C Fund Down 22% for Year; 5.85% for December

Stocks down, bonds up for December. F fund has best return for TSP investors

The Federal Retirement Thrift Investment Board has released the TSP results for December and, as Fedsmith.com wrote last week, the C fund finished in the red for the month and the year. The common stock fund is down 5.85% for December and just over 22% for the past twelve months.

The best fund for TSP investors for 2002 was the F fund which provided a return of 10.27% for the year and 2.08% for December. The G fund continued its steady course with a positive return of 0.38% for the month and exactly 5% for the past twelve months.

The S fund (small company fund), which had the best return for November, was also down. It slipped 4.32% for December and is down 18.14% for the year.

The I fund (international stocks) was down 3.27% for December and 15.98% for the past twelve months.

All in all, December was a typical month for TSP investors in 2002–bonds were up and stocks were down.

About the Author

Ralph Smith has several decades of experience working with federal human resources issues. He has written extensively on a full range of human resources topics in books and newsletters and is a co-founder of two companies and several newsletters on federal human resources. Follow Ralph on Twitter: @RalphSmith47