Nasdaq-100 Index Fund
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
18.2%
1 yr return
32.8%
3 Yr Avg Return
10.6%
5 Yr Avg Return
21.7%
Net Assets
$1.63 B
Holdings in Top 10
48.0%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 0.66%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 7.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 10/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
NASDX - Profile
Distributions
- YTD Total Return 18.2%
- 3 Yr Annualized Total Return 10.6%
- 5 Yr Annualized Total Return 21.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.24%
- Dividend Yield 0.3%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameNasdaq-100 Index Fund
-
Fund Family NameSHELTONCAP
-
Inception DateJan 03, 2012
-
Shares OutstandingN/A
-
Share ClassInvestor
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerStephen Rogers
Fund Description
The Nasdaq-100 Index® includes 100 of the largest domestic and international non-financial companies listed on The Nasdaq Stock Market based on market capitalization. Nasdaq, which maintains the Index, makes all determinations regarding the inclusion of stocks in the Index. Each stock is weighted in proportion to its total market value. The Fund is passively managed. It invests primarily in the stocks comprising the Index so that the weighting of each stock in the portfolio approximates the Index. Shelton Capital Management, the investment advisor to the Fund, seeks to maintain a return correlation of at least 0.95 to the Nasdaq 100 Index® (a return correlation of 1.00 is perfect). Under normal market conditions, it is the Fund’s policy to invest at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) in the stocks comprising the Index. The Fund may invest in securities issued by other investment companies if those companies invest in securities consistent with the Fund’s investment objective and policies. Companies included in The Nasdaq-100 Index range from $9.7 billion to $2,954 billion in market capitalization as of November 30, 2023. The majority of portfolio transactions in the Fund (other than those made in response to shareholder activity) will be made to adjust the Fund’s portfolio to track the Index or to reflect occasional changes in the Index’s composition. The Fund may invest in futures contracts, which are a type of derivative. The Fund generally maintains some short-term securities and cash equivalents in the portfolio to meet redemptions and needs for liquidity. Shelton will typically buy futures contracts so that the market value of the futures replicates the difference between the net assets of the fund and the equity holdings. This helps minimize the tracking error of the Fund.
The Fund is classified as “diversified” as defined under the Investment Company Act of 1940, as amended, but may exceed the applicable diversification limits, solely as a result of a change in relative market capitalizations or index weightings of one or more stocks in the Nasdaq-100 Index®. This means that the Fund may invest a greater portion of its assets in a limited number of issuers than would be the case if the Fund were always managed within the limits ordinarily applicable to a diversified management investment company. The Fund intends to maintain its equity holdings in approximately the same proportion as the Nasdaq-100 Index®. Shareholder approval will not be sought when the Fund exceeds the applicable diversification limits due solely to a change in the relative market capitalization or index weighting of one or more constituents of the Nasdaq-100 Index®.
NASDX - Performance
Return Ranking - Trailing
Period | NASDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.2% | -1.6% | 39.4% | 69.87% |
1 Yr | 32.8% | 7.5% | 58.1% | 72.84% |
3 Yr | 10.6%* | -27.6% | 25.5% | 13.34% |
5 Yr | 21.7%* | -13.0% | 30.0% | 2.23% |
10 Yr | 17.7%* | -4.5% | 20.0% | 2.03% |
* Annualized
Return Ranking - Calendar
