The Thrift Savings Plan's C Fund-which invests in common stocks-slid again in July, following a slight rebound in June, according to the latest statistics from the Federal Retirement Thrift Investment Board.
The C Fund was down 1.56 percent in July, the fifth time this year that the monthly rate has decreased.
The F Fund (fixed-income bonds) was up 0.89 percent, while the G Fund (government securities) held a steady 0.53 percent gain, the same as in June.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
The C Fund is up 8.85 percent over the past year (July 1999 to July 2000), the F Fund is up 6 percent and the G Fund is up 6.56 percent.
For a daily index of the performance of the C Fund, see the "TSP Ticker" on the front page of GovExec.com. For more TSP information, see the Thrift Savings Plan Guide.