The Federal Retirement Thrift Investment Board has reported that the Thrift Savings Plan's C Fund-which invests in common stocks-slid 3.14 percent in July, following a 5.54 percent increase in June.
After losing 0.33 percent in June, the F Fund (fixed-income bonds) dropped another 0.43 percent in July. The G Fund (government securities) was up 0.52 percent, following a gain of 0.49 percent in June.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
Over the past year (July 1998 to July 1999), the C Fund is up 20.1 percent, the F Fund 2.47 percent and the G Fund 5.54 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.
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