TSP's C Fund slumps in September

ksaldarini@govexec.com

The Thrift Savings Plan's C Fund-which invests in common stocks-lost ground in September, following a strong gain in August, according to the latest statistics from the Federal Retirement Thrift Investment Board.

Following an August jump of 6.19 percent, the C Fund dropped 5.27 percent in September-the sixth time the C fund has dropped this year.

The F Fund (fixed-income bonds) was up 0.64 percent, while the G Fund (government securities) gained 0.49 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 13.19 percent over the past year (September 1999 to September 2000), the F Fund is up 7.05 percent and the G Fund is up 6.54 percent.

For a daily index of the performance of the C Fund, see the "TSP Ticker" on the front page of GovExec.com.

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