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Form N-PX · fund seriesSEC series no. S000016025

Shelton Equity Income Fund

A series of SHELTON FUNDS

Vote records
1,807year to 30 June 2026
Against management
6.9%125 of 1,804 marked votes
Say-on-pay support
83.7%for, of for + against + abstain
Shareholder-proposal support
29.4%for, of for + against + abstain

Shelton Equity Income Fund is a series of SHELTON FUNDS. For the year to 30 June 2026 its registrant reported 1,807 vote records for the series; 6.9% of the votes marked for or against management went against management. It voted for 83.7% of say-on-pay items and for 29.4% of proposals from security holders.

Compared with its registrant

year to 30 June 2026This seriesIts registrantMedian fund registrant
Against-management share6.9%6.0%6.2%
Say-on-pay support rate83.7%91.1%91.6%
Shareholder-proposal support rate29.4%38.6%27.5%

Votes by category

foragainstabstain, withhold or otheramber tick: the portion cast against management

Category (as the form names it)VotesForAgainstAgainst managementSplit
DIRECTOR ELECTIONS1,2851,245123.1%
SECTION 14A SAY-ON-PAY VOTES1311042016.0%
AUDIT-RELATED12512500.0%
SHAREHOLDER RIGHTS AND DEFENSES116536.4%
EXTRAORDINARY TRANSACTIONS65116.7%
CAPITAL STRUCTURE1111018.2%
COMPENSATION64471723.4%
CORPORATE GOVERNANCE87573043.5%
ENVIRONMENT OR CLIMATE451442.2%
HUMAN RIGHTS OR HUMAN CAPITAL/WORKFORCE1921710.5%
DIVERSITY, EQUITY, AND INCLUSION270270.0%
OTHER SOCIAL ISSUES635587.9%

By season

SeasonVote recordsAgainst managementSay-on-pay supportShareholder-proposal support
year to 30 June 20242,2259.0%93.3%41.1%
year to 30 June 20251,9255.9%84.0%21.6%
year to 30 June 20261,8076.9%83.7%29.4%

Questions

How often did Shelton Equity Income Fund vote against management?

6.9% of the votes its registrant marked for or against management in the year to 30 June 2026 (125 of 1,804).

How did Shelton Equity Income Fund vote on executive pay?

It voted for 103 of 123 say-on-pay items cast for, against or abstain (83.7%).

Is this the result of the meetings?

No. Form N-PX shows how the fund voted the shares it held. It does not show how other shareholders voted or what the outcome was.

Where does the data come from?

From the Form N-PX filed by SHELTON FUNDS, which lists the series that cast each vote. The SEC does not verify the contents. Data runs through 23 Sep 2026.

Provenance: SEC EDGAR, Form N-PX filed by SHELTON FUNDS (filer no. 778206); votes attributed to series S000016025 by the filer. Not verified by the SEC. Filings read through 23 Sep 2026.