Most TSP Funds Rebounded in November

Most of the portfolios in the federal government’s 401(k)-style retirement savings program rebounded last month from October’s nearly across-the-board losses.

The common stocks of the Thrift Savings Plan’s C Fund led the way, gaining 2.04 percent in November. So far in 2018, the fund has increased 5.08 percent. The S Fund, which is made up of small- and mid-size businesses, grew 1.92 percent last month, bringing the fund into the black by 1.61 percent for this year.

The fixed income bonds in the F Fund increased 0.62 percent in November, although the fund remained 1.65 percent in the red for 2018. And the G Fund, which is made up of government securities, grew 0.26 percent last month. Since January, the fund has increased 2.65 percent.

The only portfolio to lose value in November was the international (I) fund, which fell 0.13 percent. In 2018, the fund has lost 9.04 percent.

The lifecycle (L) funds, which shift investments to more stable portfolios as participants get closer to retirement, all grew last month as well. The L Income Fund, for those who have already started withdrawing money, grew 0.53 percent in November; L 2020, 0.65 percent; L 2030, 0.99 percent; L 2040, 1.12 percent; and L 2050, 1.22 percent.

Since January, the L Income Fund has increased 2.05 percent; L 2020, 1.86 percent; L 2030, 1.12 percent; L 2040, 0.76 percent; and L 2050, 0.47 percent.