This responds to your inquiry of January 3, 2013, concerning your TSP account. You asked if the daily share prices of the TSP investment funds are available since the fund inception dates.
From its inception in April 1987 through the implementation of the new record keeping system in 2003, the TSP was a monthly valued, dollar-based plan, which meant that the value of the assets in participants’ accounts was determined once a month, as of month end, when monthly earnings were posted to participant accounts. All transactions and account balances in the record keeping system were accounted for and presented to participants (e.g., on the TSP participant statement, Website, or ThriftLine) solely in dollars. With the implementation of the new record keeping system, the TSP converted from monthly valuation to daily valuation and from a dollar-based to a share-based system. This means that the value of your account is determined each business day based on the daily share price and the number of shares you hold in each fund.
When TSP converted all fund balances into shares it did so by using an initial share price of $10.00. The $10.00 share price was selected because it was a round number that could easily be used to convert dollar balances into shares. This established a baseline, or starting point, as of May 31, 2003 (the last business day in the previous system). From that date forward, the share prices in each fund have changed at different rates, depending upon the returns of that investment fund.
Current share prices are available from the TSP Website at
www.tsp.gov or from the toll-free ThriftLine at 1-877-968-3778. Historical share prices are available from the TSP Website.
I hope this information is helpful. If you have further questions, you may contact the TSP through the Message Center or call the ThriftLine, toll-free, at 1-877-968-3778 and opt to speak with a Participant Service Representative. Callers outside the United States and Canada should call (404) 233-4400 (not a toll-free number). The TSP hours are Monday through Friday, 7 a.m. to 9 p.m. Eastern time. You may also write to the TSP at the address provided on the website under "Contact TSP".