DODGX, OAKMX: 2 Value-Oriented Funds Ready for Today’s Market
A pair of longstanding, actively managed, value-oriented mutual funds, the Dodge & Cox Stock Fund (DODGX) and the Oakmark Fund (OAKMX), look well-positioned for the current market environment. Tech and growth stocks with steeper valuations have sold off sharply this summer, punctuated by the S&P 500 (SPX) and Nasdaq (NDX) each suffering their worst day since 2022 Monday. At the same time, more defensive value stocks trading at more modest multiples are holding their own. This summer’s market rot