N-Q 1 teberg_nq.htm QUARTERLY NOTICE OF PORTFOLIO HOLDINGS teberg_nq.htm
As filed with the Securities and Exchange Commission on February 29, 2008



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549


 
FORM N-Q
 
 
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS 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)



Jeanine M. Bajczyk
Advisors Series Trust
615 East Michigan St.
Milwaukee, WI 53202

(Name and address of agent for service)


(414) 765-6609
Registrant's telephone number, including area code



Date of fiscal year end: March 31, 2008



Date of reporting period:  December 31, 2007
 
Item 1. Schedules of Investments.
The Teberg Fund
    
Schedule of Investments
    
at December 31, 2007 (Unaudited)
    
         
Shares
      
Value
   
EQUITY FUNDS - 26.03%
    
5,904
  
AIM Developing Markets Fund - Class A
$
198,195
11,048
  
AIM Leisure Fund - Class A
  
479,927
1,549
  
American EuroPacific Growth Fund - Class A
  
78,794
10,891
  
American Washington Mutual Investors Fund - Class A
  
366,256
18,443
  
Brandywine Fund*
  
674,647
8,333
  
Calamos Growth Fund - Class A*
  
488,710
1,372
  
CGM Focus Fund
  
72,042
17,063
  
Columbia Acorn Fund - Class A
  
492,605
2,877
  
DWS Latin America Equity Fund
  
204,960
10,235
  
Eaton Vance Worldwide Health Sciences Fund - Class A*
  
105,219
7,591
  
Fidelity Select Brokerage & Investment Management Portfolio
  
510,898
4,677
  
Fidelity Select Energy Portfolio
  
311,815
10,372
  
Fidelity Select Transportation Portfolio
  
474,422
3,305
  
FPA Capital Fund
  
121,323
6,233
  
FPA Perennial Fund
  
212,810
31,489
  
Franklin Mutual Beacon Fund - Class A
  
492,175
4,850
  
Gamco Global Telecommunications Fund - Class AAA
  
128,320
17,261
  
Heartland Value Fund
  
716,344
61,222
  
Ivy Small Cap Growth Fund - Class A*
  
719,976
2,547
  
Jennison Natural Resources Fund - Class A
  
152,787
27,549
  
Keeley Small Cap Value Fund - Class A*
  
751,541
3,125
  
Mairs & Power Growth Fund
  
238,475
4,975
  
Matthews Pacific Tiger Fund
  
138,614
14,946
  
MFS Mid Cap Growth Fund - Class A*
  
153,498
14,495
  
Nicholas Applegate Growth Equity Fund - Class A*
  
188,865
4,059
  
Oppenheimer Developing Markets Fund - Class A
  
197,467
3,370
  
The Parnassus Fund
  
123,539
11,664
  
Seligman Communications & Information Fund - Class A*
  
445,565
6,207
  
Templeton Developing Markets Trust - Class A
  
189,302
4,347
  
Thompson Plumb Growth Fund
  
168,844
3,295
  
Vanguard Energy Fund - Investor Class
  
271,513
   
TOTAL EQUITY FUNDS (Cost $9,807,855)
  
9,869,448
         
         
   
EXCHANGE TRADED FUNDS - 19.31%
    
32,097
  
DIAMONDS Trust, Series I
  
4,254,457
45,801
  
First Trust Amex Biotechnology Index Fund*
  
1,116,171
1,360
  
iShares Dow Jones U.S. Real Estate Index Fund
  
89,352
1,177
  
iShares Dow Jones U.S. Transportation Average Index Fund
  
95,631
1,205
  
iShares MSCI EAFE Index Fund
  
94,593
6,454
  
iShares MSCI Emerging Markets Index Fund
  
970,036
13,699
  
PowerShares QQQ
  
701,937
   
TOTAL EXCHANGE TRADED FUNDS (Cost $7,216,675)
  
7,322,177
         
         
   
FIXED INCOME FUNDS - 17.14%
    
5,070
  
American Century Target Maturities Trust Series 2010 Fund - Investor Class
498,309
1,969
  
American Century Target Maturities Trust Series 2020 Fund - Investor Class
  
127,568
2,267,704
  
Franklin Income Fund - Class A
  
5,873,354
22
  
PIMCO Total Return Fund - Class A
  
238
   
TOTAL FIXED INCOME FUNDS (Cost $6,828,287)
  
6,499,469
         
         
   
MONEY MARKET FUNDS - 37.50%
    
14,216,382
  
Fidelity Institutional Money Market Portfolio
  
14,216,382
   
TOTAL MONEY MARKET FUNDS (Cost $14,216,382)
  
14,216,382
   
Total Investments  (Cost $38,069,199) - 99.98%
  
37,907,476
   
Other Assets in Excess of Liabilities - 0.02%
  
6,192
   
NET ASSETS - 100.00%
$
37,913,668
         
         
* Non-income producing security.
    
 
 
The cost basis of investments for federal income tax purposes at December 31, 2007 was as follows**:

Cost of investments
$
38,078,063
     
Gross unrealized appreciation
$
968,028
Gross unrealized depreciation
  
(1,138,615)
Net unrealized depreciation
$
(170,587)
     

**Because tax adjustments are calculated annually, the above table reflects the tax adjustments outstanding at the Fund’s previous fiscal year end.  For the previous fiscal year’s federal income tax information, please refer to the Notes to Financial Statements section in the Fund’s most recent annual or semi-annual report.

 
 
Item 2. Controls and Procedures.
 
(a)  
The Registrant’s President/Chief Executive Officer and Treasurer/Chief Financial Officer have concluded that the Registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940 (the “1940 Act”)) are effective as of a date within 90 days of the filing date of the report that includes the disclosure required by this paragraph, based on the evaluation of these controls and procedures required by Rule 30a-3(b) under the 1940 Act and Rules 15d-15(b) under the Securities Exchange Act of 1934, as amended.

(b)  
There were no changes in the Registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act) that occurred during the Registrant's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Registrant's internal control over financial reporting.


 
Item 3. Exhibits.
 
Separate certifications for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the Act (17 CFR 270.30a-2(a)).  Filed herewith.


 
 
 
 
 
 
 
 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and 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, President

Date   2/22/2008                                                               



Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

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

Date   2/22/2008                                                              

By (Signature and Title)*   /s/ Cheryl L. King            
Cheryl L. King, Treasurer

Date   2/22/2008                                                              

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