EX-99.2 3 d413835dex992.htm EX-99.2 EX-99.2

Exhibit 99.2

CARD SERIES SCHEDULE TO

MONTHLY NOTEHOLDERS’ STATEMENT

Date: 08/10/2017

CAPITAL ONE MULTI-ASSET EXECUTION TRUST, ASSET POOL 1

Monthly Period Ending: July 31, 2017

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 August 14, 2017 and with respect to the performance of the Trust during the related Monthly Period from July 1, 2017 through July 31, 2017.

The Current Distribution Date is August 15, 2017.

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 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 of 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.

 

1

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 1 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 1 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.

 

2

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 (2007-5)

      14041NDT5        15-Aug-17        611,687.33        1.0194788833  

CLASS A (2007-7)

      14041NDX6        15-Aug-17        4,791,666.67        4.7916666700  

CLASS A (2014-3)

      14041NER8        15-Aug-17        582,015.50        1.2933677778  

CLASS A (2014-4)

      14041NES6        15-Aug-17        702,491.17        1.2772566727  

CLASS A (2014-5)

      14041NET4        15-Aug-17        1,603,333.33        1.2333333308  

CLASS A (2015-1 )

      14041NEU1        15-Aug-17        1,447,916.67        1.1583333360  

CLASS A (2015-2)

      14041NEV9        15-Aug-17        1,126,666.67        1.7333333385  

CLASS A (2015-3)

      14041NEW7        15-Aug-17        556,528.53        1.3094788941  

CLASS A (2015-4)

      14041NEX5        15-Aug-17        630,208.33        2.2916666545  

CLASS A (2015-5)

      14041NEY3        15-Aug-17        933,333.33        1.3333333286  

CLASS A (2015-6)

      14041NEZ0        15-Aug-17        1,092,515.39        1.2853122235  

CLASS A (2015-7)

      14041NFA4        15-Aug-17        513,541.67        1.2083333412  

CLASS A (2015-8)

      14041NFB2        15-Aug-17        854,166.67        1.7083333400  

CLASS A (2016-1)

      14041NFC0        15-Aug-17        1,754,683.67        1.3497566692  

CLASS A (2016-2)

      14041NFD8        15-Aug-17        934,222.92        1.4947566720  

CLASS A (2016-3)

      14041NFE6        15-Aug-17        1,507,500.00        1.1166666667  

CLASS A (2016-4)

      14041NFF3        15-Aug-17        1,219,166.67        1.1083333364  

CLASS A (2016-5)

      14041NFG1        15-Aug-17        864,583.33        1.3833333280  

CLASS A (2016-6)

      14041NFH9        15-Aug-17        1,213,333.33        1.5166666625  

CLASS A (2016-7)

      14041NFJ5        15-Aug-17        664,092.75        1.3980900000  

CLASS A (2017-1)

      14041NFK2        15-Aug-17        2,666,666.67        1.6666666688  

CLASS A (2017-2)

      14041NFL0        15-Aug-17        790,520.67        1.3175344500  

CLASS A (2017-3)

      14041NFM8        15-Aug-17        1,620,000.00        2.0250000000  
        

 

 

     

Total Class A

            28,680,841.27     

CLASS B (2004-3)

      14041NBL4        15-Aug-17        236,296.83        1.5753122000  

CLASS B (2005-3)

      14041NCG4        16-Oct-17        —          0.0000000000  

CLASS B (2009-C)

         15-Aug-17        2,653,229.17        1.4303122210  
        

 

 

     

Total Class B

            2,889,526.00     

CLASS C (2009-A)

         15-Aug-17        3,655,171.11        1.7364233302  
        

 

 

     

Total Class C

            3,655,171.11     

Total

            35,225,538.38     

 

3

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		  

CLASS A (2015-6)

    14041NEZ0    15-Aug-17      850,000,000.00        1000.0000000000  

 

4

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 (2007-5)

      600,000,000.00        600,000,000.00        600,000,000.00        600,000,000.00  

CLASS A (2007-7)

      1,000,000,000.00        1,000,000,000.00        1,000,000,000.00        1,000,000,000.00  

CLASS A (2014-3)

      450,000,000.00        450,000,000.00        450,000,000.00        450,000,000.00  

CLASS A (2014-4)

      550,000,000.00        550,000,000.00        550,000,000.00        550,000,000.00  

CLASS A (2014-5)

