All TSP funds increase in April

All the funds in the Thrift Savings Plan posted significant gains in April, some rising by double digits. Those increases mean that five of the TSP's 10 offerings have grown in value since the beginning of 2009, helping to make up for earlier losses.

The S Fund, which invests in small- and mid-size companies and tracks the Dow Jones Wilshire 4500 Index, posted the largest gains in April, rising 15 percent. Since the beginning of 2009, the fund's value is up 2.98 percent, though significant losses in the financial downturn last fall mean it's still down 33.35 percent from the same time in 2008.

The I Fund, invested in companies in Europe, Asia and Australia, rose 12.13 percent last month, but its value is down 4.97 percent since the beginning of 2009, and at a 43.06 percent deficit over the past 12 months, the largest loss of any fund in the plan.

The C Fund, which invests in common stocks of large companies on the Standard & Poor's 500 Index and had the biggest gains of any fund in March, again posted strong returns in April, surging 9.58 percent. The fund is down 2.41 percent in 2009, and 35.26 since April 2008.

The G Fund of government securities and the F Fund, which invests in fixed-income bonds, made smaller gains in April, but rose in value since January 2009 and during the past year. The G Fund inched up 0.21 percent in April, while the F Fund rose 0.49 percent. The G Fund is up 0.85 percent since the beginning of 2009 and 3.45 percent since April 2008, while the F Fund is up 0.62 percent and 3.93 percent during the past year.

All five life-cycle funds got a boost in April, though all also have lost value during the past 12 months. The L funds are designed to move participants from riskier, but potentially higher yielding investments early in their careers to a more conservative mix as they reach retirement.

The L 2040 Fund, which is the riskiest mix of investments, increased 9.38 percent in April; the L 2030 Fund was up 8.20 percent; the L 2020 Fund experienced a 6.79 percent hike; the L 2010 Fund rose 3.20 percent; and the L Income Fund, the most stable option for enrollees about to retire, received a 2.37 percent boost.

Since the beginning of 2009, the L 2040 Fund is down 1.07 percent; the L 2030 Fund has fallen 0.69 percent, and the L 2020 Fund has decreased 0.39 percent. The L 2010 Fund has risen 0.29 percent and the L Income Fund is up 0.63 percent. During the past year, all the L funds have lost value. The L 2040 Fund has decreased 29.88 percent; the L 2030 Fund has tanked 25.91 percent; the L 2020 Fund has lost 21.42 percent of its value; the L 2010 Fund is down 9.62 percent; and the L Income Fund lost 4.71 percent of its value.

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
Close [ x ] More from GovExec

Thank you for subscribing to newsletters from
We think these reports might interest you:

  • Forecasting Cloud's Future

    Conversations with Federal, State, and Local Technology Leaders on Cloud-Driven Digital Transformation

  • The Big Data Campaign Trail

    With everyone so focused on security following recent breaches at federal, state and local government and education institutions, there has been little emphasis on the need for better operations. This report breaks down some of the biggest operational challenges in IT management and provides insight into how agencies and leaders can successfully solve some of the biggest lingering government IT issues.

  • Communicating Innovation in Federal Government

    Federal Government spending on ‘obsolete technology’ continues to increase. Supporting the twin pillars of improved digital service delivery for citizens on the one hand, and the increasingly optimized and flexible working practices for federal employees on the other, are neither easy nor inexpensive tasks. This whitepaper explores how federal agencies can leverage the value of existing agency technology assets while offering IT leaders the ability to implement the kind of employee productivity, citizen service improvements and security demanded by federal oversight.

  • IT Transformation Trends: Flash Storage as a Strategic IT Asset

    MIT Technology Review: Flash Storage As a Strategic IT Asset For the first time in decades, IT leaders now consider all-flash storage as a strategic IT asset. IT has become a new operating model that enables self-service with high performance, density and resiliency. It also offers the self-service agility of the public cloud combined with the security, performance, and cost-effectiveness of a private cloud. Download this MIT Technology Review paper to learn more about how all-flash storage is transforming the data center.

  • Ongoing Efforts in Veterans Health Care Modernization

    This report discusses the current state of veterans health care


When you download a report, your information may be shared with the underwriters of that document.