TSP's C Fund drops in April

TSP's C Fund drops in April

ksaldarini@govexec.com

The Thrift Savings Plan's C Fund-which invests in common stocks-dropped 2.98 percent in April, following a steep gain in March, according to the latest statistics from the Federal Retirement Thrift Investment Board.

The F Fund (fixed-income bonds) fell 0.29 percent, while the G Fund (government securities) was up 0.52 percent, following a gain of 0.55 percent in March.

The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.

The March gain is still buoying the C Fund, which is up 9.99 percent over the past year (April 1999 to April 2000), the F Fund is up 1.27 percent and the G Fund is up 6.43 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.