# EDGAR Filing Document

**Accession Number:** 0001986424
**File Stem:** 0001986424-26-000011
**Filing Date:** 2026-3
**Character Count:** 18010
**Document Hash:** 266d3204e3745850a83286d6ff1dcbd2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001986424-26-000011.hdr.sgml**: 20260326

**ACCESSION NUMBER**: 0001986424-26-000011

**CONFORMED SUBMISSION TYPE**: 10-D

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260326

**DATE AS OF CHANGE**: 20260326

**ABS ASSET CLASS**: Auto loans

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fifth Third Auto Trust 2023-1
- **CENTRAL INDEX KEY:** 0001986424
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-267774-01
- **FILM NUMBER:** 26797396

**BUSINESS ADDRESS:**
- **STREET 1:** 1701 GOLF ROAD, TOWER 1, 9TH FLOOR
- **CITY:** ROLLING MEADOWS
- **STATE:** IL
- **ZIP:** 60008
- **BUSINESS PHONE:** 847-354-7341

**MAIL ADDRESS:**
- **STREET 1:** 1701 GOLF ROAD, TOWER 1, 9TH FLOOR
- **CITY:** ROLLING MEADOWS
- **STATE:** IL
- **ZIP:** 60008
**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Fifth Third Holdings Funding, LLC
- **CENTRAL INDEX KEY:** 0001405332
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 352301537
- **STATE OF INCORPORATION:** OH
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 10-D
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-144316
- **FILM NUMBER:** 26797397

**BUSINESS ADDRESS:**
- **STREET 1:** 1701 GOLF ROAD, TOWER 1, 9TH FLOOR
- **CITY:** ROLLING MEADOWS
- **STATE:** IL
- **ZIP:** 60008
- **BUSINESS PHONE:** 847-354-7341

**MAIL ADDRESS:**
- **STREET 1:** 1701 GOLF ROAD, TOWER 1, 9TH FLOOR
- **CITY:** ROLLING MEADOWS
- **STATE:** IL
- **ZIP:** 60008

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

**FORM 10-D**

**ASSET-BACKED ISSUER**

**Distribution Report Pursuant to Section 13 or 15(d) of**

**the Securities Exchange Act of 1934**

For the monthly distribution period from

February 1, 2026 to February 28, 2026

Commission File Number of issuing entity:

333-267774-01

Central Index Key Number of issuing entity:

0001986424

**Fifth Third Auto Trust 2023-1**

(Exact name of issuing entity as specified in its charter)

Commission File Number of depositor:

333-267774

Central Index Key Number of depositor:

0001405332

**Fifth Third Holdings Funding, LLC**

(Exact name of depositor as specified in its charter)

Central Index Key Number of sponsor:

0000035528

**Fifth Third Bank, National Association**

(Exact name of sponsor as specified in its charter)

**Nathan Steuber 513-534-7020**

(Name and telephone number, including area code, of the person to contact in connection with this filing)

---

| | |
|:---|:---|
| **Delaware** | **83-6820477** |
| (State or other jurisdiction of incorporation or organization of the issuing entity) | (I.R.S. Employer Identification No.) |
| **c/o Fifth Third Holdings Funding, LLC** |  |
| **6111 North River Road** |  |
| **Rosemont, Illinois** | **60018** |
| (Address of principal executive offices of issuing entity) | (Zip Code) |
| **(847) 354-7341** | **(847) 354-7341** |
| (Telephone number, including area code) | (Telephone number, including area code) |
| **N/A** | **N/A** |
| (Former name, former address, if changed since last report) | (Former name, former address, if changed since last report) |

---

------

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| | | | | |
|:---|:---|:---|:---|:---|
| | **<u>Registered/reporting pursuant to (check one)</u>** | **<u>Registered/reporting pursuant to (check one)</u>** | **<u>Registered/reporting pursuant to (check one)</u>** | |
| <br>**<u>Title of Class</u>** | <br>**<u>Section 12(b)</u>** | <br>**<u>Section 12(g)</u>** | <br>**<u>Section 15(d)</u>** | **Name of exchange**<br>**<u>(If Section 12(b))</u>** |
| Class A-1 Notes |  |  | ☒ | _______________ |
| Class A-2-A Notes |  |  | ☒ | _______________ |
| Class A-2-B Notes |  |  | ☒ | _______________ |
| Class A-3 Notes |  |  | ☒ | _______________ |
| Class A-4 Notes |  |  | ☒ | _______________ |

---

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒&nbsp;&nbsp;&nbsp;&nbsp; No ☐

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**PART I – DISTRIBUTION INFORMATION**

**ITEM 1 – Distribution and Pool Performance Information.**

Distribution and pool performance information with respect to the receivables that comprise the assets of the Fifth Third Auto Trust 2023-1 as of the March 12, 2026 determination date are attached as Exhibit 99.1.

