TSP’s 2-month winning streak ends with a slow June

Thrift Savings Plan returns slowed in the month of June, though only two funds dipped in the red. The S and I funds saw the most significant changes, both posit...

A slow June saw lower or negative returns for many of the funds in the Thrift Savings Plan (TSP) after a winning streak in May and April. One retirement fund posted a higher return in June than the previous month, but all others saw noticeably lower decreases or remained virtually unchanged.

The S and I funds saw the most significant changes, positive and negative, in June compared to the previous month’s returns.

The low-risk G fund posted the same return of 0.19 percent in May and June. The fund has continued slight growth, however, throughout the past year and the last 12 months.

The F fund, a fixed-income index investment fund, posted a small decrease of -0.09 percent in June. The fund’s year-to-date return remains relatively strong at 2.48 percent, but its 12-month return fell to -0.03 percent.

The C fund, which invests in the S&P 500 Index, saw a relatively large decrease in June. It posted a 0.62 percent return compared to May’s 1.41 percent, but the C fund continued to show strong growth over the last 12 months.

The small-cap stocks S fund saw the biggest return in June. At 2.33 percent, it rose from the previous month’s downturn of -0.77 percent, and it continues to show the highest 12-month return at 21.67 percent.

The I fund, which invests in international markets, posted the largest decline from the previous month. The international fund posted a -0.18 percent return in June, compared to its strong showing of 3.76 percent in May.

All TSP lifecycle funds saw positive returns in June, though not nearly as strong as the previous month. The L 2050 once again posted the best return at 0.58 percent but sits nearly 1 percent below its 1.51 percent return in May.

Though most funds saw diminishing returns in June, nearly all funds except the F fund, posted higher returns this year than in June 2016.

Thrift Savings Plan — June 2017 Returns
Fund May Year-to-Date Last 12 Months
G fund 0.19% 1.17% 2.06%
F fund -0.09% 2.48% -0.03%
C fund 0.62% 9.34% 17.92%
S fund 2.33% 7.41% 21.67%
I fund -0.18% 14.10% 20.65%
L Income 0.26% 3.07% 5.22%
L 2020 0.35% 4.95% 8.92%
L 2030 0.46% 7.01% 12.61%
L 2040 0.52% 8.01% 14.53%
L 2050 0.58% 8.93% 16.40%

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