EX-99.2 3 exhibit992nhsjanuary2020.htm COMET EXHIBIT 99.2 JANUARY 2020 Exhibit
Exhibit 99.2
CARD SERIES SCHEDULE TO
MONTHLY NOTEHOLDERS’ STATEMENT

Date: February 12, 2020


CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1
Monthly Period Ending: January 31, 2020

Reference is made to the Amended and Restated Series 2002-CC Supplement, dated as of October 9, 2002, as amended and restated as of March 17, 2016 (as amended and restated, the “Series 2002-CC Supplement”), among Capital One Funding, LLC, a Virginia limited liability company (“Funding”), as Transferor, Capital One Bank (USA), National Association, a national banking association (the “Bank”), as Servicer, and The Bank of New York Mellon, as Trustee, and the Indenture dated as of October 9, 2002, as amended and restated as of January 13, 2006 and March 17, 2016 (as amended and restated, the “Indenture”), between Capital One Multi-asset Execution Trust, as Issuer, and The Bank of New York Mellon, as Indenture Trustee.

The following computations are prepared with respect to the Transfer Date of February 14, 2020 and with respect to the performance of the Trust during the related Monthly Period from January 1, 2020 through January 31, 2020.

The Current Distribution Date is February 18, 2020.

Interest Period for all tranches generally includes the previous Distribution Date (or in the case of the initial Interest Payment Date, the Issuance Date) through the day preceding the current Distribution Date.

Interest on floating rate tranches is calculated on the basis of a 360-day year and the actual number of days in the related Interest Period. Interest on fixed rate tranches is calculated on the basis of a 360-day year and twelve 30-day months.

Material terms, parties and related abbreviations used herein may be found in the following documents as filed with the Securities and Exchange
Commission (“SEC”).

Amended and Restated Pooling and Servicing Agreement dated as of September 30, 1993, as amended and restated as of August 1, 2002, January 13, 2006, July 1, 2007, and March 17, 2016.
 
Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on March 17, 2016.
 
 
 
First Amendment to Amended and Restated Pooling and Servicing Agreement dated as January 27, 2017.
 
Included in Exhibit 4.1 to Funding’s Form 8-K filed with the SEC on January 27, 2017.
 
 
 
Amended and Restated Series 2002-CC Supplement to the Amended and Restated Pooling and Servicing Agreement dated as of October 9, 2002, as amended and restated as of March 17, 2016, relating to the COMT Collateral Certificate.
 
Included in Exhibit 4.3 to Funding’s Form 8-K filed with the SEC on March 17, 2016.
 
 
 
Transfer and Administration Agreement dated as of October 9, 2002.
 
Included in Exhibit 4.2 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
 
 
 
First Amendment to Transfer and Administration Agreement dated as of March 1, 2008.
 
Included in Exhibit 4.10 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
 
 
 
Capital One Multi-asset Execution Trust Amended and Restated Trust Agreement dated as of October 9, 2002.
 
Included in Exhibit 4.3 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
 
 
 
Indenture dated as of October 9, 2002, as amended and restated as of January 13, 2006 and March 17, 2016.
 
Included in Exhibit 4.4 to Funding’s Form 8-K filed with the SEC on March 17, 2016.
 
 
 
COMT Asset Pool I Supplement dated as of October 9, 2002.
 
Included in Exhibit 4.5 to Funding’s Form 8-K filed with the SEC on November 12, 2002.
 
 
 
First Amendment to COMT Asset Pool I Supplement dated as of March 1, 2008.
 
Included in Exhibit 4.8 to Funding’s Form 8-K filed with the SEC on March 4, 2008.
 
 
 
Card Series Indenture Supplement dated as of October 9, 2002, as amended and restated as of March 17, 2016.
 
Included in Exhibit 4.5 to Funding’s Form 8-K filed with the SEC on March 17, 2016.





