The G fund can yield more than .01 percent per day...depends on the rate of return for that month which is determined on the last business day the month before. " The G Fund rate is calculated by the U.S. Treasury as the weighted average yield of approximately 130 U.S. Treasury securities on the last day of the previous month." Source:
https://tspsmart.com/TSP-G-fund#:~:text ... utstanding.
Tracking the G fund
Moderator: Aitrus
Re: Tracking the G fund
As of March 2023, the TSP G Fund interest rate is 4.125%.
https://www.tspfolio.com/tspgfundinterestrate
I'm not a subscriber of that site. I just get the rate there every month.
https://www.tspfolio.com/tspgfundinterestrate
I'm not a subscriber of that site. I just get the rate there every month.
Re: Tracking the G fund
It says that "The goal of the (G) fund is to maintain a higher return than inflation." I don't remember any time that the G fund has done any better that the rate of inflation, but still 4.125% is probably better than you could get at any bank.
Fund Prices2023-05-30
| Fund | Price | Day | YTD |
| G | $17.51 | 0.04% | 1.58% |
| F | $18.62 | 0.78% | 2.25% |
| C | $64.96 | 0.01% | 10.28% |
| S | $64.44 | 0.04% | 4.73% |
| I | $36.87 | -0.81% | 8.63% |
| L2065 | $13.36 | -0.27% | 8.95% |
| L2060 | $13.36 | -0.27% | 8.95% |
| L2055 | $13.36 | -0.27% | 8.95% |
| L2050 | $27.48 | -0.16% | 7.74% |
| L2045 | $12.62 | -0.14% | 7.38% |
| L2040 | $46.42 | -0.13% | 7.01% |
| L2035 | $12.36 | -0.12% | 6.58% |
| L2030 | $41.48 | -0.10% | 6.15% |
| L2025 | $11.94 | -0.03% | 4.52% |
| Linc | $23.65 | 0.00% | 3.48% |