GJT

STRATS Trust Floating Rate Certificates are structured trust securities with interest payments that adjust based on a floating rate benchmark. These certificates represent beneficial interests in a trust that holds underlying securities or assets, with the income component tied to prevailing interest rates rather than a fixed coupon. The floating rate feature provides some protection against interest rate risk, as payments increase when rates rise. These structured products combine characteristics of both equity and debt instruments, offering investors a hybrid investment vehicle with rate-sensitive income streams.