Nearly every portfolio in the TSP posted negative returns again in September. Eugene Mymrin/Getty Images
TSP Funds Continue To Fall in September
Nearly all of the funds in the federal government’s 401(k)-style retirement savings plan remained in negative territory last month.
Nearly every portfolio in the 401(k)-style retirement savings program faltered in September, continuing a trend from last month.
The only Thrift Savings Plan investment in the black last month was the government securities G Fund, which was up 0.28%, bringing its gain so far this year to 2.34%. Every other investment posted negative returns in September.
The S Fund’s small- and mid-size businesses had the most losses in September, with a decline of 9.91% bringing its losses for 2022 down to -29.85%.
The I Fund fell 9.40% in continuing a yearlong trend for the international stocks fund, which has fallen 27.25% this year.
The fixed income F Fund fell 4.31% and the common stocks of the C Fund fell 9.21%. Since January the F Fund is down 14.30% and the C Fund is down 23.87%.
All of the TSP’s Lifecycle (L) funds finished in the red last month. The L Income Fund experienced losses of 2.33%; L 2025 3.98%; L 2030 5.85%; L 2035 6.44%; L 2040 7.01%; L 2045 7.50%; L 2050 7.97%; L 2055 9.29%; L 2060 9.29%; and L 2065 9.29%.
So far this year, L Income Fund has fallen 6.00%; L 2025 11.20%; L 2030 16.24%; L 2035 17.92%; L 2040 19.50%; L 2045 20.90%; L 2050 22.18%; L 2055 25.62%; L 2060 25.62%; and L 2065 25.63%.