TSP's C Fund down slightly

DAILY BRIEFING

TSP's C Fund down slightly

The Federal Retirement Thrift Investment Board has reported that in May, the Thrift Saving's Plan's C Fund (investing in common stocks) was down 1.7 percent, following a 1 percent increase in April.

The F Fund (fixed-income bonds) increased .95 percent, in May, up from an April return of .52 percent. The G Fund (government securities) stayed relatively stable with a return rate of .51 percent, up slightly from April's return of .49 percent.

The monthly C, F, and G Fund returns reflect net earnings on the changing balances invested during the month.

Over the past year, the C Fund is up 31 percent, the F Fund 11 percent and the G Fund 6 percent.

From now until July 31, federal employees have the opportunity to start contributing to a TSP account or to change account contribution levels. Participants can also change the way future payroll contributions are invested in the three TSP funds during the open season. The next open season will be from Nov. 15 to Jan. 31.

For more TSP information see GovExec.com's Thrift Savings Plan update.