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

Related Stories

    Amelia Brust/Federal News Network

    TSP performance up from March but still down from 2020

    Read more

    TSP fairly stable for March, major improvement from 2020

    Read more

Comments

Sign up for breaking news alerts

THRIFT SAVINGS PLAN TICKER

Jun 11, 2021 Close Change YTD*
L Income 23.0010 0.0118 2.88%
L 2025 11.8636 0.0126 5.61%
L 2030 41.8638 0.0581 7.07%
L 2035 12.5746 0.0193 7.71%
L 2040 47.5920 0.08 8.36%
L 2045 13.0414 0.0238 8.91%
L 2050 28.5761 0.056 9.49%
L 2055 14.0454 0.0342 11.70%
L 2060 14.0453 0.0341 11.70%
L 2065 14.0453 0.0342 11.69%
G Fund 16.6026 0.0007 0.53%
F Fund 20.8552 -0.0126 -2.22%
C Fund 63.6419 0.1249 12.61%
S Fund 85.0474 0.7826 11.60%
I Fund 39.5477 0.0086 10.58%
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.