EX-99.D.I 2 invst-adv_agmt.htm AMENDED SCHEDULE A TO THE INVESTMENT ADVISORY AGREEMENT
SCHEDULE A
to the Investment Advisory Agreement

(as amended on March 9, 2016, to add the Pzena Small Cap Value Fund)



Series or Fund of Advisors Series Trust
Annual Fee Rate as a Percentage of Average
Daily Net Assets
Pzena Mid Cap Value Fund
0.80%
Pzena Emerging Markets Value Fund
1.00%
Pzena Long/Short Value Fund
1.50%
Pzena Small Cap Value Fund
0.95%







ADVISORS SERIES TRUST
on behalf of the series listed on Schedule A
PZENA INVESTMENT MANAGEMENT, LLC
   
By:       /s/ Douglas G. Hess
By:       /s/ William L. Lipsey
Name:  Douglas G. Hess
Name:  William L. Lipsey
Title:    President
Title:    President
 
 

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