After a four-month streak of posting mostly negative numbers, the Thrift Savings Plan finally has some good news to share: every retirement fund showed positive...
After a four-month streak of posting mostly negative numbers, the Thrift Savings Plan finally has some good news to share: every retirement fund showed positive returns in March.
The I Fund, which invests in international stocks, experienced the biggest reversal of fortunes, going from -2.82 percent in February to 6.59 percent in March. However, it remains in the negative for the past 12 months at -7.98 percent.
The S Fund, which invests in small cap stocks, posted the highest monthly number this month at 8.24 percent, another big increase from the 0.50 percent it had reported in February. It’s now the lowest performer in the last 12 months at -8.53 percent.
The C fund also flipped from the negative to the positive this month, up from -0.12 percent in February to 6.79 percent in March. Its 12-month figure is also now in the positive at 1.87 percent.
The TSP’s low-risk, low-reward G Fund, which invests in U.S. government bonds, remained unchanged at 0.15 percent this month, and held steady at 2.07 percent in the past 12 months.
The F fund, a fixed income index investment fund, gained modestly from 0.68 percent in February to 0.93 percent in March. It improved in the last 12 months as well, going from 1.89 percent to 2.35 percent.
All of the TSP’s lifecycle funds also showed strong growth. However, the L 2020, L 2030 and L 2050 funds still remain negative for the last 12 months.
Thrift Savings Plan — March 2016 Returns | |||
Fund | March | Year-to-Date | Last 12 Months |
G Fund | 0.15% | 0.49% | 2.07% |
F Fund | 0.93% | 3.13% | 2.35% |
C Fund | 6.79% | 1.37% | 1.87% |
S Fund | 8.24% | -0.70% | -8.53% |
I Fund | 6.59% | -2.24% | -7.98% |
L Income | 1.53% | 0.62% | 1.43% |
L 2020 | 3.35% | 0.47% | -0.07% |
L 2030 | 4.54% | 0.39% | -0.89% |
L 2040 | 5.25% | 0.30% | 0.15% |
L 2050 | 5.94% | 0.15% | -2.29% |
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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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