Stephen F. Austin State University
Inventory of Fixed Securites
Quasi 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		08/31/02		6.250%		250,000		$247,500		$250,000						($250,000)
U.S. Treasury Note		02/15/03		6.250%		200,000		$203,625		$204,062		$201,672		$202,000		($2,062)		6.18%		$3,601
U.S. Treasury Note		04/30/03		5.750%		200,000		$205,529		$205,376		$203,476		$203,688		($1,688)		5.64%		$921
U.S. Treasury Note		08/15/03		5.750%		254,000		$463,899		$471,165		$258,975		$261,698		($209,467)		5.58%		$4,207
U.S. Treasury Note		02/15/04		5.875%		250,000		$258,723		$264,297		$257,212		$262,735		($1,562)		5.59%		$4,231
U.S. Treasury Note		05/31/04		3.250%		500,000		$501,075		$510,470		$500,921		$510,625		$155		3.18%		$8,080
U.S. Treasury Note		05/31/04		3.250%		500,000						$508,413		$510,625		$510,625		3.18%		$8,081
U.S. Treasury Note		08/15/04		6.000%		200,000		$208,357		$214,876		$207,275		$213,688		($1,188)		5.61%		$3,457
U.S. Treasury Note		05/15/07		4.375%		100,000						$105,180		$105,094		$105,094		4.16%		$169
FHLMC		07/15/03		5.750%		350,000		$364,300		$362,033						($362,033)
FNMA		03/15/04		4.750%		125,000		$128,461		$130,117		$128,461		$129,726		($391)		4.57%		$1,220
FNMA		05/14/04		5.625%		175,000		$182,251		$185,116		$182,251		$184,133		($983)		5.34%		$383
FNMA		05/14/04		5.625%		200,000						$210,945		$210,438		$210,438		5.34%		$438
FNMA		03/15/05		3.875%		600,000						$620,744		$620,065		$620,065		3.74%		$4,779
FNMA P535631		2015		7.000%		143,175		$66,561		$67,500						($67,500)
FNMA P253846		2016		6.500%		60,499		$47,115		$47,991						($47,991)
FNMA P630952		2017		6.500%		200,866		$191,926		$195,020						($195,020)
FNMA P625941		2017		6.000%		200,000		$196,002		$200,554						($200,554)
FNMA P641810		2017		6.000%		50,000		$48,427		$49,808						($49,808)
								$3,313,751		$3,358,385		$3,385,525		$3,414,515		$56,130				$39,567