The Thrift Savings Plan posted positive gains in all but one of its funds in February, although these gains were smaller than those seen in January.
After seeing a 6.96 percent increase in January, the S Fund saw just a 1 percent increase in February. The I Fund finished down -0.99 percent after seeing 4.45 percent growth in January. The F Fund, however, posted a small gain of 0.51 percent in February after seeing a -0.56 percent drop in January.
The remaining funds all posted positive numbers in February, though at a lower rate of growth than in January.
Strong numbers over the last 12 months helped to keep the TSP in the positive overall. Even with lower gains in February, all 10 funds posted positive averages over the last year, with five funds posting gains in the double digits.
Tom Temin is the host of The Federal Drive, which airs from 6-10 a.m. on 1500 AM in the Washington, D.C. region and online everywhere. Tom has 30 years experience in journalism, mostly in technology markets. Before coming to Federal News Radio, he was a long-serving editor-in-chief of Government Computer News and Washington Technology magazines.