Dodge & Cox Global Stock Fund

Dodge & Cox Funds · Series S000022057 · 2 share classes

Equity fund · 98% stocks
One fund, 2 share classes:DODWXDOXWX
$12.01B NAV
103 positions · as of 2026-03-31 · filed 2026-06-01
data updated 2026-08-10

Fund profile

As filed in the prospectus · 2026 Q2

The Fund seeks long-term growth of principal and income.

Strategy · summarised

The fund invests in a diversified global portfolio of medium-to-large companies selected for appearing undervalued relative to their long-term profit growth prospects, with at least 40% of assets in non-U.S. securities and at least 80% in equities. The manager evaluates companies on valuation, financial strength, earnings and cash flow potential, competitive position, management quality, and material environmental, social, and governance factors, alongside the political and economic stability of their home countries. Because security selection depends on the manager's assessment of undervaluation and growth outlook, fund returns will diverge from any benchmark index.

Expenses
0.52% 0.62%across 2 share classes
Share classGrossNet
DODWX0.62%0.62%
DOXWX0.57%0.52%

Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.

Portfolio turnover 26.00% · as of 2026 Q2

Allocation

Asset groups · long / short shown separately, never netted · 2026 Q1

99.88%
of net assets
Stocks98.05%
Cash & short-term1.73%
Derivatives0.11%

Derivatives are shown at market value, not notional exposure.

Latest quarter

What changed since the fund's previous filing

vs 2025Q4: 11 new10 exited

Largest new: SUNB, Roche Holding AG, Reckitt Benckiser Group PLC, ROP, London Stock Exchange Group PLC, Novo Nordisk A/S, DSM-Firmenich AG, VSNT

Largest exited: Ashtead Group PLC, Sanofi SA, Roche Holding AG, Reckitt Benckiser Group PLC, Canadian Treasury Bill, IEX, IndusInd Bank, Ltd.

Return profile

Chart:

Total return as filed — price change plus distributions reinvested · trailing figures to Feb 2026

Share class1-year3-year5-yearVolWorst fall
Cumulative return· Apr 2023 – Feb 2026

Mar 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.

Holdings

By % of NAV · equity positions carry filed share counts · every resolvable issuer links to its company page

Issuer%NAVValue
Taiwan Semiconductor Manufacturing Co., Ltd.4.06%$487.24M
Alphabet, Inc.GOOG3.40%$408.68M
RTX Corp.RTX3.15%$378.76M
The Charles Schwab Corp.SCHW2.63%$315.76M
GSK PLCGLAXF2.55%$305.79M
Bayer AG1.88%$226.04M
Regeneron Pharmaceuticals, Inc.REGN1.81%$217.54M
Booking Holdings, Inc.BKNG1.78%$213.88M
Microsoft Corp.MSFT1.78%$213.29M
AIA Group, Ltd.AAIGF1.73%$207.46M
Showing 10 of 103Sign in to see more

Top 10 positions are 24.78% of net assets, top 25 47.36%, across 97 issuers.

See more of this fund's book

More positions with filed share counts, and the quarter-over-quarter change list rather than the largest few — free with an account, no card required.

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