-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, JLei4lEDmQaqAOeFeLTiWla4X30+3FQBGu7Lj6k1t6AL7R00w4XdVz7kYovHyPju sliK6nb4ngL4e1HQaNYVhg== 0000894189-05-001934.txt : 20050801 0000894189-05-001934.hdr.sgml : 20050801 20050801172654 ACCESSION NUMBER: 0000894189-05-001934 CONFORMED SUBMISSION TYPE: NSAR-A PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050531 FILED AS OF DATE: 20050801 DATE AS OF CHANGE: 20050801 EFFECTIVENESS DATE: 20050801 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADVISORS SERIES TRUST CENTRAL INDEX KEY: 0001027596 IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: NSAR-A SEC ACT: 1940 Act SEC FILE NUMBER: 811-07959 FILM NUMBER: 05989343 BUSINESS ADDRESS: STREET 1: U.S BANCORP FUND SERVICES, LLC STREET 2: 615 E MICHIGAN STREET CITY: MILWAUKEE STATE: WI ZIP: 53202 BUSINESS PHONE: 414-765-5344 MAIL ADDRESS: STREET 1: 615 E MICHIGAN STREET STREET 2: MK-WI-LC2 CITY: MILWAUKEE STATE: WI ZIP: 53202 NSAR-A 1 piahollen_nsara.fil PIA AND HOLLENCREST NSAR-A PAGE 1 000 A000000 05/31/2005 000 C000000 0001027596 000 D000000 N 000 E000000 NF 000 F000000 Y 000 G000000 N 000 H000000 N 000 I000000 6.1 000 J000000 A 001 A000000 ADVISORS SERIES TRUST 001 B000000 811-07959 001 C000000 4147655340 002 A000000 615 E. MICHIGAN ST. 2ND FLOOR 002 B000000 MILWAUKEE 002 C000000 WI 002 D010000 53202 003 000000 N 004 000000 N 005 000000 N 006 000000 N 007 A000000 Y 007 B000000 21 007 C010100 1 007 C010200 2 007 C010300 3 007 C010400 4 007 C010500 5 007 C010600 6 007 C010700 7 007 C010800 8 007 C010900 9 007 C011000 10 007 C011100 11 007 C011200 12 007 C011300 13 007 C011400 14 007 C011500 15 007 C011600 16 007 C011700 17 007 C011800 18 007 C011900 19 007 C012000 20 007 C012100 21 007 C012200 22 007 C012300 23 007 C012400 24 007 C012500 25 007 C012600 26 007 C012700 27 007 C012800 28 007 C012900 29 PAGE 2 007 C013000 30 007 C013100 31 007 C023100 HOLLENCREST EQUITY FUND 007 C033100 Y 007 C013200 32 007 C013300 33 007 C013400 34 007 C013500 35 007 C013600 36 007 C013700 37 007 C013800 38 007 C013900 39 007 C014000 40 007 C014100 41 007 C024100 PIA BBB BOND FUND 007 C034100 N 007 C014200 42 007 C024200 PIA SHORT-TERM GOVERNMENT SECURITIES FUND 007 C034200 N 007 C014300 43 007 C024300 PIA TOTAL RETURN BOND FUND 007 C034300 N 007 C014400 44 007 C024400 PIA EQUITY FUND 007 C034400 Y 007 C014500 45 007 C014600 46 007 C014700 47 007 C014800 48 007 C014900 49 007 C015000 50 007 C015100 51 007 C015200 52 007 C015300 53 007 C015400 54 007 C015500 55 007 C015600 56 007 C015700 57 007 C015800 58 007 C015900 59 007 C016000 60 010 A00AA01 U.S. BANCORP FUND SERVICES, LLC 010 B00AA01 85-11357 010 C01AA01 MILWAUKEE 010 C02AA01 WI 010 C03AA01 53202 012 A00AA01 U.S. BANCORP FUND SERVICES, LLC 012 B00AA01 85-11357 012 C01AA01 MILWAUKEE 012 C02AA01 WI 012 C03AA01 53202 PAGE 3 013 A00AA01 TAIT, WELLER & BAKER 013 B01AA01 PHILADELPHIA 013 B02AA01 PA 013 B03AA01 19103 015 A00AA01 U.S. BANK, N.A. 015 B00AA01 C 015 C01AA01 CINCINNATI 015 C02AA01 OH 015 C03AA01 45202 015 E01AA01 X 018 00AA00 Y 019 A00AA00 Y 019 B00AA00 21 019 C00AA00 ADVSERTRST 020 A000001 BEAR STEARNS 020 C000001 17 020 A000002 CITATION 020 C000002 8 020 A000003 CITIGROUP/SMITH BARNEY 020 C000003 1 020 A000004 SPENCER/HIBERNIA/ANDERSON 020 C000004 1 020 A000005 MERRILL LYNCH/CITATION 020 C000005 1 020 C000006 