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Thrift Savings Plan L 2045 Fund

Thrift Savings Plan · Daily Share Price · Currency is USD
20.6689
+0.0790 (0.38%)
Nov 12, 2026, 4:00 PM EST
Fund Assets11.10B
Expense Ratio0.039%
Cost per $1,000$0.39
Inception DateJul 1, 2020
Asset ClassAllocation
Fund FamilyTSP
Risk LevelMedium-high
Sharpe Ratio (1Y)0.78
DividendsNone
Previous Close20.59
1-Month Return-1.71%
YTD Return10.20%
1-Year Return11.46%
5-Year Return51.73%
Avg. Annual Return 12.08%
52-Week Low17.94
52-Week High21.30
All-Time High21.30

About TSP L 2045 Fund

The TSP L 2045 Fund is a lifecycle (target date) fund in the Thrift Savings Plan, the retirement savings plan for US federal employees and members of the uniformed services. It invests in the five TSP index funds (G, F, C, S and I) and is rebalanced daily. Its mix shifts gradually from stocks to bonds and government securities as its target year approaches, and in the target year it rolls into the L Income Fund. TSP funds are not traded on an exchange; prices are published daily by the TSP and include reinvested income. It is designed for people who expect to start withdrawing their money around 2045.

Fund Family Thrift Savings Plan

Performance

The TSP L 2045 Fund returned 11.46% in the past year, with income reinvested in its share price. Since it began in 2020, its average annual return has been 12.08%.

Annual Returns

The TSP L 2045 Fund's return in each calendar year since 2021. Its best year was 2023 (+19.03%) and its worst was 2022 (-14.03%). It had a positive return in 4 of 5 years.

YearReturnL 2045 Fund
2026 YTD+10.20%
2025+18.20%
2024+13.42%
2023+19.03%
2022-14.03%
2021+15.40%

Fund Allocation

The TSP L 2045 Fund's current mix of the five individual TSP funds. It shifts gradually from stocks to bonds and the G Fund until it rolls into the L Income Fund in 2045.

C Fund
39.91%
I Fund
26.86%
G Fund
16.34%
S Fund
9.98%
F Fund
6.91%

All TSP Funds

FundPriceYTD1-Year
G Fund20.38+4.06%+4.67%
F Fund20.61-1.29%-0.89%
C Fund122.62+11.97%+12.40%
S Fund111.76+11.31%+11.09%
I Fund62.84+13.25%+16.87%
L Income31.05+6.19%+7.03%
L 203063.07+8.56%+9.67%
L 203519.33+9.36%+10.54%
L 204074.44+9.42%+11.74%
L 204520.67+10.20%+11.46%
L 205045.96+10.61%+11.91%
L 205524.08+12.36%+13.81%
L 206024.07+12.35%+13.81%
L 206524.07+12.35%+13.80%
L 207014.27+12.35%+13.80%
L 207512.46+12.34%+13.80%
View All TSP Funds