TSP Sees Modest Growth in May

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Two of the Thrift Savings Plan’s funds, including international stocks, were in the red in May.

The I Fund fell 0.42 percent last month, after performing the best of the TSP funds in April. So far this year the fund has grown 9.59 percent.

Fixed income bonds (F) fund also took a dip in May, losing 0.26 percent. The F Fund, which lost 0.28 in April, has gained 1.13 percent in 2015.

The other three main TSP funds increased in May. The C Fund, invested in common stocks, rose 1.29 percent, while the S Fund, invested in small and midsize companies, grew 1.84 percent. The common stocks gained 3.26 percent so far this year, and the S Fund, 5.71 percent. The government securities (G) fund, the safest of the TSP offerings, inched up 0.17 percent in May, increasing 0.79 percent since January.

The lifecycle funds – designed to move investors to a safer portfolio as they near retirement – all ended May in the black, as they did in April. The L Income fund, for those who have already started withdrawing money, rose 0.30 percent in May; L 2020 was up 0.50 percent; L 2030 increased 0.62 percent; L 2040 gained 0.72 percent; and L 2050 grew 0.78 percent.

The lifecycle funds’ returns for the first five months of 2015 were all positive as well, with L Income up 1.72 percent; L 2020, 3.25 percent; L 2030, 3.96 percent; L 2040, 4.43 percent; and L 2050, 4.97 percent. 

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