# EDGAR Filing Document

**Accession Number:** 0000778206
**File Stem:** 0001999371-25-017227
**Filing Date:** 2025-11
**Character Count:** 22608
**Document Hash:** 3baf9d56cc88c3679795ca2a9464b325
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-25-017227.hdr.sgml**: 20251107

**ACCESSION NUMBER**: 0001999371-25-017227

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251107

**DATE AS OF CHANGE**: 20251107

**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:** 251461497

**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):** 2025-10-31

**Registrant Full Name:** SHELTON FUNDS

**CIK Number of Registrant:** 0000778206

**LEI of Registrant:** 254900S73SCF59AAL583

**Name of Series:** The United States Treasury Trust

**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:** 53 days

- **WAL:** 53 days

- **Total Value of Portfolio Securities:** $27356580.63

- **Amortized Cost of Portfolio Securities:** $27355176.58

- **Cash:** $49844.92

- **Total Other Assets:** $115.17

- **Total Liabilities:** $106213.47

- **Net Assets of Series:** $27300327.25

- **Number of Shares Outstanding (Series):** 27311695.6600

- **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 (%)   |
|:---|:---|:---|:---|:---|
| 2025-10-01 | $26199743.98              | $26199743.98               | 100.0000%                 | 100.0000%                  |
| 2025-10-02 | $26270560.57              | $26270560.57               | 100.0000%                 | 100.0000%                  |
| 2025-10-03 | $27800194.22              | $27800194.22               | 100.0000%                 | 100.0000%                  |
| 2025-10-06 | $27896459.08              | $27896459.08               | 100.0000%                 | 100.0000%                  |
| 2025-10-07 | $27813893.89              | $27813893.89               | 100.0000%                 | 100.0000%                  |
| 2025-10-08 | $27714136.09              | $27714136.09               | 100.0000%                 | 100.0000%                  |
| 2025-10-09 | $27717218.82              | $27717218.82               | 100.0000%                 | 100.0000%                  |
| 2025-10-10 | $27471701.11              | $27471701.11               | 100.0000%                 | 100.0000%                  |
| 2025-10-13 | $27471816.99              | $27471816.99               | 100.0000%                 | 100.0000%                  |
| 2025-10-14 | $27048735.83              | $27048735.83               | 100.0000%                 | 100.0000%                  |
| 2025-10-15 | $26777247.66              | $26777247.66               | 100.0000%                 | 100.0000%                  |
| 2025-10-16 | $26112910.49              | $26112910.49               | 100.0000%                 | 100.0000%                  |
| 2025-10-17 | $26091339.41              | $26091339.41               | 100.0000%                 | 100.0000%                  |
| 2025-10-20 | $26173135.05              | $26173135.05               | 100.0000%                 | 100.0000%                  |
| 2025-10-21 | $26044511.58              | $26044511.58               | 100.0000%                 | 100.0000%                  |
| 2025-10-22 | $26578775.96              | $26578775.96               | 100.0000%                 | 100.0000%                  |
| 2025-10-23 | $27040139.52              | $27040139.52               | 100.0000%                 | 100.0000%                  |
| 2025-10-24 | $27414205.84              | $27414205.84               | 100.0000%                 | 100.0000%                  |
| 2025-10-27 | $27387797.56              | $27387797.56               | 100.0000%                 | 100.0000%                  |
| 2025-10-28 | $27234835.12              | $27234835.12               | 100.0000%                 | 100.0000%                  |
| 2025-10-29 | $26795909.33              | $26795909.33               | 100.0000%                 | 100.0000%                  |
| 2025-10-30 | $26797222.60              | $26797222.60               | 100.0000%                 | 100.0000%                  |
| 2025-10-31 | $27406425.55              | $27406425.55               | 100.0000%                 | 100.0000%                  |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-10-01 | 4.2100%             |
| 2025-10-02 | 4.2700%             |
| 2025-10-03 | 4.2500%             |
| 2025-10-06 | 4.2200%             |
| 2025-10-07 | 4.2000%             |
| 2025-10-08 | 4.1900%             |
| 2025-10-09 | 4.1200%             |
| 2025-10-10 | 4.1200%             |
| 2025-10-13 | 4.1200%             |
| 2025-10-14 | 4.1100%             |
| 2025-10-15 | 4.1100%             |
| 2025-10-16 | 4.1100%             |
| 2025-10-17 | 4.1100%             |
| 2025-10-20 | 4.1000%             |
| 2025-10-21 | 4.0900%             |
| 2025-10-22 | 4.0800%             |
| 2025-10-23 | 4.0800%             |
| 2025-10-24 | 4.0700%             |
| 2025-10-27 | 4.0500%             |
| 2025-10-28 | 4.0400%             |
| 2025-10-29 | 4.0300%             |
| 2025-10-30 | 4.0200%             |
| 2025-10-31 | 4.0200%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-10-01 | 0.9996                      |
|  |  |
| 2025-10-02 | 0.9996                      |
|  |  |
| 2025-10-03 | 0.9996                      |
|  |  |
| 2025-10-06 | 0.9996                      |
|  |  |
| 2025-10-07 | 0.9996                      |
|  |  |
| 2025-10-08 | 0.9996                      |
|  |  |
| 2025-10-09 | 0.9996                      |
|  |  |
| 2025-10-10 | 0.9997                      |
|  |  |
| 2025-10-13 | 0.9996                      |
|  |  |
| 2025-10-14 | 0.9996                      |
|  |  |
| 2025-10-15 | 0.9995                      |
|  |  |
| 2025-10-16 | 0.9995                      |
|  |  |
| 2025-10-17 | 0.9995                      |
|  |  |
| 2025-10-20 | 0.9996                      |
|  |  |
| 2025-10-21 | 0.9996                      |
|  |  |
| 2025-10-22 | 0.9996                      |
|  |  |
| 2025-10-23 | 0.9996                      |
|  |  |
| 2025-10-24 | 0.9996                      |
|  |  |
| 2025-10-27 | 0.9996                      |
|  |  |
| 2025-10-28 | 0.9996                      |
|  |  |
| 2025-10-29 | 0.9996                      |
|  |  |
| 2025-10-30 | 0.9996                      |
|  |  |
| 2025-10-31 | 0.9996                      |
|  |  |

