STRATS SM Trust for Wal-Mart Securities, Series 2005-4 Files 2023 Annual Report
Ticker: GJO · Form: 10-K · Filed: Mar 29, 2024 · CIK: 1340909
| Field | Detail |
|---|---|
| Company | Strats Sm Trust For Wal-Mart Stores, Inc. Securities, Series 2005-4 (GJO) |
| Form Type | 10-K |
| Filed Date | Mar 29, 2024 |
| Risk Level | low |
| Pages | 8 |
| Reading Time | 10 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: 10-K, Annual Report, STRATS Trust, Wal-Mart Securities, Smaller Reporting Company
TL;DR
<b>STRATS SM Trust for Wal-Mart Stores, Inc. Securities, Series 2005-4 filed its 2023 annual 10-K report, identifying as a smaller reporting company.</b>
AI Summary
STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 (GJO) filed a Annual Report (10-K) with the SEC on March 29, 2024. STRATS SM Trust for Wal-Mart Stores, Inc. Securities, Series 2005-4 filed its annual report for the fiscal year ended December 31, 2023. The registrant is not a well-known seasoned issuer, an accelerated filer, or a large accelerated filer. The registrant is classified as a smaller reporting company. The filing is a Form 10-K, indicating an annual report. The STRATS Certificates, Series 2005-4 are registered under the trading symbol GJO on the New York Stock Exchange.
Why It Matters
For investors and stakeholders tracking STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4, this filing contains several important signals. This filing provides the annual financial and operational overview for the STRATS Trust, which is crucial for investors to assess the performance and stability of the Wal-Mart securities it holds. As a smaller reporting company, the level of detailed financial disclosure may differ from larger filers, impacting the depth of analysis available to investors.
Risk Assessment
Risk Level: low — STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 shows low risk based on this filing. The risk is low as this is a standard annual filing for a structured trust, and no immediate financial distress or significant operational changes are indicated in the provided header information.
Analyst Insight
Review the full 10-K filing to understand the performance of the underlying Wal-Mart securities and any changes in the trust's structure or financial condition.
Key Numbers
- 20231231 — Fiscal Year End (Conformed period of report)
- 20240329 — Filing Date (Conformed submission date)
- 2005-4 — Series (STRATS Trust Series)
Key Players & Entities
- STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 (company) — Registrant
- Wal-Mart Stores, Inc. (company) — Underlying issuer of securities
- GJO (company) — Trading Symbol
- New York Stock Exchange (company) — Exchange
- Synthetic Fixed-Income Securities, Inc. (company) — On behalf of registrant
FAQ
When did STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 file this 10-K?
STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 filed this Annual Report (10-K) with the SEC on March 29, 2024.
What is a 10-K filing?
A 10-K is a comprehensive annual financial report required by the SEC, covering audited financials, business operations, risk factors, and management discussion. This particular 10-K was filed by STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 (GJO).
Where can I read the original 10-K filing from STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4.
What are the key takeaways from STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4's 10-K?
STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 filed this 10-K on March 29, 2024. Key takeaways: STRATS SM Trust for Wal-Mart Stores, Inc. Securities, Series 2005-4 filed its annual report for the fiscal year ended December 31, 2023.. The registrant is not a well-known seasoned issuer, an accelerated filer, or a large accelerated filer.. The registrant is classified as a smaller reporting company..
Is STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 a risky investment based on this filing?
Based on this 10-K, STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 presents a relatively low-risk profile. The risk is low as this is a standard annual filing for a structured trust, and no immediate financial distress or significant operational changes are indicated in the provided header information.
What should investors do after reading STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4's 10-K?
Review the full 10-K filing to understand the performance of the underlying Wal-Mart securities and any changes in the trust's structure or financial condition. The overall sentiment from this filing is neutral.
How does STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4 compare to its industry peers?
This filing pertains to a structured asset-backed security trust holding debt securities related to Wal-Mart Stores, Inc. Such trusts are common in securitization markets.
Are there regulatory concerns for STRATS SM TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4?
The filing is made under the Securities Exchange Act of 1934, requiring regular reporting for publicly traded securities.
Industry Context
This filing pertains to a structured asset-backed security trust holding debt securities related to Wal-Mart Stores, Inc. Such trusts are common in securitization markets.
Regulatory Implications
The filing is made under the Securities Exchange Act of 1934, requiring regular reporting for publicly traded securities.
What Investors Should Do
- Analyze the full 10-K for detailed financial statements and management discussion.
- Investigate the performance metrics of the underlying Wal-Mart securities held by the trust.
- Determine if the 'smaller reporting company' status impacts the depth of available disclosures.
Key Dates
- 2023-12-31: Fiscal Year End — End of reporting period for the 10-K.
- 2024-03-29: Filing Date — Date the 10-K was officially submitted to the SEC.
Year-Over-Year Comparison
This is the initial data extracted for the 2023 annual report (10-K) filing.
