| Stephen F. Austin State University | |||||||||||
| Statement of Changes in Investment Assets | |||||||||||
| Quasi Fund | |||||||||||
| At May 31, 2008 | |||||||||||
| Book Value | Market Value | ||||||||||
| Beginning Investment Assets - 03/01/2008 | $3,976,865.00 | $4,247,890.83 | |||||||||
| Receipts/Contributions | - | - | |||||||||
| Investment Income | 31,949.48 | 31,949.48 | |||||||||
| Change in Accrued Interest | - | 7,153.98 | |||||||||
| Distributions | (300.00) | (300.00) | |||||||||
| Net Realized Gains (Losses) | - | - | |||||||||
| Change in Cost Basis | (1,315.48) | - | |||||||||
| Changes in Net Unrealized Appreciation (Depreciation) | - | (106,041.35) | |||||||||
| Ending Investment Assets - 05/31/2008 | 4,007,199.00 | 4,180,652.94 | |||||||||
| Rate of Return | -1.58% | ||||||||||
| Accrued interest for the reporting period | $ 40,931.72 | ||||||||||
| Prior period accrued interest | $ 33,777.74 | ||||||||||
| Prepared in Compliance with Generally Accepted Accounting Priniciples | |||||||||||