IMBBF - Dodge & Cox Balanced Fund Q2 2024 Shareholder Letter
2024-07-27 09:50:00 ET
Summary
- U.S. equity markets rose in Q2 2024, driven by positive earnings growth and expectations for interest rate cuts.
- Dodge & Cox Fund holds 48.1% in U.S. equities, 14.3% in non-U.S. equities, and 37.7% in fixed income securities plus cash.
- The fund's performance was driven by equity sector allocation and security selection, with fixed income security selection also contributing to relative returns.
Performance [1]
Total Returns (%) Average Annual Total Returns
3 Months |
YTD |
1 Year |
3 Years |
5 Years |
10 Years |
20 Years |
Balanced Fund — Class I |
-0.08 |
4.53 |
12.58 |
4.08 |
8.92 |
7.78 |
7.57 |
Balanced Fund — Class X |
-0.06 |
4.59 |
12.70 |
4.16 |
8.97 |
7.80 |
7.59 |
Combined Index |
2.60 |
8.70 |
15.42 |
4.84 |
9.01 |
8.38 |
7.65 |