Stephen F. Austin State University
Inventory of Fixed Securities
Endowment Fund
August 31, 2004
Beginning Period Ending Period
Maturity Face 6/1/2004 6/1/2004 8/31/2004 8/31/2004 Market Value Current Accrued
Security Date Coupon Amount Book Value Market Value Book Value Market Value Change Yield Interest
Fed Home Loan Mtg Notes 01/15/06 5.250% 117,000 $122,897 $122,046 $124,011 $123,723 1,677 5.04% $798
U.S. Treasury Note 02/15/07 2.250% 366,000 $361,811 $359,481 (359,481)
U.S. Treasury Note 03/15/07 3.125% 121,000 $120,742 $121,151 (121,151)
Fed Nat'l Mtg Assoc. Note 02/01/11 6.250% 239,000 $263,467 $255,431 $268,018 $271,753 16,322 5.65% $1,281
FNMA P725168 2019 4.500% 303,000 $291,409 $284,601 $282,369 $282,164 (2,437) 4.49% $1,057
FNMA P255227 2019 4.500% 7,000 $7,053 $6,817 $6,894 $6,818 1 4.49% $26
Hewlett Packard Co. Notes 06/15/05 7.150% 116,000 $122,100 $121,550 $122,629 $122,499 949 6.88% $1,759
Ford Motor Credit Co. Notes 08/01/05 7.600% 117,000 $122,126 $123,191 $122,017 $123,088 (103) 7.28% $722
Household Finl Corp Ltd Notes 01/24/06 6.500% 122,000 $130,057 $129,265 $130,859 $130,609 1,344 6.17% $807
Liberty Media Notes floating 123,000 $123,720 $125,087 $123,639 $124,478 (609)
United Tech Corp Notes 11/01/06 4.875% 144,000 $151,385 $149,841 $152,659 $152,386 2,545 4.67% $2,373
Province of Ontario Bond 12/15/06 2.650% 123,000 $122,833 $120,776 $124,820 $124,076 3,300 2.66% $699
Sprint Capital Corp Co. Guarantee 01/15/07 6.000% 115,000 $121,405 $120,888 $121,814 $123,216 2,328 5.64% $890
Morgan Chase & Co Global Notes 05/30/07 5.250% 114,000 $120,923 $118,891 $123,463 $123,371 4,480 4.97% $1,535
General Electric Capital Notes 04/01/09 3.125% 134,000 $133,725 $126,865 $133,725 $130,725 3,860 3.20% $1,769
General Motors Accept Notes 01/19/10 7.750% 109,000 $124,147 $117,777 $126,690 $123,757 5,980 7.01% $988
Duke Energy Corp Notes 01/15/12 6.250% 121,000 $129,419 $126,155 $130,193 $131,635 5,480 5.79% $974
Cox Communication Inc. Notes 10/01/12 7.125% 103,000 $120,936 $118,154 (118,154)
Alcan Inc. Global Notes 02/15/14 5.200% 121,000 $121,069 $117,864 $121,067 $123,784 5,920 5.08% $804
NM SLM Corp Notes 01/31/14 floating 130,000 $130,143 $128,050 $131,149 $132,649 4,599
U.S. Treasury Note 08/15/07 2.750% 497,000 $495,918 $497,193 497,193 2.74% $595
Fed Nat'l Mtg Assoc. Note 12/15/08 3.375% 12,000     $11,879 $11,942 11,942 3.39%  
Total $2,941,367 $2,893,881 $2,853,813 $2,859,866 (34,015) $17,077
Weighted Average Years to Maturity 4.89
Weighted Average Yield 4.73%