<SEC-DOCUMENT>0000898531-15-000280-index.html : 20150609
<SEC-HEADER>0000898531-15-000280.hdr.sgml : 20150609
<ACCEPTANCE-DATETIME>20150609135805
ACCESSION NUMBER:		0000898531-15-000280
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		8
CONFORMED PERIOD OF REPORT:	20150331
FILED AS OF DATE:		20150609
DATE AS OF CHANGE:		20150609
EFFECTIVENESS DATE:		20150609

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-CSRS
		SEC ACT:		1940 Act
		SEC FILE NUMBER:	811-07959
		FILM NUMBER:		15920531

	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>S000027249
<SERIES-NAME>Poplar Forest Partners Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000082237
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PFPFX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000082238
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>IPFPX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000047728
<SERIES-NAME>Poplar Forest Outliers Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000149953
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PFOFX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000149954
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>IPFOX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000047729
<SERIES-NAME>Poplar Forest Cornerstone Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000149955
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PFCFX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000149956
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>IPFCX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSRS
<SEQUENCE>1
<FILENAME>pff-ncsrs.htm
<DESCRIPTION>POPLAR FOREST FUNDS SEMIANNUAL REPORT 3-3-15
<TEXT>
Document 1 - file: pff-ncsrs.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.CERT
<SEQUENCE>2
<FILENAME>pff-ex99cert302.htm
<DESCRIPTION>CERTIFICATION 302
<TEXT>
Document 2 - file: pff-ex99cert302.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.906 CERT
<SEQUENCE>3
<FILENAME>pff-ex99cert906.htm
<DESCRIPTION>CERTIFICATION 906
<TEXT>
Document 3 - file: pff-ex99cert906.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>jdharvey-signature.jpg
<DESCRIPTION>J. DALE HARVEY SIGNATURE
<TEXT>
Document 4 - file: jdharvey-signature.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>pffletter.jpg
<DESCRIPTION>GROWTH OF $10,000 LINE CHART
<TEXT>
Document 5 - file: pffletter.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>pfpf-piechart.jpg
<DESCRIPTION>POPLAR FOREST PARTNERS FUND PIE CHART
<TEXT>
Document 6 - file: pfpf-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>pfof-piechart.jpg
<DESCRIPTION>POPLAR FOREST OUTLIERS FUND PIE CHART
<TEXT>
Document 7 - file: pfof-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>pfcf-piechart.jpg
<DESCRIPTION>POPLAR FOREST CORNERSTONE FUND PIE CHART
<TEXT>
Document 8 - file: pfcf-piechart.jpg

</DOCUMENT>
</SEC-DOCUMENT>