1


A. Interest to be paid on the corresponding Distribution Date:
 
CUSIP Number
 
Interest Payment
Date
 
Total Amount of
Interest to be paid
 
Per $1000 of
Outstanding Dollar
Principal Amount
CLASS A (2015-2)
14041NEV9
 
2/18/2020
 
$
1,126,666.67

 
1.7333333385

CLASS A (2015-3)
14041NEW7
 
2/18/2020
 
$
833,383.68

 
1.9609027765

CLASS A (2015-4)
14041NEX5
 
2/18/2020
 
$
630,208.33

 
2.2916666545

CLASS A (2015-8)
14041NFB2
 
2/18/2020
 
$
854,166.67

 
1.7083333400

CLASS A (2016-2)
14041NFD8
 
2/18/2020
 
$
1,361,328.13

 
2.1781250080

CLASS A (2016-5)
14041NFG1
 
2/18/2020
 
$
864,583.33

 
1.3833333280

CLASS A (2016-7)
14041NFJ5
 
2/18/2020
 
$
980,776.04

 
2.0647916632

CLASS A (2017-1)
14041NFK2
 
2/18/2020
 
$
2,666,666.67

 
1.6666666688

CLASS A (2017-2)
14041NFL0
 
2/18/2020
 
$
1,182,208.33

 
1.9703472167

CLASS A (2017-3)
14041NFM8
 
2/18/2020
 
$
1,620,000.00

 
2.0250000000

CLASS A (2017-4)
14041NFN6
 
2/18/2020
 
$
2,487,500.00

 
1.6583333333

CLASS A (2017-5)
14041NFP1
 
2/18/2020
 
$
1,278,541.67

 
2.1309027833

CLASS A (2017-6)
14041NFQ9
 
2/18/2020
 
$
1,717,500.00

 
1.9083333333

CLASS A (2018-1)
14041NFR7
 
2/18/2020
 
$
1,505,000.00

 
2.5083333333

CLASS A (2018-2)
14041NFS5
 
2/18/2020
 
$
765,472.22

 
1.9136805500

CLASS A (2019-1)
14041NFT3
 
2/18/2020
 
$
3,550,000.00

 
2.3666666667

CLASS A (2019-2)
14041NFU0
 
2/18/2020
 
$
1,863,333.33

 
1.4333333308

CLASS A (2019-3)
14041NFV8
 
2/18/2020
 
$
2,489,166.67

 
1.7166666690

Total Class A

 

 
$
27,776,501.74

 


CLASS B (2005-3)
14041NCG4
 
4/15/2020
 
-

 
0.0000000000

CLASS B (2009-C)

 
2/18/2020
 
$
3,127,639.93

 
1.9609027774

Total Class B

 

 
$
3,127,639.93

 


CLASS C (2009-A)

 
2/18/2020
 
$
3,884,021.88

 
2.2914583363

Total Class C

 

 
$
3,884,021.88

 


Total

 

 
$
34,788,163.55

 


































2




B. Principal to be paid on the Distribution Date:
 
CUSIP Number
 
Principal Payment Date
 
Total Amount of Principal to be paid
 
Per $1000 of Outstanding Dollar Principal Amount
NOTHING TO REPORT

 

 

 









































3




C. Outstanding Dollar Principal Amount and Nominal Liquidation Amount for the related Monthly Period:
(as of the end of the related Monthly Period)
 
