Dodge & Cox Fund, an investment management company, released its “Dodge and Cox Stock Fund” second quarter 2025 investor letter. The Stock Fund — Class I – returned 3.82% and Class X returned 3.85% in the second quarter vs the S&P 500 Index’s 10.9% return and the Russell 1000 Value Index’s 3.79% return. In the second quarter, geopolitical uncertainty and rapidly changing economic proposals led to increased volatility in the US markets. In addition, please check the fund’s top five holdings to know its best picks in 2025.
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