All TSP funds, except for the I fund, posted positive results for the month of October, according to the Federal Retirement Thrift Investment Board.
By Jory Heckman
Federal News Radio
After taking a slight dip in September, funds in the Thrift Savings Plan made a turnaround in October.
The Federal Retirement Thrift Investment Board reported all funds, except for the I fund, have returned in the black for October.
The S fund, which invests in small cap stocks, ended the month with the highest gain at 4.11 percent, bringing it to 5.34 percent for the year and 11.14 percent over the past 12 months.
The C fund, or Common Stock Index Investment Fund, rose back into the positive at 2.45 percent. It remains the highest year-to-date fund at 11.06 percent and 17.36 for 12 months.
The G fund, comprised of government securities, posted the most modest gains at 0.20 percent. In the year-to-date, it remains in the positive at 1.95 percent, and 2.33 over the last 12 months.
Investing in bonds, the F fund is up to 0.96 percent in October. To date, the F fund this year is at 5.73 percent and 4.77 percent for the past 12 months.
The only fund to remain in the negative, the I fund, rose to -0.63 percent in October, staying in the negative at -1.69 percent in the year-to-date. It returns to the positive at 0.54 percent for the past 12 months.
All lifecycle funds, in which employees choose varying combinations of TSP domestic funds targeted to specific dates, posted positive results for October.
The L 2050 Fund, weighted toward more aggressive stock funds, reported a rise to 1.7 percent in the last month.
RELATED STORIES:
TSP funds dip into the negative in September
Investment king tells TSP Board: Feds are in good shape for retirement
How’s your TSP? Compared to what?
Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.