Some TSP funds dip into the negative after November rebound

After a month of growth for all Thrift Savings Plan funds, December saw some federal retirement accounts dipping into the negative.

By Ginger Whitaker
Federal News Radio

After a month of growth for all Thrift Savings Plan funds, December saw some federal retirement accounts dipping into the negative.

Two of the domestic funds reported negative numbers for December, according to the Federal Retirement Thrift Investment Board. The lifecycle funds also saw a drop.

Thrift Savings Plan December 2014 Returns
Fund December Year-to-Date Last 12 Months
G Fund 0.18% 2.31% 2.31%
F Fund 0.21% 6.73% 6.73%
C Fund -0.24% 13.78% 13.78%
S Fund 0.99% 7.80% 7.80%
I Fund -4.13% -5.27% -5.27%
L Income -0.04% 3.77% 3.77%
L 2020 -0.50% 5.06% 5.06%
L 2030 -0.67% 5.74% 5.74%
L 2040 -0.76% 6.22% 6.22%
L 2050 -0.94% 6.37% 6.37%

The S Fund, which is invested in small cap stocks, posted the largest gain for the month with 0.99 percent. That bought it to 7.80 percent for the overall year.

Investing in bonds, the F Fund was up 0.21 percent for December, and 6.73 percent for the year.

The conservative G Fund, which is made up of government securities, also saw slight growth in December, up 0.18 percent and ended at 2.31 percent for the year.

The remaining domestic funds posted negative numbers for the month.

The largest December drop came from the I Fund, which is invested in international stock. It fell 4.13 percent and ended the year in the negative, down 5.27 percent. The I Fund was the only fund to close out the year with negative numbers.

The C Fund, or Common Stock Index Investment Fund, also took a hit, down 0.24 percent in December. It ended 2014, however, with the highest gains over every fund at 13.78 percent.

All lifecycle funds, in which employees choose varying combinations of TSP domestic funds targeted to specific dates, posted negative results for December. The L 2050 fund, weighted toward more aggressive stock funds, dropped 0.94 percent in December. Still, all lifecycle funds finished the year with overall gains.

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