Shelton BDC Income Institutional
Name
As of 11/30/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
18.4%
1 yr return
57.1%
3 Yr Avg Return
10.7%
5 Yr Avg Return
8.7%
Net Assets
$3.94 M
Holdings in Top 10
79.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 11.17%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 28.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$500,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 11/30/2021Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
LOAIX - Profile
Distributions
- YTD Total Return 18.4%
- 3 Yr Annualized Total Return 10.7%
- 5 Yr Annualized Total Return 8.7%
- Capital Gain Distribution Frequency N/A
- Net Income Ratio 9.47%
- Dividend Yield 10.8%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameShelton BDC Income Fund
-
Fund Family NameShelton Capital Management
-
Inception DateMay 02, 2014
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerWilliam Mock
Fund Description
LOAIX - Performance
Return Ranking - Trailing
Period | LOAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.4% | -13.0% | 52.6% | 86.33% |
1 Yr | 57.1% | 16.4% | 88.9% | 19.08% |
3 Yr | 10.7%* | 0.8% | 27.4% | 61.76% |
5 Yr | 8.7%* | 1.5% | 20.9% | 75.00% |
10 Yr | N/A* | 5.3% | 19.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | LOAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -18.5% | -51.5% | 27.1% | 91.89% |
2022 | 15.6% | 10.5% | 35.3% | 90.10% |
2021 | -13.1% | -38.6% | -4.2% | 8.51% |
2020 | -2.1% | -63.0% | 29.1% | 92.22% |
2019 | N/A | -14.7% | 36.0% | N/A |
Total Return Ranking - Trailing
Period | LOAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 18.4% | -13.9% | 52.6% | 85.61% |
1 Yr | 57.1% | 16.4% | 88.9% | 21.85% |
3 Yr | 10.7%* | -2.3% | 27.4% | 57.53% |
5 Yr | 8.7%* | -2.1% | 20.9% | 73.57% |
10 Yr | N/A* | 5.3% | 19.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | LOAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | -18.5% | -51.5% | 27.1% | 91.89% |
2022 | 15.6% | 10.5% | 35.3% | 90.10% |
2021 | -4.8% | -36.1% | -4.2% | 3.19% |
2020 | 4.0% | -9.3% | 30.0% | 88.89% |
2019 | N/A | -14.7% | 37.9% | N/A |
NAV & Total Return History
LOAIX - Holdings
Concentration Analysis
LOAIX | Category Low | Category High | LOAIX % Rank | |
---|---|---|---|---|
Net Assets | 3.94 M | 648 K | 42 B | 95.33% |
Number of Holdings | 21 | 14 | 398 | 94.70% |
Net Assets in Top 10 | 2.98 M | 2.65 K | 22.6 B | 76.82% |
Weighting of Top 10 | 79.27% | 15.4% | 84.3% | 1.32% |
Top 10 Holdings
- Ares Capital Corp 15.17%
- Owl Rock Capital Corp Ordinary Shares 10.32%
- FS KKR Capital Corp 9.80%
- FS KKR Capital Corp II Ordinary Shares 9.02%
- Sixth Street Specialty Lending Inc 8.21%
- Oaktree Specialty Lending Corp 7.37%
- Hercules Capital Inc 6.87%
- Main Street Capital Corp 6.45%
- Saratoga Investment Corp. 0% 6.33%
- Barings BDC Inc 5.66%
Asset Allocation
Weighting | Return Low | Return High | LOAIX % Rank | |
---|---|---|---|---|
Stocks | 100.39% | 89.53% | 103.99% | 1.99% |
Preferred Stocks | 0.00% | 0.00% | 1.97% | 17.22% |
Other | 0.00% | -1.02% | 2.79% | 25.17% |
Convertible Bonds | 0.00% | 0.00% | 0.11% | 19.21% |
Bonds | 0.00% | 0.00% | 1.05% | 21.19% |
Cash | -0.39% | -4.49% | 9.64% | 98.01% |
Stock Sector Breakdown
Weighting | Return Low | Return High | LOAIX % Rank | |
---|---|---|---|---|
Financial Services | 100.00% | 17.82% | 100.00% | 7.28% |
Utilities | 0.00% | 0.00% | 4.05% | 17.22% |
Technology | 0.00% | 0.00% | 45.84% | 45.70% |
Real Estate | 0.00% | 0.00% | 34.21% | 50.33% |
Industrials | 0.00% | 0.00% | 25.94% | 37.75% |
Healthcare | 0.00% | 0.00% | 5.82% | 19.21% |
Energy | 0.00% | 0.00% | 5.46% | 16.56% |
Communication Services | 0.00% | 0.00% | 6.15% | 17.22% |
Consumer Defense | 0.00% | 0.00% | 5.90% | 19.87% |
Consumer Cyclical | 0.00% | 0.00% | 47.02% | 32.45% |
Basic Materials | 0.00% | 0.00% | 3.60% | 20.53% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | LOAIX % Rank | |
---|---|---|---|---|
US | 100.39% | 0.00% | 101.48% | 1.32% |
Non US | 0.00% | 0.00% | 98.47% | 82.78% |
LOAIX - Expenses
Operational Fees
LOAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 11.17% | 0.08% | 11.97% | 4.03% |
Management Fee | 0.90% | 0.00% | 1.25% | 77.57% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.10% | 0.10% | 0.34% | 10.53% |
Sales Fees
LOAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 2.25% | N/A |
Trading Fees
LOAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
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.
LOAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 28.00% | 1.00% | 246.00% | 47.87% |
LOAIX - Distributions
Dividend Yield Analysis
LOAIX | Category Low | Category High | LOAIX % Rank | |
---|---|---|---|---|
Dividend Yield | 10.81% | 0.00% | 0.67% | 24.34% |
Dividend Distribution Analysis
LOAIX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
LOAIX | Category Low | Category High | LOAIX % Rank | |
---|---|---|---|---|
Net Income Ratio | 9.47% | -0.76% | 10.57% | 2.86% |
Capital Gain Distribution Analysis
LOAIX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Mar 29, 2019 | $0.224 | |
Dec 31, 2018 | $0.210 | |
Sep 28, 2018 | $0.171 | |
Jun 29, 2018 | $0.179 | |
Mar 29, 2018 | $0.217 | |
Dec 29, 2017 | $0.160 | |
Sep 29, 2017 | $0.137 | |
Jun 30, 2017 | $0.123 | |
Mar 31, 2017 | $0.138 | |
Dec 30, 2016 | $0.114 |
LOAIX - Fund Manager Analysis
Managers
William Mock
Start Date
Tenure
Tenure Rank
Mar 29, 2017
4.59
4.6%
William Mock is a Portfolio Manager for the Shelton Tactical Credit Fund, U.S. Government Securities Fund, Short-Term U.S. Government Bond Fund, California Tax-Free Income Fund, BDC Income Fund, United States Treasury Trust and the Firm’s fixed income separately managed accounts. Mr. Mock has 20 years of experience as a trader and portfolio manager of fixed income and derivative portfolios. He earned an MBA from the University of Chicago Booth School of Business and a B.S. from Kansas State University.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.19 | 24.92 | 7.68 | 1.62 |