They are designed designed to let you invest your entire portfolio in a single L Fund and get the best expected return for the amount of expected risk that is appropriate for you. Then, in a surprise to many investors, prices rebounded and stocks had a great yearrewarding those who bought stocks during the downturn or held on to their stocks for the duration. . It is worth noting the observations of these experts as their knowledge and analysis may be significant on how stocks perform in coming months. The S Fund still has the most dismal performance among the core funds for the year as it is down -20.63%. The use of TikTok, the video sharing app owned by ByteDance Limited, a Chinese IT company based in Beijing, was recently banned on government devices as a part of the 2023 omnibus spending . How is this changing the composition of the federal workforce? Inflation has dominated stock market returns more than any other factor in 2022. In January, inflation increased 0.5%. March 3, 2023. Ralph Smith has several decades of experience working with federal human resources issues. An investor following the TSP Folio strategy typically enters the rebalancing orders on the last business day of the month, after the market close, or on the next business day. The firm owned 154,397 shares of the company's stock after selling 31,200 shares during the period. Over the past two years, we have read inflation is transitory, declining, improving, cooling, easing, abating, and actually slowing down. As a result, this Fund is now down -12.32% for the year. In this column, I will be reviewing the basics of this plan, its recent Please enter your name and email address below: Send me TSP fund updates: Weekly Daily. This average is for the Asian racial category. A retirement portfolio that contains an allocation to bond funds like the TSP F Fund, in addition to stock funds like the TSP C, I, and S funds, will typically be less volatile than one that contains only stock funds. At the end of October, the I Fund was still down -22.90%. TSP.gov has published monthly fund returns since inception, and daily fund price history since 2003. The majority of interest from our users has been with respect to the TSP rate data (daily, monthly and annual) we provide on the site as well as our weekly TSP returns . Get free TSP fund updates via email. Aggregate Bond ETF (AGG). With the November performance factored in, all of the TSP stock funds are ahead of where they stood at the end of October. You can join other TSP participants on our popular TSP . March 2, 2023. The majority of current federal employees are under theFederal Employees Retirement System (FERS). $0.590/$1,000 account balance 0.059% (5.9 basis points), Benchmark index Privacy Policy | It is too soon to say that the TSP Funds are in a bull market. The best app for tracking the TSP funds and your account performance. Completion Total Market Index.Note the index (blue) almost perfectly overlaps the TSP S Fund (green). After the announcement, the Dow Jones Industrial Average jumped into a new bull market. The fund uses a passive management (indexing) investment approach, designed to match the performance of the Bloomberg U.S. My Account. Ralph Smith has several decades of experience working with federal human resources issues. Here is an update on 2022 TSP fund performance and how TSP website problems have been rectified. It was established by Congress in the Federal Employees' Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. Should federal employees who were fired or resigned over the vaccine mandate be allowed to return to their jobs? The TSP Folio strategy has been consistently profitable, with a compound annual growth rate (CAGR) of 9.0%. The companies in the index represent 123 industries classified into the 11 major sector groups shown in the chart. The strongest growth rate is projected to be for China (5%) which is emerging from a massive lockdown due to Covid. Subscribe to our free email list to get our news updates in your inbox. Note: You can click the small square in the upper right hand area of the chart to expand view. Its right next to the down arrow. Despite the increased events with the end of year activity, February performance has been good. Point72 [] Phone service is not going to go away. Federal government websites often end in .gov or .mil. And yet we turn around and observe actually that everything has gone up widely in price. TSP Performance for September: Worst Nine Months for Stocks Since 2002, How is the Annual Federal Employee Pay Raise Determined? Advertise | . In January, overall participant satisfaction was 81.72%. No. This was also complicated by an older demographic that is not as experienced in using a computer program to resolve issues and therefore may have to handle problems with a phone call. A new rule from the Department of Labor requires considering climate change when investing retirement assets. At the latest meeting of the Federal Retirement Thrift Investment Board (FRTIB) on February 28, 2023, the contractor for this project, Accenture Federal Services, provided an update on the status, in other words, what has been going on to improve the user experience with the website and what areas still need the most attention for improvement. Sign up for free TSP Fund price and performance updates via email. The goal for participant satisfaction is a satisfaction rate of 90%. Will this impact TSP investments? As always happens, many investors sold their stocks after they declined dramatically in price. Ralph Smith has several decades of experience working with federal human resources issues. TSP Talk - . Here are the 2022 TSP returns for all funds in the Thrift Savings Plan for December 2022 and for all of 2022: The thrift savings plan (TSP) is a retirement investment program for federal employees and members of the uniformed services, including the Ready Reserve. 