The Federal Retirement Thrift Investment Board has reported that in June, the Thrift Saving's Plan's C Fund--which invests in common stocks--was up 4 percent, following a 1.7 percent drop in May.
The F Fund (fixed-income bonds) dropped from a rise of 0.95 percent in May to 0.85 percent in June. The G Fund (government securities) stayed relatively stable with a return rate of 0.48 percent, down slightly from May's return of 0.51 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 30 percent, the F Fund 10.5 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.
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