MS STRUCTURED SATURNS SERIES 2001-6 - FORM 8-K - EX-99.1 - SATURNS TRUST NO. 2001-6 QUARTERLY INVESTOR REPORT - JUNE 2011 - July 6, 2011

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EX-99.1 - SATURNS TRUST NO. 2001-6 QUARTERLY INVESTOR REPORT - JUNE 2011 - MS STRUCTURED SATURNS SERIES 2001-6sat00106_201106ex991.pdf
8-K - SATURNS TRUST NO. 2001-6 FORM 8-K - MS STRUCTURED SATURNS SERIES 2001-6sat00106_201106.htm
Structured Asset Trust Unit Repackings (SATURNS)
Bank of America Debenture-Backed
Series 2001-6
Reporting Package Table of Contents
Payment Date:
Prior Payment:
Next Payment:
Record Date:
06-Jul-11
30-Jun-11
31-Mar-11
30-Sep-11
15-Jun-11
Administrator:
Thais Hayum 312.904.8944
thais.hayum@bankofamerica.com
135 S. LaSalle Street Suite 1625
Chicago, IL 60603-4159
USA
Revised Date:
Statements to Certificateholders
Cash Reconciliation Summary
Bond Interest Reconciliation
Other Related Information
Other Related Information
Realized Loss Detail
Rating Information
US Bank Disclaimer
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page(s)
Information is available for this issue from the following sources
Bank of America Merrill Lynch
Issue Id:
Monthly Data
File Name:
SAT00106
SAT00106_201106_3.ZIP
Closing Date:
First Payment Date:
16-Jul-01
30-Sep-01
Parties to The Transaction
Depositor: MS Structured Asset Corp
Underwriter: Morgan Stanley Capital Services, Inc
Rating Agency: Moody's Investors Service, Inc./Standard & Poor's, Inc.
www.etrustee.net
Page 1 of 9
06-Jul-2011 - 10:44 (G309) (c) 2011 Bank of America Corporation
Class
CUSIP
Original
Opening
Principal
Principal
Negative
Closing
Interest
Interest
Pass-Through
Factor per $ 1000
Factor per $ 1000
Factor per $ 1000
Factor per $ 1000
Factor per $ 1000
Factor per $ 1000
Factor per $ 1000
Next Rate(3)
WAC:
WAMM:
Payment Date:
Prior Payment:
Next Payment:
Record Date:
21.750000%
06-Jul-11
30-Jun-11
31-Mar-11
30-Sep-11
15-Jun-11
Structured Asset Trust Unit Repackings (SATURNS)
Bank of America Debenture-Backed
Series 2001-6
Face Value (1)
Balance
Payment
Adj. or Loss
Amortization
Balance
Payment (2)
Adjustment
Rate
186
Grantor Trust
Revised Date:
1000.000000000
0.000000000
0.000000000
1000.000000000
18.125000000
Fixed
0.00
0.00
0.000000000
7.2500000000%
0.000000000
80409R109
Unit
63,370,000.00
0.00
0.00
63,370,000.00
1,148,581.25
63,370,000.00
Total P&I Payment
0.00
0.00
63,370,000.00
63,370,000.00
1,148,581.25
Total
63,370,000.00
0.00
0.00
1,148,581.25
06-Jul-2011 - 10:44 (G309) (c) 2011 Bank of America Corporation
Page 2 of 9
Notes: (1) N denotes notional balance not included in total (2) Accrued Interest Plus/Minus Interest Adjustment Minus Deferred Interest equals Interest Payment (3) Estimated. * Denotes Controlling Class
Structured Asset Trust Unit Repackings (SATURNS)
Payment Date:
Prior Payment:
Next Payment:
Record Date:
06-Jul-11
30-Jun-11
31-Mar-11
30-Sep-11
15-Jun-11
Bank of America Debenture-Backed
Series 2001-6
Revised Date:
Cash Reconciliation Summary
Current Scheduled Interest
Interest Summary
Less Deferred Interest
Plus Gross Advance Interest
Less PPIS Reducing Scheduled Int
1,148,581.25
0.00
0.00
Less ASER Interest Adv Reduction
0.00
Less Other Adjustment
0.00
Total
1,148,581.25
Unscheduled Interest:
Prepayment Penalties
0.00
Yield Maintenance Penalties
0.00
Other Interest Proceeds
0.00
Total
0.00
Less Fees & Expenses Paid By/To Servicer
Less Fee Paid To Servicer
Less Fee Strips Paid by Servicer
Special Servicing Fees
Interest Due Serv on Advances
Recoup of Prior Advances
Misc. Fees & Expenses
Total Unscheduled Fees & Expenses
Total Interest Due Trust
Less Fees & Expenses Paid By/To Trust
Trustee Fee
Fee Strips
Interest Reserve Withholding
