The Thrift Savings Plan closed out 2012 with strong showings by nearly all the funds — both for the month of December and the year.
The C, S and the I Funds posted the largest gains last year. The C Fund, which matches the performance of stocks in the S&P 500, was up 16.07 percent. The S Fund, which tracks stocks not included in the S&P 500, posted gains of 18.57 percent. And the I Fund, which tracks a suite of international stocks, was up 18.62 percent at the end of 2012.
That’s a far cry from last year, when both the S and I Funds posted negative returns for the year, and the C Fund saw only modest gains.
The G and the F Funds posted more modest gains for the year — 1.47 percent and 4.29 percent, respectively — both below last year’s levels.
However, the Lifecycle Funds, a mix of fund investments targeted to when participants will begin withdrawing funds from their accounts, posted solid gains for the year well, above last year’s returns.
Aside from the L 2050, which was launched last year, the L 2040 posted the largest gains posting returns for the year — 14.27 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.