After volatile last month of 2018, TSP funds tumble

After across-the-board growth in November, most of the Thrift Savings Plan’s funds showed the opposite effect last month, according to the latest returns. December saw slower gains in the U.S. stock market thanks to anxieties about rising interest rates, expected falls in economic growth and a trade war with China — and diversified 401(k) plans were not immune, the Associated Press reported.

All funds except the fixed income investment F fund and the government securities investment G fund showed negative returns month-over-month in December. The F fund increased by 1.22 percent to 1.84 percent, while the G fund flatlined at 0.26 percent, where it has been since October.

The largest drop was in the small capitalization stock index S fund, which fell 12.62 percent to -10.70 percent in December compared to November. The next largest decreases were in the common stock index investment C fund and the Lifecycle 2050 fund, which dropped 11.07 percent and 7.67 percent in December, respectively.

In one aspect, December’s performance was largely similar to December 2017, when just the G and F funds showed positive returns and the former only improved by 1 percent. But as a whole the month-over-month losses in December 2017 were lower than this past year: then, the greatest decline was by 2.43 percent in the S fund.

Year-to-date, however, most fund performance showed improvement in December compared to November.

Thrift Savings Plan — December 2018 Returns
Fund December Year-to-Date Last 12 Months
G fund 0.26% 2.91% 2.91%
F fund 1.84% 0.15% 0.15%
C fund -9.03% -4.41% -4.41%
S fund -10.70% -9.26% -9.26%
I fund -4.82% -13.43% -13.43%
L Income -1.31% 0.71% 0.71%
L 2020 -2.18% -0.36% -0.36%
L 2030 -4.64% -3.58% -3.58%
L 2040 -5.61% -4.89% -4.89%
L 2050 -6.45% -6.02% -6.02%

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THRIFT SAVINGS PLAN TICKER

Dec 03, 2021 Close Change YTD*
L Income 23.2215 -0.0408 4.32%
L 2025 11.9963 -0.0431 7.70%
L 2030 42.3804 -0.2118 9.58%
L 2035 12.7320 -0.0701 10.38%
L 2040 48.1934 -0.2912 11.19%
L 2045 13.2040 -0.0861 11.85%
L 2050 28.9321 -0.2026 12.55%
L 2055 14.2261 -0.1257 15.21%
L 2060 14.2261 -0.1257 15.21%
L 2065 14.2260 -0.1257 15.20%
G Fund 16.7177 0.0007 1.26%
F Fund 21.0261 0.08 -1.14%
C Fund 68.4493 -0.5796 23.16%
S Fund 80.7041 -1.887 11.80%
I Fund 37.7230 -0.1338 6.04%
Closing price updated at approx 6pm ET each business day. More at tsp.gov
* YTD data is updated on the last day of the month.