TSP’s C, S and I Funds drop in July
The Thrift Savings Plan's C, S and I Funds all fell in July, according to the latest statistics from the Federal Retirement Thrift Investment Board. The C Fund, which invests in common stocks, dropped 0.98 percent, losing ground for the fourth month this year. The fund has declined by nearly 15 percent over the past twelve months. The I Fund, which invests in international stocks and debuted in May, lost 1.79 percent in July, after falling in May and June. The TSP's other new fund, the S Fund, which invests in the stocks of the many small- and mid-sized companies that are not included in the S&P 500, lost 4.13 percent in July, after a slight June gain. The F Fund, comprised of fixed-income bonds, gained 2.22 percent in July, while the G Fund (government securities) gained 0.48 percent, after holding steady at 0.47 percent in May and June. The monthly C, F, G, S and I Fund returns reflect net earnings on the amounts invested during the month. For an index of the performance of the C, I and S funds that is updated continuously each business day, see the "TSP Ticker" on the front page of GovExec.com. July's rates of return are listed below. The numbers in parentheses are negative.
G Fund | F Fund | C Fund | S Fund | I Fund | |
July 2001 | 0.48% | 2.22% | (0.98)% | (4.13)% | (1.79%) |
Last 12 Months (8/1/2000-7/31/2001) |
5.81% | 12.78% | (14.30%) | (15.56%) | (22.07%) |
NEXT STORY: New House civil service subcommittee chair named