The Fund seeks long-term growth of principal and income. A secondary objective is to achieve a reasonable current income.
The Fund invests primarily in a diversified portfolio of equity securities. In selecting investments, the Fund typically invests in companies that, in Dodge & Cox's opinion, appear to be temporarily undervalued by the stock market but have a favorable outlook for long-term growth. The Fund focuses on the underlying financial condition and prospects of individual companies, including future earnings, cash flow, and dividends. Various other factors, including financial strength, economic condition, competitive advantage, quality of the business franchise, and the reputation, experience, and competence of a company's management are weighed against valuation in selecting individual securities.
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|Minimum Initial IRA Investment
|Minimum Subsequent Investment
||Dividends are distributed in March, June, September and December; capital gains, if any, are distributed in December and March.