Morningstar® Investment Profile™   Morningstar®
Disclosure
  Format
for Print
Dodge & Cox Stock  DODGX
Release date as of 2019-10-31. Data on page is subject to change.
Snapshot Total Returns Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
Rating™
What is this?
As of 2019-10-31
Out of 1094
Large Value Funds
Morningstar®
Style Box™
What is this?
As of 2019-09-30
Total Fund Assets ($ Mil)
70,638.98
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment 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. It will invest at least 80% of its total assets in equity securities, including common stocks, depositary receipts evidencing ownership of common stocks, preferred stocks, securities convertible into common stocks, and securities that carry the right to buy common stocks. The fund may invest up to 20% of its total assets in U.S. dollar-denominated securities of non-U.S. issuers traded in the United States that are not in the S&P 500.
  Morningstar Category: Large Value
Large-value portfolios invest primarily in big U.S. companies that are less expensive or growing more slowly than other large-cap stocks. Stocks in the top 70% of the capitalization of the U.S. equity market are defined as large cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow). 
  Performance
Growth of $10,000
(from 2009-01-01 to 2019-10-31)
Investment: Dodge & Cox Stock
Benchmark 1: S&P 500 TR USD
Benchmark 2: Russell 1000 Value TR USD
Category: Large Value
This graph presents historical performance for the investment as well as an index and/or peer group. If the investment, index and/or peer group have performed similarly, the line representing the fund will overlay the index and/or peer group. Therefore, the line(s) representing the index and/or peer group history may be hidden.
Total Annualized Returns %
YTD 1 Year 3 Year 5 Year 10 Year Since Inception
Investment 16.05 6.54 12.30 8.63 12.60 11.01
S&P 500 TR USD 23.16 14.33 14.91 10.78 13.70 ---
Russell 1000 Value TR USD 19.46 11.21 10.51 7.61 11.96 ---
Category 18.06 9.63 10.57 7.22 11.07 9.69
Morningstar Rating --- --- ---
# of compared Large Value funds covered (3 yrs : out of 1094 funds) (5 yrs : out of 947 funds) (10 yrs : out of 693 funds)
Ratings reflect risk-adjusted performance and are derived from a weighted average of the performance figures associated with its three, five and ten-year (if applicable) time periods.
Investment results shown represent historical performance and do not guarantee future results. Investment returns and principal values fluctuate with changes in interest rates and other market conditions so the value, when redeemed may be worth more or less than original costs. Current performance may be lower or higher than the performance data shown.
Fees and Expenses
Total Annual Operating Expense 0.52%
Prospectus Net Expense Ratio 0.52%
Maximum Sales Charge ---
The total annual operating expense shown is before management fee waivers or expense caps. For more information on waivers/reimbursements, please see the prospectus. The total annual operating expense is also referred to as the prospectus gross expense ratio.
Waiver Data
Type Date %
--- --- --- ---
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 86.4
Bullet Non-U.S. Stocks Non-U.S. Stocks 11.6
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.0
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2019-09-30
Morningstar Equity Sectors
% of Stocks
Cyclical 32.11
Basic Materials 1.13
Consumer Cyclical 4.89
Financial Services 26.09
Real Estate 0.00
Sensitive 45.32
Communication Services 7.87
Energy 10.14
Industrials 7.94
Technology 19.37
Defensive 22.58
Consumer Defensive 0.85
Healthcare 21.73
Utilities 0.00
Data through 2019-09-30
Holding Status
Total Number of Stock Holdings 65
Total Number of Bond Holdings 0
% of Net Assets in Top 10 Holdings 32.46
Turnover % (as of 2019-06-30) 9.00
30 Day SEC Yield % 1.76
Top Holdings
Sector P/E % of Net
Assets
Wells Fargo & Co 13.39 3.80
Charles Schwab Corp 30.21 3.45
Occidental Petroleum Corp 33.44 3.38
Capital One Financial Corp 19.46 3.38
Comcast Corp Class A 6.79 3.26
Alphabet Inc Class C 49.02 3.21
Microsoft Corp 68.03 3.09
Charter Communications Inc A 8.64 3.05
Bank of America Corporation 16.47 2.93
FedEx Corp 14.75 2.91
Data through 2019-09-30
  Principal Risks   
Currency, Foreign Securities, Loss of Money, Not FDIC Insured, Market/Market Volatility, Equity Securities, Restricted/Illiquid Securities, Derivatives, Management
Show Risk Definitions
  Other Information
Inception Date: 1965-01-04
Portfolio Manager(s)
Steven C. Voorhis   (2006-05-01)
Mr. Voorhis received his B.A. and M.A. degrees from Stanford University in 1992 and his M.B.A from the Harvard Business School in 1996. Prior to graduate school, he worked at Goldman Sachs as a financial analyst. He joined Dodge & Cox in 1996. Mr. Voorhis is a shareholder of the firm and a CFA charterholder.
