Business Context and Reporting Period
This Form 8-K is filed by Synthetic Fixed-Income Securities, Inc. on behalf of the STRATS(SM) Trust for Dominion Resources, Inc. Securities, Series 2005-6. The report covers the event date of May 15, 2006. The Trust was established to issue synthetic fixed-income securities backed by underlying securities issued by Dominion Resources, Inc.
Key Financial Metrics
The filing reports a scheduled distribution made to certificate holders on May 15, 2006. Specific dollar amounts, revenue, profit, cash flow, margins, debt, or liquidity metrics 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
No material changes to the Trust's structure or operations were reported other than the routine distribution event. The registrant explicitly states that no other reportable transactions or matters occurred during the current reporting period.
Outlook, Risks, and Contingencies
The filing includes significant disclaimers regarding the underlying issuer, Dominion Resources, Inc. Neither the depositor (Synthetic Fixed-Income Securities, Inc.) nor the Trustee participated in the preparation of Dominion Resources' reports, conducted due diligence, or verified the accuracy of those documents. There is no assurance that undisclosed events affecting the underlying securities have not occurred. Investors are directed to Dominion Resources' filings under Exchange Act file number 001-08489 for issuer-specific information.
Investor Verification Checklist
- Review Exhibit 99.1 for the specific distribution amount paid on May 15, 2006.
- Verify the credit status and recent filings of the underlying issuer, Dominion Resources, Inc. (File No. 001-08489).
- Confirm that no undisclosed events have occurred that might affect the value of the underlying securities.
- Note that the Trustee and Depositor do not guarantee the accuracy of the underlying issuer's public disclosures.