TSP Returns Mostly Positive in March

Most of the portfolios in the federal government’s 401(k)-style retirement savings program posted positive results last month.

The common stocks of the Thrift Savings Plan’s C Fund saw the best performance, increasing 4.38% in March. So far in 2021, the C Fund has grown 6.17%. The I Fund, which is made up of international investments, gained 2.35% last month, bringing its performance this year up to 3.52%.

The G Fund, which is comprised of government securities, increased by 0.11% in March. So far this year, it has gained 0.27%.

The small- and mid-size businesses in the S Fund were mostly flat, ending last month 0.39% in the red. That brings its 2021 performance down to 7.79%. The fixed income (F) fund lost 1.23% last month, continuing its 2021 slide down to 3.35% in the red.

All of the TSP’s lifecycle funds, which shift to more stable investments as participants get closer to retirement, ended March in the black. The L Income Fund grew 0.71%; L 2025, 1.44%; L 2030, 1.78%; L 2035, 1.93%; L 2040, 2.08%; L 2045, 2.20%; L 2050, 2.33%; L 2055, 2.92%; L 2060, 2.92%; and L 2065, 2.92%.

So far this year, the L Income Fund has increased 1.24%; L 2025, 2.55%; L 2030, 3.18%; L 2035, 3.46%; L 2040, 3.76%; L 2045, 4.01%; L 2050, 4.28%; L 2055, 5.47%; L 2060, 5.46%; and L 2065, 5.46%.