The Federal Retirement Thrift Investment Board has reported that the Thrift Savings Plan's C Fund-which invests in common stocks-fell 2.4 percent in May, following a 3.9 percent rise in April.
After gaining 0.29 percent in April, the F Fund (fixed-income bonds) dropped 0.89 percent in May. The G Fund (government securities) was up 0.47 percent, following a gain of 0.46 percent in April.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
Over the past year (May 1998-May 1999), the C Fund is up 20.9 percent, the F Fund 4.3 percent and the G Fund 5.5 percent.
For a daily index of the performance of the C Fund, see the TSP Ticker on the front page of GovExec.com. For more TSP information, see the Thrift Savings Plan guide.