The Federal Retirement Thrift Investment Board has reported that in January the Thrift Savings Plan's C Fund-which invests in common stocks-gained 4.19 percent, following a 5.76 percent rise in December 1998.
After gaining 0.3 percent in December, the F Fund (fixed-income bonds) gained 0.71 percent in January. The G Fund (government securities) stayed relatively stable with a return rate of 0.42 percent, down slightly from December's return of 0.43 percent.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
Over the past year (Feb. 1998-Jan. 1999), the C Fund is up 32.35 percent, the F Fund 8.09 percent and the G Fund 5.65 percent.
For more TSP information, see GovExec.com's Thrift Savings Plan update.
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