NEXTX: Shelton Green Alpha

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NEXTX Shelton Green Alpha


Profile

NEXTX - Profile

Vitals

  • YTD Return 15.9%
  • 3 Yr Annualized Return 11.9%
  • 5 Yr Annualized Return 9.4%
  • Net Assets $65.1 M
  • Holdings in Top 10 43.2%

52 WEEK LOW AND HIGH

$23.59
$14.29
$23.59

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.34%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 12.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Mid-Cap Growth

Distributions

  • YTD Total Return 15.9%
  • 3 Yr Annualized Total Return 13.0%
  • 5 Yr Annualized Total Return 10.1%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.15%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Shelton Green Alpha Fund
  • Fund Family Name
    Shelton Capital Management
  • Inception Date
    Mar 12, 2013
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Jeremy Deems

Fund Description

The fund invests primarily in common stocks of companies that Green Alpha Advisors, the investment sub-adviser to it, believes are leaders in managing environmental risks and opportunities, have above average growth potential and are reasonably valued. Under normal market conditions, at least 80% of its total assets (which includes the amount of any borrowings for investment purposes) will be invested in U.S. common stocks and American Depository Receipts ("ADRs").


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Categories

Performance

NEXTX - Performance

Return Ranking - Trailing

Period NEXTX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.9% -35.7% 45.9% 7.17%
1 Yr 24.1% -27.1% 60.5% 4.30%
3 Yr 11.9%* -42.7% 32.3% 8.03%
5 Yr 9.4%* -27.3% 22.0% 7.97%
10 Yr N/A* -9.6% 14.8% N/A

* Annualized

Return Ranking - Calendar

Period NEXTX Return Category Return Low Category Return High Rank in Category (%)
2019 43.4% -14.9% 45.5% 0.77%
2018 -20.0% -73.8% 5.4% 76.63%
2017 25.9% -76.0% 54.2% 19.00%
2016 -4.3% -12.7% 28.3% 91.50%
2015 0.8% -36.4% 17.2% 14.64%

Total Return Ranking - Trailing

Period NEXTX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.9% -35.7% 45.9% 7.17%
1 Yr 24.1% -27.1% 60.5% 4.30%
3 Yr 13.0%* -32.6% 32.3% 7.83%
5 Yr 10.1%* -20.9% 22.1% 12.08%
10 Yr N/A* -9.6% 19.2% N/A

* Annualized

Total Return Ranking - Calendar

Period NEXTX Return Category Return Low Category Return High Rank in Category (%)
2019 43.4% -14.9% 45.5% 0.77%
2018 -20.0% -73.8% 5.4% 84.55%
2017 29.5% 0.8% 54.2% 22.27%
2016 -4.3% -8.8% 29.2% 96.12%
2015 0.8% -36.4% 18.6% 33.15%

NAV & Total Return History


Holdings

NEXTX - Holdings

Concentration Analysis

NEXTX Category Low Category High NEXTX % Rank
Net Assets 65.1 M 218 K 104 B 74.82%
Number of Holdings 51 24 9820 80.55%
Net Assets in Top 10 28.1 M 236 K 17.8 B 65.69%
Weighting of Top 10 43.21% 9.8% 65.0% 17.25%

Top 10 Holdings

  1. Vestas Wind Systems A/S ADR 6.52%
  2. Moderna Inc 6.24%
  3. TerraForm Power Inc Class A 5.20%
  4. Tesla Inc 4.88%
  5. Applied Materials Inc 4.19%
  6. International Business Machines Corp 4.15%
  7. First Solar Inc 3.38%
  8. CRISPR Therapeutics AG 3.18%
  9. Hannon Armstrong Sustainable Infrastructure Capital Inc 2.85%
  10. Alphabet Inc Class C 2.64%

