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May proved to be another tough month in the large company stock C and small company stock S funds in the TSP, down 1.63 and 3.53 percent, respectively, although those figures are only through May 26.
Because of the transition to the new records-keeping system that launched June 1, the monthly return figures do not reflect market performance of May 27 or 31, the TSP said. It added, however, that accounts remained on investment during those days and said that the figures will be squared up when returns for June are released.
The international stock I fund gained 1.19 percent and the bond F fund 1.13 percent, while the government securities G fund rose 0.21 percent.
Of the lifecycle L funds, only the Income fund had a positive return, up 0.04 percent. Returns for the other L funds were: 2025, -0.15; 2030, -0.35; 2035, -0.41; 2040, -0.48; 2045, -0.54; 2050, -0.61; 2055, 2060, 2065, -0.89.
Through the May 26 cutoff date for the report, the S fund was down 21.69 percent year to date and 21.1 percent over the last 12 months; the C fund was down 14.35 and 2.12 percent, respectively, the I fund was down 11.69 and 11 percent, respectively, and the F fund down 8.3 and 7.59 percent, respectively, while the G fund was up 0.86 and 1.71 percent, respectively.
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