# EDGAR Filing Document

**Accession Number:** 0000778206
**File Stem:** 0001999371-25-019465
**Filing Date:** 2025-12
**Character Count:** 21149
**Document Hash:** 3bf09d14bfc89191094901fe196dfa43
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-019465.hdr.sgml**: 20251204

**ACCESSION NUMBER**: 0001999371-25-019465

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20251204

**DATE AS OF CHANGE**: 20251204

**FILER**: 

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

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

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04417
- **FILM NUMBER:** 251548818

**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

### The United States Treasury Trust (Series ID: S000016030)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000044045 | Investor Shares | UTSXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000778206

### General Information

**Report for (YYYY-MM-DD):** 2025-11-30

**Registrant Full Name:** SHELTON FUNDS

**CIK Number of Registrant:** 0000778206

**LEI of Registrant:** 254900S73SCF59AAL583

**Name of Series:** The United States TreasuryTrust

**LEI of Series:** 254900VYM2FC2O1XO078

**EDGAR Series Identifier:** S000016030

**Total number of share classes in the series:** 1

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                           | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | Shelton Capital Management                        | 801-25205         |
| Independent Public Accountant | Cohen & Company<br>City: Cleveland<br>State: OH   |  |
| Administrator                 | Shelton Capital Management                        |  |
| Transfer Agent                | Ultimus Fund Solutions, LLC/TA<br>CIK: 0001094887 | 084-05829         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-00499

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Government

- **Is this a Retail Money Market Fund?:** No

- **Is this a Government Money Market Fund?:** Yes

- **WAM:** 49 days

- **WAL:** 49 days

- **Total Value of Portfolio Securities:** $27318380.00

- **Amortized Cost of Portfolio Securities:** $27317862.92

- **Cash:** $46700.15

- **Total Other Assets:** $213.28

- **Total Liabilities:** $96701.81

- **Net Assets of Series:** $27268591.62

- **Number of Shares Outstanding (Series):** 27280821.2200

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-11-03 | $27392260.02              | $27392260.02               | 100.0000%                 | 100.0000%                  |
| 2025-11-04 | $26980083.71              | $26980083.71               | 100.0000%                 | 100.0000%                  |
| 2025-11-05 | $29118655.54              | $29118655.54               | 100.0000%                 | 100.0000%                  |
| 2025-11-06 | $29004040.85              | $29004040.85               | 100.0000%                 | 100.0000%                  |
| 2025-11-07 | $28917663.50              | $28917663.50               | 100.0000%                 | 100.0000%                  |
| 2025-11-10 | $28843002.95              | $28843002.95               | 100.0000%                 | 100.0000%                  |
| 2025-11-11 | $28843073.11              | $28843073.11               | 100.0000%                 | 100.0000%                  |
| 2025-11-12 | $28179669.64              | $28179669.64               | 100.0000%                 | 100.0000%                  |
| 2025-11-13 | $27825091.81              | $27825091.81               | 100.0000%                 | 100.0000%                  |
| 2025-11-14 | $27858374.44              | $27858374.44               | 100.0000%                 | 100.0000%                  |
| 2025-11-17 | $27965299.32              | $27965299.32               | 100.0000%                 | 100.0000%                  |
| 2025-11-18 | $27964078.39              | $27964078.39               | 100.0000%                 | 100.0000%                  |
| 2025-11-19 | $27913012.41              | $27913012.41               | 100.0000%                 | 100.0000%                  |
| 2025-11-20 | $27934067.33              | $27934067.33               | 100.0000%                 | 100.0000%                  |
| 2025-11-21 | $27939121.89              | $27939121.89               | 100.0000%                 | 100.0000%                  |
| 2025-11-24 | $27941389.81              | $27941389.81               | 100.0000%                 | 100.0000%                  |
| 2025-11-25 | $27387085.74              | $27387085.74               | 100.0000%                 | 100.0000%                  |
| 2025-11-26 | $27382714.58              | $27382714.58               | 100.0000%                 | 100.0000%                  |
| 2025-11-28 | $27365080.15              | $27365080.15               | 100.0000%                 | 100.0000%                  |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-11-03 | 3.9900%             |
| 2025-11-04 | 3.9800%             |
| 2025-11-05 | 3.9800%             |
| 2025-11-06 | 3.9700%             |
| 2025-11-07 | 3.9600%             |
| 2025-11-10 | 3.9400%             |
| 2025-11-11 | 3.9400%             |
| 2025-11-12 | 3.9400%             |
| 2025-11-13 | 3.9400%             |
| 2025-11-14 | 3.9400%             |
| 2025-11-17 | 3.9400%             |
| 2025-11-18 | 3.9400%             |
| 2025-11-19 | 3.9400%             |
| 2025-11-20 | 3.9300%             |
| 2025-11-21 | 3.9300%             |
| 2025-11-24 | 3.9100%             |
| 2025-11-25 | 3.9000%             |
| 2025-11-26 | 3.8900%             |
| 2025-11-28 | 3.9000%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-11-03 | 0.9996                      |
|  |  |
| 2025-11-04 | 0.9996                      |
|  |  |
| 2025-11-05 | 0.9996                      |
|  |  |
| 2025-11-06 | 0.9996                      |
|  |  |
| 2025-11-07 | 0.9996                      |
|  |  |
| 2025-11-10 | 0.9997                      |
|  |  |
| 2025-11-11 | 0.9996                      |
|  |  |
| 2025-11-12 | 0.9996                      |
|  |  |
| 2025-11-13 | 0.9996                      |
|  |  |
| 2025-11-14 | 0.9995                      |
|  |  |
| 2025-11-17 | 0.9995                      |
|  |  |
| 2025-11-18 | 0.9996                      |
|  |  |
| 2025-11-19 | 0.9995                      |
|  |  |
| 2025-11-20 | 0.9995                      |
|  |  |
| 2025-11-21 | 0.9996                      |
|  |  |
| 2025-11-24 | 0.9995                      |
|  |  |
| 2025-11-25 | 0.9995                      |
|  |  |
| 2025-11-26 | 0.9995                      |
|  |  |
| 2025-11-28 | 0.9996                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: Investor Shares

