Most TSP funds were flat in February

Most portfolios in the federal government’s 401(k)-style retirement savings program were relatively flat last month, with just one fund exceeding 2% growth and another ending February in the red.

The Thrift Savings Plan’s international (I) was the lone bright spot, gaining 6.05% last month. So far this year, the I Fund has grown 12.34%. Meanwhile, the small-and mid-size businesses of the S Fund increased 1.08% in January, bringing its returns since January to 3.52%.

The fixed income (F) fund gained 1.63% in February; so far this year, it has increased 1.84%. And the G Fund, which is made up of government securities, grew by its statutorily mandated rate of 0.33%. So far in 2026, the G Fund has increased 0.70%.

The common stocks of the C Fund were the only TSP offerings to lose value last month, falling 0.76%. So far this year, the C Fund is up 0.68%.

Each of the TSP’s lifecycle (L) funds, which shift toward more conservative investments as participants get closer to retirement, posted modest gains in February. The L Income Fund, designed for those who have already begun making withdrawals, increased 0.82%; L 2030, 1.26%; L 2035, 1.41%; L 2040, 1.50%; L 2045, 1.58%; L 2050, 1.65%; L 2055, 1.82%; L 2060, 1.82%; L 2065, 1.82%; L 2070, 1.82%: and L 2075, 1.82%.

So far this year, the L Income Fund has grown 1.95%; L 2030, 3.23%; L 2035, 3.62%; L 2040, 3.88%; L 2045, 4.10%; L 2050, 4.31%; L 2055, 4.99%; L 2060, 4.99%; L 2065, 4.99%; L 2070, 4.99%; and L 2075, 4.99%.