The Thrift Savings Plan's C Fund-which invests in common stocks-gained 6.34 percent in October, following a 2.78 percent slide in September, according to a new report by the Federal Retirement Thrift Investment Board.
October's recovery comes after a three month downward slide in the C fund. The C fund has declined five out of the ten months of 1999 so far.
After losing 1.15 percent in September, the F Fund (fixed-income bonds) gained 0.38 percent in October. The G Fund (government securities) was up 0.53 percent, following a gain of 0.51 percent in September.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
Over the past year (October 1998 to October 1999), the C Fund is up 25.56 percent, the F Fund 0.47 percent and the G Fund 5.78 percent.
For a daily index of the performance of the C Fund, see the "TSP Ticker" on the front page of GovExec.com. For more TSP information, see the Thrift Savings Plan guide.
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