Returns for most of the Thrift Savings Plan basic funds continued inching up in July, with only the S Fund, pegged to stocks of small and medium-sized U.S. companies, dipping into the red for the month.
The G Fund, made up of government-backed securities, which posted returns of 0.12 percent, remained almost unchanged from a month ago. Year-to-date it’s up 0.91 percent.
The F Fund posted a jump of nearly 1 percent — from 0.05 percent to 1.38 percent.
However, the C, S and I Fund all fell slightly from last month, but stayed in positive territory. Returns for the I Fund, which tracks international stocks, posted the largest fall — from 7.08 percent in June to just 0.56 percent this month.
The L Funds — a mix of the core funds that correspond to the date when the employee will begin drawing benefits after retirement — all posted modest gains.
Year-to-date, all of the funds are in the black, with the C Fund up more than 11 percent and the S Fund posting gains of more than 8.5 percent.
However, while the I Fund is up 3.83 percent since the the start of the year, over the last 12 months, the fund is down more than 11.6 percent.
Francis Rose is the host of In Depth, which airs weekdays from 8-10 a.m. on 1500 AM in the Washington, D.C. metro area and online everywhere. Francis has covered all three branches of the federal government as a broadcast journalist since 1998. He joined Federal News Radio in 2006, and launched In Depth in 2008 as a daily show focused on connecting federal executives to the information they need to do their jobs better.