<SEC-DOCUMENT>0000898531-16-001018-index.html : 20161011
<SEC-HEADER>0000898531-16-001018.hdr.sgml : 20161011
<ACCEPTANCE-DATETIME>20161011091344
ACCESSION NUMBER:		0000898531-16-001018
CONFORMED SUBMISSION TYPE:	N-CSR
PUBLIC DOCUMENT COUNT:		15
CONFORMED PERIOD OF REPORT:	20160731
FILED AS OF DATE:		20161011
DATE AS OF CHANGE:		20161011
EFFECTIVENESS DATE:		20161011

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:		161929653

	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>S000029818
<SERIES-NAME>O'Shaughnessy All Cap Core Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000091688
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>OFAAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000091689
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>OFACX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000091690
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>OFAIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000029819
<SERIES-NAME>O'Shaughnessy Enhanced Dividend Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000091693
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>OFDIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000029822
<SERIES-NAME>O'Shaughnessy Small/Mid Cap Growth Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000091699
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>OFMIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000052915
<SERIES-NAME>O'Shaughnessy Market Leaders Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000166455
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>OFVIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000052916
<SERIES-NAME>O'Shaughnessy Small Cap Value Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000166456
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>OFSIX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSR
<SEQUENCE>1
<FILENAME>omf-ncsra.htm
<DESCRIPTION>O'SHAUGHNESSY MUTUAL FUNDS ANNUAL REPORT 7-31-16
<TEXT>
Document 1 - file: omf-ncsra.htm

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

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

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

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>oaccf-linechart.jpg
<DESCRIPTION>O'SHAUGHNESSY ALL CAP CORE FUND LINE CHART
<TEXT>
Document 5 - file: oaccf-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>oaccf-piechart.jpg
<DESCRIPTION>O'SHAUGHNESSY ALL CAP CORE FUND PIE CHART
<TEXT>
Document 6 - file: oaccf-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>7
<FILENAME>oedf-linechart.jpg
<DESCRIPTION>O'SHAUGHNESSY ENHANCED DIVIDEND FUND LINE CHART
<TEXT>
Document 7 - file: oedf-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>8
<FILENAME>oedf-piechart.jpg
<DESCRIPTION>O'SHAUGHNESSY ENHANCED DIVIDEND FUND PIE CHART
<TEXT>
Document 8 - file: oedf-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>9
<FILENAME>omlvf-linechart.jpg
<DESCRIPTION>O'SHAUGHNESSY MARKET LEADERS VALUE FUND LINE CHART
<TEXT>
Document 9 - file: omlvf-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>10
<FILENAME>omlvf-piechart.jpg
<DESCRIPTION>O'SHAUGHNESSY MARKET LEADERS VALUE FUND PIE CHART
<TEXT>
Document 10 - file: omlvf-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>11
<FILENAME>oscvf-linechart.jpg
<DESCRIPTION>O'SHAUGHNESSY SMALL CAP VALUE FUND LINE CHART
<TEXT>
Document 11 - file: oscvf-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>12
<FILENAME>oscvf-piechart.jpg
<DESCRIPTION>O'SHAUGHNESSY SMALL CAP VALUE FUND PIE CHART
<TEXT>
Document 12 - file: oscvf-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>13
<FILENAME>oshaughnessy-logo.jpg
<DESCRIPTION>O'SHAUGHNESSY MUTUAL FUNDS LOGO
<TEXT>
Document 13 - file: oshaughnessy-logo.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>14
<FILENAME>osmcgf-linechart.jpg
<DESCRIPTION>O'SHAUGHNESSY SMALL/MID CAP GROWTH FUND LINE CHART
<TEXT>
Document 14 - file: osmcgf-linechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>15
<FILENAME>osmcgf-piechart.jpg
<DESCRIPTION>O'SHAUGHNESSY SMALL/MID CAP GROWTH FUND PIE CHART
<TEXT>
Document 15 - file: osmcgf-piechart.jpg

</DOCUMENT>
</SEC-DOCUMENT>