TSP Rebounds in February

Sergey Nivens/Shutterstock.com

The Thrift Savings Plan bounced back to a strong performance in February, seeing across-the- board gains after spending January mostly in the red.

A turn in the markets carried the TSP to a positive month after January, which proved to be an outlier in what generally has been a very strong last six months.

The I, S and C Funds all saw significant growth in February, with international stocks increasing the most. The I Fund grew 5.58 percent in February and has risen 19.66 percent in the last 12 months. The S Fund, invested in small and midsize companies and tracking the Dow Jones Wilshire 4500 Index, saw a 5.43 percent bump, and has improved by 32.45 percent in the last 12 months -- the most of any of TSP’s offerings in that time period. The C fund -- which is invested in common stocks and fell by nearly 3.5 percent in January -- ended last month up 4.58 percent and gained 25.44 percent in the last year.

The F Fund (fixed income) continued its positive momentum after ending 2013 in the red. The offering grew 0.62 percent and is up 0.55 percent in the last year. The G Fund, invested in government securities, continued its stable growth of 0.18 percent, and is up 2.03 percent in the last 12 months.

The L Funds -- designed to move investors to less risky portfolios as they near retirement -- all yielded across-the-board positive returns in February. The L Income Fund for TSP participants who already have started withdrawing money gained 1.15 percent last month. L 2020 increased 2.73 percent last month; L 2030 gained 3.44 percent; L 2040 was up 3.94 percent; and L 2050 saw a 4.44 percent boost.

Over the last 12 months, L Income is up 6.29 percent; L 2020, 13.63 percent; L 2030, 17 percent; L 2040, 19.49 percent; and L 2050, 21.87 percent.

(Image via Sergey Nivens/Shutterstock.com)

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:

  • Forecasting Cloud's Future

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

    Download
  • 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.

    Download
  • 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.

    Download
  • 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.

    Download
  • Ongoing Efforts in Veterans Health Care Modernization

    This report discusses the current state of veterans health care

    Download

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