TSP performance mixed in March

With gains on Wall Street hitting some headwinds in March, the performance of funds in the Thrift Savings Plan last month lagged behind February’s advances.

Three of the TSP’s five regular funds ended the month in negative territory. The S Fund, the index of small companies not included in the S&P 500, fell 0.69 percent last month. The I Fund, tracked to the performance of international stocks was down 0.57 percent and the F Fund, tracked to the bond market, was down 0.15 percent.

The C Fund, designed to track the performance of the S&P 500, remained in the black, gaining 0.85 percent.

In February, all TSP funds finished the month with across-the-board gains thanks to a strong month on Wall Street after a weak January.

That helped boost total assets invested in the TSP to reach the highest level in the plan’s history — more than $400 billion.

So far in 2014, Wall Street has share of choppy trading.

“If 2013 was a year where the stock market went straight up, 2014 has started off as a year where the stock market moves sideways,” the Associated Press reported.

Wayne Wilbanks, chief investment officer at Wilbanks, Smith, Thomas told the AP he thinks the bull market “is starting to show signs of fatigue,.”

Thrift Savings Plan March 2014 returns

Fund March Year-to-Date Last 12 Months
G Fund 0.19% 0.58% 2.09%
F Fund -0.15% 2.06% 0.33%
C Fund 0.85% 1.83% 21.93%
S Fund -0.69% 2.70% 25.64%
I Fund -0.57% 0.75% 17.94%
L Income 0.19% 0.92% 5.72%
L 2020 0.17% 1.29% 11.93%
L 2030 0.14% 1.48% 14.73%
L 2040 0.12% 1.62% 16.78%
L 2050 0.09% 1.70% 18.76%


TSP assets top $400B for first time; L Fund revamp continues

Strong stock market boosts TSP returns in February

US stocks close out a meager first-quarter gain

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