The federal government’s 401(k)-style retirement savings program saw an otherwise positive February weighed down by two of its portfolios mostly invested in American companies.
The Thrift Savings Plan’s S Fund, which is comprised of small- and mid-size businesses, fell 5.80% last month. So far this year, the S Fund is 1.10% in the red. And the common stocks of the C Fund lost 1.30% in February, bringing its 2025 gains down to 1.44%.
The international (I) fund ticked up 0.91% last month, increasing its performance since January to 4.63%. And the fixed income (F) fund grew 2.20% in February. So far this year, the F Fund has gained 2.73%.
The G Fund, which is composed of government securities, increased at its statutorily mandated rate of 0.36%. So far in 2025, the G Fund has grown 0.75%.
The value of most of the TSP’s lifecycle (L) funds, which shift toward more conservative investments as participants get closer to retirement, fell last month. The L Income Fund, designed for enrollees who already have begun making withdrawals, gained 0.07%, while the L 2025 grew by 0.04%. The L 2030 Fund lost 0.42%; L 2035, 0.49%; L 2040, 0.57%; L 2045, 0.57%; L 2050, 0.72%; L 2055, 1.11%; L 2060, 1.11%; L 2065, 1.10%; and L 2070, 1.09%.
So far in 2025, the L Income Fund has gained 1.27%; L 2025, 1.32%; L 2030, 1.78%; L 2035, 1.88%; L 2040, 1.97%; L 2045, 2.05%; L 2050, 2.11%; L 2055, 2.22%; L 2060, 2.22%; L 2065, 2.22%; and L 2070, 2.23%.
