Stephen F. Austin State University
Statement of Changes in Investment Assets
Quasi Fund
At February 28, 2009
Book Value Market Value
Beginning Investment Assets - 12/01/08  $4,082,867.00  $4,399,404.67
Receipts/Contributions
Investment Income         59,305.11         59,305.11
Change in Accrued Interest        (40,385.40)
Distributions
Net Realized Gains (Losses)       299,017.81       299,017.81
Change in Cost Basis            (389.57)
Changes in Net Unrealized Appreciation (Depreciation)        (276,541.84)
Ending Investment Assets - 02/28/09  $4,440,800.35  $4,440,800.35
Rate of Return 0.94%
Accrued interest for the reporting period  $                -  
Prior period accrued interest  $     40,385.40
Prepared in Compliance with Generally Accepted Accounting Priniciples