TSP Wilts in March

wongwean/Shutterstock.com

March returns for the Thrift Savings Plan were lackluster, with modest gains for some funds and others in the red.

The C Fund, invested in common stocks, inched up 0.85 percent last month after a 4.58 percent rebound in February. The fund has grown 21.93 percent during the last 12 months.

The always reliable G Fund, invested in government securities, also grew just barely in March, increasing 0.19 percent. It has gained 2.09 percent during the last 12 months.

That’s where the good news ends for March. The I, S and F funds all fell last month, after posting positive returns in February. International stocks dropped 0.57 percent, while the S Fund -- invested in small and midsize companies and tracking the Dow Jones Wilshire 4500 Index – decreased 0.69 percent. Also in the negative column for March: the F (fixed income) Fund, which dipped 0.15 percent. During the last 12 months, the I Fund has increased 17.94 percent; the S Fund has gained 25.64 percent; and the F Fund has risen just 0.33 percent.

The lifecycle (L) funds -- designed to move investors to less risky portfolios as they near retirement -- all yielded positive returns in March, as they did in February. Still, their rates of return were smaller than in February. The L Income Fund for TSP participants who already have started withdrawing money gained 0.19 percent last month. L 2020 increased 0.17 percent in March; L 2030 gained 0.14 percent; L 2040 was up 0.12 percent; and L 2050 saw a tiny 0.09 percent boost.

Over the last 12 months, L Income is up 5.72 percent; L 2020, 11.93 percent; L 2030, 14.73 percent; L 2040, 16.78 percent; and L 2050, 18.76 percent.

(Image via wongwean/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:

  • 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.