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ACCESSION NUMBER:		0000894189-20-004369
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		14
FILED AS OF DATE:		20200604
DATE AS OF CHANGE:		20200604
EFFECTIVENESS DATE:		20200604

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			ADVISORS SERIES TRUST
		CENTRAL INDEX KEY:			0001027596
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1031

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	333-17391
		FILM NUMBER:		20942544

	BUSINESS ADDRESS:	
		STREET 1:		U.S BANCORP FUND SERVICES, LLC
		STREET 2:		615 E MICHIGAN STREET
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
		BUSINESS PHONE:		414-765-5340

	MAIL ADDRESS:	
		STREET 1:		615 E MICHIGAN STREET
		STREET 2:		MK-WI-LC2
		CITY:			MILWAUKEE
		STATE:			WI
		ZIP:			53202
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<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000044707
<SERIES-NAME>Pzena Mid Cap Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000138961
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>PZVMX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000138962
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>PZIMX
</CLASS-CONTRACT>
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<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000044708
<SERIES-NAME>Pzena Emerging Markets Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000138963
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>PZVEX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000138964
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>PZIEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000044709
<SERIES-NAME>Pzena Long/Short Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000138965
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>PZVLX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000138966
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>PZILX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000053713
<SERIES-NAME>Pzena Small Cap Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000168873
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>PZVSX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000168874
<CLASS-CONTRACT-NAME>Institutional Class
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<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000062254
<SERIES-NAME>Pzena International Small Cap Value Fund
<CLASS-CONTRACT>
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<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>PZVIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000201596
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>PZIIX
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