Exhibit 99.13
Monthly Investor Report: Verizon Master Trust - VZMT 2026-1
| Collection Period |
Payment Date |
Transaction Month |
Series Status at End of Prior Payment Date |
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| April 2026 | 05/20/2026 | 2 | Revolving | |||||||||||||||||||||||||||||
| Offered Notes |
Anticipated Redemption Date |
Final Maturity Date |
Issuance Note Balance |
SOFR:Days in the Interest Period |
Note Interest Rate |
SOFR Adjustment Date |
SOFR30A | Total | ||||||||||||||||||||||||
| Class A-1a |
2/22/28 | 02/20/2031 | $ | 1,102,623,000.00 | 3.94 | % | 3.94 | % | ||||||||||||||||||||||||
| Class A-1b |
2/22/28 | 02/20/2031 | $ | 367,541,000.00 | 30 | SOFR +0.40 | % | 05/13/2026 | 3.64285 | % | 4.04 | % | ||||||||||||||||||||
| Class B |
2/22/28 | 02/20/2031 | $ | 112,398,000.00 | 4.19 | % | 4.19 | % | ||||||||||||||||||||||||
| Class C |
2/22/28 | 02/20/2031 | $ | 67,438,000.00 | 4.43 | % | 4.43 | % | ||||||||||||||||||||||||
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| Total |
$ | 1,650,000,000.00 | ||||||||||||||||||||||||||||||
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| Series 2026-1 Allocation % x Group One Available Funds |
$ | 108,075,419.52 | ||
| Amounts paid by the Cap Counterparty |
N/A | |||
| Available Subordinated Amounts |
$ | 0.00 | ||
| Amounts drawn on the Reserve Account |
$ | 0.00 | ||
| Amounts released from Principal Funding Account |
$ | 0.00 | ||
| Any amounts deposited by the Class A Certificateholder in connection with an Optional Redemption |
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| Total Available Funds |
$ | 108,075,419.52 |
| Beginning of Period Reserve Account Balance |
$ | 17,983,651.23 | ||
| Required Reserve Amount |
$ | 17,983,651.23 | ||
| Shortfall in Required Reserve Amount |
$ | 0.00 | ||
| Reserve Account funds needed this period (True/False) |
FALSE | |||
| Reserve Account draw amount required |
0.00 | |||
| Reserve Account Deposit Amount |
$ | 0.00 | ||
| End of Period Reserve Account Balance |
$ | 17,983,651.23 |
| Waterfall Distribution | Amount Due | Amount Paid | Shortfall | Carryover Shortfall | Remaining Available Funds | |||||||||||||||
| Master Collateral Agent Fee |
$ | 119.83 | $ | 119.83 | $ | 0.00 | $ | 0.00 | $ | 108,075,299.69 | ||||||||||
| Owner Trustee Fee |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 108,075,299.69 | ||||||||||
| Asset Representations Reviewer Fee |
$ | 62.54 | $ | 62.54 | $ | 0.00 | $ | 0.00 | $ | 108,075,237.15 | ||||||||||
| Supplemental ARR Fee |
$ | 250.14 | $ | 250.14 | $ | 0.00 | $ | 0.00 | $ | 108,074,987.01 | ||||||||||
| Indenture Trustee Fee |
$ | 1,250.00 | $ | 1,250.00 | $ | 0.00 | $ | 0.00 | $ | 108,073,737.01 | ||||||||||
| Servicing Fee |
$ | 1,263,956.57 | $ | 1,263,956.57 | $ | 0.00 | $ | 0.00 | $ | 106,809,780.44 | ||||||||||
| Class A-1a Note Interest |
$ | 3,620,278.85 | $ | 3,620,278.85 | $ | 0.00 | $ | 0.00 | $ | 103,189,501.59 | ||||||||||
| Class A-1b Note Interest |
$ | 1,238,260.94 | $ | 1,238,260.94 | $ | 0.00 | $ | 0.00 | $ | 101,951,240.65 | ||||||||||
| First Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,951,240.65 | ||||||||||
| Class B Note Interest |
$ | 392,456.35 | $ | 392,456.35 | $ | 0.00 | $ | 0.00 | $ | 101,558,784.30 | ||||||||||
| Second Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,558,784.30 | ||||||||||
| Class C Note Interest |
$ | 248,958.62 | $ | 248,958.62 | $ | 0.00 | $ | 0.00 | $ | 101,309,825.68 | ||||||||||
| Third Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,309,825.68 | ||||||||||