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

### Class: Investor Shares

- **Minimum Initial Investment:** $1000.00

- **Net Assets of Class:** $27300327.25

- **Number of Shares Outstanding:** 27311695.6600

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-10-01 | 0.9996          |
|  |  |
| 2025-10-02 | 0.9996          |
|  |  |
| 2025-10-03 | 0.9996          |
|  |  |
| 2025-10-06 | 0.9996          |
|  |  |
| 2025-10-07 | 0.9996          |
|  |  |
| 2025-10-08 | 0.9996          |
|  |  |
| 2025-10-09 | 0.9996          |
|  |  |
| 2025-10-10 | 0.9997          |
|  |  |
| 2025-10-13 | 0.9996          |
|  |  |
| 2025-10-14 | 0.9996          |
|  |  |
| 2025-10-15 | 0.9995          |
|  |  |
| 2025-10-16 | 0.9995          |
|  |  |
| 2025-10-17 | 0.9995          |
|  |  |
| 2025-10-20 | 0.9996          |
|  |  |
| 2025-10-21 | 0.9996          |
|  |  |
| 2025-10-22 | 0.9996          |
|  |  |
| 2025-10-23 | 0.9996          |
|  |  |
| 2025-10-24 | 0.9996          |
|  |  |
| 2025-10-27 | 0.9996          |
|  |  |
| 2025-10-28 | 0.9996          |
|  |  |
| 2025-10-29 | 0.9996          |
|  |  |
| 2025-10-30 | 0.9996          |
|  |  |
| 2025-10-31 | 0.9996          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-10-01 | $73918.27                 | $417564.67              |
| 2025-10-02 | $20019.00                 | $627497.56              |
| 2025-10-03 | $2211075.26               | $1252.81                |
| 2025-10-06 | $394142.55                | $300868.88              |
| 2025-10-07 | $14610.61                 | $100000.00              |
| 2025-10-08 | $1659.00                  | $104509.88              |
| 2025-10-09 | $296.20                   | $1.66                   |
| 2025-10-10 | $43729.35                 | $301500.00              |
| 2025-10-13 | $603.96                   | $440029.92              |
| 2025-10-14 | $17418.71                 | $3641.29                |
| 2025-10-15 | $612060.39                | $885982.29              |
| 2025-10-16 | $399742.96                | $1067133.52             |
| 2025-10-17 | $165258.63                | $195899.06              |
| 2025-10-20 | $94491.86                 | $16000.00               |
| 2025-10-21 | $28024.73                 | $159469.03              |
| 2025-10-22 | $531425.38                | $99.32                  |
| 2025-10-23 | $458294.44                | $0.00                   |
| 2025-10-24 | $477157.67                | $112333.21              |
| 2025-10-27 | $50644.74                 | $80665.00               |
| 2025-10-28 | $54869.30                 | $210869.70              |
| 2025-10-29 | $2325.47                  | $442367.55              |
| 2025-10-30 | $1965.38                  | $2279.18                |
| 2025-10-31 | $610104.70                | $9877.41                |

