TSP posts modest August returns

None of the Thrift Savings Plan funds posted higher numbers in August than they did in July, but the federal retirement fund still remains in a better place than it was earlier this summer.

The F fund, a fixed-income index investment fund, posted the only negative return this month, going from 0.64 percent in July to -0.11 percent in August. However, the fund’s 12-month outlook remains nearly unchanged at 6.29 percent.

The C Fund, which...

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None of the Thrift Savings Plan funds posted higher numbers in August than they did in July, but the federal retirement fund still remains in a better place than it was earlier this summer.

The F fund, a fixed-income index investment fund, posted the only negative return this month, going from 0.64 percent in July to -0.11 percent in August. However, the fund’s 12-month outlook remains nearly unchanged at 6.29 percent.

The C Fund, which invests in the Standard and Poor’s (S&P) 500 Index, came out at 0.14 percent this month, but now has the best 12-month performance at 12.63 percent.

The S Fund, which invests in small cap stocks, posted 0.80 percent in August, and has the second-highest 12-month numbers at 7.27 percent

The G fund, the TSP’s low-risk low-reward option, which invests in government bonds, stood unchanged at 0.13 percent, bringing its 12-month total down to 1.90 percent.

The international I fund posted 0.08 percent in August, and remains in last place for the last 12 months, at 0.30 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 showed a 0.13 percent return, while the rest of the lifecycle funds all showed positive returns.

Thrift Savings Plan — August 2016 Returns
Fund August Year-to-Date Last 12 Months
G Fund 0.13% 1.19% 1.90%
F Fund -0.11% 6.05% 6.29%
C Fund 0.14% 7.85% 12.63%
S Fund 0.80% 9.13% 7.27%
I Fund 0.08% 1.54% 0.30%
L Income 0.13% 2.61% 3.64%
L 2020 0.16% 3.84% 5.11%
L 2030 0.18% 4.83% 6.25%
L 2040 0.20% 5.33% 6.76%
L 2050 0.21% 5.70% 7.13%

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