# EDGAR Filing Document

**Accession Number:** 0000778206
**File Stem:** 0001999371-25-016837
**Filing Date:** 2025-11
**Character Count:** 2246
**Document Hash:** c5e1ed0b55297aa2e54fa903d2f931de
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-016837.hdr.sgml**: 20251104

**ACCESSION NUMBER**: 0001999371-25-016837

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 14

**FILED AS OF DATE**: 20251104

**DATE AS OF CHANGE**: 20251104

**EFFECTIVENESS DATE**: 20251104

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** SHELTON FUNDS
- **CENTRAL INDEX KEY:** 0000778206

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-00499
- **FILM NUMBER:** 251447890

**BUSINESS ADDRESS:**
- **STREET 1:** 1875 LAWRENCE STREET
- **STREET 2:** SUITE 300
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202-1805
- **BUSINESS PHONE:** 4153982727

**MAIL ADDRESS:**
- **STREET 1:** 1875 LAWRENCE STREET
- **STREET 2:** SUITE 300
- **CITY:** DENVER
- **STATE:** CO
- **ZIP:** 80202-1805

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALIFORNIA INVESTMENT TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** CALIFORNIA INVESTMENT TRUST I
- **DATE OF NAME CHANGE:** 19870115

## Series and Classes Contracts Data

### Shelton Sustainable Equity Fund (Series ID: S000039758)

---

|  |  |  |
|:---|:---|:---|
| Class Name           | Ticker Symbol | Class ID   |
| Investor Shares      | NEXTX         | C000123237 |
| Institutional Shares | NEXIX         | C000238256 |

---

## Series and Classes Contracts Data

### Shelton Sustainable Equity Fund (Series ID: S000039758)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000123237 | Investor Shares      | NEXTX           |
| C000238256 | Institutional Shares | NEXIX           |

?xml version='1.0' encoding='ASCII'?

**Shelton Funds**

Shelton Sustainable Equity Fund

**Supplement dated November 4, 2025 to the**

**Prospectus and Statement of Additional Information ("SAI"), each dated** 

**January 1, 2025**

Effective October 30, 2025, Justin Sheetz no longer serves as a Portfolio Manager of the Shelton Sustainable Equity Fund. Accordingly, all references to Mr. Sheetz in the Prospectus and SAI are hereby deleted in their entirety.

**Please retain this supplement with your Prospectus and SAI**