No assets securitized by Fifth Third Bank, National Association were the subject of a demand to repurchase or replace for breach of the representations and warranties during the distribution period February 1, 2026 to February 28, 2026.

Fifth Third Bank, National Association filed its most recent Form ABS 15G on February 6, 2026. The CIK number of Fifth Third Bank, National Association is 0000035528.

**ITEM 1A – Asset-Level Information.**

ABS Asset Data File (filed as Exhibit 102 to the registrant's Form ABS-EE filed on March 26, 2026 under Commission File No. 333-267774-01).

ABS Asset Related Document (filed as Exhibit 103 to the registrant's Form ABS-EE filed on March 26, 2026 under Commission File No. 333-267774-01).

**ITEM 1B – Asset Representations Reviewer and Investor Communication.**

Inapplicable.

&nbsp;&nbsp;&nbsp;&nbsp;3

------

**PART II – OTHER INFORMATION**

**ITEM 2 – Legal Proceedings.**

Wilmington Trust, National Association ("WTNA"), as the owner trustee, has provided the following information:

On February 3, 2026, certain investors served WTNA with a civil complaint, ﬁled in the Supreme Court of the State of New York, County of New York, for an unspeciﬁed amount of damages arising from alleged breaches of contract and duties related to WTNA's roles as custodian and indenture trustee for certain Tricolor Holdings, LLC asset-backed securitization transactions. The plaintiffs generally assert causes of action related to WTNA's purported failure to comply with certain provisions related to waterfall payments, servicing transition costs and post-event of default duties and related to WTNA's purported failure to perform certain actions as custodian with respect to the related receivables. WTNA intends to vigorously defend itself against this legal action. WTNA does not believe that the ultimate resolution of this proceeding, or any other proceedings, would be material to the security holders.

**ITEM 3 – Sales of Securities and Use of Proceeds.**

Nothing to report.

**ITEM 4 – Defaults Upon Senior Securities.**

Nothing to report.

**ITEM 5 – Submission of Matters to a Vote of Security Holders.**

Nothing to report.

**ITEM 6 – Significant Obligors of Pool Assets.**

Nothing to report.

**ITEM 7 – Change in Sponsor Interest in the Securities.**

Nothing to report.

**ITEM 8 – Significant Enhancement Provider Information.**

Inapplicable.

**ITEM 9 – Other Information.**

Nothing to report.

**ITEM 10 – Exhibits.**

(a)The following is a list of documents filed as part of this Report on Form 10-D:

Exhibit 99.1&nbsp;&nbsp;&nbsp;&nbsp;<u>[Monthly Distribution and Pool Performance Report](ftat2023-1form10xdxex991xm.htm)</u>

Exhibit 102&nbsp;&nbsp;&nbsp;&nbsp;<u>[ABS Asset Data File](https://www.sec.gov/Archives/edgar/data/1405332/000119312526125352/ftat231ex102_0317-1336.xml)</u>

Exhibit 103&nbsp;&nbsp;&nbsp;&nbsp;<u>[ABS Asset Related Document (Additional Explanatory Disclosure)](https://www.sec.gov/Archives/edgar/data/1405332/000119312526125352/ftat231ex103_0317-1337.xml)</u>

(b)The exhibits required to be filed by the registrant pursuant to Item 601 of Regulation S-K are listed above.

------

**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.

---

| | |
|:---|:---|
| | **FIFTH THIRD HOLDINGS FUNDING, LLC** |
| | (Depositor) |
| Dated: March 26, 2026 | <u>By: /s/ Nathan Steuber</u> |
|  | Name: Nathan Steuber |
|  | Title: Chief Financial Officer |

