Denver, April 10, 2024 – Shelton Capital Management (“Shelton”), a multi-strategy asset manager with more than $5 billion in assets under management, is pleased to announce that the Shelton Tactical Credit Fund (DEBIX, DEBTX) has been selected by Investor’s Business Daily as one of the Best U.S. Taxable Bond Funds for 2024.
“We are proud to receive this recognition coming on the heels of our ten-year anniversary of the Fund. Our thoughtful approach to seeking income and capital appreciation through tactical allocation and fundamental credit research is producing attractive returns in the fixed income markets,” said Peter Higgins, Senior Portfolio Manager of the Shelton Tactical Credit Fund. “We believe the strategy is repeatable throughout all macro, credit and interest rate cycles and provides a compelling solution for our clients.”
The Fund, which has an Overall Morningstar Rating of 4 stars among 278 Nontraditional Bond funds, based on risk-adjusted returns, as of March 31, 2024.* DEBIX is a differentiated credit-focused fixed income total return strategy that employs credit analysis to identify bonds that are undervalued by the market. The Fund also has a top quartile ranking in the Nontraditional Bond category for the ten-year period ending (3/31/2024). *
About Shelton Capital Management
Shelton Capital Management is a multi-strategy asset manager offering investment solutions including mutual funds and separate accounts to the clients of wealth managers, the retirement plan market, and individual investors. Founded in 1985, Shelton Capital Management has maintained consistent investment principles and a steadfast focus on authentic customer service. Shelton Capital manages over $5 billion in assets as of 3/31/24. For additional information, visit https://sheltoncap.com.
Important Information
It is possible to lose money by investing in a fund. Past performance does not guarantee future results. Investors should consider a fund’s investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about a fund. To obtain a prospectus, visit www.sheltoncap.com/ or call (800) 955-9988. A prospectus should be read carefully before investing. Mutual fund investing involves risk, including possible loss of principal.
Credit-related instruments typically decrease in value when interest rates increase. Concentration in a small number of issuers increases the risk that one issuer could have a large adverse impact on the Fund’s return. Borrowing and frequent trading could increase the Fund’s operating expenses. High-yield bonds involve greater risk of default, and may be more volatile and less liquid than investment grade securities. Subordinated and unsecured loans may be disproportionately affected by default and downgrade. Foreign investments may be adversely affected by currency fluctuations, lower liquidity, tax regulation, and political instability. Derivatives can be highly illiquid and difficult to unwind.
The Fund’s short positions may equal up to 100% of the Fund’s net asset value. Short sales theoretically involve unlimited loss potential since the market price of securities sold short may continuously increase.
Distributed by RFS Partners, a member of FINRA and affiliate of Shelton Capital Management.
The ninth annual Investor’s Business Daily Best Mutual Funds Awards can help you figure out which funds to buy or sell. IBD looked at all the mutual funds with at least a 10-year track record. Each award-winning fund had to outperform its benchmark for the past one, three, five and 10 years, showing its ability to outperform in both the short term and long haul.
INVESTMENTS ARE NOT FDIC INSURED OR BANK GUARANTEED AND MAY LOSE VALUE.
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*The fund’s Morningstar three-, five-, ten-year ratings respectively, 3 stars, 3 stars, 4 stars among 278, 250, 161 funds.
