NPORT-P false 0000315774 XXXXXXXX S000004544 C000012453 FORUM FUNDS 811-3023 0000315774 549300LXYEU14CHGAO13 THREE CANAL PLAZA, SUITE 600 PORTLAND 04101 207-347-2000 PAYSON TOTAL RETURN FUND S000004544 254900LUPPT0VOZOOB60 2020-03-31 2020-03-31 N 104745643.98 384051.72 104361592.26 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 0.00000000 255342.91000000 N Aflac Inc 549300N0B7DOGLXWPP39 001055102 44976.00000000 NS USD 1539978.24000000 1.475617807903 Long EC CORP US N 1 N N N Facebook Inc BQ4BKCS1HXDV9HN80Z93 30303M102 18250.00000000 NS USD 3044100.00000000 2.916877688504 Long EC CORP US N 1 N N N Accenture PLC N/A G1151C101 17804.00000000 NS USD 2906681.04000000 2.785201889942 Long EC CORP IE N 1 N N N American Express Co R4PP93JZOLY261QX3811 025816109 24040.00000000 NS USD 2058064.40000000 1.972051552138 Long EC CORP US N 1 N N N Bank of America Corp 9DJT3UXIJIZJI4WXO774 060505104 35000.00000000 NS USD 743050.00000000 0.711995652719 Long EC CORP US N 1 N N N Home Depot Inc/The QEKMOTMBBKA8I816DO57 437076102 12831.00000000 NS USD 2395676.01000000 2.295553333482 Long EC CORP US N 1 N N N L3Harris Technologies Inc 549300UTE50ZMDBG8A20 502431109 6500.00000000 NS USD 1170780.00000000 1.121849499079 Long EC CORP US N 1 N N N Thermo Fisher Scientific Inc HCHV7422L5HDJZCRFL38 883556102 10325.00000000 NS USD 2928170.00000000 2.805792760142 Long EC CORP US N 1 N N N Fidelity National Information 6WQI0GK1PRFVBA061U48 31620M106 19860.00000000 NS USD 2415770.40000000 2.314807917055 Long EC CORP US N 1 N N N Merck & Co Inc 4YV9Y5M8S0BRK1RP0397 58933Y105 24845.00000000 NS USD 1911574.30000000 1.831683724446 Long EC CORP US N 1 N N N AbbVie Inc FR5LCKFTG8054YNNRU85 00287Y109 27500.00000000 NS USD 2095225.00000000 2.007659096250 Long EC CORP US N 1 N N N Visa Inc 549300JZ4OKEHW3DPJ59 92826C839 29100.00000000 NS USD 4688592.00000000 4.492641304589 Long EC CORP US N 1 N N N Broadcom Inc 549300WV6GIDOZJTV909 11135F101 11300.00000000 NS USD 2679230.00000000 2.567256729204 Long EC CORP US N 1 N N N Berkshire Hathaway Inc 5493000C01ZX7D35SD85 084670702 14139.00000000 NS USD 2585033.37000000 2.476996866394 Long EC CORP US N 1 N N N Colfax Corp 635400OP2DYYYMOIYL17 194014106 40000.00000000 NS USD 792000.00000000 0.758899881507 Long EC CORP US N 1 N N N Microsoft Corp INR2EJN1ERAN0W5ZP974 594918104 27260.00000000 NS USD 4299174.60000000 4.119498856714 Long EC CORP US N 1 N N N CDW Corp/DE N/A 12514G108 23075.00000000 NS USD 2152205.25000000 2.062257966166 Long EC CORP US N 1 N N N Intel Corp KNX4USFCNGPY45LOCE31 458140100 88808.00000000 NS USD 4806288.96000000 4.605419346253 Long EC CORP US N 1 N N N General Dynamics Corp 9C1X8XOOTYY2FNYTVH06 369550108 12177.00000000 NS USD 1611138.87000000 1.543804416078 Long EC CORP US N 1 N N N IBM VGRQXHF3J8VDLUA7XE92 459200101 26700.00000000 NS USD 2961831.00000000 2.838046963312 Long