Most TSP funds suffer losses in July
Outside of the "never has a bad day" G Fund, the Thrift Savings Plan saw across the board losses in July. However, year-to-date, each of the funds remains in th...
By Ariel Levin-Waldman
Special to Federal News Radio
Nearly all funds in the Thrift Savings Plan ended in the red for July, though not enough to mar what has been a positive year, according to the latest data from the Federal Retirement Thrift Investment Board, which manages the TSP.
The only fund to escape the downturn was the stable G Fund, invested in treasury securities, which saw 0.19 percent growth over the past month.
The biggest loser was the S Fund, invested in small cap stocks, showing a drop of 4.38 percent. But, 12 month gains for the S Fund are still above 13 percent. All other losses were less than 2 percent for the month.
All funds still show across the board increases year-to-date, partly because of February’s stock market gains.
The C Fund has showed the biggest overall gains in the past 12 months, up more than 17 percent despite July’s 1.37 percent loss.
The L Funds, age-dependent investment portfolios, took some hits across the board in July, but still show gains for the year.
Both charts included in this article are courtesy of the Thrift Savings Plan. Ariel Levin-Waldman is an intern with Federal News Radio.
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