The Thrift Savings Plan's C Fund-which invests in common stocks-jumped 9.74 percent in March, the highest monthly rate of return since December 1991, according to the latest statistics from the Federal Retirement Thrift Investment Board.
The March increase is the second best return rate for the C Fund since the fund was established in 1988. In December 1991, the rate of return was 11.41 percent.
The F Fund (fixed-income bonds) gained 1.32 percent in March, while the G Fund (government securities) was up 0.55 percent, following a gain of 0.53 percent in February.
The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month.
With the March boost, the C Fund is up 17.74 percent over the past year (March 1999 to March 2000), the F Fund is up 1.86 percent and the G Fund is up 6.37 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.
NEXT STORY: Three agencies honored for using plain language