0 020 C000007 0 020 C000008 0 020 C000009 0 020 C000010 0 021 000000 28 022 A000001 USBANK MONEY CENTER 022 C000001 646620 022 D000001 0 022 A000002 MORGAN STANLEY DEAN WITTER 022 C000002 23941 022 D000002 17170 022 A000003 MERRILL LYNCH/CITATION 022 C000003 29611 022 D000003 340 022 A000004 FIRST BOSTON 022 C000004 21383 022 D000004 4944 022 A000005 DEUTSCHE BANK CAP/ALEX BROWN 022 C000005 18783 022 D000005 206 022 A000006 BARCLAY'S INVESTOR SERVICES, INC. 022 C000006 14908 022 D000006 1115 022 A000007 BANK OF AMERICA/MONTGOMERY SECS 022 C000007 14182 022 D000007 1435 PAGE 4 022 A000008 LEHMAN GOVERNMENT SECURITIES 022 C000008 8894 022 D000008 2764 022 A000009 CITIGROUP 022 C000009 4653 022 D000009 1140 022 A000010 GREENWICH CAPITAL MARKETS 022 C000010 4793 022 D000010 0 023 C000000 805278 023 D000000 37300 026 A000000 N 026 B000000 N 026 C000000 N 026 D000000 Y 026 E000000 N 026 F000000 N 026 G010000 N 026 G020000 N 026 H000000 N 027 000000 Y 029 00AA00 N 030 A00AA00 0 030 B00AA00 0.00 030 C00AA00 0.00 031 A00AA00 0 031 B00AA00 0 032 00AA00 0 033 00AA00 0 034 00AA00 N 035 00AA00 0 036 B00AA00 0 054 A00AA00 Y 054 B00AA00 Y 054 C00AA00 N 054 D00AA00 N 054 E00AA00 N 054 F00AA00 N 054 G00AA00 N 054 H00AA00 Y 054 I00AA00 N 054 J00AA00 Y 054 K00AA00 N 054 L00AA00 N 054 M00AA00 Y 054 N00AA00 N 054 O00AA00 N 077 A000000 Y 077 C000000 Y 078 000000 N 086 A010000 0 PAGE 5 086 A020000 0 086 B010000 0 086 B020000 0 086 C010000 0 086 C020000 0 086 D010000 0 086 D020000 0 086 E010000 0 086 E020000 0 086 F010000 0 086 F020000 0 008 A003101 HOLLENCREST CAPITAL MANAGEMENT 008 B003101 A 008 C003101 801-55904 008 D013101 NEWPORT BEACH 008 D023101 CA 008 D033101 92660 011 A003101 QUASAR DISTRIBUTORS, LLC 011 B003101 8-52323 011 C013101 MILWAUKEE 011 C023101 WI 011 C033101 53202 014 A003101 HOLLENCREST SECURITIES, LLC 014 B003101 8-06753 024 003100 N 025 D003101 0 025 D003102 0 025 D003103 0 025 D003104 0 025 D003105 0 025 D003106 0 025 D003107 0 025 D003108 0 028 A013100 130 028 A023100 1212 028 A033100 0 028 A043100 625 028 B013100 357 028 B023100 0 028 B033100 0 028 B043100 1827 028 C013100 98 028 C023100 0 028 C033100 0 028 C043100 978 028 D013100 0 028 D023100 0 028 D033100 0 028 D043100 14782 028 E013100 0 028 E023100 0 PAGE 6 028 E033100 0 028 E043100 0 028 F013100 0 028 F023100 0 028 F033100 0 028 F043100 0 028 G013100 585 028 G023100 1212 028 G033100 0 028 G043100 18212 028 H003100 0 037 003100 Y 038 003100 0 039 003100 N 040 003100 Y 041 003100 Y 042 A003100 5 042 B003100 0 042 C003100 7 042 D003100 0 042 E003100 0 042 F003100 0 042 G003100 88 042 H003100 0 043 003100 12 044 003100 13 045 003100 Y 046 003100 N 047 003100 Y 048 003100 0.750 048 A013100 0 048 A023100 0.000 048 B013100 0 048 B023100 0.000 048 C013100 0 048 C023100 0.000 048 D013100 0 048 D023100 0.000 048 E013100 0 048 E023100 0.000 048 F013100 0 048 F023100 0.000 048 G013100 0 048 G023100 0.000 048 H013100 0 048 H023100 0.000 048 I013100 0 048 I023100 0.000 048 J013100 0 048 J023100 0.000 048 K013100 0 PAGE 7 048 K023100 0.000 049 003100 N 050 003100 N 051 003100 N 052 003100 N 053 A003100 Y 053 B003100 Y 053 C003100 N 055 A003100 N 055 B003100 N 056 003100 Y 057 003100 N 058 A003100 N 059 003100 Y 060 A003100 N 060 B003100 N 061 003100 25000 062 A003100 N 062 B003100 0.0 062 C003100 0.0 062 D003100 0.0 062 