The Thrift Savings Plan's C Fund-which invests in common stocks-dropped 1.93 percent in February, following a 5.03 percent drop in January, according to the latest statistics from the Federal Retirement Thrift Investment Board.
After losing 0.34 percent in January, the F Fund (fixed-income bonds) gained 1.22 percent in February. The G Fund (government securities) was up 0.53 percent, following a gain of 0.56 percent in January.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
Despite the two-month drop, the C Fund is up 11.57 percent over the past year (February 1999 to February 2000), the F Fund is up 1.07 percent and the G Fund is up 6.29 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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