TSP L Income Fund: price, returns and what moves it
The TSP L Income Fund tracks a target-date mix of the G, F, C, S and I Funds. On Monday, November 9, 2026 its share price closed at $31.0582, +0.79% on the day and +6.21% so far this year (prices from tsp.gov).
Who it's for: tsp.gov suggests the L Income Fund for people born before 1965, who are already withdrawing from their TSP account, or who plan to begin withdrawing before 2028.
Price and returns
| Share price | $31.0582 |
|---|---|
| 1 day | +0.79% |
| Week | +0.79% |
| Month | +0.14% |
| Year to date | +6.21% |
Share price, past 12 months
- Low
- $28.6942
- High
- $31.1957
- Latest
- $31.0582
Daily closing prices through Monday, November 9, 2026. Source: tsp.gov share price history.
What's in the L Income Fund
Each L Fund is a ready-made mix of the five individual funds, chosen for a target retirement date. As the date approaches, the mix gradually shifts toward the G and F Funds; L Income is the mix for people already withdrawing.
| Fund | Now (October 2026) |
|---|---|
| G Fund | 66.37% |
| F Fund | 5.38% |
| C Fund | 14.69% |
| S Fund | 3.67% |
| I Fund | 9.89% |
Source: tsp.gov L Income Fund page. L Income's mix doesn't change quarterly.
Risk: Varies by date: later-dated L Funds hold more stock and swing more than earlier-dated ones.
How L Funds work: the glide path and what happens at the target dateWhat moves the L Income Fund
- The daily moves of the five individual funds, weighted by the L Fund's current mix
- Funds with later dates hold more stock, so they move more; L Income moves the least
Recent L Fund moves, explained
- Monday, November 9, 2026Stocks Snap Back: Broad Rally Lifts C, S and I Funds+2.13% avg.
- Friday, November 6, 2026Stocks bounce back from AI sell-off, but bond yields jump on hot jobs data+0.12% avg.
- Thursday, November 5, 2026Tech-led selloff hits stocks hard; bonds and G Fund stay steady-3.19% avg.
- Wednesday, November 4, 2026Election clarity sparks a broad market rally across TSP funds+1.22% avg.
- Tuesday, November 3, 2026Chip stocks rebound on Election Day, but bonds and overseas markets slip+0.05% avg.
One-day moves calculated from tsp.gov share prices, as reported in each day's briefing (L Funds: the average of their one-day moves).
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L Income Fund returns by year
Calendar-year change in the share price, from the last closing price of the prior year, calculated from tsp.gov share prices. Includes fund expenses. 2026 through Monday, November 9, 2026: +6.21%.
| Year | Return |
|---|---|
| 2025 | +9.36% |
| 2024 | +7.37% |
| 2023 | +8.99% |
| 2022 | -2.70% |
| 2021 | +5.42% |
| 2020 | +5.15% |
| 2019 | +7.60% |
| 2018 | +0.71% |
| 2017 | +6.19% |
| 2016 | +3.58% |
| 2015 | +1.85% |
| 2014 | +3.77% |
| 2013 | +6.97% |
| 2012 | +4.77% |
| 2011 | +2.23% |
| 2010 | +5.74% |
| 2009 | +8.57% |
| 2008 | -5.09% |
| 2007 | +5.56% |
| 2006 | +7.59% |
Common questions
What is the TSP L Income Fund's allocation?
As of October 2026, tsp.gov shows the L Income Fund's target mix as 66.37% G Fund, 5.38% F Fund, 14.69% C Fund, 3.67% S Fund and 9.89% I Fund, so 28.25% is in the stock funds (C, S and I).
Who should invest in the TSP L Income Fund?
tsp.gov suggests the L Income Fund for people born before 1965, who are already withdrawing from their TSP account, or who plan to begin withdrawing before 2028. Unlike the other L Funds, its mix of the G, F, C, S and I Funds doesn't change quarterly, but it is rebalanced daily to keep its target mix.
How do TSP L Funds work?
Each L Fund holds a mix of the G, F, C, S and I Funds chosen for a target retirement year. The mix is rebalanced automatically and becomes more conservative as that year approaches.
What happens to an L Fund at its target date?
When an L Fund reaches its target year, it is rolled into the L Income Fund, which keeps a steady, conservative mix for people drawing income.
Other TSP funds
See how much goes into your TSP each month with the free TSP contribution calculator.
Sources: official share prices from tsp.gov share price history; fund details from the L Income Fund page on tsp.gov. Educational information, not investment advice. Past performance does not guarantee future results.