June 2021

Allocation Percentages for June 2021
F Fund

0%

C Fund

27%

S Fund

73%

I Fund

0%

Welcome to June! May seemed like a more "normal" month than we have had in a long time. With fears of the pandemic last year, the election cycle, and the optimism of lockdowns and normal life returning, we have ridden numerous up and down waves. May, was a bit calmer. Of note, the Sortino Standard Deviation of all three stock funds are within 0.10% of each other, making the funds pretty equal investments, if one were to only use this metric. For example, a year ago, the Sortino Standard Deviation was C - 5.05%, S - 7.01%, and I - 4.676%, a rather wide spread. Much of this deviation can be attributed to the wild market in April and May of last year as these metrics use the previous 12 months. Standard deviation has also come down significantly while the funds average returns show very strong returns. Of course, this is all historical in nature and is only a guide at best. Moving forward, the year does continue to show promise with the reopening of the economy. As many of you will remember, I was invested in the F Fund for two months this year (February and March), when the market was unusually sloppy with high volatility. I chose not to participate in that much risk and my annual returns reflect my more conservative position from those months. They were highly volatile, but on each occasion, they ended up for the month, much to my chagrin. I expected the Federal Reserve to raise interest rates to curb inflation, that did not happen, and I don't see it happening for the remainder of the year. Therefore, with higher inflationary pressure and an expanding economy, stocks will continue to be the recipient of most investments, making the C, S, and even the I Fund look attractive as stable investments. Keep investing!
           
  

TSP FUND QUOTES

Date L Income L 2025 L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 G Fund F Fund C Fund S Fund I Fund
2024-11-22 26.8071 13.8108 51.0235 15.4040 58.6345 16.1249 35.5088 17.9670 17.9648 17.9624 10.6429 18.6680 19.5294 94.1871 96.2559 42.6555
2024-11-21 26.7630 13.7847 50.8402 15.3435 58.3842 16.0512 35.3363 17.8624 17.8602 17.8579 10.5814 18.6658 19.5205 93.8581 94.6413 42.4370
Daily Change 0.16%0.19%0.36%0.39%0.43%0.46%0.49%0.59%0.59%0.59%0.58%0.01%0.05%0.35%1.71%0.51%
Month to Date 1.08%1.22%2.18%2.37%2.56%2.72%2.89%3.49%3.49%3.49%3.46%0.26%-0.33%4.74%11.13%-1.08%
Year to Date 7.64%8.67%12.8%13.65%14.52%15.26%16.02%18.82%18.82%18.82%0%3.92%1.6%26.66%24.85%6.16%
Details L Income L 2025 L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 G Fund F Fund C Fund S Fund I Fund
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