Shelton Equity Income Fund (EQTIX)

Fund Objective

The Fund’s investment objective is to achieve a high level of income and capital appreciation (when consistent with high income) by investing primarily in income-producing U.S. equity securities.

Strategy Highlights

  • Typically invests in mid to large cap U.S. corporations
  • Has ability to sell covered call options to generate additional cash flow income and enhance distribution rates to shareholders

Overall Morningstar RatingTM

morning star rating 4 stars  EQTIX

EQTIX received an Overall Morningstar RatingTM of 4 stars among 1,141 Large Value funds, based on risk-adjusted returns, as of 6/30/2021. Important Information for Morningstar® Rating

Fund Information

Fund Management

Important Information

An investment in the Fund involves risk, including possible loss of principal. 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.

Investments in derivatives may be risker than other types of investments. They may be more sensitive to changes in economic or market conditions than other types of investments. Many derivatives create leverage, which could lead to greater volatility and losses that significantly exceed the original investment. Positions in equity options can reduce equity market risk, but can limit the opportunity to profit from an increase in the market value of stocks in exchange for upfront cash as the time of selling the call option. Unusual market conditions or the lack of a ready market for any particular option at a specific time may reduce the effectiveness of option strategies and could result in losses.

Effective on May 19, 2021, the fund changed its name from Shelton Core Value Fund to Shelton Equity Income Fund.