The TSP Funds


There are five core investment options available to the millions of participants in the Federal Thrift Savings Plan (TSP):

Government Securities Investments. The G Fund (Government Securities Investment Fund) is designed to preserve capital while generating returns that exceed those of short-term U.S. Treasury securities. Because the G Fund is unique to the TSP, there is no publicly traded ticker symbol that tracks its performance.

Fixed Income Index Investments. The F Fund (Fixed Income Index Investment Fund) seeks to match the performance of the Bloomberg U.S. Aggregate Bond Index. The exchange-traded fund (ETF) that most closely tracks the F Fund is AGG (iShares Core U.S. Aggregate Bond ETF), which trades on the NYSE.

Common Stock Index Investments. The C Fund (Common Stock Index Investment Fund) seeks to match the performance of the Standard & Poor's 500 (S&P 500) Index. A commonly used ticker symbol for tracking the C Fund is $SPX, which is available on StockCharts.com and many other financial platforms.

Small Capitalization Stock Index Investments. The S Fund (Small Cap Stock Index Investment Fund) seeks to match the performance of the Dow Jones U.S. Completion Total Stock Market Index. The index symbol "$DWCPF" can be found on StockCharts.com and other charting services. Another commonly used proxy is the Vanguard Extended Market ETF (VXF). Because VXF is a tradable security, its price history is generally more consistent across major charting platforms, whereas data for DWCPF, being a raw index, can occasionally vary among providers.

International Stock Index Investments. The I Fund (International Stock Index Investment Fund) seeks to match the performance of the MSCI EAFE (Europe, Australasia, and Far East) Index. The exchange-traded fund (ETF) most commonly used as a proxy for the I Fund is EFA, which is widely available on StockCharts.com and other financial websites.


Interfund Transfer Limits

The TSP allows participants to make Interfund Transfers (IFTs) at any time; however, certain restrictions apply:

-- The first two IFTs made during any calendar month may redistribute assets among any or all of the TSP funds, including moving the entire account balance into the Government Securities Investment (G) Fund.

-- Any additional IFTs made during the same calendar month are restricted to transfers into the Government Securities Investment (G) Fund only.

If you maintain both a civilian account and a uniformed services account, these limitations are applied separately to each account.

Please note that an IFT is counted in the calendar month in which it is processed, not necessarily the month in which it is submitted.


Ticker Symbols (use StockCharts.com):

Fund Ticker Symbol
G none
F AGG
C $SPX
S $DWCPF
I EFA

Intraday Tracking Purposes:

SPY (C Fund) (delayed)

(Stockcharts.com Real-time) 		DWCPF (S Fund) (delayed)

(Stockcharts.com Real-time)
EFA (I Fund) (delayed)

(Stockcharts.com Real-time) 		AGG (F Fund) (delayed)

(Stockcharts.com Real-time)


History of the Lifecycle Funds:

Each of the Lifecycle (L) Funds is a diversified portfolio composed of the five core TSP funds (G, F, C, S, and I). These professionally designed funds allow participants to invest their entire account in a single fund while maintaining a level of risk and return potential that is appropriate for their anticipated retirement date.

The L Funds are designed to become more conservative over time. Their target allocations are periodically adjusted, gradually shifting from a greater emphasis on growth-oriented investments toward a more conservative mix as participants approach retirement. When a particular L Fund reaches its target date, its assets are merged into the L Income Fund, which is intended for participants who are currently withdrawing funds or expect to begin withdrawals in the near future.


An important characteristic of the L Funds is their disciplined approach to maintaining asset allocations. Although the underlying core funds fluctuate in value each day, the L Funds are rebalanced regularly to ensure that their allocations remain consistent with their investment objectives. This process helps maintain the desired level of risk and provides participants with a simple, professionally managed investment solution.

L Income Designed for participants who are currently withdrawing from their TSP accounts or who expect to begin withdrawals in the near future.
L 2025 Designed for participants who planned to begin withdrawing their money between 2021 and 2027.
L 2030 Designed for participants who expect to begin withdrawing their money between 2028 and 2032.
L 2035 Designed for participants who expect to begin withdrawing their money between 2033 and 2037.
L 2040 Designed for participants who expect to begin withdrawing their money between 2038 and 2042.
L 2045 Designed for participants who expect to begin withdrawing their money between 2043 and 2047.
L 2050 Designed for participants who expect to begin withdrawing their money between 2048 and 2052.
L 2055 Designed for participants who expect to begin withdrawing their money between 2053 and 2057.
L 2060 Designed for participants who expect to begin withdrawing their money between 2058 and 2062.
L2065 Designed for participants who expect to begin withdrawing their money between 2063 and 2067.
L2070 Designed for participants who expect to begin withdrawing their money in 2068 or later.