Dodge & Cox Balanced
- DODBX
- Price as of: Feb 22, 2021
-
$107.72
N/A N/A
- Primary Theme
- U.S. Balanced Allocation
- Fund Company
- Dodge & Cox
- Share Class
DODBX - Snapshot
Vitals
- YTD Return 6.3%
- 3 Yr Annualized Return 5.9%
- 5 Yr Annualized Return 11.1%
- Net Assets $14 B
- Holdings in Top 10 23.3%
52 WEEK LOW AND HIGH
Expenses
OPERATING RELATED FEES
- Expense Ratio 0.53%
SALES FEES
- Front Load N/A
- Deferred Load N/A
BROKERAGE FEES
- Turnover 35.00%
TRADING FEES
- Max Redemption Fee N/A
Min Investment
- Standard (Taxable) $2,500
- IRA $1,000
Fund Classification
-
Primary Theme
U.S. Balanced Allocation
- Fund Type Open End Mutual Fund
- Investment Style Allocation--50% to 70% Equity
DODBX - Profile
Distributions
- YTD Total Return 6.3%
- 3 Yr Annualized Total Return 5.9%
- 5 Yr Annualized Total Return 11.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 2.46%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Quarterly
Fund Details
-
Legal NameDodge & Cox Balanced Fund
-
Fund Family NameDodge & Cox
-
Inception DateJun 26, 1931
-
Shares OutstandingN/A
-
Share ClassNo Load
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerSteven Voorhis
Fund Description
The fund invests in a diversified portfolio of equity securities and debt securities. Under normal circumstances no less than 25% and no more than 75% of the fund's total assets will be invested in equity securities. It may invest up to 20% of its total assets in U.S. dollar-denominated equity or debt securities of non-U.S. issuers traded in the United States that are not in the S&P 500 Index.
DODBX - Performance
Return Ranking - Trailing
Period | DODBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.3% | -7.5% | 33.1% | 3.35% |
1 Yr | 9.6% | -19.4% | 53.5% | 73.40% |
3 Yr | 5.9%* | -2.4% | 16.5% | 68.38% |
5 Yr | 11.1%* | 0.6% | 20.8% | 19.94% |
10 Yr | 9.5%* | 1.4% | 14.5% | 13.91% |
* Annualized
Return Ranking - Calendar
Period | DODBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.2% | -39.0% | 56.4% | 91.08% |
2019 | 8.9% | -5.8% | 25.7% | 89.22% |
2018 | -12.8% | -52.1% | 0.0% | 64.69% |
2017 | 3.5% | -6.5% | 32.7% | 90.61% |
2016 | 9.5% | -43.7% | 17.8% | 3.37% |
Total Return Ranking - Trailing
Period | DODBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 6.3% | -7.5% | 33.1% | 3.35% |
1 Yr | 9.6% | -19.4% | 53.5% | 63.00% |
3 Yr | 5.9%* | -2.4% | 16.5% | 62.93% |
5 Yr | 11.1%* | 0.6% | 20.8% | 17.90% |
10 Yr | 9.5%* | 1.4% | 14.5% | 12.41% |
* Annualized
Total Return Ranking - Calendar
Period | DODBX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 0.2% | -39.0% | 56.4% | 91.08% |
2019 | 8.9% | -5.8% | 25.7% | 89.22% |
2018 | -4.7% | -47.9% | 0.8% | 17.82% |
2017 | 12.6% | -3.7% | 56.2% | 55.29% |
2016 | 16.6% | -43.7% | 19.8% | 0.71% |
NAV & Total Return History
DODBX - Holdings
Concentration Analysis
DODBX | Category Low | Category High | DODBX % Rank | |
---|---|---|---|---|
