<SEC-DOCUMENT>0000898531-15-000539-index.html : 20151210
<SEC-HEADER>0000898531-15-000539.hdr.sgml : 20151210
<ACCEPTANCE-DATETIME>20151210153314
ACCESSION NUMBER:		0000898531-15-000539
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		12
CONFORMED PERIOD OF REPORT:	20150930
FILED AS OF DATE:		20151210
DATE AS OF CHANGE:		20151210
EFFECTIVENESS DATE:		20151210

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:		151280804

	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-CSR
<SEQUENCE>1
<FILENAME>pff-ncsra.htm
<DESCRIPTION>POPLAR FOREST FUNDS ANNUAL REPORT 9-30-15
<TEXT>
Document 1 - file: pff-ncsra.htm

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

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

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

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>jdharvey-signature.jpg
<DESCRIPTION>J. DALE HARVEY SIGNATURE
<TEXT>
Document 5 - file: jdharvey-signature.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>pfcf-linechart.jpg
<DESCRIPTION>POPLAR FOREST CORNERSTONE FUND LINE CHART
<TEXT>
Document 6 - file: pfcf-linechart.jpg

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

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>pfof-linechart.jpg
<DESCRIPTION>POPLAR FOREST OUTLIERS FUND LINE CHART
<TEXT>
Document 8 - file: pfof-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>pfof-piechart.jpg
<DESCRIPTION>POPLAR FOREST OUTLIERS FUND PIE CHART
<TEXT>
Document 9 - file: pfof-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>pfpf-letterlinechart.jpg
<DESCRIPTION>POPLAR FOREST PARTNERS FUND LETTER CHART
<TEXT>
Document 10 - file: pfpf-letterlinechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>pfpf-linechart.jpg
<DESCRIPTION>POPLAR FOREST PARTNERS FUND LINE CHART
<TEXT>
Document 11 - file: pfpf-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>pfpf-piechart.jpg
<DESCRIPTION>POPLAR FOREST PARTNERS FUND PIE CHART
<TEXT>
Document 12 - file: pfpf-piechart.jpg

</DOCUMENT>
</SEC-DOCUMENT>