UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-PX

ANNUAL REPORT OF PROXY VOTING RECORD OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-07959

Advisors Series Trust

(Exact name of registrant as specified in charter)

615 East Michigan St.

Milwaukee, WI 53202

(Address of principal executive offices) (Zip code)

Eric M. Banhazl

Advisors Series Trust

2020 East Financial Way, Suite 100

Glendora, CA 91741

(Name and address of agent for service)

Registrant's telephone number, including area code: (414) 765-5340

Date of fiscal year end: October 31, 2006

Date of reporting period: June 30, 2006

Item 1. Proxy Voting Records.

Name of Fund:	Edgar Lomax Value Fund
Period:	July 1, 2005 - June 30, 2006
Company Name	Meeting Date	CUSIP	Ticker
Exelon Corp.	7/22/2005	30161N101	EXC
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Issue Shares in Connection with an Acquisition	M
For	For	Elect Director Edward A. Brennan	M
For	For	Elect Director Bruce De Mars	M
For	For	Elect Director Nelson A. Diaz	M
For	For	Elect Director John W. Rowe	M
For	For	Elect Director Ronald Rubin	M
For	For	Increase Authorized Common Stock	M
For	For	Ratify Auditors	M
For	For	Approve Omnibus Stock Plan	M
For	For	Approve Qualified Employee Stock Purchase Plan	M
Against	For	Adjourn Meeting	M

Company Name	Meeting Date	CUSIP	Ticker
American International Group, Inc.	8/11/2005	026874107	AIG
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director M. Aidinoff	M
For	For	Elect Director P. Chia	M
Withhold	For	Elect Director M. Cohen	M
For	For	Elect Director W. Cohen	M
For	For	Elect Director M. Feldstein	M
For	For	Elect Director E. Futter	M
For	For	Elect Director S. Hammerman	M
For	For	Elect Director C. Hills	M
For	For	Elect Director R. Holbrooke	M
For	For	Elect Director D. Kanak	M
For	For	Elect Director G. Miles, Jr	M
For	For	Elect Director M. Offit	M
For	For	Elect Director M. Sullivan	M
For	For	Elect Director E. Tse	M
For	For	Elect Director F. Zarb	M
For	For	Ratify Auditors	M

Company Name	Meeting Date	CUSIP	Ticker
Sara Lee Corp.	10/27/2005	803111103	SLE
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Brenda C. Barnes	M
For	For	Elect Director J.T. Battenberg, III	M
For	For	Elect Director Charles W. Coker	M
For	For	Elect Director James S. Crown	M
For	For	Elect Director Willie D. Davis	M
For	For	Elect Director Laurette T. Koellner	M
Withhold	For	Elect Director Cornelis J.A. Van Lede	M
For	For	Elect Director Sir Ian Prosser	M
For	For	Elect Director Rozanne L. Ridgway	M
For	For	Elect Director Richard L. Thomas	M
For	For	Elect Director Jonathan P. Ward	M
For	For	Ratify Auditors	M
For	For	Approve Qualified Employee Stock Purchase Plan	M
Against	Against	Adopt ILO Based Code of Conduct	S
For	Against	Eliminate or Restrict Severance Agreements (Change-in-Control)	S
For	Against	Submit Shareholder Rights Plan (Poison Pill) to Shareholder Vote	S

Company Name	Meeting Date	CUSIP	Ticker
Campbell Soup Co.	11/18/2005	134429109	CPB
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director John F. Brock	M
For	For	Elect Director Edmund M. Carpenter	M
For	For	Elect Director Paul R. Charron	M
For	For	Elect Director Douglas R. Conant	M
For	For	Elect Director Bennett Dorrance	M
For	For	Elect Director Kent B. Foster	M
For	For	Elect Director Harvey Golub	M
For	For	Elect Director Randall W. Larrimore	M
For	For	Elect Director Philip E. Lippincott	M
For	For	Elect Director Mary Alice D. Malone	M
For	For	Elect Director Sara Mathew	M
For	For	Elect Director David C. Patterson	M
For	For	Elect Director Charles R. Perrin	M
For	For	Elect Director A. Barry Rand	M
For	For	Elect Director George Strawbridge, Jr.	M
For	For	Elect Director Les C. Vinney	M
For	For	Elect Director Charlotte C. Weber	M
For	For	Ratify Auditors	M
For	For	Approve Omnibus Stock Plan	M

Company Name	Meeting Date	CUSIP	Ticker
The Goldman Sachs Group, Inc.	3/31/2006	38141G104	GS
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Lloyd C. Blankfein	M
For	For	Elect Director Lord Browne Ofmadingley	M
For	For	Elect Director John H. Bryan	M
For	For	Elect Director Claes Dahlback	M
For	For	Elect Director Stephen Friedman	M
For	For	Elect Director William W. George	M
For	For	Elect Director James A. Johnson	M
For	For	Elect Director Lois D. Juliber	M
For	For	Elect Director Edward M. Liddy	M
For	For	Elect Director Henry M. Paulson, Jr.	M
For	For	Elect Director Ruth J. Simmons	M
For	For	Amend Restricted Partner Compensation Plan	M
For	For	Ratify Auditors	M

