UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of report (Date of earliest event reported): January 7, 2008
SYNTHETIC FIXED-INCOME SECURITIES, INC.
ON BEHALF OF:
STRATS(SM) TRUST FOR WAL-MART STORES, INC.
SECURITIES, SERIES 2005-4
(Exact Name of Registrant as Specified in Its Charter)
| Delaware | 333-111858-16 001-32648 | 52-2316339 |
| (State or OtherJurisdiction ofIncorporation) | (Commission Number) | (I.R.S. EmployerIdentification No.) |
| Synthetic Fixed-Income Securities, Inc. | |
| 301 South College | |
| Charlotte, North Carolina | 28288 |
| (Address of Principal Executive Offices) | (Zip Code) |
Registrant's telephone number, including area code: (704)383-7727
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any following provisions (see General Instruction A.2. below):
| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| [ ] | Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
The STRATS(SM) TRUST FOR WAL-MART STORES, INC. SECURITIES, SERIES 2005-4, which we refer to herein as the “Trust,” was formed pursuant to the Base Trust Agreement, dated as of September 26, 2003, between Synthetic Fixed-Income Securities, Inc., as depositor, and U.S. Bank Trust National Association, as trustee and securities intermediary, as supplemented by the STRATS(SM) Certificates Series Supplement 2005-4 in respect of the Trust dated as of October 17, 2005 (the “Series Supplement”).
Item 8.01. Other Events
On January 7, 2008, Synthetic Fixed-Income Securities, Inc. surrendered 140,000 STRATS(SM) Certificates, Series 2005-4 held by it having an aggregate stated amount equal to $3,500,000 to the Trust in exchange for a distribution of Wal-Mart Stores, Inc. 7.550% Capital Securities due February 15, 2030, having a principal balance equal to $3,500,000 in accordance with the optional exchange provisions of Section 39 of the Series Supplement.
After giving effect to the above exchange of Certificates, as of the close of business on January 7, 2008, $15,825,000 aggregate principal amount of Wal-Mart Stores, Inc. 7.550% Capital Securities due February 15, 2030 are held by the Trust, and 633,000 Certificates representing $15,825,000 aggregate Certificate Principal Balance are outstanding.
SIGNATURE
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 thereunto duly authorized.
| | Synthetic Fixed-Income Securities, Inc. | |
| | | | |
| | By: | /s/ Jimmy Whang | |
| | | Name: Jimmy Whang | |
| | | Title: Director | |
| | | | |
Date: January 7, 2008
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