Shareholders paid in whole or in part in securities will receive a basket of securities that corresponds generally pro rata to the Fund’s portfolio holdings. From time to time, the Dodge & Cox Stock Fund may also effect redemptions in kind with a basket of securities (a “Redemption Basket”). The following table lists the securities that currently comprise the Stock Fund Redemption Basket:
Dodge & Cox Stock Fund
Redemption Basket
As of January 12, 2021
Security |
Approximate Weight |
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|
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Alphabet, Inc., Class C | 15% | |  | Charles Schwab Corp. | 12% | |  | Charter Communications, Inc., Class A | 15% | |  | Comcast Corp., Class A | 15% | |  | Microsoft Corp. | 15% | |  | TE Connectivity, Ltd. | 13% | |  | UnitedHealth Group, Inc. | 15% | |
Note: Dodge & Cox may in its discretion omit a security from or adjust the weighting of a security listed in the Redemption Basket when processing a redemption in kind for reasons including, but not limited to, changes in portfolio holdings, investment decisions, the possession of potentially material non-public information about a security, corporate actions, the need to apply fair value pricing to a security, or in other circumstances when Dodge & Cox deems it appropriate and in the best interest of the Fund.
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