Net Assets | 14 B | 462 K | 182 B | 6.47% |
Number of Holdings | 406 | 2 | 14673 | 31.98% |
Net Assets in Top 10 | 3.31 B | 640 K | 32.5 B | 14.62% |
Weighting of Top 10 | 23.33% | 9.6% | 100.0% | 73.13% |
Top 10 Holdings
- Capital One Financial Corp 2.94%
- Charles Schwab Corp 2.75%
- Wells Fargo & Co 2.62%
- Comcast Corp Class A 2.50%
- Comcast Corp Class A 2.50%
- Comcast Corp Class A 2.50%
- Comcast Corp Class A 2.50%
- Comcast Corp Class A 2.50%
- Comcast Corp Class A 2.50%
- Comcast Corp Class A 2.50%
Asset Allocation
Weighting | Return Low | Return High | DODBX % Rank | |
---|---|---|---|---|
Stocks | 68.30% | 0.27% | 138.94% | 8.97% |
Bonds | 27.87% | -1.17% | 106.21% | 77.13% |
Cash | 2.22% | -69.19% | 81.49% | 71.35% |
Preferred Stocks | 1.36% | -0.01% | 25.13% | 7.24% |
Convertible Bonds | 0.25% | 0.00% | 26.69% | 76.70% |
Other | 0.00% | -2.63% | 31.11% | 68.60% |
Stock Sector Breakdown
Weighting | Return Low | Return High | DODBX % Rank | |
---|---|---|---|---|
Financial Services | 28.74% | 0.00% | 100.00% | 1.01% |
Technology | 19.19% | 0.00% | 53.70% | 51.66% |
Healthcare | 16.72% | 0.00% | 46.72% | 6.95% |
Communication Services | 12.62% | 0.00% | 32.52% | 8.10% |
Industrials | 9.32% | 0.00% | 31.51% | 64.11% |
Energy | 8.32% | 0.00% | 90.89% | 5.64% |
Consumer Cyclical | 2.39% | 0.00% | 22.64% | 94.65% |
Basic Materials | 1.46% | 0.00% | 27.38% | 88.28% |
Consumer Defense | 1.23% | 0.00% | 20.65% | 96.67% |
Utilities | 0.00% | 0.00% | 100.00% | 93.92% |
Real Estate | 0.00% | 0.00% | 99.68% | 97.11% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | DODBX % Rank | |
---|---|---|---|---|
US | 62.97% | 0.26% | 137.67% | 7.96% |
Non US | 5.33% | 0.00% | 36.41% | 68.45% |
Bond Sector Breakdown
Weighting | Return Low | Return High | DODBX % Rank | |
---|---|---|---|---|
Corporate | 44.52% | 0.00% | 97.93% | 26.34% |
Securitized | 37.19% | 0.00% | 76.91% | 5.93% |
Government | 9.35% | 0.00% | 99.64% | 89.15% |
Cash & Equivalents | 7.00% | 0.15% | 100.00% | 73.23% |
Municipal | 1.94% | 0.00% | 22.44% | 14.47% |
Derivative | 0.00% | 0.00% | 33.91% | 56.15% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | DODBX % Rank | |
---|---|---|---|---|
US | 22.63% | -1.17% | 55.06% | 77.86% |
Non US | 5.24% | -6.29% | 80.10% | 28.80% |
DODBX - Expenses
Operational Fees
DODBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 0.53% | 0.01% | 4.93% | 72.39% |
Management Fee | 0.50% | 0.00% | 1.75% | 57.14% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | N/A | 0.01% | 0.83% | 50.19% |
Sales Fees
DODBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
DODBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
DODBX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 35.00% | 0.00% | 484.00% | 41.58% |
DODBX - Distributions
Dividend Yield Analysis
DODBX | Category Low | Category High | DODBX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 8.88% | 31.29% |
Dividend Distribution Analysis
