TSP Performance Returns to Normal

April 4, 2006 (PLANSPONSOR.com) - March returns for funds in the federal employees' Thrift Savings Plan (TSP) were more in line with their usual performance, according to govexec.com.

The riskier and more popular TSP investments led the pack in earnings in March, after the conservative government securities (G) fund saw the largest gains in February (See TSP Fund Growth Wanes in February ).

The S Fund, which invests in the stocks of small- and mid-sized American companies, grew the most at 3.84% last month, govexec.com reports. March’s growth brings the S Fund’s 12-month gain to 25.26% – also the highest among the funds.

International stocks (I), the second highest earner, grew 3.33% in March, for a 12-month total gain of 24.53%.     The C Fund, which tracks Standard & Poor’s 500 Index, and G fund followed with gains of 1.29% and 0.36% gains, respectively.

The F or fixed-income bond fund was the only fund to lose in March, posting a 0.93% loss.

Among the lifestyle (L) funds:

  • L2040 grew 1.98% in March,
  • L 2030 gained 1.71%,
  • L 2020 rose 1.56%,
  • L 2010 increased 1.19%, and
  • L Income gained 0.67%.