objectives
The Fund seeks a high rate of total return consistent with long-term preservation of capital.
Strategy
The Fund invests in bonds and other debt instruments of issuers from at least three different countries,
which may include emerging market countries. The Fund is not required to allocate its investments in set percentages to particular countries and may invest in emerging markets without limit. Under normal circumstances, the Fund invests
at least 40% of its total assets in securities of non-U.S. issuers and at least 80% of its total assets in debt instruments, which may, in each case, be represented by derivatives such as forward contracts, futures contracts, swap agreements, or options contracts. Debt instruments in which the Fund may invest include, but are not limited to, government and government-related obligations, mortgage- and asset-backed securities, corporate and municipal bonds, and other debt securities, and may include fixed and floating rate instruments. The Fund invests in both U.S. dollar-denominated and non-U.S. currency-denominated debt instruments.
The proportions of the Fund’s assets held in various debt instruments will be revised in light of Dodge & Cox’s appraisal of the global economy, the relative yields of securities in the various market sectors and countries, the potential for a currency’s appreciation, the investment prospects for issuers, the countries’ domestic and political conditions, and other factors. In selecting securities, Dodge & Cox considers many factors, including, without limitation, yield, structure, covenants, credit quality, liquidity, call risk, duration, and capital appreciation
potential.
|
| Minimum Initial Investment |
$2,500 |
| Minimum Initial IRA Investment |
$1,000 |
| Minimum Subsequent Investment |
$100 |
| Distributions |
Dividends are distributed in March, June, September and December; capital gains, if any, are distributed in December and March. |
