TSP's C Fund drops steeply in November

The Thrift Savings Plan's C Fund-which invests in common stocks-continued its fall swoon, dropping 7.87 percent in November, according to the latest statistics from the Federal Retirement Thrift Investment Board. The steep drop came on the heels of a 0.4 percent decline in October and a 5.27 percent decrease in September. The C fund has dropped in eight different months this year. The F Fund (fixed-income bonds) was up 1.65 percent in November, while the G Fund (government securities) gained 0.48 percent. The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month. Overall, the C Fund has lost 4.25 percent over the past year (December 1999 to November 2000), the F Fund is up 9.13 percent and the G Fund is up 6.48 percent. For an index of the performance of the C Fund that is updated continuously each business day, see the "TSP Ticker" on the front page of GovExec.com.