TSP returns are down almost entirely across the board for the month of September.
For all but one fund, Thrift Savings Plan returns dropped in September. The one holdout, the government securities investment G Fund, saw a 0.28% increase. Among the individual funds, the S Fund — the small cap stock index — saw the largest drop in September, losing 9.91%. S Fund shares started the month of September going for $64.17 and ended the month at $58.53. A year ago, the S Fund ended the month of September costing $82.86 per share, meaning there was a 29.36% drop over the year — Sept. 30, 2021, to Sept. 30, 2022.
September also saw all of the Lifecycle funds drop in price. The L Income Fund had the smallest drop, losing 2.33%. The L 2055, 2060 and 2065 funds saw the biggest drops, all going down 9.29%.
After Labor Day, the C and S Funds started climbing until Sept. 12, shortly after which point both saw their prices drop to lower than how they started the month.
Thrift Savings Plan — September 2022 Returns | |||
---|---|---|---|
Fund | September | Year-to-Date | Last 12 Months |
G fund | 0.28% | 1.94% | 2.34% |
F fund | -4.31% | -14.30% | -14.35% |
C fund | -9.21% | -23.87% | -15.48% |
S fund | -9.91% | -29.85% | -29.36% |
I fund | -9.40% | -27.25% | -25.31% |
L Income | -2.33% | -6.00% | -4.27% |
L 2025 | -3.98% | -11.20% | -8.41% |
L 2030 | -5.85% | -16.24% | -12.78% |
L 2035 | -6.44% | -17.92% | -14.26% |
L 2040 | -7.01% | -19.50% | -15.63% |
L 2045 | -7.50% | -20.90% | -16.89% |
L 2050 | -7.97% | -22.18% | -18.01% |
L 2055 | -9.29% | -25.62% | -20.83% |
L 2060 | -9.29% | -25.62% | -20.83% |
L 2065 | -9.29% | -25.63% | -20.84% |
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Robert O’Shaughnessy is a digital editor of Federal News Network.
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