Exhibit 99.1

 

World Omni Auto Receivables Trust 2023-D      
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   264,276,825.54    16,407      
Yield Supplement Overcollateralization Amount 05/31/26   16,834,867.76    0      
Receivables Balance 05/31/26   281,111,693.30    16,407      
Principal Payments   15,073,854.82    798      
Defaulted Receivables   385,418.51    17      
Repurchased Accounts   0.00    0      
Yield Supplement Overcollateralization Amount at 06/30/26   15,535,776.84    0      
Pool Balance at 06/30/26   250,116,643.13    15,592      
                
Pool Statistics   $ Amount    # of Accounts      
Pool Factor   23.73%          
Prepayment ABS Speed   1.37%          
Aggregate Starting Principal Balance   1,119,368,245.46    42,446      
                
                
Delinquent Receivables:               
Past Due 31-60 days   5,674,533.23    230      
Past Due 61-90 days   2,144,796.76    85      
Past Due 91-120 days   388,188.74    14      
Past Due 121+ days   0.00    0      
 Total   8,207,518.73    329      
                
Total 31+ Delinquent as % Aggregate Ending Principal Balance   3.09%          
Total 61+ Delinquent as % Aggregate Ending Principal Balance   0.95%          
Delinquency Trigger Occurred   NO           
                
Recoveries   252,366.31           
Aggregate Net Losses/(Gains) - June 2026   133,052.20           
Ratio of Net Loss/(Gain) to the Receivables Balance as of beginning of Collection Period (Annualized):               
Current Net Losses/(Gains) Ratio   0.57%          
Prior Net Losses/(Gains) Ratio   0.18%          
Second Prior Net Losses/(Gains) Ratio   0.52%          
Third Prior Net Losses/(Gains) Ratio   0.97%          
Four Month Average   0.56%          
                
Cumulative Net Loss as a % of Aggregate Starting Principal Balance   0.78%          
                
Overcollateralization Target Amount   5,009,268.48           
Actual Overcollateralization   5,009,268.48           
Weighted Average Contract Rate   6.49%          
Weighted Average Contract Rate, Yield Adjusted   10.97%          
Weighted Average Remaining Term   34.48           
                
Flow of Funds   $ Amount           
Collections   16,895,123.31           
Investment Earnings on Cash Accounts   8,801.61           
Servicing Fee   (234,259.74)          
Transfer to Collection Account   -           
Available Funds   16,669,665.18           
                
Distributions of Available Funds               
    (1)  Asset Representation Reviewer Amounts (up to $150,000 per year)   -           
    (2)  Class A Interest   1,036,532.96           
    (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   9,150,913.93           
    (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   1,240,913.81           
                
Total Distributions of Available Funds   16,669,665.18           
                
Servicing Fee   234,259.74           
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 @ 06/15/26   259,267,557.06           
Principal Paid   14,160,182.41           
Note Balance @ 07/15/26   245,107,374.65           
                
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   152,627,557.06           
Principal Paid   14,160,182.41           
Note Balance @ 07/15/26   138,467,374.65           
Note Factor @ 07/15/26   43.5706025%          
                
Class A-4               
Note Balance @ 06/15/26   61,560,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   61,560,000.00           
Note Factor @ 07/15/26   100.0000000%          
                
Class B               
Note Balance @ 06/15/26   30,060,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   30,060,000.00           
Note Factor @ 07/15/26   100.0000000%          
                
Class C               
Note Balance @ 06/15/26   15,020,000.00           
Principal Paid   0.00           
Note Balance @ 07/15/26   15,020,000.00           
Note Factor @ 07/15/26   100.0000000%          
                
Interest & Principal Payments   $ Amount           
Total Interest Paid   1,268,568.96           
Total Principal Paid   14,160,182.41           
Total Paid   15,428,751.37           
                
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   3.59301%          
Coupon   4.17301%          
Interest Paid   0.00           
Principal Paid   0.00           
Total Paid to A-2b Holders   0.00           
                
Class A-3               
Coupon   5.79000%          
Interest Paid   736,427.96           
Principal Paid   14,160,182.41           
Total Paid to A-3 Holders   14,896,610.37           
                
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   1.2694068           
Total Interest Carryover Shortfall   0.0000000           
Total Principal Distribution Amount   14.1695343           
Total Distribution Amount   15.4389411           
                
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   2.3172686           
A-3 Interest Carryover Shortfall   0.0000000           
A-3 Principal Distribution Amount   44.5568987           
Total A-3 Distribution Amount   46.8741673           
                
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   646.24           
Noteholders' Principal Distributable Amount   353.76           
                
Account Balances   $ Amount           
Reserve Account               
Balance as of 06/15/26   2,504,634.24           
Investment Earnings   7,204.73           
Investment Earnings Paid   (7,204.73)          
Deposit/(Withdrawal)   -           
Balance as of 07/15/26   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  $1,791,346.10    1,736,212.37    1,709,074.70 
Number of Extensions   80    71    74 
Ratio of extensions to Beginning of Period Receivables Balance   0.64%   0.59%   0.55%