EXHIBIT NO. 99.1

                          TRUSTEE'S DISTRIBUTION REPORT

To the Holders of:

CABCO Series 2004-102 Trust (SBC Communications Inc.) (the "Trust") Collared
Floating Rate Callable Certificates, CUSIP: 12679R 204 (the "Certificates").

U.S. Bank Trust National Association, as trustee (the "Trustee") for the Trust
hereby gives notice with respect to the distribution occurring on June 15, 2006
(the "Distribution Date") as follows:

     1.   The aggregate amount of the distribution payable to the certificate
          holders on the Distribution Date allocable to principal and premium,
          if any, and interest expressed as a dollar amount, is as set forth
          below:



Principal     Interest    Premium   Total Distribution
- ---------   -----------   -------   ------------------
                           
  $0.00     $461,788.89    $0.00        $461,788.89


     2.   The applicable interest rate: 5.5600% per annum.

     3.   The amount of aggregate interest due and not paid on the Certificates
          as of the Distribution Date is $0.00.

     4.   The aggregate stated principal amount of 6.450% Global Notes due June
          15, 2034 issued by SBC Communications Inc. (the "Underlying
          Securities") as of such Distribution Date was $32,500,000.00. The
          interest rate applicable to the Underlying Securities for the
          immediately following Underlying Securities interest accrual period is
          6.450% per annum.

     5.   The amounts received by the Trustee in respect of the Underlying
          Securities during the immediately preceding Underlying Securities
          interest accrual period was $1,048,125.00.

     6.   The amount received by the Trustee from the Swap Counterparty was
          $461,788.89 and the amount paid by the Trustee to the Swap
          Counterparty was $1,048,125.00.

     7.   The aggregate certificate principal balance of the Certificates was
          $32,500,000.00 at the close of business on the business day
          immediately preceding the Distribution Date.

     8.   The current ratings of the Underlying Securities are not provided in
          this report. Ratings can be obtained from Standard & Poor's Ratings
          Services, a



          division of The McGraw-Hill Companies, Inc., by calling 212-438-2400
          and from Moody's Investors Service, Inc. by calling 212-553-0377.

     9.   No fees have been paid to the Trustee from the assets of the Trust.

                                        U.S. BANK TRUST NATIONAL ASSOCIATION, as
                                        Trustee of CABCO Series 2004-102 Trust
                                        (SBC Communications Inc.)


                                        By: /s/ Marlene J. Fahey
                                            ------------------------------------
                                        Name: Marlene J. Fahey
                                        Title: Vice President