Modest Gains for TSP in February


Investment funds in the Thrift Savings Plan had a lackluster February, after starting the year strong in January.

All the plan’s funds posted positive returns for February, except the one invested in international stocks, which dropped 0.99 percent. The I Fund increased 4.45 percent in January; during the last 12 months the fund gained 10.75 percent.

The other funds’ gains last month were modest compared to January’s returns. The C Fund, which had the highest return of the funds in February, increased 1.36 percent, after earning 5.18 percent in January. The fund, invested in common stocks, rose 13.5 percent during the last 12 months.

The S Fund -- which is invested in small and midsize companies and tracks the Dow Jones Wilshire 4500 Index – was up 1 percent last month, compared to 6.96 percent in January. The S Fund was the TSP’s top performer in January. It has gained 14.48 percent during the last 12 months. The fixed (F) income fund actually performed better in February than in January, increasing 0.51 percent last month, and rising 3.27 percent during the past 12 months.

The TSP’s most stable offering, the government securities in the G fund stayed the same, earning 0.13 percent in both February and January. That fund earned 1.47 percent during the last 12 months. The Treasury Department recently made whole the federal pension coffers it tapped during the latest debt ceiling debacle, reinvesting $28 billion back into the G fund.

The lifecycle funds, designed to move investors to less risky portfolios as they near retirement, were all in the black for February, although the returns were not as robust as January. L Income – for TSP participants who have already started withdrawing money – earned 0.27 percent; L 2020 increased 0.41 percent; L 2030 was up 0.49 percent; L 2040 grew 0.54 percent; and L 2050 came in at 0.56 percent.

Lifecycle investments also have performed respectably for the past 12 months, with L Income gaining 3.96 percent, L 2020 up 7.94 percent, L 2030 increasing 9.54 percent, L 2040 bringing in 10.72 percent and L 2050 at 11.78 percent.

(Image via ramcreations/

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:

  • Forecasting Cloud's Future

    Conversations with Federal, State, and Local Technology Leaders on Cloud-Driven Digital Transformation

  • The Big Data Campaign Trail

    With everyone so focused on security following recent breaches at federal, state and local government and education institutions, there has been little emphasis on the need for better operations. This report breaks down some of the biggest operational challenges in IT management and provides insight into how agencies and leaders can successfully solve some of the biggest lingering government IT issues.

  • Communicating Innovation in Federal Government

    Federal Government spending on ‘obsolete technology’ continues to increase. Supporting the twin pillars of improved digital service delivery for citizens on the one hand, and the increasingly optimized and flexible working practices for federal employees on the other, are neither easy nor inexpensive tasks. This whitepaper explores how federal agencies can leverage the value of existing agency technology assets while offering IT leaders the ability to implement the kind of employee productivity, citizen service improvements and security demanded by federal oversight.

  • IT Transformation Trends: Flash Storage as a Strategic IT Asset

    MIT Technology Review: Flash Storage As a Strategic IT Asset For the first time in decades, IT leaders now consider all-flash storage as a strategic IT asset. IT has become a new operating model that enables self-service with high performance, density and resiliency. It also offers the self-service agility of the public cloud combined with the security, performance, and cost-effectiveness of a private cloud. Download this MIT Technology Review paper to learn more about how all-flash storage is transforming the data center.

  • Ongoing Efforts in Veterans Health Care Modernization

    This report discusses the current state of veterans health care


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