August turned out to be a brutal month for the stock market. The returns for the year-to-date are still very favorable. TSP investors who may have decided to cash in their G fund stocks in hopes of catching another positive month in the stock funds were probably disappointed, at least in the short term, as the only fund with at least a small positive return was the G fund.
Here are the results of all of the TSP funds for last month and the year-to-date and 12 month returns:
|G Fund||F Fund||C Fund||S Fund||I Fund|
|L Income||L 2020||L 2030||L 2040||L 2050|
39% of TSP investments are in the G fund. These TSP investors who have most or a good portion of of their money in the G fund, however, may want to withhold bragging to your colleagues though. As you can see from the chart, the G fund has a year-to-date return of 1.12%—far behind the 16.18% for the C fund and 20.30% for the S fund.
The L Income fund, another conservative fund but with some exposure to the stock market, is also ahead of the G fund for the year with a return of 3.52% compared to the 1.12% for the G fund.