Amelia Gruber | October 3, 2016 | 0 Comments

September Sees Very Small Gains for Federal Retirement Investments

September was another slow month for the funds in the 401(k)-style federal employee retirement savings program.

The international stocks in the Thrift Savings Plan’s I Fund boasted the best performance last month, but still had very modest growth of 1.24 percent. The I Fund was up 2.8 percent for the year to date.

The S Fund, invested in small- and midsize companies, had the second-highest earnings in September, at 0.9 percent. That fund was up 10.11 percent for 2016 so far.

» Get the best federal news and ideas delivered right to your inbox. Sign up here.

Government securities in the typically stable G Fund came in next, with 0.13 percent growth for September. The G Fund has gained 1.32 percent for the year to date.

Common stocks in the C Fund barely moved last month, inching up 0.02 percent. They had a much better performance for the year to date, however, with a 7.87 percent increase.

Fixed income bonds were in the red for the second month in a row, losing 0.04 percent in September. They were still up 6.01 percent for 2016.

The lifecycle (L) funds, which move investors to a less risky portfolio as they get closer to retirement, followed the same trend of small gains for September. L Income – for people who have already started making withdrawals -- was up 0.20 percent for the month. L 2020 grew 0.3 percent in September; L 2030, 0.38 percent; L 2040, 0.43 percent; and L 2050, 0.48 percent.

The L Funds similarly were all in the black for the year to date, with greater gains in the funds designed for participants further from retirement. L Income was up 2.82 percent for the year to date; L 2020, 4.15 percent; L 2030, 5.23 percent; L 2040, 5.78 percent; and L 2050, 6.21 percent.


Thank you for subscribing to newsletters from
We think these reports might interest you:

  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

  • Cyber Risk Report: Cybercrime Trends from 2016

    In our first half 2016 cyber trends report, SurfWatch Labs threat intelligence analysts noted one key theme – the interconnected nature of cybercrime – and the second half of the year saw organizations continuing to struggle with that reality. The number of potential cyber threats, the pool of already compromised information, and the ease of finding increasingly sophisticated cybercriminal tools continued to snowball throughout the year.

  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

  • GBC Issue Brief: The Future of 9-1-1

    A Look Into the Next Generation of Emergency Services

  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.

  • eBook: State & Local Cybersecurity

    CenturyLink is committed to helping state and local governments meet their cybersecurity challenges. Towards that end, CenturyLink commissioned a study from the Government Business Council that looked at the perceptions, attitudes and experiences of state and local leaders around the cybersecurity issue. The results were surprising in a number of ways. Learn more about their findings and the ways in which state and local governments can combat cybersecurity threats with this eBook.


When you download a report, your information may be shared with the underwriters of that document.