relocating to Denver, Matt played rugby with the Kansas City Blues Rugby Club for several years and remains an active alumni member.

2 Jeff Medina 1

Business Development Executive

Jeff Medina

Jeff Medina is a member of the Advisory Services team focused on sales in both the Northeast and Southeast regions. Jeff cultivates new advisor relationships and works to enhance relationships with our existing advisor clients.

Jeff graduated from the John F. Welch College of Business at Sacred Heart University with a degree in Finance.

Prior to Shelton Capital Management, Jeff held positions ranging from fund sales to portfolio construction for ultra-high net worth clients. Jeff enjoys spending his free time playing various sports such as softball and golf while also serving on the Board of Directors for the Social Services Department in the Town of Greenwich.

Email:jmedina@sheltoncap.com

Hayley Headshot

Advisor Services Associate, Central Region

Hayley Hammonds

Hayley Hammonds is a member of the Advisory Services team focused on sales in the Central region. 

She earned her bachelor’s degree in Business Administration and Marketing from the University of Arkansas and holds her Series 7, 6 and 63 licenses.

Prior to Shelton Capital, Hayley worked as a Sales Coordinator for 361 Capital.

Email:hhammonds@sheltoncap.com

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Advisor Services Associate, West Region

Austin Gais, CFA

Austin Gais joined Shelton Capital Management in September 2021. Austin is a member of the Advisory Services Team with a focused responsibility on sales and marketing initiatives.

Prior to joining Shelton Capital Management, Austin held a sales and client service position with Ziegler Capital Management on the Institutional and Investment Banking team. He also underwrote leveraged investments for Collegiate Peaks Bank. Austin and his wife Brooke recently moved back to Denver from Chicago and enjoy any chance to compete against each other. Austin and Brooke picked up platform tennis a few years ago, and each adamantly believes they’re the better player. He also enjoys skiing, though he has more passion than skill. Austin graduated from Lake Forest College with a degree in Finance and Entrepreneurship. He is a CFA® charterholder and a member of the CFA Institute and the CFA Society of Colorado.