Period | NASDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 43.2% | -74.1% | 72.4% | 17.00% |
2022 | -34.9% | -85.9% | 4.7% | 55.42% |
2021 | 24.1% | -52.4% | 60.5% | 7.70% |
2020 | 46.5% | -34.3% | 145.0% | 10.96% |
2019 | 28.7% | -6.9% | 49.4% | 25.66% |
Total Return Ranking - Trailing
Period | NASDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.2% | -1.6% | 39.4% | 69.87% |
1 Yr | 32.8% | 7.5% | 58.1% | 72.84% |
3 Yr | 10.6%* | -27.6% | 25.5% | 13.34% |
5 Yr | 21.7%* | -13.0% | 30.0% | 2.23% |
10 Yr | 17.7%* | -4.5% | 20.0% | 2.03% |
* Annualized
Total Return Ranking - Calendar
Period | NASDX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 54.8% | -4.6% | 72.4% | 1.90% |
2022 | -32.6% | -61.7% | 5.6% | 66.45% |
2021 | 27.4% | -39.8% | 118.1% | 16.70% |
2020 | 48.8% | 2.8% | 149.2% | 16.54% |
2019 | 38.9% | -5.2% | 49.4% | 6.16% |
NAV & Total Return History
NASDX - Holdings
Concentration Analysis
NASDX | Category Low | Category High | NASDX % Rank | |
---|---|---|---|---|
Net Assets | 1.63 B | 292 K | 287 B | 47.00% |
Number of Holdings | 103 | 2 | 3143 | 23.43% |
Net Assets in Top 10 | 817 M | 109 K | 151 B | 50.36% |
Weighting of Top 10 | 48.04% | 0.7% | 205.0% | 69.76% |
Top 10 Holdings
- Microsoft Corporation COM USD0.00000625 8.40%
- Apple Inc. COM USD0.00001 8.08%
- NVIDIA Corp. COM USD0.001 7.46%
- Amazon.com, Inc. COM USD0.01 4.99%
- Meta Platforms Inc COM USD0.000006 CL 'A' 4.45%
- Broadcom Inc COM USD0.001 4.33%
- Alphabet Inc. CAP STK USD0.001 CL A 2.77%
- Alphabet Inc. CAP USD0.001 CL C 2.69%
- Costco Wholesale Corporation COM USD0.01 2.53%
- Tesla Inc COM USD0.001 2.34%
Asset Allocation
Weighting | Return Low | Return High | NASDX % Rank | |
---|---|---|---|---|
Stocks | 98.59% | 0.00% | 115.30% | 56.46% |
Bonds | 1.39% | 0.00% | 103.97% | 1.62% |
Other | 1.36% | -31.50% | 50.35% | 7.36% |
Preferred Stocks | 0.00% | 0.00% | 10.69% | 35.73% |
Convertible Bonds | 0.00% | 0.00% | 1.94% | 25.90% |
Cash | 0.00% | 0.00% | 173.52% | 95.78% |
Stock Sector Breakdown
Weighting | Return Low | Return High | NASDX % Rank | |
---|---|---|---|---|
Technology | 48.30% | 0.00% | 65.70% | 6.03% |
Communication Services | 17.03% | 0.00% | 66.40% | 7.55% |
Consumer Cyclical | 17.00% | 0.00% | 62.57% | 39.30% |
Healthcare | 6.15% | 0.00% | 39.76% | 96.31% |
Consumer Defense | 5.48% | 0.00% | 25.50% | 23.38% |
Industrials | 3.93% | 0.00% | 30.65% | 73.83% |
Utilities | 1.11% | 0.00% | 16.07% | 16.37% |
Financial Services | 0.98% | 0.00% | 43.06% | 97.48% |
Real Estate | 0.00% | 0.00% | 16.05% | 76.08% |
Energy | 0.00% | 0.00% | 41.09% | 64.84% |
Basic Materials | 0.00% | 0.00% | 18.91% | 79.77% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | NASDX % Rank | |
---|---|---|---|---|
US | 98.59% | 0.00% | 115.30% | 43.81% |
Non US | 0.00% | 0.00% | 75.51% | 48.92% |
Bond Sector Breakdown
Weighting | Return Low | Return High | NASDX % Rank | |
---|---|---|---|---|
Derivative | 1.36% | -31.73% | 14.84% | 2.24% |
Cash & Equivalents | 0.00% | 0.00% | 173.52% | 89.14% |
Securitized | 0.00% | 0.00% | 43.70% | 22.69% |
Corporate | 0.00% | 0.00% | 100.00% | 34.56% |
Municipal | 0.00% | 0.00% | 0.57% | 22.69% |
Government | 0.00% | 0.00% | 12.45% | 23.54% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | NASDX % Rank | |
---|---|---|---|---|
US | 1.39% | 0.00% | 103.97% | 1.62% |
Non US | 0.00% | 0.00% | 0.00% | 22.08% |
NASDX - Expenses
Operational Fees
NASDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.66% | 0.01% | 28.71% | 76.49% |
Management Fee | 0.25% | 0.00% | 1.50% | 5.70% |
12b-1 Fee | N/A | 0.00% | 1.00% | 4.94% |
Administrative Fee | 0.10% | 0.01% | 1.02% | 49.14% |
Sales Fees
NASDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.25% | 8.50% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
NASDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.75% | 2.00% | 61.76% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
NASDX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 7.00% | 0.00% | 316.74% | 3.87% |
