Release Date: 03-31-2015
Dodge
& Cox Balanced DODBX
....................................................................................................................................................................................................................................................................................................................................................
Benchmark
Overall Morningstar Rating™
Morningstar Return
Morningstar Risk
Morningstar Moderately
Aggr Target Risk
QQQQ
High
High
Out of 787 Moderate Allocation Investments. A fund's overall Morningstar Rating, based on its risk-adjusted
return, is a weighted average of its applicable 3-, 5-, and 10-year Ratings. See disclosure for details.
Investment Information
Performance as of 03-31-15
Investment Objective & Strategy from investment’s prospectus
20
The investment seeks regular income, conservation of
principal, and an opportunity for long-term growth of
principal and income.
The fund invests in a diversified portfolio of equity
securities and debt securities. It primarily invests in
companies that, in Dodge & Cox's opinion, appear to be
temporarily undervalued by the stock market and have a
favorable outlook for long-term growth. The fund may invest
up to 20% of its total assets in U.S. dollar-denominated
securities of non-U.S. issuers traded in the United States
that are not in the S&P 500.
15
Fees and Expenses as of 12-31-14
Prospectus Gross Expense Ratio
Total Annual Operating Exp per $1000
Maximum Sales Charge
12b-1 Fee
Redemption Fee/Term
0.53%
$5.30
.
.
.
Portfolio Manager(s)
John A. Gunn, CIC. M.B.A., Stanford University, 1972. B.A.,
Stanford University, 1966.
Dana M. Emery, CIC (1987). B.A., Stanford University, 1983.
5
0
-5
-10
YTD
1 Year
3 Year
5 Year
10 Year
The performance data quoted reflects past performance. Past performance does not guarantee future results. The
investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be
worth more or less than their original cost. Current performance may be lower than the performance data quoted. For the
most recent month end performance information, please call 1-800-922-9945, or visit rps.troweprice.com.
Portfolio Analysis
% Assets
Morningstar Style Box™
Equity (as of 12-31-14)
Category
Low
High
Med
Moderate
High
Value Blend Growth
Investment
Fixed Income (as of 12-31-14)
Small
58.8
6.8
30.2
3.4
0.8
Large Mid
U.S. Stocks
Non-U.S. Stocks
Bonds
Cash
Other
Category Description: Moderate Allocation
Low
Since Inception
-0.26
6.00
14.16
11.51
6.73
9.91
Investment Return %
1.81
4.80
10.06
9.72
7.33
.
Benchmark Return %
1.81
6.19
9.45
8.97
6.26
8.33
Category Average %
................................................................................................................................................................................................................
.
. QQQQQ QQQQQ
.
Morningstar Rating™
QQQ
.
.
787
697
444
.
# of Funds in Category
06-26-31
Dodge & Cox
800-621-3979
www.dodgeandcox.com
Dodge & Cox
Volatility and Risk
Average annual, if greater
than 1 year
-15
Operations and Management
Moderate-allocation portfolios seek to provide both capital
appreciation and income by investing in three major areas:
stocks, bonds, and cash. These portfolios tend to hold larger
positions in stocks than conservative-allocation portfolios.
These portfolios typically have 50% to 70% of assets in
equities and the remainder in fixed income and cash.
Investment
Benchmark
10
Composition as of 12-31-14
Fund Inception Date
Management Company
Telephone
Web Site
Issuer
Total Return%
as of 03-31-15
Ltd
Mod
Ext
% Fund
Morningstar Equity Super Sectors as of 12-31-14
Top 10 Holdings as of 12-31-14
% Assets
Hewlett-Packard Co
Wells Fargo & Co
Capital One Financial Corp
Microsoft Corp
Novartis AG ADR
2.84
2.73
2.71
2.55
2.21
Cyclical
33.38
Sensitive
45.94
Defensive
20.67
...........................................................................................................
Morningstar F-I Sectors as of 12-31-14
% Fund % Category
Time Warner Inc
Time Warner Cable Inc
Charles Schwab Corp
Bank of America Corporation
Bank of New York Mellon Corp
2.11
2.00
1.96
1.93
1.91
8.61
43.82
34.31
3.28
9.98
0.00
Best 3 Month Return
Worst 3 Month Return
...........................................................................................................
25.64%
(Mar '09 - May '09)
-29.21%
(Sep '08 - Nov '08)
Total Number of Stock Holdings
Total Number of Bond Holdings
Turnover Ratio %
Total Assets ($mil)
Principal Risks
Government
Corporate
Securitized
Municipal
Cash & Equivalents
Other
65
330
23.00
15,579.55
For more information on the risks presented, please refer to http://rps.troweprice.com/riskglossary
Credit and Counterparty, Prepayment (Call), Foreign Securities, Loss of Money, Not FDIC Insured, Issuer, Interest Rate,
Market/Market Volatility, Equity Securities, High-Yield Securities, Restricted/Illiquid Securities, Derivatives, Leverage,
Sovereign Debt, Management
©2015 Morningstar, Inc., Morningstar Investment Profiles™ 312-696-6000. All rights reserved. The information contained herein: (1) is proprietary to
Morningstar and/or its content providers; (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar
nor its content providers are responsible for any damages or losses arising from any use of information. Past performance is no guarantee of future
performance. Visit our investment website at www.morningstar.com.
24.05
35.07
17.65
1.51
19.19
2.54