August ‘difficult month’ for TSP returns

Only the G and F Funds saw positive returns in the month of August.

August was a “difficult month” in terms of Thrift Savings Plan returns, said Tom Trabucco, director of external affairs for the Federal Retirement Thrift Investment Board, which oversees your TSP funds.

Only the G and F Funds saw positive returns in the month of August. Trabucco said in fact, the past four months have been difficult in the markets.

The good news is participation rates in the TSP continue to rise. As of last month, 85.5 percent of FERS employees participate in the TSP. The overall number of FERS participation is 112,000 more compared with one year ago, Trabucco said.

TSP participation among the uniformed services is also up, since it became available in 2002. Currently, about 710,000 uniformed services participate.

Overall, nearly 4.5 million federal employees participate in the TSP.

Thrift Savings Plan August 2011 returns

Fund G Fund F Fund C Fund S Fund I Fund
Month 0.19% 1.45% -5.44% -8.12% -9.03%
YTD 1.85% 5.90% -1.80% -4.62% -5.76%
12 Month 2.60% 4.75% 18.46% 22.84% 10.33%
L Funds L Income L 2020 L 2030 L 2040 L 2050
Month -1.10% -3.69% -4.63% -5.37% -6.16%
YTD 1.24% -0.50% -1.20% -1.76% NA
12 Month 5.72% 11.26% 13.17% 14.67% NA

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