Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Connected Government
- Consolidating Mission-critical Systems
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Eliminating the Pitfalls: Steps to Virtualization in Government
- Federal Executive Forum
- Federal Tech Talk
- Government Cloud Brokerage: Who, What, When, Where, Why?
- Government Mobility
- Mission-critical Apps in the Cloud
- Mobile Device Management
- The Modern Federal Threat Landscape
- The Path from Legacy Systems
- Understanding the Intersection of Customer Service and Security in the Cloud
Shows & Panels
TSP tanks in weak August
Tuesday - 9/3/2013, 1:22pm EDT
The ever-reliable G Fund held steady at 0.18 percent.
The C Fund, tracked to the performance of stocks of S&P 500 companies, posted the biggest drop — down 2.89 percent over last month. That was followed by the S Fund, made up of smaller company stocks, down 2.76 percent.
The I Fund, made up of international stocks, finished the month down 1.31 percent.
The F Fund was down only slightly — 0.48 percent — but the fund, which is tracked to the bond market, has had a stagnant year. It's down 2.62 percent since January and nearly as much over the past 12 months.
All five L Funds, a mix of the five regular funds targeted around an employee's retirement date — all posted in the red for August. The L Income Fund, the target-date fund for retirees currently drawing on their TSP accounts, was down 0.39 percent. The L 2050 was down more than 2 percent.
Overall, the S&P 500 index fell 3.1 percent in August — the worst month on Wall Street since May of last year, according to the Associated Press. However, 2013 has otherwise been a strong year for stocks; the index is up 15 percent since January.
That's translated to strong showings, year-to-date, for many TSP Funds. The G Fund is up 1.12 percent for the year. The C Fund has risen more than 16 percent since the start of the year, while the S Fund is up more than 20 percent since January.
Thrift Savings Plan August 2013 returns
|Fund||August||Year-to-Date||Last 12 Months|