TSP investments continued to tumble in July

Most funds offered as part of the federal government’s 401(k)-style retirement savings program finished July in the red, continuing the downward trend that began the prior month.

Only the Thrift Savings Plan’s G Fund, which is made up of government securities, grew last month, increasing by its statutorily mandated rate of 0.39%. So far this year, the G Fund has gained 2.57% in value.

The common stocks of the C Fund were virtually flat in July, falling 0.07% and bringing its 2026 performance down to 10.13%. And the international (I) fund lost 1.01% last month; since January, the I Fund is up 15.35%.

The small- and mid-size businesses of the S Fund finished July 4.12% in the red. So far this year, the S Fund has gained 13.52%. And the fixed income (F) Fund lost 1.29% last month, bringing its 2026 losses to 0.56%.

Each of the TSP’s lifecycle (L) funds, which shift toward more conservative investments as participants approach retirement age, likewise lost ground in July. The L Income Fund, designed for those who have already begun making withdrawals, fell 0.06%; L 2030, 0.41%; L 2035, 0.57%; L 2040, 0.66%; L 2045, 0.73%; L 2050, 0.79%; L 2055, 0.92%; L 2060, 0.92%; L 2065, 0.92%; L 2070, 0.92%; and L 2075, 0.92%.

So far this year, the L Income Fund has grown 5.18%; L 2030, 7.89%; L 2035, 8.93%; L 2040, 9.48%; L 2045, 10.45%; L 2050, 12.36%; L 2055, 12.36%; L 2060, 12.36%; L 2065, 12.36%; L 2070, 12.36%; and L 2075, 12.36%.