The Federal Retirement Thrift Investment Board has reported that in February the Thrift Savings Plan's C Fund-which invests in common stocks-dropped 3.09 percent, following a 4.19 percent rise in January.
After gaining 0.71 percent in January, the F Fund (fixed-income bonds) dropped 1.74 percent in February. The G Fund (government securities) stayed relatively stable with a return rate of .38 percent, down slightly from January's return of 0.42 percent.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
Over the past year (Feb. 1998-Feb. 1999), the C Fund is up 19.64 percent, the F Fund 6.29 percent and the G Fund 5.59 percent.
For more TSP information, see GovExec.com's Thrift Savings Plan update.