Greetings from Cape Canaveral. I retired in October 2016 and I'm trying not to make too many mistakes with my TSP account. I'm looking for a reference for values of the TSP G and C funds in 1999. No spreadsheets I find go back that far. Can anyone assist? Thank You.
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Recent USGovt. Retiree says hi.
- Thread starter USMMSalt
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Cactus
TSP Pro
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Your TSP site has the monthly returns for 1999 right here: https://www.tsp.gov/InvestmentFunds/FundPerformance/monthlyReturns.html?fundChoice=option3&disp=1999
- Reaction score
- 821
This is from Govexec.com
You can find the monthly numbers at the link below.
Thrift Savings Plan Monthly Returns - Pay & Benefits - GovExec.com
nnuut
Moderator | TSP Talk Royalty
- Reaction score
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Welcome to the Forum!!! Or click on this link it has the yearly returns for both.
https://www.tspdatacenter.com/annual_rates
https://www.tspdatacenter.com/annual_rates
PessOptimist
Market Veteran
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It sounds like you are looking for the price per share of these funds. The price per share is a “bench mark” or reference value established on May 31[SUP]st[/SUP] 2003 as $10.00. Prior to that it was kind of a “trust me, I’m from the government” kind of thing.
This is explained in a letter TSP.gov sent me in 2013 inserted below. (italics mine)
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".
Someone with a lot of time and desire to know could create share prices for the funds going back to 1999. Probably just a monthly price based on the percentages available.
I am not a math wiz nor a spreadsheet expert. There are some on this forum who could probably come up with a spread sheet creating these values using the available percentages pre June 1993.
In May 2003 the G fund showed an increase of .34%. This would maybe make the share price on April 30[SUP]th[/SUP] 1999 $9.9661? Using the factor resulting from 1/1.0034?
There may be a flaw in my computation. This explains why you can’t find the actual “price per share”.
PO
Thank you, PO. I utilized the previously referenced charts and struggled with a spreadsheet to devise a value for each fund as of JAN 1999. Unfortunately, the data is required as a part of "division of common assets". This Forums' response really helped me generate a $ figure quickly and accurately. I am beholden to the Group.
