The STRATS Trust for Dominion Resources, Inc. Securities, Series 2005-6 has announced a distribution scheduled for October 15, 2026. The trustee, U.S. Bank Trust National Association, issued a distribution statement detailing the financial activity for this date.
According to the filing, the Trust received $40,535.79 from a Swap Counterparty on the Distribution Date. This amount was distributed to the holders of the certificates as interest.
The distribution details are as follows:
- Principal: $0.000000 per $25 Certificate
- Interest: $0.10639315 per $25 Certificate
- Total Distribution: $0.10639315 per $25 Certificate
As of the close of business on the Distribution Date, the aggregate liquidation amount of the underlying securities held by the Trust is $9,525,000. These underlying securities consist of Dominion Resources, Inc. Series B 5.95% Senior Notes due June 15, 2035.
At the same time, 381,000 certificates representing the $9,525,000 aggregate Certificate Principal Balance were outstanding. The filing notes that the current rating of the underlying securities is not provided in this report and directs holders to Standard & Poor's Ratings Services and Moody's Investors Service for rating information.