      1,300,000,000.00        1,300,000,000.00        1,300,000,000.00        1,300,000,000.00  

CLASS A (2015-1 )

      1,250,000,000.00        1,250,000,000.00        1,250,000,000.00        1,250,000,000.00  

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 (2015-5)

      700,000,000.00        700,000,000.00        700,000,000.00        700,000,000.00  

CLASS A (2015-6)

      850,000,000.00        850,000,000.00        850,000,000.00        850,000,000.00  

CLASS A (2015-7)

      425,000,000.00        425,000,000.00        425,000,000.00        425,000,000.00  

CLASS A (2015-8)

      500,000,000.00        500,000,000.00        500,000,000.00        500,000,000.00  

CLASS A (2016-1)

      1,300,000,000.00        1,300,000,000.00        1,300,000,000.00        1,300,000,000.00  

CLASS A (2016-2)

      625,000,000.00        625,000,000.00        625,000,000.00        625,000,000.00  

CLASS A (2016-3)

      1,350,000,000.00        1,350,000,000.00        1,350,000,000.00        1,350,000,000.00  

CLASS A (2016-4)

      1,100,000,000.00        1,100,000,000.00        1,100,000,000.00        1,100,000,000.00  

CLASS A (2016-5)

      625,000,000.00        625,000,000.00        625,000,000.00        625,000,000.00  

CLASS A (2016-6)

      800,000,000.00        800,000,000.00        800,000,000.00        800,000,000.00  

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  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Class A

      18,250,000,000.00        18,250,000,000.00        18,250,000,000.00        18,250,000,000.00  

CLASS B (2004-3)

      150,000,000.00        150,000,000.00        150,000,000.00        150,000,000.00  

CLASS B (2005-3)

      100,000,000.00        100,000,000.00        100,000,000.00        100,000,000.00  

CLASS B (2009-C)

      1,855,000,000.00        1,855,000,000.00        1,855,000,000.00        1,855,000,000.00  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Class B

      2,105,000,000.00        2,105,000,000.00        2,105,000,000.00        2,105,000,000.00  

CLASS C (2009-A)

      2,105,000,000.00        2,105,000,000.00        2,105,000,000.00        2,105,000,000.00  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total Class C

      2,105,000,000.00        2,105,000,000.00        2,105,000,000.00        2,105,000,000.00  

CLASS D (2002-1)

         694,643,884.84        694,643,884.84        694,643,884.84  
  

 

 

     

 

 

     

 

 

     

 

 

  

Total

      22,460,000,000.00        23,154,643,884.84        23,154,643,884.84        23,154,643,884.84  

 

5

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 (2007-5)

     600,000,000.00       —         —         —         —         —         —         600,000,000.00  

CLASS A (2007-7)

     1,000,000,000.00       —         —         —         —         —         —         1,000,000,000.00  

CLASS A (2014-3)

     450,000,000.00       —         —         —         —         —         —         450,000,000.00  

CLASS A (2014-4)

     550,000,000.00       —         —         —         —         —         —         550,000,000.00  

CLASS A (2014-5)

     1,300,000,000.00       —         —         —         —         —         —         1,300,000,000.00  

CLASS A (2015-1 )

     1,250,000,000.00       —         —         —         —         —         —         1,250,000,000.00  

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 (2015-5)

     700,000,000.00       —         —         —         —         —         —         700,000,000.00  

CLASS A (2015-6)

     850,000,000.00       —         —         —         —         —         850,000,000.00       —    

CLASS A (2015-7)

     425,000,000.00       —         —         —         —         —         —         425,000,000.00  

CLASS A (2015-8)

     500,000,000.00       —         —         —         —         —         —         500,000,000.00  

CLASS A (2016-1)

     1,300,000,000.00       —         —         —         —         —         —         1,300,000,000.00  

CLASS A (2016-2)

     625,000,000.00       —         —         —         —         —         —         625,000,000.00  

CLASS A (2016-3)

     1,350,000,000.00       —         —         —         —         —         —         1,350,000,000.00  

CLASS A (2016-4)

     1,100,000,000.00       —         —         —         —         —         —         1,100,000,000.00  

CLASS A (2016-5)

     625,000,000.00       —         —         —         —         —         —         625,000,000.00  

CLASS A (2016-6)

     800,000,000.00       —         —         —         —         —         —         800,000,000.00  

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  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class A

