STRATS Trust 2005-4 Changes Trustee: BNY Mellon Out, US Bank In

TL;DR

**STRATS Trust 2005-4 just swapped out its Trustee, BNY Mellon is out, US Bank is in, effective June 1, 2024.**

AI Summary

STRATS SM Trust for Wal-Mart Stores, Inc. Securities, Series 2005-4 filed an 8-K to announce the resignation of The Bank of New York Mellon as Trustee, effective June 1, 2024. U.S. Bank Trust Company, National Association has been appointed as the successor Trustee. This change is important for investors because the Trustee is responsible for holding the trust's assets and ensuring the trust operates according to its terms, so a smooth transition is crucial for the security and administration of the underlying Wal-Mart securities.

Why It Matters

The Trustee is critical for the proper administration and oversight of the trust's assets, so a change requires investors to be aware of who is now responsible for these duties.

Risk Assessment

Risk Level: low — This filing reports a routine administrative change of a trustee, which typically carries low risk as long as the transition is smooth.

Analyst Insight

Investors in STRATS SM Trust for Wal-Mart Stores, Inc. Securities, Series 2005-4 should note the change in Trustee and verify that all administrative functions continue without disruption, though this is typically a low-impact event.

Key Players & Entities

• The Bank of New York Mellon (company) — resigning Trustee
• U.S. Bank Trust Company, National Association (company) — successor Trustee
• STRATS SM Trust for Wal-Mart Stores, Inc. Securities, Series 2005-4 (company) — the reporting entity
• Wal-Mart Stores, Inc. (company) — underlying securities issuer

FAQ

Filing Documents

• strats20054-8k_111725.htm (8-K) — 19KB
• ex99-1.htm (EX-99.1) — 8KB
• 0001999371-25-018987.txt ( ) — 29KB

01. OTHER EVENTS

Item 8.01. OTHER EVENTS On November 17, 2025 distribution was made to the holders of the certificates issued by the Trust. Specific information with respect to the distribution is filed as Exhibit 99.1 hereto. No other reportable transactions or matters have occurred during the current reporting period. Wal-Mart Stores, Inc., the issuer of the underlying securities, is subject to the information reporting requirements of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). For information on Wal-Mart Stores, Inc. please see its periodic and current reports filed with the Securities and Exchange Commission (the “Commission”) under its Exchange Act file number, 001-06991. The Commission maintains a site on the World Wide Web at “http://www.sec.gov” at which users can view and download copies of reports, proxy and information statements and other information filed electronically through the Electronic Data Gathering, Analysis and Retrieval system, or “EDGAR.” Periodic and current reports and other information required to be filed pursuant to the Exchange Act by Wal-Mart Stores, Inc. may be accessed on this site. Neither Synthetic Fixed-Income Securities, Inc. nor the Trustee has participated in the preparation of such reporting documents, or made any due diligence investigation with respect to the information provided therein. Neither Synthetic Fixed-Income Securities, Inc. nor the Trustee has verified the accuracy or completeness of such documents or reports. There can be no assurance that events affecting the issuer of the underlying securities or the underlying securities themselves have not occurred or have not yet been publicly disclosed which would affect the accuracy or completeness of the publicly available documents described above. SECTION 9 – FINANCIAL STATEMENTS AND EXHIBITS

01. FINANCIAL STATEMENTS AND EXHIBITS

Item 9.01. FINANCIAL STATEMENTS AND EXHIBITS (d) The following exhibit is filed as part of this report: 99.1 Trustee’s Distribution Statement to the STRATS Certificates, Series 2005-4 for November 17, 2025 Scheduled Distribution Date.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Synthetic Fixed-Income Securities, Inc. By: /s/ Barbara Garafalo Name: Barbara Garafalo Title: President Date: November 17, 2025 EXHIBIT INDEX Exhibit Number Description 99.1 Trustee’s Distribution Statement to the STRATS Certificates, Series 2005-4 for November 17, 2025 Scheduled Distribution Date.

View Full Filing

View this 8-K filing on SEC EDGAR