Dodge & Cox Emerging Markets Stock Fund
DODEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Dana Emery
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- San Francisco, CA 94104 San Francisco CA United States of America 94104
- IPO Date
- May 11, 2021
- CIK
- 0000029440
- Website
- dodgeandcox.com
- Similar Companies
- Business
- Dodge & Cox Emerging Markets Stock Fund (DODEX) is an actively managed mutual fund that seeks long-term growth of principal and income by investing primarily in a diversified portfolio of emerging markets equity securities issued by small-, mid-, and large-cap companies from emerging and frontier market countries, including those with significant economic exposure to such regions. The fund employs a team-based investment approach through its dedicated Emerging Markets Investment Committee, which evaluates analyst recommendations on individual securities based on bottom-up fundamental analysis weighing financial strength, competitive advantages, management quality, financially material ESG factors, and valuations relative to long-term growth prospects; it typically holds 40 to 80 positions across at least three countries, with annual distributions of dividends and capital gains in December. Managed by Dodge & Cox, an independently owned investment firm founded in 1930 and headquartered at 555 California Street, 40th Floor, San Francisco, California, the fund targets institutional and individual investors seeking exposure to undervalued emerging market equities without load fees, featuring a 0.70% expense ratio, low turnover around 22%, and assets under management of approximately $337 million as of recent data. Dodge & Cox offers the fund as part of its focused lineup of value-oriented mutual funds, including U.S. Stock, International Stock, Global Stock, Balanced, Income, and Global Bond Funds, all pursuing similar disciplined, long-term strategies. In recent developments, Morningstar upgraded the fund's Process Pillar rating to Above Average from Average in May 2025, elevating its overall Medalist Rating to Silver from Bronze due to increased conviction in the team's effective blend of qualitative and quantitative techniques. The firm underwent a generational leadership transition effective January 2025, with Phil Barret joining the Emerging Markets Stock Investment Committee to replace Mario DiPrisco, who departed at the end of 2024, ensuring continuity through its deep bench of long-tenured professionals averaging 18 years at the firm. Dodge & Cox also opened a Shanghai investment office in 2021 to enhance direct access to Chinese companies, bolstering the fund's significant allocations to Greater China amid portfolio adjustments like new positions in TSMC, Coupang, Walmex, and DiDi Global, alongside trims in Alibaba and Prosus, as detailed in its 2025 semi-annual equity review.