Advisors Series Trust

c/o U.S. Bank Global Fund Services

615 East Michigan Street

Milwaukee, Wisconsin 53202

VIA EDGAR TRANSMISSION

April 4, 2019

U.S. Securities and Exchange Commission

Division of Investment Management

100 F Street, N.E.

Washington, D.C.  20549

Re: Advisors Series Trust (the “Trust”)

File Nos.:  333-17391 and 811-07959

Semper Short Duration Fund (S000044807)

Semper MBS Total Return Fund (S000041568)

Ladies and Gentlemen:

Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and the regulations thereunder, the Trust on behalf of its series, Semper Short Duration Fund and Semper MBS Total Return Fund (the “Funds”), hereby certifies that the forms of Prospectus and Statement of Additional Information that would have been filed under Rule 497(b) or (c) would not have differed from that contained in the most recent amendment dated March 30, 2019, and filed electronically as Post-Effective Amendment No. 887 to the Trust’s Registration Statement on Form N‑1A on March 27, 2019.

If you have any questions concerning the foregoing, please do not hesitate to contact the undersigned at (414) 765-6872.

Sincerely,

/s/ Emily R. Enslow                 

Emily R. Enslow, Esq.

Secretary

Advisors Series Trust

Enclosure