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 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.