Company Name	Meeting Date	CUSIP	Ticker
Lehman Brothers Holdings Inc.	4/5/2006	524908100	LEH
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Thomas H. Cruikshank	M
For	For	Elect Director Roland A. Hernandez	M
For	For	Elect Director Henry Kaufman	M
For	For	Elect Director John D. Macomber	M
For	For	Ratify Auditors	M
For	For	Increase Authorized Common Stock	M
For	For	Declassify the Board of Directors	M

Company Name	Meeting Date	CUSIP	Ticker
General Electric Co.	4/26/2006	369604103	GE
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director James I. Cash, Jr.	M
For	For	Elect Director Sir William M. Castell	M
For	For	Elect Director Ann M. Fudge	M
Withhold	For	Elect Director Claudio X. Gonzalez	M
For	For	Elect Director Jeffrey R. Immelt	M
For	For	Elect Director Andrea Jung	M
For	For	Elect Director Alan G. Lafley	M
For	For	Elect Director Robert W. Lane	M
For	For	Elect Director Ralph S. Larsen	M
For	For	Elect Director Rochelle B. Lazarus	M
For	For	Elect Director Sam Nunn	M
For	For	Elect Director Roger S. Penske	M
For	For	Elect Director Robert J. Swieringa	M
For	For	Elect Director Douglas A. Warner, III	M
For	For	Elect Director Robert C. Wright	M
For	For	Ratify Auditors	M
For	Against	Restore or Provide for Cumulative Voting	S
Against	Against	Adopt Policy on Overboarded Directors	S
Against	Against	Company-Specific -- One Director from the Ranks of the Retirees	S
Against	Against	Separate Chairman and CEO Positions	S
Against	Against	Require a Majority Vote for the Election of Directors	S
Against	Against	Report on Environmental Policies	S

Company Name	Meeting Date	CUSIP	Ticker
Merck & Co., Inc.	4/25/2006	589331107	MRK
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
Not Voted	For	Elect Director Richard T. Clark	M
Not Voted	For	Elect Director Lawrence A. Bossidy	M
Not Voted	For	Elect Director William G. Bowen, Ph.D.	M
Not Voted	For	Elect Director Johnnetta B. Cole, Ph.D.	M
Not Voted	For	Elect Director William B. Harrison, Jr.	M
Not Voted	For	Elect Director William N. Kelley, M.D.	M
Not Voted	For	Elect Director Rochelle B. Lazarus	M
Not Voted	For	Elect Director Thomas E. Shenk, Ph.D.	M
Not Voted	For	Elect Director Anne M. Tatlock	M
Not Voted	For	Elect Director Samuel O. Thier, M.D.	M
Not Voted	For	Elect Director Wendell P. Weeks	M
Not Voted	For	Elect Director Peter C. Wendell	M
Not Voted	For	Ratify Auditors	M
Not Voted	For	Approve Omnibus Stock Plan	M
Not Voted	For	Approve Non-Employee Director Omnibus Stock Plan	M
Not Voted	Against	Limit Executive Compensation	S
Not Voted	Against	Adopt Simple Majority Vote	S
Not Voted	Against	Adopt Animal Welfare Standards	S

Company Name	Meeting Date	CUSIP	Ticker
International Business Machines Corp.	4/25/2006	459200101	IBM
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
Not Voted	For	Elect Director Cathleen Black	M
Not Voted	For	Elect Director Kenneth I. Chenault	M
Not Voted	For	Elect Director Juergen Dormann	M
Not Voted	For	Elect Director Michael L. Eskew	M
Not Voted	For	Elect Director Shirley Ann Jackson	M
Not Voted	For	Elect Director Minoru Makihara	M
Not Voted	For	Elect Director Lucio A. Noto	M
Not Voted	For	Elect Director James W. Owens	M
Not Voted	For	Elect Director Samuel J. Palmisano	M
Not Voted	For	Elect Director Joan E. Spero	M
Not Voted	For	Elect Director Sidney Taurel	M
Not Voted	For	Elect Director Charles M. Vest	M
Not Voted	For	Elect Director Lorenzo H. Zambrano	M
Not Voted	For	Ratify Auditors	M
Not Voted	Against	Provide for Cumulative Voting	S
Not Voted	Against	Evaluate Age Discrimination in Retirement Plans	S
Not Voted	Against	Time-Based Equity Awards	S
Not Voted	Against	Increase Disclosure of Executive Compensation	S
Not Voted	Against	Report on Outsourcing	S
Not Voted	Against	Implement/ Increase Activity on the China Principles	S
Not Voted	Against	Report on Political Contributions	S
Not Voted	Against	Require a Majority Vote for the Election of Directors	S
Not Voted	Against	Adopt Simple Majority Vote	S