Plus Interest Reserve Deposit
Total
Total Interest Due Certs
Principal Summary
Scheduled Principal:
Current Scheduled Principal
Advanced Scheduled Principal
Scheduled Principal
Unscheduled Principal:
Curtailments
Prepayments in Full
Liquidation Proceeds
Repurchase Proceeds
Other Principal Proceeds
Total Unscheduled Principal
Remittance Principal
Remittance P&I Due Trust
Remittance P&I Due Certs
Pool Balance Summary
Beginning Pool
Scheduled Principal
Unscheduled Principal
Deferred Interest
Liquidations
Repurchases
Ending Pool
Balance
Count
Principal
Interest
Prior Outstanding
Plus Current Period
Less Recovered
Ending Outstanding
Servicing Fee Summary
Current Servicing Fees
Plus Fees Advanced for PPIS
Less Reduction for PPIS
Plus Delinquent Servicing Fees
Total Servicing Fees
PPIS Summary
Gross PPIS
Reduced by PPIE
Reduced by Shortfalls in Fees
Reduced by Other Amounts
PPIS Reducing Scheduled Interest
PPIS Reducing Servicing Fee
PPIS Due Certificate
0.00
0.00
0.00
0.00
0.00
0.00
1,148,581.25
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,148,581.25
63,370,000.00
1
0.00
0.00
0
0.00
0.00
0
0.00
0
63,370,000.00
1
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,148,581.25
Interest Not Advanced (
Current Period
)
0.00
0.00
Workout Fees
Liquidation Fees
0.00
0.00
Less Non Recovered
0.00
0.00
0.00
0.00
0.00
Advance Summary (Advance Made by Servicer)
0
0.00
Misc. Fees
1,148,581.25
Less Modification Shortfall Amount
0.00
Page 3 of 9
06-Jul-2011 - 10:44 (G309) (c) 2011 Bank of America Corporation
Structured Asset Trust Unit Repackings (SATURNS)
Class
Accrued
Payment Date:
Prior Payment:
Next Payment:
Record Date:
06-Jul-11
30-Jun-11
31-Mar-11
30-Sep-11
15-Jun-11
Bank of America Debenture-Backed
Series 2001-6
Bond Interest Reconciliation
Deductions
Allocable
Deferred &
Prior
Prepay-
Other
Additions
Interest
Original
Current(4)
Accrual
Int. Short-
falls Due
ment
Interest
Interest (2)
Payment
Amount
PPIS
Interest
Certificate
Accretion
Interest
Loss/Exp
Interest
Penalties
Proceeds (1)
Interest
Shortfalls
Certificate
Rate
Pass
Thru
Method Days
Outstanding
Remaining
Revised Date:
Distributable
Current Period
(Shortfall)/
Recovery
Int Accrual
on Prior
Shortfall (3)
1.00
1.00
Credit Support
0.00
0.00
0.00
0.00
0.00
Unit
1,148,581.25
1,148,581.25
1,148,581.25
0.00
NA
NA
7.2500000000%
0.00
0.00
0.00
30/360
90
0.00
0.00
0.00
0.00
0.00
1,148,581.25
1,148,581.25
1,148,581.25
0.00
0.00
0.00
0.00
(1) Other Interest Proceeds are additional interest amounts specifically allocated to the bond(s) and used in determining the bonds Distributable Interest.
(4) Determined as follows: (A) the ending balance of all the classes less (B) the sum of (i) the ending balance of the class and (ii) the ending balance of all classes which are not subordinate to the class divided by (A).
(3) Includes interest accrued on outstanding Interest Shortfalls and/or Loss Allocations. Where applicable.
(2) Accrued - Deductions + Additions Interest
06-Jul-2011 - 10:44 (G309) (c) 2011 Bank of America Corporation
Page 4 of 9
Structured Asset Trust Unit Repackings (SATURNS)
Payment Date:
Prior Payment:
Next Payment:
Record Date:
06-Jul-11
30-Jun-11
31-Mar-11
30-Sep-11
15-Jun-11
Bank of America Debenture-Backed
Series 2001-6
Other Related Information
Revised Date:
Swap Recipients
Swap Amount Received
Next Swap Rate
Swap Information
Underlying Information
Name
Cusip
Balance
Current Rate
Next Rate
Amount Received
Ratings Moody/S&P/Fitch
BankAmerica Institutional Capital A 8.07% trust preferred capital securities due 2026
06605HAA6
$58,075,000.00
8.070%
8.070%
$2,343,326.25
Baa3/BB+/BBB
1,152,504.18
7.9
3804
%
Bank of America, National Association
Morgan Stanley Capital Services Inc.
