<SEC-DOCUMENT>0000898531-16-000617-index.html : 20160208
<SEC-HEADER>0000898531-16-000617.hdr.sgml : 20160208
<ACCEPTANCE-DATETIME>20160208154209
ACCESSION NUMBER:		0000898531-16-000617
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		20
CONFORMED PERIOD OF REPORT:	20151130
FILED AS OF DATE:		20160208
DATE AS OF CHANGE:		20160208
EFFECTIVENESS DATE:		20160208

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:		161395565

	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>S000030922
<SERIES-NAME>WBI Tactical BA Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000095914
<CLASS-CONTRACT-NAME>No Load Class
<CLASS-CONTRACT-TICKER-SYMBOL>WBADX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000095915
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>WBBAX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000030923
<SERIES-NAME>WBI Tactical DG Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000095916
<CLASS-CONTRACT-NAME>No Load Class
<CLASS-CONTRACT-TICKER-SYMBOL>WBIDX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000095917
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>WBDGX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000041003
<SERIES-NAME>WBI Tactical BP Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000127221
<CLASS-CONTRACT-NAME>No Load Class
<CLASS-CONTRACT-TICKER-SYMBOL>WBPNX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000127222
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>WBBPX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000041004
<SERIES-NAME>WBI Tactical DI Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000127223
<CLASS-CONTRACT-NAME>No Load Class
<CLASS-CONTRACT-TICKER-SYMBOL>WBDNX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000127224
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>WBDIX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>wbif-ncsra.htm
<DESCRIPTION>WBI FUNDS ANNUAL REPORT 11-30-15
<TEXT>
Document 1 - file: wbif-ncsra.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CODE ETH <SEQUENCE>2 <FILENAME>wbif-ex99codeeth.htm <DESCRIPTION>CODE OF ETHICS <TEXT> Document 2 - file: wbif-ex99codeeth.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.CERT <SEQUENCE>3 <FILENAME>wbif-ex99cert302.htm <DESCRIPTION>CERTIFICATION 302 <TEXT> Document 3 - file: wbif-ex99cert302.htm
</DOCUMENT> <DOCUMENT> <TYPE>EX-99.906 CERT <SEQUENCE>4 <FILENAME>wbif-ex99cert906.htm <DESCRIPTION>CERTIFICATION 906 <TEXT> Document 4 - file: wbif-ex99cert906.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>5 <FILENAME>dschreiberjr-signature.jpg <DESCRIPTION>DON SCHREIBER JR. SIGNATURE <TEXT> Document 5 - file: dschreiberjr-signature.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>6 <FILENAME>gestroik-signature.jpg <DESCRIPTION>GARY E. STROIK SIGNATURE <TEXT> Document 6 - file: gestroik-signature.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>7 <FILENAME>wbif-letterchart1.jpg <DESCRIPTION>WBI FUNDS LETTER CHART 1 <TEXT> Document 7 - file: wbif-letterchart1.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>8 <FILENAME>wbif-letterchart2.jpg <DESCRIPTION>WBI FUNDS LETTER CHART 2 <TEXT> Document 8 - file: wbif-letterchart2.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>9 <FILENAME>wbif-letterchart3.jpg <DESCRIPTION>WBI FUNDS LETTER CHART 3 <TEXT> Document 9 - file: wbif-letterchart3.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>10 <FILENAME>wbif-letterchart4.jpg <DESCRIPTION>WBI FUNDS LETTER CHART 4 <TEXT> Document 10 - file: wbif-letterchart4.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>11 <FILENAME>wbif-letterchart5.jpg <DESCRIPTION>WBI FUNDS LETTER CHART 5 <TEXT> Document 11 - file: wbif-letterchart5.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>12 <FILENAME>wbifunds-logo.jpg <DESCRIPTION>WBI FUNDS LOGO <TEXT> Document 12 - file: wbifunds-logo.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>13 <FILENAME>wbitbaf-linechart.jpg <DESCRIPTION>WBI TACTICAL BA FUND LINE CHART <TEXT> Document 13 - file: wbitbaf-linechart.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>14 <FILENAME>wbitbaf-piechart.jpg <DESCRIPTION>WBI TACTICAL BA FUND PIE CHART <TEXT> Document 14 - file: wbitbaf-piechart.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>15 <FILENAME>wbitbpf-linechart.jpg <DESCRIPTION>WBI TACTICAL BP FUND LINE CHART <TEXT> Document 15 - file: wbitbpf-linechart.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>16 <FILENAME>wbitbpf-piechart.jpg <DESCRIPTION>WBI TACTICAL BP FUND PIE CHART <TEXT> Document 16 - file: wbitbpf-piechart.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>17 <FILENAME>wbitdgf-linechart.jpg <DESCRIPTION>WBI TACTICAL DG FUND LINE CHART <TEXT> Document 17 - file: wbitdgf-linechart.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>18 <FILENAME>wbitdgf-piechart.jpg <DESCRIPTION>WBI TACTICAL DG FUND PIE CHART <TEXT> Document 18 - file: wbitdgf-piechart.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>19 <FILENAME>wbitdif-linechart.jpg <DESCRIPTION>WBI TACTICAL DI FUND LINE CHART <TEXT> Document 19 - file: wbitdif-linechart.jpg
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>20 <FILENAME>wbitdif-piechart.jpg <DESCRIPTION>WBI TACTICAL DI FUND PIE CHART <TEXT> Document 20 - file: wbitdif-piechart.jpg
</DOCUMENT> </SEC-DOCUMENT>