Exodus from Stock Funds Stemmed

Thrift Savings Plan investors in April reversed their pattern of recent months of shifting money away from the three stock-oriented funds and into the bond (F) and government securities (G) funds. Through March, investors had moved nearly $1.6 billion out of the common stock (C) fund and $19 million total from the small capitalization U.S. stock (S) fund and the international stock (I) fund, on a net basis, with the G fund picking up $870 million and the F fund getting $800 million. In April, a net $63 million was moved into the stock funds from the G and F funds. Twenty percent of investors under the CSRS system and 26 percent of those under the FERS system now have all their TSP money in the G fund.