TSP’s C, S and I funds take a hit in September

The Thrift Savings Plan's three most volatile investment funds, the C, S and I funds, all took a hit in September, according to the latest statistics from the Federal Retirement Thrift Investment Board. The C Fund, which invests in common stocks, dipped 8.05 percent, its fourth consecutive losing month. The fund has dropped 26.57 percent over the past 12 months. The S Fund suffered losses in September as well, falling 12.5 percent. One of the newest members of the TSP family, the S Fund invests in the stocks of small- and mid-sized companies. The S Fund had a slightly better month than its benchmark, the Wilshire 4500 Index, which dropped 12.86 percent during September. The I Fund, which invests in international stocks, lost 9.95 percent during the month, its fifth straight losing month since its debut in May. The F Fund, composed of fixed-income bonds, gained 1.15 percent in September, bringing its 12-month return to 13.07 percent. The G Fund (government securities) inched up 0.43 percent and has gained 5.67 percent in the last year. The monthly C, F, G, S and I Fund returns reflect net earnings on the amounts invested during the month. For an index of the performance of the C, I and S funds that is updated each business day, see the "TSP Ticker" on the front page of GovExec.com.

September's rates of return are listed below. The numbers in parentheses are negative.

G Fund F Fund C Fund S Fund I Fund
Sept. 2001 0.43% 1.15% (8.05%) (12.50%) (9.95%)
Last 12 Months
(9/1/2000-8/30/2001)
5.67% 13.07% (26.57%) (34.25%) (28.84%)
Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
FROM OUR SPONSORS
JOIN THE DISCUSSION
Close [ x ] More from GovExec
 
 

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

  • Forecasting Cloud's Future

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

    Download
  • 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.

    Download
  • 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.

    Download
  • 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.

    Download
  • Ongoing Efforts in Veterans Health Care Modernization

    This report discusses the current state of veterans health care

    Download

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