Dodge & Cox Funds Statutoary Prospectus dated May 1, 2013

INVESTMENT INFORMATION AND SHAREHOLDER SERVICESSTATEMENTS AND REPORTSConfirmation StatementAccount StatementFund Financial ReportsTax StatementsAs a shareholder of the Fund you will receive the following statements and reports:Sent each time you buy, sell, or exchange shares; confirms the trade date and the amount ofyour transaction, except purchases through the Automatic Investment Plan and dividendand capital gain distributions, which will be confirmed only on your account statement.Mailed quarterly; shows the market value of your account at the close of the statementperiod, as well as distributions, purchases, sales, and exchanges for the current calendaryear. You should contact Client Services immediately regarding any errors or discrepancieson the statement confirming your transaction(s). The statement will be deemed correct ifwe do not hear from you within 90 days.Mailed in February and August.Generally mailed by mid-February; reports previous year’s dividend distributions, proceedsfrom the sale of shares, and distributions from IRAs.The Funds offer you the following services: (call ClientServices at 800-621-3979, write, or visit the Funds’website at www.dodgeandcox.com for forms andadditional information.)Electronic Delivery of Reports and Prospectus YourFund reports and the Funds’ prospectus can be deliveredto you electronically, if you prefer. If you are a registereduser of www.dodgeandcox.com, you can consent to theelectronic delivery of Fund reports by logging on andchanging your preferences. You can revoke your electronicconsent at any time, and we will send paper copies ofFund reports within 30 days of receiving your notice.Web Access Information on the Funds is available atwww.dodgeandcox.com.On the site you can:▪ Open a new account;▪ View your account balances and recent transactions;▪ View or download your account statements,confirmation statements, and tax forms;▪ Purchase, redeem, and exchange Fund shares;▪ Learn more about Dodge & Cox’s approachto investing;▪ Review the objectives, strategies, characteristics, andrisks of the Funds;▪ Review the Funds’ daily NAVs and performance;▪ Download or order the Funds’ prospectus and AccountApplications, shareholder reports, IRA information,and other forms; and▪ Sign up for electronic delivery of the Funds’ prospectus,shareholder reports, proxy materials, account statements,and tax forms.Telephone Services The Funds provide toll-freeaccess (800-621-3979) to Fund and account information24 hours a day, 7 days a week. The system provides totalreturns, share prices, and price changes for the Funds andgives you account balances and history (e.g., lasttransaction, latest dividend distribution). For certainaccount types, you can purchase, redeem, and exchangeFund shares.Automatic Investment Plan You may make regularmonthly, quarterly, semi-annual, or annual investments of$100 or more through automatic deductions from yourbank account.Systematic Withdrawal Plan If you own $10,000or more of a Fund’s shares, you may receive regularmonthly, quarterly, semi-annual, or annual payments of$50 or more. Shares will be redeemed automatically atNAV to make the withdrawal payments.Individual Retirement Account (IRA) If you haveearned income or are entitled to certain distributions fromeligible retirement plans, you may make or authorizecontributions to your own Individual RetirementAccount. The Funds have traditional IRA and Roth IRAPlans available for shareholders of the Funds.PAGE 60 ▪ D ODGE & C OX F UNDS