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Logo for Fund Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 04-6 A1 3.50

Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 04-6 A1 3.50 (JBK)

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JBK Price Chart

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JBK Fund Profile

Key details and information about Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 04-6 A1 3.50 (JBK).

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Inception Date

5 Apr 2004

Country

US

Description

Corporate Backed Trust Certificates, Goldman Sachs Capital I Securities-Backed Series 2004-6 (JBK) is a financial instrument structured as a trust, operating within the capital markets with a focus on structured finance products. This trust provides investors with exposure to underlying assets, specifically 6.345% Capital Securities due February 15, 2034, issued by Goldman Sachs Capital I, a subsidiary of Goldman Sachs Group Inc. The certificates also involve an interest rate swap. The primary operation of the trust is to generate and distribute income to its certificate holders, derived from these underlying securities and the associated swap agreement. Payments were initially at a fixed interest rate, later converting to a floating rate based on the three-Month LIBOR plus a spread. The trust was formed with Lehman ABS Corporation as the depositor and U.S. Bank Trust National Association as the trustee. This instrument caters to investors seeking stability and income within the structured finance sector.

JBK Fund Performance

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