None of the Thrift Savings Plan funds posted higher numbers in August than they did in July, but the federal retirement fund still remains in a better place than it was earlier this summer.
The F fund, a fixed-income index investment fund, posted the only negative return this month, going from 0.64 percent in July to -0.11 percent in August. However, the fund’s 12-month outlook remains nearly unchanged at 6.29 percent.
The C Fund, which invests in the Standard and Poor’s (S&P) 500 Index, came out at 0.14 percent this month, but now has the best 12-month performance at 12.63 percent.
The S Fund, which invests in small cap stocks, posted 0.80 percent in August, and has the second-highest 12-month numbers at 7.27 percent
The G fund, the TSP’s low-risk low-reward option, which invests in government bonds, stood unchanged at 0.13 percent, bringing its 12-month total down to 1.90 percent.
The international I fund posted 0.08 percent in August, and remains in last place for the last 12 months, at 0.30 percent.
The TSP took a hit in June after investors withdrew $2.1 billion from the stock-indexed C, S and I funds, due to perceived uncertainty in the market following the United Kingdom’s “Brexit” referendum to leave the European Union.
The L Income fund showed a 0.13 percent return, while the rest of the lifecycle funds all showed positive returns.
Thrift Savings Plan — August 2016 Returns |
Fund |
August |
Year-to-Date |
Last 12 Months |
G Fund |
0.13% |
1.19% |
1.90% |
F Fund |
-0.11% |
6.05% |
6.29% |
C Fund |
0.14% |
7.85% |
12.63% |
S Fund |
0.80% |
9.13% |
7.27% |
I Fund |
0.08% |
1.54% |
0.30% |
L Income |
0.13% |
2.61% |
3.64% |
L 2020 |
0.16% |
3.84% |
5.11% |
L 2030 |
0.18% |
4.83% |
6.25% |
L 2040 |
0.20% |
5.33% |
6.76% |
L 2050 |
0.21% |
5.70% |
7.13% |
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