Company Name	Meeting Date	CUSIP	Ticker
United Technologies Corp.	4/12/2006	913017109	UTX
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Louis R. Chenevert	M
For	For	Elect Director George David	M
For	For	Elect Director John V. Faraci	M
For	For	Elect Director Jean-Pierre Garnier	M
For	For	Elect Director Jamie S. Gorelick	M
For	For	Elect Director Charles R. Lee	M
For	For	Elect Director Richard D. McCormick	M
For	For	Elect Director Harold McGraw, III	M
For	For	Elect Director Frank P. Popoff, III	M
For	For	Elect Director H. Patrick Swygert	M
For	For	Elect Director Andre Villeneuve	M
For	For	Elect Director H.A. Wagner	M
For	For	Elect Director Christine Todd Whitman	M
For	For	Ratify Auditors	M
For	For	Increase Authorized Common Stock	M
Against	Against	Establish Term Limits for Directors	S
Against	Against	Report on Foreign Sales of Military Products	S

Company Name	Meeting Date	CUSIP	Ticker
AT&T Inc	4/28/2006	00206R102	T
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director William F. Aldinger, III	M
For	For	Elect Director Gilbert F. Amelio	M
For	For	Elect Director August A. Busch, III	M
For	For	Elect Director Martin K. Eby, Jr.	M
For	For	Elect Director James A. Henderson	M
For	For	Elect Director Charles F. Knight	M
For	For	Elect Director Jon C. Madonna	M
For	For	Elect Director Lynn M. Martin	M
For	For	Elect Director John B. McCoy	M
For	For	Elect Director Mary S. Metz	M
For	For	Elect Director Toni Rembe	M
For	For	Elect Director S. Donley Ritchey	M
For	For	Elect Director Joyce M. Roche	M
For	For	Elect Director Randall L. Stephenson	M
For	For	Elect Director Laura D'Andrea Tyson	M
For	For	Elect Director Patricia P. Upton	M
For	For	Elect Director Edward E. Whitacre, Jr.	M
For	For	Ratify Auditors	M
For	For	Approve Omnibus Stock Plan	M
For	For	Amend Articles/Bylaws/Charter-Non-Routine	M
Against	Against	Report on Political Contributions	S
Against	Against	Separate Chairman and CEO Positions	S
Against	Against	Report on Pay Disparity	S
Against	Against	Non-Employee Director Compensation	S
For	Against	Submit Severance Agreement (Change in Control) to shareholder Vote	S
Against	Against	Adopt Simple Majority Vote Requirement	S

Company Name	Meeting Date	CUSIP	Ticker
Merrill Lynch & Co., Inc.	4/28/2006	590188108	MER
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Alberto Cribiore	M
For	For	Elect Director Aulana L. Peters	M
For	For	Elect Director Charles O. Rossotti	M
For	For	Ratify Auditors	M
For	Against	Restore or Provide for Cumulative Voting	S
Against	Against	Compensation- Director Compensation	S
For	Against	Review Executive Compensation	S

Company Name	Meeting Date	CUSIP	Ticker
The Black & Decker Corp.	4/20/2006	091797100	BDK
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director N.D. Archibald	M
For	For	Elect Director N.R. Augustine	M
For	For	Elect Director B.L. Bowles	M
For	For	Elect Director G.W. Buckley	M
For	For	Elect Director M.A. Burns	M
For	For	Elect Director K.B. Clark	M
For	For	Elect Director M.A. Fernandez	M
For	For	Elect Director B.H. Griswold, Iv	M
For	For	Elect Director A. Luiso	M
For	For	Elect Director R.L. Ryan	M
For	For	Elect Director M.H. Willes	M
For	For	Ratify Auditors	M
For	Against	Performance-Based and/or Time-Based Equity Awards	S

Company Name	Meeting Date	CUSIP	Ticker
Weyerhaeuser Co.	4/20/2006	962166104	WY
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Richard F. Haskayne	M
For	For	Elect Director Donald F. Mazankowski	M
For	For	Elect Director Nicole W. Piasecki	M
For	Against	Require a Majority Vote for the Election of Directors	S
For	Against	Adopt Simple Majority Vote Requirement	S
Against	Against	Performance-Based and/or Time-Based Equity Awards	S
Against	Against	Report on Feasibility of Earning Forest Stewardship Council Certification	S
Against	Against	Separate Chairman and CEO Positions	S
For	For	Ratify Auditors	M

Company Name	Meeting Date	CUSIP	Ticker
Citigroup Inc.	4/18/2006	172967101	C
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director C. Michael Armstrong	M
For	For	Elect Director Alain J.P. Belda	M
For	For	Elect Director George David	M
For	For	Elect Director Kenneth T. Derr	M
For	For	Elect Director John M. Deutch	M
For	For	Elect Director Roberto Hernandez Ramirez	M
For	For	Elect Director Ann Dibble Jordan	M
For	For	Elect Director Klaus Kleinfeld	M
For	For	Elect Director Andrew N. Liveris	M
For	For	Elect Director Dudley C. Mecum	M
For	For	Elect Director Anne M. Mulcahy	M
For	For	Elect Director Richard D. Parsons	M
For	For	Elect Director Charles Prince	M
For	For	Elect Director Dr. Judith Rodin	M
For	For	Elect Director Robert E. Rubin	M
For	For	Elect Director Franklin A. Thomas	M
For	For	Ratify Auditors	M
For	For	Reduce Supermajority Vote Requirement	M
For	For	Reduce Supermajority Vote Requirement	M
For	For	Reduce Supermajority Vote Requirement	M
Against	Against	End Issuance of Options and Prohibit Repricing	S
Against	Against	Report on Political Contributions	S
Against	Against	Report on Charitable Contributions	S
For	Against	Performance-Based Equity Awards	S
Against	Against	Reimbursement of Expenses Incurred by Shareholder(s)	S
Against	Against	Separate Chairman and CEO Positions	S
Against	Against	Clawback of Payments Under Restatement	S