DODBX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Quarterly | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
DODBX | Category Low | Category High | DODBX % Rank | |
---|---|---|---|---|
Net Income Ratio | 2.46% | -1.51% | 11.02% | 8.60% |
Capital Gain Distribution Analysis
DODBX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Dividend Payout History
Date | Amount |
---|---|
Sep 26, 2018 | $0.500 |
Jun 27, 2018 | $0.540 |
Sep 27, 2017 | $0.760 |
Jun 28, 2017 | $0.510 |
Sep 28, 2016 | $0.470 |
Jun 28, 2016 | $0.520 |
Sep 28, 2015 | $0.480 |
Jun 26, 2015 | $0.500 |
Sep 26, 2014 | $0.430 |
Jun 26, 2014 | $0.540 |
Sep 26, 2013 | $0.380 |
Jun 26, 2013 | $0.439 |
Mar 27, 2013 | $0.429 |
Dec 20, 2012 | $0.365 |
Sep 26, 2012 | $0.370 |
Jun 27, 2012 | $0.479 |
Mar 28, 2012 | $0.439 |
Dec 21, 2011 | $0.410 |
Sep 28, 2011 | $0.420 |
Jun 28, 2011 | $0.420 |
Mar 29, 2011 | $0.370 |
Dec 22, 2010 | $0.340 |
Sep 28, 2010 | $0.380 |
Jun 28, 2010 | $0.400 |
Mar 29, 2010 | $0.400 |
Dec 22, 2009 | $0.340 |
Sep 28, 2009 | $0.330 |
Jun 26, 2009 | $0.400 |
Mar 27, 2009 | $0.439 |
Dec 23, 2008 | $0.390 |
Sep 29, 2008 | $0.479 |
Jun 27, 2008 | $0.529 |
Mar 28, 2008 | $0.549 |
Dec 31, 2007 | $0.579 |
Sep 28, 2007 | $0.579 |
Jun 29, 2007 | $0.579 |
Mar 30, 2007 | $0.629 |
Dec 29, 2006 | $0.569 |
Sep 29, 2006 | $0.619 |
Jun 30, 2006 | $0.539 |
Mar 31, 2006 | $0.469 |
Dec 30, 2005 | $0.499 |
Sep 30, 2005 | $0.469 |
Jun 30, 2005 | $0.449 |
Mar 31, 2005 | $0.420 |
Dec 31, 2004 | $0.410 |
Sep 30, 2004 | $0.429 |
Jun 30, 2004 | $0.390 |
Dec 31, 2003 | $0.370 |
Sep 30, 2003 | $0.380 |
Jun 30, 2003 | $0.469 |
Mar 31, 2003 | $0.439 |
Dec 31, 2002 | $0.479 |
Sep 30, 2002 | $0.489 |
Jun 28, 2002 | $0.469 |
Mar 28, 2002 | $0.439 |
Dec 31, 2001 | $0.499 |
Sep 28, 2001 | $0.539 |
Jun 29, 2001 | $0.539 |
Mar 30, 2001 | $0.559 |
Dec 29, 2000 | $0.619 |
Sep 29, 2000 | $0.619 |
Jun 30, 2000 | $0.609 |
Mar 31, 2000 | $0.619 |
Dec 30, 1999 | $0.599 |
Sep 30, 1999 | $0.549 |
Jun 30, 1999 | $0.529 |
Mar 30, 1999 | $0.539 |
Dec 31, 1998 | $0.559 |
Sep 30, 1998 | $0.559 |
Jun 30, 1998 | $0.549 |
Mar 27, 1998 | $0.559 |
Dec 31, 1997 | $0.609 |
Sep 30, 1997 | $0.569 |
Jun 30, 1997 | $0.529 |
Mar 31, 1997 | $0.509 |
Dec 20, 1996 | $0.529 |
Sep 20, 1996 | $0.499 |
Jun 20, 1996 | $0.499 |
Sep 20, 1995 | $0.479 |
Jun 20, 1995 | $0.479 |
Mar 20, 1995 | $0.509 |
Sep 20, 1994 | $0.439 |
Jun 20, 1994 | $0.429 |
Mar 18, 1994 | $0.429 |
Dec 20, 1993 | $0.400 |
Sep 20, 1993 | $0.400 |
Jun 18, 1993 | $0.429 |
Mar 19, 1993 | $0.439 |
Sep 18, 1992 | $0.439 |
Jun 19, 1992 | $0.439 |
Mar 20, 1992 | $0.420 |
Dec 20, 1991 | $0.489 |
Sep 20, 1991 | $0.439 |
Jun 20, 1991 | $0.449 |
Mar 20, 1991 | $0.429 |
Sep 20, 1990 | $0.469 |
Jun 20, 1990 | $0.449 |
Mar 20, 1990 | $0.429 |
DODBX - Fund Manager Analysis
Managers
Steven Voorhis
Start Date
Tenure
Tenure Rank
May 01, 2006
14.76
14.8%
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.
