TSP Returns Stayed Mostly Positive for April

The funds in the federal employee retirement savings program remained on a mostly-positive streak for the month of April, with all but one showing growth. 

The international stocks in the I Fund increased the most for the month, at 2.87%. They were up 11.74% for the year to date. 

The common stocks in the C Fund had the second highest growth for April, at 1.56%. They were up 9.16% for the year. 

In the middle of the pack, the fixed income bonds of the F Fund grew 0.6% last month and increased 3.76% for the year so far. The government securities (G) fund was up 0.3% for the month and 1.28% for the year. 

The S Fund—invested in small- and mid-sized businesses—was once again the only offering to lose ground in April, ending the month down 2.18%. The fund had still grown for the year, however, increasing 3.54%. 

The TSP’s lifecycle (L) funds, which shift to a less risky mix of investments as participants near retirement, all increased in April. L Income, for those who have already started making withdrawals, was up 0.63% for the month. The L 2025 fund grew 0.79% for April; L 2030, 1.07%; L 2035, 1.13%; L 2040, 1.2%; L 2045, 1.25%; and L 2050, 1.31%. The L 2055, L 2060 and L 2065 funds were each up 1.48% for the month.

L Income increased 3.41% for the year to date; L 2025, 4.54%; L 2030, 6.31%; L 2035, 6.8%; L 2040, 7.27%; L 2045, 7.68%; and L 2050, 8.07%. L 2055, L 2060 and L 2065 were all up 9.27% for 2023.