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            <brokerName>Goldman Sachs and Co.</brokerName>
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            <brokerName>SG Americas Securities, LLC</brokerName>
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          <broker>
            <brokerName>Macquarie Capital Inc.</brokerName>
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          <broker>
            <brokerName>Merrill Lynch Inc.</brokerName>
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          <broker>
            <brokerName>HSBC Securities (USA) Inc.</brokerName>
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          <broker>
            <brokerName>Itau BBA USA Securities, Inc.</brokerName>
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      <managementInvestmentQuestion>
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        <paymentToAgentManagerType>N/A</paymentToAgentManagerType>
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        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
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        <brokerDealers>
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          <broker>
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          <broker>
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      <managementInvestmentQuestion>
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        <brokerDealers>
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            <brokerName>Robert W. Baird &amp; Co. Incorporated</brokerName>
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            <brokerName>National Financial Services LLC</brokerName>
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            <brokerName>Goldman Sachs and Co.</brokerName>
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            <brokerName>KeyBanc Capital Markets Inc.</brokerName>
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            <brokerName>Instinet LLC.</brokerName>
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            <brokerName>BMO Capital Markets LLC</brokerName>
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            <brokerName>R.B.C. Capital Markets LLC</brokerName>
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            <brokerName>Cantor Fitzgerald &amp; Co.</brokerName>
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      <managementInvestmentQuestion>
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        <netIncomeSecuritiesLending>N/A</netIncomeSecuritiesLending>
        <relyOnRuleTypes>
          <relyOnRuleType>Rule 12d1-1 (17 CFR 270.12d1-1)</relyOnRuleType>
          <relyOnRuleType>Rule 32a-4 (17 CFR 270.32a-4)</relyOnRuleType>
          <relyOnRuleType>Rule 18f-4 (17 CFR 270.18f-4)</relyOnRuleType>
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            <brokerCountry>IE</brokerCountry>
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          <broker>
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        <isInterfundLending>N</isInterfundLending>
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        <isSwingPricing>N</isSwingPricing>
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    </managementInvestmentQuestionSeriesInfo>
    <exchangeSeriesInfo/>
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      <isIPAReportInternalControl>true</isIPAReportInternalControl>
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    <signature registrantSignedName="Advisors Series Trust" signedDate="2026-05-14" signature="Kevin J. Hayden" title="Vice President, Treasurer"/>
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</edgarSubmission>