     18,250,000,000.00       —         —         —         —         —         850,000,000.00       17,400,000,000.00  

CLASS B (2004-3)

     150,000,000.00       —         —         —         —         —         —         150,000,000.00  

CLASS B (2005-3)

     100,000,000.00       —         —         —         —         —         —         100,000,000.00  

CLASS B (2009-C)

     1,855,000,000.00       —         —         —         —         —         —         1,855,000,000.00  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class B

     2,105,000,000.00       —         —         —         —         —         —         2,105,000,000.00  

CLASS C (2009-A)

     2,105,000,000.00       —         —         —         —         —         —         2,105,000,000.00  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class C

     2,105,000,000.00       —         —         —         —         —         —         2,105,000,000.00  

Class D (2002-1)

     694,643,884.84       —         —         —         —         —         —         668,355,028.29  
 

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total

     23,154,643,884.84       —         —         —         —         —         850,000,000.00       22,278,355,028.29  

 

* This report does not capture any new issuances or increases of notes occurring after the end of the Monthly Period. Additionally, the Class D balance reflects any reductions to maturities that will occur on the distribution date.

 

6

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		  

CLASS A (2015-6)

       850,000,000.00         850,000,000.00       850,000,000.00      

 

7

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
Noteholder’s (3)		     Ending
Interest Funding
sub-Account
Balance (1)		     Interest Funding
sub-Account
Earnings		  

CLASS A (2007-5)

     1.266 %      —         611,687.33       —         611,687.33       (611,687.33 )      —         0.00  

CLASS A (2007-7)

     5.750 %      —         4,791,666.67       —         4,791,666.67       (4,791,666.67 )      —         0.00  

CLASS A (2014-3)

     1.606 %      —         582,015.50       —         582,015.50       (582,015.50 )      —         0.00  

CLASS A (2014-4)

     1.586 %      —         702,491.17       —         702,491.17       (702,491.17 )      —         0.00  

CLASS A (2014-5)

     1.480 %      —         1,603,333.33       —         1,603,333.33       (1,603,333.33 )      —         0.00  

CLASS A (2015-1 )

     1.390 %      —         1,447,916.67       —         1,447,916.67       (1,447,916.67 )      —         0.00  

CLASS A (2015-2)

     2.080 %      —         1,126,666.67       —         1,126,666.67       (1,126,666.67 )      —         0.00  

CLASS A (2015-3)

     1.626 %      —         556,528.53       —         556,528.53       (556,528.53 )      —         0.00  

CLASS A (2015-4)

     2.750 %      —         630,208.33       —         630,208.33       (630,208.33 )      —         0.00  

CLASS A (2015-5)

     1.600 %      —         933,333.33       —         933,333.33       (933,333.33 )      —         0.00  

CLASS A (2015-6)

     1.596 %      —         1,092,515.39       —         1,092,515.39       (1,092,515.39 )      —         0.00  

CLASS A (2015-7)

     1.450 %      —         513,541.67       —         513,541.67       (513,541.67 )      —         0.00  

CLASS A (2015-8)

     2.050 %      —         854,166.67       —         854,166.67       (854,166.67 )      —         0.00  

CLASS A (2016-1)

     1.676 %      —         1,754,683.67       —         1,754,683.67       (1,754,683.67 )      —         0.00  

CLASS A (2016-2)

     1.856 %      —         934,222.92       —         934,222.92       (934,222.92 )      —         0.00  

CLASS A (2016-3)

     1.340 %      —         1,507,500.00       —         1,507,500.00       (1,507,500.00 )      —         0.00  

CLASS A (2016-4)

     1.330 %      —         1,219,166.67       —         1,219,166.67       (1,219,166.67 )      —         0.00  

CLASS A (2016-5)

     1.660 %      —         864,583.33       —         864,583.33       (864,583.33 )      —         0.00  

CLASS A (2016-6)

     1.820 %      —         1,213,333.33       —         1,213,333.33       (1,213,333.33 )      —         0.00  

CLASS A (2016-7)

     1.736 %      —         664,092.75       —         664,092.75       (664,092.75 )      —         0.00  

CLASS A (2017-1)

     2.000 %      —         2,666,666.67       —         2,666,666.67       (2,666,666.67 )      —         0.00  

CLASS A (2017-2)

     1.636 %      —         790,520.67       —         790,520.67       (790,520.67 )      —         0.00  

CLASS A (2017-3)