2,343,326.25
Page 5 of 9
06-Jul-2011 - 10:44 (G309) (c) 2011 Bank of America Corporation
Structured Asset Trust Unit Repackings (SATURNS)
Payment Date:
Prior Payment:
Next Payment:
Record Date:
06-Jul-11
30-Jun-11
31-Mar-11
30-Sep-11
15-Jun-11
Bank of America Debenture-Backed
Series 2001-6
Other Related Information
Revised Date:
The underlying security issuer or guarantor, as applicable, is subject to the informational requirements of the Exchange Act. The
underlying security issuer or guarantor, as applicable, currently files reports, proxy statements and other information with the SEC.
Those periodic reports, current reports and other reports and other information can be inspected and copied at the public reference
facilities maintained by the SEC at Room 1024, 450 Fifth Street, N.W., Washington, D.C. 20549, at prescribed rates. The SEC also
maintains a website on the internet at http://www.sec.gov at which users can view and download copies of reports, proxy, information
statements and other information filed electronically. In addition, those reports and other information may also be obtained from the
underlying security issuer by making a request to the underlying security issuer.
Page 6 of 9
06-Jul-2011 - 10:44 (G309) (c) 2011 Bank of America Corporation
Structured Asset Trust Unit Repackings (SATURNS)
Payment Date:
Prior Payment:
Next Payment:
Record Date:
06-Jul-11
30-Jun-11
31-Mar-11
30-Sep-11
15-Jun-11
Bank of America Debenture-Backed
Series 2001-6
Realized Loss Detail
Period
Disclosure
Control #
Appraisal
Date
Appraisal
Value
Beginning
Scheduled
Balance
Gross
Proceeds
Gross Proceeds
as a % of
Sched. Balance
Aggregate
Liquidation
Expenses *
Net
Liquidation
Proceeds
Net Proceeds
as a % of
Sched. Balance
Revised Date:
Realized Loss
Current Total
Cumulative
06-Jul-2011 - 10:44 (G309) (c) 2011 Bank of America Corporation
Page 7 of 9
* Aggregate liquidation expenses also include outstanding P&I advances and unpaid servicing fees, unpaid trustee fees, etc..
Structured Asset Trust Unit Repackings (SATURNS)
Payment Date:
Prior Payment:
Next Payment:
Record Date:
06-Jul-11
30-Jun-11
31-Mar-11
30-Sep-11
15-Jun-11
Bank of America Debenture-Backed
Series 2001-6
Rating Information
Class
CUSIP
Fitch
Moody's
S&P
Fitch
Moody's
S&P
Original Ratings
Current Ratings/As of Date(1)
Revised Date:
Unit
80409R109
NR
Aa2
A-
Baa3
4/23/09
BB+
12/23/10
Page 8 of 9
06-Jul-2011 - 10:44 (G309) (c) 2011 Bank of America Corporation
NR - Designates that the class was not rated by the rating agency.
(1) Changed ratings provided on this report are based on information provided by the applicable rating agency via electronic transmission. It shall be understood that this transmission will generally have been provided to Bank of America within 30 days of the payment
date listed on this statement. Because ratings may have changed during the 30 day window, or may not be being provided by the rating agency in an electronic format and therefore not being updated on this report, Bank of America recommends that investors obtain
current rating information directly from the rating agency.
Structured Asset Trust Unit Repackings (SATURNS)
Payment Date:
Prior Payment:
Next Payment:
Record Date:
06-Jul-11
30-Jun-11
31-Mar-11
30-Sep-11
15-Jun-11
Bank of America Debenture-Backed
Series 2001-6
Disclaimer
Revised Date:
On December 30, 2010, substantially all of the Global Securities Solutions securitization trust administration business
of Bank of America, N.A. and its affiliates (collectively, "Bank of America") located in the United States, the United
Kingdom and Ireland was acquired by the corporate trust division of U.S. Bank National Association and its affiliates
(collectively, "U.S. Bank"). As a result of the acquisition, substantially all of the relationships of the Global Securities
Solutions securitization trust administration business are being administered by U.S. Bank, with transitional assistance
from Bank of America. The securitization trust administration functions and roles that are being transitioned include,
but are not limited to, Bank of America's roles and duties as trustee, securities administrator, paying agent, collateral
agent, custodian, security registrar, calculation agent and depositary. Succession by U.S. Bank of securitization trust
administration roles from Bank of America shall be subject to satisfaction of any applicable requirements or conditions
set forth in the applicable agreements. During the transition period, until further notice is provided, all communications
and any other ongoing activities regarding the securitization trust administration business should continue to be made
through your current Bank of America contacts. Should you have any questions in relation to either this notice or the
servicing of your account, please contact the applicable Transaction Manager.
Page 9 of 9
06-Jul-2011 - 10:44 (G309) (c) 2011 Bank of America Corporation