We are pleased to mark the 3-year anniversary of the Emerging Markets Stock Fund and the 10-year anniversary of the Global Bond Fund. Explore the Funds to learn more.


Overview

Objectives

Dodge & Cox Global Stock Fund seeks long-term growth of principal and income.

Investment approach

The Fund offers investors a highly selective, actively managed core global equity fund that invests in the U.S. and other developed countries as well as emerging markets, based on our analysis of fundamentals relative to current valuations. Generally, we:     

  • Target a diversified portfolio of equity securities, typically investing in medium-to-large, well-established companies that, in our opinion, appear to be temporarily undervalued by the stock market but have a favorable outlook for long-term growth.
  • Select individual securities based on our analyses of various factors—including a company’s financial strength, economic condition, competitive advantage, quality of the business franchise, financially material environmental, social, and governance (ESG) issues, and the reputation, experience, and competence of its management—as weighed against valuation.

Distributions

Dividends and capital gains (if any) are distributed annually in December. 


Performance


Portfolio

  


Meet the Fund’s Investment Committee

We believe investors benefit from our team-based approach to managing investments. Through close collaboration and debate, we bring our best ideas forward. The primary responsibilities of the Committee, whose members’ average tenure at Dodge & Cox is 25 years, include:
 

  • Setting and reviewing global equity investment strategy, and continually assessing opportunities and risks to the portfolio.
  • Evaluating and debating analyst recommendations and analyses to collaborate on buy, sell, and position-sizing decisions across individual holdings, sectors, and countries.
  • Overseeing the strategy’s implementation and monitoring portfolio holdings, making changes when appropriate

Our Committee members are shareholders of Dodge & Cox and invest in the Global Stock Fund.

David Hoeft

Chief Investment Officer, Investment Committee Member, D&C Board Member

30 years with Dodge & Cox

Steve Voorhis

Director of Research, Investment Committee Member

27 years with Dodge & Cox

Roger Kuo

President, Investment Committee Member, Global Industry Analyst, D&C Board Member

25 years with Dodge & Cox

Karol Marcin

Investment Committee Member, Global Industry Analyst

23 years with Dodge & Cox

Lily Beischer

Investment Committee Member, Global Industry Analyst

22 years with Dodge & Cox

Ray Mertens

Investment Committee Member, Global Industry Analyst, D&C Board Member

20 years with Dodge & Cox

Documents

Ready to start investing?

If this Fund is right for you, you can invest directly by opening a Dodge & Cox Funds account.

Need some help?

Our experienced team is available to answer your questions or help you find what you are looking for.

You could lose money by investing in the Fund, and the Fund could underperform other investments. You should expect the Fund’s share price and total return to fluctuate within a wide range. The Fund’s performance could be hurt by:

 

An investment in the Fund is not a deposit of a bank and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency.

 

There are further risk factors described elsewhere in the Prospectus and in the Statement of Additional Information.

The MSCI ACWI (All Country World Index) Index is a broad-based, unmanaged equity market index aggregated from 50 developed and emerging market country indices.. The MSCI information may only be used for your internal use, may not be reproduced or redisseminated in any form and may not be used as a basis for or a component of any financial instruments or products or indices. None of the MSCI information is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such. Historical data and analysis should not be taken as an indication or guarantee of any future performance analysis, forecast or prediction. The MSCI Information is provided on an ''as is'' basis and the user of this information assumes the entire risk of any use made of this information. MSCI, each of its affiliates and each other person involved In or related to compiling, computing or creating any MSCI information (collectively, the ''MSCI Parties'') expressly disclaims all warranties (including, without limitation, any warranties of originality, accuracy, completeness, timeliness, non-infringement, merchantability and fitness for a particular purpose) with respect to this information. Without limiting any of the foregoing, in no event shall any MSCI Party have any liability for any direct, indirect, special, incidental, punitive, consequential (including, without limitation, lost profits) or any other damages. (www.msci.com)

Portfolio Turnover is calculated as the lesser of the portfolio purchases or sales divided by the average portfolio value for the period.

Footnotes