Pay & Benefits

TSP returns hold steady through January

The Thrift Savings Plan began 2013 almost exactly how it left off last year. All the regular funds — with the exception of the F Fund, made up of government b...

Jack Moore

February 1, 2013 5:04 pm

1 min read

The Thrift Savings Plan began 2013 almost exactly how it left off last year. All the regular funds — with the exception of the F Fund, made up of government bonds — and all the target-date Lifecyle Funds posted in positive territory for the month of January.

In fact, the C Fund, which matches the performance of the S&P 500 index and the S Fund, which tracks a broader market of company stocks not covered by the S&P 500, bettered their December performance — posting returns of 5.18 percent and 6.96 percent, respectively.

The I Fund, a mix of international stocks, was up 4.45 percent for the month.

Over the past year, the C, S and I Funds have made steady and often substantial gains, with each fund up about 17 percent over the past 12 months.

The G Fund held steady at 0.13 percent in January, while the F Fund, down 0.56 percent, continued a two-month negative streak.

The L Funds opened the year with a strong showing, with the L Income up 1.10 percent. The L 2050 posted the largest gains among the target-date funds — 4.63 percent.

Overall, January was a strong month for the stock market. The S&P’s 5 percent gain last month made it the 12th best January since 1950, according to The New York Times.

Thrift Savings Plan January 2013 returns

Fund	January	Year-to-Date	Last 12 Months
G Fund	0.13%	0.13%	1.46%
F Fund	-0.56%	-0.56%	2.80%
C Fund	5.18%	5.18%	16.83%
S Fund	6.96%	6.96%	17.87%
I Fund	4.45%	4.45%	17.60%
L Income	1.10%	1.10%	4.70%
L 2020	2.83%	2.83%	10.21%
L 2030	3.56%	3.56%	12.39%
L 2040	4.11%	4.11%	14.01%
L 2050	4.63%	4.63%	15.59%