Fedweek

All three Thrift Savings Plan stock funds posted strong returns in 2003, with the small and mid-capitalization (S) fund leading with a 42.92 percent gain, following an increase of 2.04 percent in December. The international stock (I) fund and the common stock (C) fund gained 37.94 and 28.54 percent in 2003, respectively, after gains in December of 7.68 and 5.24 percent. The bond (F) fund and the government securities (G) fund each gained 4.11 percent in 2003, after December gains of 1.01 and 0.49 percent. It was the first gaining year for the C fund since 1999; the S and I funds were launched in 2001 and posted losses both in that year and in 2002.