Returns to Oct 27, 2026
- Year to date
- 13.8%
- from Dec 31, 2025
- 1 year
- 14.3%
- from Oct 27, 2025
- 3 years
- 23.6%
- a year, from Oct 27, 2023
- 5 years
- 10.8%
- a year, from Oct 27, 2021
- Since start
- 15.1%
- a year, from Jul 1, 2020
Spans longer than a year show the yearly rate. Share prices include the fund's earnings and expenses, so a price change is the return.
What the L 2065 Fund holds
A mix of the G, F, C, S and I Funds that becomes steadily more conservative as its target year nears. When its mix matches the L Income Fund it retires and merges into L Income, on June 30 of its target year.
- First priced
- Jul 1, 2020
- Retires
- June 30 of 2065, when it merges into the L Income Fund.
Since Jul 1, 2020
$10,000 on Jul 1, 2020 would be about
$24,400
by Oct 27, 2026. In the C Fund over the same span: about $26,400.
- Growth per year
- 15.1%
- C Fund 15.3%
- Best year
- 23.3%
- 2023
- Worst year
- −17.6%
- 2022
- Biggest drop
- 26%
- peak to trough; C Fund 34%
Year by year
| Year | L 2065 | C Fund |
|---|---|---|
| 2020* | 24.1% | 18.3% |
| 2021 | 19.9% | 28.7% |
| 2022 | −17.6% | −18.1% |
| 2023 | 23.3% | 26.2% |
| 2024 | 16.3% | 25.0% |
| 2025 | 21.9% | 17.8% |
| 2026* | 13.8% | 13.8% |
* part of a year. Returns are from official daily share prices; each move happens at the close of its day.
Month by month
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Year |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020 | 4.1%* | 6.4% | −3.2% | −2.6% | 13.6% | 4.6% | 24.1%* | ||||||
| 2021 | −0.4% | 2.9% | 2.9% | 4.3% | 1.5% | 1.2% | 1.3% | 2.4% | −3.9% | 5.1% | −2.7% | 4.1% | 19.9% |
| 2022 | −5.4% | −2.4% | 1.9% | −8.1% | −0.9% | −7.3% | 7.9% | −4.4% | −9.3% | 7.4% | 8.0% | −4.5% | −17.6% |
| 2023 | 7.6% | −2.4% | 2.5% | 1.5% | −1.1% | 6.1% | 3.4% | −2.7% | −4.3% | −3.0% | 9.1% | 5.6% | 23.3% |
| 2024 | 0.5% | 4.5% | 3.3% | −4.1% | 4.7% | 1.2% | 2.5% | 2.4% | 1.6% | −2.2% | 4.6% | −3.1% | 16.3% |
| 2025 | 3.4% | −1.1% | −3.9% | 1.0% | 5.9% | 4.6% | 0.9% | 2.9% | 3.2% | 2.1% | 0.2% | 1.0% | 21.9% |
| 2026 | 3.1% | 1.8% | −6.4% | 9.8% | 5.0% | 0.1% | −0.9% | 2.9% | −1.5% | −0.1%* | 13.8%* |
Blue, the month was up; red, it was down; the deeper the colour, the bigger the move. * part of a month or year.
| Over | Spans | Best | Worst | Average | Lost money |
|---|---|---|---|---|---|
| 1 year | 5 | 23.3%to 2023 | −17.6%to 2022 | 12.7% | 1 of 5 |
| 3 years | 3 | 20.4%to 2025 | 5.7%to 2024 | 11.0% | 0 of 3 |
| 5 years | 1 | 11.5%to 2025 | 11.5%to 2025 | 11.5% | 0 of 1 |
Every span
| Ending | 1 year | 3 years | 5 years |
|---|---|---|---|
| 2025 | 21.9% | 20.4% | 11.5% |
| 2024 | 16.3% | 5.7% | |
| 2023 | 23.3% | 6.8% | |
| 2022 | −17.6% | ||
| 2021 | 19.9% |
Each figure is the yearly rate over a span ending on the last priced day of that year. A blank cell means the span starts before the fund did.
| High | Low | Fall | Fell over | Back after |
|---|---|---|---|---|
| Nov 8, 2021 | Oct 12, 2022 | −26.4% | 338 days | 2.1 yrs |
| Feb 18, 2025 | Apr 8, 2025 | −16.7% | 49 days | 90 days |
| Feb 25, 2026 | Mar 30, 2026 | −9.4% | 33 days | 49 days |
| Jul 16, 2024 | Aug 5, 2024 | −8.2% | 20 days | 38 days |
| Sep 2, 2020 | Sep 24, 2020 | −7.5% | 22 days | 68 days |
Past performance does not predict future returns. This is not investment advice.
Official TSP share prices through Oct 27, 2026.
Open the L 2065 in the backtester to test a plan that moves in and out of it, or see every fund.