TSP's C Fund slumps in March

The Thrift Savings Plan's C Fund continued to drop in March, following a nosedive in February. The fund, which invests in common stock, fell 6.33 percent last month, according to the latest statistics from the Federal Retirement Thrift Investment Board. In February, the C Fund plummeted 9.12 percent. The F Fund (fixed-income bonds) was up 0.51 percent in March, following a gain of 0.87 percent in February, while the G Fund (government securities) gained a steady 0.45 percent. The monthly C, F and G Fund returns reflect net earnings on the changing balances invested during the month. Overall, the C Fund plunged 21.63 percent over the past twelve months (March 2000 to March 2001), the F Fund is up 12.61 percent and the G Fund is up 6.09 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. You can also keep an eye on the soon-to-debut S and I funds, which will track the Wilshire 4500 index and the EAFE index, respectively. Follow daily performance of the two indexes on the "TSP Ticker" on GovExec.com's home page.