TSP funds grow in May
All five of the funds in the 401k-style Thrift Savings Plan increased in May, marking the second month of positive returns for the funds this year.
The C fund increased 5.26 percent in May, after an 8.26 percent increase in April. The fund, which invests in common stocks, performed poorly in 2002 and has declined by 7.97 percent since June 2002.
TSP's S fund, which invests in the stocks of small- and mid-sized companies, rose 9.42 percent last month, after increasing 8.31 percent in April. The fund has declined 4.74 percent in the last 12 months.
The I fund saw a 6.07 percent jump in May. The fund invests in international stocks and has decreased 12.25 percent over the past year.
The G fund rose 0.34 percent last month, up slightly from its 0.33 percent increase in April. The fund is made up of government securities and has increased by 4.43 percent in the past 12 months.
The F fund, which consists of fixed-income bonds, climbed 1.87 percent last month, after growing 0.83 percent in April. The fund has increased 11.72 percent since June 2002.
The monthly G, F, C, 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.
May's rates of return appear below. The numbers in parentheses are negative.
| G Fund | F Fund | C Fund | S Fund | I Fund | |
| May 2003 | 0.34% | 1.87% | 5.26% | 9.42% | 6.07% |
| Last 12 Months (6/1/2002-5/31/2003) | 4.43% | 11.72% | (7.97%) | (4.74%) | (12.25%) |
COMMENTS
- It is clear to me that the words used in this and other pieces about TSP are slanted to have people put their money in the C fund. That is where the money people take your money and give you a dribble to retire on, maybe. When the SEC and Congress start putting some muscle on the Wall Street crooks I might consider putting my money back in the stock market. We see Martha getting smacked around and some handcuffs on a couple crooks but Kenny Boy is still sitting around in his 7 million dollar house with his last 10 million dollars of walking around money in his pocket. The administration wants us, the workers to help the economy, but they do nothing to help us. Steal 30 million and pay 10 million in fines, who says crime doesn't pay? GovExec.com reader Posted June 6, 2003 7:29 AM
