Stock Fund
2011
www.dodgeandcox.com
Annual Report
For Fund literature, transactions, and account information, please visit the Funds’ website.
December 31, 2011
or write or call: D O D G E & CO X F U N D S
c/o Boston Financial Data Services P.O. Box 8422 Boston, Massachusetts 02266-8422 (800) 621-3979 INVESTMENT MANAGER
Dodge & Cox 555 California Street, 40th Floor San Francisco, California 94104 (415) 981-1710
This report is submitted for the general information of the shareholders of the Fund. The report is not authorized for distribution to prospective investors in the Fund unless it is accompanied by a current prospectus. This report reflects our views, opinions, and portfolio holdings as of December 31, 2011, the end of the reporting period. Any such views are subject to change at any time based upon market or other conditions and Dodge & Cox disclaims any responsibility to update such views. These views may not be relied on as investment advice and, because investment decisions for a Dodge & Cox Fund are based on numerous factors, may not be relied on as an indication of trading intent on behalf of any Dodge & Cox Fund. 12/11 SF AR
Printed on recycled paper
Stock Fund ESTABLISHED 1965 TICKER: DODGX