E003100 0.0 062 F003100 0.0 062 G003100 0.0 062 H003100 0.0 062 I003100 0.0 062 J003100 0.0 062 K003100 0.0 062 L003100 0.0 062 M003100 0.0 062 N003100 0.0 062 O003100 0.0 062 P003100 0.0 062 Q003100 0.0 062 R003100 0.0 063 A003100 0 063 B003100 0.0 066 A003100 Y 066 B003100 N 066 C003100 N 066 D003100 Y 066 E003100 N 066 F003100 N 066 G003100 N 067 003100 N 068 A003100 N 068 B003100 N 069 003100 N 070 A013100 Y 070 A023100 N 070 B013100 N PAGE 8 070 B023100 N 070 C013100 N 070 C023100 N 070 D013100 N 070 D023100 N 070 E013100 N 070 E023100 N 070 F013100 N 070 F023100 N 070 G013100 N 070 G023100 N 070 H013100 N 070 H023100 N 070 I013100 N 070 I023100 N 070 J013100 N 070 J023100 N 070 K013100 Y 070 K023100 Y 070 L013100 Y 070 L023100 Y 070 M013100 N 070 M023100 N 070 N013100 Y 070 N023100 N 070 O013100 Y 070 O023100 N 070 P013100 Y 070 P023100 N 070 Q013100 N 070 Q023100 N 070 R013100 N 070 R023100 N 071 A003100 743 071 B003100 14894 071 C003100 12586 071 D003100 6 072 A003100 4 072 B003100 16 072 C003100 27 072 D003100 0 072 E003100 0 072 F003100 38 072 G003100 10 072 H003100 0 072 I003100 8 072 J003100 1 072 K003100 0 072 L003100 -2 072 M003100 -1 072 N003100 7 PAGE 9 072 O003100 0 072 P003100 0 072 Q003100 7 072 R003100 -1 072 S003100 4 072 T003100 25 072 U003100 0 072 V003100 0 072 W003100 6 072 X003100 102 072 Y003100 5 072 Z003100 -56 072AA003100 1784 072BB003100 0 072CC013100 0 072CC023100 1052 072DD013100 0 072DD023100 0 072EE003100 1213 073 A013100 0.0000 073 A023100 0.0000 073 B003100 1.3008 073 C003100 0.0000 074 A003100 0 074 B003100 0 074 C003100 0 074 D003100 0 074 E003100 0 074 F003100 0 074 G003100 0 074 H003100 0 074 I003100 14 074 J003100 0 074 K003100 0 074 L003100 43 074 M003100 0 074 N003100 57 074 O003100 0 074 P003100 7 074 Q003100 0 074 R013100 0 074 R023100 0 074 R033100 0 074 R043100 28 074 S003100 0 074 T003100 22 074 U013100 1 074 U023100 0 074 V013100 16.98 074 V023100 0.00 074 W003100 0.0000 PAGE 10 074 X003100 269 074 Y003100 0 075 A003100 0 075 B003100 15002 076 003100 0.00 008 A004101 PACIFIC INCOME ADVISERS, INC. 008 B004101 A 008 C004101 801-27828 008 D014101 SANTA MONICA 008 D024101 CA 008 D034101 90401 011 A004101 SYNDICATED CAPITAL, INC. 011 B004101 8-44162 011 C014101 SANTA MONICA 011 C024101 CA 011 C034101 90401 014 A004101 SYNDICATED CAPITAL, INC. 014 B004101 8-44162 024 004100 N 025 D004101 0 025 D004102 0 025 D004103 0 025 D004104 0 025 D004105 0 025 D004106 0 025 D004107 0 025 D004108 0 028 A014100 925 028 A024100 36 028 A034100 0 028 A044100 594 028 B014100 877 028 B024100 0 028 B034100 0 028 B044100 548 028 C014100 1242 028 C024100 22 028 C034100 0 028 C044100 539 028 D014100 3053 028 D024100 20 028 D034100 0 028 D044100 1913 028 E014100 1905 028 E024100 43 028 E034100 0 028 E044100 1266 028 F014100 4356 028 F024100 78 028 F034100 0 028 F044100 709 PAGE 11 028 G014100 12358 028 G024100 199 028 G034100 0 028 G044100 5569 028 H004100 0 037 004100 N 038 004100 0 039 004100 N 040 004100 N 041 004100 N 042 A004100 0 042 B004100 0 042 C004100 0 042 D004100 0 042 E004100 0 042 F004100 0 042 G004100 0 042 H004100 0 043 004100 0 044 004100 0 045 004100 Y 046 004100 N 047 004100 N 048 004100 0.000 048 A014100 0 048 A024100 0.000 048 B014100 0 048 B024100 0.000 048 C014100 0 048 C024100 0.000 048 D014100 0 048 D024100 0.000 048 