Investment objective & strategy
As of Dec. 31, 2025 · prospectusObjective. The Funds investment objective is to seek liquidity, safety from credit risk and as high a level of income as is consistent with these objectives.
Strategy. The Fund invests primarily in high-quality bonds whose interest is guaranteed by the full faith and credit of the United States government and its agencies or instrumentalities. The government securities in which the Fund invests primarily include U.S. Treasury Securities and Government National Mortgage Association (GNMA) Certificates. Under normal market conditions, it is the Funds policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in securities issued by the U.S. government and its agencies and instrumentalities. The Fund invests in intermediate and long-term fixed income securities. While the Fund is not limited to any duration, Shelton Capital Management, the investment advisor to the Fund, generally seeks to target the … The Fund invests primarily in high-quality bonds whose interest is guaranteed by the full faith and credit of the United States government and its agencies or instrumentalities. The government securities in which the Fund invests primarily include U.S. Treasury Securities and Government National Mortgage Association (GNMA) Certificates. Under normal market conditions, it is the Funds policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in securities issued by the U.S. government and its agencies and instrumentalities. The Fund invests in intermediate and long-term fixed income securities. While the Fund is not limited to any duration, Shelton Capital Management, the investment advisor to the Fund, generally seeks to target the Funds dollar- weighted average portfolio duration in a range between three to twelve years. Generally, Shelton Capital Management seeks a balance between risk and return, for example in allocating investments between U.S. Treasury bonds and GNMA pass-through securities in an attempt to maximize the overall performance of the Fund. Shelton Capital Management generally will consider selling securities from the Funds portfolio when it believes that such securities are no longer consistent with the Funds investment objective, when altering the duration of the fund or the balance or investments among treasuries and GNMAs, to meet redemption requests and in other circumstances that Shelton deems appropriate consistent with the Funds investment objective.
Top holdings
As of Feb. 28, 2026 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| US TREASURY N/B | — | $1.45M | 13.01% |
| US TREASURY N/B | — | $1.44M | 12.92% |
| US TREASURY N/B | — | $1.22M | 10.95% |
| US TREASURY N/B | — | $1.22M | 10.93% |
| US TREASURY N/B | — | $921.35K | 8.25% |
| US TREASURY N/B | — | $856.18K | 7.66% |
| US TREASURY N/B | — | $846.62K | 7.58% |
| US TREASURY N/B | — | $801.19K | 7.17% |
| US TREASURY N/B | — | $621.91K | 5.57% |
| US TREASURY N/B | — | $531.78K | 4.76% |
Portfolio moves
Nov 30, 2025 → Feb 28, 2026How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| WisdomTree 7-10 Year Treasury Digital Fund · WTSTX | 15% | 0.05% |
| WisdomTree 7-10 Year Laddered Treasury Fund · USIN | 15% | 0.15% |
| iShares 7-10 Year Treasury Bond ETF · IEF | 15% | 0.15% |
Advisers
| Firm | Role |
|---|---|
| CCM Partners, LP. dba Shelton Capital Management | Adviser |
Footnotes
- Expense ratio as of December 31, 2025, from the fund's prospectus.
- Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.
- Total return for calendar year 2025, before tax and after fund expenses. Computed by compounding the twelve monthly total returns the fund reported in its SEC N-PORT filings for 2025 (the latest prospectus does not yet chart this year).
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