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 Prices2023-05-26
| Fund | Price | Day | YTD |
| G | $17.50 | 0.01% | 1.54% |
| F | $18.47 | 0.07% | 1.46% |
| C | $64.96 | 1.31% | 10.27% |
| S | $64.41 | 1.47% | 4.69% |
| I | $37.17 | 0.96% | 9.52% |
| L2065 | $13.39 | 1.20% | 9.24% |
| L2060 | $13.39 | 1.20% | 9.24% |
| L2055 | $13.40 | 1.20% | 9.24% |
| L2050 | $27.52 | 1.00% | 7.91% |
| L2045 | $12.64 | 0.94% | 7.53% |
| L2040 | $46.48 | 0.88% | 7.15% |
| L2035 | $12.37 | 0.81% | 6.71% |
| L2030 | $41.52 | 0.74% | 6.26% |
| L2025 | $11.94 | 0.46% | 4.56% |
| Linc | $23.65 | 0.31% | 3.48% |