Initial Dollar Principal Amount
 
Outstanding Dollar Principal Amount
 
Adjusted Outstanding Dollar Principal Amount
 
Nominal Liquidation Amount
CLASS A (2015-2)
$
650,000,000.00

 
$
650,000,000.00

 
$
650,000,000.00

 
$
650,000,000.00

CLASS A (2015-3)
$
425,000,000.00

 
$
425,000,000.00

 
$
425,000,000.00

 
$
425,000,000.00

CLASS A (2015-4)
$
275,000,000.00

 
$
275,000,000.00

 
$
275,000,000.00

 
$
275,000,000.00

CLASS A (2015-8)
$
500,000,000.00

 
$
500,000,000.00

 
$
500,000,000.00

 
$
500,000,000.00

CLASS A (2016-2)
$
625,000,000.00

 
$
625,000,000.00

 
$
625,000,000.00

 
$
625,000,000.00

CLASS A (2016-5)
$
625,000,000.00

 
$
625,000,000.00

 
$
625,000,000.00

 
$
625,000,000.00

CLASS A (2016-7)
$
475,000,000.00

 
$
475,000,000.00

 
$
475,000,000.00

 
$
475,000,000.00

CLASS A (2017-1)
$
1,600,000,000.00

 
$
1,600,000,000.00

 
$
1,600,000,000.00

 
$
1,600,000,000.00

CLASS A (2017-2)
$
600,000,000.00

 
$
600,000,000.00

 
$
600,000,000.00

 
$
600,000,000.00

CLASS A (2017-3)
$
800,000,000.00

 
$
800,000,000.00

 
$
800,000,000.00

 
$
800,000,000.00

CLASS A (2017-4)
$
1,500,000,000.00

 
$
1,500,000,000.00

 
$
1,500,000,000.00

 
$
1,500,000,000.00

CLASS A (2017-5)
$
600,000,000.00

 
$
600,000,000.00

 
$
600,000,000.00

 
$
600,000,000.00

CLASS A (2017-6)
$
900,000,000.00

 
$
900,000,000.00

 
$
900,000,000.00

 
$
900,000,000.00

CLASS A (2018-1)
$
600,000,000.00

 
$
600,000,000.00

 
$
600,000,000.00

 
$
600,000,000.00

CLASS A (2018-2)
$
400,000,000.00

 
$
400,000,000.00

 
$
400,000,000.00

 
$
400,000,000.00

CLASS A (2019-1)
$
1,500,000,000.00

 
$
1,500,000,000.00

 
$
1,500,000,000.00

 
$
1,500,000,000.00

CLASS A (2019-2)
$
1,300,000,000.00

 
$
1,300,000,000.00

 
$
1,300,000,000.00

 
$
1,300,000,000.00

CLASS A (2019-3)
$
1,450,000,000.00

 
$
1,450,000,000.00

 
$
1,450,000,000.00

 
$
1,450,000,000.00

Total Class A
$
14,825,000,000.00

 
$
14,825,000,000.00

 
$
14,825,000,000.00

 
$
14,825,000,000.00

CLASS B (2005-3)
$
100,000,000.00

 
$
100,000,000.00

 
$
100,000,000.00

 
$
100,000,000.00

CLASS B (2009-C)
$
1,595,000,000.00

 
$
1,595,000,000.00

 
$
1,595,000,000.00

 
$
1,595,000,000.00

Total Class B
$
1,695,000,000.00

 
$
1,695,000,000.00

 
$
1,695,000,000.00

 
$
1,695,000,000.00

CLASS C (2009-A)
$
1,695,000,000.00

 
$
1,695,000,000.00

 
$
1,695,000,000.00

 
$
1,695,000,000.00

Total Class C
$
1,695,000,000.00

 
$
1,695,000,000.00

 
$
1,695,000,000.00

 
$
1,695,000,000.00

CLASS D (2002-1)
$

 
$
563,354,337.74

 
$
563,354,337.74

 
$
563,354,337.74

Total Class D
$

 
$
563,354,337.74

 
$
563,354,337.74

 
$
563,354,337.74

Total
$
18,215,000,000.00

 
$
18,778,354,337.74

 
$
18,778,354,337.74

 
$
18,778,354,337.74





4


D. Nominal Liquidation Amount for Tranches of Notes Outstanding:
(including all tranches issued as of the end of the Monthly Period, after taking into account all allocations expected to occur on the Distribution Date)
 
End of Month Nominal Liquidation Amount
Increase due to accretions of Principal for Discount Notes
Withdrawal from Principal Funding sub-account
Reimbursements of Nominal Liquidation Amount from Available Funds
Reductions due to reallocation of Card Series Principal Amounts
Reduction due to Investor Charge-offs
Reductions due to deposits into the Principal Funding sub-Account
Nominal Liquidation Amount as of the Distribution Date*
CLASS A (2015-2)
$
650,000,000.00

