TSP Funds Mostly in the Red for June

The Thrift Savings Plan’s government securities fund was the only offering that didn’t take a dive in June, according to the latest figures.

The G fund, the TSP’s most stable offering, gained 0.14 percent last month, up slightly from 0.12 percent in May. All the other funds, though, were in the red in June.

International stocks had the worst month of the portfolio, falling 2.77 percent. The I Fund decreased 3.12 percent in May, but is up 3.51 percent since January. During the last 12 months, the fund has gained 18.91 percent.

The C Fund, invested in common stocks, dipped 1.34 percent in June, after gaining in May and April. The fund is up 20.58 percent over the last 12 months and 13.83 percent since the beginning of the year.

The TSP’s fixed income (F) fund, which has not performed well during the last 12 months, declined 1.53 percent in June. The fund has lost 2.28 percent since January and 0.48 percent since June 2012.

The S Fund -- which is invested in small and midsize companies and tracks the Dow Jones Wilshire 4500 Index -- lost 0.99 percent in June and has increased 25.66 percent during the last 12 months, the highest overall return of all TSP offerings for that time.

The lifecycle funds, designed to move investors to less risky portfolios as they near retirement, lost ground in June. L Income -- for TSP participants who have already started withdrawing money -- fell 0.30 percent; L 2020 decreased 0.94 percent; L 2030 lost 1.20 percent; L 2040 slipped 1.40 percent; and L 2050 fell 1.59 percent.

Lifecycle investments all have yielded positive returns for the past 12 months, with L Income gaining 5.09 percent, L 2020 up 11.66 percent, L 2030 increasing 14.42 percent, L 2040 rising 16.49 percent and L 2050 jumping 18.51 percent.

(Image via Gunnar Pippel/Shutterstock.com)