| Stephen F. Austin State University | ||||||||||||||||||||
| Inventory of Fixed Securities | ||||||||||||||||||||
| Endowment Funds | ||||||||||||||||||||
| May 31, 2004 | ||||||||||||||||||||
| Beginning Period | Ending Period | |||||||||||||||||||
| Maturity | Face | 3/1/2004 | 3/1/2004 | 5/31/2004 | 5/31/2004 | Market Value | Current | Accrued | ||||||||||||
| Security | Date | Coupon | Amount | Book Value | Market Value | Book Value | Market Value | Change | Yield | Interest | ||||||||||
| Fed Home Loan Mtg Corp Notes | 01/15/06 | 5.250% | 117,000 | $136,518 | $137,305 | $122,897 | $122,046 | (15,259) | 5.03% | $2,269 | ||||||||||
| U. S. Treasury Note | 02/15/07 | 2.250% | 366,000 | $361,811 | $359,481 | 359,481 | 2.29% | $2,330 | ||||||||||||
| U. S. Treasury Note | 03/15/07 | 3.125% | 121,000 | $120,742 | $121,151 | 121,151 | 3.12% | $134 | ||||||||||||
| Fed Natl Mtg Assoc Sub Notes | 02/01/11 | 6.250% | 239,000 | $266,776 | $272,627 | $263,467 | $255,431 | (17,196) | 5.84% | $4,854 | ||||||||||
| FNMA P725168 | 01/01/19 | 4.500% | 303,000 | $301,846 | $304,291 | $291,409 | $284,601 | (19,690) | 4.59% | $982 | ||||||||||
| FNMA P255227 | 01/01/19 | 4.500% | 7,000 | $7,053 | $6,817 | 6,817 | 4.60% | $24 | ||||||||||||
| Hewlett Packard Co. Notes | 06/15/05 | 7.150% | 112,000 | $119,303 | $119,687 | $122,100 | $121,550 | 1,863 | 6.82% | $3,755 | ||||||||||
| Ford Motor Credit Co. Notes | 08/01/05 | 7.600% | 113,000 | $118,962 | $120,521 | $122,126 | $123,191 | 2,670 | 7.21% | $2,890 | ||||||||||
| FleetBoston Finl Corp Notes | 09/15/05 | 7.250% | 118,000 | $127,301 | $127,792 | (127,792) | ||||||||||||||
| Household Finl Corp Ltd Notes | 01/24/06 | 6.500% | 122,000 | $128,056 | $128,811 | $130,057 | $129,265 | 454 | 6.13% | $2,731 | ||||||||||
| Liberty Media Notes | floating | 123,000 | $119,739 | $120,567 | $123,720 | $125,087 | 4,520 | |||||||||||||
| United Tech Corp Notes | 11/01/06 | 4.875% | 140,000 | $147,881 | $149,130 | $151,385 | $149,841 | 711 | 4.68% | $527 | ||||||||||
| Province of Ontario Bond | 12/15/06 | 2.650% | 118,000 | $117,775 | $118,483 | $122,833 | $120,776 | 2,293 | 2.69% | $1,648 | ||||||||||
| Sprint Capital Corp Co. Guarantee | 01/15/07 | 6.000% | 115,000 | $122,027 | $124,154 | $121,405 | $120,888 | (3,266) | 5.70% | $2,549 | ||||||||||
| General Electric Cap Corp Bonds | 03/15/07 | 5.375% | 121,000 | $129,531 | $130,874 | (130,874) | ||||||||||||||
| Time Warner Inc. Notes | 05/01/07 | 6.150% | 117,000 | $126,452 | $128,270 | (128,270) | ||||||||||||||
| Morgan Chase & Co Global Notes | 05/30/07 | 5.250% | 113,000 | $120,432 | $121,965 | $120,923 | $118,891 | (3,074) | 5.03% | $2,959 | ||||||||||
| General Motors Capital Notes | 04/01/09 | 3.125% | 134,000 | $133,725 | $126,865 | 126,865 | 3.30% | $687 | ||||||||||||
| General Motors Accept Notes | 01/19/10 | 7.750% | 106,000 | $121,495 | $122,221 | $124,147 | $117,777 | (4,444) | 7.17% | $3,027 | ||||||||||
| Centex Corp Senior Notes | 02/01/11 | 7.875% | 99,000 | $114,623 | $117,993 | (117,993) | ||||||||||||||
| Duke Energy Corp Notes | 01/15/12 | 6.250% | 121,000 | $129,703 | $132,424 | $129,419 | $126,155 | (6,269) | 5.99% | $2,794 | ||||||||||
| Intl Paper Co Notes | 10/31/12 | multi | 115,000 | $120,202 | $122,792 | (122,792) | ||||||||||||||
| Cox Communications Inc. Notes | 10/01/12 | 7.125% | 103,000 | $115,560 | $119,513 | $120,936 | $118,154 | (1,359) | 6.51% | $1,218 | ||||||||||
| Alcan Inc. Global Notes | 02/15/14 | 5.200% | 121,000 | $121,080 | $125,724 | $121,069 | $117,864 | (7,860) | 5.33% | $2,971 | ||||||||||
| NM SLM Corp Notes | 01/31/14 | floating | 121,000 | $121,000 | $121,888 | $130,143 | $128,050 | 6,162 | ||||||||||||
| Total | 3,385,000 | 2,926,262 | 2,967,032 | 2,941,367 | 2,893,881 | (73,151) | 38,349 | |||||||||||||
| Weighted Average Years to Maturity | 4.98 | |||||||||||||||||||
| Weighted Average Yield | 5.22% | |||||||||||||||||||