World Omni Auto Receivables Trust 2023-D

06/29/2026 | Press release | Distributed by Public on 06/29/2026 07:52

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

World Omni Auto Receivables Trust 2023-D
Monthly Servicer Certificate
May 31, 2026
Dates Covered
Collections Period 05/01/26 - 05/31/26
Interest Accrual Period 05/15/26 - 06/14/26
30/360 Days 30
Actual/360 Days 31
Distribution Date 06/15/26
Collateral Pool Balance Data $ Amount # of Accounts
Pool Balance at 04/30/26 278,143,147.35 16,877
Yield Supplement Overcollateralization Amount 04/30/26 18,124,778.32 0
Receivables Balance 04/30/26 296,267,925.67 16,877
Principal Payments 14,687,996.48 450
Defaulted Receivables 468,235.89 20
Repurchased Accounts 0.00 0
Yield Supplement Overcollateralization Amount at 05/31/26 16,834,867.76 0
Pool Balance at 05/31/26 264,276,825.54 16,407
Pool Statistics $ Amount # of Accounts
Pool Factor 25.11 %
Prepayment ABS Speed 1.31 %
Aggregate Starting Principal Balance 1,119,368,245.46 42,446
Delinquent Receivables:
Past Due 31-60 days 6,036,530.59 247
Past Due 61-90 days 1,936,104.50 70
Past Due 91-120 days 550,909.73 21
Past Due 121+ days 0.00 0
Total 8,523,544.82 338
Total 31+ Delinquent as % Aggregate Ending Principal Balance 3.03 %
Total 61+ Delinquent as % Aggregate Ending Principal Balance 0.88 %
Delinquency Trigger Occurred NO
Recoveries 423,627.18
Aggregate Net Losses/(Gains) - May 2026 44,608.71
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):
Current Net Losses/(Gains) Ratio 0.18 %
Prior Net Losses/(Gains) Ratio 0.52 %
Second Prior Net Losses/(Gains) Ratio 0.97 %
Third Prior Net Losses/(Gains) Ratio 0.75 %
Four Month Average 0.61 %
Cumulative Net Loss as a % of Aggregate Starting Principal Balance 0.77 %
Overcollateralization Target Amount 5,009,268.48
Actual Overcollateralization 5,009,268.48
Weighted Average Contract Rate 6.47 %
Weighted Average Contract Rate, Yield Adjusted 10.97 %
Weighted Average Remaining Term 35.30
Flow of Funds $ Amount
Collections 16,653,495.71
Investment Earnings on Cash Accounts 9,148.35
Servicing Fee (246,889.94 )
Transfer to Collection Account -
Available Funds 16,415,754.12
Distributions of Available Funds
(1) Asset Representation Reviewer Amounts (up to $150,000 per year) -
(2) Class A Interest 1,103,437.97
(3) Noteholders' First Priority Principal Distributable Amount -
(4) Class B Interest 153,556.50
(5) Noteholders' Second Priority Principal Distributable Amount -
(6) Class C Interest 78,479.50
(7) Noteholders' Third Priority Principal Distributable Amount 8,857,053.33
(8) Required Reserve Account -
(9) Noteholders' Principal Distributable Amount 5,009,268.48
(10) Asset Representation Reviewer Amounts (in excess of 1) -
(11) Distribution to Certificateholders 1,213,958.34
Total Distributions of Available Funds 16,415,754.12
Servicing Fee 246,889.94
Unpaid Servicing Fee -
Change in amount of the unpaid servicing fee from the prior period -
Note Balances & Note Factors $ Amount
Original Class A 954,260,000.00
Original Class B 30,060,000.00
Original Class C 15,020,000.00
Total Class A, B, & C
Note Balance @ 05/15/26 273,133,878.87
Principal Paid 13,866,321.81
Note Balance @ 06/15/26 259,267,557.06
Class A-1
Note Balance @ 05/15/26 0.00
Principal Paid 0.00
Note Balance @ 06/15/26 0.00
Note Factor @ 06/15/26 0.0000000 %
Class A-2a
Note Balance @ 05/15/26 0.00
Principal Paid 0.00
Note Balance @ 06/15/26 0.00
Note Factor @ 06/15/26 0.0000000 %
Class A-2b
Note Balance @ 05/15/26 0.00
