Shelton Equity Income Fund
EQTIX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- San Francisco, CA 94104 San Francisco CA United States of America 94104
- IPO Date
- Sep 4, 1996
- CIK
- 0000778206
- Website
- sheltonfunds.com
- Similar Companies
- Business
- Shelton Equity Income Fund (EQTIX) is an open-end mutual fund managed by Shelton Capital Management that seeks a high level of current income and, secondarily, capital appreciation by investing primarily in income-producing U.S. equity securities of mid- to large-cap companies; the fund employs a covered call options writing strategy on its equity holdings to generate additional income and enhance shareholder distributions. Core offerings include direct shares (EQTIX) and K shares (EQTKX), with a focus on dividend-paying stocks selected for value characteristics in the large-blend style within the Derivative Income category; as of recent data, the fund holds approximately 90% in U.S. stocks, 8-9% in cash, and minimal non-U.S. equities, maintaining total net assets exceeding $957 million and a trailing twelve-month yield around 8.5%. The fund targets income-oriented investors, including individuals, financial advisors, and employer-sponsored retirement plans, with geographic operations centered in the United States. Launched in 1996 and domiciled in the United States, the fund operates under Shelton Capital Management, a Denver, Colorado-based multi-strategy asset manager founded in 1985 with over $6 billion in assets under management as of mid-2025 and additional offices in San Francisco. Shelton Capital Management, headquartered at 1125 17th Street, Ste. 2550, Denver, provides advisory services across U.S. equity, international equity, fixed income, ESG, and equity income strategies through mutual funds, ETFs, and separately managed accounts. Recent developments include the fund surpassing $1 billion in assets under management in September 2025, alongside growth in Shelton's equity income product suite to over $1.7 billion incorporating the Shelton Equity Income SMA strategy; in September 2025, Shelton Capital Management launched the related Shelton Equity Premium Income ETF (SEPI) on NYSE Arca, applying similar covered call strategies on individual large-cap stocks for cash flow generation. Earlier milestones feature quarterly dividend declarations, such as $0.4500 per share for Q3 2024 and $0.4000 for Q4 2024, reflecting sustained distribution payouts since 1997; the firm has pursued strategic expansions, including the 2025 acquisition of Stringer Asset Management to enhance risk-managed portfolios and prior mergers like the 2022 acquisition of Vitruvian Capital Management. These changes underscore Shelton's focus on scaling equity income solutions amid rising demand for derivative income strategies.