TSP funds finish April with mixed results

More than half of Thrift Savings Plan funds finished April in the red after posting mostly positive returns in 2012.

The I Fund, invested in international stocks, lost the most in April, dropping 1.87 percent. The fund, often troubled in 2011, experienced a small uptick in March and posted positive returns in both February and January of this year. The I Fund has posted losses of more than 12 percent in the past 12 months.

TSP’s S Fund, which is invested in small and midsize companies and tracks the Dow Jones Wilshire 4500 Index, posted a loss of 0.71 percent in April. The fund was down 1.24 percent in the past 12 months but up 13.64 percent so far in 2012.

The C Fund, invested in stocks on Standard & Poor’s 500 Index, lost 0.62 percent in April after climbing 3.3 percent in March and 4.34 percent in February. Both the F Fund, which is invested in fixed-income bonds, and the G fund, comprised of government-backed securities, ended April in the black, up 1.12 percent and 0.15 percent, respectively.

All the TSP’s life-cycle funds ended April in the red, except for the L Income Fund, which is for federal employees who have reached their target retirement date and already have started withdrawing money. Even that fund was nearly flat in April, with 0.01 percent growth, after rising 0.54 percent in March and 2.73 percent this year.

The L2020 lost 0.38 in April; it has increased 6.52 percent since the start of 2012. The L 2030 lost 0.52 in March but has gained more than 8 percent so far this year. The L2040 lost 0.63 percent in April but has gained more than 9 percent in 2012 overall. The L2050 has posted a 0.78 loss for the month; it has gained more than 10 percent so far but has posted a loss of 0.73 in the last 12 months. The life-cycle funds are designed to move TSP enrollees into less risky portfolios as they near retirement.

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.

    View
  • 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.

    View
  • 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.

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

    A Look Into the Next Generation of Emergency Services

    View
  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

    View
  • 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.

    View
  • 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.

    View

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