TSP's C, S and I funds falter in January
The Thrift Savings Plan's C, S, and I funds all dropped in January, after gaining in December, according to the latest numbers from the Federal Retirement Thrift Investment Board.
The C fund, which invests in common stocks, fell 1.47 percent last month, after a slight increase in December. The fund has declined 16.22 percent over the last 12 months.
The S fund, which invests in the stocks of small- and mid-sized companies, decreased by 2.02 percent in January, after a 5.31 percent boost in December. The I fund, which is invested in international stocks, also dropped last month, falling 5.33 percent after gaining 0.52 percent in December.
The F fund and G funds, which consist of fixed-income bonds and government securities respectively, both increased in January. The F fund rose 0.79 percent, after dropping 0.61 percent in December, while the G fund gained 0.45 percent after a 0.42 increase in December.
The F fund has gained 7.68 percent since February 2001, and the G fund rose 5.38 percent over the same time period.
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.
January's rates of return are listed below. The numbers in parentheses are negative.
| G Fund | F Fund | C Fund | S Fund | I Fund | |
| Jan. 2002 | 0.45% | 0.79% | (1.47%) | (2.02%) | (5.33%) |
|
Last 12 Months (2/1/2001-1/31/2002) |
5.38% | 7.68% | (16.22)% | *(15.47)% | *(26.07)% |
* From the TSP Web site: The S and I Funds were implemented in May 2001. The last-12-months returns therefore reflect the actual performance of the S and I Funds for May 2001 and subsequent months and the returns of the Wilshire 4500 and EAFE (Europe, Australasia, Far East) indexes (without deduction of any administrative expenses, trading costs, or investment management fees), respectively, for the months before May 2001. The last-12-months returns for the S and I Funds published before this month used the returns of the related Barclays index funds, rather than the returns of the related indexes, for the period before May 2001.