TSP funds have strong February showing
The Thrift Savings Plan funds saw another growth spurt in February, according to the latest numbers from the Federal Retirement Thrift Investment Board.
The I Fund grew the most last month, increasing by 2.22 percent. The I Fund, which invests in international stocks, has grown by nearly 53 percent in the past 12 months.
The S Fund, which invests in the stocks of small and mid-size companies, gained 1.78 percent in February 2004. The S Fund has grown by more than 58 percent since March 2003.
The C Fund grew by 1.35 percent during the past month. The C Fund invests in common stock and has gained more than 38 percent in the past year.
The F Fund was up 1.09 percent last month and has increased by nearly 5 percent during the past 12 months. The F Fund is made up of fixed-income bonds.
The G Fund, which consists of government securities, gained 0.39 percent in February 2004. The fund rose more than 4 percent during the past year. The monthly I, S, C, F and G fund returns reflect net earnings on the changing balances invested during the month.
For an index of the performance of the I, S, and C funds that is updated each business day, see the "TSP Ticker" on the front page of GovExec.com.
February's rates of return appear below. Numbers in parentheses are negative.
| G Fund | F Fund | C Fund | S Fund | I Fund | |
| February 2004 | 0.39% | 1.09% | 1.35 % | 1.78% | 2.22% |
| Last 12 Months (3/1/2003-2/29/2004) | 4.13% | 4.52% | 38.31% | 58.27% | 52.67% |
RELATED STORIES
- TSP numbers climb in January 02/09/04
- Thrift Savings Plan readies two new fund options 01/20/04
- TSP funds close on a high note in 2003 01/06/04
- TSP funds up across the board in November 12/03/03
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