TSP returns for August disappointing

By Suzanne Kubota
Senior Internet Editor

As predicted, Thrift Savings Plan returns for the month of August aren’t pretty.

All but two funds lost ground: the G fund gained 0.22% and was out-paced by the F fund which gained 1.28%.

The S fund was the big loser, down 5.59%.

Fund G Fund F Fund C Fund S Fund I Fund
Month 0.22% 1.28% -4.51% -5.59% -3.14%
YTD 2.06% 7.89% -4.62% 0.21% -7.80%
12 Month 3.10% 9.29% 4.93% 11.03% -2.28%
L Funds L Income L 2010 L 2020 L 2030 L 2040
Month -0.63% -0.62% -2.29% -2.88% -3.33%
YTD 1.26% 1.18% -1.10% -1.80% -2.43%
12 Month 3.99% 4.33% 4.64% 4.88% 4.98%

Tom Trabucco, Director of External Affairs at the Federal Retirement Thrift Investment Board, recently explained the different funds for The Dorobek Insider like this:

  • G Fund – Government securities (Federal News Radio’s Mike Causey calls this the “never has a bad day” fund due to the fact that it never loses money. It’s known as the most secure fund in the TSP.)
  • I Fund – International stocks of 21 developed countries
  • C Fund – Common stocks made up of the stocks in the S&P 500.
  • S Fund – Intermediate and small capitalization fund made up of the stocks of small to medium-sized U.S. companies (those not included in the C Fund)
  • F Fund – Fixed income fund made up of government, corporate, and mortgage-backed bonds
  • L Funds – There are five different L Funds including the L Income, L 2010, L 2020, L 2030, and the L 2040. The numbers in these funds stand for the year the investor believes he/she will be withdrawing funds from the account. These funds are invested in the TSP core funds – the G, F, C, S, and I Funds.

On their website, the TSP reminds members the Thrift Savings Plan will be closed on Monday, September 6th, in observance of Labor Day. “Transactions that would have been processed Monday night (September 6th) will be processed Tuesday night (September 7th), at Tuesday’s closing share prices.”

All the figures for the month can be found at TSP.gov

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