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.
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:

  • 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.

    Download
  • 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.

    Download
  • 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.

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

    A Look Into the Next Generation of Emergency Services

    Download
  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

    Download
  • 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.

    Download
  • 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.

    Download

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