TSP Grows Across All Funds in April

The funds in the federal employee 401(k)-style retirement savings plan all saw modest gains in April, bouncing back from a relatively stagnant March.

International stocks in the Thrift Savings Plan’s I Fund continued their upward trajectory, boasting the highest gains in April, at 2.62 percent. They have increased 10.16 percent for the year to date.

The S Fund, which is made up of small- and midsize companies, was up 1.15 percent in April, for total growth in 2017 of 5.78 percent. The C Fund’s common stocks similarly grew by 1.03 percent last month. That brings the fund’s growth since January to 7.16 percent.

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The TSP’s most stable option, the government securities (G) fund, grew by 0.20 percent last month, bringing gains since January to 0.78 percent. And the fixed income (F) fund saw a 0.81 percent increase in April, for a total of a 1.75 percent increase in 2017.

TSP’s lifecycle (L) funds, which shift investments toward a more stable portfolio as enrollees get closer to retirement, all saw gains last month as well. The L Income fund, designed for those who have already begun withdrawing money, was up 0.50 percent. L 2020 increased 0.76 percent in April; L 2030, 1.07 percent; L 2040, 1.21 percent; and L 2050, 1.34 percent.

Those gains continued the L Funds’ steady growth for 2017 so far, with funds designed for employees furthest away from retirement showing the strongest performance. L Income was up 2.24 percent for the year to date; L 2020, 3.69 percent; L 2030, 5.24 percent; L 2040, 6 percent; and L 2050, 6.69 percent. 

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