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Actual TSP fund day change Price date Sep 16, 2026 · loaded Sep 16, 2026 8:09 PM CDT

Mode: Actual TSP fund prices. Day changes use consecutive rows from our share-price history (source: tsp.gov daily valuations as stored in our database). Official TSP share prices typically post around 8:00 PM CDT on trading days. Comparing Sep 16, 2026 vs prior post Sep 15, 2026.

Fund Tracks / index Share price Prior price Day change
F · F Fund
Fixed Income Index Investment Fund
Bloomberg U.S. Aggregate Bond Index 20.5873 20.5933 -0.03%
C · C Fund
Common Stock Index Investment Fund
S&P 500 Index 121.8196 122.3618 -0.44%
S · S Fund
Small Cap Stock Index Investment Fund
Dow Jones U.S. Completion Total Stock Market Index 113.1040 113.4990 -0.35%
I · I Fund
International Stock Index Investment Fund
International equities (historically MSCI EAFE; broader ex-U.S. indexes may apply) 64.7938 64.7795 +0.02%

Share prices and day changes above are from official TSP fund valuations as stored for the price dates shown. Values can differ from a live tsp.gov session until our database has refreshed (typical post ~8:00 PM CDT on trading days).

Current allocations
Monthly allocation

Busy August, Staying the Course - September Allocation

Allocation percentages for September 2023
F Fund 0%
C Fund 58%
S Fund 0%
I Fund 42%

Welcome to September! August was filled with financial and economic news.  As August’s go, the information I had to digest set a record for the usually boring vacation-prone month.  Right out of the gate we had the Jackson Hole conference of leading economists and Central Bankers from across the globe (attendee list can be found here).  During this conference the Federal Reserve Chairman, Jerome Powell, stated “We are prepared to raise rates further if appropriate, and intend to hold policy at a restrictive level until we are confident that inflation is moving sustainably down toward our objective.”  During this “freebie” of an event, where official policy is not made, he is given more latitude to say things he would otherwise not do during a formal Federal Reserve meeting.  His statement above does in no way mean he will raise rates further.  Rather, he is trying to cool lending without raising rates through threats.  From a perspective standpoint, the effect on the economy is the same, but the results in the market are more muted.  As a result, the markets did not react as strongly compared to an actual further raising of rates.  Although the August inflation rate has ticked up a bit, lending across the board has stalled and the jobs reports are not as hot as they once were.  This impact will affect the S Fund, one of the reasons I'm currently not invested in it.

 

The second piece of data that became available is the ongoing financial crisis in China.  China has for years manipulated its economy to hits it target GDP of 6-7% per year by changing its currency, encouraging investments in real estate (at one point during this boom in the early 2010’s, China consumed more concrete in a few years than the US did during the entire 20th Century).  Their “wealth” is held in real estate and from that wealth they have become major consumers.  The realization of Evergrande's failures and the looming potential failure of Country Garden (sounding eerily similar to Countrywide) has induced panic within the Chinese economy.  In an effort to stabilize the developers of China's Ghost Cities, mortgage requirements have been lowered a bit, but the damage has been done, and a consumer behemoth with less free capital to spend, will impact the world’s economy, mainly in technology, raw materials, and quite possibly the financial sector, depending on the amount of exposure they have to debts about to enter into default.  On a side note, the US housing market is also facing challenges, primarily due to higher interest rates, in contrast to the systemic risk analysis failures that led to the 2008 crisis.  Impacts will occur, but not on the grand scale we saw in the Great Recession.

 

While it is often popular to hate the Federal Reserve, I do think they have positioned the US in a good position to respond to a recession.  They have an edict to reduce inflation and maintain full employment (I’ve covered the IS-LM-FE curve before) and right now we have higher than desired inflation and employment that was at max or maybe beyond a few months ago.  When a recession does occur, they can quickly respond.  Other central banks have followed the Federal Reserve's example, positioning themselves in a similarly robust state compared to the era of near-zero interest rates. 

 

As mentioned earlier, I am not bullish on small caps, yet I maintain a positive outlook on the C Fund and the I Fund, influencing my allocation percentages for September. Keep investing!

Last 12 month TSP returns

TSP fund quotes

Latest stored share prices for context with this post. Scroll sideways on small screens.

Date L Income L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 L 2075 G Fund F Fund C Fund S Fund I Fund
2026-09-16 30.9516 63.1152 19.3938 74.7409 20.7723 46.2304 24.2845 24.2811 24.2775 14.3884 12.5683 20.2182 20.5873 121.8196 113.1040 64.7938
2026-09-15 30.9724 63.2041 19.4277 74.8841 20.8151 46.3321 24.3491 24.3457 24.3422 14.4267 12.6018 20.2155 20.5933 122.3618 113.4990 64.7795
Daily Change -0.07%-0.14%-0.17%-0.19%-0.21%-0.22%-0.27%-0.27%-0.27%-0.27%-0.27%0.01%-0.03%-0.44%-0.35%0.02%
Month to Date -0.47%-1.04%-1.31%-1.44%-1.56%-1.66%-1.94%-1.95%-1.95%-1.95%-1.95%0.22%-1.25%-1.67%-2.98%-2.03%
Year to Date 5.84%8.64%9.7%10.26%10.75%11.26%13.32%13.32%13.32%13.31%13.31%3.22%-1.41%11.24%12.64%16.76%
Details L Income L 2030 L 2035 L 2040 L 2045 L 2050 L 2055 L 2060 L 2065 L 2070 L 2075 G Fund F Fund C Fund S Fund I Fund

Allocation history

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