Dodge & Cox Income Fund Q1 2025 Shareholder Letter
Source: SeekingAlpha
2025-04-16 08:45:00 ET
Summary
- Uncertainty around the Trump administration’s policies, particularly regarding tariffs, spiked in the first quarter of 2025, contributing to market volatility and raising concerns about economic growth.
- As market pricing shifted over the quarter, we adhered to our disciplined and long-term investment approach.
- The Trump administration's tariff policy rollout in the first weeks of April increased fears of higher inflation and a possible recession, which led to increased market volatility.
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Dodge & Cox Income Fund Q1 2025 Shareholder Letter
Imperial Brands PLC
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