TSP's C Fund jumps in January

The Thrift Savings Plan's C Fund jumped during the first month of the new year, after sharp decreases during much of 2000. The fund, which invests in common stock, gained 3.55 percent in January, according to the latest statistics from the Federal Retirement Thrift Investment Board. The F Fund (fixed-income bonds) was up 1.65 percent in January, while the G Fund (government securities) gained 0.46 percent. The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month. Overall, the C Fund has lost 0.93 percent over the past twelve months (January 2000 to January 2001), the F Fund is up 13.90 percent and the G Fund is up 6.32 percent. For an index of the performance of the C Fund that is updated continuously each business day, see the "TSP Ticker" on the front page of GovExec.com.