Each of the portfolios in the federal government’s 401(k)-style retirement savings program gained value in August, marking the first time the program has achieved the feat since January.
The small- and mid-size businesses of the Thrift Savings Plan’s S Fund saw the best performance, gaining 4.08% last month. That effectively doubled the fund’s gains so far this year, increasing its 2025 growth to 8.96%.
The international (I) fund increased 3.95% in August, good enough to boost its returns so far this year to 21.50%. And the common stocks of the C Fund grew 2.03%, expanding its gains since January to 10.76%.
The fixed income (F) fund finished August 1.19% in the black. So far this year, the F Fund has increased 4.99%.
And the G Fund, which is made up of government securities and grows at a statutorily mandated rate, gained 0.37% last month. Since January, the G Fund has grown 2.98%.
Each of the TSP’s lifecycle (L) funds, which shift toward more conservative investments as participants approach retirement age, posted similar gains last month. The L Income Fund increased 1.12%, L 2030, 1.97%; L 2035, 2.14%; L 2040, 2.29%; L 2045, 2.42%; L 2050, 2.55%; L 2055, 2.95%; L 2060, 2.95%; L 2065, 2.95%: L 2070, 2.95%; and L 2075, 2.95%.
So far this year, the L Income Fund has grown 6.24%; L 2030, 10.04%; L 2035, 10.71%; L 2040, 11.37%; L 2045, 11.93%; L 2050, 12.47%; L 2055, 14.19%; L 2060, 14.19%; L 2065, 14.19%; and L 2070, 14.21%. Year-to-date returns for the L 2075 Fund are not yet available, as the portfolio launched in July.
