Stephen F. Austin State University
Statement of Changes in Investment Assets
Quasi Fund
At August 31, 2008
Book Value Market Value
Beginning Investment Assets - 06/01/2008  $4,007,199.00  $4,180,652.94
Receipts/Contributions                    -                      -  
Investment Income         46,633.90         46,633.90
Change in Accrued Interest         (7,532.36)
Distributions
Net Realized Gains (Losses)
Change in Cost Basis         (1,384.90)
Changes in Net Unrealized Appreciation (Depreciation)                    -             23,439.55
Ending Investment Assets - 08/31/2008  $4,052,448.00    $4,243,194.03
Rate of Return 1.50%
Accrued interest for the reporting period  $     33,399.36
Prior period accrued interest  $     40,931.72
Prepared in Compliance with Generally Accepted Accounting Priniciples