The Federal Retirement Thrift Investment Board has reported that the Thrift Savings Plan's C Fund-which invests in common stocks-dropped 0.5 percent in August, following a 3.14 percent slide in July.
After losing 0.43 percent in July, the F Fund (fixed-income bonds) dropped another 0.05 percent in August. The G Fund (government securities) was up 0.53 percent, following a gain of 0.49 percent in July.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
Over the past year (August 1998 to August 1999), the C Fund is up 39.72 percent, the F Fund 0.75 percent and the G Fund 5.59 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.