June a slow month for TSP investments

None of the five basic funds in the Thrift Savings Plan fared well in June, with three posting losses and the others making minimal gains.

The reliable government securities (G) fund performed the best, but increased just 0.42 percent. Its gains over the previous year remained lower than those for any of the others, with an increase of 4.90 percent.

The stocks from Europe, Australia and some countries in Asia that make up the international (I) fund also had small gains, with a 0.20 percent return. This offering is at the opposite end of the spectrum from the G Fund for longer-term growth, however, outperforming all the other options with 12-month returns of 27.18 percent.

The F Fund, made up of fixed-income bonds, had the smallest losses of the remaining three, losing 0.27 percent for June. Its yearlong earnings remained positive, at 6.23 percent.

The S Fund, which invests in the stocks of small- and mid-sized American companies, lost 1.53 percent, after posting the biggest gains for May. The fund still grew 19.47 percent for the last 12 months.

Finally, the C Fund, which tracks Standard & Poor's 500 Index of stocks in large and medium-sized domestic companies, lost 1.70 percent. But the fund's 12-month gains were the second-highest, at 20.63 percent.

The life cycle or L fund options lost ground for June as well, with one exception. The L Income fund, designed for employees anticipating retirement in the very near future, gained 0.08 percent for the month, and 8.37 percent in the last 12 months. That fund is invested in a conservative mix of stocks, as the life cycle offerings automatically shift money to less risky allocations the closer participants get to retirement.

The other life cycle options had progressively higher losses last month the farther away the target retirement date was. The L 2040 fund lost 0.92 percent; the L 2030, 0.80 percent; the L 2020, 0.54 percent; and the L 2010, 0.20 percent.

The reverse was true of 12-month gains, with long-term returns increasing the farther away the planned retirement. The L 2040 grew 19.49 percent over the year; the L 2030, 17.60 percent; the L 2020, 15.90 percent; and the L 2010, 12.15 percent.

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 GovExec.com.
We think these reports might interest you:

  • Sponsored by G Suite

    Cross-Agency Teamwork, Anytime and Anywhere

    Dan McCrae, director of IT service delivery division, National Oceanic and Atmospheric Administration (NOAA)

  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

  • Federal IT Applications: Assessing Government's Core Drivers

    In order to better understand the current state of external and internal-facing agency workplace applications, Government Business Council (GBC) and Riverbed undertook an in-depth research study of federal employees. Overall, survey findings indicate that federal IT applications still face a gamut of challenges with regard to quality, reliability, and performance management.

  • PIV- I And Multifactor Authentication: The Best Defense for Federal Government Contractors

    This white paper explores NIST SP 800-171 and why compliance is critical to federal government contractors, especially those that work with the Department of Defense, as well as how leveraging PIV-I credentialing with multifactor authentication can be used as a defense against cyberattacks

  • Toward A More Innovative Government

    This research study aims to understand how state and local leaders regard their agency’s innovation efforts and what they are doing to overcome the challenges they face in successfully implementing these efforts.

  • From Volume to Value: UK’s NHS Digital Provides U.S. Healthcare Agencies A Roadmap For Value-Based Payment Models

    The U.S. healthcare industry is rapidly moving away from traditional fee-for-service models and towards value-based purchasing that reimburses physicians for quality of care in place of frequency of care.

  • GBC Flash Poll: Is Your Agency Safe?

    Federal leaders weigh in on the state of information security


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