About CFNTX
Shelton Green California Tax-Free Income Fund Investor Shares is an open-end municipal bond fund focused on generating high current income that is exempt from regular federal and California personal income taxes for California residents. The fund primarily invests in investment-grade municipal securities issued by the State of California and its local entities, emphasizing intermediate to long maturities and a typical duration range from four to twelve years. A defining feature is its integration of environmental, social, and governance screens, evaluating use of proceeds, expected environmental impact, revenue sources for repayment, and issuer reputation to position the portfolio as a green municipal bond offering. Management generally targets high-quality bonds with low default probability while managing risks specific to interest rates, credit, call features, and state concentration. The fund’s mandate and portfolio construction align it with the California intermediate muni category, serving investors seeking tax-efficient income within a state-specific, sustainability-oriented framework. As of the latest fact sheet, the Investor share class carries a published expense ratio and standard fund characteristics typical of actively managed municipal strategies.
Fund Family Shelton Capital Management
Category Muni California Intermediate
Performance Rating Below Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol CFNTX
Share Class Investor Shares
Index Bloomberg Municipal Bond TR
CFNTX had a total return of -2.76% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.00%.
