World Omni Auto Receivables Trust 2023-A

07/29/2026 | Press release | Distributed by Public on 07/29/2026 09:54

Asset-Backed Issuer Distribution Report (Form 10-D)

World Omni Auto Receivables Trust 2023-A
Monthly Servicer Certificate
June 30, 2026
Dates Covered
Collections Period 06/01/26 - 06/30/26
Interest Accrual Period 06/15/26 - 07/14/26
30/360 Days 30
Actual/360 Days 30
Distribution Date 07/15/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 05/31/26 175,897,425.72 13,260
Yield Supplement Overcollateralization Amount 05/31/26 8,122,527.57 0
Receivables Balance 05/31/26 184,019,953.29 13,260
Principal Payments 10,672,103.45 338
Defaulted Receivables 345,956.82 18
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 06/30/26 7,383,567.96 0
Pool Balance at 06/30/26 165,618,325.06 12,904
Pool Statistics $ Amount # of Accounts
Pool Factor 15.49 %
Prepayment ABS Speed 1.20 %
Aggregate Starting Principal Balance 1,116,806,264.43 45,522
Delinquent Receivables:
Past Due 31-60 days 4,823,804.94 237
Past Due 61-90 days 1,310,246.48 64
Past Due 91-120 days 167,178.66 9
Past Due 121+ days 0.00 0
Total 6,301,230.08 310
Total 31+ Delinquent as % Aggregate Ending Principal Balance 3.64 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.85 %
Delinquency Trigger Occurred NO
Recoveries 265,215.86
Aggregate Net Losses/(Gains) - June 2026 80,740.96
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.53 %
Prior Net Losses/(Gains) Ratio 1.24 %
Second Prior Net Losses/(Gains) Ratio -0.55 %
Third Prior Net Losses/(Gains) Ratio 0.07 %
Four Month Average 0.32 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.69 %
Overcollateralization Target Amount 5,038,175.22
Actual Overcollateralization 5,038,175.22
Weighted Average Contract Rate 6.06 %
Weighted Average Contract Rate, Yield Adjusted 10.04 %
Weighted Average Remaining Term 27.82
Flow of Funds $ Amount
Collections 11,886,941.38
Investment Earnings on Cash Accounts 15,573.75
Servicing Fee (153,349.96 )
Transfer to Collection Account -
Available Funds 11,749,165.17
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 491,346.65
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 126,714.08
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 65,772.00
(7) Noteholders' Third Priority Principal Distributable Amount 5,240,925.44
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 5,038,175.22
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 786,231.78
Total Distributions of Available Funds 11,749,165.17
Servicing Fee 153,349.96
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 962,280,000.00
Original Class B 30,230,000.00
Original Class C 15,120,000.00
Total Class A, B, & C
Note Balance @ 06/15/26 170,859,250.50
Principal Paid 10,279,100.66
Note Balance @ 07/15/26 160,580,149.84
Class A-1
Note Balance @ 06/15/26 0.00
Principal Paid 0.00
Note Balance @ 07/15/26 0.00
Note Factor @ 07/15/26 0.0000000 %
Class A-2a
Note Balance @ 06/15/26 0.00
Principal Paid 0.00
Note Balance @ 07/15/26 0.00
Note Factor @ 07/15/26 0.0000000 %
Class A-2b
Note Balance @ 06/15/26 0.00
Principal Paid 0.00
Note Balance @ 07/15/26 0.00
Note Factor @ 07/15/26 0.0000000 %
Class A-3
Note Balance @ 06/15/26 27,899,250.50
Principal Paid 10,279,100.66
Note Balance @ 07/15/26 17,620,149.84
Note Factor @ 07/15/26 6.2956088 %
Class A-4
Note Balance @ 06/15/26 97,610,000.00
Principal Paid 0.00
Note Balance @ 07/15/26 97,610,000.00
Note Factor @ 07/15/26 100.0000000 %
Class B
Note Balance @ 06/15/26 30,230,000.00
Principal Paid 0.00
Note Balance @ 07/15/26 30,230,000.00
Note Factor @ 07/15/26 100.0000000 %
Class C
Note Balance @ 06/15/26 15,120,000.00
Principal Paid 0.00
Note Balance @ 07/15/26 15,120,000.00
Note Factor @ 07/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 683,832.73
Total Principal Paid 10,279,100.66
Total Paid 10,962,933.39
Class A-1
Coupon 4.86700 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 5.18000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
SOFR Rate 3.59301 %
Coupon 4.02301 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 4.83000 %
Interest Paid 112,294.48
Principal Paid 10,279,100.66
Total Paid to A-3 Holders 10,391,395.14
Class A-4
Coupon 4.66000 %
Interest Paid 379,052.17
Principal Paid 0.00
Total Paid to A-4 Holders 379,052.17
Class B
Coupon 5.03000 %
Interest Paid 126,714.08
Principal Paid 0.00
Total Paid to B Holders 126,714.08
Class C
Coupon 5.22000 %
Interest Paid 65,772.00
Principal Paid 0.00
Total Paid to C Holders 65,772.00
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 0.6786546
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 10.2012650
Total Distribution Amount 10.8799196
A-1 Interest Distribution Amount 0.0000000
A-1 Interest Carryover Shortfall 0.0000000
A-1 Principal Distribution Amount 0.0000000
Total A-1 Distribution Amount 0.0000000
A-2a Interest Distribution Amount 0.0000000
A-2a Interest Carryover Shortfall 0.0000000
A-2a Principal Distribution Amount 0.0000000
Total A-2a Distribution Amount 0.0000000
A-2b Interest Distribution Amount 0.0000000
A-2b Interest Carryover Shortfall 0.0000000
A-2b Principal Distribution Amount 0.0000000
Total A-2b Distribution Amount 0.0000000
A-3 Interest Distribution Amount 0.4012237
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 36.7268138
Total A-3 Distribution Amount 37.1280375
A-4 Interest Distribution Amount 3.8833334
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 3.8833334
B Interest Distribution Amount 4.1916666
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 4.1916666
C Interest Distribution Amount 4.3500000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 4.3500000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 509.86
Noteholders' Principal Distributable Amount 490.14
Account Balances $ Amount
Reserve Account
Balance as of 06/15/26 5,038,175.22
Investment Earnings 14,492.61
Investment Earnings Paid (14,492.61 )
Deposit/(Withdrawal) -
Balance as of 07/15/26 5,038,175.22
Change -
Required Reserve Amount 5,038,175.22
Other Servicing Information Current Month Prior Month Two Months Prior
Principal Balance of Receivables extended during the Collection Period $ 988,374.43 1,256,765.73 803,253.14
Number of Extensions 54 63 41
Ratio of extensions to Beginning of Period Receivables Balance 0.54 % 0.65 % 0.39 %
World Omni Auto Receivables Trust 2023-A published this content on July 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on July 29, 2026 at 15:54 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]