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TSP Portfolios Post Modest Growth in October

All funds in the federal government’s 401(k)-style retirement savings program saw minor gains last month.

All of the offerings in the federal government’s 401(k)-style retirement savings program ended October in the black, boasting modest increases in value.

The international stocks of the Thrift Savings Plan’s I Fund led the way, growing 3.6% last month. So far this year, the fund is up 17.28%.

The C Fund’s large- and mid-size businesses gained 2.16% in October, bringing its 2019 growth to 23.14%. The small- and mid-size businesses of the S Fund increased 1.93% last month. So far this year, it has grown 19.83%.

The fixed income bonds in the F Fund grew 0.28% last month, bringing its 2019 gains to 8.82%. The G Fund, which is made up of government securities, increased 0.14%. So far this year, the G Fund has increased 1.93%.

All of the TSP’s lifecycle (L) funds, which shift to more stable investments as participants get closer to retirement, grew last month. The L Income Fund, for people who have already begun making withdrawals, increased 0.70%; L 2020, 0.79%; L 2030, 1.67%; L 2040, 1.95%; and L 2050, 2.20%. So far this year, the L Income Fund has grown 6.06%; L 2020, 7.55%; L 2030, 13.47%; L 2040, 15.72%; and L 2050, 17.61%.