Form N-CEN ADVISORS SERIES TRUST For: Feb 28
Tweet
Share
E-mailX0404 N-CEN LIVE 0001027596 XXXXXXXX false false false N-1A S000000021 true S000044708 true S000044707 true S000053713 true S000062254 true S000072390 true Advisors Series Trust 811-07959 0001027596 2549003Z0J6URS6I4Y63 615 East Michigan Street 3rd Floor Milwaukee 53202 US-WI US 18336121912 U.S. Bancorp Fund Services LLC 615 East Michigan Street 3rd Floor Milwaukee 53202 18336121912 Fund Administrator Transfer Agent and Fund Accountant records U.S. Bank National Association 1555 North RiverCenter Drive Suite 302 Milwaukee 53212 18336121912 Custody records Quasar Distributors LLC 111 East Kilbourn Avenue Suite 2200 Milwaukee 53202 18662516920 Distributor and underwriter American Trust Investment Advisors LLC 67 Etna Road Suite 360 Lebanon 03766 6034486415 Investment Advisor ATAFX Capital Advisors Inc. 2222 South Utica Place Suite 300 Tulsa 74114 8662050523 Investment Advisor CIAOX Chase Investment Counsel Corporation 350 Old Ivy Way Suite 100 Charlottesville 22903 4342939104 Investment Advisor CHAIX Davidson Investment Advisors Inc. Davidson Building 8 Third Street North Great Falls 59401 4067276111 Investment Advisor DFMIX First Sentier Investors (US) LLC 10 East 53rd Street 21st Floor New York 10022 2124979980 Investment Advisor FLIIX FLIAX Fort Pitt Capital Group LLC 680 Andersen Drive Foster Plaza Ten Pittsburgh 15220 4129211822 Investment Advisor FPCGX Huber Capital Management LLC 2321 Rosecrans Avenue Suite 3245 El Segundo 90245 3102078400 Investment Advisor HULEX HUDEX HUSEX HUMEX Logan Capital Management, Inc. 3843 West Chester Pike Suite 150 Newtown Square 19073 2155691100 Investment Advisor LGNGX O'Shaughnessy Asset Management LLC 6 Suburban Avenue Stamford 06901 2039753333 Investment Advisor OFVIX Pacific Income Advisers, Inc. 1299 Ocean Avenue Suite 210 Santa Monica 90401 3103931424 Investment Advisor PBBBX PMTGX PIASX PHYSX PIAMX Poplar Forest Capital LLC 225 South Lake Avenue Suite 950 Pasadena 91101 6263046000 Investment Advisor IPFPX IPFCX Pzena Investment Management LLC 320 Park Avenue 8th Floor New York 10022 2123551600 Investment Advisor PZIEX PZIMX PZISX PZIIX PZINX Scharf Investments LLC 16450 Los Gatos Boulevard Suite 207 Los Gatos 95032 8314296513 Investment Advisor LOGIX LOGOX WRLDX Semper Capital Management L.P. 52 Vanderbilt Avenue Suite 401 New York 10017 2126129050 Investment Advisor SEMMX SEMIX SEMBX Shenkman Capital Management Inc. 461 Fifth Avenue 22nd Floor New York 10017 2128679090 Investment Advisor SFHIX SCFIX The Edgar Lomax Company 5971 Kingstowne Village Parkway Suite 240 Alexandria 22315 7037190026 Investment Advisor LOMAX VegTech LLC 1842 Purdue Ave Suite 103 Los Angeles 90025 14242378393 Investment Advisor EATV N N N N-1A 35 Y David G Mertens N/A N Joe D Redwine N/A N Raymond B Woolson N/A N Michael L Ceccato N/A 615 E Michigan Street Milwaukee 53202 XXXXXX N N N N N Quasar Distributors LLC 8-52323 000103848 N/A N N Tait Weller and Baker LLP 00445 N/A N N N N N N N American Trust Allegience Fund S000000021 254900R3WRL243ZDLY37 N 1 0 0 N/A N N N N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N American Trust Investment Advisors LLC 801-60454 000114439 254900R3WRL243ZDLY37 N U.S. Bancorp Fund Services LLC 85-11357 N1GZ7BBF3NP8GI976H15 N N N Intercontinental Exchange Inc. 5493000F4ZO33MV32P92 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N N U.S. Bancorp Fund Services LLC N1GZ7BBF3NP8GI976H15 N N N J.P. MORGAN SECURITIES LLC 8-35008 000000079 ZBUT11V806EZRVTWT807 9403.700000000000 9403.700000000000 0.000000000000 N 27738539.472000000000 Uncommitted 1300000.000000000000 N N N N Pzena Emerging