$

$

$

$

$

$

$
650,000,000.00

CLASS A (2015-3)
$
425,000,000.00

$

$

$

$

$

$

$
425,000,000.00

CLASS A (2015-4)
$
275,000,000.00

$

$

$

$

$

$

$
275,000,000.00

CLASS A (2015-8)
$
500,000,000.00

$

$

$

$

$

$

$
500,000,000.00

CLASS A (2016-2)
$
625,000,000.00

$

$

$

$

$

$

$
625,000,000.00

CLASS A (2016-5)
$
625,000,000.00

$

$

$

$

$

$

$
625,000,000.00

CLASS A (2016-7)
$
475,000,000.00

$

$

$

$

$

$

$
475,000,000.00

CLASS A (2017-1)
$
1,600,000,000.00

$

$

$

$

$

$

$
1,600,000,000.00

CLASS A (2017-2)
$
600,000,000.00

$

$

$

$

$

$

$
600,000,000.00

CLASS A (2017-3)
$
800,000,000.00

$

$

$

$

$

$

$
800,000,000.00

CLASS A (2017-4)
$
1,500,000,000.00

$

$

$

$

$

$

$
1,500,000,000.00

CLASS A (2017-5)
$
600,000,000.00

$

$

$

$

$

$

$
600,000,000.00

CLASS A (2017-6)
$
900,000,000.00

$

$

$

$

$

$

$
900,000,000.00

CLASS A (2018-1)
$
600,000,000.00

$

$

$

$

$

$

$
600,000,000.00

CLASS A (2018-2)
$
400,000,000.00

$

$

$

$

$

$

$
400,000,000.00

CLASS A (2019-1)
$
1,500,000,000.00

$

$

$

$

$

$

$
1,500,000,000.00

CLASS A (2019-2)
$
1,300,000,000.00

$

$

$

$

$

$

$
1,300,000,000.00

CLASS A (2019-3)
$
1,450,000,000.00

$

$

$

$

$

$

$
1,450,000,000.00

Total Class A
$
14,825,000,000.00

$

$

$

$

$

$

$
14,825,000,000.00

CLASS B (2005-3)
$
100,000,000.00

$

$

$

$

$

$

$
100,000,000.00

CLASS B (2009-C)
$
1,595,000,000.00

$

$

$

$

$

$

$
1,595,000,000.00

Total Class B
$
1,695,000,000.00

$

$

$

$

$

$

$
1,695,000,000.00

CLASS C (2009-A)
$
1,695,000,000.00

$

$

$

$

$

$

$
1,695,000,000.00

Total Class C
$
1,695,000,000.00

$

$

$

$

$

$

$
1,695,000,000.00

Class D (2002-1)
$
563,354,337.74

$

$

$

$

$

$

$
563,354,337.74

Total Class D
$
563,354,337.74

$

$

$

$

$

$

$
563,354,337.74

Total
$
18,778,354,337.74

$

$

$

$

$

$

$
18,778,354,337.74

* This report does not capture any new issuances or increases of notes occurring after the end of the Monthly Period.








5


E. Targeted Deposits to Principal Funding sub-Accounts:
 
Beginning
Principal Funding
sub-Account
Balance
Targeted Deposit
to Principal
Funding
sub-Account
Previous shortfalls
of targeted
deposits to the
Principal Funding
Sub-Account
Actual Deposit to
Principal Funding
sub-Account
Amounts withdrawn
from the Principal
Funding sub-Account
for payment to
Noteholders
Ending
Principal Funding
sub-Account
Balance
Principal Funding
sub-Account
Earnings
NOTHING TO REPORT








































6


F. Targeted Deposits to Interest Funding sub-Accounts:

 
Applicable Interest Rates
Beginning Interest Funding sub-Account Balance (1)
Targeted Deposit to Interest Funding sub-Account
Previous Shortfalls of targeted deposits to the Interest Funding
sub-Account
Actual Deposit to Interest Funding sub-Account (2)
Amounts withdrawn from the Interest Funding sub-Account for payment to Noteholders (3)
Ending Interest Funding sub-Account Balance (1)
Interest Funding sub-Account Earnings
CLASS A (2015-2)
2.080
%
$

