Dodge & Cox

Dodge & Cox is an American mutual fund company, founded in 1930 by Van Duyn Dodge and E. Morris Cox, that provides professional investment management services. Dodge and Cox specializes in value investing and has been described as "best known for its conservatively managed funds with solid track records and modest fees." Having been created during the Great Depression, the firm has "a razor sharp focus on capital preservation". Dodge & Cox practices a team-based management strategy and as of 2017, the firm had US$297 billion in assets under management.

Headquartered in San Francisco, California, the company offers six no-load mutual funds: a domestic stock fund, an international stock fund, a balanced fund, an income fund, a global stock fund, and a global bond fund. Their balanced fund, comprising 50-70% large company stocks and the remainder in bonds, was established in 1931 and is one of the oldest US mutual funds still in operation as of February 2019. 

Due to their devotion to the principles of value investing, Dodge & Cox avoided the worst of the dot com bubble during the late 1990s and early 2000 by limiting their exposure to overvalued and then-trendy internet stocks, thereby significantly out-performing the broader market when the bubble collapsed. According to a 2017 Morningstar, Inc. analysis, the firm's low staff turnover and investing principles have been largely beneficial over the long-term but have also led to "bouts of sluggishness or disappointing results".

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Category:Mutual funds of the United States
Category:Financial services companies established in 1930
Category:Companies based in San Francisco
Category:1930 establishments in California