Dodge & Cox Global Bond Fund (DODLX)

Dodge & Cox Global Bond Fund (DODLX) is a new taxable bond mutual fund. This mutual fund invests mainly in international bonds. It uses its assets to purchase securities of non-U.S. issuers and invests at least 80% of its total assets in debt instruments. This fund may use derivatives such as forwards, futures contracts, swap agreements, or options.

The fund normally invests in an array of securities with short, intermediate, and long maturities in varying proportions.

DODLX Fund Profile

• Fund Inception Date: 12/05/2012
• Ticker Symbol: DODLX
• CUSIP: 256206301
• Beta (3yr): -
• Rank in category (YTD): 61%
• Category: World Bond
• Distribution Yield: 1.41%
• Capital Gains: -
• Expense Ratio: 0.60%
• Net Assets: $ 68.30 million
• Number of Years Up: 2 years
• Number of Years Down: 0 year
• Annual Turnover Rate: 36%

This world bond mutual fund is Dodge & Cox investment team. It has $68 million of assets. The expense ratio is 0.60%. There is no sales load. The portfolio turnover rate is only 36%. The current NAV price is $10.29. The current yield is 1.41%.

Dodge & Cox Global Bond Fund Performance

This bond fund has returned -2.14% over the past 1 year. In 2014, it has total return of 1.67%. the past 3 year performance is as follows:

• Year 2015: (YTD): -1.07%
• Year 2014: 1.67%
• Year 2013: 2.59%

Top 5 holdings are Mexico Government bond, US Treasury Note 0.625%, Malaysia Government bond, Svenska Handelsbanken Ab, and Cemex Sab De Cv 144A 7.25%. Top average effective duration is 3.60 years. The average credit quality is BBB.

Goods & Bads of Dodge & Cox Fund

Pros:

• The Dodge & Cox Global Bond Fund is managed by popular fund manager.
• There is no sales load.

Cons:

• Performance is rather average for the past 1 year.

More:

• Dodge & Cox Income Fund (DODIX)
• Dodge & Cox International Stock Fund (DODFX)