March a solid month for TSP returns

The three riskiest funds in the Thrift Savings Plan posted the greatest gains for March, while one of the more conservative funds had no movement and the other made just small gains.

The I Fund, which invests in international stocks, grew the most, at 2.57 percent. March's growth brings the fund's 12-month gains to 20.22 percent -- also the highest increase of any fund over that period.

The C Fund, which tracks the Standard & Poor's 500 Index, gained 1.09 percent for March, bringing the 12-month increase to 11.83 percent.

The S Fund, which invests in the stocks of small- and mid-sized American companies, also grew 1.09 percent last month. The fund tracks the Dow Jones Wilshire 4500 Index, which invests in the 4,500 next largest domestic companies after the 500 tracked by the C Fund. The S Fund's 12-month gains stand at 9.30 percent. The government securities, or G Fund, which is the most reliable TSP fund, earned 0.42 percent last month for a yearlong 5.05 percent increase.

The fixed-income bonds included in the F Fund made no movement in March, placing them at the bottom of the pack for the month. But the fund came in with 6.6 percent gains for the year, placing it ahead of the G Fund.

All of the TSP's life cycle fund options, which automatically adjust as investors near their target retirement date, grew this month. Those designed for younger employees posted the greatest gains, because they invested more heavily in the I, C and S funds.

The L 2040 fund, designed for TSP participants anticipating retirement around the year 2040, grew 1.34 percent. The L 2030 Fund gained 1.16 percent; the L 2020 rose 1.08 percent; the L 2010 increased 0.89 percent; and the L Income, designed for employees with planned retirements in the very near future, gained 0.62 percent.

March's performance marked a reversal from February, when a steep drop in the Dow Jones industrial average caused slight losses among the funds that have grown the most over the past year.

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:

  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

  • Cyber Risk Report: Cybercrime Trends from 2016

    In our first half 2016 cyber trends report, SurfWatch Labs threat intelligence analysts noted one key theme – the interconnected nature of cybercrime – and the second half of the year saw organizations continuing to struggle with that reality. The number of potential cyber threats, the pool of already compromised information, and the ease of finding increasingly sophisticated cybercriminal tools continued to snowball throughout the year.

  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

  • GBC Issue Brief: The Future of 9-1-1

    A Look Into the Next Generation of Emergency Services

  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.

  • eBook: State & Local Cybersecurity

    CenturyLink is committed to helping state and local governments meet their cybersecurity challenges. Towards that end, CenturyLink commissioned a study from the Government Business Council that looked at the perceptions, attitudes and experiences of state and local leaders around the cybersecurity issue. The results were surprising in a number of ways. Learn more about their findings and the ways in which state and local governments can combat cybersecurity threats with this eBook.


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