Fund Last % YTD; G Fund: $17.3454 +0.01% +0.64%: F Fund . Daily TSP Performance. The Accenture representative noted they anticipate the number will again reach prior level of 4.1 million accounts in June or July 2023. Daily TSP Performance. Terms of Use | The impact of this 1 day delay is already incorporated into these performance statistics. A good investment strategy aims to minimize drawdowns. 2022 TSP fund performance was dismal. Privacy Policy | Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? The C Funds November performance was up 5.58%the 2nd best performance among the TSP core funds in November. The F Fund provides broad exposure to U.S. investment grade bonds. TSP Website: Status on Improving Performance and Investor Satisfaction, US Marshals Hit With Major Ransomware Attack, Compromising Employee Info, Dismal 2022 TSP Performance: One Fund Down 26% for the Year, 2023 Starts With Strong TSP Performance: One Fund Up 8.25% So Far. So, the good news is that it could have been worse (and has been worse in earlier decades). As a group, we're dedicated to making the most of our TSP growth and helping. This column does not address that issue. Measuring the quality of overall government services is difficult to quantify and data are not readily available. This continued until the markets broke in 2020 and the . The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. With the November performance factored in, all of the TSP stock funds are ahead of where they stood at the end of October. C Fund 6 Month Daily : 10 DMA, 50 DMA, 200 DMA. All of . L 2035 Fund. As TSP investors who pay attention are aware, stocks have already fallen dramatically. We use the TSP G Fund returns as our risk-free investment. Thrift Savings Plan Talk For Federal Government Employees and Military Personnel. tracking system is the IFT allocation reporting system for TSPtalk.com members only and will not impact your actual Thrift Savings Plan account. Performance expectations were met in four of the last six months. Use these calculators to see how various factors such as salary, TSP contribution rate, and other retirement income sources influence how much you need to save for retirement. S&P 500 Index | spglobal.com, Asset manager(s) In that same month, the S Fund went down 21.40% and the I Fund was down 13.87%. What happened after the last significant yearly loss? S-349, to include positions that may be performed by telework in a hiring preference for federal jobs for a spouse . It aims to achieve a moderate to high level of growth with a low emphasis on preservation of investment . On a positive note, for the year-to-date, all of the TSP Funds still have a positive return. $0.580/$1,000 account balance 0.058% (5.8 basis points), Investment expense ratio1 2023 FedSmith Inc. All rights reserved. More TSP fund performance data are available at TSPDataCenter.com. Here is a comparison of the TSP core fund returns for the end of September compares to the end of November. The exceptions are the G Fund with a 12-month return of 3.33%, and the L Income Fund with a 12-month return of 0.74%. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? Note: You can click the small square in the upper right hand area of the chart to expand view. Its right next to the down arrow. With the Biden administration striving to put the topic of racial equity in the forefront of government policy on a wide variety of topics, what are the differences in average federal pay by racial groups over a period of years? No doubt, for those TSP investors that use the website and the TSP call center regularly, they are hoping some of these lingering problems have been resolved or will be in the near future. TSP Thrift Savings Plan Talk - TSP Talk provides TSP fund allocation information and help for government employees and military personnel participating in the TSP (Thrift Savings Plan) program. At the end of October, the I Fund was still down -22.90%. Last updated: February 02, 2023 at 03:39 PM. You can join other TSP participants on our popular TSP . Follow Ralph on Twitter: @RalphSmith47. GAO has agreed to investigate the recent problems that have plagued the TSP since the launch of the new website and features in June. From the end of September 2018 through the end of September 2022, all of the categories in the chart had an increase in average federal pay. We share in-depth technical analysis with charts and . Federal government websites often end in .gov or .mil. The majority of current federal employees are under theFederal Employees Retirement System (FERS). The protestations have arisen fairly suddenly around a form of entertainment that has long had a place on the mainstream American stage.. Milton Berle, "Mr. Television" himself, was appearing in drag on the public airwaves as early as the 1950s on "Texaco Star Theater." "RuPaul's Drag Race" is a bona fide cultural phenomenon. The federal government's Thrift Savings Plan is a federally defined contribution retirement account similar to a civilian 401(k). may not be reproduced without express written consent from Ralph R. Smith. An official website of the United States government. A retirement portfolio that contains an allocation to bond funds like the TSP F Fund, in addition to stock funds like the TSP C, I, and S funds, will typically be less volatile than one that contains only stock funds. 