Karol Marcin   (2018-01-31)
Mr. Marcin received his B.A. (summa cum laude) from Whitman College in 1995 and his M.B.A. from the Stanford Graduate School of Business in 2000. Prior to entering graduate school, he worked for three years as a financial analyst with Salomon Brothers. Mr. Marcin joined Dodge & Cox in 2000. Mr. Marcin is a shareholder of the firm and a CFA charterholder.
Philippe Barret   (2013-02-28)
Philippe Barret, Jr., Vice President — Mr. Barret received his B.A. degree (magna cum laude) from Washington and Lee University in 1998 and his M.B.A. degree from the Stanford Graduate School of Business in 2004. Between degrees, he worked as financial analyst at JP Morgan and American Securities Capital Partners, LLC. Mr. Barret joined Dodge & Cox in 2004. He is a shareholder of the firm and holds the CFA® designation.
Kathleen G. McCarthy   (2016-01-31)
Ms. McCarthy received her B.A. degree in Economics from Stanford University in 2001 and her M.B.A. degree from the Stanford Graduate School of Business in 2007. Prior to graduate school, she worked at Merrill Lynch and Palladium Equity Partners. Ms. McCarthy joined Dodge & Cox in 2007 and is a shareholder of the firm and a CFA charterholder.
Benjamin V. Garosi   (2019-01-31)
Benjamin V. Garosi, is Vice President of Dodge & Cox; Research Analyst and member of USEIC (since January 2019).
Diana S. Strandberg   (2005-01-01)
Ms. Strandberg graduated from the University of California, Berkeley (Phi Beta Kappa) in 1981 and received her M.B.A. degree from the Harvard Business School in 1986. After two years as a securities analyst at the First Boston Corporation, she joined Dodge & Cox in 1988. Ms. Strandberg is a Senior Vice President of the Dodge & Cox Funds. She is a Director and shareholder of the firm and a CFA charterholder.
Wendell W. Birkhofer   (2002-01-01)
Mr. Birkhofer received his B.A. degree from Stanford University in 1978 and his M.B.A. from the Stanford Graduate School of Business in 1987. Prior to entering the M.B.A. program, he worked for six years with Wen Birkhofer & Co., an investment broker dealer firm in Los Angeles. He joined Dodge & Cox in 1987. Mr. Birkhofer is a former member of the Board of Governors of the Investment Adviser Association. He is a shareholder of the firm, a CFA charterholder, and a Chartered Investment Counselor.
Bryan Cameron   (1992-01-01)
Mr. Cameron received his B.A. degree in Economics from the University of California, Davis in 1980 and his M.B.A. from the Stanford Graduate School of Business in 1983. Mr. Cameron worked for Dodge & Cox for one year before entering the M.B.A. program and rejoined the firm in 1983. He is a shareholder of the firm and a CFA charterholder.
Charles F. Pohl   (1992-01-01)
Mr. Pohl received his B.A. degree in 1980 and his M.B.A. degree in 1981 from the University of Chicago. He was with Wells Fargo Investment Advisors from 1981 until joining Dodge & Cox in 1984. Mr. Pohl is Chairman and a Trustee of the Dodge & Cox Funds. He is a Director and shareholder of the firm and a CFA charterholder.
David C. Hoeft   (2002-01-01)
Mr. Hoeft received his B.A. degree (Phi Beta Kappa) from the University of Chicago in 1989 and his M.B.A. from the Harvard Business School in 1993. Prior to entering graduate school, he worked for two years as a consultant to the energy industry. He joined Dodge & Cox in 1993. He is a Director and shareholder of the firm and a CFA charterholder.
Investment Advisor(s)
Dodge & Cox
Issuer
Dodge & Cox
Show Data Definitions

© Copyright 2019 Morningstar, Inc.
All rights reserved. Morningstar, the Morningstar logo, Morningstar.com, Morningstar Tools are either trademark or service marks of Morningstar, Inc. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or any losses arising from any use of information. Past performance is no guarantee of future performance.
Past performance is no guarantee of future results.
Returns will vary and shares may be worth more or less than their original cost when sold.