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 Prices2023-03-30
| Fund | Price | Day | YTD |
| G | $17.40 | 0.01% | 0.96% |
| F | $18.69 | 0.19% | 2.67% |
| C | $62.41 | 0.58% | 5.96% |
| S | $63.80 | 0.28% | 3.68% |
| I | $36.69 | 1.26% | 8.11% |
| L2065 | $13.05 | 0.77% | 6.41% |
| L2060 | $13.05 | 0.77% | 6.41% |
| L2055 | $13.05 | 0.77% | 6.41% |
| L2050 | $26.93 | 0.65% | 5.60% |
| L2045 | $12.38 | 0.62% | 5.33% |
| L2040 | $45.57 | 0.58% | 5.06% |
| L2035 | $12.14 | 0.53% | 4.74% |
| L2030 | $40.80 | 0.49% | 4.40% |
| L2025 | $11.79 | 0.32% | 3.21% |
| Linc | $23.41 | 0.21% | 2.43% |