One of the more pleasant side effects of recent market turbulence is that it has triggered the reopening of several outstanding no-load funds that have long been closed. Add Dodge & Cox Stock (symbol DODGX) and Dodge & Cox Balanced (DODBX), both closed since 2004, to the list of recently reopened funds.
Like their sister funds, Dodge & Cox International and Dodge & Cox Income (both members of the Kiplinger 25), Stock and Balanced are managed by investment committees at San Francisco-based Dodge & Cox. All four funds are sticklers for buying securities at the right price and tend to hold them for long periods. Stock, one of the 20 largest stock funds, typically holds securities for seven years or longer.
Like many value-oriented funds, Stock lagged Standard & Poor's 500-stock index over the past year. But the fund's long-term record is out-standing. Over the past ten years to February 11, it returned an annualized 11%, an average of six percentage points per year ahead of the S&P 500. At last report, 20% of the fund's $59 billion in assets was in foreign stocks, including Sanofi-Aventis, Sony and Matsushita Electric.
From just $107.88 $24.99 for Kiplinger Personal Finance
Become a smarter, better informed investor. Subscribe from just $107.88 $24.99, plus get up to 4 Special Issues
Sign up for Kiplinger’s Free Newsletters
Profit and prosper with the best of expert advice on investing, taxes, retirement, personal finance and more - straight to your e-mail.
Profit and prosper with the best of expert advice - straight to your e-mail.
Balanced, which dates from 1931, has about two-thirds of its assets in stocks (the same as those in the Stock fund) and a third in high-grade bonds and cash. It gained 10% annualized over the past ten years. Stock and Balanced both charge modest annual fees of 0.52% and require $2,500 to start.
-
Quiz: How Much Do You Know About Taxes on Social Security Benefits?Quiz Social Security benefits often come with confusing IRS tax rules that can trip up financially savvy retirees and near-retirees.
-
Are You Ready for 65? The Medicare Initial Enrollment Period QuizQuiz Turning 65 soon? Test your basic knowledge of Medicare's Initial Enrollment Period (IEP) rules in our quick quiz.
-
3 Ways to Stretch the 2026 Social Security COLA For Your BudgetThree steps retirees can take to stretch the Social Security COLA to fit their budgets.
-
Best Banks for High-Net-Worth Clientswealth management These banks welcome customers who keep high balances in deposit and investment accounts, showering them with fee breaks and access to financial-planning services.
-
Stock Market Holidays in 2025: NYSE, NASDAQ and Wall Street HolidaysMarkets When are the stock market holidays? Here, we look at which days the NYSE, Nasdaq and bond markets are off in 2025.
-
Stock Market Trading Hours: What Time Is the Stock Market Open Today?Markets When does the market open? While the stock market has regular hours, trading doesn't necessarily stop when the major exchanges close.
-
Bogleheads Stay the CourseBears and market volatility don’t scare these die-hard Vanguard investors.
-
The Current I-Bond Rate Is Mildly Attractive. Here's Why.Investing for Income The current I-bond rate is active until April 2026 and presents an attractive value, if not as attractive as in the recent past.
-
What Are I-Bonds? Inflation Made Them Popular. What Now?savings bonds Inflation has made Series I savings bonds, known as I-bonds, enormously popular with risk-averse investors. How do they work?
-
This New Sustainable ETF’s Pitch? Give Back Profits.investing Newday’s ETF partners with UNICEF and other groups.
-
As the Market Falls, New Retirees Need a Planretirement If you’re in the early stages of your retirement, you’re likely in a rough spot watching your portfolio shrink. We have some strategies to make the best of things.