Company Name	Meeting Date	CUSIP	Ticker
Altria Group, Inc.	4/27/2006	02209S103	MO
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Elizabeth E. Bailey	M
For	For	Elect Director Harold Brown	M
For	For	Elect Director Mathis Cabiallavetta	M
For	For	Elect Director Louis C. Camilleri	M
For	For	Elect Director J. Dudley Fishburn	M
For	For	Elect Director Robert E. R. Huntley	M
For	For	Elect Director Thomas W. Jones	M
For	For	Elect Director George Munoz	M
For	For	Elect Director Lucio A. Noto	M
For	For	Elect Director John S. Reed	M
For	For	Elect Director Stephen M. Wolf	M
For	For	Ratify Auditors	M
Against	Against	Separate Chairman and CEO Positions	S
Against	Against	Adopt ILO Standards	S
Against	Against	Inform African Americans of Health Risks Associated with Menthol Cigarettes	S
Against	Against	Establish Fire Safety Standards for Cigarettes	S
Against	Against	Adopt Animal Welfare Policy	S
Against	Against	Support Legislation to Reduce Smoking	S
Against	Against	Provide Information on Second Hand Smoke	S

Company Name	Meeting Date	CUSIP	Ticker
American Electric Power Co.	4/25/2006	025537101	AEP
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
Not Voted	For	Elect Director E.R. Brooks	M
Not Voted	For	Elect Director D.M. Carlton	M
Not Voted	For	Elect Director R.D. Crosby, Jr.	M
Not Voted	For	Elect Director J.P. Desbarres	M
Not Voted	For	Elect Director R.W. Fri	M
Not Voted	For	Elect Director L.A. Goodspeed	M
Not Voted	For	Elect Director W.R. Howell	M
Not Voted	For	Elect Director L.A. Hudson	M
Not Voted	For	Elect Director M.G. Morris	M
Not Voted	For	Elect Director L.L. Nowell III	M
Not Voted	For	Elect Director R.L. Sandor	M
Not Voted	For	Elect Director D.G. Smith	M
Not Voted	For	Elect Director K.D. Sullivan	M
Not Voted	For	Ratify Auditors	M

Company Name	Meeting Date	CUSIP	Ticker
Pfizer Inc.	4/27/2006	717081103	PFE
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Michael S. Brown	M
For	For	Elect Director M. Anthony Burns	M
For	For	Elect Director Robert N. Burt	M
For	For	Elect Director W. Don Cornwell	M
For	For	Elect Director William H. Gray, III	M
For	For	Elect Director Constance J. Horner	M
For	For	Elect Director William R. Howell	M
For	For	Elect Director Stanley O. Ikenberry	M
Withhold	For	Elect Director George A. Lorch	M
For	For	Elect Director Henry A. McKinnell	M
Withhold	For	Elect Director Dana G. Mead	M
For	For	Elect Director Ruth J. Simmons	M
For	For	Elect Director William C. Steere, Jr.	M
For	For	Ratify Auditors	M
For	For	Reduce Supermajority Vote Requirement	M
Against	Against	Establish Term Limits for Directors	S
Against	Against	Social Proposal	S
For	Against	Restore or Provide for Cumulative Voting	S
Against	Against	Separate Chairman and CEO Positions	S
Against	Against	Report on Political Contributions	S
Against	Against	Report on Animal Welfare Policy	S
Against	Against	Reort on Animal-based Testing	S

Company Name	Meeting Date	CUSIP	Ticker
Wells Fargo & Company	4/25/2006	949746101	WFC
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
Not Voted	For	Elect Director Lloyd H. Dean	M
Not Voted	For	Elect Director Susan E. Engel	M
Not Voted	For	Elect Director Enrique Hernandez, Jr.	M
Not Voted	For	Elect Director Robert L. Joss	M
Not Voted	For	Elect Director Richard M. Kovacevich	M
Not Voted	For	Elect Director Richard D. McCormick	M
Not Voted	For	Elect Director Cynthia H. Milligan	M
Not Voted	For	Elect Director Nicholas G. Moore	M
Not Voted	For	Elect Director Philip J. Quigley	M
Not Voted	For	Elect Director Donald B. Rice	M
Not Voted	For	Elect Director Judith M. Runstad	M
Not Voted	For	Elect Director Stephen W. Sanger	M
Not Voted	For	Elect Director Susan G. Swenson	M
Not Voted	For	Elect Director Michael W. Wright	M
Not Voted	For	Ratify Auditors	M
Not Voted	Against	Require a Majority Vote for the Election of Directors	S
Not Voted	Against	Separate Chairman and CEO Positions	S
Not Voted	Against	Compensation- Director Compensation	S
Not Voted	Against	Report on Discrimination in Lending	S

