| Scorecard |
|---|
|
3 / 5 Stars
|
|
Lipper
1
1
3
3
1
|
|
Zacks Investment Research
4
(Sell)
|
|
Standard & Poor's
4 / 5 Stars
|
|
TheStreet.com
B+
(Buy)
|
#7 in Muni California Intermediate
U.S. News evaluated 19 Muni California Intermediate Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.
See all Shelton Capital Management funds
Performance
The fund has returned 4.45 percent over the past year, 5.29 percent over the past three years, 4.85 percent over the past five years, and 3.78 percent over the past decade.
| Trailing Returns | Updated 04.30.2013 |
|---|---|
| Year to date | 1.3% |
| 1 Year | 4.5% |
| 3 Years (Annualized) | 5.3% |
| 5 Years (Annualized) | 4.8% |
| 10 Years (Annualized) | 3.8% |
Summary
The investment seeks high current tax-free income for California residents. The Manager invests in municipal bonds issued by the State of California and various municipalities located within California. Under normal market conditions, it is the fund's fundamental policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in California municipal bonds, but as a general rule the percentage is much higher. The fund's duration typically ranges from four to twelve years. It is non-diversified.
Fees
Fees are Average compared to funds in the same category.
Shelton Capital Management California Tax-Free Income Fund has an expense ratio of 0.72 percent.
Risk
Risk is Average compared to funds in the same category according to Morningstar.