E014100 0 048 E024100 0.000 048 F014100 0 048 F024100 0.000 048 G014100 0 048 G024100 0.000 048 H014100 0 048 H024100 0.000 048 I014100 0 048 I024100 0.000 048 J014100 0 048 J024100 0.000 048 K014100 0 048 K024100 0.000 049 004100 N 050 004100 N 051 004100 N 052 004100 N 053 A004100 Y PAGE 12 053 B004100 Y 053 C004100 N 055 A004100 N 055 B004100 N 056 004100 Y 057 004100 N 058 A004100 N 059 004100 Y 060 A004100 Y 060 B004100 Y 061 004100 1000 062 A004100 Y 062 B004100 0.0 062 C004100 0.0 062 D004100 2.6 062 E004100 0.0 062 F004100 0.0 062 G004100 0.0 062 H004100 0.0 062 I004100 0.0 062 J004100 0.0 062 K004100 0.0 062 L004100 1.2 062 M004100 2.5 062 N004100 0.0 062 O004100 0.0 062 P004100 93.1 062 Q004100 0.0 062 R004100 0.0 063 A004100 0 063 B004100 10.5 064 A004100 N 064 B004100 N 066 A004100 N 067 004100 N 068 A004100 N 068 B004100 N 069 004100 N 070 A014100 Y 070 A024100 Y 070 B014100 Y 070 B024100 N 070 C014100 Y 070 C024100 N 070 D014100 N 070 D024100 N 070 E014100 N 070 E024100 N 070 F014100 N 070 F024100 N 070 G014100 N PAGE 13 070 G024100 N 070 H014100 N 070 H024100 N 070 I014100 N 070 I024100 N 070 J014100 Y 070 J024100 N 070 K014100 Y 070 K024100 Y 070 L014100 Y 070 L024100 N 070 M014100 Y 070 M024100 N 070 N014100 Y 070 N024100 N 070 O014100 Y 070 O024100 N 070 P014100 Y 070 P024100 N 070 Q014100 N 070 Q024100 N 070 R014100 Y 070 R024100 N 071 A004100 24616 071 B004100 18214 071 C004100 49765 071 D004100 37 072 A004100 6 072 B004100 1289 072 C004100 0 072 D004100 0 072 E004100 0 072 F004100 0 072 G004100 8 072 H004100 0 072 I004100 11 072 J004100 7 072 K004100 0 072 L004100 5 072 M004100 3 072 N004100 12 072 O004100 0 072 P004100 0 072 Q004100 16 072 R004100 9 072 S004100 4 072 T004100 0 072 U004100 0 072 V004100 0 072 W004100 3 072 X004100 78 PAGE 14 072 Y004100 78 072 Z004100 1289 072AA004100 88 072BB004100 480 072CC014100 452 072CC024100 0 072DD014100 1287 072DD024100 0 072EE004100 45 073 A014100 0.2470 073 A024100 0.0000 073 B004100 0.0090 073 C004100 0.0000 074 A004100 0 074 B004100 1441 074 C004100 0 074 D004100 53753 074 E004100 0 074 F004100 0 074 G004100 0 074 H004100 0 074 I004100 706 074 J004100 2578 074 K004100 12 074 L004100 860 074 M004100 3 074 N004100 59353 074 O004100 2878 074 P004100 2 074 Q004100 0 074 R014100 0 074 R024100 0 074 R034100 0 074 R044100 239 074 S004100 0 074 T004100 56234 074 U014100 5655 074 U024100 0 074 V014100 9.94 074 V024100 0.00 074 W004100 0.0000 074 X004100 793 074 Y004100 0 075 A004100 0 075 B004100 51399 076 004100 0.00 008 A004201 PACIFIC INCOME ADVISERS, INC. 008 B004201 A 008 C004201 801-27828 008 D014201 SANTA MONICA 008 D024201 CA PAGE 15 008 D034201 90401 011 A004201 SYNDICATED CAPITAL, INC. 011 B004201 8-44162 011 C014201 SANTA MONICA 011 C024201 CA 011 C034201 90401 014 A004201 SYNDICATED CAPITAL, INC. 014 B004201 8-44162 024 004200 N 025 D004201 0 025 D004202 0 025 D004203 0 025 D004204 0 025 D004205 0 025 D004206 0 025 D004207 0 025 D004208 0 028 A014200 1011 028 A024200 92 028 A034200 0 028 A044200 1287 028 B014200 882 028 B024200 0 028 B034200 0 028 B044200 599 028 C014200 1233 028 C024200 87 028 C034200 0 028 C044200 261 028 D014200 325 028 D024200 85 028 D034200 0 028 D044200 661 028 E014200 19 028 E024200 101 028 E034200 0 028 E044200 1073 028 F014200 843 028 F024200 202 028 F034200 0 028 F044200 