Shelton Equity Premium Income ETF · AMEX:SEPI
Shelton Equity Premium Income ETF — Shelton Capital Management — Q2 2026 Earnings Presentation
29 slides from Shelton Equity Premium Income ETF's earnings presentation, Jun 30, 2026
Slide 1: Shelton Sustainable Equity Fund 2Q 2026 Presentation
Shelton Sustainable Equity Fund 2Q 2026 Presentation I Shelton Capital June 30, 2026 I Bruce Kahn, Ph.D. (NEXTX, NEXIX) Lead Portfolio Manager I Derek Izuel, CFA Chief Investment Officer and Portfolio Manager THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY.
Slide 2: Section 1: About Us
I Section 1: About Us THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY.
Slide 3: Important Information
Section 1: About Us I Important Information I All of the companies selected in the presentation are publicly disclosed holdings as of March 31, 2025 and were selected to show the diversity of the holdings of the fund across industries. I Fund information is not intended to represent future portfolio
Slide 4: Shelton Capital Management
Section 1: About Us I Shelton Capital Management Founded Shelton Capital Management is a multi-strategy boutique asset manager offering separately 1985 managed accounts, mutual funds, and exchange traded funds to investment advisors and their Headquarters clients, retirement plans, and individuals.
Slide 5: Equity Investment Team
Section 1: About Us I Equity Investment Team Derek Izuel , CFA Chief Investment Officer Barry Martin, CFA Nick Griebenow, CFA Bruce Kahn, Ph.D. Tony Jacoby, CFA Jason Goldenberg Nicolette DiMaggio Jake Gallion Portfolio Manager Portfolio Manager Portfolio Manager Portfolio Manager Portfolio Analyst
Slide 6: Portfolio Management Team
Section 1: About Us I Portfolio Management Team Bruce Kahn, Ph.D. • Lead portfolio manager of the Fund as of October 10, 2022. • Has over 18 years of portfolio management experience at Citibank, Deutsche Bank, Macquarie Global Inc., and Sustainable Insight Capital Management. • Chair of Investment C
Slide 7: Section 2: Fund Overview and Investment Process
I Section 2: Fund Overview and Investment Process THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY.
Slide 8: Fund Overview
Section 2: Fund Overview and Investment Process I Fund Overview Inception Date OBJECTIVE 03/12/13 (NEXTX) 10/10/22 (NEXIX) The Fund’s investment objective is to achieve long-term capital appreciation by investing in stocks in the sustainable economy. Morningstar Category Mid-Cap Growth PORTFOLIO MAN
Slide 9: Investment Philosophy: Introducing Our PRIME Criteria
Section 2: Fund Overview and Investment Process I Investment Philosophy: Introducing Our PRIME Criteria Sustainable companies as those which fulfill one or more of the requirements of our PRIME criteria For illustrative purposes only. THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY. SHELTON
Slide 10: Investment Process Funnel
Section 2: Fund Overview and Investment Process I Investment Process Funnel For illustrative purposes only. 10 SHELTONCAP.COM THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY.
Slide 11: Investment Process
Section 2: Fund Overview and Investment Process I Investment Process Idea Generation • Create universe from quantitative and qualitative processes: Note, not ESG filter • Interview company management teams • Industry research, conferences, academic consultants • Various third-party databases • Relat
Slide 12: Investment Philosophy
Section 2: Fund Overview and Investment Process I Investment Philosophy Fundamental Research & Analysis • Focus on strong free cash flow and attractive return on invested capital • Low valuation and therefore mispriced by capital markets • Business models that embrace sustainability/ESG performance
Slide 13: What is Our Edge? Agility, Conviction, Access
Section 2: Fund Overview and Investment Process I What is Our Edge? Agility, Conviction, Access Agility High Conviction Access The Fund can be agile and deploy With roughly 30 holdings, the Unrivaled access to portfolio capital in ways that seek to Fund maintains high conviction management team. gen
Slide 14: Vertiv Holding
Section 2: Fund Overview and Investment Process I Vertiv Holding Ticker: VRT Share Price Vertiv Holdings A P/E - LTM Buy Rated at: $180.00 120.0x $127 / share $160.00 31x Multiple 100.0x $140.00 Projections: FY 26’ $120.00 80.0x $83/ share - P/E 29x $100.00 $155 / share - 5YR DCF 60.0x $119 / share
Slide 15: Data Center Physical Infrastructure Market
Section 2: Fund Overview and Investment Process I Data Center Physical Infrastructure Market 124% 2028 $65B 2023 $29B THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY. SHELTONCAP.COM 15
Slide 16: Vertiv
Section 2: Fund Overview and Investment Process I Vertiv EPS Growth AI Compute Efficiency $4.41 $3.59 Growing Cooling Requirements $2.85 $1.77 Data Center Expansions 2023 2024 2025 2026 16 SHELTONCAP.COM THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY.
