For the second month in a row, performance in all 10 of the Thrift Savings Plan funds posted positive returns, with double-digit gains in many of the funds year-to-date.
The biggest gains came in the following funds: the C Fund (up 2.57 percent), which tracks the performance of the S&P 500; the S Fund (up 2.51 percent), which matches the Dow Jones Completion Index, made up of companies not included in the S&P 500; and the I Fund (up 2.96 percent), which tracks international stocks.
The second month of mostly modest gains in these and the other funds pushed up the year-to-date and 12-month performance for many of the funds.
The C and the S Funds are both up about 16 percent for the year and about 30 percent for the last 12 months.
Returns for the Lifecycle funds, a mix of investment options targeted to an investor’s expected retirement date, were similar to their performance in August. Over the last 12 months, the L 2040 and L 2050 are up significantly.
The G Fund, which invests in government-backed securities, posted returns of 0.10 percent, down slightly from August. The F Fund, which invests in government bonds, posted returns of 0.15 percent, doubling what it did in August.
Francis Rose is the host of In Depth, which airs weekdays from 4-7 p.m. on 1500 AM in the Washington, DC 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 as the producer and news anchor of the station’s morning drive program, the Federal Drive. He launched In Depth in 2008 as a daily show focused on connecting federal executives to the information they need to do their jobs better.