Stephen F. Austin State University
Inventory of Fixed Securities
Quasi Endowment Fund
May 31, 2003
Beginning Period Ending Period
Maturity Face 3/1/2003 3/1/2003 5/31/2003 5/31/2003 Market Value Current Accrued
Security Date Coupon Amount Book Value Market Value Book Value Market Value Change Yield Interest
U.S. Treasury Note 4/30/2003 5.75% 131,000 131,932 131,941   (71,747) 5.70%
U.S. Treasury Note 8/15/2003 5.75% 254,000 257,209 259,240 (2,458) 5.63%
U.S. Treasury Note 2/15/2004 5.875% 230,000 255,702 261,095 233,877 237,619 (4,097) 5.68% 3,882
Fed. Natl Mortgage 3/15/2004 4.750% 125,000 128,461 129,453 128,461 128,476 (977) 4.62% 1,237
Fed. Natl Mortgage 5/14/2004 5.625% 375,000 393,197 393,866 393,197 390,705 (3,161) 5.39% 879
U.S. Treasury Note 5/31/2004 3.250% 1,000,000 1,007,783 1,024,380 1,006,230 1,020,953 (3,440) 3.18% 16,160
U.S. Treasury Note 8/15/2004 6.000% 200,000 206,193 213,500 205,125 211,562 (1,938) 5.67% 3,448
Fed. Natl Mortgage 3/15/2005 3.875% 564,000 620,736 627,186 583,491 589,554 (37,632) 3.70% 4,553
Fed. Natl Mortgage 3/15/2005 3.875% 360,000 374,849 376,311 374,849 376,311 0 3.70% 2,906
Fed. Natl Mortgage 3/15/2005 3.875% 406,000 424,661 424,385 424,385 3.70% 3,278
U.S. Treasury Note 5/15/2007 4.375% 100,000 104,889 107,783 104,588 109,250 1,469 4.00% 178
3,745,000 3,480,951 3,524,755 3,454,479 3,488,815 300,404 36,521
Weighted Average Years to Maturity 1.52
Weighted Average Yield 3.69%