# EDGAR Filing Document

**Accession Number:** 0000315774
**File Stem:** 0001752724-23-050132
**Filing Date:** 2023-3
**Character Count:** 13429
**Document Hash:** 8ee50d12ac81804b8e21d662476e8d2e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-050132.hdr.sgml**: 20230301

**ACCESSION NUMBER**: 0001752724-23-050132

**CONFORMED SUBMISSION TYPE**: NPORT-P/A

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20220930

**FILED AS OF DATE**: 20230301

**DATE AS OF CHANGE**: 20230301

**PERIOD START**: 20230331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FORUM FUNDS
- **CENTRAL INDEX KEY:** 0000315774
- **IRS NUMBER:** 010516963
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P/A
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-03023
- **FILM NUMBER:** 23693254

**BUSINESS ADDRESS:**
- **STREET 1:** THREE CANAL PLAZA
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101
- **BUSINESS PHONE:** 2073472000

**MAIL ADDRESS:**
- **STREET 1:** FORUM FUNDS
- **STREET 2:** THREE CANAL PLAZA
- **CITY:** PORTLAND
- **STATE:** ME
- **ZIP:** 04101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FORUM FUNDS INC
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FAHNESTOCK DAILY INCOME FUND INC
- **DATE OF NAME CHANGE:** 19870617

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DAILY INCOME EXTENSION FUND INC
- **DATE OF NAME CHANGE:** 19810607

## Series and Classes Contracts Data

### Absolute Strategies Fund (Series ID: S000004559)

| Class ID   | Class Name           | Ticker Symbol   |
|:---|:---|:---|
| C000012477 | Institutional Shares | ASFIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** FORUM FUNDS

- **b. Investment Company Act file number:** 811-03023

- **c. CIK number of Registrant:** 0000315774

- **d. LEI of Registrant:** 549300LXYEU14CHGAO13

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** THREE CANAL PLAZA, SUITE 600

  - **City:** PORTLAND

  - **State:** ME

  - **Foreign country:** US

  - **Zip / Postal Code:** 04101

  - **Telephone number:** 207-347-2000

**Item A.2. Information about the Series.**

- **a. Name of Series:** ABSOLUTE STRATEGIES FUND

- **b. EDGAR series identifier (if any):** S000004559

- **c. LEI of Series:** VG74A4FXDB0JKRLODL41

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-03-31

- **b. Date as of which information is reported:** 2022-09-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $36657658.95

**Total Liabilities:** $203215.49

**Net Assets:** $36454443.46

**Cash Not Reported:** $4972557.90

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012477 | -3.41%               | 2.97%                | 4.25%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $6600.27                                   |
| Month 2  | $0.00                    | $14183.05                                  |
| Month 3  | $0.00                    | $-114592.77                                |

**Designated Index Information**

- **Index Name:** S&P 500 (TR)

