Only G Fund Positive in May

Only the government securities (G) fund of the TSP—which by design can never have a losing month—was in positive territory in May, gaining 0.44 percent while the bond (F) fund lost 0.09 percent, the common stock (C) fund lost 2.87 percent, the small company stock (S) fund lost 4.36 percent and the international stock (I) fund lost 3.87 percent. The 12-month returns are, respectively, 4.6 percent, negative 0.38, positive 8.68, 17.73 and 28.92 percent. Meanwhile, dragged down by the stock market’s performance in May, all five lifecycle funds posted losing months: 2040, down 2.87 percent; 2030, 2.45; 3030, 2.06; 2010, 1.31; and income, 0.33.