Most TSP Funds Gained Ground in November

The F Fund was the sole loser among federal retirement portfolios last month.

Most of the funds in the federal government’s 401(k)-style retirement savings program continued to gain in value in November, putting employees and retirees in position for a strong end of 2017.

The common stocks of the C Fund led the pack for the Thrift Savings Plan last month, growing by 3.07 percent. That brings the portfolio’s total 2017 growth to 20.49 percent. The small- and mid-size businesses in the S Fund also saw strong gains, increasing by 2.90 percent in November and 17.67 percent overall this year.

The I Fund, which is made up of international stocks, slowed down in November, but remained in the black. It increased 1.06 percent last month, bringing its 2017 return up to 23.44 percent.

The G Fund, made up of government securities, continued to grow moderately at 0.19 percent in November. Its growth this year is now up to 2.12 percent. But the fixed income (F) fund lost ground last month, dropping 0.11 percent and bringing its 2017 growth down to 3.33 percent.

TSP’s lifecycle (L) funds, which shift investments toward more stable portfolios as participants get closer to retirement, all saw modest gains in November. The L Income Fund, designed for people who have already begun monthly withdrawals, grew 0.63 percent. The L 2020 increased by 0.99 percent; L 2030, 1.55 percent; L 2040, 1.80 percent; and L 2050, 2.03 percent.

In 2017, the L Income grew 5.76 percent; L 2020, 9.23 percent; L 2030, 13.61 percent; L 2040, 15.71 percent; and L 2050, 17.63 percent.