Dodge & Cox Balanced (DODBX - Free Report) a Zacks Rank #1 (Strong Buy) seeks regular income, conservation of principal and an opportunity for long-term growth of principal and income. DODBX invests in a diversified portfolio of common stocks, preferred stocks and fixed-income securities. DODBX invests in companies that, in the advisors opinion, appear to be temporarily undervalued by the stock market but have a favorable outlook for long-term growth. DODBX may invest more than 75% of its total assets in stocks. DODBX was incepted in June 1931 and is managed by Dodge & Cox.
Dodge & Cox Balanced, managed by Dodge & Cox, carries an expense ratio of 0.53%. Moreover, DODBX requires a minimal initial investment of $2,500.
DODBX’s performance, as of the last filing, when compared to funds in its category was in the top 2% in 1 year, top 6% over the past 3 years, and in the 1% over the past 5 years.
This fund, as of the last filing, allocates their fund in four major groups; Large Value, Large Growth, Small Growth and Foreign Stock. Further, as of the last filing, Wells Fargo, Capital One Financial and Bank of America were the top holdings for DODBX.
DODBX has a history of positive total returns for over 10 years. Specifically, the fund’s returns over the 1, 3 and 5 year benchmarks; 1 year 6.31%, 3 year 6.48% and 5 year 11.68%. To see how this fund performed compared in its category and other #1 and #2 Ranked Mutual Funds, please click here.
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