| Reserve Account up to Required Reserve Amount |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,309,825.68 | ||||||||||
| Regular Priority Principal Payment |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,309,825.68 | ||||||||||
| Supplemental Successor Servicer Fee |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,309,825.68 | ||||||||||
| Additional Interest Amounts |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,309,825.68 | ||||||||||
| Make-Whole Payments |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,309,825.68 | ||||||||||
| Additional Fees and Expenses |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,309,825.68 | ||||||||||
| Additional Trust Expenses |
$ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 0.00 | $ | 101,309,825.68 | ||||||||||
| Class R Interest |
$ | 101,309,825.68 | $ | 101,309,825.68 | $ | 0.00 | $ | 0.00 | $ | 0.00 | ||||||||||
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| Total |
$ | 108,075,419.52 | $ | 108,075,419.52 | $ | 0.00 | $ | 0.00 | ||||||||||||
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| Total Priority Principal Payments and Additional Interest Amounts |
$ | 0.00 | ||||||||||||||||||
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| Noteholder Payments | Note Balance | PFA Account | Interest Payment | Add’l Interest | Make-Whole | Total Payment | ||||||||||||||||||
| Class A-1a |
$ | 0.00 | $ | 0.00 | $ | 3,620,287.85 | $ | 0.00 | $ | 0.00 | $ | 3,620,278.85 | ||||||||||||
| Class A-1b |
$ | 0.00 | $ | 0.00 | $ | 1,238,260.94 | $ | 0.00 | $ | 0.00 | $ | 1,238,260.94 | ||||||||||||
| Class B |
$ | 0.00 | $ | 0.00 | $ | 392,456.35 | $ | 0.00 | $ | 0.00 | $ | 392,456.35 | ||||||||||||
| Class C |
$ | 0.00 | $ | 0.00 | $ | 248,958.62 | $ | 0.00 | $ | 0.00 | $ | 248,958.62 | ||||||||||||
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| Total |
$ | 0.00 | $ | 0.00 | $ | 5,499,954.76 | $ | 0.00 | $ | 0.00 | $ | 5,499,954.76 | ||||||||||||
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| Payment per $1,000 of Notes | As of Prior Payment Date | Current Payment Date | ||||||||||||||||||||||||||||||
| Noteholder Payments |
Note Balance per $1,000 of Notes |
Interest Payment | Make-Whole Payment | Total Payment | Balance | Note Pool Factor | Balance | Note Pool Factor | ||||||||||||||||||||||||
| Class A-1a |
$ | 1,000.00 | $ | 3.28 | $ | 0.00 | $ | 3.28 | $ | 1,102,623,000.00 | 1.00 | $ | 1,102,623,000.00 | 1.00 | ||||||||||||||||||
| Class A-1b |
$ | 1,000.00 | $ | 3.37 | $ | 0.00 | $ | 3.37 | $ | 367,541,000.00 | 1.00 | $ | 367,541,000.00 | 1.00 | ||||||||||||||||||
| Class B |
$ | 1,000.00 | $ | 3.49 | $ | 0.00 | $ | 3.49 | $ | 112,398,000.00 | 1.00 | $ | 112,398,000.00 | 1.00 | ||||||||||||||||||
| Class C |
$ | 1,000.00 | $ | 3.69 | $ | 0.00 | $ | 3.69 | $ | 67,438,000.00 | 1.00 | $ | 67,438,000.00 | 1.00 | ||||||||||||||||||
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| Total |
$ | 1,000.00 | $ | 3.33 | $ | 0.00 | $ | 3.33 | $ | 1,650,000,000.00 | 1.00 | $ | 1,650,000,000.00 | 1.00 | ||||||||||||||||||
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| Beginning Period | Add: Deposit | Ending Period | ||||||||||
| Principal Funding Account Limit |
$ | 825,000,000.00 | 825,000,000.00 | |||||||||
| Principal Funding Account balance |
$ | 0.00 | $ | 0.00 | $ | 0.00 | ||||||
Note: Information regarding Amortization Event Tests and Excess Concentration Amounts can be found on the Verizon Master Trust report filed as Exhibit 99.1 to this Form 10-D.
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