TSP dips in May, but mostly stays out of the red

The Thrift Savings Plan took a turn for the worse in May, as all the funds except G and I fell from their April returns. That said, the S Fund was the only one to dip into the red. Every other fund remained positive.

This isn’t unusual behavior; most TSP funds have dropped from April to May for the past two years, sometimes much more drastically. For example, in 2019, both C and S funds lost more than 10 percentage points during that time.

The international stock index I fund was the clear winner this May, coming in at 3.61%, which is a 0.52 percentage point increase over April’s returns. That keeps its year-to-date performance strong at 10.58%. Meanwhile, the securities-backed G fund held steady at 0.13%, neither gaining nor losing ground. Its year-to-date returns stand at 0.53%.

The rest of the TSP funds did not fare so well. The small capitalization stock index S fund saw the biggest drop, falling 4.89 percentage points to come in at -0.66%, the only fund to dip into the red. Despite this, its year-to-date returns remain high, standing at 11.60%. The common stock index investment C fund saw the next biggest drop, falling 4.64 percentage points to wind up at 0.69%. Its year-to-date returns are highest out of all the funds, at 12.61%. The fixed income investment F fund only fell slightly, from 0.82% to 0.34%, though a string of poor performance earlier in the year has left it with a year-to-date return of -2.22%.

The Lifecycle funds all followed suit, with downturns ranging from 0.67 percentage points to 2.85 percentage points. The L Income had the smallest downturn as well as the smallest return, at 0.47%. Returns and downturns scaled up from there, with the L 2055, 2060 and 2065 funds all showing the greatest decrease, coming in at 1.50%.

 

Thrift Savings Plan — May 2021 Returns
Fund May Year-to-Date Last 12 Months
G fund
0.13%
0.53% 0.96%
F fund 0.34% -2.22% -0.29%
C fund 0.69% 12.61% 40.29%
S fund -0.66% 11.60% 62.54%
I fund 3.61% 10.58% 39.15%
L Income 0.47% 2.88% 9.22%
L 2025 0.81% 5.61% n/a
L 2030 1.00% 7.07% 24.77%
L 2035 1.08% 7.71% n/a
L 2040 1.16% 8.36% 29.97%
L 2045 1.22% 8.91% n/a
L 2050 1.28% 9.49% 34.66%
L 2055 1.50% 11.70% n/a
L 2060 1.50% 11.70% n/a
L 2065 1.50% 11.70% n/a

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THRIFT SAVINGS PLAN TICKER

Dec 08, 2021 Close Change YTD*
L Income 23.4102 0.0213 4.32%
L 2025 12.1849 0.0225 7.70%
L 2030 43.2912 0.1107 9.58%
L 2035 13.0322 0.0366 10.38%
L 2040 49.4325 0.1522 11.19%
L 2045 13.5678 0.045 11.85%
L 2050 29.7836 0.1061 12.55%
L 2055 14.7437 0.0671 15.21%
L 2060 14.7436 0.0671 15.21%
L 2065 14.7435 0.0671 15.20%
G Fund 16.7211 0.0007 1.26%
F Fund 20.8581 -0.062 -1.14%
C Fund 70.9089 0.2195 23.16%
S Fund 84.8960 0.9303 11.80%
I Fund 38.9185 0.1588 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.