Asset Allocation

Weighting Return Low Return High NEXTX % Rank
Stocks
97.92% 2.12% 105.37% 51.19%
Cash
2.08% -7.62% 89.42% 45.69%
Preferred Stocks
0.00% 0.00% 6.03% 40.92%
Other
0.00% -0.56% 20.43% 44.40%
Convertible Bonds
0.00% 0.00% 3.56% 38.53%
Bonds
0.00% -11.97% 19.38% 46.79%

Stock Sector Breakdown

Weighting Return Low Return High NEXTX % Rank
Technology
46.34% 3.47% 46.34% 0.18%
Healthcare
17.25% -4.43% 36.45% 21.10%
Industrials
14.45% -5.03% 37.07% 8.07%
Utilities
6.19% -0.68% 12.59% 8.99%
Real Estate
5.22% -1.40% 17.38% 8.26%
Consumer Cyclical
4.98% 1.96% 37.76% 95.96%
Communication Services
2.69% -0.46% 68.91% 95.23%
Financial Services
1.59% -3.32% 31.84% 97.98%
Consumer Defense
1.29% -1.09% 25.74% 91.93%
Energy
0.00% 0.00% 11.01% 81.83%
Basic Materials
0.00% -0.64% 10.52% 94.86%

Stock Geographic Breakdown

Weighting Return Low Return High NEXTX % Rank
US
74.43% -5.21% 76.95% 1.28%
Non US
23.49% -0.77% 87.50% 93.76%

Expenses

NEXTX - Expenses

Operational Fees

NEXTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.08% 44.68% 46.27%
Management Fee 1.00% 0.07% 1.75% 92.84%
12b-1 Fee N/A 0.00% 1.00% 3.65%
Administrative Fee 0.10% 0.01% 0.65% 56.54%

Sales Fees

NEXTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.10% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

NEXTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.10% 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.

NEXTX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 1.00% 995.00% 7.14%

Distributions

NEXTX - Distributions

Dividend Yield Analysis

NEXTX Category Low Category High NEXTX % Rank
Dividend Yield 0.00% 0.00% 8.14% 35.41%

Dividend Distribution Analysis

NEXTX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Annually

Net Income Ratio Analysis

NEXTX Category Low Category High NEXTX % Rank
Net Income Ratio 0.15% -2.05% 7.25% 80.63%

Capital Gain Distribution Analysis

NEXTX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

NEXTX - Fund Manager Analysis

Managers

Jeremy Deems


Start Date

Tenure

Tenure Rank

Mar 12, 2013

7.22

7.2%

As Green Alpha’s Chief Financial and Chief Compliance Officer, Jeremy oversees the company’s financial well-being and ensures the firm’s operations are in compliance with all regulatory rules and best practices. He is also a co-portfolio manager on all Green Alpha portfolios. Jeremy brought his impact investing expertise to Boulder in 2007, where he co-founded Green Alpha Advisors with Garvin Jabusch. Thinking more like a VC and scientist than a traditional public-equity manager, Jeremy understood the immense investment opportunity presented by the transition to a de-carbonized economy. The result was Next Economy investing—a method that aims to invest only in innovative solutions to system-level risks like climate change, never in their causes.

Garvin Jabusch


Start Date

Tenure

Tenure Rank

Mar 12, 2013

7.22

7.2%

Garvin is the Chief Investment Officer for Green Alpha Advisors, where he leads investment research; conducts macroeconomic, scientific, and technological analysis; and develops and communicates the Next Economy investment approach. Prior to co-founding Green Alpha with Jeremy Deems in 2007, Garvin had realized that traditional investment methods constrained the opportunity to have impact and achieve long-term competitive returns. How could he invest in the leaders of tomorrow’s sustainable economy if they were limited to an index of the carbon economy’s winners? Together with Jeremy, Garvin decided to throw out the rule book, found Green Alpha, and begin investing in the Next Economy—a method that aims to invest only in innovative solutions to system-level risks like climate change, never in their causes.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 29.43 6.72 14.51