ksaldarini@govexec.com
The Federal Retirement Thrift Investment Board has reported that the Thrift Savings Plan's C Fund-which invests in common stocks-rose 3.86 percent in April, following a 3.99 percent rise in March.
After gaining 0.54 percent in March, the F Fund (fixed-income bonds) gained 0.29 percent in April. The G Fund (government securities) was up 0.46 percent, following a gain of 0.47 percent in March.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
Over the past year (April 1998-April 1999), the C Fund is up 21.72 percent, the F Fund 6.27 percent and the G Fund 5.53 percent.
For more TSP information, see GovExec.com's Thrift Savings Plan update.