The Thrift Savings Plan's C Fund-which invests in common stocks-dropped more than 5 percent in January, following a 5.9 percent gain in December, according to the latest statistics from the Federal Retirement Thrift Investment Board.
After losing 0.45 percent in December, the F Fund (fixed-income bonds) declined again, by 0.34 percent, in January. The G Fund (government securities) was up 0.56 percent, following a gain of 0.54 percent in December.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
Despite the one-month drop, the C Fund is up 10.25 percent over the past year (January 1999 to January 2000), the F Fund is down 1.88 percent and the G Fund is up 6.13 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.