Stephen F. Austin State University
								Inventory of Fixed Securites
								Quasi Endowment
								November 30, 2005
								Beginning Period				Ending Period
		Maturity				Face		9/1/2005		9/1/2005		11/30/2005		11/30/2005		Market Value		Current		Accrued
Security		Date		Coupon		Amount		Book Value		Market Value		Book Value		Market Value		Change		Yield		Interest
U.S. Treasury Note		12/31/05		1.875%		347,000		$592,335		$593,478		$344,289		$346,296		(247,182)		1.87%		$2,705
U.S. Treasury Note		04/30/06		2.250%		900,000		$896,484		$891,144		$896,484		$892,755		1,611		2.26%		$1,678
U.S. Treasury Note		07/31/06		2.750%		500,000		$501,438		$495,350		$501,048		$494,765		(585)		2.77%		$4,558
U.S. Treasury Note		11/15/06		3.500%		275,000		$279,606		$274,024		$278,649		$272,616		(1,408)		3.53%		$399
U.S. Treasury Note		03/31/07		3.750%		590,000		$590,492		$589,215		$590,414		$584,743		(4,472)		3.78%		$3,708
U.S. Treasury Note		05/15/07		4.375%		32,000		$33,203		$32,292		$33,024		$31,985		(307)		4.37%		$58
U.S. Treasury Note		02/15/08		3.375%		389,000		$385,992		$383,744		$385,992		$380,551		(3,193)		3.44%		$3,818
U.S. Treasury Note		03/15/10		4.000%		238,000		$239,421		$239,340		$239,339		$233,985		(5,355)		4.06%		$1,999
U.S. Treasury Note		03/15/10		4.000%		250,000						$250,667		$245,783		245,783		4.06%		$2,099
U.S. Treas Inflation Note		04/15/10		adjusted		107,000		$105,875		$107,274		$105,879		$106,596		(678)		0.92%		$118
								$3,624,846		$3,605,861		$3,625,785		$3,590,075		(15,786)				$21,140
Weighted Average Years to Maturity						1.45
Weighted Average Yield						2.98%