All three stock-based TSP funds were down substantially in January, with the international stock I fund losing 8.52 percent, the small U.S. company stock S fund down 6.27 percent and the large company stock C fund down 5.98 percent. The drops were enough to send the S and C funds into negative territory on their 12-month returns, down 4.13 and 2.26 percent, respectively, while the I fund is barely above water at 0.62 percent. The bond F fund and the government securities G fund gained 1.76 and 0.33 percent, respectively, in January, for 12-month gains of 8.98 and 4.76 percent. The January and 12-month returns for the lifecycle funds were: income, 0.97, 3.89; 1010, -2.07, 3.27; 2020, -3.9, 1.46; 2030 -4.71, 0.67; 2040, -5.37, 0.06.