Company Name	Meeting Date	CUSIP	Ticker
Allegheny Technologies, Inc.	5/4/2006	01741R102	ATI
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Diane C. Creel	M
For	For	Elect Director James E. Rohr	M
For	For	Elect Director Louis J. Thomas	M
For	For	Ratify Auditors	M

Company Name	Meeting Date	CUSIP	Ticker
E.I. Du Pont De Nemours & Co.	4/26/2006	263534109	DD
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Alain J.P. Belda	M
For	For	Elect Director Richard H. Brown	M
For	For	Elect Director Curtis J. Crawford	M
For	For	Elect Director John T. Dillon	M
For	For	Elect Director Eleuthere I. du Pont	M
For	For	Elect Director Charles O. Holliday, Jr.	M
For	For	Elect Director Lois D. Juliber	M
For	For	Elect Director Masahisa Naitoh	M
For	For	Elect Director Sean O'Keefe	M
For	For	Elect Director William K. Reilly	M
For	For	Elect Director Charles M. Vest	M
For	For	Ratify Auditors	M
Against	Against	Review Executive Compensation	S
Against	Against	Report on Genetically Modified Organisms	S
For	Against	Performance-Based	S
For	Against	Report on Feasibility of Phasing out PFOA	S
Against	Against	Report on Security of Chemical Facilities	S

Company Name	Meeting Date	CUSIP	Ticker
Verizon Communications	5/4/2006	92343V104	VZ
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director James R. Barker	M
For	For	Elect Director Richard L. Carrion	M
For	For	Elect Director Robert W. Lane	M
For	For	Elect Director Sandra O. Moose	M
Withhold	For	Elect Director Joseph Neubauer	M
For	For	Elect Director Donald T. Nicolaisen	M
For	For	Elect Director Thomas H. O'Brien	M
For	For	Elect Director Clarence Otis, Jr.	M
For	For	Elect Director Hugh B. Price	M
For	For	Elect Director Ivan G. Seidenberg	M
For	For	Elect Director Walter V. Shipley	M
For	For	Elect Director John R. Stafford	M
For	For	Elect Director Robert D. Storey	M
For	For	Ratify Auditors	M
For	Against	Restore or Provide for Cumulative Voting	S
For	Against	Require a Majority Vote for the Election of Directors	S
Against	Against	Require Majority of Independent Directors on Board	S
Against	Against	Company-Specific-Directors on Common Boards	S
Against	Against	Separate Chairman and CEO Positions	S
Against	Against	Performance-Based and/or Time-Based Equity Awards	S
For	Against	Report on Political Contributions	S

Company Name	Meeting Date	CUSIP	Ticker
Bank of America Corp.	4/26/2006	060505104	BAC
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director William Barnet, III	M
For	For	Elect Director Frank P. Bramble, Sr.	M
For	For	Elect Director John T. Collins	M
For	For	Elect Director Gary L. Countryman	M
For	For	Elect Director Tommy R. Franks	M
For	For	Elect Director Paul Fulton	M
For	For	Elect Director Charles K. Gifford	M
For	For	Elect Director W. Steven Jones	M
For	For	Elect Director Kenneth D. Lewis	M
For	For	Elect Director Monica C. Lozano	M
For	For	Elect Director Walter E. Massey	M
For	For	Elect Director Thomas J. May	M
For	For	Elect Director Patricia E. Mitchell	M
For	For	Elect Director Thomas M. Ryan	M
For	For	Elect Director O. Temple Sloan, Jr.	M
For	For	Elect Director Meredith R. Spangler	M
For	For	Elect Director Robert L. Tillman	M
For	For	Elect Director Jackie M. Ward	M
For	For	Ratify Auditors	M
For	For	Amend Omnibus Stock Plan	M
Against	Against	Publish Political Contributions	S
For	Against	Require a Majority Vote for the Election of Directors	S
Against	Against	Provide for an Independent Chairman	S
Against	Against	Exclude Reference to Sexual Orientation from the Company's EEO Statement	S

Company Name	Meeting Date	CUSIP	Ticker
Chevron Corporation	4/26/2006	166764100	CVX
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Samuel H. Armacost	M
For	For	Elect Director Linnet F. Deily	M
For	For	Elect Director Robert E. Denham	M
For	For	Elect Director Robert J. Eaton	M
For	For	Elect Director Sam Ginn	M
For	For	Elect Director Franklyn G. Jenifer	M
For	For	Elect Director Sam Nunn	M
For	For	Elect Director David J. O'Reilly	M
For	For	Elect Director Donald B. Rice	M
For	For	Elect Director Peter J. Robertson	M
For	For	Elect Director Charles R. Shoemate	M
For	For	Elect Director Ronald D. Sugar	M
For	For	Elect Director Carl Ware	M
For	For	Ratify Auditors	M
Against	Against	Company-Specific-Reimbursement of Stockholder Proposal	S
Against	Against	Report on Environmental Impact of Drilling in Sensitive Areas	S
Against	Against	Report on Political Contributions	S
Against	Against	Adopt an Animal Welfare Policy	S
For	Against	Adopt a Human Rights Policy	S
Against	Against	Report on Remediation Expenses in Ecuador	S