Filing Stats: 2,421 words · 10 min read · ~8 pages · Grade level 10 · Accepted 2024-03-29 12:09:25
Filing Documents
- strats20054-10k_123123.htm (10-K) — 57KB
- ex31-1.htm (EX-31.1) — 6KB
- ex99-1.htm (EX-99.1) — 6KB
- ex99-2.htm (EX-99.2) — 7KB
- 0001999371-24-004174.txt ( ) — 78KB
Business
Item 1. Business . Not Applicable
Risk Factors
Item 1A. Risk Factors . Not Applicable
Unresolved Staff Comments
Item 1B. Unresolved Staff Comments . Not Applicable
Cybersecurity
Item 1C. Cybersecurity . Not Applicable 2
Properties
Item 2. Properties . Not Applicable
Legal Proceedings
Item 3. Legal Proceedings . None
Mine Safety Disclosures
Item 4. Mine Safety Disclosures. Not Applicable PART II
Market for Registrant’s Common Equity, Related Stockholder
Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities . The Certificates representing investors’ interest in the Trust are represented by one or more physical Certificates registered in the name of “Cede & Co.”, the nominee of The Depository Trust Company. The Certificates are listed on the NYSE.
Management’s Discussion and Analysis of Financial
Item 7. Management’s Discussion and Analysis of Financial Condition and Results of Operations . Not Applicable
Quantitative and Qualitative Disclosures About Market Risk
Item 7A. Quantitative and Qualitative Disclosures About Market Risk . Not Applicable
Financial Statements and Supplementary Data
Item 8. Financial Statements and Supplementary Data . Not Applicable
Changes in and Disagreements With Accountants on Accounting
Item 9. Changes in and Disagreements With Accountants on Accounting and Financial Disclosure . None
Controls and Procedures
Item 9A. Controls and Procedures . Not Applicable
Other Information
Item 9B. Other Information . None
Disclosure Regarding Foreign Jurisdictions that Prevent
Item 9C. Disclosure Regarding Foreign Jurisdictions that Prevent Inspections . Not Applicable 3 PART III
Directors, Executive Officers and Corporate Governance
Item 10. Directors, Executive Officers and Corporate Governance . Not Applicable
Executive Compensation
Item 11. Executive Compensation . Not Applicable
Security Ownership of Certain Beneficial Owners and Management
Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters . Not Applicable
Certain Relationships and Related Transactions, and Director
Item 13. Certain Relationships and Related Transactions, and Director Independence . None
Principal Accounting Fees and Services
Item 14. Principal Accounting Fees and Services . Not Applicable PART IV
Exhibit and Financial Statement Schedules
Item 15. Exhibit and Financial Statement Schedules. (a) List the following documents filed as a part of the report: 1. Trustee’s Distribution Statements documented on Form 8-K of STRATS Trust For Wal-Mart Stores, Inc. Securities, Series 2005-4 to the certificateholders for the period from January 1, 2023 through and including December 31, 2023 have been filed with the Securities and Exchange Commission and are hereby incorporated by reference. Filing dates are listed below: Trust Description Distribution Date Filed on STRATS Trust For Wal-Mart Stores, Inc. Securities, Series 2005-4 01-17-2023 02-15-2023 03-15-2023 04-17-2023 05-15-2023 06-15-2023 07-17-2023 08-15-2023 09-15-2023 10-16-2023 11-15-2023 12-15-2023 01-23-2023 02-27-2023 03-22-2023 04-20-2023 05-24-2023 06-27-2023 07-27-2023 08-24-2023 09-20-2023 10-24-2023 11-17-2023 12-27-2023 4 2. None 3. Exhibits: 31.1 – Certification by Director of the Registrant pursuant to 15 U.S.C. Section 7241, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 99.1 – Annual Compliance Report by Trustee pursuant to 15 U.S.C. Section 7241, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 99.2 – Report of Aston Bell, CPA. 99.3 – Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on January 23, 2023, as further described in Item 15(a)(1) above, is incorporated herein by reference. 99.4 – Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on February 27, 2023, as further described in Item 15(a)(1) above, is incorporated herein by reference. 99.5 – Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 22, 2023, as further described in Item 15(a)(1) above, is incorporated herein by reference. 99.6 – Registrant’s Current Report on Form 8-K filed with the
(a) above
Item 15(a) above. (c) Not Applicable.
Form 10-K Summary
Item 16. Form 10-K Summary . Not Applicable 6 SIGNATURE Pursuant to the requirements of Section 13 or 15 (d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Synthetic Fixed-Income Securities, Inc., as Depositor for the Trust By: /s/ Barbara Garafalo Name: Barbara Garafalo Title: President Dated: March 29, 2024 7 EXHIBIT INDEX Reference Number per Item 601 of Regulation SK Description of Exhibits Exhibit Number in this Form 10-K (31.1) Certification by Director of the Registrant pursuant to 15 U.S.C. Section 7241, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 31.1 (99.1) Annual Compliance Report by Trustee pursuant to 15 U.S.C. Section 7241, as adopted pursuant to Section 302 of the Sarbanes-Oxley Act of 2002. 99.1 (99.2) Report of Aston Bell, CPA. 99.2 (99.3) Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on January 23, 2023, as further described in Item 15(a)(1) above, is incorporated herein by reference. 99.3 (99.4) Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on February 27, 2023, as further described in Item 15(a)(1) above, is incorporated herein by reference. 99.4 (99.5) Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on March 22, 2023, as further described in Item 15(a)(1) above, is incorporated herein by reference. 99.5 (99.6) Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on April 20, 2023, as further described in Item 15(a)(1) above, is incorporated herein by reference. 99.6 (99.7) Registrant’s Current Report on Form 8-K filed with the Securities and Exchange Commission on May 24, 2023, as further described in Item 15(a)(1) above, is incorporated herein by reference. 99.7