TSP's C Fund continues to drop in October

The Thrift Savings Plan's C Fund-which invests in common stocks- continued to fall in October following a sharp drop in September, according to the latest statistics from the Federal Retirement Thrift Investment Board.

Following a September decline of 5.27 percent, the C Fund fell 0.40 percent in October-the seventh time the C fund has dropped this year.

The F Fund (fixed-income bonds) was up 0.66 percent, while the G Fund (government securities) gained 0.51 percent.

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

The C Fund is up 6.01 percent over the past year (October 1999 to October 2000), the F Fund is up 7.36 percent and the G Fund is up 6.51 percent.

For a daily index of the performance of the C Fund, see the "TSP Ticker" on the front page of GovExec.com.