Stephen F. Austin State University
Inventory of Fixed Securities
Endowment Fund
November 30, 2004
Beginning Period Ending Period
Maturity Face 9/1/2004 9/1/2004 11/30/2004 11/30/2004 Market Value Current Accrued
Security Date Coupon Amount Book Value Market Value Book Value Market Value Change Yield Interest
Fed Home Loan Mtg Notes 01/15/06 5.250% 119,000 $124,011 $123,723 $123,090 $121,938 (1,785) 5.12% $2,342
U.S. Treasury Note 08/15/07 2.750% 247,000   $495,918   $497,193 $246,445 $244,075   (253,118) 2.78% $1,975
Fed Nat'l Mtg Assoc. Note 02/01/11 6.250% 246,000 $268,018 $271,753 $267,130 $268,523 (3,230) 5.72% $5,083
U.S. Treasury Note 11/15/14 4.250% 500,000 $504,748 $495,705 495,705 4.28% $881
FNMA P725948 2034 5.500% 306,000 $309,384 $307,599 307,599 5.43% $1,346
Ford Motor Credit Co. Notes 08/01/05 7.600% 118,000 $122,017 $123,088 $120,922 $121,180 (1,908) 7.40% $2,964
Household Finl Corp Ltd Notes 01/24/06 6.500% 124,000 $130,859 $130,609 $129,615 $128,601 (2,008) 6.26% $2,822
Liberty Media Notes floating 123,000 $123,639 $124,478 $123,561 $124,587 109
United Tech Corp Notes 11/01/16 4.875% 146,000 $152,659 $152,386 $151,877 $150,318 (2,068) 4.73% $574
Province of Ontario Bond 12/15/06 2.650% 125,000 $124,820 $124,076 $124,814 $123,493 (583) 2.68% $1,518
Sprint Capital Corp Co. Guarantee 01/15/07 6.000% 116,000 $121,814 $123,216 $121,192 $121,455 (1,761) 5.73% $2,611
Morgan Chase & Co Global Notes 05/30/07 5.250% 117,000 $123,463 $123,371 $122,864 $121,650 (1,721) 5.04%
General Electric Capital Notes 04/01/09 3.125% 134,000 $133,725 $130,725 $133,725 $129,221 (1,504) 3.24% $687
General Motors Accept Notes 01/19/10 7.750% 112,000 $126,690 $123,757 $125,967 $120,012 (3,745) 7.23% $3,159
Alcan Inc. Global Notes 02/15/14 5.200% 121,000 $121,067 $123,784 $121,067 $123,784 0 5.13% $2,360
NM SLM Corp Notes 01/31/14 floating 131,000 $131,149 $132,649 $131,149 $132,649 0
Goldman Sachs Notes 10/01/14 5.000% 124,000 $124,075 $121,960 121,960 5.08% $1,051
Duke Energy Corp Notes 01/15/12 6.250% 121,000 $130,193 $131,635 (131,635) 5.79%
FNMA P725168 2019 4.500% 303,000 $282,369 $282,164 (282,164)
FNMA P255227 2019 4.500% 7,000 $6,894 $6,818 (6,818)
Hewlett Packard Co. Notes 06/15/05 7.150% 116,000 $122,629 $122,499 (122,499)
Fed Nat'l Mtg Assoc. Note 12/15/08 3.375% 12,000 $11,879 $11,942     (11,942)  
$2,050,000 $2,853,813 $2,859,866 $2,981,625 2,956,750 (448,287) $29,373
Weighted Average Years to Maturity 8.44
Weighted Average Yield 4.91%