330,000 TSP participants have updated their beneficiaries using the new version of the website. The C Fund's investment objective is to match the performance of the Standard and Poor's 500 (S&P 500) Index, a broad market index made up of stocks of 500 large to medium-sized U.S. companies. F Fund investors have the opportunity to earn higher long-term returns compared to investors in short-term securities such as the TSP G Fund. Point72 Asset Management L.P. lowered its position in TuSimple Holdings Inc. (NASDAQ:TSP - Get Rating) by 16.8% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). Seasonal Investing with the Thrift Savings Plan (TSP) Welcome, everyone! Federal Agencies Have 30 Days to Eliminate TikTok From Government Devices, TSP Performance Disappoints in February: Year-to-Date Returns Still Positive, Update on TSP Website Problems; All TSP Funds Have Negative Return With One Down 30%+. Subscribe to our free email list to get our news updates in your inbox. A FedSmith headline that month read: TSP Performance for September: Worst Nine Months for Stocks Since 2002. Performance results before this date represent a hypothetical strategy backtest. Overall, the average federal salary increased by 11.41% for the workforce from September 2018 September 2022. The U.S. government is the largest employer in the United States. The smallest decline was in the L Income fund, which was -1.60% last month. State Street is an investment management firm that works with the Federal Retirement Thrift Investment Board (FRTIB). The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely. Accenture stated that the industry standard of participant satisfaction is 80%. The latest monthly TSP meeting provided important updates on the problems that plagued the launch of the new TSP website. We chose this benchmark portfolio because the historical. L 2040 Fund. The S Fund still has the most dismal performance among the core funds for the year as it is down -20.63%. In fact, investment grade bonds are often uncorrelated or negatively correlated to stocks (bonds zig when stocks zag, and vice versa). At the monthly meeting of the FRTIB in February, State Street provided a summary of its economic outlook. Security and information technology service levels have all been met. The F Fund was the only TSP portfolio in the red in 2021, declining 1.46%. The chart below compares the performance of the TSP Folio investment strategy to a buy and hold portfolio consisting of 40% stocks and 60% bonds [2]. This action will also remove this member from your connections and send a report to the site admin. The .gov means its official. Follow Ralph on Twitter: @RalphSmith47. When comparing portfolios, a high Sharpe Ratio is preferable. The TSP Folio strategy has been consistently profitable, with a compound annual growth rate (CAGR) of 9.0%. Will the labor market stabilize with more people returning to work? Over the past two years, we have read inflation is transitory, declining, improving, cooling, easing, abating, and actually slowing down. In answering these questions for Accenture, the representative noted that many of the problems occurred as a result of issues that were more complex than more normal procedures. The fund uses a "passive management" (indexing) investment approach, designed to match the performance of the Bloomberg U.S. Learn more, please visit our Cookie Statement page. Their forecast for growth is that the United States will have a growth rate of 0.4% in 2023 and that the world growth in gross domestic product (GDP) will be 2.3%. The worst drawdown since inception so far is -18.0%: There are many other mutual funds and ETFs tracking the same index used by the F Fund (the Bloomberg U.S. FedSmith.com. Federal employees and members of the military participate in the federal government's defined-contribution plan, known as the Thrift Savings Plan (TSP). The S&P 500, the index on which the C Fund in the Thrift Savings Plan (TSP) is based, went up 3.1%. It is a defined contribution plan, similar to 401 (k) style retirement savings plans in the private sector. The performance of the C Fund is evaluated on the basis of how closely its returns match those of the S&P 500 Index. Yes (71%, 591 Votes) No (29%, 247 Votes) Total Voters: 838 Loading . That perspective will be of interest to TSP investors, especially as the company manages billions of dollars on behalf of the TSP. Aggregate Index contains over 10,000 bonds. Since January, the G Fund has gained 0.86%. Subscribe to our free email list to get our news updates in your inbox. What happened after the last significant yearly loss? All rights reserved. TSP has an obligation to disclose these cookies. Sometimes, the real news is not reflected in headlines. Many bond investors consider these funds to be their core bond holding (since they invest in all segments and maturities of the fixed income market). After dismal Thrift Savings Plan (TSP) performance in 2022, 2023 started the year off with a bang. The average return for the buy-and-hold strategy is +6.45% per year. It is free and will continue to operate for new and existing subscribers. This page is NOT optimized for mobile devices. The goal for participant satisfaction is a satisfaction rate of 90%. The OPM data do not contain in one database the data required for calculating average federal pay for gender, race and average salary by year. In short, while the TSPs I Fund (international companies) is one of the smallest TSP Funds, there are years in which this Fund does better than those funds focusing on American companies. About this app. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? One TSP management advisor sees a growth recession ahead. It is designed to track the Nasdaq ETF stock market index. Strategy performance is tracked and verified by, The benchmark portfolio is an allocation to 40% stocks and 60% bonds, invested in TSP funds as follows: 20% C Fund, 20% I Fund, and 60% F Fund. Here is the breakdown of the satisfaction level in different areas for January: According to the Accenture briefing, service levels for a number of areas have been met each month since the new website was launched in June. The chart below shows the returns of the C Fund over the last 34 years as well as the average annual return of around 12%. (Non-Starters For A Claiming Price Of $40,000 Or . Blog Home; TSP Talk; Weekly Wrap Up; Intrepid Timer; Premium Services . What is important are the actual results of significant events unfoldingsome of which will be determined or influenced by government decisions and actions and others that will move along without regard to government actions. An official website of the United States government.