Nearly All of the TSP Funds Continued Their 2022 Tumble in April

In another turbulent month for investments, nearly every fund in the federal government’s 401(k)-style retirement savings program lost value in April.

The small- and mid-size businesses of the Thrift Savings Plan’s S Fund saw the worst performance, falling 10.57%. So far this year, the S Fund sits at 18.83% in the red. And the common stocks of the C Fund fell 8.72% last month, bringing its 2022 losses to 12.91%.

The I Fund, which is made up of international investments, lost 6.39% in April, bringing its performance this year down to -12.73%. And the fixed income bonds in the F Fund fell 3.75% last month. So far this year, the F Fund has lost 9.33%.

Only the government securities of the G Fund finished April in the black, gaining 0.20%. So far this year, the G Fund has grown 0.65%.

Likewise, all of the TSP’s lifecycle (L) funds, which shift to more stable investments as participants get closer to retirement, lost money last month. The L Income Fund, designed for those who already have begun making withdrawals, fell 2.04%; L 2025, 3.59%; L 2030, 5.12%; L 2035, 5.63%; L 2040, 6.12%; L 2045, 6.56%; L 2050, 6.97%; L 2055, 8.11%; L 2060, 8.11%; and L 2065, 8.11%.

So far this year, the L Income Fund has lost 3.32%; L 2025, 6.04%; L 2030, 8.58%; L 2035, 9.48%; L 2040, 10.33%; L 2045, 11.10%; L 2050, 11.80%; L 2055, 13.56%; L 2060, 13.56%; and L 2065, 13.57%.