NASDX - Distributions
Dividend Yield Analysis
NASDX | Category Low | Category High | NASDX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.31% | 0.00% | 27.58% | 5.30% |
Dividend Distribution Analysis
NASDX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annual | Annual | Annual |
Net Income Ratio Analysis
NASDX | Category Low | Category High | NASDX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.24% | -6.13% | 3.48% | 15.05% |
Capital Gain Distribution Analysis
NASDX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Sep 30, 2024 | $0.032 | OrdinaryDividend |
Mar 28, 2024 | $0.042 | OrdinaryDividend |
Dec 29, 2023 | $0.054 | OrdinaryDividend |
Nov 30, 2023 | $0.419 | CapitalGainShortTerm |
Nov 30, 2023 | $1.976 | CapitalGainLongTerm |
Sep 29, 2023 | $0.033 | OrdinaryDividend |
Jun 30, 2023 | $0.026 | OrdinaryDividend |
Mar 31, 2023 | $0.038 | OrdinaryDividend |
Dec 30, 2022 | $0.039 | OrdinaryDividend |
Nov 30, 2022 | $0.765 | OrdinaryDividend |
Sep 30, 2022 | $0.030 | OrdinaryDividend |
Jun 30, 2022 | $0.028 | OrdinaryDividend |
Mar 31, 2022 | $0.022 | OrdinaryDividend |
Dec 31, 2021 | $0.013 | OrdinaryDividend |
Nov 30, 2021 | $0.815 | CapitalGainLongTerm |
Sep 30, 2021 | $0.011 | OrdinaryDividend |
Jun 30, 2021 | $0.016 | OrdinaryDividend |
Mar 31, 2021 | $0.015 | OrdinaryDividend |
Dec 31, 2020 | $0.061 | OrdinaryDividend |
Nov 30, 2020 | $0.267 | OrdinaryDividend |
Sep 30, 2020 | $0.015 | OrdinaryDividend |
Jun 30, 2020 | $0.004 | OrdinaryDividend |
Mar 31, 2020 | $0.027 | OrdinaryDividend |
Dec 31, 2019 | $0.027 | OrdinaryDividend |
Nov 29, 2019 | $0.063 | CapitalGainShortTerm |
Nov 29, 2019 | $1.258 | CapitalGainLongTerm |
Sep 30, 2019 | $0.047 | OrdinaryDividend |
Jun 28, 2019 | $0.020 | OrdinaryDividend |
Dec 31, 2018 | $0.069 | OrdinaryDividend |
Nov 30, 2018 | $0.238 | CapitalGainLongTerm |
Sep 28, 2018 | $0.027 | OrdinaryDividend |
Jun 29, 2018 | $0.026 | OrdinaryDividend |
Mar 29, 2018 | $0.023 | OrdinaryDividend |
Dec 29, 2017 | $0.024 | OrdinaryDividend |
Nov 30, 2017 | $0.050 | CapitalGainShortTerm |
Nov 30, 2017 | $0.118 | CapitalGainLongTerm |
Sep 29, 2017 | $0.024 | OrdinaryDividend |
Jun 30, 2017 | $0.030 | OrdinaryDividend |
Mar 31, 2017 | $0.020 | OrdinaryDividend |
Dec 30, 2016 | $0.014 | OrdinaryDividend |
Sep 30, 2016 | $0.030 | OrdinaryDividend |
Jun 30, 2016 | $0.023 | OrdinaryDividend |
Mar 31, 2016 | $0.026 | OrdinaryDividend |
Dec 31, 2015 | $0.023 | OrdinaryDividend |
Sep 30, 2015 | $0.038 | OrdinaryDividend |
Jun 30, 2015 | $0.019 | OrdinaryDividend |
Mar 31, 2015 | $0.021 | OrdinaryDividend |
Dec 31, 2014 | $0.021 | OrdinaryDividend |
Sep 30, 2014 | $0.015 | OrdinaryDividend |
Jun 30, 2014 | $0.019 | OrdinaryDividend |
Mar 31, 2014 | $0.056 | OrdinaryDividend |
Dec 31, 2013 | $0.019 | OrdinaryDividend |
Sep 30, 2013 | $0.015 | OrdinaryDividend |
Jun 28, 2013 | $0.019 | OrdinaryDividend |
Mar 28, 2013 | $0.014 | OrdinaryDividend |
Dec 31, 2012 | $0.019 | OrdinaryDividend |
Sep 28, 2012 | $0.009 | OrdinaryDividend |
Jun 29, 2012 | $0.007 | OrdinaryDividend |
Mar 30, 2012 | $0.006 | OrdinaryDividend |
NASDX - Fund Manager Analysis
Managers
Stephen Rogers
Start Date
Tenure
Tenure Rank
Dec 31, 2003
18.43
18.4%
Stephen C. Rogers has joined Shelton Capital Management in 1993 and serves as Chief Executive Officer of Shelton Capital Management. Mr. Rogers graduated from the University of Iowa in 1988 and earned his MBA from the University of California at Berkeley in 2000.
Anthony Jacoby
Start Date
Tenure
Tenure Rank
Jan 01, 2022
0.41
0.4%
Anthony Jacoby, CFA, has been a portfolio manager for the S&P 500 Index Fund, S&P MidCap Index Fund, S&P SmallCap Index Fund and Nasdaq-100 Index Fund since January 1, 2022. Mr. Jacoby joined Shelton in 2017 and previously worked at Brown Brothers Harriman since 2013. Mr. Jacoby graduated from the University of Colorado Boulder in 2008 with a B.A in Economics.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.04 | 54.45 | 8.24 | 3.08 |