TSP

Most TSP funds lost some ground in August

TSP returns are down almost entirely across the board for the month of August.

Robert O'Shaughnessy@rposhaughnessy

September 1, 2022 2:30 pm

1 min read

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%