Strats Trust Wal Mart Stores Inc. STRT CTF 05-4 (GJO) NYSE
Currency In USD
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Currency In USD
Address
Charlotte,
United States of America (the)
Phone
N/A
Website
N/A
Sector
Financial Services
Industry
Financial - Credit Services
Employees
N/A
First IPO Date
November 21, 2005
Strats Trust Wal Mart Stores Inc. STRT CTF 05-4 is a structured repackaged asset-backed trust security established in November 2005. Operating within the financial services sector, specifically credit services, its primary business involves issuing floating-rate structured certificates. These certificates provide investors with exposure to Wal-Mart Stores, Inc.'s 7.55% notes due 2030 through a repackaged structure. The trust aims to offer a stable, income-oriented fixed-income alternative, known for consistent dividend payouts to its certificate holders. It is listed and actively traded on the New York Stock Exchange under the symbol GJO. The trust regularly makes interest-only distributions to certificate holders, with funds often received from a swap counterparty.