TSP Funds Improve in November

The Thrift Savings Plan fared better in November than it did in October, with all but two of its offerings in the black.

The S Fund, invested in small- and midsize companies, rebounded last month, increasing 7.95 percent. This made it the TSP’s top performer in November, according to the latest numbers from the board that oversees the government’s 401(k)-style retirement savings program. The fund has risen 14.28 percent since the beginning of 2016.

Common stocks in the C Fund also revived last month, rising 3.71 percent. The fund has increased 9.84 percent since January.

International stocks fell again in November, dipping 1.99 percent, and have lost 1.29 percent for the year to date. Fixed income bonds also were in the red, falling 2.35 percent last month. The F Fund has increased 2.75 percent for the year to date.

The lifecycle (L) funds, which move investors to a less risky portfolio as they get closer to retirement, were all up in November, after a negative October. L Income – for people who have already started making withdrawals – increased 0.49 percent for the month. L 2020 rose 1.05 percent in November; L 2030, 1.57 percent; L 2040, 1.87 percent; and L 2050, 2.19 percent.

The L Funds were all in the black for the year to date, with greater gains in the funds designed for participants further from retirement. L Income was up 2.93 percent for the year to date; L 2020, 4.29 percent; L 2030, 5.40 percent; L 2040, 5.97 percent; and L 2050, 6.48 percent.

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