| Stephen F. Austin State University | ||||||||||||||||||||
| Inventory of Fixed Securities | ||||||||||||||||||||
| Endowment Fund | ||||||||||||||||||||
| May 31, 2005 | ||||||||||||||||||||
| Beginning Period | Ending Period | |||||||||||||||||||
| Maturity | Face | 3/1/2005 | 3/1/2005 | 5/31/2005 | 5/31/2005 | Market Value | Current | Accrued | ||||||||||||
| Security | Date | Coupon | Amount | Book Value | Market Value | Book Value | Market Value | Change | Yield | Interest | ||||||||||
| Ford Motor Credit Co. Notes | 08/01/05 | 7.600% | 118,000 | $119,851 | $119,900 | ($119,900) | ||||||||||||||
| Liberty Media Notes | floating | 123,000 | $123,484 | $124,514 | ($124,514) | |||||||||||||||
| Morgan Chase & Co Global Notes | 05/30/07 | 5.250% | 117,000 | $122,575 | $120,125 | ($120,125) | ||||||||||||||
| General Motors Accept Notes | 01/19/10 | 7.750% | 112,000 | $125,260 | $116,897 | ($116,897) | ||||||||||||||
| Alcan Inc. Global Notes | 02/15/14 | 5.200% | 121,000 | $121,063 | $123,315 | ($123,315) | ||||||||||||||
| General Electric Capital Notes | 04/01/09 | 3.125% | 134,000 | $133,725 | $128,094 | ($128,094) | ||||||||||||||
| U.S. Treasury Note | 11/30/05 | 1.875% | 788,000 | $679,153 | $678,739 | $781,180 | $783,104 | $104,365 | 1.88% | |||||||||||
| U.S. Treasury Note | 08/15/07 | 2.750% | 160,000 | $246,445 | $241,701 | $159,486 | $157,104 | ($84,597) | 2.80% | $1,276 | ||||||||||
| Fed Nat'l Mtg Assoc. Note | 02/01/11 | 6.250% | 250,000 | $266,254 | $265,834 | $269,724 | $273,202 | $7,368 | 5.71% | $5,208 | ||||||||||
| U.S. Treasury Note | 11/15/14 | 4.250% | 725,000 | $504,630 | $495,255 | $730,891 | $738,086 | $242,831 | 4.17% | $1,339 | ||||||||||
| U.S. Treasury Note | 05/15/16 | 7.250% | 130,000 | $152,347 | $151,427 | $159,748 | $165,531 | $14,104 | 5.69% | $410 | ||||||||||
| Household Finl Corp Ltd Notes | 01/24/06 | 6.500% | 85,000 | $128,402 | $127,211 | $86,984 | $86,488 | ($40,723) | 6.38% | $1,949 | ||||||||||
| IBM Corp Nots | 10/01/06 | 4.875% | 160,000 | $162,099 | $162,104 | $162,104 | 4.81% | $1,300 | ||||||||||||
| Province of Ontario Bond | 12/15/06 | 2.650% | 135,000 | $124,808 | $122,571 | $134,630 | $132,717 | $10,146 | 2.69% | $1,649 | ||||||||||
| Citigroup Inc Notes | 02/01/08 | 3.500% | 164,000 | $161,273 | $161,544 | $161,544 | 3.55% | $1,914 | ||||||||||||
| General Electric Capital Notes | 01/15/13 | 5.450% | 153,000 | $160,513 | $161,682 | $161,682 | 5.15% | $3,150 | ||||||||||||
| Goldman Sachs Notes | 10/01/14 | 5.000% | 127,000 | $124,073 | $123,053 | $126,067 | $127,057 | $4,004 | 4.95% | $1,050 | ||||||||||
| $2,877,000 | $2,972,070 | $2,938,636 | $2,932,595 | $2,948,619 | $742,828 | $19,245 | ||||||||||||||
| Weighted Average Years to Maturity | 4.62 | |||||||||||||||||||
| Weighted Average Yield | 3.75% | |||||||||||||||||||