Most TSP Funds Gained Ground in September
Most of the portfolios offered by the 401(k)-style retirement savings program for federal employees grew in September, reversing losses sustained in August.
The Thrift Savings Plan’s S Fund, made up of small- and mid-size companies, led the way, increasing 4.26 percent last month. Its 2017 total now sits at 12.76 percent in growth.
The international stocks in the I Fund grew by 2.52 percent in September, bringing the fund's growth this year up to 20.30%. And the C Fund’s common stocks increased 2.06 percent last month, which increased its 2017 performance to 14.24 percent.
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But the fixed income (F) fund lost 0.48 percent in value last month. Its growth since January is now down to 3.36 percent.
The G Fund, made up of government securities, continued its steady gains, growing by 0.17 percent last month. In 2017, the G Fund has grown 1.73 percent.
All of the TSP’s lifecycle funds, which shift investments toward more stable portfolios as people get closer to retirement, saw continued gains in September. The L Income Fund, designed for people who have already begun monthly withdrawals, grew 0.60 percent. L 2020 increased by 1.02 percent; L 2030, 1.60 percent; L 2040, 1.87 percent; and L 2050, 2.14 percent.
In 2017, the L Income Fund has grown by 4.54 percent; L 2020, 7.26 percent; L 2030, 10.47 percent; L 2040, 12.03 percent; and L 2050, 13.44 percent.