As filed with the Securities and Exchange Commission on March 29, 2013
File Nos. 33-499 and 811-4417

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-1A
Registration Statement Under the Securities Act of 1933
Post-Effective Amendment No. 46
and
Registration Statement Under the Investment Company Act of 1940
Amendment No. 47
 
 
SHELTON FUNDS – SHELTON GREEN ALPHA FUND
(Exact Name of Registrant as Specified in its Charter)

44 Montgomery Street, Suite 2100, San Francisco, California 94104
(Address of Principal Executive Office)

Registrant's Telephone Number: (415) 398-2727

STEPHEN C. ROGERS
44 Montgomery Street, Suite 2100, San Francisco, California 94104
(Name and Address of Agent for Service)
 

It is proposed that this filing will become effective:
|X|
immediately upon filing pursuant to Rule 485(b)
|_|
on _______ pursuant to Rule 485(b)
|_|
60 days after filing pursuant to Rule 485(a)(1)
|_|
75 days after filing pursuant to Rule 485(a)(2)
|_|
on _______ pursuant to Rule 485(a)


Please Send Copy of Communications to:

Timothy Johnson, Esq.
Reed Smith LLP
225 Fifth Avenue
Pittsburgh, Pennsylvania  15222
Telephone: (412) 288-1484
 
 
 
 
 
EXPLANATORY NOTE

This Post-Effective Amendment No. 46 to the Trust's Registration Statement on Form N-1A is filed for the sole purpose of submitting the XBRL exhibits for the risk/return summary first provided in Post-Effective Amendment No. 45 filed March 8, 2013 and incorporates Parts A, B and C from said amendment.
 
 
 
 
 
SIGNATURES

Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant has duly caused this Post-Effective Amendment to its Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of San Francisco, the State of California, on March 26, 2013.

SHELTON FUNDS
(Registrant)

By /s/ Stephen C. Rogers
Stephen C. Rogers, President

Pursuant to the requirements of the Securities Act of 1933, this Post-Effective Amendment to the Registrant's Registration Statement has been signed below by the following persons in the capacities and on the dates indicated.

/s/ Stephen C. Rogers
Principal Executive Officer,
March 26, 2013
Stephen C. Rogers
Secretary and Trustee
 
 
 
 
/s/ James W. Miller, Jr.*
Trustee
March 26, 2013
James W. Miller, Jr.
 
 
 
 
 
/s/ Kevin T. Kogler*
Trustee
March 26, 2013
Kevin T. Kogler
 
 
 
 
 
/s/ Stephen H. Sutro*
Trustee
March 26, 2013
Stephen H. Sutro
 
 
 
 
 
* By: /s/ Stephen C. Rogers
 
 

Stephen C. Rogers, Attorney-in-Fact Pursuant to Power of Attorney is incorporated by reference to Post-Effective Amendment No. 34 to the Registration Statement as filed on October 31, 2006.
 
 
 
 
 
EXHIBIT INDEX

Exhibit No.
Exhibit
EX-101.INS
XBRL Instance Document
EX-101.SCH
XBRL Taxonomy Extension Schema Document
EX-101.CALC
XBRL Taxonomy Extension Calculation Linkbase
EX-101.DEF
XBRL Taxonomy Extension Definition Linkbase
EX-101.LAB
XBRL Taxonomy Extension Labels Linkbase
EX-101.PRE
XBRL Taxonomy Extension Presentation Linkbase
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