June was a strong month for the Thrift Savings Plan, with all the funds in the black, according to the latest statistics from the Federal Retirement Thrift Investment Board.
The S Fund, invested in small and midsize companies and tracking the Dow Jones Wilshire 4500 Index, rose 4.45 percent in June, after rebounding in May from a two-month stay in the red. The fund has grown 26.95 percent in the last 12 months. The C Fund, invested in common stocks, also had a decent June, increasing 2.07 percent and gaining 24.71 percent since June 2013. The C Fund grew 2.35 percent in May.
TSP’s international (I) fund continued its upward climb, increasing 0.99 percent last month. The fund has picked up 23.97 percent since June 2013.
The fixed income (F) and government securities (G) funds experienced modest growth, inching up 0.14 percent and 0.19 percent, respectively. The F Fund has increased 5 percent during the last 12 months, while the G Fund has gained 2.3 percent over that time.
The lifecycle (L) funds -- designed to move investors to less risky portfolios as they near retirement -- all yielded positive returns in June, as they have the past few months. The L Income Fund for TSP participants who already have started withdrawing money gained 0.58 percent last month. L 2020 increased 1.19 percent in June; L 2030 gained 1.52 percent; L 2040 was up 1.77 percent; and L 2050 saw a 1.96 percent boost.
Over the last 12 months, L Income is up 6.74 percent; L 2020, 13.99 percent; L 2030, 17.3 percent; L 2040, 19.7 percent; and L 2050, 22.03 percent.