Distribution Date

September 4, 2018

U.S. Bank, National Association, as Trustee for the Trust, hereby gives notice with respect to the Distribution Date as follows:

The amount of the distribution payable to the Certificateholders on the Distribution Date allocable to principal and premium, if any, and interest, is as set forth below:

Beginning Principal/Unit

Amount

Principal Payment

Ending Principal/Unit

Amount

Fixed Rate

Accrual

Days

Day Count

Fixed Interest

Amount Due

Aggregate Interest Due

and Unpaid

Total

Distribution

$54,500,000.00

$0.00

$54,500,000.00

7.00000%

180

90/360

$1,907,500.00

$0.00

$1,907,500.00

$3,690.00

$0.00

$3,690.00

47.771 Rate per Unit

n/a

90/360

$164,813.00

$0.00

$164,813.00

Additional Information

$2,000.00

$3,499.50

Underlying Security

PENNEY J C INC DEB 7.625% 3/01/97 708160BL9

March/September

$54,500,000.00

7.62500%

$2,077,812.50

CUSIP

Moody's

S & P

Moody's

Date

S & P

Date

80412E202

Baa3

BBB-

Caa2

22-Aug-18

B-

15-Jun-18

80412EAA1

Baa3

BBB-

Caa2

22-Aug-18

B-

15-Jun-18

Underlying Security

Baa3

BBB-

Caa2

17-Aug-18

CCC+

17-Aug-18

*The Trustee shall not be held responsible for the selection or use of the CUSIP number nor is any representation made as to its correctness.

It is included for the convenience of the Holders.

Current Ratings

Trustee Fees

Expense Account Deposit

Original Ratings

Payment Dates

Current Principal Balance

Annual Coupon Rate (Fixed)

Interest Payment Received

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The Underlying Security Issuer or Underlying Security Guarantor, as applicable, is subject to the informational requirements of the Exchange Act. The Underlying

Security Issuer or Underlying Security 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. Copies of those materials can be obtained by making a written request to the SEC, Public Reference Section, 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.

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MS Structured SATURNS Series 2007-1 10-D