207 028 G014200 4313 028 G024200 567 028 G034200 0 028 G044200 4088 028 H004200 0 037 004200 N 038 004200 0 039 004200 N 040 004200 Y 041 004200 Y PAGE 16 042 A004200 0 042 B004200 4 042 C004200 0 042 D004200 96 042 E004200 0 042 F004200 0 042 G004200 0 042 H004200 0 043 004200 24 044 004200 0 045 004200 Y 046 004200 N 047 004200 Y 048 004200 0.200 048 A014200 0 048 A024200 0.000 048 B014200 0 048 B024200 0.000 048 C014200 0 048 C024200 0.000 048 D014200 0 048 D024200 0.000 048 E014200 0 048 E024200 0.000 048 F014200 0 048 F024200 0.000 048 G014200 0 048 G024200 0.000 048 H014200 0 048 H024200 0.000 048 I014200 0 048 I024200 0.000 048 J014200 0 048 J024200 0.000 048 K014200 0 048 K024200 0.000 049 004200 N 050 004200 N 051 004200 N 052 004200 N 053 A004200 Y 053 B004200 Y 053 C004200 N 055 A004200 N 055 B004200 N 056 004200 Y 057 004200 N 058 A004200 N 059 004200 Y 060 A004200 Y 060 B004200 Y PAGE 17 061 004200 1000 062 A004200 Y 062 B004200 0.0 062 C004200 18.3 062 D004200 14.1 062 E004200 0.0 062 F004200 0.0 062 G004200 0.0 062 H004200 0.0 062 I004200 0.0 062 J004200 0.0 062 K004200 0.0 062 L004200 0.2 062 M004200 32.3 062 N004200 45.3 062 O004200 0.0 062 P004200 0.0 062 Q004200 0.2 062 R004200 0.0 063 A004200 0 063 B004200 7.1 064 A004200 N 064 B004200 N 066 A004200 N 067 004200 N 068 A004200 N 068 B004200 N 069 004200 N 070 A014200 Y 070 A024200 Y 070 B014200 Y 070 B024200 N 070 C014200 Y 070 C024200 N 070 D014200 N 070 D024200 N 070 E014200 N 070 E024200 N 070 F014200 N 070 F024200 N 070 G014200 N 070 G024200 N 070 H014200 N 070 H024200 N 070 I014200 N 070 I024200 N 070 J014200 N 070 J024200 N 070 K014200 Y 070 K024200 Y 070 L014200 N PAGE 18 070 L024200 N 070 M014200 N 070 M024200 N 070 N014200 Y 070 N024200 N 070 O014200 Y 070 O024200 N 070 P014200 Y 070 P024200 N 070 Q014200 N 070 Q024200 N 070 R014200 Y 070 R024200 N 071 A004200 5245 071 B004200 5105 071 C004200 31757 071 D004200 16 072 A004200 6 072 B004200 663 072 C004200 0 072 D004200 0 072 E004200 0 072 F004200 49 072 G004200 15 072 H004200 0 072 I004200 19 072 J004200 6 072 K004200 0 072 L004200 3 072 M004200 3 072 N004200 12 072 O004200 0 072 P004200 0 072 Q004200 14 072 R004200 10 072 S004200 5 072 T004200 24 072 U004200 0 072 V004200 0 072 W004200 3 072 X004200 163 072 Y004200 78 072 Z004200 578 072AA004200 0 072BB004200 0 072CC014200 0 072CC024200 30 072DD014200 655 072DD024200 0 072EE004200 0 073 A014200 0.1345 PAGE 19 073 A024200 0.0000 073 B004200 0.0000 073 C004200 0.0000 074 A004200 0 074 B004200 6906 074 C004200 8999 074 D004200 38156 074 E004200 0 074 F004200 0 074 G004200 0 074 H004200 0 074 I004200 76 074 J004200 0 074 K004200 4 074 L004200 287 074 M004200 6 074 N004200 54434 074 O004200 5322 074 P004200 2 074 Q004200 0 074 R014200 0 074 R024200 0 074 R034200 0 074 R044200 76 074 S004200 0 074 T004200 49034 074 U014200 4897 074 U024200 0 074 V014200 10.01 074 V024200 0.00 074 W004200 0.0000 074 X004200 247 074 Y004200 0 075 A004200 0 075 B004200 48643 076 004200 0.00 008 A004301 PACIFIC INCOME ADVISERS, INC. 008 B004301 A 008 C004301 801-27828 008 D014301 SANTA MONICA 008 D024301 CA 008 D034301 90401 011 A004301 SYNDICATED CAPITAL, INC. 011 B004301 8-44162 011 C014301 SANTA MONICA 011 C024301 CA 011 C034301 90401 014 A004301 SYNDICATED CAPITAL, INC. 014 B004301 8-44162 024 004300 Y 025 A004301 BANK OF AMERICA PAGE 20 025 C004301 D 025 D004301 152 025 D004302 0 025 D004303 0 025 D004304 0 025 D004305 0 025 D004306 0 025 D004307 0 025 D004308 0 028 A014300 611 028 A024300 23 028 A034300 0 028 A044300 46 028 B014300 774 028 B024300 0 028 B034300 0 028 B044300 20 028 C014300 573 028 C024300 17 028 C034300 0 028 C044300 404 028 D014300 406 028 D024300 14 028 D034300 0 028 D044300 66 028 E014300 282 028 E024300 25 028 E034300 0 028 E044300 567 028 F014300 421 028 F024300 49 028 F034300 0 028 F044300 166 028 G014300 3067 028 G024300 128 028 G034300 0 028 G044300 1269 028 H004300 0 037 004300 N 038 004300 0 039 004300 N 040 004300 Y 041 004300 Y 042 A004300 0 042 B004300 4 042 C004300 0 042 D004300 96 042 E004300 0 042 F004300 0 042 G004300 0 042 H004300 0 PAGE 21 043 004300 8 044 004300 0 045 004300 Y 046 004300 N 047 004300 Y 048 004300 0.300 048 A014300 0 048 A024300 0.000 048 B014300 0 048 B024300 0.000 048 C014300 0 048 C024300 0.000 048 D014300 0 048 D024300 0.000 048 E014300 0 048 E024300 0.000 048 F014300 0 048 F024300 0.000 048 G014300 0 048 G024300 0.000 048 H014300 0 048 H024300 0.000 048 I014300 0 048 I024300 0.000 048 J014300 0 048 J024300 0.000 048 K014300 0 048 K024300 0.000 049 004300 N 050 004300 N 051 004300 N 052 004300 N 053 A004300 Y 053 B004300 Y 053 C004300 N 055 A004300 N 055 B004300 N 056 004300 Y 057 004300 N 058 A004300 N 059 004300 Y 060 A004300 N 060 B004300 N 061 004300 1000 062 A004300 Y 062 B004300 0.0 062 C004300 0.0 062 D004300 6.5 062 E004300 0.0 062 F004300 0.0 062 G004300 0.0 PAGE 22 062 H004300 0.0 062 I004300 0.0 062 J004300 0.0 062 K004300 0.0 062 L004300 1.4 062 M004300 43.6 062 N004300 23.9 062 O004300 0.0 062 P004300 22.3 062 Q004300 0.0 062 R004300 0.0 063 A004300 0 063 B004300 11.2 064 A004300 N 064 B004300 N 066 A004300 N 067 004300 N 068 A004300 N 068 B004300 N 069 004300 N 070 A014300 Y 070 A024300 Y 070 B014300 Y 070 B024300 N 070 C014300 Y 070 C024300 N 070 D014300 N 070 D024300 N 070 E014300 N 070 E024300 N 070 F014300 N 070 F024300 N 070 G014300 N 070 G024300 N 070 H014300 N 070 H024300 N 070 I014300 N 070 I024300 N 070 J014300 Y 070 J024300 N 070 K014300 Y 070 K024300 Y 070 L014300 Y 070 L024300 N 070 M014300 Y 070 M024300 N 070 N014300 Y 070 N024300 N 070 O014300 Y 070 O024300 N 070 P014300 Y PAGE 23 070 P024300 N 070 Q014300 N 070 Q024300 N 070 R014300 Y 070 R024300 N 071 A004300 17959 071 B004300 14470 071 C004300 13167 071 D004300 110 072 A004300 6 072 B004300 317 072 C004300 0 072 D004300 0 072 E004300 0 072 F004300 24 072 G004300 12 072 H004300 0 072 I004300 12 072 J004300 3 072 K004300 0 072 L004300 0 072 M004300 3 072 N004300 12 072 O004300 0 072 P004300 0 072 Q004300 14 072 R004300 10 072 S004300 3 072 T004300 8 072 U004300 0 072 V004300 0 072 W004300 3 072 X004300 104 072 Y004300 65 072 Z004300 278 072AA004300 64 072BB004300 69 072CC014300 139 072CC024300 0 072DD014300 287 072DD024300 0 072EE004300 0 073 A014300 0.3377 073 A024300 0.0000 073 B004300 0.0000 073 C004300 0.0000 074 A004300 0 074 B004300 1060 074 C004300 0 074 D004300 14787 074 E004300 0 PAGE 24 074 F004300 0 074 G004300 0 074 H004300 0 074 I004300 234 074 J004300 0 074 K004300 7 074 L004300 442 074 M004300 6 074 N004300 16536 074 O004300 0 074 P004300 1 074 Q004300 0 074 R014300 0 074 R024300 0 074 R034300 0 074 R044300 80 074 S004300 0 074 T004300 16455 074 U014300 878 074 U024300 0 074 V014300 18.75 074 V024300 0.00 074 W004300 0.0000 074 X004300 207 074 Y004300 0 075 A004300 0 075 B004300 15742 076 004300 0.00 008 A004401 PACIFIC INCOME ADVISERS, INC. 008 B004401 A 008 C004401 801-27828 008 D014401 SANTA MONICA 008 D024401 CA 008 D034401 90401 011 A004401 SYNDICATED CAPITAL, INC. 011 B004401 8-44162 011 C014401 SANTA MONICA 011 C024401 CA 011 C034401 90401 014 A004401 SYNDICATED CAPITAL, INC. 014 B004401 8-44162 024 004400 N 025 D004401 0 025 D004402 0 025 D004403 0 025 D004404 0 025 D004405 0 025 D004406 0 025 D004407 0 025 D004408 0 028 A014400 3 PAGE 25 028 A024400 0 028 A034400 0 028 A044400 704 028 B014400 1 028 B024400 0 028 B034400 0 028 B044400 863 028 C014400 0 028 C024400 0 028 C034400 0 028 C044400 151 028 D014400 0 028 D024400 0 028 D034400 0 028 D044400 0 028 E014400 0 028 E024400 0 028 E034400 0 028 E044400 0 028 F014400 0 028 F024400 0 028 F034400 0 028 F044400 0 028 G014400 4 028 G024400 0 028 G034400 0 028 G044400 1718 028 H004400 0 037 004400 N 038 004400 0 039 004400 N 040 004400 Y 041 004400 Y 042 A004400 0 042 B004400 1 042 C004400 0 042 D004400 99 042 E004400 0 042 F004400 0 042 G004400 0 042 H004400 0 043 004400 3 044 004400 0 045 004400 Y 046 004400 N 047 004400 Y 048 004400 1.000 048 A014400 0 048 A024400 0.000 048 B014400 0 048 B024400 0.000 PAGE 26 048 C014400 0 048 C024400 0.000 048 D014400 0 048 D024400 0.000 048 E014400 0 048 E024400 0.000 048 F014400 0 048 F024400 0.000 048 G014400 0 048 G024400 0.000 048 H014400 0 048 H024400 0.000 048 I014400 0 048 I024400 0.000 048 J014400 0 048 J024400 0.000 048 K014400 0 048 K024400 0.000 049 004400 N 050 004400 N 051 004400 N 052 004400 N 053 A004400 Y 053 B004400 Y 053 C004400 N 055 A004400 N 055 B004400 N 056 004400 Y 057 004400 N 058 A004400 N 059 004400 Y 060 A004400 N 060 B004400 N 061 004400 1000 062 A004400 N 062 B004400 0.0 062 C004400 0.0 062 D004400 0.0 062 E004400 0.0 062 F004400 0.0 062 G004400 0.0 062 H004400 0.0 062 I004400 0.0 062 J004400 0.0 062 K004400 0.0 062 L004400 0.0 062 M004400 0.0 062 N004400 0.0 062 O004400 0.0 062 P004400 0.0 062 Q004400 0.0 PAGE 27 062 R004400 0.0 063 A004400 0 063 B004400 0.0 066 A004400 Y 066 B004400 N 066 C004400 Y 066 D004400 N 066 E004400 N 066 F004400 N 066 G004400 N 067 004400 N 068 A004400 N 068 B004400 N 069 004400 N 070 A014400 Y 070 A024400 Y 070 B014400 Y 070 B024400 N 070 C014400 Y 070 C024400 N 070 D014400 Y 070 D024400 N 070 E014400 N 070 E024400 N 070 F014400 Y 070 F024400 N 070 G014400 N 070 G024400 N 070 H014400 Y 070 H024400 N 070 I014400 N 070 I024400 N 070 J014400 N 070 J024400 N 070 K014400 Y 070 K024400 Y 070 L014400 Y 070 L024400 N 070 M014400 N 070 M024400 N 070 N014400 N 070 N024400 N 070 O014400 Y 070 O024400 N 070 P014400 Y 070 P024400 N 070 Q014400 N 070 Q024400 N 070 R014400 Y 070 R024400 N 071 A004400 0 PAGE 28 071 B004400 3429 071 C004400 2589 071 D004400 0 072 A004400 3 072 B004400 1 072 C004400 2 072 D004400 0 072 E004400 0 072 F004400 6 072 G004400 6 072 H004400 0 072 I004400 4 072 J004400 1 072 K004400 0 072 L004400 0 072 M004400 2 072 N004400 11 072 O004400 0 072 P004400 0 072 Q004400 6 072 R004400 0 072 S004400 2 072 T004400 3 072 U004400 0 072 V004400 0 072 W004400 1 072 X004400 42 072 Y004400 27 072 Z004400 -12 072AA004400 660 