     2.430 %      —         1,620,000.00       —         1,620,000.00       (1,620,000.00 )      —         0.00  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class A

       —         28,680,841.27       —         28,680,841.27       (28,680,841.27 )      —         0.00  

CLASS B (2004-3)

     1.956 %      —         236,296.83       —         236,296.83       (236,296.83 )      —         0.00  

CLASS B (2005-3)

     1.854 %      —         149,318.58       —         149,318.58       —         149,318.58       110.25  

CLASS B (2009-C)

     —         —         2,653,229.17       —         2,653,229.17       (2,653,229.17 )      —         0.00  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class B

       —         3,038,844.58       —         3,038,844.58       (2,889,526.00 )      149,318.58       110.25  

CLASS C (2009-A)

     —         —         3,655,171.11       —         3,655,171.11       (3,655,171.11 )      —         0.00  
   

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Total Class C

       —         3,655,171.11       —         3,655,171.11       (3,655,171.11 )      —         0.00  

Total

       —         35,374,856.96       —         35,374,856.96       (35,225,538.38 )      149,318.58       110.25  

 

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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

              

 

9

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 Amounts:

  
    Class C Usage of
Class D
Subordination
Amount for this
Monthly Period		     Cumulative Class C
Usage of Class D
Subordination
Amount		                          

NOTHING TO REPORT

            

 

10

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 (2007-5)

      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 (2007-7)

      113,925,000.00        113,925,000.00        113,925,000.00        113,925,000.00        37,975,000.00        37,975,000.00  

CLASS A (2014-3)

      51,266,250.00        51,266,250.00        51,266,250.00        51,266,250.00        17,088,750.00        17,088,750.00  

CLASS A (2014-4)

      62,658,750.00        62,658,750.00        62,658,750.00        62,658,750.00        20,886,250.00        20,886,250.00  

CLASS A (2014-5)

      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 (2015-1 )

      142,406,250.00        142,406,250.00        142,406,250.00        142,406,250.00        47,468,750.00        47,468,750.00  

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 (2015-5)

      79,747,500.00        79,747,500.00        79,747,500.00        79,747,500.00        26,582,500.00        26,582,500.00  

CLASS A (2015-6)

                  

CLASS A (2015-7)

      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 (2015-8)

      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 (2016-1)

      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 (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 (2016-3)

      153,798,750.00        153,798,750.00        153,798,750.00        153,798,750.00        51,266,250.00        51,266,250.00  

CLASS A (2016-4)

      125,317,500.00        125,317,500.00        125,317,500.00        125,317,500.00        41,772,500.00        41,772,500.00  

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 (2016-6)

      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 (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  
  

 

 

     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Total Class A

      1,982,295,000.00        1,982,295,000.00        1,982,295,000.00        1,982,295,000.00        660,765,000.00        660,765,000.00  

CLASS B (2004-3)

            142,150,432.91        142,150,432.91        47,383,477.64        47,383,477.64  

CLASS B (2005-3)

            94,766,955.27        94,766,955.27        31,588,985.09        31,588,985.09  

CLASS B (2009-C)

            1,757,927,020.29        1,757,927,020.29        585,975,673.43        585,975,673.43  
        

 

 

     

 

 

     

 

 

     

 

 

  

Total Class B

            1,994,844,408.47        1,994,844,408.47        664,948,136.16        664,948,136.16  

CLASS C (2009-A)

                  668,355,028.29        668,355,028.29  
              

 

 

     

 

 

  

Total Class C

                  668,355,028.29        668,355,028.29  

 

11

N. Early Redemption Event

 

Current Month Excess Spread Amount

    $ 295,505,376.52  
  

 

 

  

Prior Month Excess Spread Amount

    $ 288,749,973.55  
  

 

 

  

Two Months Prior Excess Spread Amount

    $ 297,255,120.15  
  

 

 

  

Three Months Average Excess Spread Amount

    $ 293,836,823.41  
  

 

 

  

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:    February 10, 2017

 

12

IN WITNESS WHEREOF, the undersigned has duly executed and delivered this Certificate this 10th day of August, 2017.

 

         Capital One Bank (USA), National Association
         as Administrator
    By:   

/s/ Shaun Ross

    Name: Shaun Ross
    Title: Authorized Officer
    Date: 08/10/2017

Signature page to CARD SERIES SCHEDULE TO MONTHLY NOTEHOLDERS’ STATEMENT

 

13