Markets Value Fund S000044708 254900LZU78524RJ7D30 N 2 0 0 N/A N N Y N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Pzena Investment Management LLC 801-50838 000106847 6735QA45DYBXWQO11N07 N U.S. Bancorp Fund Services LLC 85-11357 N1GZ7BBF3NP8GI976H15 N N N Intercontinental Exchange Inc. 5493000F4ZO33MV32P92 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Pzena Investment Management LLC 6735QA45DYBXWQO11N07 NY Y N N U.S. Bancorp Fund Services LLC N1GZ7BBF3NP8GI976H15 N N N Pzena Financial Services LLC 8-69390 000169807 N/A 0.000000000000 Sanford C. Bernstein and Co. LLC 8-52942 000104474 549300I7JYZHT7D5CO04 41838.000000000000 Macquarie Capital Inc. 8-47198 000036368 549300670K07JRB5UQ40 31285.000000000000 Goldman Sachs and Co. 8-129 000000361 FOR8UP27PHTHYVLBNG30 17470.000000000000 UBS Financial Services Inc. 8-16267 000008174 ETYRV6ORNFJB5NONI676 16616.000000000000 Merrill Lynch Inc. 8-33359 000016139 549300PMHS66E71I2D34 10885.000000000000 Credit Suisse 8-422 000000816 1V8Y6QCX6YMJ2OELII46 10081.000000000000 HSBC Investments Bank PLC 8-41562 000019585 CYYGQCGNHMHPSMRL3R97 10019.000000000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 9585.000000000000 Mizuho Securities USA LLC 8-37710 000019647 7TK5RJIZDFROZCA6XF66 8219.000000000000 Daiwa Capital Markets America Inc. 8-12242 000026617 M67H5PRC0NQKM73ZAS82 6943.000000000000 206972.000000000000 JPMorgan Chase 8-35008 000000079 ZBUT11V806EZRVTWT807 512968.000000000000 512968.000000000000 N 475036905.000000000000 N N N Pzena Mid Cap Value Fund S000044707 2549003EE5AP49SW9G08 N 2 0 0 N/A N N Y N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Pzena Investment Management LLC 801-50838 000106847 6735QA45DYBXWQO11N07 N U.S. Bancorp Fund Services LLC 85-11357 N1GZ7BBF3NP8GI976H15 N N N Intercontinental Exchange Inc. 5493000F4ZO33MV32P92 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Pzena Investment Management LLC 6735QA45DYBXWQO11N07 NY Y N N U.S. Bancorp Fund Services LLC N1GZ7BBF3NP8GI976H15 N N N Pzena Financial Services LLC 8-69390 000169807 N/A 0.000000000000 Sanford C. Bernstein and Co. LLC 8-52942 000104474 549300I7JYZHT7D5CO04 8208.000000000000 Goldman Sachs and Co. 8-129 000000361 FOR8UP27PHTHYVLBNG30 5813.000000000000 Gordon Haskett Capital Corp 8-33944 000007976 254900VETGB6KO4XX176 5289.000000000000 Cantor Fitzgerald and Co. 8-201 000000134 5493004J7H4GCPG6OB62 2711.000000000000 National Financial Services LLC 8-26740 000013041 549300JRHF1MHHWUAW04 2149.000000000000 Jefferies and Co. Inc. 8-15074 000002347 58PU97L1C0WSRCWADL48 1624.000000000000 Morgan Stanley and Co. Inc. 8-15869 000008209 9R7GPTSO7KV3UQJZQ078 1335.000000000000 Merrill Lynch Inc. 8-33359 000016139 549300PMHS66E71I2D34 1306.000000000000 HSBC Investments Bank PLC 8-41562 000019585 CYYGQCGNHMHPSMRL3R97 1030.000000000000 Credit Suisse 8-422 000000816 1V8Y6QCX6YMJ2OELII46 799.000000000000 33715.000000000000 JPMorgan Chase 8-35008 000000079 ZBUT11V806EZRVTWT807 163608.000000000000 163608.000000000000 N 128299932.000000000000 N N N Pzena Small Cap Value Fund S000053713 2549006B3IRHSO48X667 N 2 0 0 N/A N N Y N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Pzena Investment Management LLC 801-50838 000106847 6735QA45DYBXWQO11N07 N U.S. Bancorp Fund Services LLC 85-11357 N1GZ7BBF3NP8GI976H15 N N N Intercontinental Exchange Inc. 5493000F4ZO33MV32P92 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Pzena Investment Management LLC 6735QA45DYBXWQO11N07 NY Y N N U.S. Bancorp Fund Services LLC N1GZ7BBF3NP8GI976H15 N N N Pzena Financial Services LLC 8-69390 000169807 N/A 0.000000000000 Goldman Sachs and Co. 8-129 000000361 FOR8UP27PHTHYVLBNG30 10871.000000000000 