TSP takes a tumble in June

It’s starting out to be a cruel summer for the Thrift Savings Plan.

After a roaring stock market boosted gains throughout the spring, every TSP fund — with the exception of the ever-reliable government-securities G Fund — finished last month in negative territory, according to new data from the Federal Retirement Thrift Investment Board.

Returns for the I Fund, tracked to international stocks, were down 2.77 percent — the second month in a row the fund posted in the red. The F Fund, tracked to the bond market, also continued a downward trend, falling 1.53 percent in June.

The C Fund — designed to match the performance of the S&P 500 — fell by 1.34 percent, and the S Fund — a mix of small-cap companies not included in the larger index — fell by slightly less than 1 percent.

It’s the first time since October that the C or the S Fund have posted in negative territory.

All the target-date Lifecycle Funds dropped last month as well.

However, the “brutal June” as CNN Money characterized the stock market last month was not enough to erase the gains made by TSP funds so far this year.

Only the F Fund is in negative territory for the year, according to the data — down 2.28 percent for the year and by 0.48 percent over the past 12 months.

Year-to-date, the C Fund is up 13.83 percent; the I Fund has gained 3.51 percent; and the S Fund is up by 15.75 percent.

Thrift Savings Plan June 2013 returns

Fund June Year-to-Date Last 12 Months
G Fund 0.14% 0.76% 1.44%
F Fund -1.53% -2.28% -0.48%
C Fund -1.34% 13.83% 20.58%
S Fund -0.99% 15.75% 25.66%
I Fund -2.77% 3.51% 18.91%
L Income -0.30% 2.68% 5.09%
L 2020 -0.94% 6.00% 11.66%
L 2030 -1.20% 7.46% 14.42%
L 2040 -1.40% 8.55% 16.49%
L 2050 -1.59% 9.50% 18.51%


TSP gains lag in May

All TSP funds continue positive trend in April

Boosted by strong market, TSP funds make gains in March

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