Stephen F. Austin State University
Inventory of Fixed Securites
Operating Fund
August 31, 2004
Beginning Period Ending Period
Maturity Face 5/28/2004 5/28/2004 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
U.S. Treasury Note 03/31/05 1.625% 1,741,000 $1,748,871 $1,739,920 $1,746,302 $1,739,363 (557) 1.62% $6,648
U.S. Treasury Note 05/15/05 6.750% 700,000 $734,903 $732,375 $725,275 $723,709 (8,666) 6.52% $13,867
U.S. Treasury Note 08/15/05 6.500% 1,200,000 $1,270,181 $1,264,128 $1,254,918 $1,251,324 (12,804) 6.23% $3,391
U.S. Treasury Note 12/31/05 1.875% 2,000,000 $1,984,375 $1,993,760 1,993,760 1.88% $6,318
U.S. Treasury Note 02/15/06 5.625% 1,000,000 $1,065,735 $1,055,000 $1,055,576 $1,049,920 (5,080) 5.35% $2,446
U.S. Treasury Note 04/30/06 2.250% 2,500,000 $2,490,234 $2,499,500 2,499,500 2.25% $18,801
U.S. Treasury Note 11/15/07 3.500% 951,000 $983,791 $965,864 $980,290 $971,617 5,753 3.42% $9,768
U.S. Treasury Note 05/15/07 4.375% 300,000 $310,251 $310,875 $309,337 $313,383 2,508 4.18% $3,852
Total 10,392,000 $6,113,732 $6,068,162 $10,546,307 $10,542,576 4,474,414 $65,091
Weighted Average Years to Maturity 1.42
Weighted Average Yield 3.28%