$
1,126,666.67

$

$
1,126,666.67

$
1,126,666.67

$

$

CLASS A (2015-3)
2.076
%
$

$
833,383.68

$

$
833,383.68

$
833,383.68

$

$

CLASS A (2015-4)
2.750
%
$

$
630,208.33

$

$
630,208.33

$
630,208.33

$

$

CLASS A (2015-8)
2.050
%
$

$
854,166.67

$

$
854,166.67

$
854,166.67

$

$

CLASS A (2016-2)
2.306
%
$

$
1,361,328.13

$

$
1,361,328.13

$
1,361,328.13

$

$

CLASS A (2016-5)
1.660
%
$

$
864,583.33

$

$
864,583.33

$
864,583.33

$

$

CLASS A (2016-7)
2.186
%
$

$
980,776.04

$

$
980,776.04

$
980,776.04

$

$

CLASS A (2017-1)
2.000
%
$

$
2,666,666.67

$

$
2,666,666.67

$
2,666,666.67

$

$

CLASS A (2017-2)
2.086
%
$

$
1,182,208.33

$

$
1,182,208.33

$
1,182,208.33

$

$

CLASS A (2017-3)
2.430
%
$

$
1,620,000.00

$

$
1,620,000.00

$
1,620,000.00

$

$

CLASS A (2017-4)
1.990
%
$

$
2,487,500.00

$

$
2,487,500.00

$
2,487,500.00

$

$

CLASS A (2017-5)
2.256
%
$

$
1,278,541.67

$

$
1,278,541.67

$
1,278,541.67

$

$

CLASS A (2017-6)
2.290
%
$

$
1,717,500.00

$

$
1,717,500.00

$
1,717,500.00

$

$

CLASS A (2018-1)
3.010
%
$

$
1,505,000.00

$

$
1,505,000.00

$
1,505,000.00

$

$

CLASS A (2018-2)
2.026
%
$

$
765,472.22

$

$
765,472.22

$
765,472.22

$

$

CLASS A (2019-1)
2.840
%
$

$
3,550,000.00

$

$
3,550,000.00

$
3,550,000.00

$

$

CLASS A (2019-2)
1.720
%
$

$
1,863,333.33

$

$
1,863,333.33

$
1,863,333.33

$

$

CLASS A (2019-3)
2.060
%
$

$
2,489,166.67

$

$
2,489,166.67

$
2,489,166.67

$

$

Total Class A


$

$
27,776,501.74

$

$
27,776,501.74

$
27,776,501.74

$

$

CLASS B (2005-3)
2.381
%
$

$
224,895.83

$

$
224,895.83

$

$
224,895.83

$
251.45

CLASS B (2009-C)
2.076
%
$

$
3,127,639.93

$

$
3,127,639.93

$
3,127,639.93

$

$

Total Class B


$

$
3,352,535.76

$

$
3,352,535.76

$
3,127,639.93

$
224,895.83

$
251.45

CLASS C (2009-A)
2.426
%
$

$
3,884,021.88

$

$
3,884,021.88

$
3,884,021.88

$

$

Total Class C


$

$
3,884,021.88

$

$
3,884,021.88

$
3,884,021.88

$

$

Total


$

$
35,013,059.38

$

$
35,013,059.38

$
34,788,163.55

$
224,895.83

$
251.45











7




G. Class C Reserve sub-Accounts:
 
Beginning Class C Reserve sub-Account Balance
 
Targeted Deposit to Class C Reserve sub-Account
 
Actual Deposit to Class C Reserve sub-Account
 
Withdrawals from Class C Reserve sub-Account Balance
 
Ending Class C Reserve sub-Account Balance
 
Class C Reserve sub-Account Earnings
NOTHING TO REPORT

H. Targeted Deposits to Class D Reserve sub-Accounts:
(Beginning Class D Reserve sub-account Balance includes Class D Reserve sub-Account Earnings and deposits related to any new issuances)
 
