| 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% | |||||||||||||||||||