Why are Share prices of L 2010 so high?

[Ginger]

The L 2010 share price of $13.3647 is higher than L Income ($12.4703). With a loss of 10.57% compared to 5.43% for the L Income, can someone explain how L 2010 which has twice as many shares of S and I funds as well as more shares of the C fund can have higher share prices than the L income? All the share prices decrease beginning with L 2040 to L Income with the exception of L 2010.

Thanks

 

[luv2read]

It's called Barclay's Math.

 

[ATCJeff]

The L 2010 share price of $13.3647 is higher than L Income ($12.4703). With a loss of 10.57% compared to 5.43% for the L Income, can someone explain how L 2010 which has twice as many shares of S and I funds as well as more shares of the C fund can have higher share prices than the L income? All the share prices decrease beginning with L 2040 to L Income with the exception of L 2010.

Thanks

Your loss percentages are YTD. The share prices are a reflection of the funds value since inception. If the market continues down, eventually the L2010 fund will have a price lower the the L Income fund.

Jeff

 

[Guest2]

The (L) Funds consist of the (G)(F)(C)(S)(I) Funds, I assume that the
cost of rebalancing plays a large role. As of yesterday, the average cost
to buy 1 share of each of the individual funds equaled to 11.67242 per share.
Thats slightly higher then the (L)2040's 11.5700 per share and alot
lower then the other share prices within the (L) Funds.

 

[luv2read]

The (L) Funds consist of the (G)(F)(C)(S)(I) Funds, I assume that the
cost of rebalancing plays a large role. As of yesterday, the average cost
to buy 1 share of each of the individual funds equaled to 11.67242 per share.
Thats slightly higher then the (L)2040's 11.5700 per share and alot
lower then the other share prices within the (L) Funds.

i.e. Barclay's Math.

 

[ATCJeff]

The (L) Funds consist of the (G)(F)(C)(S)(I) Funds, I assume that the
cost of rebalancing plays a large role. As of yesterday, the average cost
to buy 1 share of each of the individual funds equaled to 11.67242 per share.
Thats slightly higher then the (L)2040's 11.5700 per share and alot
lower then the other share prices within the (L) Funds.

or as SB said...

The lower the C/S/I fund prices fall, the lower the L2010 price will fall.

I think we said the same thing differently.

 

[McDuck]

The L 2010 share price of $13.3647 is higher than L Income ($12.4703). With a loss of 10.57% compared to 5.43% for the L Income, can someone explain how L 2010 which has twice as many shares of S and I funds as well as more shares of the C fund can have higher share prices than the L income? All the share prices decrease beginning with L 2040 to L Income with the exception of L 2010.

2008 Year-to-Date as of Yesterday COD:

L_income -7.42%
L2010 -13.55%
L2020 -27.22%
L2030 -32.31%
L2040 -36.57%
C_fund -40.91%
S_fund -43.87%
I_fund -48.16%

 

[ATCJeff]

2008 Year-to-Date as of Yesterday COD:

L_income -7.42%
L2010 -13.55%
L2020 -27.22%
L2030 -32.31%
L2040 -36.57%
C_fund -40.91%
S_fund -43.87%
I_fund -48.16%

Greg she was using thur the end of October.

http://tsp.gov/rates/monthly-current.html