Shelton Equity Income Fund (EQTIX)
Shelton Equity Income Fund operates in the Asset Management - Income industry of the Financial Services sector, headquartered in San Francisco, CA, US. The stock last traded at $18.64, up 0.49% on the session, giving a market capitalisation of $1.11B. Its beta of 0.79 implies it has historically moved less than the broad market.
The Shelton Equity Income Fund primarily allocates its capital to American common stocks. Its core strategy seeks out securities that offer a substantial level of dividend income, particularly when compared to other companies within their respective industries, while also presenting promising opportunities for capital appreciation. Typically, these holdings will consist of shares issued by established medium and large U.S. corporations. A key mandate dictates that at least 80% of the fund's total assets, which includes any capital borrowed for investment activities, must be committed to common shares.
Shelton Equity Income Fund is most often compared with the following Financial Services names: