NPORT-P false 0000315774 XXXXXXXX S000004559 C000012477 FORUM FUNDS 811-03023 0000315774 549300LXYEU14CHGAO13 THREE CANAL PLAZA, SUITE 600 PORTLAND 04101 207-347-2000 ABSOLUTE STRATEGIES FUND S000004559 VG74A4FXDB0JKRLODL41 2023-03-31 2022-06-30 N 31540906.83 90200.10 31450706.73 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 3984777.46000000 N Structured Adjustable Rate Mor N/A 86363GAF1 14955.49000000 PA USD 8208.50000000 0.026099572484 Long ABS-CBDO CORP US N 2 2047-04-25 Variable 3.38681000 N N N N N N First American Treasury Obligations Fund N/A 31846V328 18306577.19000000 NS USD 18306577.19000000 58.20720452217 Long STIV RF US N 2 N N N Adjustable Rate Mortgage Trust N/A 2254W0MF9 28837.74000000 PA USD 22787.63000000 0.072455064986 Long ABS-CBDO CORP US N 2 2036-03-25 Variable 3.04735500 N N N N N N Citimortgage Alternative Loan N/A 12566VAF9 11012.18000000 PA USD 10052.77000000 0.031963574257 Long ABS-CBDO CORP US N 2 2037-04-25 Fixed 5.75000000 N N N N N N N/A N/A 12199T2S0 1000.00000000 NC USD 25000.00000000 0.079489469710 N/A DE CORP US N 1 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.00000000 410.00000000 USD 2022-07-19 XXXX -35259.15000000 N N N N/A N/A N/A 750.00000000 NC USD 3000.00000000 0.009538736365 N/A DE CORP US N 1 The Options Clearing Corporation 549300CII6SLYGKNHA04 Call Purchased SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.00000000 410.00000000 USD 2022-07-12 XXXX -54661.87000000 N N N N/A N/A 10899VFP4 1000.00000000 NC USD 53500.00000000 0.170107465181 N/A DE CORP US N 2 The Options Clearing Corporation 549300CII6SLYGKNHA04 Put Purchased N/A N/A 100.00000000 31.00000000 USD 2022-07-19 XXXX 12470.85000000 N N N Banc of America Funding Corpor N/A 05950DAD2 7523.62000000 PA USD 7039.63000000 0.022383058226 Long ABS-CBDO CORP US N 2 2036-06-20 Variable 3.47639200 N N N N N N Absolute Core Strategy ETF 5493007XLR78NZO4WD80 90470L568 22263.00000000 NS USD 597374.17000000 1.899398239691 Long EC RF US N 1 N N N IndyMac INDX Mortgage Loan Tru N/A 45661HAE7 29265.12000000 PA USD 21440.89000000 0.068172999049 Long ABS-CBDO CORP US N 2 2036-09-25 Variable 3.10428500 N N N N N N Absolute Convertible Arbitrage 254900X33KL2ACION121 34984T287 106802.50090000 NS USD 1148126.88000000 3.650559874080 Long EC RF US N 1 N N N N/A N/A N/A -45.00000000 NC USD -8526375.00000000 -27.1102810922 N/A DE CORP US N 1 ED&F MAN CAPITAL MARKETS INC. 5493006BWPDUCYG6EQ34 Short S&P 500 E-mini Future SPX 2022-09-16 8766156.50000000 USD 239781.50000000 N N N N/A N/A N/A 500.00000000 NC USD 1500.00000000 0.004769368182 N/A DE CORP US N 1 The Options Clearing Corporation 549300CII6SLYGKNHA04 Put Purchased SPDR S&P 500 ETF Trust SPDR S&P 500 ETF Trust 100.00000000 355.00000000 USD 2022-07-05 XXXX -45514.58000000 N N N Absolute Capital Opportunities 254900V1F0SK0ITURS31 34985A709 689142.76200000 NS USD 6905210.48000000 21.95566077188 Long EC RF US N 1 N N N Banc of America Funding Corpor N/A 05954DAG1 15126.63000000 PA USD 14790.35000000 0.047027083133 Long ABS-CBDO CORP US N 2 2047-07-20 Variable 3.21163600 N N N N N N Citimortgage Alternative Loan N/A 12566TAM9 29925.36000000 PA USD 26426.12000000 0.084023930612 Long ABS-CBDO CORP US N 2 2036-12-25 Fixed 6.00000000 N N N N N N Countrywide Alternative Loan T N/A 12668ALH6 9593.47000000 PA USD 8320.36000000 0.026455240168 Long ABS-CBDO CORP US N 2 2035-11-25 Fixed 5.50000000 N N N N N N JP Morgan Mortgage Trust N/A 46630PAZ8 6880.88000000 PA USD 6192.21000000 0.019688619569 Long ABS-CBDO CORP US N 2 2037-04-25 Variable 3.16043000 N N N N N N Adjustable Rate Mortgage Trust N/A 225470E82 12759.13000000 PA USD 10817.77000000 0.034395952030 Long ABS-CBDO CORP US N 2 2036-03-25 Variable 2.84250300 N N N N N N Countrywide Home Loans N/A 12544BAA1 12999.97000000 PA USD 10859.67000000 0.034529176381 Long ABS-CBDO CORP US N 2 2047-09-25 Variable 3.20741000 N N N N N N 2022-08-25 Forum Funds /s/ Karen Shaw Karen Shaw Treasurer XXXX