After a dull October, funds in the Thrift Savings Plan bounced back in November with all funds posting modest gains for the month.
The TSP’s performance in November marks a return to a mostly strong year for feds’ 401(k)-style retirement-savings plan after a bit of a backslide last month.
The I Fund, invested in international stocks, posted the largest gains — 2.41 percent — after a modest gain last month.
The C and the S Funds, which both posted in negative territory last month, were solidly back on positive terrain.
November was the third month this year in which all TSP funds, including the Lifecycle Funds (a mix of investments targeted to when TSP participants will begin withdrawing from their accounts) posted gains.
Year-to-date, the S Fund is up 15.46 percent — the highest among the regular funds — followed closely by the C Fund at 15.03 percent. The I Fund is up 14.04 percent for the year.
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.