Shelton Funds
(the “Trust”)
Supplement dated August 20, 2025 to the
Prospectus and Statement of Additional Information (“SAI”), each dated
January 1, 2025
Effective August 14, 2025, William Mock no longer serves as a Portfolio Manager of the Green California Tax-Free Income Fund, the U.S. Government Securities Fund, or The United States Treasury Trust, or as Treasurer of the Trust. Accordingly, all references to Mr. Mock in the Prospectus and SAI are hereby deleted in their entirety.
The Board of Trustees of the Trust appointed Trevor Shippee to serve as Treasurer of the Trust effective August 14, 2025. Accordingly, the following information is added to the “Officers” table in the SAI:
OFFICERS
| |||
| Name, Address* and Year of Birth | Position(s) Held with Trust | Term of Office** and Length of Time Served | Principal Occupation During Past 5 Years |
Trevor Shippee* 1991 |
Treasurer | Since 2025 | Director, Investment Operations, Shelton Capital Management 2021 to present; Associate of Business Development, Pacific Current Group, 2018-2021 |
Please retain this supplement with your Prospectus and SAI