U.S. Bank Trust National Association distributed $53,128.01 as interest to Certificateholders on the Scheduled Distribution Date.
A detailed breakdown of principal and interest distributions per $25 Certificate was provided in the statement.
No fees were deducted from the proceeds of the Underlying Securities for payments.
Distribution Amount
$53,128.01 was distributed as interest to Certificateholders.
Underlying Securities
$13,663,000 aggregate liquidation amount of Wal-Mart Stores, Inc. 7.55% Notes due Feb 15, 2030 were held by the trust.
Certificate Balance
546,520 Certificates representing $13,663,000 aggregate Principal Balance were outstanding.
- The Trustee's statement indicates a successful distribution process on the designated date.
- The absence of unpaid interest as of the Distribution Date reflects the efficiency of the payment system.
The Trustee's Distribution Statement for the STRATS Trust reflects a smooth distribution process with no outstanding interest payments, ensuring the trust's financial stability.