Investors make slight shifts to higher-risk TSP funds

Tom Trabucco, director of external affairs, Federal Retirement Thrift Investment Board

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Feds are making small shifts to higher-risk Thrift Savings Funds, according to the latest statistics from Tuesday’s Federal Retirement Thrift Investment Board meeting. (Scroll down for meeting minutes and stats.)

TSP returns are “performing up to snuff,” said Tom Trabucco, director of external affairs at the FTIB, in an interview with the DorobekINSIDER.

The funds are at their largest ever at $270 billion.

“That is an all-time high,” Trabucco said.

This high has to do with increased returns and a boost in enrollment from the automatic enrollment.

Most of the fund movement is out of the “safe” G fund into high-risk funds, Trabucco said. From August to October, the percentage of people invested in the G Fund decreased from 46 percent to 43 percent, moving into the high-reward stocks and bond funds, Trabucco said.

“You find that it’s not unusual after you have a couple of good months of returns,” Trabucco said.

The number of investors in the L-2010 Fund decreased by 10,000 last month and moved to the L-2020 fund.

These investors want to “stretch their time horizon a little more” and are “willing to take a risk,” Trabucco said.

OCT 2010 Board Minutes

10.2010 TSP statistics http://www.scribd.com/doc/42789891/OCT-2010-TSP-Statistics

OCT 2010 TSP Statistics

OCT 2010 Investment Performance Review http://www.scribd.com/doc/42790128/OCT-2010-Investment-Performance-Review

OCT 2010 Investment Performance Review

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THRIFT SAVINGS PLAN TICKER

May 06, 2021 Close Change YTD*
L Income 22.8385 0.0331 2.39%
L 2025 11.7139 0.0334 4.76%
L 2030 41.2023 0.1495 6.01%
L 2035 12.3580 0.0488 6.56%
L 2040 46.7057 0.1986 7.12%
L 2045 12.7816 0.0573 7.60%
L 2050 27.9727 0.1326 8.10%
L 2055 13.6990 0.0775 10.05%
L 2060 13.6990 0.0776 10.05%
L 2065 13.6988 0.0775 10.05%
G Fund 16.5786 0.0007 0.40%
F Fund 20.7162 0.0122 -2.55%
C Fund 62.8430 0.5184 11.83%
S Fund 81.0899 -0.4804 12.34%
I Fund 38.2614 0.2691 6.73%
Closing price updated at approx 6pm ET each business day. More at tsp.gov
* YTD data is updated on the last day of the month.