In a decidedly 2020 fashion, Thrift Savings Plan returns dropped in December as sharp as they jumped a month earlier.
The securities-backed G fund aside, which stayed unchanged at 0.07%, numbers released Monday showed monthly declines everywhere else. Nevertheless, all funds stayed in the black for the second month in a row, the highest performance for December being in the small capitalization stock index S Fund — compared to 18.26% in November.
The international stock index I Fund had a monthly return of 4.64% compared to 15.54% the month before. The common stock index investment C fund finished December at 3.84% versus 10.95% for November. The fixed income investment F fund ended December at 0.14% compared to 0.99% the month before.
While most stock funds finished 2020 higher than they did a year prior, the G fund finished 0.09% lower than it did in December 2019.
As for the Lifecycle funds, the L 2055, 2060 and 2065 funds each finished December at 4.63% compared to 13.55% in November — a change of 8.92 percentage points. The L Income fund had a December return of 1.07% compared to 3% the month before.
Unlike the stock funds, all Lifecycle funds finished year higher than they did at the same time in 2019, although the L 2055, 2035, 2045, 2055 and 2065 funds were only added in June.