Thrift Savings Plan Update
This information reflects Thrift Savings Plan funds performance results through April 30, 2024.
Although the month began with news of stronger-than-expected job gains, concerns about continued elevated inflation remained front and center as observers increasingly questioned when the Federal Reserve might lower its target for short-term interest rates. A late-month report showing unexpectedly weak economic growth sparked additional pessimism among some investors. Longer-term interest rates rose, contributing to a loss for the F Fund. The C and S Funds posted losses. The I Fund also fell, partly thanks to a stronger U.S. dollar. All L Funds finished lower.
Information provided by the Federal Retirement Thrift Investment Board
TSP Returns for All Funds
* Returns are annualized
Source: TSP
Returns are net of the effect of accrued administrative expenses and investment expenses/costs.
G Fund: Government securities (specially issued to the TSP)
F Fund: Government, corporate and mortgage-backed bonds
C Fund: Stocks of large- and medium-size U.S. companies
S Fund: Stocks of small- to medium-size U.S. companies (not included in the C Fund)
I Fund: International stocks of 21 developed countries
L Fund: (Lifecycle) Invested in the G, F, C, S and I Funds (The proportion of L Fund balance invested in each of the individual TSP funds depends on the L Fund chosen.)