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TSP Funds Show Slight Signs of Improvement in February

Still, many ended the month in the red or with very small gains.

February was slightly better than January for the funds in the federal employee Thrift Savings Plan, but it still was not a great month for retirement investments.

International investments in the I Fund and common stocks in the C Fund again ended the month in the red. The I Fund was down the most for February, losing 2.82 percent. The C Fund slipped 0.12 percent for the month. Both funds were well in the red for the year-to-date, as well. International stocks fell 8.28 percent for the year, while common stocks lost 5.07 percent.

The small and midsize companies in the S Fund were down almost as much as international stocks for the year-to-date, with losses of 8.26 percent. But the S Fund performed better for the month of February, with gains of 0.5 percent.

The usually-steady government securities (G) and fixed income bond (F) funds also had small gains in February. The G Fund was up 0.15 percent for the month and 0.34 percent for the year to date. The F Fund grew 0.68 percent for the month and 2.18 percent for the year so far.

TSP’s lifecycle offerings – which move investors to more conservative portfolios as they near retirement – were all slightly in the red for February, with the exception of the L Income fund for people who have started making withdrawals. L Income was up 0.01 percent last month. The L 2020 fund was down 0.24 percent; L 2030, 0.41 percent; L 2040, 0.51 percent; and L 2050, 0.63 percent.

The lifecycle funds all lost ground for the year to date as well. L Income fell 0.90 percent; L 2020, 2.79 percent; L 2030, 3.97 percent; L 2040, 4.70 percent; and L 2050, 5.46 percent. 

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