TSP funds show small declines in June

All but one of the investment options in the federal employee retirement savings plan posted small losses in June after showing similar declines in the previous month.

The Thrift Savings Plan's S Fund, which invests in small and midsize companies and tracks the Dow Jones Wilshire 4500 Index, saw the largest drop for the month, decreasing 2.35 percent. The C Fund -- invested in common stocks of large companies on the Standard & Poor's 500 Index -- declined 1.67 percent, with international stocks in the I Fund close behind at a 1.16 percent loss. The F Fund, which invests in fixed income bonds, saw a loss of 0.30 percent.

The S Fund has gained 7.17 percent this year to date. The C Fund is up 6.01 percent in the same period, followed closely by the I Fund, up 5.28 percent so far this year. The F Fund is up 2.75 percent for the year to date.

The stable government securities in the G Fund had a small monthly growth of 0.21 percent. The G Fund has increased 1.43 percent so far this year.

All the life-cycle funds, designed to move investors to less risky portfolios as they get closer to retirement, saw small losses for the second month in a row. The L 2040 dropped 1.30 percent in June; L 2030 declined 1.10 percent; L 2020 lost 0.84 percent; and L Income, for federal employees who have reached their target retirement date and have started withdrawing money, dropped 0.18 percent. The new L 2050 Fund, which opened on Jan. 31 after the L 2010 closed at the end of last year, declined 1.48 percent.

L 2040 is up 5.38 percent so far this year, with L 2030 close behind at 4.91 percent. L 2020 gained 4.29 percent in that time, and L Income grew 2.51 percent.