Dodge & Balanced is managed by a capable and experienced team that continues to evolve this strategy’s investment approach to better investor outcomes. The strategy is guided by the Dodge & Cox Fund Investment Committee, which was created in May 2022 and brings together senior equity, fixed-income, and quantitative investors, all of whom invest more than USD 1 million in the fund. That alignment strengthens shareholder interests, while the committee benefits from broad input through bottom-up equity research, credit analysis, and quantitative oversight. Still, most security-selection and risk-sizing decisions remain largely within the underlying equity and fixed-income sleeves, limiting the committee's role as a truly integrated multi-asset allocator.
Dodge & Cox Balanced Fund Class I DODBX
- NAV / 1-Day Return 13.80 / +0.51 %
- Total Assets 14.8B
-
Adj. Expense Ratio
0.520%
- Expense Ratio 0.510%
- Distribution Fee Level Below Average
- Share Class Type No Load
- Category Moderate Allocation
- Investment Style Large Value
- Credit Quality / Interest Rate Sensitivity Medium/Moderate
- Status Open
- TTM Yield 2.37%
- Turnover 30%
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:11 AM GMT+0
Morningstar’s Analysis DODBX
Will DODBX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the DODBX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of DODBX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 15.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Charles Schwab Corp | 2.16 | 314M | Financial Services |
Occidental Petroleum Corp | 1.74 | 253M | Energy |
CVS Health Corp | 1.73 | 252M | Healthcare |
GSK PLC ADR | 1.61 | 234M | Healthcare |
Dodge & Cox Emerging Markets Stock | 1.57 | 228M | — |
Taiwan Semiconductor Manufacturing Co Ltd | 1.57 | 228M | Technology |
RTX Corp | 1.50 | 218M | Industrials |
Alphabet Inc Class C | 1.32 | 192M | Communication Services |
Microsoft Corp | 1.21 | 176M | Technology |
United States Treasury Notes | 1.21 | 175M | Government |