EXHIBIT 99.1

NISSAN MASTER OWNER

TRUST RECEIVABLES — 2019-A SERIES

Description of Collateral

On the Distribution Date, the Series 2019-A balances were:


Notes				$	1,000,000,000.00
					1,000,000,000.00
Principal Amount of Debt					1,000,000,000.00
Required Overcollateralization				$	177,266,666.67
Required Overcollateralization Increase - MPR < 35%				$	0.00
Required Overcollateralization Increase - MPR < 30%				$	0.00
Required Overcollateralization Increase - MPR < 25%				$	0.00
Incremental Overcollateralization Amount				$	155,192,789.81
Series Nominal Liquidation Amount					999,126,123.15

	Deemed Amount for Series 2019-A			NMOTR Total Pool
Required Participation Amount^1.	$	999,126,123.15		$	1,248,907,653.94
Excess Receivables^1.	($	409,664,955.05	)	($	423,662,018.27	)
Excess Funding Account^1.	$	560,714,285.49			785,000,000.00
Total Collateral^1.		1,150,175,453.59		$	1,610,245,635.67

Collateral as Percent of Notes		115.02	%

NMOTR Trust Pool Activity

During the past Collection Period, the following activity occurred:


	NMOTR Total Pool
Beginning Gross Principal Pool Balance	$	1,778,373,655.47
Total Principal Collections	($	1,322,191,539.65	)
Investment in New Receivables	$	943,850,194.66
Receivables Added for Additional Accounts	$	0.00
Repurchases	($	27,386,332.00	)
Principal Default Amounts	$	0.00
Principal Reallocation	$	0.00
New Series Issued During Collection Period	$	0.00
Less Net CMA Offset	($	546,873,226.79	)
Less Servicing Adjustment	($	527,116.02	)

Ending Balance	$	825,245,635.67

SAP for Next Period		71.43	%

Average Receivable Balance	$	1,026,518,768.60
Monthly Payment Rate		128.80	%

Interest Collections

During the past collection period, the following activity occurred:


	NMOTR Total Pool
Total Interest Collections	$	3,680,022.07
Principal Reallocations		0.00
Recoveries on Receivables Written Off		0.00

Total Available	$	3,680,022.07


Series Allocation Percentage at Month-End	71.43	%
Floating Allocation Percentage at Month-End	94.38	%

Expected Final

Payment Date

Accumulation
Period

Early
Redemption
Period

2/15/2022

8/1/2021


Accumulation Account
Beginning		166,666,666.67
Payout		—
Additions		166,666,666.67

Ending Balance		333,333,333.33

Distributions to Investors
Days		30
LIBOR		0.095500	%
Applicable Margin		0.560000	%

		0.655500	%

	Actual			Per $1000
Interest		546,250.00			0.55
Principal		—			—

					0.55
Total Due Investors		546,250.00
Servicing Fee		1,073,174.81

Excess Cash Flow		861,470.84

Reserve Account
Required Balance	$	18,988,500.00
Amt. to Cover Shortfall		—
Deposit to Reserve		—
Current Balance	$	18,988,500.00
Deficit/(Excess)	$	—

‘Status Trigger’
	Threshold			Actual
Status Percentage		10.2	%		0.00	%
Pass / Fail		PASS

Seller’s Interest and Regulation RR Compliance
	%			Amount ($)
Required Seller’s Interest		5.00	%	$	41,666,666.67
Seller’s Interest*		0.00	%	$	0.00
Seller’s Interest plus Excess Funding Account				$	785,000,000.00
Seller’s Interest plus Excess Funding Account is greater than Required Seller’s Interest?					Yes

*	Calculated using the Pool Balance as of the last day of the related Collection Period.

1.	Under the applicable transaction documents, this amount is calculated and/or applicable with respect to the trust in the aggregate. We are including the deemed amount with respect to Series 2019-A on this report given past practice.

NISSAN MASTER OWNER TRUST RECEIVABLES 10-D