Company Name	Meeting Date	CUSIP	Ticker
American Express Co.	4/24/2006	025816109	AXP
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Daniel F. Akerson	M
For	For	Elect Director Charlene Barshefsky	M
For	For	Elect Director Ursula M. Burns	M
For	For	Elect Director Kenneth I. Chenault	M
For	For	Elect Director Peter Chernin	M
For	For	Elect Director Peter R. Dolan	M
For	For	Elect Director Vernon E. Jordan, Jr.	M
For	For	Elect Director Jan Leschly	M
For	For	Elect Director Ricahrd A. McGinn	M
For	For	Elect Director Edward D. Miller	M
For	For	Elect Director Frank P. Popoff	M
For	For	Elect Director Robert D. Walter	M
For	For	Ratify Auditors	M
Against	Against	Limit/Prohibit Executive Stock-Based Awards	S
For	Against	Require a Majority Vote for the Election of Directors	S
Against	Against	Exclude Reference to Sexual Orientation from the Company's EEO Statement	S
Against	Against	Company-Specific -- Reimbursement of Expenses for Certain Shareholder-Nominated Director Candidates	S

Company Name	Meeting Date	CUSIP	Ticker
Bristol-Myers Squibb Co.	5/2/2006	110122108	BMY
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Robert E. Allen	M
For	For	Elect Director Lewis B. Campbell	M
For	For	Elect Director Vance D. Coffman	M
For	For	Elect Director James M. Cornelius	M
For	For	Elect Director Peter R. Dolan	M
For	For	Elect Director Louis J. Freeh	M
For	For	Elect Director Laurie H. Glimcher, M.D.	M
For	For	Elect Director Leif Johansson	M
For	For	Elect Director James D. Robinson, III	M
For	For	Ratify Auditor	M
Against	Against	Increase Disclosure of Executive Compensation	S
For	Against	Provide for Cumulative Voting	S
Against	Against	Claw-back of Payments under Restatements	S
Against	Against	Report on Animal Welfare	S
Against	Against	Establish Term Limits for Directors	S

Company Name	Meeting Date	CUSIP	Ticker
CIGNA Corp.	4/26/2006	125509109	CI
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director H. Edward Hanway	M
For	For	Elect Director Harold A. Wagner	M
For	For	Ratify Auditors	M

Company Name	Meeting Date	CUSIP	Ticker
The Dow Chemical Company	5/11/2006	260543103	DOW
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Jacqueline K. Barton	M
For	For	Elect Director James A. Bell	M
For	For	Elect Director Barbara Hackman Franklin	M
For	For	Elect Director Andrew N. Liveris	M
For	For	Elect Director Geoffery E. Merszei	M
For	For	Elect Director J. Pedro Reinhard	M
For	For	Elect Director Ruth G. Shaw	M
For	For	Elect Director Paul G. Stern	M
For	For	Ratify Auditors	M
Against	Against	Report on Remediation Policies in Bhopal	S
Against	Against	Report on Genetically Modified Organisms	S
Against	Against	Evaluate Potential Links Between Company Products and Asthma	S
Against	Against	Report on Security of Chemical Facilities	S

Company Name	Meeting Date	CUSIP	Ticker
Norfolk Southern Corp.	5/11/2006	655844108	NSC
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Daniel A. Carp	M
For	For	Elect Director Steven F. Leer	M
For	For	Elect Director Charles W. Moorman	M
For	For	Ratify Auditors	M

Company Name	Meeting Date	CUSIP	Ticker
Entergy Corp.	5/12/2006	29364G103	ETR
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Maureen Scannell Bateman	M
For	For	Elect Director W. Frank Blount	M
For	For	Elect Director Simon D. Debree	M
For	For	Elect Director Gary W. Edwards	M
For	For	Elect Director Alexis Herman	M
For	For	Elect Director Donald C. Hintz	M
For	For	Elect Director J. Wayne Leonard	M
For	For	Elect Director Stuart L. Levenick	M
For	For	Elect Director Robert v.d. Luft	M
For	For	Elect Director James R. Nichols	M
For	For	Elect Director William A. Percy, II	M
For	For	Elect Director W. J. Tauzin	M
For	For	Elect Director Steven V. Wilkinson	M
For	For	Reduce Supermajority Vote Requirement	M
For	For	Approve Omnibus Stock Plan	M
For	For	Ratify Auditors	M
For	Against	Require a Majority Vote for the Election of Directors	S

Company Name	Meeting Date	CUSIP	Ticker
General Dynamics Corp.	5/3/2006	369550108	GD
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director N.D. Chabraja	M
For	For	Elect Director J.S. Crown	M
For	For	Elect Director W.P. Fricks	M
For	For	Elect Director C.H. Goodman	M
For	For	Elect Director J.L. Johnson	M
For	For	Elect Director G.A. Joulwan	M
For	For	Elect Director P.G. Kaminski	M
For	For	Elect Director J.M. Keane	M
For	For	Elect Director D.J. Lucas	M
For	For	Elect Director L.L. Lyles	M
For	For	Elect Director C.E. Mundy, Jr.	M
For	For	Elect Director R. Walmsley	M
For	For	Ratify Auditors	M
For	Against	Require a Majority Vote for the Election of Directors	S
For	Against	Disqualification of Directors Who Fail to Receive Majority Vote	S
Against	Against	Separate Chairman and CEO Positions	S
For	Against	Report Political Contributions	S
For	Against	Sustainability Report	S

Company Name	Meeting Date	CUSIP	Ticker
Avon Products, Inc.	5/4/2006	054303102	AVP
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director W. Don Cornwell	M
For	For	Elect Director Edward T. Fogarty	M
For	For	Elect Director Stanley C. Gault	M
For	For	Elect Director Fred Hassan	M
For	For	Elect Director Andrea Jung	M
For	For	Elect Director Maria Elena Lagomasino	M
For	For	Elect Director Ann S. Moore	M
For	For	Elect Director Paul S. Pressler	M
For	For	Elect Director Paula Stern, Ph.D.	M
For	For	Elect Director Lawrence A. Weinbach	M
For	For	Ratify Auditors	M
For	Against	Require a Majority Vote for the Election of Directors	S
Against	Against	Report on Charitable Contributions	S
For	Against	Performance-Based Equity Awards	S
Against	Against	Report on Toxic Chemicals	S

Company Name	Meeting Date	CUSIP	Ticker
JPMorgan Chase & Co.	5/16/2006	46625H100	JPM
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director John H. Biggs	M
For	For	Elect Director Stephen B. Burke	M
For	For	Elect Director James S. Crown	M
For	For	Elect Director James Dimon	M
For	For	Elect Director Ellen V. Futter	M
For	For	Elect Director William H. Gray, III	M
For	For	Elect Director William B. Harrison, Jr.	M
For	For	Elect Director Laban P. Jackson, Jr.	M
For	For	Elect Director John W. Kessler	M
For	For	Elect Director Robert I. Lipp	M
For	For	Elect Director Richard A. Manoogian	M
For	For	Elect Director David C. Novak	M
For	For	Elect Director Lee R. Raymond	M
For	For	Elect Director William C. Weldon	M
For	For	Ratify Auditors	M
Against	Against	Put Repricing of Stock Options to Shareholder Vote	S
For	Against	Performance-Based Equity Awards	S
Against	Against	Separate Chairman and CEO Positions	S
Against	Against	Remove Reference to Sexual Orientation from EEO Statement	S
For	Against	Amend Articles/Bylaws/Charter -- Call Special Meetings	S
Against	Against	Report on Lobbying Activities	S
For	Against	Report on Political Contributions	S
Against	Against	Approve Terms of Existing Poison Pill	S
For	Against	Provide for Cumulative Voting	S
Against	Against	Claw-back of Payments under Restatements	S
Against	Against	Require Director Nominee Qualifications	S

Company Name	Meeting Date	CUSIP	Ticker
The Hartford Financial Services Group, Inc.	5/17/2006	416515104	HIG
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Ramani Ayer	M
For	For	Elect Director Ramon de Oliveira	M
For	For	Elect Director Edward J. Kelly, III	M
For	For	Elect Director Paul G. Kirk, Jr	M
For	For	Elect Director Thomas M. Marra	M
For	For	Elect Director Gail J. McGovern	M
For	For	Elect Director Michael G. Morris	M
For	For	Elect Director Robert W. Selander	M
For	For	Elect Director Charles B. Strauss	M
For	For	Elect Director H. Patrick Swygert	M
For	For	Elect Director David K. Zwiener	M
For	For	Ratify Auditors	M

Company Name	Meeting Date	CUSIP	Ticker
McDonald's Corp.	5/25/2006	580135101	MCD
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Robert A. Eckert	M
For	For	Elect Director Enrique Hernandez, Jr.	M
For	For	Elect Director Jeanne P. Jackson	M
For	For	Elect Director Richard H. Lenny	M
For	For	Elect Director Andrew J. McKenna	M
For	For	Elect Director Sheila A. Penrose	M
For	For	Ratify Auditors	M
For	Against	Submit Severance Agreement (Change in Control) to shareholder Vote	S
Against	Against	Identify Food Products Manufactured or Sold that Contain Genetically Engineered Ingredients	S

Company Name	Meeting Date	CUSIP	Ticker
American International Group, Inc.	5/17/2006	026874107	AIG
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Pei-yuan Chia	M
For	For	Elect Director Marshall A. Cohen	M
For	For	Elect Director Martin S. Feldstein	M
For	For	Elect Director Ellen V. Futter	M
For	For	Elect Director Stephen L. Hammerman	M
For	For	Elect Director Richard C. Holbrooke	M
For	For	Elect Director Fred H. Langhammer	M
For	For	Elect Director George L. Miles, Jr.	M
For	For	Elect Director Morris W. Offit	M
For	For	Elect Director James F. Orr, III	M
For	For	Elect Director Martin J. Sullivan	M
For	For	Elect Director Michael H. Sutton	M
For	For	Elect Director Edmund S.W. Tse	M
For	For	Elect Director Robert B. Willumstad	M
For	For	Elect Director Frank G. Zarb	M
For	For	Ratify Auditors	M
For	For	Approve Executive Incentive Bonus Plan	M

