DODWX Fees and Costs — Dodge & Cox Global Stock Fund, Class I
Data updated: 2026-08-28
The net expense ratio is 0.62%: a 0.60% management fee plus 0.02% other expenses. There are no sales loads or redemption fees. In fiscal 2025 the fund paid $3.0M in broker commissions, 0.0249% of average net assets, and portfolio turnover was 26%.
DODWX Fees and Expenses
Annual operating expenses and sales charges of DODWX. Prospectus, as of December 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.60% |
| 12b-1 fee | 0.00% |
| Other expenses | 0.02% |
| Gross expense ratio | 0.62% |
| Fee waiver | — |
| Net expense ratio | 0.62% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
DODWX Costs Over Time
On $10,000 invested in DODWX, assuming 5% a year before costs, total costs come to $406 over 5 years, cutting the return by 0.68% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.62%) | $65 | $204 | $355 |
| Trading costs (broker commissions) | $3 | $8 | $14 |
| Lost growth on money paid in costs | $0 | $10 | $37 |
| Total costs | $68 | $223 | $406 |
| Value after costs | $10,432 | $11,354 | $12,357 |
| Impact on return, per year | 0.68% | 0.68% | 0.68% |
DODWX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending December 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): 0.0249%
- Total broker commissions: $3.0M
- Bought from dealers (principal trades, not a cost): $50.6B
- Portfolio turnover (prospectus): 26%
- Securities lending: none during the year
DODWX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $636K | 25.52% |
| Citigroup Global Markets, Inc. | $278K | 11.16% |
| Morgan Stanley & Co. LLC | $242K | 9.70% |
| Jefferies LLC | $225K | 9.03% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $208K | 8.34% |
| Virtu Americas LLC | $199K | 7.97% |
| Sanford C. Bernstein & Co., LLC | $193K | 7.74% |
| Barclays Capital, Inc. | $178K | 7.16% |
| UBS Securities LLC | $171K | 6.86% |
| Goldman Sachs & Co. LLC | $163K | 6.52% |
DODWX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Bank And Trust Company | $45.5B | 89.84% |
| Standard Chartered Securities North America LLC | $3.5B | 6.95% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $1.6B | 3.07% |
| RBC Capital Markets, LLC | $54.0M | 0.11% |
| Morgan Stanley & Co. LLC | $17.8M | 0.04% |
Dodge & Cox Global Stock Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| DOXWX | Class X | 0.52% | none |
| DODWX | Class I | 0.62% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.