TSP rebounds from end-of-summer slump with better returns

The Thrift Savings Plan saw all but one of its funds show significant improvement in September, recovering from a late-summer downturn.

The small-cap stocks S fund posted the highest monthly return at 4.26 percent, and made the biggest improvement, having posted a -0.41 percent return in August. It ranks as the second-best performer over the last 12 months at 19.15 percent.

The F fund, the fixed-income index investment fund, reported a -0.48 percent monthly return, and was the only fund to post a negative return in September. It has the lowest return of any TSP fund over the last 12 months, at 0.34 percent.

The C fund, based on stocks from the S&P index, reported a 2.06 percent return in September, which is up from the 0.30 percent posted in August.

The international stocks I fund posted a 2.52 percent monthly return, and remains the top performer over the past 12 months at 19.79 percent.

The low-risk, low-reward G fund, which invests in Treasury securities, posted a slightly slower return at 0.17 percent in September, compared to 0.19 percent in August

All TSP lifecycle funds performed better in September, although some saw greater improvements than others. The L 2050 continued to demonstrate the best return of the bunch at 2.14 percent.

Copyright © 2024 Federal News Network. All rights reserved. This website is not intended for users located within the European Economic Area.