Anthony Brekke
Start Date
Tenure
Tenure Rank
May 01, 2008
12.76
12.8%
Mr. Brekke received his B.A. degree from the University of Iowa in 1997 and his M.B.A. degree from the Haas School of Business at the University of California, Berkeley in 2003. Prior to entering the Haas School, he worked for four years as an auditor with the National Futures Association. He joined Dodge & Cox in 2003. Mr. Brekke is a shareholder of the firm and a CFA charterholder.
Adam Rubinson
Start Date
Tenure
Tenure Rank
Feb 15, 2010
10.97
11.0%
Mr. Rubinson received his B.A. degree (summa cum laude) from Columbia College in 1988 and his J.D. degree from the Stanford Law School in 1991. From 1991 to 1997 he practiced corporate law at Sullivan & Cromwell. Prior to joining Dodge & Cox in 2002, he worked in the fixed income and investment banking divisions of Goldman Sachs. Mr. Rubinson is a shareholder of the firm and a CFA charterholder.
Lucy Johns
Start Date
Tenure
Tenure Rank
Mar 30, 2012
8.85
8.9%
Vice President and Associate Director of Fixed Income. Ms. Johns received her B.A. degree (magna cum laude) from Williams College in 1996 and her M.B.A. degree from the University of California, Los Angeles Anderson School of Management in 2004. Prior to graduate school, she worked for approximately two years each at Merrill Lynch as a financial analyst, Dodge & Cox as a research assistant, and NBC Internet as a Senior Product Manager. Ms. Johns rejoined Dodge & Cox in 2004. She is a shareholder of the firm and a CFA charterholder.
Philippe Barret
Start Date
Tenure
Tenure Rank
Feb 28, 2013
7.93
7.9%
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 McCarthy
Start Date
Tenure
Tenure Rank
Jan 31, 2016
5.01
5.0%
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.
Karol Marcin
Start Date
Tenure
Tenure Rank
Jan 31, 2018
3.0
3.0%
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.
Michael Kiedel
Start Date
Tenure
Tenure Rank
Jan 31, 2018
3.0
3.0%
Mr. Kiedel received his B.A. degree (cum laude) from Harvard College in Economics in 1998 and his M.B.A. from the Stanford Graduate School of Business in 2008. Prior to entering graduate school, Mr. Kiedel worked in Deutsche Bank’s technology investment banking group and then as a specialty finance entrepreneur. He joined Dodge & Cox in 2008. Mr. Kiedel is a shareholder of the firm and a CFA charterholder.
Nils Reuter
Start Date
Tenure
Tenure Rank
Jan 31, 2018
3.0
3.0%
Mr. Reuter received B.A. degrees from Brown University in Biology and Sociology in 2001 and his M.B.A. (with honors) from the Haas School of Business at the University of California, Berkeley in 2016. He joined Dodge & Cox in 2003. Mr. Reuter is a shareholder of the firm and CFA charterholder.
Benjamin Garosi
Start Date
Tenure
Tenure Rank
Jan 31, 2019
2.0
2.0%
Benjamin V. Garosi, is Vice President of Dodge & Cox; Research Analyst and member of USEIC (since January 2019). Mr. Garosi received his B.A. degree (Phi Beta Kappa) in Economics from the University of California, Berkeley in 2002 and his M.B.A. degree from the Harvard Business School in 2009. Prior to graduate school, he worked at Blum Capital Partners and Goldman Sachs. Mr. Garosi joined Dodge & Cox in 2009. He is a shareholder of the firm and a CFA charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.05 | 37.11 | 6.06 | 1.08 |