<SEC-DOCUMENT>0000898531-20-000352-index.html : 20200810
<SEC-HEADER>0000898531-20-000352.hdr.sgml : 20200810
<ACCEPTANCE-DATETIME>20200810160824
ACCESSION NUMBER:		0000898531-20-000352
CONFORMED SUBMISSION TYPE:	N-CSRS
PUBLIC DOCUMENT COUNT:		6
CONFORMED PERIOD OF REPORT:	20200531
FILED AS OF DATE:		20200810
DATE AS OF CHANGE:		20200810
EFFECTIVENESS DATE:		20200810

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:		201089425

	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>S000041568
<SERIES-NAME>Semper MBS Total Return Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000129089
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>SEMMX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000129090
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>SEMPX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000164429
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>SEMOX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001027596
<SERIES-ID>S000044807
<SERIES-NAME>Semper Short Duration Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000139162
<CLASS-CONTRACT-NAME>Institutional Class
<CLASS-CONTRACT-TICKER-SYMBOL>SEMIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000139163
<CLASS-CONTRACT-NAME>Investor Class
<CLASS-CONTRACT-TICKER-SYMBOL>SEMRX
</CLASS-CONTRACT>
</SERIES>
</EXISTING-SERIES-AND-CLASSES-CONTRACTS>
</SERIES-AND-CLASSES-CONTRACTS-DATA>
</SEC-HEADER>
<DOCUMENT>
<TYPE>N-CSRS
<SEQUENCE>1
<FILENAME>sf-ncsrs.htm
<DESCRIPTION>SEMPER FUNDS SEMIANNUAL REPORT 5-31-20
<TEXT>
Document 1 - file: sf-ncsrs.htm

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

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

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>4
<FILENAME>semper_funds-logo.jpg
<DESCRIPTION>SEMPER FUNDS LOGO
<TEXT>
Document 4 - file: semper_funds-logo.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>5
<FILENAME>smbstrf-piechart.jpg
<DESCRIPTION>SEMPER MBS TOTAL RETURN FUND PIE CHART
<TEXT>
Document 5 - file: smbstrf-piechart.jpg

</DOCUMENT>
<DOCUMENT>
<TYPE>GRAPHIC
<SEQUENCE>6
<FILENAME>ssdf-piechart.jpg
<DESCRIPTION>SEMPER SHORT DURATION FUND PIE CHART
<TEXT>
Document 6 - file: ssdf-piechart.jpg

</DOCUMENT>
</SEC-DOCUMENT>