Shelton Capital Management S&P Smallcap Index Fund Investor Shares (SMCIX)

Fund Assets	49.66M
Expense Ratio	0.88%
Min. Investment	$1,000
Turnover	20.00%
Dividend (ttm)	0.21
Dividend Yield	0.84%
Dividend Growth	-8.35%
Payout Frequency	Quarterly
Ex-Dividend Date	Jun 30, 2026

Previous Close	25.49
YTD Return	22.22%
1-Year Return	25.30%
5-Year Return	43.74%
52-Week Low	20.90
52-Week High	26.13
Beta (5Y)	1.33
Holdings	10
Inception Date	Oct 2, 1996

About SMCIX

Shelton S&P Smallcap Index Fund Investor Shares is a passively managed mutual fund designed to track the performance of the S&P SmallCap 600 Index. The fund invests predominantly in small-sized U.S. companies across a diverse range of sectors, including financials, consumer discretionary, industrials, and technology. By mirroring the composition of the S&P SmallCap 600 Index, the fund aims to provide broad exposure to the U.S. small-cap market segment, which typically represents about 3–4% of the total U.S. equity market. This indexing approach enables diversification across hundreds of companies, minimizing sensitivity to any single stock or industry. The fund is structured to maintain a high correlation with its benchmark, making it a core holding for investors seeking to participate in the potential growth of smaller American firms. With a low expense ratio relative to many actively managed peers and disciplined portfolio management, the fund plays a significant role in offering accessible, cost-effective entry to small-cap equities for a variety of market participants.

• Fund Family: Shelton Capital Management
• Category: Small Blend
• Performance Rating: Average
• Risk Rating: Average
• Stock Exchange: NASDAQ
• Ticker Symbol: SMCIX
• Share Class: Investor Shares
• Index: S&P 600 Small Cap TR

Performance

SMCIX had a total return of 25.30% in the past year, including dividends. Since the fund's inception, the average annual return has been 9.08%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
VTMSX	Vanguard	Vanguard Tax-Managed Small Cap Adm	0.05%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
SMLKX	K Shares	1.41%

Top Holdings

5.97% of assets

Name	Symbol	Weight
FormFactor, Inc.	FORM	0.68%
Viasat, Inc.	VSAT	0.67%
Molina Healthcare, Inc.	MOH	0.64%
Argan, Inc.	AGX	0.61%
BrightSpring Health Services, Inc.	BTSG	0.60%
Element Solutions Inc	ESI	0.59%
United States Treasury Bills 0%	B.0 07.30.26	0.59%
MaxLinear, Inc.	MXL	0.57%
Krystal Biotech, Inc.	KRYS	0.52%
ESCO Technologies Inc.	ESE	0.50%

Dividend History

Ex-Dividend	Amount	Pay Date
Jun 30, 2026	$0.0504	Jun 30, 2026
Mar 31, 2026	$0.06301	Mar 31, 2026
Dec 31, 2025	$0.0468	Dec 31, 2025
Nov 28, 2025	$1.73969	Nov 28, 2025
Sep 30, 2025	$0.0537	Sep 30, 2025
Jun 30, 2025	$0.0483	Jun 30, 2025

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 28, 2026

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