---

&nbsp;&nbsp;&nbsp;&nbsp;5

## Exhibit 99.1

**Exhibit 99.1**

**FIFTH THIRD AUTO TRUST 2023-1**

**Statement to Security holders**

**Determination Date: March 12, 2026**

---

| | | | | |
|:---|:---|:---|:---|:---|
| **DATES** | | | | |
| Collection Period Beginning Date | 2/1/2026 |  |  |  |
| Collection Period Ending Date | 2/28/2026 |  |  |  |
| Collection Period | 31 |  |  |  |
| Payment Date | 3/16/2026 |  |  |  |
| SOFR Determination Date | N/A |  |  |  |
| SOFR Rate | N/A |  |  |  |
| **I. DEAL SUMMARY** | Ratio | Beginning Period Balance | Principal Distribution Amount | Ending Period Balance |
| Class A-1 Notes | 0.0% | $0.00 | $0.00 | $0.00 |
| Class A-2-A Notes | 0.0% | $0.00 | $0.00 | $0.00 |
| Class A-2-B Notes | 0.0% | $0.00 | $0.00 | $0.00 |
| Class A-3 Notes | 45.5% | $290025345.31 | $25926339.50 | $264099005.81 |
| Class A-4 Notes | 100.0% | $102960000.00 | $0.00 | $102960000.00 |
| Total Securities | 23.2% | $392985345.31 | $25926339.50 | $367059005.81 |
| Overcollateralization |  | $69719907.84 |  | $69719907.84 |
| Reserve Account Balance |  | $4101171.05 |  | $4101171.05 |
| Net Pool Balance | 26.4% | $488040361.83 | $27600000.36 | $460440361.47 |
| Yield Supplement Overcollateralization Amount |  | $25335108.68 |  | $23661447.82 |
| Adjusted Pool Balance | 26.6% | $462705253.15 | $25926339.50 | $436778913.65 |
|  | Coupon Rate | Beginning Period Balance | Interest Distribution Amount |  |
| Class A-1 Notes | 5.618% | $0.00 | $0.00 |  |
| Class A-2-A Notes | 5.800% | $0.00 | $0.00 |  |
| Class A-2-B Notes | 0.530% | $0.00 | $0.00 |  |
| Class A-3 Notes | 5.530% | $290025345.31 | $1336533.47 |  |
| Class A-4 Notes | 5.520% | $102960000.00 | $473616.00 |  |
|  |  | $392985345.31 | $1810149.47 |  |
| **II. AVAILABLE FUNDS** |  |  |  |  |
| Interest Collections | $2357808.26 |  |  |  |
| Repurchased Interest Collections | $0.00 |  |  |  |
| Principal Collections | $27033614.48 |  |  |  |
| Repurchased Principal Collections | $0.00 |  |  |  |
| Liquidation Proceeds | $344143.99 |  |  |  |
| Liquidation Expenses\* | $22854.58 |  |  |  |
| Total Collections | $29712712.15 |  |  |  |
| Reserve Account Draw Amount | $0.00 |  |  |  |
| Total Available Funds | $29712712.15 |  |  |  |
| Investment Earnings (Collections Acct. remitted to servicer) | $101526.93 |  |  |  |
| Investment Earnings (Reserve Acct. remitted to servicer) | $13453.38 |  |  |  |
| Additional fees to be remitted to servicer | $114980.31 |  |  |  |
| \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). | \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). | \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). | \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). | \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). |
| \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). | \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). | \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). | \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). | \*Liquidation Expenses incurred and associated with the liquidation process do not always occur in the same period of the actual collateral liquidation (i.e. servicer repossession costs can be incurred in periods prior to the eventual sale of a repossessed vehicle). |

