GJO
Industry:
Capital Markets

DESCRIPTION

STRATS Trust For Wal-Mart Stores Securities, Series 2005-4 is a special purpose trust, not an operating business. Created in 2005 by Synthetic Fixed-Income Securities, the Trust holds a single asset: notes issued by Walmart. The Trust issues pass-through certificates (ticker: GJO, NYSE-listed) and distributes interest and principal payments from those underlying Walmart notes to certificate holders on a monthly basis. The Trust has no employees, no operations, and no independent revenue — its cash flows depend entirely on Walmart's ability to service the underlying notes.

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