Government Executive Magazine - 9/11/00 TSP's C Fund jumps in August
The Thrift Savings Plan's C Fund-which invests in common stocks-rebounded in August, following a drop in July, according to the latest statistics from the Federal Retirement Thrift Investment Board.
Following a July slump-the fifth time this year that the monthly rate has decreased-the C Fund jumped 6.19 percent in August.
The F Fund (fixed-income bonds) was up 1.46 percent, while the G Fund (government securities) gained 0.52 percent.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
The C Fund is up 16.17 percent over the past year (August 1999 to August 2000), the F Fund is up 7.59 percent and the G Fund is up 6.55 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.