February marks the fourth month in a row that the Thrift Savings Plan posted negative numbers in nearly all its funds, although the negative returns were less...
February marks the fourth month in a row that the Thrift Savings Plan posted negative numbers in nearly all its funds, although the negative returns were less severe than January’s data.
The TSP’s only positive returns were the G Fund, which invests in U.S. government bonds, and the F Fund, which is a fixed income index investment fund. The G Fund was at 0.15 percent, compared to 0.19 percent in January, while the F fund slid to 0.68 percent this month, down from 1.49 percent in January. Those two funds remain the only positive TSP funds in the last 12 months, at 2.06 percent and 1.89 percent, respectively.
The S Fund, which invests in small cap stocks, went from -8.72 percent in January to 0.50 percent in February, but is no longer the worst performing TSP fund in the past 12 months, at -14.45 percent.
The I Fund, which invests in international stocks, now tops the charts as the worst performer in the past 12 months, at -14.91 percent. It also ranked as the lowest return for February, at -2.82 percent, compared to -5.62 percent in January.
All TSP lifecycle funds, except for the L income fund, also posted negative numbers for February.
Thrift Savings Plan — February 2016 Returns | |||
Fund | February | Year-to-Date | Last 12 Months |
G Fund | 0.15% | 0.34% | 2.08% |
F Fund | 0.68% | 2.18% | 1.89% |
C Fund | -0.12% | -5.07% | -6.11% |
S Fund | 0.50% | -8.26% | -14.45% |
I Fund | -2.82% | -8.28% | -14.91% |
L Income | 0.01% | -0.90% | -0.17% |
L 2020 | -0.24% | -2.79% | -3.74% |
L 2030 | -0.41% | -3.97% | -5.74% |
L 2040 | -0.51% | -4.70% | -7.09% |
L 2050 | -0.63% | -5.46% | -8.46% |
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Jory Heckman is a reporter at Federal News Network covering U.S. Postal Service, IRS, big data and technology issues.
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