T 2.125 05/15/25

NPORT-P false 0000778206 XXXXXXXX S000016028 C000044041 C000044042 SHELTON FUNDS 811-04417 0000778206 254900S73SCF59AAL583 1875 Lawrence Street, Suite 300 Denver 80202-1805 800-955-9888 U.S. Government Securities Fund S000016028 254900CM11M6XXS66Y88 2024-08-31 2024-08-31 N 14777312.46 56003.98 14721308.48 0 0 0 0 0 0 0 0 0 0 0 0 0 12124.22 USD N United States Treasury Notes 254900HROIFWPRGM1V77 T 2.125 05/15/25 912828XB1 1200000 PA USD 1179586.67 8.0127841326 Long DBT UST US N 2 2025-05-15 Fixed 2.125 N N N N N N United States Treasury Notes 254900HROIFWPRGM1V77 T 0.625 03/31/27 912828ZE3 900000 PA USD 829652.35 5.6357242369 Long DBT UST US N 2 2027-03-31 Fixed 0.625 N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 4.625 05/15/54 912810UA4 600000 PA USD 643125 4.36866737 Long DBT UST US N 1 2054-05-15 Fixed 4.625 N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 2.25 05/15/41 912810SY5 1200000 PA USD 914250 6.2103854507 Long DBT UST US N 2 2041-05-15 Fixed 2.25 N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 2 11/15/41 912810TC2 2000000 PA USD 1447031.24 9.8295015145 Long DBT UST US N 2 2041-11-15 Fixed 2 N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 4 11/15/52 912810TL2 1000000 PA USD 962441.41 6.5377436476 Long DBT UST US N 2 2052-11-15 Fixed 4 N N N N N N United States Treasury Notes 254900HROIFWPRGM1V77 T 2 02/15/25 912828J27 1900000 PA USD 1876196.25 12.7447655387 Long DBT UST US N 2 2025-02-15 Fixed 2 N N N N N N United States Treasury Notes 254900HROIFWPRGM1V77 T 2.375 04/30/26 9128286S4 800000 PA USD 778968.75 5.2914369063 Long DBT UST US N 2 2026-04-30 Fixed 2.375 N N N N N N United States Treasury Notes 254900HROIFWPRGM1V77 T 3.875 03/31/25 91282CGU9 1860000 PA USD 1851501.27 12.5770156404 Long DBT UST US N 2 2025-03-31 Fixed 3.875 N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 3.125 05/15/48 912810SC3 760000 PA USD 622665.63 4.2296894386 Long DBT UST US N 2 2048-05-15 Fixed 3.125 N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 2.875 08/15/45 912810RN0 800000 PA USD 640750 4.3525342932 Long DBT UST US N 2 2045-08-15 Fixed 2.875 N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 3.125 08/15/44 912810RH3 1600000 PA USD 1344062.5 9.1300477931 Long DBT UST US N 2 2044-08-15 Fixed 3.125 N N N N N N United States Treasury Bonds 254900HROIFWPRGM1V77 T 6 02/15/26 912810EW4 800000 PA USD 823796.87 5.5959486965 Long DBT UST US N 2 2026-02-15 Fixed 6 N N N N N N United States Treasury Bills 254900HROIFWPRGM1V77 B 0 09/26/24 912797KM8 500000 PA USD 498342.09 3.3851752422 Long DBT UST US N 2 2024-09-26 None 0 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 GN 677052 36295QEZ9 21300.219999999998 PA USD 22232.54 0.1510228526 Long ABS-MBS USGA US N 2 2038-06-15 Fixed 6 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 GN 666087 36295B6Y4 74329.27999999998 PA USD 75895.74 0.5155502319 Long ABS-MBS USGA US N 2 2038-03-15 Fixed 5 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 GN 651036 36292KHM1 18500.719999999998 PA USD 18602.19 0.1263623409 Long ABS-MBS USGA US N N/A 2026-01-15 Fixed 6 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 GN 617057 36290TQJ1 47737.799999999996 PA USD 48616.89 0.3302484291 Long ABS-MBS USGA US N 2 2036-04-15 Fixed 5.5 N N N N N N Government National Mortgage Association 549300M8ZYFG0OCMTT87 GN 616829 36290THE2 981.84 PA USD 979.69 0.0066549112 Long ABS-MBS USGA US N N/A 2025-01-15 Fixed 5.5 N N N N N N Gnma Pass-Thru M Single Family 549300M8ZYFG0OCMTT87 G2 MA2371 36179QT43 88166.42999999998 PA USD 83450.48 0.566868632 Long ABS-MBS USGA US N 2 2044-11-20 Fixed 3.5 N N N N N N 2024-10-30 SHELTON FUNDS /s/ Gregory Pusch Gregory Pusch General Counsel and CCO