Shelton Capital Management Portfolio Manager, Jeffrey Rosenkranz, was featured in AltsViews, digging into the opaque world of fixed income investing
Drawing on his career on both the traditional and alternative sides of the investing business, Rosenkranz helps listeners understand what it’s like to be a fixed income portfolio manager.
Further, he shares fascinating perspectives on private credit, the bond market today, and how AI might impact the investment business.
Listen to the podcast now.
Important Information
It is possible to lose money by investing in the Fund. Past performance does not guarantee future results.
The Fund invests without restriction as to issuer capitalization, country, credit quality and without restriction as to the maturity of fixed income securities. The Fund generally will take long positions in securities believed to be undervalued and short positions in securities believed to be overvalued. The Fund typically employs derivatives for hedging purposes, such as futures contracts, options, credit-default swaps, and total return swaps.
The risk for loss on short selling is greater than the original value of the securities sold short, and theoretically is unlimited, because the price of the borrowed security may rise, thereby increasing the price at which the security must be purchased. Although the Fund intends to use derivatives to reduce risk, they may have the opposite effect and increase the volatility or magnitude of loss by the Fund. Derivatives may be illiquid and subject to the risk of default by a counter-party. The value of the Fund’s investments in fixed income securities will fluctuate with changes in interest rates. Typically, a rise in interest rates causes a decline in the value of fixed income securities. The Fund may invest in non-investment grade fixed income securities, sometimes known as “high-yield bonds” or “junk bonds,” which may subject the Fund to greater credit risk, price volatility and risk of loss than investment grade securities. Some of the “junk bonds” may include securities issued by distressed companies experiencing acquisition, merger, spinoff, restructuring, bankruptcy, downgrade, delinquency, default, or relatively poor financial performance. Distressed securities are speculative and involve substantial risks in addition to the risks of investing in junk bonds, including potential loss of the Fund’s entire investment.
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. To obtain a prospectus, visit www.sheltoncap.com or call (800) 955-9988. A prospectus should be read carefully before investing.
Shelton Tactical Credit Fund is distributed by RFS Partners, a member of FINRA and affiliate of Shelton Capital Management.
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. 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.
