Stephen F. Austin State University
Statement of Changes in Investment Assets
Quasi Endowment Fund
At November 30, 2007
Book Value Market Value
Beginning Investment Assets - 09/01/07  $   3,898,410.00  $     3,985,865.15
Receipts/Contributions
Investment Income           20,389.96             20,389.96
Change in Accrued Interest             18,269.21
Distributions
Net Realized Gains (Losses)
Change in Cost Basis               (178.96)
Changes in Net Unrealized Appreciation (Depreciation)               87,525.06
Ending Investments Assets - 11/30/07  $   3,918,621.00  $     4,112,049.38
Rate of Return 3.17%
Accrued interest for the reporting period  $         45,929.78
Prior period accrued interest  $         27,660.57
Prepared in Compliance with Generally Accepted Accounting Priniciples