Most TSP Funds Continued to Gain Ground in March

Only the Thrift Savings Plan’s small cap stock index investment fund fell last month.

Every portfolio save one in the federal government’s 401(k)-style retirement savings program continued their strong 2019 performance in March.

The common stocks of the Thrift Savings Plan’s C Fund posted the strongest growth last month, increasing by 1.95 percent. So far in 2019, the portfolio has grown 13.65 percent. And the fixed income (F) fund rebounded from a February that ended in the red, growing 1.93 percent. That brings its 2019 gains to 2.95 percent.

The I Fund, which is made up of international stocks, grew 0.71 percent last month, bringing its 2019 growth to 10.09 percent. And the G Fund, which invests in government securities, grew by the statutorily mandated rate of 0.23 percent last month. Thus far in 2019, the G Fund has grown 0.67 percent.

The S Fund, which invests in small to mid-sized companies, lost 1.03 percent, the only portfolio to lose value in March. Despite the setback, the S Fund still reports a 15.99 percent increase so far this year.

All portfolios in the TSP’s lifecycle funds, which shift to more stable investments as participants get closer to retirement, grew last month. The L Income Fund increased 0.52 percent; L 2020, 0.61 percent; L 2030, 0.87 percent; L 2040, 0.96 percent; and L 2050, 1.02 percent.

So far this year, the L Income Fund grew 3.18 percent; L 2020, 4.25 percent; L 2030, 7.96 percent; L 2040, 9.40 percent; and L 2050, 10.65 percent.