- **Minimum Initial Investment:** $1000.00

- **Net Assets of Class:** $27268591.62

- **Number of Shares Outstanding:** 27280821.2200

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-11-03 | 0.9996          |
|  |  |
| 2025-11-04 | 0.9996          |
|  |  |
| 2025-11-05 | 0.9996          |
|  |  |
| 2025-11-06 | 0.9996          |
|  |  |
| 2025-11-07 | 0.9996          |
|  |  |
| 2025-11-10 | 0.9997          |
|  |  |
| 2025-11-11 | 0.9996          |
|  |  |
| 2025-11-12 | 0.9996          |
|  |  |
| 2025-11-13 | 0.9996          |
|  |  |
| 2025-11-14 | 0.9995          |
|  |  |
| 2025-11-17 | 0.9995          |
|  |  |
| 2025-11-18 | 0.9996          |
|  |  |
| 2025-11-19 | 0.9995          |
|  |  |
| 2025-11-20 | 0.9995          |
|  |  |
| 2025-11-21 | 0.9996          |
|  |  |
| 2025-11-24 | 0.9995          |
|  |  |
| 2025-11-25 | 0.9995          |
|  |  |
| 2025-11-26 | 0.9995          |
|  |  |
| 2025-11-28 | 0.9996          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-11-03 | $70113.16                 | $16518.18               |
| 2025-11-04 | $22505.76                 | $423010.63              |
| 2025-11-05 | $2463051.28               | $327773.15              |
| 2025-11-06 | $686.57                   | $114107.65              |
| 2025-11-07 | $6419.12                  | $102000.00              |
| 2025-11-10 | $12359.58                 | $91914.99               |
| 2025-11-11 | $29397.77                 | $493897.22              |
| 2025-11-12 | $1390.73                  | $203300.00              |
| 2025-11-13 | $2580.69                  | $359555.83              |
| 2025-11-14 | $55162.73                 | $30524.48               |
| 2025-11-17 | $104342.06                | $381.19                 |
| 2025-11-18 | $6351.39                  | $10844.10               |
| 2025-11-19 | $11326.97                 | $65000.00               |
| 2025-11-20 | $18482.85                 | $392.00                 |
| 2025-11-21 | $307.01                   | $2149.13                |
| 2025-11-24 | $721.31                   | $1095.01                |
| 2025-11-25 | $10411.48                 | $566997.40              |
| 2025-11-26 | $4362.08                  | $13650.02               |
| 2025-11-28 | $1241.76                  | $28977.76               |

**Total Gross Subscriptions (Month):** $2821214.30

**Total Gross Redemptions (Month):** $2852088.74

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-11-03 | 3.0200%           |
| 2025-11-04 | 3.0200%           |
| 2025-11-05 | 3.0200%           |
| 2025-11-06 | 3.0100%           |
| 2025-11-07 | 3.0100%           |
| 2025-11-10 | 3.0400%           |
| 2025-11-11 | 3.0500%           |
| 2025-11-12 | 3.0600%           |
| 2025-11-13 | 3.0800%           |
| 2025-11-14 | 3.0800%           |
| 2025-11-17 | 3.0800%           |
| 2025-11-18 | 3.0700%           |
| 2025-11-19 | 3.0700%           |
| 2025-11-20 | 3.0700%           |
| 2025-11-21 | 3.0600%           |
| 2025-11-24 | 3.0400%           |
| 2025-11-25 | 3.0300%           |
| 2025-11-26 | 3.0300%           |
| 2025-11-28 | 3.0300%           |

**Beneficial/Record Owner Categories**
| Category        | Other Category     | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Retail investor |  | 100.0000%        | 17.9100%             |
| Retail investor |  | 100.0000%        | 11.4700%             |
| Retail investor |  | 100.0000%        | 8.0700%              |
| Other           | PRIVATESHAREHOLDER | 100.0000%        | 5.8300%              |

