<SEC-DOCUMENT>0000898531-15-000010-index.html : 20150108
<SEC-HEADER>0000898531-15-000010.hdr.sgml : 20150108
<ACCEPTANCE-DATETIME>20150108112945
ACCESSION NUMBER:		0000898531-15-000010
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		10
CONFORMED PERIOD OF REPORT:	20141031
FILED AS OF DATE:		20150108
DATE AS OF CHANGE:		20150108
EFFECTIVENESS DATE:		20150108

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:		N-CSR
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07959
		FILM NUMBER:		15515389

	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
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000018427
<SERIES-NAME>Huber Capital Equity Income Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000050919
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>HULIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000106239
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>HULEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000018428
<SERIES-NAME>Huber Capital Small Cap Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000050920
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>HUSIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000106240
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>HUSEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000039416
<SERIES-NAME>Huber Capital Diversified Large Cap Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121467
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>HUDIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121468
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>HUDEX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>hcf-ncsra.htm
<DESCRIPTION>HUBER CAPITAL FUNDS ANNUAL REPORT 10-31-14
<TEXT>
Document 1 - file: hcf-ncsra.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CODE ETH
<SEQUENCE>2
<FILENAME>hcf-ex99codeeth.htm
<DESCRIPTION>CODE OF ETHICS
<TEXT>
Document 2 - file: hcf-ex99codeeth.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>3
<FILENAME>hcf-ex99cert302.htm
<DESCRIPTION>CERTIFICATION 302
<TEXT>
Document 3 - file: hcf-ex99cert302.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>4
<FILENAME>hcf-ex99cert906.htm
<DESCRIPTION>CERTIFICATION 906
<TEXT>
Document 4 - file: hcf-ex99cert906.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>hceif-linechart.jpg
<DESCRIPTION>HUBER CAPITAL EQUITY INCOME FUND LINE CHART
<TEXT>
Document 5 - file: hceif-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>hcscvf-linechart.jpg
<DESCRIPTION>HUBER CAPITAL SMALL CAP VALUE FUND LINE CHART
<TEXT>
Document 6 - file: hcscvf-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>hcdlcvf-linechart.jpg
<DESCRIPTION>HUBER CAPITAL DIVERSIFIED LARGE CAP VALUE FUND LINE CHART
<TEXT>
Document 7 - file: hcdlcvf-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>hceif-piechart.jpg
<DESCRIPTION>HUBER CAPITAL EQUITY INCOME FUND PIE CHART
<TEXT>
Document 8 - file: hceif-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>hcscvf-piechart.jpg
<DESCRIPTION>HUBER CAPITAL SMALL CAP VALUE FUND PIE CHART
<TEXT>
Document 9 - file: hcscvf-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>hcdlcvf-piechart.jpg
<DESCRIPTION>HUBER CAPITAL DIVERSIFIED LARGE CAP VALUE FUND PIE CHART
<TEXT>
Document 10 - file: hcdlcvf-piechart.jpg

</DOCUMENT>
</SEC-DOCUMENT>