Business Context and Reporting Period
This Form 8-K is a current report filed by Synthetic Fixed-Income Securities, Inc. on behalf of the STRATS(SM) Trust for Wal-Mart Stores, Inc. Securities, Series 2005-4. The report covers the event date of September 15, 2006. The Trust was established under a Base Trust Agreement dated September 26, 2003, and a Series Supplement dated October 17, 2005.
Key Financial Metrics
The filing reports a distribution made to certificate holders on September 15, 2006. Specific dollar amounts, revenue, profit, cash flow, margins, debt, or liquidity figures are not provided in the text of this report; such details are contained in the attached Exhibit 99.1 (Trustee's Distribution Statement).
Material Changes
Other than the scheduled distribution reported herein, the registrant states that no other reported or reportable transactions or matters have occurred during the current reporting period.
Guidance, Outlook, and Risks
The filing notes that Wal-Mart Stores, Inc., the issuer of the underlying securities, is subject to Exchange Act reporting requirements. The registrant and trustee explicitly state they have not participated in the preparation of Wal-Mart's reports, nor have they verified the accuracy or completeness of those documents. There is no assurance that undisclosed events affecting the issuer or underlying securities have not occurred.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific distribution amount paid on September 15, 2006.
- Verify the current financial status of Wal-Mart Stores, Inc. (File No. 001-06991) via the SEC EDGAR system, as the Trust's performance is linked to the underlying securities.
- Confirm that no subsequent events have occurred that might impact the underlying securities since the filing date.