Fedweek

The bond F fund is up 4.02 percent and the government securities fund is up 2.22 percent year-to-date, following gains in June of 1.54 and 0.37 percent in January. Image: ismagination/Shutterstock.com

Through the first half of 2025, the TSP’s I fund has gained 18.69 percent, three times more than the next-highest fund, the large U.S. company stock fund, up 6.18 percent; the small company stock S fund is up 2.11 percent year-to-date.

All three of those funds posted strong gains in June—up 3.73, 5.08 and 5.4 percent, respectively–with the S fund’s gain returning it to positive territory for the first time since early in the year.

The bond F fund is up 4.02 percent and the government securities fund is up 2.22 percent year-to-date, following gains in June of 1.54 and 0.37 percent in January.

Year-to-date gains for the lifecycle L funds range from 4.55 percent for the Income fund (which now contains the assets of the former L 2025 fund which have been merged into it) to 9.9 percent for the L 2070 fund. June returns for the L funds were: Income, 1.57; 2030, 3; 2035, 3.26; 2040, 3.51; 2045, 3.73; 2050, 3.95; 2055, 2060 and 2070, 4.61; 2065, 4.62.

L 2025 Fund phased out, while 2075 launches

The TSP said in a bulletin designed mainly for agency payroll personnel, “After all the transactions for June 27, 2025, were processed, all shares of the L 2025 Fund were “sold” and shares of the L Income Fund were “purchased.” The number of shares of the L Income Fund that the participant received depended on the June 27, 2025 share price of the L 2025 Fund and the L Income Fund.”

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See also,

TSP Takes Step toward Upcoming In-Plan Roth Conversions

5 Steps to Protect Your Federal Job During the Shutdown

Over 30K TSP Accounts Have Crossed the Million Mark in 2025

The Best Ages for Federal Employees to Retire

Best States to Retire for Federal Retirees: 2025

Primer: Early out, buyout, reduction in force (RIF)

2025 Federal Employees Handbook