Average Annual Total Return* For periods ended
December 31, 2015 (updated quarterly)
S&P 500 Index
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 December 31, 2015, unless otherwise noted (updated quarterly)
Net Asset Value Per Share
Total Net Assets
Portfolio Turnover Rate
30-Day SEC Yield(a)
Number of Companies
Median Market Capitalization (billions)
Weighted Average Market
in the S&P 500(c)
sector diversification (%)
ten largest holdings (%)(d)
Wells Fargo & Co.
Capital One Financial Corp.
Time Warner Cable, Inc.
Charles Schwab Corp.
Bank of America Corp.
Novartis AG (Switzerland)
(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 for the equity securities
held in the Fund and the S&P 500 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
(e) Net Cash & Other includes short-term investments (e.g., money market funds and repurchase agreements) and other assets less liabilities (e.g., cash, receivables, payables, and
unrealized appreciation/depreciation on certain derivatives). A majority of the short-term investments position is equitized using futures contracts.
*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.
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Before investing in any Dodge & Cox Fund, you should carefully consider the Fund's investment objectives, risks, and
charges and expenses. This and other important information is contained in a Fund's prospectus and summary prospectus. Please read the prospectus and summary prospectus carefully before investing. Investments are not FDIC-insured, nor are they deposits of or guaranteed by any bank or any other entity.