TSP posts mostly small gains for September

Retirement

TSP posts mostly small gains for September

The Thrift Savings Plan posted modest returns for its retirement funds in September, with a majority showing higher numbers than the previous month.

Jory Heckman@jheckmanWFED

October 3, 2016 10:37 am

1 min read

The Thrift Savings Plan posted modest returns for its retirement funds in September, with a majority showing higher numbers than the previous month.

The international stock-index I fund posted the highest monthly numbers at 1.24 percent, but stands in the middle of the pack for the past 12 months at 6.90 percent.

The C Fund, which invests in the S&P 500 Index, was the only fund to post a lower return in September than in August — down to 0.02 percent, compared to 0.14 percent in August. It remains the best performer for the past 12 months at 15.50 percent.

The F fund, a fixed-income index investment fund, remained in the negative this month at -0.04 percent, and is at 5.46 percent for the past 12 months

The G fund, the TSP’s low-risk low-reward option, which invests in government bonds, remained unchanged at 0.13 percent, bringing its 12-month total down to 1.85 percent.

The TSP took a hit in June after investors withdrew $2.1 billion from the stock-indexed C, S and I funds, due to perceived uncertainty in the market following the United Kingdom’s “Brexit” referendum to leave the European Union.

The L Income fund posted a 0.20 percent return this month, while the rest of the lifecycle funds all showed positive returns.

Thrift Savings Plan — September 2016 Returns
Fund	September	Year-to-Date	Last 12 Months
G Fund	0.13%	1.32%	1.85%
F Fund	-0.04%	6.01%	5.46%
C Fund	0.02%	7.87%	15.50%
S Fund	0.90%	10.11%	13.69%
I Fund	1.24%	2.80%	6.90%
L Income	0.20%	2.82%	4.39%
L 2020	0.30%	4.15%	7.22%
L 2030	0.38%	5.23%	9.12%
L 2040	0.43%	5.78%	10.16%
L 2050	0.48%	6.21%	11.08%