May proves dismal for TSP performance

Nearly every fund in the Thrift Savings Plan took a tumble in May as the government securities investment G fund and the fixed income investment F fund were the only funds not to drop from April’s numbers, according to returns released Monday.

The G fund stayed flat at 0.21% and the F fund rose from 0.02% the previous month to 1.77% in May.

It was stark change from May 2018, when all funds but one rose and ended in the black. Last month also experienced a 2.55% loss on May 13 — a paper loss of approximately $800 billion and “the worst single-day percentage loss for the Wilshire 5000 since Dec. 24,” as Federal News Network previously reported.

The largest decrease was in the small capitalization stock index S fund, which had a May return of -6.99% versus 3.69% in April. The second largest drop was in the common stock index investment C fund, which went from 4.05% in April to -6.36% last month.

The international stock index I fund also ended in the red last month, with a return of -4.69% compared to 2.92% in April, according to Monday’s release.Thrift Savings Plan returns, TSP, May 2019, graph, chart

All Lifecycle funds also dropped month over month in May, the first time any of them had finished in the red since December. Among them, the largest decline was the L 2050, which had a return of -4.67% compared to 2.96% in April. The smallest Lifecycle decline was the L Income fund, which went from 0.89% in April to -0.98% last month.

The L 2020, L 2030 and L 2040 funds also dropped month over month by 2.58%, 5.59% and 6.68%, respectively.

Thrift Savings Plan — May 2019 Returns
Fund May Year-to-Date Last 12 Months
G fund 0.21% 1.09% 2.87%
F fund 1.77% 4.79% 6.51%
C fund -6.36% 10.73% 3.77%
S fund -6.99% 11.87% -3.56%
I fund -4.69% 8.00% -5.32%
L Income -0.98% 3.09% 2.67%
L 2020 -1.42% 3.96% 2.40%
L 2030 -3.36% 6.65% 1.50%
L 2040 -4.06% 7.71% 1.07%
L 2050 -4.67% 8.61% 0.64%

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THRIFT SAVINGS PLAN TICKER

Feb 26, 2021 Close Change YTD*
L Income 22.3956 -0.0246 -0.10%
L 2025 11.2825 -0.033 -0.24%
L 2030 39.3109 -0.149 -0.32%
L 2035 11.7431 -0.0487 -0.35%
L 2040 44.2037 -0.2012 -0.37%
L 2045 12.0579 -0.0584 -0.39%
L 2050 26.2994 -0.1372 -0.41%
L 2055 12.7194 -0.0908 -0.44%
L 2060 12.7194 -0.0907 -0.44%
L 2065 12.7194 -0.0905 -0.44%
G Fund 16.5337 0.0015 0.07%
F Fund 20.7403 0.1701 -0.71%
C Fund 56.8721 -0.2653 -1.01%
S Fund 80.2962 0.2929 2.85%
I Fund 35.7955 -0.5623 -1.09%
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.