## Part C: Schedule of Portfolio Securities

### Security 1: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797PD3, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $2287473.00
- **C.18.a - Value (excl. sponsor support):** $2287473.00
- **C.19 - Percentage of Net Assets:** 8.3900%
- **C.17 - Yield as of Reporting Date:** 3.8100%
- **C.11 - Maturity Date (WAM):** 2026-01-22
- **C.12 - Maturity Date (WAL):** 2026-01-22
- **C.13 - Final Legal Maturity Date:** 2026-01-22
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 2: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797PM3, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $595065.86
- **C.18.a - Value (excl. sponsor support):** $595065.86
- **C.19 - Percentage of Net Assets:** 2.1800%
- **C.17 - Yield as of Reporting Date:** 3.7700%
- **C.11 - Maturity Date (WAM):** 2026-02-19
- **C.12 - Maturity Date (WAL):** 2026-02-19
- **C.13 - Final Legal Maturity Date:** 2026-02-19
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 3: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QS9, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $3198969.34
- **C.18.a - Value (excl. sponsor support):** $3198969.34
- **C.19 - Percentage of Net Assets:** 11.7300%
- **C.17 - Yield as of Reporting Date:** 3.2800%
- **C.11 - Maturity Date (WAM):** 2025-12-04
- **C.12 - Maturity Date (WAL):** 2025-12-04
- **C.13 - Final Legal Maturity Date:** 2025-12-04
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 4: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QY6, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $4145492.64
- **C.18.a - Value (excl. sponsor support):** $4145492.64
- **C.19 - Percentage of Net Assets:** 15.2000%
- **C.17 - Yield as of Reporting Date:** 3.7300%
- **C.11 - Maturity Date (WAM):** 2025-12-11
- **C.12 - Maturity Date (WAL):** 2025-12-11
- **C.13 - Final Legal Maturity Date:** 2025-12-11
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 5: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797QZ3, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $2994470.04
- **C.18.a - Value (excl. sponsor support):** $2994470.04
- **C.19 - Percentage of Net Assets:** 10.9800%
- **C.17 - Yield as of Reporting Date:** 3.7900%
- **C.11 - Maturity Date (WAM):** 2025-12-18
- **C.12 - Maturity Date (WAL):** 2025-12-18
- **C.13 - Final Legal Maturity Date:** 2025-12-18
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 6: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RH2, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $3485975.89
- **C.18.a - Value (excl. sponsor support):** $3485975.89
- **C.19 - Percentage of Net Assets:** 12.7800%
- **C.17 - Yield as of Reporting Date:** 3.7800%
- **C.11 - Maturity Date (WAM):** 2026-01-08
- **C.12 - Maturity Date (WAL):** 2026-01-08
- **C.13 - Final Legal Maturity Date:** 2026-01-08
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 7: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RK5, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $3080671.04
- **C.18.a - Value (excl. sponsor support):** $3080671.04
- **C.19 - Percentage of Net Assets:** 11.3000%
- **C.17 - Yield as of Reporting Date:** 3.7700%
- **C.11 - Maturity Date (WAM):** 2026-01-29
- **C.12 - Maturity Date (WAL):** 2026-01-29
- **C.13 - Final Legal Maturity Date:** 2026-01-29
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 8: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RT6, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $1339898.90
- **C.18.a - Value (excl. sponsor support):** $1339898.90
- **C.19 - Percentage of Net Assets:** 4.9100%
- **C.17 - Yield as of Reporting Date:** 3.7600%
- **C.11 - Maturity Date (WAM):** 2026-02-12
- **C.12 - Maturity Date (WAL):** 2026-02-12
- **C.13 - Final Legal Maturity Date:** 2026-02-12
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 9: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RU3, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $2180312.38
- **C.18.a - Value (excl. sponsor support):** $2180312.38
- **C.19 - Percentage of Net Assets:** 8.0000%
- **C.17 - Yield as of Reporting Date:** 3.7100%
- **C.11 - Maturity Date (WAM):** 2026-02-26
- **C.12 - Maturity Date (WAL):** 2026-02-26
- **C.13 - Final Legal Maturity Date:** 2026-02-26
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 10: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RV1, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $2575016.89
- **C.18.a - Value (excl. sponsor support):** $2575016.89
- **C.19 - Percentage of Net Assets:** 9.4400%
- **C.17 - Yield as of Reporting Date:** 3.7900%
- **C.11 - Maturity Date (WAM):** 2026-03-05
- **C.12 - Maturity Date (WAL):** 2026-03-05
- **C.13 - Final Legal Maturity Date:** 2026-03-05
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 11: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797SB4, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $1435034.03
- **C.18.a - Value (excl. sponsor support):** $1435034.03
- **C.19 - Percentage of Net Assets:** 5.2600%
- **C.17 - Yield as of Reporting Date:** 3.7700%
- **C.11 - Maturity Date (WAM):** 2026-03-12
- **C.12 - Maturity Date (WAL):** 2026-03-12
- **C.13 - Final Legal Maturity Date:** 2026-03-12
- **C.10 - Ratings:** N/A: N/A
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? No, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** Shelton Funds

**Date:** 2025-12-04

**By:** Gregory T. Pusch

**Name of Signing Officer:** Gregory T. Pusch

**Title of Signing Officer:** Chief Compliance Officer