072BB004400 401 072CC014400 0 072CC024400 0 072DD014400 0 072DD024400 0 072EE004400 0 073 A014400 0.0000 073 A024400 0.0000 073 B004400 0.0000 073 C004400 0.0000 074 A004400 0 074 B004400 1421 074 C004400 0 074 D004400 0 074 E004400 0 074 F004400 0 074 G004400 0 074 H004400 0 074 I004400 113 074 J004400 328 074 K004400 21 PAGE 29 074 L004400 0 074 M004400 0 074 N004400 1883 074 O004400 0 074 P004400 0 074 Q004400 0 074 R014400 0 074 R024400 0 074 R034400 0 074 R044400 23 074 S004400 0 074 T004400 1860 074 U014400 92 074 U024400 0 074 V014400 20.13 074 V024400 0.00 074 W004400 0.0000 074 X004400 1 074 Y004400 0 075 A004400 0 075 B004400 2463 076 004400 0.00 SIGNATURE TROY ADAMS TITLE FUND ADMINISTRATOR EX-99.77C VOTES 2 votes.htm VOTES Votes

EX-99 #77C



C. Matters Submitted to a Vote of Security Holders


On December 23, 2004, the shareholders of the PIA Short-Term Government Securities Fund and the PIA Total Return Bond Fund approved the reorganization of the Funds from the PIA Mutual Fund, a Massachusetts business trust, into newly formed separate series of the Advisors Series Trust (“AST”) by the following totals:


 
Short-Term
Government Fund
   Total Return
Bond Fund
 
Total shares on record date (10/15/04)
4,736,200
  
1,124644
 
Total shares voted
1,637,620
(34.58%)
591,491
(52.59%)
Total shares voted for
1,635,719
(34.51%)
577,729
(51.37%)
Total shares voted against
1,037
(0.02%)
0
(0.00%)
Total shares voted abstain
864
(0.02%)
13,762
(1.22%)
         
 
The Funds merged into newly formed shell portfolios of AST. These shell portfolios were formed solely to acquire the assets and liabilities of the Funds in a tax-free reorganization. As a tax-free reorganization, any unrealized appreciation or depreciation on the securities on the date of the reorganization was treated as a non-taxable event, thus the cost basis of the securities held reflect their historical cost basis as of the date of transfer. The net assets and net unrealized depreciation of the Short-Term Government Fund at the time of transfer were $48,598,767 and ($100,191), respectively. The net assets and net unrealized appreciation of the Total Return Bond Fund were $14,998,668 and $203,868, respectively.

On December 23, 2004, the shareholders of the PIA BBB Bond Fund approved the reorganization of the Fund from the PIA Mutual Fund, a Massachusetts business trust, into a newly formed series of the Advisors Series Trust (“AST”) by the following totals:


     
Total shares on record date (10/15/04)
4,752,133
  
Total shares voted
3,508,803
(73.84%)
Total shares voted for
3,508,803
(73.84%)
Total shares voted against
0
(0.00%)
Total shares voted abstain
0
(0.00%)
     

The Fund merged into a newly formed shell portfolio of AST. This shell portfolio was formed solely to acquire the assets and liabilities of the Fund in a tax-free reorganization. As a tax-free reorganization, any unrealized appreciation or depreciation on the securities on the date of the reorganization was treated as a non-taxable event, thus the cost basis of the securities held reflect their historical cost basis as of the date of transfer. The net assets and net unrealized appreciation of the Fund at the time of transfer were $50,155,078 and $1,270,931, respectively.




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