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Average Annual Total Return*
For periods ended September 30, 2016 (updated quarterly)
    1 Year   3 Years   5 Years   10 Years   20 Years
Stock Fund 14.51% 8.91% 17.10% 5.53% 9.91%
S&P 500 Index   15.45%   11.18%   16.38%   7.24% 7.92%

Returns represent past performance and do not guarantee future results. Investment return and share price will fluctuate with market conditions, and investors may have a gain or loss when shares are sold. Mutual fund performance changes over time and currently may be significantly lower than stated above. Monthly updates to performance are accessible from the Performance & Prices page.

Fund Characteristics
as of September 30, 2016, unless otherwise noted (updated quarterly)
General Information
Net Asset Value Per Share $172.69
Total Net Assets (billions)   $56.2
Expense Ratio 0.52%
Portfolio Turnover Rate
(1/1/16 to 6/30/16, unannualized)
30-Day SEC Yield(a) 1.32%
Number of Companies 61
Fund Inception   1965
Asset Allocation
Portfolio Characteristics   Fund   S&P 500
Median Market Capitalization (billions) $39 $19
Weighted Average Market
Capitalization (billions)
  $104   $147
Price-to-Earnings Ratio(b)   13.9x   18.5x
Foreign Securities not in
the S&P 500(c)
  9.3%   0.0%
diversification (%)
  Fund   S&P 500
Financials   27.0   12.8
Information Technology   21.2   21.2
Health Care   16.8   14.7
Consumer Discretionary   16.6   12.5
Energy   9.9   7.3
Industrials   3.6   9.7
Consumer Staples   1.8   9.9
Telecommunication Services 1.3 2.6
Materials   0.9   2.9
Utilities   0.0   3.3
Real Estate   0.0   3.1
ten largest holdings (%)(d) Fund
Capital One Financial Corp. 3.8
Bank of America Corp.   3.8
Hewlett Packard Enterprise Co.   3.8
Charles Schwab Corp.   3.5
Wells Fargo & Co. 3.2
Time Warner, Inc. 3.1
Charter Communications, Inc. 3.1
Comcast Corp.   2.8
Alphabet, Inc. 2.8
Microsoft Corp.   2.7


(a) SEC Yield is an annualization of the Fund’s total net investment income per share for the 30-day period ended on the last day of the month.
(b) Price-to-earnings (P/E) ratios are calculated using 12-month forward earnings estimates from third-party sources.
(c) Foreign securities are U.S. dollar denominated.
(d) The Fund’s portfolio holdings are subject to change without notice. The mention of specific securities is not a recommendation to buy, sell, or hold any particular security and is not indicative of Dodge & Cox's current or future trading activity.
(e) Net Cash & Other includes cash, short-term investments, receivables, and payables.

*The Fund's total returns include the reinvestment of dividend and capital gain distributions, but have not been adjusted for any income taxes payable by shareholders on these distributions or on Fund share redemptions. Index returns include dividends but, unlike Fund returns, do not reflect fees or expenses. The S&P 500 Index is a market capitalization-weighted index of 500 large-capitalization stocks commonly used to represent the U.S. equity market.

S&P 500® is a trademark of S&P Global Inc.

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