Returns for the Thrift Savings Plan (TSP) trended upward across the board in March from a steep decline in February, according to the latest performance report issued Monday. But only the G, F and S funds were in the black.
The drop two months ago was blamed on volatile conditions in the stock market.
The fixed income index investment, or F fund, increased from -0.96 percent returns in February to 0.65 percent returns in March.
Returns for the small cap stock index investment, or S fund, rose from -3.79 percent in February to 0.69 percent last month, according to Monday’s report.
The F and S funds also had the largest gains month over month. Meanwhile the low-risk, Treasury-backed government securities investment, or G fund, continued to be the most stable, increasing from 0.21 percent returns in February to 0.24 percent returns in March.
Last month, returns for the common stock index investment, or C fund, also increased to -2.55 percent from -3.69 percent in February.
Thrift Savings Plan — March 2018 Returns
Last 12 Months
Gains for each of the TSP’s lifestyle funds hovered between 0.6 and 2.3 percentage points month over month. The highest growth among them was in the L 2050 Fund, which increased to -1.11 percent returns in March from -3.41 percent returns the month before.
Despite the individual fund growth last month, a sharp drop in February meant the number of funds with year-to-date returns in the red doubled from three to six in March.