Across-the-Board Gains for TSP Funds in March
Thrift Savings Plan investments largely improve upon February’s numbers.
Every investment fund in the Thrift Savings Plan experienced gains in March, with most funds improving upon their previous month’s performance.
The S Fund -- which is invested in small and midsize companies and tracks the Dow Jones Wilshire 4500 Index -- continued to have the strongest 2013, gaining 4.69 percent in March. It has gained 13.09 percent this year and 17.16 percent over the last 12 months.
The C Fund, invested in common stocks, also had a strong month, gaining 3.75 percent. The fund has grown nearly 14 percent in the last 12 months.
The rest of the funds grew modestly in March. International stocks in the I Fund were back in the black, gaining 0.88 percent after experiencing nearly a 1 percent loss in February. The G Fund -- which invests in government securities and is TSP’s most stable offering -- inched up 0.13 percent for the third straight month. The fixed income (F) fund experienced the smallest gain last month, growing just 0.07 percent.
The I Fund has grown 11.59 percent over the last 12 months; the G Fund, 1.46 percent; and the F Fund, 3.98 percent.
The lifecycle funds, designed to move investors to less risky portfolios as they near retirement, showed strong gains in March, with all investments improving upon February’s numbers. L Income -- for TSP participants who have already started withdrawing money -- rose 0.73 percent; L 2020 was up 1.69 percent; L 2030 gained 2.12 percent; L 2040 grew 2.44 percent; and L 2050 increased 2.71 percent.
Over the last 12 months, L Income gained 4.15 percent; L 2020 improved 8.42 percent; L 2030 rose 10.22 percent; L 2040 grew 11.55 percent; and L 2050 jumped 12.72 percent.
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