All of the funds in the Thrift Savings Plan were in the black last month, a major improvement from the TSP’s August and September returns.
Common stocks and international stocks experienced the biggest increases, with the C Fund jumping 8.45 percent in October and the I Fund gaining 7.07 percent. The small and midsize companies represented in the S Fund also had a good month, rising 5.61 percent in October.
The G fund, invested in government securities, grew 0.17 percent last month, and fixed income bonds (the F Fund) inched up 0.02 percent in October. In September, the G and F funds were the only two offerings that ended the month in the black.
TSP returns for the year to date were mixed: The C Fund was up 2.76 percent in October since January; the F Fund gained 1.46 percent during that time; the G Fund increased 1.68 percent; the S Fund decreased 0.71 percent; and the I Fund was up 2.43 percent.
The lifecycle offerings – which move investors to less risky portfolios as they near retirement – all posted positive returns in October after spending September in the red. L Income, for people who have already started withdrawing money, was up 1.64 percent; L 2020 gained 3.72 percent; L 2030 increased 4.88 percent; L 2040, 5.58 percent; and L 2050, 6.31 percent.
The L Fund returns for the year to date were all in the black. L Income was up by 1.96 percent; L 2020, 2.12 percent; L 2030, 2.19 percent; L 2040, 2.13 percent; and L 2050, 2.10 percent.
(Image via bluebay / Shutterstock.com)