---

------

**FIFTH THIRD AUTO TRUST 2023-1**

**Statement to Securityholders**

**Determination Date: March 12, 2026**

---

| | | | |
|:---|:---|:---|:---|
| **III. DISTRIBUTIONS** | Amount Due | Amount Paid | Shortfall |
| Servicing Fees | $406700.30 | $406700.30 | $0.00 |
| Class A-1 Notes | $0.00 | $0.00 | $0.00 |
| Class A-2-A Notes | $0.00 | $0.00 | $0.00 |
| Class A-2-B Notes | $0.00 | $0.00 | $0.00 |
| Class A-3 Notes | $1336533.47 | $1336533.47 | $0.00 |
| Class A-4 Notes | $473616.00 | $473616.00 | $0.00 |
| First Allocation of Principal | $0.00 | $0.00 | $0.00 |
| Reserve Account Deposit | $0.00 | $0.00 | $0.00 |
| Regular Principal Distribution Amount | $25926339.50 | $25926339.50 | $0.00 |
| Accrued and Unpaid Fees to Owner/Indenture Trustee | $0.00 | $0.00 | $0.00 |
| Remaining Funds to Residual Certificateholder | $1569522.88 | $1569522.88 | $0.00 |
|  | $29712712.15 | $29712712.15 | $0.00 |
| First Allocation of Principal |  | $0.00 |  |
| Regular Principal Distribution Amount |  | $25926339.50 |  |
| Total Principal |  | $25926339.50 |  |
| **IV. POOL INFORMATION** |  |  |  |
| Net Pool Balance |  | $460440361.47 |  |
| Adjusted Pool Balance |  | $436778913.65 |  |
| Number of Receivables Outstanding |  | 39186 |  |
| Weighted Average Contract Rate |  | 6.05% |  |
| Weighted Average Remaining Term (mos) |  | 29.19 |  |
| **V. OVERCOLLATERALIZATION INFORMATION** |  |  |  |
| Specified Reserve Account Balance |  | $4101171.05 |  |
| Target Credit Enhancement Overcollateralization Amount |  | $69719907.84 |  |
| Beginning Period Overcollateralization Amount |  | $69719907.84 |  |
| Ending Period Overcollateralization Amount |  | $69719907.84 |  |
| Overcollateralization Shortfall |  | $0.00 |  |
| Overcollateralization as % of Adjusted Pool Balance |  | 15.96% |  |
| **VI. RESERVE ACCOUNT RECONCILIATION** |  |  |  |
| Specified Reserve Account Balance |  | $4101171.05 |  |
| Beginning Reserve Account Balance |  | $4101171.05 |  |
| Ending Reserve Account Balance |  | $4101171.05 |  |

---

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**FIFTH THIRD AUTO TRUST 2023-1**

**Statement to Securityholders**

**Determination Date: March 12, 2026**

---

| | | |
|:---|:---|:---|
| **VII. LOSS & DELINQUENCY INFORMATION** | | |
|  | Amount | # of Receivables |
| Defaulted Receivables | $244813.47 | 20 |
| Realized Losses for Collection Period | $381841.01 | 39 |
| CHG Off Recoveries for Collection Period | $159599.12 | 110 |
| Net Loss for Collection Period | $222241.89 |  |
| Net Loss as % of Ending Pool Balance | 0.048% |  |
| Net Loss % for 1 Period Prior | 0.061% |  |
| Net Loss % for 2 Periods Prior | 0.040% |  |
| Net Loss % for 3 Periods Prior | 0.047% |  |
| Four-Month Average Net Loss % | 0.049% |  |
| Cumulative Losses (net of recoveries) for All Collection Periods | $8902941.58 |  |
| Cumulative Losses (net of recoveries) as a % of Initial Pool Balance | 0.511% |  |
|  | # of Receivables | Amount |
| Receivables 30 - 59 Days Delinquent | 296 | $4811553.15 |
| &nbsp;&nbsp;&nbsp;&nbsp;As % of Ending Pool Balance |  | 1.045% |
| Receivables 60 - 89 Days Delinquent | 73 | $1150441.90 |
| &nbsp;&nbsp;&nbsp;&nbsp;As % of Ending Pool Balance |  | 0.250% |
| Receivables 90 - 119 Days Delinquent | 53 | $895976.12 |
| &nbsp;&nbsp;&nbsp;&nbsp;As % of Ending Pool Balance |  | 0.195% |
| Receivables 120 - 150 Days Delinquent | 11 | $123715.68 |
| &nbsp;&nbsp;&nbsp;&nbsp;As % of Ending Pool Balance |  | 0.027% |
| Receivables 150+ Days Delinquent | 9 | $205422.54 |
| &nbsp;&nbsp;&nbsp;&nbsp;As % of Ending Pool Balance |  | 0.045% |
| Total Delinquencies | 442 | $7187109.39 |
| &nbsp;&nbsp;&nbsp;&nbsp;As % of Ending Pool Balance |  | 1.561% |
| Total Repossessions | 23 | $279719.43 |
| Total Repossessions Life-to-Date | 626 | $11935475.92 |
| Total 30+ Day Delinquencies | 442 | $7187109.39 |
| As % of Ending Pool Balance |  | 1.561% |
| Total 30+ Day Delinquencies % 1 Period Prior |  | 1.592% |
| Total 30+ Day Delinquencies % 2 Periods Prior |  | 1.662% |
| Total 30+ Day Delinquencies % 3 Periods Prior |  | 1.456% |
| Four-Month Average Total 30+ Day Delinquency % |  | 1.568% |
| 60-Day Delinquency Percentage |  | 0.516% |
| Delinquency Trigger Percentage |  | 5.280% |
| Delinquency Trigger occurred in current Collection Period? |  | NO |

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