TSP Funds Grow for Second Month in a Row

The retirement funds in the federal employee Thrift Savings Plan all ended April in the black, following a solid performance in March as well.

The international stocks in the I Fund grew the most for April, gaining 1.89 percent. The I Fund was still slightly in the red for the year to date, however, with losses of 0.39 percent since January.

The S Fund, invested in the stocks of small and midsize companies, great 1.73 percent in April and was up 1.02 percent for 2016.

» Get the best federal news and ideas delivered right to your inbox. Sign up here.

Common stocks in the C Fund had the most modest growth of the stock-based options last month, gaining 0.39 percent in April. They were up 1.77 percent for the year to date, though.

The fixed income bonds in the F Fund earned 0.41 percent in March and 3.55 percent for 2016, and the government securities (G) fund gained 0.14 percent for April and 0.63 percent for the year to date.

The lifecycle funds, which move investors to less risky portfolios as they near retirement, all gained ground in April as well. L Income, for participants who have already started withdrawing money, was up 0.34 percent. L 2020 was up 0.58 percent; L 2030, 0.75 percent; L 2040, 0.85 percent; and L 2050, 0.95 percent.

The L Funds were up for the year to date too, with L Income increasing 0.96 percent; L 2020, 1.05 percent; L 2030, 1.14 percent; L 2040, 1.15 percent; and L 2050, 1.10 percent. 

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.

    Download
  • 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.

    Download
  • 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.

    Download
  • GBC Issue Brief: The Future of 9-1-1

    A Look Into the Next Generation of Emergency Services

    Download
  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

    Download
  • 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.

    Download
  • 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.

    Download

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