Stephen F. Austin State University
Inventory of Fixed Securites
Operating 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
U.S. Treasury Note 03/31/05 1.625% 241,000 $1,746,302 $1,739,363 $241,431 $240,501 (1,498,862) 1.62% $656
U.S. Treasury Note 05/15/05 6.750% 576,000 $725,275 $723,709 $589,467 $587,226 (136,483) 6.62% $1,611
U.S. Treasury Note 08/15/05 6.500% 1,200,000 $1,254,918 $1,251,324 $1,240,298 $1,233,420 (17,904) 6.32% $22,679
U.S. Treasury Note 12/31/05 1.875% 2,000,000 $1,984,375 $1,993,760 $1,984,375 $1,982,420 (11,340) 1.89% $15,591
U.S. Treasury Note 02/15/06 5.625% 1,000,000 $1,055,576 $1,049,920 $1,045,844 $1,034,020 (15,900) 5.43% $16,355
U.S. Treasury Note 04/30/06 2.250% 2,500,000 $2,490,234 $2,499,500 $2,490,234 $2,479,875 (19,625) 2.26% $4,662
U.S. Treasury Note 07/31/06 2.750% 1,500,000 $1,507,853 $1,495,845 1,495,845 2.75% $13,675
U.S. Treasury Note 11/15/06 3.500% 951,000 $980,290 $971,617 $976,935 $959,920 (11,697) 3.46% $1,379
U.S. Treasury Note 05/15/07 4.375% 300,000 $309,337 $313,383 $308,469 $308,694 (4,689) 4.25% $544
U.S. Treasury Note 05/15/09 3.875% 249,000     $255,909 $251,646 251,646 3.83% $400
10,517,000 $10,546,307 $10,542,576 $10,640,815 $10,573,567 30,991 $77,552
Weighted Average Years to Maturity 1.36
Weighted Average Yield 3.45%