TSP's C Fund drops in May

klunney@govexec.com

The Thrift Savings Plan's C Fund-which invests in common stocks-fell 2.05 percent in May, continuing its drop from last month, according to the latest statistics from the Federal Retirement Thrift Investment Board.

The F Fund (fixed-income bonds) fell 0.03 percent, while the G Fund (government securities) was up 0.54 percent, up from 0.52 percent in April.

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

The C Fund is up 10.35 percent over the past year (May 1999 to May 2000), the F Fund is up 2.15 percent and the G Fund is up 6.50 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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