Sanford C. Bernstein and Co. LLC 8-52942 000104474 549300I7JYZHT7D5CO04 7055.000000000000 Cantor Fitzgerald and Co. 8-201 000000134 5493004J7H4GCPG6OB62 5751.000000000000 Merrill Lynch Inc. 8-33359 000016139 549300PMHS66E71I2D34 3166.000000000000 Credit Suisse 8-422 000000816 1V8Y6QCX6YMJ2OELII46 3011.000000000000 Gordon Haskett Capital Corp. 8-33944 000007976 254900VETGB6KO4XX176 2997.000000000000 Wall Street Access 8-25936 000010012 549300Z0MOT47D6OQV22 2359.000000000000 Robert W. Baird and Co. Inc. 8-497 000008158 549300772UJAHRD6LO53 2246.000000000000 Barclays Investments Ltd. 8-41342 000019714 AC28XWWI3WIBK2824319 2143.000000000000 Raymond James Financial Services LLC 8-17983 000052021 RGUZHJ05YTITL6D76949 2621.000000000000 51948.000000000000 0.000000000000 N 97727116.000000000000 N N N Pzena International Small Cap Value Fund S000062254 549300BXMZAGJHSNR496 N 2 0 0 N/A N N Y N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Pzena Investment Management LLC 801-50838 000106847 6735QA45DYBXWQO11N07 N U.S. Bancorp Fund Services LLC 85-11357 N1GZ7BBF3NP8GI976H15 N N N Intercontinental Exchange Inc. 5493000F4ZO33MV32P92 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Pzena Investment Management LLC 6735QA45DYBXWQO11N07 NY Y N N U.S. Bancorp Fund Services LLC N1GZ7BBF3NP8GI976H15 N N N Pzena Financial Services LLC 8-69390 000169807 N/A 0.000000000000 Sanford C. Bernstein and Co. LLC 8-52942 000104474 549300I7JYZHT7D5CO04 4361.000000000000 UBS Financial Services Inc. 8-16267 000008174 ETYRV6ORNFJB5NONI676 1245.000000000000 Berenberg Capital Markets LLC 8-68821 000156757 5493007EG0CYRKKG9L11 618.000000000000 Merrill Lynch Inc. 8-33359 000016139 549300PMHS66E71I2D34 523.000000000000 Hanwha Asset Management Ltd. N/A 000288464 254900R4KZ2KSKRFU921 337.000000000000 Exane Inc. 8-49569 000041784 6SDWK6FV8H98XAGSYS75 336.000000000000 Citigroup Global Markets Inc. 8-8177 000007059 MBNUM2BPBDO7JBLYG310 324.000000000000 Goldman Sachs and Co. 8-129 000000361 FOR8UP27PHTHYVLBNG30 233.000000000000 Barclays Investments Ltd. 8-41342 000019714 AC28XWWI3WIBK2824319 221.000000000000 ING Financial Markets, LLC 8-43978 000877559 KBVRJ5K57JZ3E2AVWX40 257.000000000000 10325.000000000000 0.000000000000 N 11623744.000000000000 N N N Pzena International Value Fund S000072390 549300EBN213J14C4P93 N 2 0 0 N/A N N Y N N/A N/A N/A Rule 12d1-1 (17 CFR 270.12d1-1) Rule 32a-4 (17 CFR 270.32a-4) Y Y Y N Pzena Investment Management LLC 801-50838 000106847 6735QA45DYBXWQO11N07 N U.S. Bancorp Fund Services LLC 85-11357 N1GZ7BBF3NP8GI976H15 N N N Intercontinental Exchange Inc. 5493000F4ZO33MV32P92 N N U.S. Bank National Association 6BYL5QZYBDK8S7L73M02 N N Bank - section 17(f)(1) (15 U.S.C. 80a-17(f)(1)) N Pzena Investment Management LLC 6735QA45DYBXWQO11N07 NY Y N N U.S. Bancorp Fund Services LLC N1GZ7BBF3NP8GI976H15 N N N Pzena Financial Services LLC 8-69390 000169807 N/A 0.000000000000 Sanford C. Bernstein and Co. LLC 8-52942 000104474 549300I7JYZHT7D5CO04 3080.000000000000 Merrill Lynch Inc. 8-33359 000016139 549300PMHS66E71I2D34 1372.000000000000 National Financial Services LLC 8-26740 000013041 549300JRHF1MHHWUAW04 1087.000000000000 Exane Inc. 8-49569 000041784 6SDWK6FV8H98XAGSYS75 825.000000000000 SMBC Nikko Securities America Inc. 8-43852 000028602 6PJDTY319315T5LR2241 778.000000000000 Keybanc Capital Markets Inc. 8-30177 000000566 2EQWV0180Z211YVAD813 442.000000000000 Mizuho Securities USA LLC 8-37710 000019647 7TK5RJIZDFROZCA6XF66 399.000000000000 UBS Financial Services Inc. 8-16267 000008174 ETYRV6ORNFJB5NONI676 378.000000000000 Instinet, LLC 8-23669 000310607 549300MGMN3RKMU8FT57 433.000000000000 BNP Paribas Securities Corp. 8-32682 000753835 RCNB6OTYUAMMP879YW96 290.000000000000 11360.000000000000 0.000000000000 N 11093301.000000000000 N N N true
REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
To the Shareholders and Board of Trustees of
Advisors Series Trust
Milwaukee, Wisconsin 53202
In planning and performing our audits of the financial statements of Pzena Mid Cap Value Fund, Pzena Emerging Markets Value Fund, Pzena Small Cap Value Fund, Pzena International Small Cap Value Fund, Pzena International Value Fund, and American Trust Allegiance Fund (the “Funds”), each a series of Advisors Series Trust for the year ended February 28, 2022, in accordance with the standards of the Public Company Accounting Oversight Board (United States), we considered their internal control over financial reporting, including control activities for safeguarding securities, as a basis for designing our auditing procedures for the purpose of expressing our opinion on the financial statements and to comply with the requirements of Form N-CEN, but not for the purpose of expressing an opinion on the effectiveness of the Funds’ internal control over financial reporting. Accordingly, we express no such opinion.
The management of the Funds is responsible for establishing and maintaining effective internal control over financial reporting. In fulfilling this responsibility, estimates and judgments by management are required to assess the expected benefits and related costs of controls. A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use or disposition of a company’s assets that could have a material effect on the financial statements.
Because of inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.
A deficiency in internal control over financial reporting exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent or detect misstatements on a timely basis. A material weakness is a deficiency, or combination of deficiencies, in internal control over financial reporting, such that there is a reasonable possibility that a material misstatement of the company’s annual or interim financial statements will not be prevented or detected on a timely basis.
Our consideration of the Funds’ internal control over financial reporting was for the limited purpose described in the first paragraph and would not necessarily disclose all deficiencies in internal control that might be material weaknesses under standards established by the Public Company Accounting Oversight Board (United States). However, we noted no deficiencies in the Funds’ internal control over financial reporting and its operation, including controls for safeguarding securities, which we consider to be material weaknesses, as defined above, as of February 28, 2022.
This report is intended solely for the information and use of management, Shareholders and Board of Trustees of Advisors Series Trust and the Securities and Exchange Commission, and is not intended to be and should not be used by anyone other than these specified parties.
/s/ Tait, Weller & Baker LLP
TAIT, WELLER & BAKER LLP
Philadelphia, Pennsylvania
April 29, 2022
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Patelco Credit Union selects the Empower LOS to streamline and bolster home loan and home-equity origination
- Volta Announces Private Placement Financing to Advance Its Falcon West High-Grade Lithium Project in Ontario, Canada
- Nextech3D.ai Expands Offering to Ecommerce Imagery: Unveils Cutting-Edge 3D Model-AI Photo Rendering Services, Transforming 2D Photos into Dynamic Product Visuals
Create E-mail Alert Related Categories
SEC FilingsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
