Fri, Mar 28, 8:55 PM (30 days ago)
**Summary of Structured Obligations Corporation (SXN.F) 10-K** **Company Overview:** Structured Obligations Corporation (SXN.F) is a Delaware-based trust that issued Select Notes Trust Long Term Certificates, Series 2004-1. The certificates are listed on the NYSE American. The trust does not have common equity held by non-affiliates, as all common stock is held by J.P. Morgan Securities Holdings Inc. **Financial Performance:** The 10-K does not provide detailed financial statements, but it references periodic Form 8-K filings for distribution dates throughout 2024. These filings would contain relevant financial data for each period. **Risk Factors and Legal:** The trust is not subject to any material pending legal proceedings. However, investors should be aware of the risks associated with the underlying securities, which include issuers like Lumen Technologies, AT&T, and General Electric. **Market Position:** The certificates are traded on the NYSE American, and the trust has complied with all filing requirements under the Securities Exchange Act of 1934. **Future Outlook:** The trust's future outlook is tied to the performance of the underlying securities. Investors should review the periodic Form 8-K filings and the reports of the underlying issuers for a comprehensive view. **Certifications:** The 10-K includes certifications by the President pursuant to the Sarbanes-Oxley Act, an annual compliance report by the trustee, and a report by RubinBrown LLP. **Conclusion:** Investors should focus on the underlying securities' performance and the periodic Form 8-K filings for a detailed financial analysis. The trust's structure and compliance with regulatory requirements indicate a stable market position.