Stephen F. Austin State University
								Inventory of Fixed Securites
								Quasi Endowment Funds
								February 28, 2007
								Beginning Period				Ending Period
		Maturity				Face		12/1/2006		12/1/2006		2/28/2007		2/28/2007		Market Value		Current		Accrued
Security		Date		Coupon		Amount		Book Value		Market Value		Book Value		Market Value		Change		Yield		Interest
U.S. Treasury Note		03/31/07		3.750%		$590,000		$590,104		$587,463		$590,026		$589,215		$1,752		3.75%		$9,178
U.S. Treasury Note		05/15/07		4.375%		$32,000		$32,318		$31,909		$32,144		$31,948		$39		4.38%		$406
U.S. Treasury Note		02/15/08		3.375%		$589,000		$580,984		$579,429		$580,984		$580,554		$1,125		3.42%		$714
U.S. Treasury Note		12/15/08		3.375%		$700,000		$674,898		$683,704		$674,898		$684,796		$1,092		3.44%		$4,868
U.S. Treasury Note		07/15/09		3.625%		$500,000		$482,421		$489,240		$482,421		$489,180		($60)		3.70%		$2,203
U.S. Treasury Note		03/15/10		4.000%		$595,000		$593,335		$586,539		$593,214		$586,075		($464)		4.06%		$10,914
U.S. Treasury Note		01/15/11		4.250%		$490,000		$478,592		$486,227		$478,592		$485,370		($857)		4.29%		$2,531
U.S. Treasury Note		10/31/11		4.625%		$300,000		$301,115		$302,274		$301,063		$301,289		($985)		4.60%		$4,599
						$3,796,000		$3,733,767		$3,746,785		$3,733,342		$3,748,427		$1,642				$35,413
Weighted Average Years to Maturity						2.16
Weighted Average Yield						3.83%