L 2050

Shareclass
L 2050
Type
TSP fund
Target date
TSP Lifecycle Funds

The Thrift Savings Plan funds do not publish full portfolio holdings, but they track indexes that are shared with other mutual funds. L 2050 is a mix of the TSP C, S, I, F, and G funds. We model the L fund portfolios using the allocation details published by the Thrift Savings Plan, and use matching index funds to represent the constituent TSP funds.

Deforestation grade: Fund is invested in deforestation-risk agricultural commodity producer/traders, above the threshold of 0.5% and below 1.5%. Assigned a grade of D.
How we track deforestation-risk investments
D
11.87%
INVESTED IN DEFORESTATION-RISK COMPANIES
producers
AGRIBUSINESS
deforestation-risk producers and traders of palm oil, paper/pulp, rubber, timber, cattle, and soy
banks
BANKS AND LENDERS
that finance deforestation-risk agribusiness producers via lending and underwriting
consumers
MAJOR CONSUMER BRANDS
that use deforestation-risk agribusiness commodities in products
145
holdings flagged
12%
of assets flagged
This fund contains
 $4.61 BILLION invested 
in holdings flagged for deforestation risk
Take action
producers
Commodity producers
18 holdings
0.5% of assets
$195.23 MILLION invested
banks
Banks and lenders
24 holdings
3.35% of assets
$1.3 BILLION invested
consumers
Major consumer brands
112 holdings
8.2% of assets
$3.19 BILLION invested
Commodity producers
Commodity producers
18 HOLDINGS
Companies that produce and trade palm oil, paper/pulp, rubber, timber, cattle, and soy, and have a past record or a significant risk of contributing to deforestation, land grabbing, and human rights abuses. Investing in any of these companies assigns a fund a grade of C if total producer exposure is below the threshold of 0.5%; a grade of D if below 1.5%; and a grade of F if above 1.5%.
18 HOLDINGS
  • % of portfolio
    $ invested
  • 1. ITOCHU Corp
    Timber producerRubber producerPaper/pulp producerPalm oil producer
    0.1%0.1% of portfolio
    $39.06M$39.06M invested
    Timber producerRubber producerPaper/pulp producerPalm oil producer
  • 2. Mitsubishi Corp
    Palm oil producer
    0.1%0.1% of portfolio
    $37.53M$37.53M invested
    Palm oil producer
  • 3. Glencore PLC
    Soy producerPalm oil producer
    0.09%0.09% of portfolio
    $33.47M$33.47M invested
    Soy producerPalm oil producer
  • 4. Marubeni Corp
    Timber producerRubber producerPaper/pulp producer
    0.04%0.04% of portfolio
    $14.29M$14.29M invested
    Timber producerRubber producerPaper/pulp producer
  • 5. UPM-Kymmene Oyj
    Timber producerPaper/pulp producer
    0.02%0.02% of portfolio
    $9.39M$9.39M invested
    Timber producerPaper/pulp producer
View next 5
Banks and lenders
Banks and lenders
24 HOLDINGS
Financial institutions directly and indirectly involved in underwriting and lending to deforestation-risk producers and traders. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
24 HOLDINGS
  • % of portfolio
    $ invested
  • 1. JPMorgan Chase & Co
    0.59%0.59% of portfolio
    $227.74M$227.74M invested
  • 2. Commonwealth Bank of Australia
    0.3%0.3% of portfolio
    $115.56M$115.56M invested
  • 3. HSBC Holdings PLC
    0.29%0.29% of portfolio
    $113.31M$113.31M invested
  • 4. Bank of America Corp
    0.26%0.26% of portfolio
    $102.81M$102.81M invested
  • 5. Mitsubishi UFJ Financial Group Inc
    0.23%0.23% of portfolio
    $88.44M$88.44M invested
View next 5
Major consumer brands
Major consumer brands
112 HOLDINGS
Consumer goods retailers that source palm oil, paper/pulp, rubber, timber, cattle, and soy from deforestation-risk producers and traders and sell it to consumers worldwide. Investing in any of these companies assigns a fund a grade of B (assuming there are no investments in producers).
112 HOLDINGS
  • % of portfolio
    $ invested
  • 1. Amazon.com Inc
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    1.6%1.6% of portfolio
    $622.45M$622.45M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 2. Nestle SA
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.39%0.39% of portfolio
    $152.02M$152.02M invested
    Soy major consumer brandCattle major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 3. Costco Wholesale Corp
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
    0.36%0.36% of portfolio
    $138.1M$138.1M invested
    Soy major consumer brandCattle major consumer brandTimber major consumer brandPaper/pulp major consumer brandPalm oil major consumer brand
  • 4. The Home Depot Inc
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
    0.35%0.35% of portfolio
    $136.4M$136.4M invested
    Cattle major consumer brandTimber major consumer brandRubber major consumer brandPaper/pulp major consumer brand
  • 5. Procter & Gamble Co
    Paper/pulp major consumer brandPalm oil major consumer brand
    0.35%0.35% of portfolio
    $135.26M$135.26M invested
    Paper/pulp major consumer brandPalm oil major consumer brand
View next 5
View more info
DATA AS OF 1 Oct 2024
Financial performance
Performance data provided byMorningstarFind more financial data on at Morningstar.com
Current fund
L 2050
Family
Thrift Savings Plan
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 11/01/24
  Less than one year of returns available
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
  Less than one year of returns available
More invested in commodity producers 
0.33% more invested
More invested in banks and lenders 
0.75% more invested
Less invested in major consumer brands 
3.45% less invested
Current fund
L 2050
Family
Thrift Savings Plan
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 11/01/24
  Less than one year of returns available
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
  Less than one year of returns available
More invested in commodity producers 
0.33% more invested
More invested in banks and lenders 
0.75% more invested
Less invested in major consumer brands 
3.45% less invested
Current fund
L 2050
Family
Thrift Savings Plan
Category
Target-Date 2050
vs.
Benchmark
IVV
iShares Core S&P 500 ETF
Family
iShares from BlackRock
Category
Large Blend
Fund comparison settings
Investment timeline
Performance as of: 11/01/24
  Less than one year of returns available
Benchmark
Suggested: Not available
IVV - iShares Core S&P 500 ETF
Fund comparison results
Compared to the benchmark, this fund has:
  Less than one year of returns available
More invested in commodity producers 
0.33% more invested
More invested in banks and lenders 
0.75% more invested
Less invested in major consumer brands 
3.45% less invested
Month-end trailing returns  
Annualized returns
Deforestation analysis
1-yr
3-yr
5-yr
10-yr
Commodity producers
This fund
- L 2050
/
/
/
/
0.5% 
Benchmark
IVV - iShares Core S&P 500 ETF
34%
11%
16%
13%
0.17% 
Fund compared to benchmark
 
  Less than one year of returns available
0.33%  higher
Find more financial data on L 2050 at Morningstar.com
Take Action
Call on U.S. investment firms to implement Deforestation and Land Grab-Free investment policies.
Find top-graded funds that avoid deforestation-risk investments.
Use Fossil Free Funds to check this fund's fossil fuel investments and carbon footprint.
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