This information reflects Thrift Savings Plan funds performance results through February 29, 2024.
Continuing a trend of recent months, the U.S. economy experienced strong employment growth coupled with elevated inflation. These economic conditions, along with published comments from several Federal Reserve officials, led many investors to conclude that the central bank would not ease monetary policy soon. Longer-term interest rates rose, contributing to a loss in the F Fund.The C and S Funds posted gains. The I Fund also rose, although its growth was dampened by a stronger U.S. dollar.All L Funds finished higher.
Information provided by the Federal Retirement Thrift Investment Board
TSP Returns for All Funds
| Feb 2024 | Jan 2024 | Dec 2023 | YTD | 1-Year | 3-Year* | 5-Year* | 10-Year* | |
|---|---|---|---|---|---|---|---|---|
| G Fund | 0.33% | 0.34% | 0.39% | 0.67% | 4.28% | 3.03% | 2.40% | 2.35% |
| F Fund | -1.41% | -0.19% | 3.72% | -1.60% | 3.29% | -3.02% | 0.64% | 1.63% |
| C Fund | 5.34% | 1.68% | 4.54% | 7.10% | 30.41% | 11.88% | 14.72% | 12.69% |
| S Fund | 6.03% | -2.41% | 10.45% | 3.48% | 18.93% | -0.22% | 9.13% | 8.64% |
| I Fund | 2.74% | -0.22% | 5.39% | 2.51% | 15.19% | 4.79% | 7.12% | 4.75% |
| L Income | 1.29% | 0.36% | 1.87% | 1.66% | 8.96% | 4.17% | 4.61% | 4.10% |
| L 2025 | 1.63% | 0.37% | 2.39% | 2.01% | 10.93% | 4.74% | N.A. | N.A. |
| L 2030 | 2.74% | 0.41% | 3.71% | 3.15% | 15.64% | 5.88% | 8.03% | 6.98% |
| L 2035 | 2.96% | 0.41% | 4.05% | 3.38% | 16.75% | 6.07% | N.A. | N.A. |
| L 2040 | 3.20% | 0.41% | 4.37% | 3.62% | 17.87% | 6.27% | 8.99% | 7.73% |
| L 2045 | 3.41% | 0.40% | 4.66% | 3.83% | 18.81% | 6.40% | N.A. | N.A. |
| L 2050 | 3.62% | 0.41% | 4.93% | 4.04% | 19.78% | 6.59% | 9.78% | 8.34% |
| L 2055 | 4.48% | 0.45% | 5.61% | 4.95% | 23.25% | 7.66% | N.A. | N.A. |
| L 2060 | 4.48% | 0.45% | 5.61% | 4.95% | 23.25% | 7.65% | N.A. | N.A. |
| L 2065 | 4.48% | 0.45% | 5.62% | 4.95% | 23.25% | 7.65% | N.A. | N.A. |
* 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.)
