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: June 13, 2005
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(Date of earliest event reported)
Synthetic Fixed-Income Securities, Inc.
On Behalf of
STRATS(SM) Trust For Goldman Sachs Capital I Securities, Series 2005-1
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(Exact Name of Registrant as Specified in Charter)
333-111858-13
Delaware 001-32527 52-2316399
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(State or Other (Commission File Number) (I.R.S. Employer
Jurisdiction of Incorporation) Identification No.)
One Wachovia Center
301 S. College St.
Charlotte, North Carolina 28288
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(Address of Principal Executive Offices) (Zip Code)
Registrant's Telephone Number, including area code (704) 374-6611
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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))
ITEM 8.01. Other Events
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On June 13, 2005, Synthetic Fixed-Income Securities, Inc. ("SFSI")
transferred $10,000,000 6.345% Capital Securities due February 15, 2034 (the
"Underlying Securities"), issued by Goldman Sachs Capital I to the STRATS(SM)
Trust For Goldman Sachs Capital I Securities, Series 2005-1 (the "Trust")
established by SFSI, which issued 10,000 Floating Rate STRATS(SM)
Certificates, Series 2005-1, issued pursuant to a base trust agreement, dated
as of September 26, 2003 (the "Base Trust Agreement"), between SFSI and U.S.
Bank Trust National Association, as trustee (the "Trustee"), as supplemented
by a series supplement thereto, dated as of June 13, 2005 (the "Series
Supplement" and, together with the Base Trust Agreement, the "Trust
Agreement"), between SFSI and the Trustee. The Floating Rate Certificates were
purchased by Wachovia Capital Markets, LLC ("Wachovia") from SFSI pursuant to
an underwriting agreement, dated May 31, 2005 (the "Underwriting Agreement"),
between SFSI, as depositor, and Wachovia, as the underwriter (the
"Underwriter").
ITEM 9.01. Financial Statements and Exhibits
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(a) Financial Statements - Not Applicable
(b) Pro Forma Financial Information - Not Applicable
(c) Exhibits
Item 601(a) of
Regulation S-K
Exhibit No. Description
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4.1 Series Supplement, dated as of June 13, 2005.
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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 hereunto duly authorized.
SYNTHETIC FIXED-INCOME SECURITIES, INC.
/s/ Jeremy Swinson
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Name: Jeremy Swinson
Title: Vice President
June 13, 2005
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INDEX TO EXHIBITS
Exhibit No. Description
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4.1 Series Supplement, dated as of June 13, 2005.