Company Name	Meeting Date	CUSIP	Ticker
Exxon Mobil Corp.	5/31/2006	30231G102	XOM
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Michael J. Boskin	M
For	For	Elect Director William W. George	M
Withhold	For	Elect Director James R. Houghton	M
Withhold	For	Elect Director William R. Howell	M
Withhold	For	Elect Director Reatha Clark King	M
For	For	Elect Director Philip E. Lippincott	M
For	For	Elect Director Henry A. McKinnell, Jr.	M
For	For	Elect Director Marilyn Carlson Nelson	M
For	For	Elect Director Samuel J. Palmisano	M
Withhold	For	Elect Director Walter V. Shipley	M
For	For	Elect Director J. Stephen Simon	M
For	For	Elect Director Rex W. Tillerson	M
For	For	Ratify Auditors	M
For	Against	Provide for Cumulative Voting	S
For	Against	Require a Majority Vote for the Election of Directors	S
Against	Against	Company-Specific-Nominate Independent Director with Industry Experience	S
Against	Against	Require Director Nominee Qualifications	S
Against	Against	Non-Employee Director Compensation	S
Against	Against	Separate Chairman and CEO Positions	S
Against	Against	Review Executive Compensation	S
Against	Against	Link Executive Compensation to Social Issues	S
Against	Against	Report on Political Contributions	S
Against	Against	Report on Charitable Contributions	S
Against	Against	Amend Equal Employment Opportunity Policy to Prohibit Discrimination Based on Sexual Orientation	S
Against	Against	Report on Damage Resulting from Drilling for Oil and gas in Protected Areas	S
Against	Against	Report Accountability for Company's Environmental Impacts due to Operation	S

Company Name	Meeting Date	CUSIP	Ticker
Southern Company	5/24/2006	842587107	SO
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director Juanita Powell Baranco	M
For	For	Elect Director Dorrit J. Bern	M
For	For	Elect Director Francis S. Blake	M
For	For	Elect Director Thomas F. Chapman	M
For	For	Elect Director Donald M. James	M
For	For	Elect Director Zack T. Pate	M
For	For	Elect Director J. Neal Purcell	M
For	For	Elect Director David M. Ratcliffe	M
For	For	Elect Director William G. Smith, Jr.	M
For	For	Elect Director Gerald J. St. Pe	M
For	For	Ratify Auditors	M
For	For	Approve Omnibus Stock Plan	M

Company Name	Meeting Date	CUSIP	Ticker
HCA, Inc.	5/25/2006	404119109	HCA
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director C. Michael Armstrong	M
For	For	Elect Director Magdalena H. Averhoff, M.D.	M
For	For	Elect Director Jack O. Bovender, Jr.	M
For	For	Elect Director Richard M. Bracken	M
For	For	Elect Director Martin Feldstein	M
For	For	Elect Director Thomas F. Frist, Jr., M.D.	M
For	For	Elect Director Frederick W. Gluck	M
For	For	Elect Director Glenda A. Hatchett	M
For	For	Elect Director Charles O. Holliday, Jr.	M
For	For	Elect Director T. Michael Long	M
For	For	Elect Director John H. McArthur	M
For	For	Elect Director Kent C. Nelson	M
For	For	Elect Director Frank S. Royal, M.D.	M
For	For	Elect Director Harold T. Shapiro	M
For	For	Ratify Auditors	M
For	Against	Performance-Based	S
For	Against	Stock Retention/Holding Period	S

Company Name	Meeting Date	CUSIP	Ticker
Caterpillar Inc.	6/14/2006	149123101	CAT
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director David R. Goode	M
For	For	Elect Director James W. Owens	M
For	For	Elect Director Charles D. Powell	M
For	For	Elect Director Joshua I. Smith	M
For	For	Increase Authorized Common Stock	M
Against	For	Approve Omnibus Stock Plan	M
For	For	Approve Executive Incentive Bonus Plan	M
For	For	Ratify Auditors	M
For	Against	Declassify the Board of Directors	S
Against	Against	Separate Chairman and CEO Positions	S
For	Against	Require a Majority Vote for the Election of Directors	S

Company Name	Meeting Date	CUSIP	Ticker
Exelon Corp.	6/27/2006	30161N101	EXC
Vote	MRV	Proposal	Proposed by Issuer or Security Holder
For	For	Elect Director M.W. D'Alessio	M
For	For	Elect Director R.B. Greco	M
For	For	Elect Director J.M. Palms	M
For	For	Elect Director J.W. Rogers	M
For	For	Elect Director R.L. Thomas	M
For	For	Ratify Auditors	M
For	Against	Submit Severance Agreement (Change in Control) to shareholder Vote	S

SIGNATURES

Pursuant to the requirements of the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant) Advisors Series Trust                                                       

By (Signature and Title)* /s/ Douglas G. Hess                                   

Douglas G. Hess,  Treasurer

Principal Executive Officer

Date 7/26/06                                                                                               

* Print the name and title of each signing officer under his or her signature.