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Dodge & Cox's Playbook through a Rough 2008

Dodge & Cox Income's Dana Emery on the fund's underperformance in 2008 and the outlook for fixed income investors.


Dan Culloton: Dana, your firm just went through a very unique period and the Income Fund went through a unique period where it underperformed its benchmark by a significant amount in 2008, and now it's outperforming by a significant [margin].

What were the unique challenges that you and your firm have faced in this period?

Dan Culloton does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.