Principal Paid 0.00
Note Balance @ 06/15/26 0.00
Note Factor @ 06/15/26 0.0000000 %
Class A-3
Note Balance @ 05/15/26 166,493,878.87
Principal Paid 13,866,321.81
Note Balance @ 06/15/26 152,627,557.06
Note Factor @ 06/15/26 48.0262923 %
Class A-4
Note Balance @ 05/15/26 61,560,000.00
Principal Paid 0.00
Note Balance @ 06/15/26 61,560,000.00
Note Factor @ 06/15/26 100.0000000 %
Class B
Note Balance @ 05/15/26 30,060,000.00
Principal Paid 0.00
Note Balance @ 06/15/26 30,060,000.00
Note Factor @ 06/15/26 100.0000000 %
Class C
Note Balance @ 05/15/26 15,020,000.00
Principal Paid 0.00
Note Balance @ 06/15/26 15,020,000.00
Note Factor @ 06/15/26 100.0000000 %
Interest & Principal Payments $ Amount
Total Interest Paid 1,335,473.97
Total Principal Paid 13,866,321.81
Total Paid 15,201,795.78
Class A-1
Coupon 5.66800 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-1 Holders 0.00
Class A-2a
Coupon 5.91000 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2a Holders 0.00
Class A-2b
SOFR Rate 3.64285 %
Coupon 4.22285 %
Interest Paid 0.00
Principal Paid 0.00
Total Paid to A-2b Holders 0.00
Class A-3
Coupon 5.79000 %
Interest Paid 803,332.97
Principal Paid 13,866,321.81
Total Paid to A-3 Holders 14,669,654.78
Class A-4
Coupon 5.85000 %
Interest Paid 300,105.00
Principal Paid 0.00
Total Paid to A-4 Holders 300,105.00
Class B
Coupon 6.13000 %
Interest Paid 153,556.50
Principal Paid 0.00
Total Paid to B Holders 153,556.50
Class C
Coupon 6.27000 %
Interest Paid 78,479.50
Principal Paid 0.00
Total Paid to C Holders 78,479.50
Distribution per $1,000 of Notes Total
Total Interest Distribution Amount 1.3363560
Total Interest Carryover Shortfall 0.0000000
Total Principal Distribution Amount 13.8754796
Total Distribution Amount 15.2118356
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 2.5277941
A-3 Interest Carryover Shortfall 0.0000000
A-3 Principal Distribution Amount 43.6322272
Total A-3 Distribution Amount 46.1600213
A-4 Interest Distribution Amount 4.8750000
A-4 Interest Carryover Shortfall 0.0000000
A-4 Principal Distribution Amount 0.0000000
Total A-4 Distribution Amount 4.8750000
B Interest Distribution Amount 5.1083333
B Interest Carryover Shortfall 0.0000000
B Principal Distribution Amount 0.0000000
Total B Distribution Amount 5.1083333
C Interest Distribution Amount 5.2250000
C Interest Carryover Shortfall 0.0000000
C Principal Distribution Amount 0.0000000
Total C Distribution Amount 5.2250000
Noteholders' First Priority Principal Distributable Amount 0.00
Noteholders' Second Priority Principal Distributable Amount 0.00
Noteholders' Third Priority Principal Distributable Amount 638.75
Noteholders' Principal Distributable Amount 361.25
Account Balances $ Amount
Reserve Account
Balance as of 05/15/26 2,504,634.24
Investment Earnings 7,445.75
Investment Earnings Paid (7,445.75 )
Deposit/(Withdrawal) -
Balance as of 06/15/26 2,504,634.24
Change -
Required Reserve Amount 2,504,634.24
Other Servicing Information Current Month Prior Month Two Months Prior
Principal Balance of Receivables extended during the Collection Period $ 1,736,212.37 1,709,074.70 1,436,964.34
Number of Extensions 71 74 56
Ratio of extensions to Beginning of Period Receivables Balance 0.59 % 0.55 % 0.44 %
World Omni Auto Receivables Trust 2023-D published this content on June 29, 2026, and is solely responsible for the information contained herein. Distributed via EDGAR on June 29, 2026 at 13:52 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]