April brought slight improvement for many of the funds in the federal employee Thrift Savings Plan, though two slipped into the red.
International stocks in the I Fund performed best last month, growing 4.11 percent. They gained 10.05 percent for the year so far.
The government securities (G) fund and the common stocks in the C Fund also were in the black for April, though their gains were small. The G Fund earned 0.15 percent for the month and the C Fund was up 0.96 percent. The G Fund was up 0.62 percent for 2015 and the C Fund, 1.94 percent for the year to date.
The fixed income bonds in the F Fund and the S Fund, invested in small and midsize companies, were the only two offerings that ended April in the red. Both had seen growth in March, with the S Fund actually the best performer that month.
The S Fund was down 1.5 percent for April and the F Fund lost 0.28 percent for the month. Both remained positive for 2015, with the S Fund earning 3.81 percent and the F Fund, 1.4 percent.
The lifecycle funds – designed to move investors to a safer portfolio as they near retirement – all ended April in the black, in contrast to the previous month where they all lost ground. The L Income fund, for those who have already started withdrawing money, was up 0.37 percent for April; L 2020 was up 0.81 percent; L 2030 increased 0.95 percent; L 2040 gained 1 percent; and L 2050 grew 1.16 percent.
The lifecycle funds’ returns for 2015 were all positive as well, with L Income up 1.41 percent; L 2020, 2.73 percent; L 2030, 3.32 percent; L 2040, 3.69 percent; and L 2050, 4.16 percent.
(Image via Pavel Ignatov / Shutterstock.com)