TSP funds continue to fall in February
The Thrift Savings Plan's C and S funds continued to drop in February, after lackluster showings in January, according to the latest numbers from the Federal Retirement Thrift Investment Board.
The C fund, which invests in common stocks, fell 1.92 percent last month, following a 1.47 percent drop in January. The fund has declined 9.58 percent over the last 12 months.
The S fund, which invests in the stocks of small- and mid-sized companies, fell 2.64 percent in February, after decreasing by 2.02 percent in January. The fund has dropped 6.32 percent in the last year.
The I fund, which is invested in international stocks, had a slight rebound in February, increasing 0.66 percent, after falling 5.33 percent in January. The fund has dropped 19.55 percent over the last 12 months.
The F fund and G funds, which consist of fixed-income bonds and government securities respectively, both continued to increase in February. The F fund rose 0.98 percent, after a 0.79 percent boost in January, while the G fund gained 0.40 percent after a 0.45 increase last month.
The F fund has gained 7.79 percent since March 2001, and the G fund rose 5.36 percent over the same time period.
The monthly C, F, G, S and I Fund returns reflect net earnings on the amounts invested during the month.
For an index of the performance of the C, I and S funds that is updated each business day, see the "TSP Ticker" on the front page of GovExec.com.
February's rates of return are listed below. The numbers in parentheses are negative.
| G Fund | F Fund | C Fund | S Fund | I Fund | |
| Feb. 2002 | 0.40% | 0.98% | (1.92%) | (2.64%) | 0.66% |
| Last 12 Months (3/1/2001-2/28/2002) | 5.36% | 7.79% | (9.58%) | (6.32%) | (19.55%) |
Post a Comment
To post a comment, you must provide a name and a valid e-mail address. Messages must be limited to 400 words. By using this Service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although Government Executive does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.