Slide 17: Vertiv
Section 2: Fund Overview and Investment Process I Vertiv 25X More Energy Efficient Compared to Liquid Cooling Air-Cooling 24.0 21.0 0.8 VRT CLS POWL THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY. SHELTONCAP.COM 17
Slide 18: ON Holding
Section 2: Fund Overview and Investment Process I ON Holding Ticker: ONON Share Price EV/EBITDA Buy Rated at: $70.00 70.0x $31.98 / share 37x EV/ EBITDA Multiple $60.00 60.0x Projections: FY 28’ $50.00 50.0x $110.42/ share - 25x EV/ EBITDA Multiple $40.00 40.0x $30.00 30.0x $20.00 20.0x $10.00 10.0x
Slide 19: Global Sports Apparel Market
Section 2: Fund Overview and Investment Process I Global Sports Apparel Market 2030 $294B 2023 $213B Source: TAG THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY. SHELTONCAP.COM 19
Slide 20: How Fast Are We Running
Section 2: Fund Overview and Investment Process I How Fast Are We Running EPS Growth Subscription Based Shoe $1.48 Cyclon On Neo shoes - $29 per month Onward - Recycle/ Reuse Platform $1.09 Product Innovation $0.84 Strong pipeline of new products Launching into apparel Lightspray Technology $0.27 DT
Slide 21: Why is ON Holdings Outrunning Peers?
Section 2: Fund Overview and Investment Process I Why is ON Holdings Outrunning Peers? Gross Margin % Recycled Material % 62.1% 58.8% 56.4% 49.7% 44.1% 34.1% 23.5% 22.0% 10.7% 4.7% On Holding Lululemon Adidas Deckers Nike THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY. SHELTONCAP.COM 21
Slide 22: Why is ON Holdings Outrunning Peers?
Section 2: Fund Overview and Investment Process I Why is ON Holdings Outrunning Peers? 22 SHELTONCAP.COM THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY.
Slide 23: Samsara
Section 2: Fund Overview and Investment Process I Samsara Ticker: IOT Share Price EV/Sales Buy Rated at: $33.98 / share $70.00 30.0x 19x EV/ EBITDA Multiple $60.00 25.0x Projections: FY 26’ $50.00 $55/ share - EV/ Sales 16x 20.0x $63/ share - DCF $40.00 $59/ share - Price Target 15.0x $30.00 10.0x $
Slide 24: Samsara (IOT)
Section 2: Fund Overview and Investment Process I Samsara (IOT) 2023 2026 18% CAGR $122B $200B Source: Jefferies 24 SHELTONCAP.COM THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY.
Slide 25: Samsara
Section 2: Fund Overview and Investment Process I Samsara Gross Margin % Sustainable Solutions % 96.4% Product Innovation New asset tags to track physical assets Samara Intelligence — New AI offering; 75.7% Samara Assistant helps improve safety; connected cloud. 60.0% 53.6% Client Growth Large custo
Slide 26: Section 3: Performance and Characteristics
I Section 3: Performance and Characteristics THIS PRESENTATION IS FOR FINANCIAL PROFESSIONAL USE ONLY.
Slide 27: Fund Performance
Section 3: Performance and Characteristics I Fund Performance AVERAGE ANNUAL TOTAL RETURNS AS OF 2Q 2026 2Q26 YTD 1YR 3YR 5YR 10YR NEXTX 7.79% 11.91% 14.49% 4.93% -3.69% 11.75% NEXIX 7.87% 12.04% 14.80% 5.20% N/A N/A S&P 400 MidCap Index 14.47% 17.33% 25.87% 15.37% 9.02% 11.61% Source: Bloomberg *Ef
Slide 28: Fund Characteristics
Section 3: Performance and Characteristics I Fund Characteristics MSCI ACWI Allocation % by Domicile Characteristics NEXTX IMI (Net) Number of securities 45 9,154 Market Capitalization Avg (US$B) $31.45 $6.96 Return on Equity (5yr) 18.41 0.84 27% Price/Book (wtd. avg.) 3.41 2.20 U.S. Price/Sales 1.6
Slide 29: Sales Territories and Contacts
I Sales Territories and Contacts Region Contact Email Phone West Laura Bevill lbevill@sheltoncap.com 720-804-5660 Central Jason Shidler jshidler@sheltoncap.com 720-804-5669 Great Lakes Matt Gunter mgunter@sheltoncap.com 720-978-8648 Northeast TBD plaffrenzen@sheltoncap.com 720-982-6382 Southeast Jef
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