Founded in 1930, Dodge & Cox manages assets worth over $259 billion based on assets raised in the country. The company is known for its effective business management. Moreover, Dodge & Cox is one of the major asset management companies, providing an array of investment solutions and strategies to both individuals and institutions.
The San Francisco-based company has a well-qualified and stable team of investment professionals. In its Investment Committee, each of the members has experience of more than 15 years. At present, the company has more than 224 employees all over the world and manages around 851 accounts.
Below, we share with you three top-rated Dodge & Cox mutual funds. Each has earned a Zacks Mutual Fund Rank #1 (Strong Buy) and is expected to outperform its peers in the future. Investors can click here to see the complete list of Dodge & Cox funds.
Dodge & Cox Balanced (MUTF:DODBX) invests in both equity and debt securities. DODBX invests around 25% to 75% of the total assets in equity securities. The fund may also invest a maximum 20% of its assets in U.S. dollar-denominated securities of non-U.S. issuers traded in the United States that are not on the S&P 500 Index. Dodge & Cox Balanced has a one-year annualized return of 24.2%.
DODBX has an expense ratio of 0.53% compared with the category average of 0.91%.
Dodge & Cox Stock (MUTF:DODGX) seeks long-term principal and income appreciation. DODGX maintains a diversified portfolio by investing the lion's share of its assets in equity securities, which include common stocks, depositary receipts and preferred stocks. The fund may invest one-fifth of its assets in dollar-denominated securities of non-S&P 500 foreign companies that are traded in the U.S. The Dodge & Cox Stock has a one-year annualized return of 33.1%.
As of December 2016, DODGX held 69 issues, with 3.99% of its assets invested in Bank of America Corporation (NYSE:BAC).
Dodge & Cox Income (MUTF:DODIX) maintains a diversified portfolio by investing high-quality debt securities. DODIX invests a huge chunk of its assets in securities of the U.S. government and its affiliates, and debt securities that are rated investment-grade. The fund seeks a steady and high level of current income. Dodge & Cox Income has a one-year annualized return of 5.9%.
Anthony Brekke is one of the fund managers of DODIX since 2008.