EC CORP US N 1 N N N UnitedHealth Group Inc 549300GHBMY8T5GXDE41 91324P102 7476.00000000 NS USD 1864364.88000000 1.786447331461 Long EC CORP US N 1 N N N JPMorgan Chase & Co 8I5DZWZKVSZI1NUHU748 46625H100 22516.00000000 NS USD 2027115.48000000 1.942396082794 Long EC CORP US N 1 N N N Cummins Inc ZUNI8PYC725B6H8JU438 231021106 9600.00000000 NS USD 1299072.00000000 1.244779781400 Long EC CORP US N 1 N N N Honeywell International Inc ISRPG12PN4EIEOEMW547 438516106 7300.00000000 NS USD 976667.00000000 0.935849079004 Long EC CORP US N 1 N N N Parker-Hannifin Corp 5493002CONDB4N2HKI23 701094104 3900.00000000 NS USD 505947.00000000 0.484801917107 Long EC CORP US N 1 N N N Lam Research Corp 549300I4GMO6D34U1T02 512807108 6350.00000000 NS USD 1524000.00000000 1.460307347748 Long EC CORP US N 1 N N N Apple Inc HWUPKR0MPOU8FGXBT394 037833100 19027.00000000 NS USD 4838375.83000000 4.636165207163 Long EC CORP US N 1 N N N Texas Instruments Inc WDJNR2L6D8RWOEB8T652 882508104 15590.00000000 NS USD 1557908.70000000 1.492798898773 Long EC CORP US N 1 N N N Raytheon Co YR6K3WJN0KKLUPZSNL57 755111507 7000.00000000 NS USD 918050.00000000 0.879681863911 Long EC CORP US N 1 N N N Mastercard Inc AR5L2ODV9HN37376R084 57636Q104 18420.00000000 NS USD 4449535.20000000 4.263575424294 Long EC CORP US N 1 N N N Leidos Holdings Inc 549300IUTGTP6EJP8124 525327102 7300.00000000 NS USD 669045.00000000 0.641083549523 Long EC CORP US N 1 N N N Johnson & Johnson 549300G0CFPGEF6X2043 478160104 26780.00000000 NS USD 3511661.40000000 3.364898258021 Long EC CORP US N 1 N N N Amazon.com Inc ZXTILKJKG63JELOEG630 023135106 2615.00000000 NS USD 5098517.80000000 4.885435043284 Long EC CORP US N 1 N N N Danaher Corp S4BKK9OTCEWQ3YHPFM11 235851102 23621.00000000 NS USD 3269382.61000000 3.132745044608 Long EC CORP US N 1 N N N Amgen Inc 62QBXGPJ34PQ72Z12S66 031162100 20457.00000000 NS USD 4147247.61000000 3.973921363395 Long EC CORP US N 1 N N N TJX Cos Inc/The V167QI9I69W364E2DY52 872540109 49546.00000000 NS USD 2368794.26000000 2.269795054581 Long EC CORP US N 1 N N N AMETEK Inc 549300WZDEF9KKE40E98 031100100 22000.00000000 NS USD 1584440.00000000 1.518221374059 Long EC CORP US N 1 N N N United Technologies Corp I07WOS4YJ0N7YRFE7309 913017109 17300.00000000 NS USD 1631909.00000000 1.563706498396 Long EC CORP US N 1 N N N Alphabet Inc 5493006MHB84DD0ZWV18 02079K305 4875.00000000 NS USD 5664506.25000000 5.427769093334 Long EC CORP US N 1 N N N S&P Global Inc N/A 78409V104 11500.00000000 NS USD 2818075.00000000 2.700298969164 Long EC CORP US N 1 N N N Teleflex Inc UUL85LWXB4NGSWWXIQ25 879369106 4500.00000000 NS USD 1317870.00000000 1.262792155103 Long EC CORP US N 1 N N N Cisco Systems Inc 8E6NF1YAL0WT6CWXXV93 17275R102 66853.00000000 NS USD 2627991.43000000 2.518159576803 Long EC CORP US N 1 N N N 2020-05-29 Forum Funds /s/ Karen Shaw Karen Shaw Treasurer