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:

  • Sponsored by G Suite

    Cross-Agency Teamwork, Anytime and Anywhere

    Dan McCrae, director of IT service delivery division, National Oceanic and Atmospheric Administration (NOAA)

    Download
  • Data-Centric Security vs. Database-Level Security

    Database-level encryption had its origins in the 1990s and early 2000s in response to very basic risks which largely revolved around the theft of servers, backup tapes and other physical-layer assets. As noted in Verizon’s 2014, Data Breach Investigations Report (DBIR)1, threats today are far more advanced and dangerous.

    Download
  • Sponsored by One Identity

    One Nation Under Guard: Securing User Identities Across State and Local Government

    In 2016, the government can expect even more sophisticated threats on the horizon, making it all the more imperative that agencies enforce proper identity and access management (IAM) practices. In order to better measure the current state of IAM at the state and local level, Government Business Council (GBC) conducted an in-depth research study of state and local employees.

    Download
  • Sponsored by Aquilent

    The Next Federal Evolution of Cloud

    This GBC report explains the evolution of cloud computing in federal government, and provides an outlook for the future of the cloud in government IT.

    Download
  • Sponsored by LTC Partners, administrators of the Federal Long Term Care Insurance Program

    Approaching the Brink of Federal Retirement

    Approximately 10,000 baby boomers are reaching retirement age per day, and a growing number of federal employees are preparing themselves for the next chapter of their lives. Learn how to tackle the challenges that today's workforce faces in laying the groundwork for a smooth and secure retirement.

    Download
  • Sponsored by Hewlett Packard Enterprise

    Cyber Defense 101: Arming the Next Generation of Government Employees

    Read this issue brief to learn about the sector's most potent challenges in the new cyber landscape and how government organizations are building a robust, threat-aware infrastructure

    Download
  • Sponsored by Aquilent

    GBC Issue Brief: Cultivating Digital Services in the Federal Landscape

    Read this GBC issue brief to learn more about the current state of digital services in the government, and how key players are pushing enhancements towards a user-centric approach.

    Download

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