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Most TSP funds lost some ground in August
Almost across the board, Thrift Savings Plan returns were down in the month of August, except for the G Fund — the government securities investment fund — which enjoyed a modest 0.25% increase. Among the individual funds, the I Fund — the international stock index — saw the largest percentage drop in August, losing 5.79%. For context, shares in the I Fund were going for $33.70 on Aug. 1 and went for $31.67 on Aug....
Almost across the board, Thrift Savings Plan returns were down in the month of August, except for the G Fund — the government securities investment fund — which enjoyed a modest 0.25% increase. Among the individual funds, the I Fund — the international stock index — saw the largest percentage drop in August, losing 5.79%. For context, shares in the I Fund were going for $33.70 on Aug. 1 and went for $31.67 on Aug. 31. A year ago, the I Fund ended the month of August costing $39.53 per share.
The lifecycle funds also had a tough month with all of them dropping in price. The L Income Fund had the smallest drop, losing 1.04%, while the L 2055, 2060 and 2065 funds saw the biggest drops, all going down 4.36%.
Earlier in August, the C and F Funds — common stock index and fixed income index respectively — saw comparatively substantial bumps on Aug. 10, before returning to below their Aug. 1 prices on Aug. 29.
Looking ahead, the Federal Retirement Thrift Investment Board says it will be closed on Sept. 5 in observance of Labor Day. Transactions that would have been processed that night will be processed the night of Sept. 6 at that day’s closing share prices.
| Thrift Savings Plan — August 2022 Returns | |||
|---|---|---|---|
| Fund | August | Year-to-Date | Last 12 Months |
| G fund | 0.25% | 1.66% | 2.17% |
| F fund | -2.80% | -10.45% | -11.27% |
| C fund | -4.08% | -16.15% | -11.23% |
| S fund | -2.08% | -22.14% | -24.72% |
| I fund | -5.79% | -19.71% | -19.88% |
| L Income | -1.04% | -3.75% | -2.84% |
| L 2025 | -1.83% | -7.52% | -6.31% |
| L 2030 | -2.74% | -11.04% | -9.57% |
| L 2035 | -3.03% | -12.27% | -10.75% |
| L 2040 | -3.30% | -13.44% | -11.86% |
| L 2045 | -3.55% | -14.48% | -12.88% |
| L 2050 | -3.77% | -15.44% | -13.80% |
| L 2055 | -4.36% | -18.00% | -16.10% |
| L 2060 | -4.36% | -18.01% | -16.11% |
| L 2065 | -4.36% | -18.02% | -16.12% |
Robert O'Shaughnessy
Robert O’Shaughnessy is a digital editor of Federal News Network.
Follow @rposhaughnessy
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