Following months of disappointing returns, the federal government’s 401(k)-style retirement savings plan returned to positive territory in May, with all but one portfolio finishing the month in the black.
The Thrift Savings Plan’s S Fund, made up of small- and mid-size businesses, led the way, growing 7.21% last month. Despite those gains, the S Fund remains 3.13% in the red so far this year. And the common stocks of the C Fund gained 6.29% in May, bringing its 2025 performance up to 1.05%.
The international investments of the I Fund increased 4.97% in value, bringing its gains this year to a TSP-best 14.42%. And the G Fund, which is made up of government securities, grew by its statutorily mandated rate of 0.36%. So far this year, the G Fund has increased 1.85%.
The fixed income (F) fund was the only TSP portfolio to lose value last month, falling 0.71%. Since January, the F Fund has grown 2.44%.