Business Context and Reporting Period
This Form 8-K is a current report filed by STRATS TRUST FOR UNITED STATES CELLULAR CORPORATION SECURITIES, SERIES 2004-6 (the "Trust"), a synthetic fixed-income trust formed in 2003. The reporting period covers the event date of June 15, 2026. The Trust holds United States Cellular Corporation securities as its sole assets and distributes income to certificate holders.
Key Financial Metrics
The filing reports a distribution event but does not provide specific quantitative financial data such as revenue, profit, cash flow, margins, debt, or liquidity figures within the text of this report. Specific distribution amounts are referenced in an attached exhibit (Exhibit 99.1) which is not included in the provided text.
- Revenue/Profit: Not provided in filing text.
- Cash Flow/Liquidity: Not provided in filing text.
- Debt: Not applicable; the Trust holds underlying securities.
- Key Event: Distribution made to certificate holders on June 15, 2026.
Material Changes
The filing states that no other reportable transactions or matters occurred during the current reporting period aside from the scheduled distribution. There is no comparative financial data provided to assess changes versus prior periods.
Guidance, Outlook, and Risks
Management Commentary: The registrant (Synthetic Fixed-Income Securities, Inc.) and the Trustee explicitly state they have not participated in the preparation of reports for the underlying issuer (United States Cellular Corporation) and have not verified the accuracy or completeness of those documents.
Risks and Contingencies:
- Issuer Dependency: The Trust's performance is entirely dependent on the underlying securities issued by United States Cellular Corporation.
- Information Reliance: Investors must rely on the issuer's public filings for information regarding the underlying assets. There is no assurance that undisclosed events affecting the issuer have not occurred.
- No Due Diligence: The Trustee and Depositor have made no due diligence investigation regarding the issuer's reports.
Investor Verification Checklist
- Verify the specific distribution amount per certificate by reviewing Exhibit 99.1 (Trustee's Distribution Statement), as the amount is not listed in the main text.
- Review recent periodic and current reports filed by United States Cellular Corporation (SEC File No. 001-09712) to assess the status of the underlying assets.
- Confirm the current trading status of the STRATS Certificates, Series 2004-6 on the New York Stock Exchange.
- Check for any undisclosed events affecting United States Cellular Corporation that may impact the value of the underlying securities.