**Total Gross Subscriptions (Month):** $6263887.07

**Total Gross Redemptions (Month):** $5479841.95

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-10-01 | 3.2400%           |
| 2025-10-02 | 3.2900%           |
| 2025-10-03 | 3.2900%           |
| 2025-10-06 | 3.2500%           |
| 2025-10-07 | 3.2400%           |
| 2025-10-08 | 3.2300%           |
| 2025-10-09 | 3.1600%           |
| 2025-10-10 | 3.1500%           |
| 2025-10-13 | 3.1500%           |
| 2025-10-14 | 3.1500%           |
| 2025-10-15 | 3.1500%           |
| 2025-10-16 | 3.1400%           |
| 2025-10-17 | 3.1400%           |
| 2025-10-20 | 3.1300%           |
| 2025-10-21 | 3.1200%           |
| 2025-10-22 | 3.1100%           |
| 2025-10-23 | 3.1100%           |
| 2025-10-24 | 3.1000%           |
| 2025-10-27 | 3.0800%           |
| 2025-10-28 | 3.0700%           |
| 2025-10-29 | 3.0600%           |
| 2025-10-30 | 3.0600%           |
| 2025-10-31 | 3.0500%           |

**Beneficial/Record Owner Categories**
| Category        | Other Category      | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Retail investor |  | 100.0000%        | 16.6400%             |
| Retail investor |  | 100.0000%        | 11.6700%             |
| Retail investor |  | 100.0000%        | 8.0800%              |
| Other           | PRIVATE SHAREHOLDER | 100.0000%        | 5.9900%              |

## 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):** $1289153.67
- **C.18.a - Value (excl. sponsor support):** $1289153.67
- **C.19 - Percentage of Net Assets:** 4.7200%
- **C.17 - Yield as of Reporting Date:** 3.8700%
- **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):** $593276.10
- **C.18.a - Value (excl. sponsor support):** $593276.10
- **C.19 - Percentage of Net Assets:** 2.1700%
- **C.17 - Yield as of Reporting Date:** 3.8000%
- **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: 912797QR1, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $5040771.13
- **C.18.a - Value (excl. sponsor support):** $5040771.13
- **C.19 - Percentage of Net Assets:** 18.4600%
- **C.17 - Yield as of Reporting Date:** 3.9000%
- **C.11 - Maturity Date (WAM):** 2026-11-20
- **C.12 - Maturity Date (WAL):** 2026-11-20
- **C.13 - Final Legal Maturity Date:** 2026-11-20
- **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: 912797QS9, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $3737510.40
- **C.18.a - Value (excl. sponsor support):** $3737510.40
- **C.19 - Percentage of Net Assets:** 13.6900%
- **C.17 - Yield as of Reporting Date:** 3.8300%
- **C.11 - Maturity Date (WAM):** 2026-12-04
- **C.12 - Maturity Date (WAL):** 2026-12-04
- **C.13 - Final Legal Maturity Date:** 2026-12-04
- **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 5: 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):** $1991818.38
- **C.18.a - Value (excl. sponsor support):** $1991818.38
- **C.19 - Percentage of Net Assets:** 7.3000%
- **C.17 - Yield as of Reporting Date:** 4.0700%
- **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 6: 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):** $1990355.00
- **C.18.a - Value (excl. sponsor support):** $1990355.00
- **C.19 - Percentage of Net Assets:** 7.2900%
- **C.17 - Yield as of Reporting Date:** 3.9500%
- **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 7: 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):** $2383389.46
- **C.18.a - Value (excl. sponsor support):** $2383389.46
- **C.19 - Percentage of Net Assets:** 8.7300%
- **C.17 - Yield as of Reporting Date:** 3.8400%
- **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 8: 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):** $3319838.98
- **C.18.a - Value (excl. sponsor support):** $3319838.98
- **C.19 - Percentage of Net Assets:** 12.1600%
- **C.17 - Yield as of Reporting Date:** 3.8000%
- **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 9: Treasury Bill

- **C.1 - Title:** Treasury Bill
- **C.6 - Investment Category:** U.S. Treasury Debt
- **Identifiers:** C.3 - CUSIP: 912797RM1, C.3 - LEI: N/A
- **C.18 - Value (incl. sponsor support):** $3599620.31
- **C.18.a - Value (excl. sponsor support):** $3599620.31
- **C.19 - Percentage of Net Assets:** 13.1900%
- **C.17 - Yield as of Reporting Date:** 3.1200%
- **C.11 - Maturity Date (WAM):** 2025-11-04
- **C.12 - Maturity Date (WAL):** 2025-11-04
- **C.13 - Final Legal Maturity Date:** 2025-11-04
- **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 10: 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):** $1335858.10
- **C.18.a - Value (excl. sponsor support):** $1335858.10
- **C.19 - Percentage of Net Assets:** 4.8900%
- **C.17 - Yield as of Reporting Date:** 3.7800%
- **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 11: 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):** $2074989.11
- **C.18.a - Value (excl. sponsor support):** $2074989.11
- **C.19 - Percentage of Net Assets:** 7.6000%
- **C.17 - Yield as of Reporting Date:** 3.7300%
- **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

## N-MFP: Signatures

**Registrant:** Shelton Funds

**Date:** 2025-11-07

**By:** Gregory T. Pusch

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

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