Beginning Class D Reserve sub-Account Balance
 
Targeted Deposit to Class D Reserve sub-Account
 
Actual Deposit to Class D Reserve sub-Account
 
Withdrawals from Class D Reserve sub-Account Balance
 
Ending Class D Reserve sub-Account Balance
 
Class D Reserve sub-Account Earnings
NOTHING TO REPORT

I. Targeted Deposits to Accumulation Reserve sub-Accounts:
 
Beginning Accumulation Reserve sub-Account Balance
 
Targeted Deposit to Accumulation Reserve sub-Account
 
Actual Deposit to Accumulation Reserve sub-Account
 
Withdrawals from Accumulation Reserve Account for Interest
 
Withdrawals from Accumulation Reserve Account for Payments to Issuer
 
Ending Accumulation Reserve Balance
 sub-Account
 
Accumulation Reserve sub-Account Earnings
NOTHING TO REPORT















8




J. Class A Usage of Class B, C and D Subordination Amounts:
 
Class A Usage of Class B Subordination Amount for this Monthly Period
 
Class A Usage of Class C Subordination Amount for this Monthly Period
 
Class A Usage of Class D Subordination Amount for this Monthly Period
 
Cumulative Class A Usage of Class B Subordination Amount
 
Cumulative Class A Usage of Class C Subordination Amount
 
Cumulative Class A Usage of Class D Subordination Amount
NOTHING TO REPORT

K. Class B Usage of Class C and D Subordination Amounts:
 
Class B Usage of Class C Subordination Amount for this Monthly Period
 
Class B Usage of Class D Subordination Amount for this Monthly Period
 
Cumulative Class B Usage of Class C Subordination Amount
 
Cumulative Class B Usage of Class D Subordination Amount
NOTHING TO REPORT

L. Class C Usage of Class D Subordination Amount
 
Class C Usage of Class D Subordination Amount for this Monthly Period
 
Cumulative Class C Usage of Class D Subordination Amount
NOTHING TO REPORT
















9


M. Required and Available Subordination Amount to Class A, B and C Notes:
(as of Determination Date, after taking into account all maturities expected to occur on the Distribution Date)
 
 
Required Subordination Amount from Class B Notes
 
Available Subordination Amount from Class B Notes
 
Required Subordination Amount from Class C Notes
 
Available Subordination Amount from Class C Notes
 
Required Subordination Amount from Class D Notes
 
Available Subordination Amount from Class D Notes
CLASS A (2015-2)
 
$
74,051,250.00

 
$
74,051,250.00

 
$
74,051,250.00

 
$
74,051,250.00

 
$
24,683,750.00

 
$
24,683,750.00

CLASS A (2015-3)
 
$
48,418,125.00

 
$
48,418,125.00

 
$
48,418,125.00

 
$
48,418,125.00

 
$
16,139,375.00

 
$
16,139,375.00

CLASS A (2015-4)
 
$
31,329,375.00

 
$
31,329,375.00

 
$
31,329,375.00

 
$
31,329,375.00

 
$
10,443,125.00

 
$
10,443,125.00

CLASS A (2015-8)
 
$
56,962,500.00

 
$
56,962,500.00

 
$
56,962,500.00

 
$
56,962,500.00

 
$
18,987,500.00

 
$
18,987,500.00

CLASS A (2016-2)
 
$
71,203,125.00

 
$
71,203,125.00

 
$
71,203,125.00

 
$
71,203,125.00

 
$
23,734,375.00

 
$
23,734,375.00

CLASS A (2016-5)
 
$
71,203,125.00

 
$
71,203,125.00

 
$
71,203,125.00

 
$
71,203,125.00

 
$
23,734,375.00

 
$
23,734,375.00

CLASS A (2016-7)
 
$
54,114,375.00

 
$
54,114,375.00

 
$
54,114,375.00

 
$
54,114,375.00

 
$
18,038,125.00

 
$
18,038,125.00

CLASS A (2017-1)
 
