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TSP funds rebound in February
The Thrift Savings Plan's C, S and I funds rebounded in February after all three lost value in January, according to the latest numbers from the Federal Retirement Thrift Investment Board.
The S Fund, which invests in the stocks of small and mid-size companies, rose by 2.04 percent last month. The fund has grown by more than 10 percent in the past 12 months but had fallen 3.39 percent in January.
The C Fund, which invests in common stock, jumped 2.06 percent in February, almost negating a 2.40 percent fall in January. That fund has climbed almost 7 percent during the past year.
The I Fund had the biggest gain, jumping 4.34 percent in February. That fund had fallen 1.87 percent in January. Made up of international stocks, the I fund has gained more than 18 percent since February 2004.
The F Fund, which is made up of fixed-income bonds, was the only fund to fall in February, dropping by 0.57 percent. The fund has seen a 2.36 percent increase over the past 12 months.
The G Fund, which consists of government securities, continued its steady climb and gained 0.37 percent in February. The fund grew 4.36 percent during the past year.
The monthly F, G, S, C and I fund returns reflect net earnings on the changing balances invested during the month.
For an index of the performance of the S, C and I funds that is updated each business day, see the "TSP Ticker" on the front page of GovExec.com.
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