2023 Ralph R. Smith. It was established by Congress in the Federal Employees' Retirement System Act of 1986 and offers the same types of savings and tax benefits that many private corporations offer their employees under 401(k) plans. Before sharing sensitive information, make sure youre on a federal government site. If you want to do more thorough analysis, then go to Koyfin.com and set up a free user account to customize your charts to your hearts content. Daily TSP Performance. When comparing investments, a low standard deviation is preferable. But the common stocks of the C Fund continued their downward trajectory, finishing the May reporting window 1.65% in the red. 2023 Ralph R. Smith. Ralph Smith has several decades of experience working with federal human resources issues. The outlook portrayed by State Street is in favor of value stocks (rather than growth) outside of the United States. The fixed income bonds in the F Fund lost 1.08% in value in February, bringing its performance since January down to -3.15%. From the end of September 2018 through the end of September 2022, all of the categories in the chart had an increase in average federal pay. You can join other TSP participants on our popular TSP . In January 2022, the C Fund lost 5.18%, the S Fund was down 10.07% and the I Fund was down 3.96%. The year did not start off well. Other areas of successful performance are: Based on comments from TSP investors using the new TSP website, there are other areas that have provided a source of complaints. As a result, stocks are still down for the year for all TSP Funds except for the G Fund which has a positive 2022 return of 2.77% for the year. As readers have pointed out in comments, there is a large push to achieve equity based on race without comparable references to maintaining competence in providing government services. While TSP investors were probably hoping for a rebound, that did not occur. Accenture stated that the industry standard of participant satisfaction is 80%. Total expense ratio It is still impacting performance of the stock market. The chart below shows the returns of the C Fund over the last 34 years as well as the average annual return of around 12%. The site is secure. About this app. Thrift Savings Plan Talk For Federal Government Employees and Military Personnel. We are outperforming the buy-and-hold strategy by +6.31%, nearly doubling its overall performance. The number of older cases piled up. A new rule from the Department of Labor requires considering climate change when investing retirement assets. Subscribe to our free email list to get our news updates in your inbox. This reflects the end of the federal governments fiscal year. All rights reserved. While this category had the largest percentage increase of any other over a five-year period, this category had the lowest average salary ($85,498) among the average groups at the end of September 2022. January 2022 was not as bad as March 2020. The C Funds November performance was up 5.58%the 2nd best performance among the TSP core funds in November. Yes, you can visitFedSmith.comorTSPDataCenter.comanytime to subscribe to this email list. Critical race theory has been making headlines in passionate school board meetings and in schools. The F Fund was the only TSP portfolio in the red in 2021, declining 1.46%. Investors will ignore the sunny prognostications of political leaders seeking approval and wanting to stay in office. FedSmith.com. In TSP Talk you will get information on each of the TSP funds including market analysis, TSP fund returns, and recommended TSP fund allocations. TSP Share Prices . If you have questions about your TSP account, you must contact the TSP for assistance. The Dow Jones Industrial Average is up more than 20% since September 30th. All rights reserved. Subscribe to our free email list to get our news updates in your inbox. Prior to the introduction of the new website, there were about 4.1 million online accounts. For November though, the S Fund gained 3.59%. In TSP Talk you will get information on each of the TSP funds including market analysis, TSP fund returns, and recommended TSP fund allocations. As one would expect, no recommendations are made for specific TSP Funds in coming months. TSP Performance Up in 2023 After Dismal 2022 Returns. While the returns on the last day of January went up, for the month, the S&P 500 index experienced its worst monthsince March 2020. Daily TSP provides a beautiful set of interactive charts that automatically update each day and allow you to look through the entire TSP share price history for any fund.