- **Index Identifier:** 500TR

### Schedule of Portfolio Investments

| Name                                     | Title                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Structured Adjustable Rate Mor           | Structured Adjustable Rate Mortgage Loan Trust    | CUSIP: 86363GAF1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     14507 | PA      | $7677.73      | 0.02%             | 2047-04-25      | Variable      | 3.43%                 | No            |                  2 | On Loan: No      |
| First American Treasury Obligations Fund | First American Treasury Obligations Fund          | CUSIP: 31846V328<br>LEI: N/A                  | Long             | STIV             | RF                | US        |  16188900 | NS      | $16188899.69  | 44.41%            |  |  |  | No            |                  2 | On Loan: No      |
| Adjustable Rate Mortgage Trust           | Adjustable Rate Mortgage Trust                    | CUSIP: 2254W0MF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     26422 | PA      | $20355.29     | 0.06%             | 2036-03-25      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| SPDR S&P 500 ETF Trust                   | SPDR S&P 500 ETF Trust                            | CUSIP: 1XJ991239<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |       250 | NC      | $285000.00    | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Citimortgage Alternative Loan            | CitiMortgage Alternative Loan Trust               | CUSIP: 12566VAF9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     10650 | PA      | $9473.38      | 0.03%             | 2037-04-25      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Apple Inc                                | Apple, Inc.                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |       500 | NC      | $154000.00    | 0.42%             |  |  |  | No            |                  1 | On Loan: No      |
| S&P 500 E-mini Future                    | S&P 500 E-mini Future                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |       -45 | NC      | $-8103375.00  | -22.23%           |  |  |  | No            |                  1 | On Loan: No      |
| Banc of America Funding Corpor           | Banc of America Funding Corp.                     | CUSIP: 05950DAD2<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      7271 | PA      | $6673.88      | 0.02%             | 2036-06-20      | Variable      | 3.46%                 | No            |                  2 | On Loan: No      |
| SPDR S&P 500 ETF Trust                   | SPDR S&P 500 ETF Trust                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |       200 | NC      | $200.00       | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Absolute Select Value ETF                | Absolute Select Value ETF                         | CUSIP: 90470L568<br>LEI: 5493007XLR78NZO4WD80 | Long             | EC               | RF                | US        |     26763 | NS      | $672714.77    | 1.85%             |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                   | SPDR S&P 500 ETF Trust                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |       500 | NC      | $13000.00     | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| IndyMac INDX Mortgage Loan Tru           | IndyMac Index Mortgage Loan Trust                 | CUSIP: 45661HAE7<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     28701 | PA      | $20280.60     | 0.06%             | 2036-09-25      | Variable      | 3.46%                 | No            |                  2 | On Loan: No      |
| Absolute Convertible Arbitrage           | Absolute Convertible Arbitrage Fund               | CUSIP: 34984T287<br>LEI: 254900X33KL2ACION121 | Long             | EC               | RF                | US        |    107086 | NS      | $1165094.06   | 3.20%             |  |  |  | No            |                  1 | On Loan: No      |
| Apple Inc                                | Apple, Inc.                                       | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |       500 | NC      | $115000.00    | 0.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Absolute Capital Opportunities           | Absolute Capital Opportunities Fund               | CUSIP: 34985A709<br>LEI: 254900V1F0SK0ITURS31 | Long             | EC               | RF                | US        |    689143 | NS      | $6898319.05   | 18.92%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                   | SPDR S&P 500 ETF Trust                            | CUSIP: 1XJ9914Z6<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      -250 | NC      | $-120250.00   | -0.33%            |  |  |  | No            |                  1 | On Loan: No      |
| SPDR S&P 500 ETF Trust                   | SPDR S&P 500 ETF Trust                            | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |       250 | NC      | $18000.00     | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Absolute Flexible Fund                   | Absolute Flexible Fund                            | CUSIP: 34985D109<br>LEI: N/A                  | Long             | EC               | RF                | US        |    500000 | NS      | $4955000.00   | 13.59%            |  |  |  | No            |                  1 | On Loan: No      |
| Financial Select Sector SPDR Fund        | Financial Select Sector SPDR Fund                 | CUSIP: 10899VG32<br>LEI: N/A                  | N/A              | DE               | CORP              | US        |      1000 | NC      | $186500.00    | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Banc of America Funding Corpor           | Banc of America Funding Corp.                     | CUSIP: 05954DAG1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     15019 | PA      | $14495.16     | 0.04%             | 2047-07-20      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| VanEck Gold Miners ETF/USA               | VanEck Gold Miners ETF/USA                        | CUSIP: 92189F106<br>LEI: 54930031TORTKAM9TJ98 | Long             | EC               | RF                | US        |      2000 | NS      | $48240.00     | 0.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Citimortgage Alternative Loan            | CitiMortgage Alternative Loan Trust               | CUSIP: 12566TAM9<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     28750 | PA      | $23734.20     | 0.07%             | 2036-12-25      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Countrywide Alternative Loan T           | Countrywide Alternative Loan Trust                | CUSIP: 12668ALH6<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      9095 | PA      | $7536.13      | 0.02%             | 2035-11-25      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| JP Morgan Mortgage Trust                 | JPMorgan Mortgage Trust                           | CUSIP: 46630PAZ8<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |      6723 | PA      | $5945.14      | 0.02%             | 2037-04-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| Adjustable Rate Mortgage Trust           | Adjustable Rate Mortgage Trust                    | CUSIP: 225470E82<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     12102 | PA      | $10167.00     | 0.03%             | 2036-03-25      | Variable      | 2.96%                 | No            |                  2 | On Loan: No      |
| Countrywide Home Loans                   | Countrywide Home Loan Mortgage Pass-Through Trust | CUSIP: 12544BAA1<br>LEI: N/A                  | Long             | ABS-CBDO         | CORP              | US        |     12885 | PA      | $10587.89     | 0.03%             | 2047-09-25      | Variable      | 3.86%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-01

**Name of Applicant:** Forum Funds

**Signature:** /s/ Karen Shaw

**Name of Signer:** Karen Shaw

**Title:** Treasurer