$
182,280,000.00

 
$
182,280,000.00

 
$
182,280,000.00

 
$
182,280,000.00

 
$
60,760,000.00

 
$
60,760,000.00

CLASS A (2017-2)
 
$
68,355,000.00

 
$
68,355,000.00

 
$
68,355,000.00

 
$
68,355,000.00

 
$
22,785,000.00

 
$
22,785,000.00

CLASS A (2017-3)
 
$
91,140,000.00

 
$
91,140,000.00

 
$
91,140,000.00

 
$
91,140,000.00

 
$
30,380,000.00

 
$
30,380,000.00

CLASS A (2017-4)
 
$
170,887,500.00

 
$
170,887,500.00

 
$
170,887,500.00

 
$
170,887,500.00

 
$
56,962,500.00

 
$
56,962,500.00

CLASS A (2017-5)
 
$
68,355,000.00

 
$
68,355,000.00

 
$
68,355,000.00

 
$
68,355,000.00

 
$
22,785,000.00

 
$
22,785,000.00

CLASS A (2017-6)
 
$
102,532,500.00

 
$
102,532,500.00

 
$
102,532,500.00

 
$
102,532,500.00

 
$
34,177,500.00

 
$
34,177,500.00

CLASS A (2018-1)
 
$
68,355,000.00

 
$
68,355,000.00

 
$
68,355,000.00

 
$
68,355,000.00

 
$
22,785,000.00

 
$
22,785,000.00

CLASS A (2018-2)
 
$
45,570,000.00

 
$
45,570,000.00

 
$
45,570,000.00

 
$
45,570,000.00

 
$
15,190,000.00

 
$
15,190,000.00

CLASS A (2019-1)
 
$
170,887,500.00

 
$
170,887,500.00

 
$
170,887,500.00

 
$
170,887,500.00

 
$
56,962,500.00

 
$
56,962,500.00

CLASS A (2019-2)
 
$
148,102,500.00

 
$
148,102,500.00

 
$
148,102,500.00

 
$
148,102,500.00

 
$
49,367,500.00

 
$
49,367,500.00

CLASS A (2019-3)
 
$
165,191,250.00

 
$
165,191,250.00

 
$
165,191,250.00

 
$
165,191,250.00

 
$
55,063,750.00

 
$
55,063,750.00

Total Class A
 
$
1,688,938,125.00

 
$
1,688,938,125.00

 
$
1,688,938,125.00

 
$
1,688,938,125.00

 
$
562,979,375.00

 
$
562,979,375.00

CLASS B (2005-3)
 


 


 
$
99,678,943.43

 
$
99,678,943.43

 
$
33,226,314.48

 
$
33,226,314.48

CLASS B (2009-C)
 

 

 
$
1,589,879,147.71

 
$
1,589,879,147.71

 
$
529,959,715.90

 
$
529,959,715.90

Total Class B
 

 

 
$
1,689,558,091.14

 
$
1,689,558,091.14

 
$
563,186,030.38

 
$
563,186,030.38

CLASS C (2009-A)
 

 

 


 


 
$
563,354,337.74

 
$
563,354,337.74

Total Class C
 

 

 

 

 
$
563,354,337.74

 
$
563,354,337.74





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N. Early Redemption Event
Current Month Excess Spread Amount
$239,215,109.82
Prior Month Excess Spread Amount
$269,112,412.71
Two Months Prior Excess Spread Amount
$253,229,666.56
Three Month Average Excess Spread Amount
$253,852,396.36
Is the average of the Excess Spread Amount for preceding three months greater than $0?
YES

O. Repurchase Demand Activity (Rule 15Ga-1)

Nothing to Report
Most Recent Form ABS - 15G
Filed by: Capital One Funding, LLC
CIK#: 0001162387
Date: January 16, 2020

















































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IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 12th day of February 2020.

CAPITAL ONE BANK (USA), National Association as Administrator
 
 
By:
/s/ Shaun Ross
Name:
Shaun Ross
Title:
Authorized Officer
 
 





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