# EDGAR Filing Document

**Accession Number:** 0000778206
**File Stem:** 0001999371-26-011455
**Filing Date:** 2026-5
**Character Count:** 6011
**Document Hash:** acdc663f5ae132ce2e639685aa385a11
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001999371-26-011455.hdr.sgml**: 20260526

**ACCESSION NUMBER**: 0001999371-26-011455

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260526

**DATE AS OF CHANGE**: 20260526

**EFFECTIVENESS DATE**: 20260526

**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:** 261020788

**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

### Green California Tax-Free Income Fund (Series ID: S000011273)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Investor Shares | CFNTX         | C000031070 |

---

### S&P 500 Index Fund (Series ID: S000016022)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Investor Shares | SPFIX         | C000044029 |
| K Shares        | SPXKX         | C000044030 |

---

### S&P MidCap Index Fund (Series ID: S000016023)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Investor Shares | SPMIX         | C000044031 |
| K Shares        | MIDKX         | C000044032 |

---

### S&P SmallCap Index Fund (Series ID: S000016024)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Investor Shares | SMCIX         | C000044033 |
| K Shares        | SMLKX         | C000044034 |

---

### Shelton Equity Income Fund (Series ID: S000016025)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Investor Shares | EQTIX         | C000044035 |
| K Shares        | EQTKX         | C000044036 |

---

### Nasdaq-100 Index Fund (Series ID: S000016026)

---

|  |  |  |
|:---|:---|:---|
| Class Name           | Ticker Symbol | Class ID   |
| K Shares             | NDXKX         | C000044037 |
| Investor Shares      | NASDX         | C000044038 |
| Institutional Shares | NQQQX         | C000234798 |

---

### U.S. Government Securities Fund (Series ID: S000016028)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Investor Shares | CAUSX         | C000044041 |
| K Shares        | CAUKX         | C000044042 |

---

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

---

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

---

### 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

### Green California Tax-Free Income Fund (Series ID: S000011273)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000031070 | Investor Shares | CFNTX           |

### S&P 500 Index Fund (Series ID: S000016022)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000044029 | Investor Shares | SPFIX           |
| C000044030 | K Shares        | SPXKX           |

### S&P MidCap Index Fund (Series ID: S000016023)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000044031 | Investor Shares | SPMIX           |
| C000044032 | K Shares        | MIDKX           |

### S&P SmallCap Index Fund (Series ID: S000016024)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000044033 | Investor Shares | SMCIX           |
| C000044034 | K Shares        | SMLKX           |

### Shelton Equity Income Fund (Series ID: S000016025)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000044035 | Investor Shares | EQTIX           |
| C000044036 | K Shares        | EQTKX           |

### Nasdaq-100 Index Fund (Series ID: S000016026)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000044037 | K Shares             | NDXKX           |
| C000044038 | Investor Shares      | NASDX           |
| C000234798 | Institutional Shares | NQQQX           |

### U.S. Government Securities Fund (Series ID: S000016028)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000044041 | Investor Shares | CAUSX           |
| C000044042 | K Shares        | CAUKX           |

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

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

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

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

**Shelton Funds**

**(**the "Trust")

**Supplement dated May 26, 2026 to the**

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

**January 1, 2026**

Paralel Technologies LLC, the Trust's Transfer Agent and Fund Accounting Agent, has moved offices. Accordingly, all references to 1700 Broadway, Suite 1850, Denver, CO 80290 in the Prospectus and SAI are hereby deleted in their entirety and replaced with the following:

1700 Broadway, Suite 2100, Denver, CO 80290.

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