Stephen F. Austin State University
Inventory of Fixed Securities
Endowment Fund
November 30, 2002
								Beginning Period				Ending Period
		Maturity				Face		9/1/2002		9/1/2002		11/30/2002		11/30/2002	Market Value			Current		Accrued
Security		Date		Coupon		Amount		Book Value	Market Value			Book Value	Market Value			Change		Yield		Interest
U.S. Treasury Note		04/30/03		5.750%		74,000		$75,662		$75,987						($75,987)
U.S. Treasury Note		04/30/03		5.750%		116,000		$118,474		$119,117		$85,450		$85,548		($33,569)		5.64%		$603
U.S. Treasury Note		04/30/03		5.750%		262,000		$268,653		$269,041		$133,162		$133,415		($135,626)		5.64%		$387
U.S. Treasury Note		02/15/10		6.500%		72,000						$83,849		$83,610		$83,610		5.59%		$1,348
U.S. Treasury Bond		02/15/29		5.250%		213,000		$200,934		$217,324		$205,996		$213,799		($3,525)		5.23%		$3,220
U.S. Treasury Bond		02/15/29		5.250%		55,000						$53,191		$55,206		$55,206		5.23%		$831
U.S. Treasury Strips		08/15/20		0.000%		226,000		$76,887		$87,902		$75,541		$85,159		($2,743)
FHLMC		03/15/09		5.750%		38,000		$39,036		$41,515						($41,515)
FHLMC		03/15/09		5.750%		279,000		$284,581		$304,808						($304,808)
FHLMC		03/15/09		5.750%		25,000		$25,799		$27,312						($27,312)
FHLMC C55740		2030		7.000%		201,398		$139,275		$141,222		$114,310		$116,149		($25,073)		6.70%		$606
FHLMC GO 1228		2031		7.000%		193,365		$90,265		$91,863		$66,991		$68,306		($23,557)		6.70%		$356
FHLMC GO 1381		2032		7.000%		9,000		$8,015		$8,082		$6,449		$6,515		($1,567)		6.70%		$34
FHLMC C67305		2032		7.000%		18,000		$17,793		$17,970		$15,863		$16,050		($1,920)		6.70%		$84
FNMA		11/15/30		6.625%		113,000		$95,668		$105,280		$120,940		$127,690		$22,410		5.86%		$293
FNMA		06/15/09		6.375%		204,000						$232,453		$229,118		$229,118		5.67%		$5,924
FNMA P535315		2015		7.000%		64,000		$30,082		$30,406		$24,982		$25,318		($5,088)		6.60%		$130
FNMA P535631		2015		7.000%		48,000		$22,315		$22,629		$17,943		$18,239		($4,390)		6.61%		$94
FNMA P625941		2017		6.000%		80,000		$78,401		$80,219		$73,051		$75,126		($5,093)		5.77%		$338
FNMA P545582		2017		7.000%		213,000		$186,175		$188,857		$154,643		$157,242		($31,615)		6.61%		$809
FNMA P643837		2017		6.000%		55,000		$53,560		$55,238		$47,863		$49,614		($5,624)		5.77%		$223
FNMA P545725		2017		7.000%		145,000		$137,084		$132,823		$116,243		$118,750		($14,073)		6.59%		$609
FNMA P254403		2017		6.000%		9,000		$9,061		$9,237		$8,392		$8,599		($638)		5.77%		$39
FNMA P254262		2032		6.000%		190,000		$189,748		$195,933		$176,766		$183,128		($12,805)		5.88%		$836
FNMA P634481		2032		6.500%		285,000		$281,120		$287,561		$263,209		$269,482		($18,079)		6.28%		$1,320
FNMA P640058		2032		6.500%		47,000		$45,352		$45,365		$40,375		$41,692		($3,673)		6.28%		$204
FNMA P254346		2032		6.500%		9,000		$9,002		$9,181		$8,095		$8,258		($923)		6.28%		$40
FNMA P254345		2032		6.000%		45,000		$144,366		$150,693		$42,206		$44,201		($106,492)		5.86%		$202
FNMA P652398		2032		6.500%		22,000		$22,090		$22,520		$20,724		$21,149		($1,371)		6.28%		$103
FNMA P254405		2032		6.000%		51,000		$50,702		$51,941						($51,941)
FED FARM CREDIT BANK		12/3/2002		0.000%		277,000						$276,633		$277,000		$277,000
								$2,700,100		$2,790,026		$2,465,320		$2,518,363		(271,663)				$18,633