Aside from the securities-backed G fund, Thrift Savings Plan funds closed out the first month of 2022 with lower returns than the month before, effectively clearing out any gains made over the last year.
After a boom in December, which saw the stock funds generally rise except the F fund, which matches a broad index representing the U.S. bond market, the end of January brought almost all of them into the red. The biggest month-over-month change came from the S fund, which went from 0.58% in December to -10.07% in January. The C fund fell from 4.48% to -5.18%, while the G fund saw the only paltry increase, from 0.12% in December to 0.13% in January.
Compared to a year ago, most of the funds are in the red except for the G fund which is up .06 percentage points over the previous year.
Among the Lifecycle funds, January was also a time for declines across the board. All funds had negative returns after a December entirely in the black. The biggest monthly decrease was in the L 2060 and 2065 funds which fell from 4.08% in December to -5.42% in January.
All Lifecycle funds had lower returns year over year, continuing a trend found in December. The smallest was the L Income fund which dipped from -0.10% in January 2021 to -1.28% last month.
| Thrift Savings Plan — January 2022 Returns | |||
| Fund | January | Year-to-Date | Last 12 Months |
| G fund | 0.13% | 0.13% | 1.45% |
| F fund | -2.09% | -2.09% | -2.83% |
| C fund | -5.18% | -5.18% | 23.27% |
| S fund | -10.07% | -10.07% | -1.68% |
| I fund | -3.96% | -3.96% | 8.22% |
| L Income | -1.28% | -1.28% | 4.18% |
| L 2025 | -2.37% | -2.37% | 7.41% |
| L 2030 | -3.33% | -3.33% | 8.97% |
| L 2035 | -3.68% | -3.68% | 9.64% |
| L 2040 | -4.01% | -4.01% | 10.33% |
| L 2045 | -4.32% | -4.32% | 10.85% |
| L 2050 | -4.60% | -4.60% | 11.44% |
| L 2055 | -5.41% | -5.41% | 13.92% |
| L 2060 | -5.42% | -5.42% | 13.92% |
| L 2065 | -5.42% | -5.42% | 13.91% |
