0000894189-23-005384.txt : 20230803 0000894189-23-005384.hdr.sgml : 20230803 20230803161551 ACCESSION NUMBER: 0000894189-23-005384 CONFORMED SUBMISSION TYPE: 497 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20230803 DATE AS OF CHANGE: 20230803 EFFECTIVENESS DATE: 20230803 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: 497 SEC ACT: 1933 Act SEC FILE NUMBER: 333-17391 FILM NUMBER: 231140244 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 0001027596 S000044707 Pzena Mid Cap Value Fund C000138961 Investor Class PZVMX C000138962 Institutional Class PZIMX 0001027596 S000044708 Pzena Emerging Markets Value Fund C000138963 Investor Class PZVEX C000138964 Institutional Class PZIEX 0001027596 S000053713 Pzena Small Cap Value Fund C000168873 Investor Class PZVSX C000168874 Institutional Class PZISX 0001027596 S000062254 Pzena International Small Cap Value Fund C000201595 Investor Class PZVIX C000201596 Institutional Class PZIIX 0001027596 S000072390 Pzena International Value Fund C000228587 Institutional PZINX C000228588 Investor PZVNX 497 1 pzena497e8-2023cco.htm 497 Document

PZENA MID CAP VALUE FUND
Investor Class PZVMX
Institutional Class PZIMX
PZENA SMALL CAP VALUE FUND
Investor Class PZVSX
Institutional Class PZISX
PZENA EMERGING MARKETS VALUE FUND
Investor Class PZVEX
Institutional Class PZIEX
PZENA INTERNATIONAL SMALL CAP VALUE FUND
Investor Class PZVIX
Institutional Class PZIIX
PZENA INTERNATIONAL VALUE FUND
Investor Class PZVNX
Institutional Class PZINX

(Each a “Fund,” together, the “Funds”)

A series of Advisors Series Trust (the “Trust”)
Supplement dated August 3, 2023 to the
Statement of Additional Information (“SAI”) dated June 28, 2023

Effective July 20, 2023, Mr. Michael L. Ceccato retired from his service as Vice President, Chief Compliance Officer and Anti-Money Laundering Officer of the Trust. All references to Mr. Ceccato in the SAI are hereby removed. At a meeting held on July 20, 2023, the Board of Trustees of the Trust appointed Joseph Kolinsky as the successor Chief Compliance Officer and Anti-Money Laundering Officer of the Trust, effective July 20, 2023.

Additionally, at a meeting held on June 22-23, 2023, the Board of Trustees of the Trust appointed Ms. Lillian A. Kabakali as the Assistant Secretary of the Trust, effective July 10, 2023.

Accordingly, the Officers table in the section titled “MANAGEMENT” of the Funds’ SAI has been revised to reflect updated information as follows:

Officers
Name, Address
and Age
Position Held
with the Trust
Term of Office and Length of Time ServedPrincipal Occupation
During Past Five Years
Jeffrey T. Rauman
(age 54)
615 E. Michigan Street
Milwaukee, WI 53202
President, Chief Executive Officer and Principal Executive OfficerIndefinite term; since December 2018.Senior Vice President, Compliance and Administration, U.S. Bank Global Fund Services (February 1996 to present).
Kevin J. Hayden
(age 52)
615 E. Michigan Street
Milwaukee, WI 53202
Vice President, Treasurer and Principal Financial OfficerIndefinite term; since January 2023.Vice President, Compliance and Administration, U.S. Bank Global Fund Services (June 2005 to present).
Cheryl L. King
(age 61)
615 E. Michigan Street
Milwaukee, WI 53202
Assistant TreasurerIndefinite term; since January 2023.Vice President, Compliance and Administration, U.S. Bank Global Fund Services (October 1998 to present).
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Name, Address
and Age
Position Held
with the Trust
Term of Office and Length of Time ServedPrincipal Occupation
During Past Five Years
Richard R. Conner
(age 41)
615 E. Michigan Street
Milwaukee, WI 53202
Assistant TreasurerIndefinite term; since December 2018.Assistant Vice President, Compliance and Administration, U.S. Bank Global Fund Services (July 2010 to present).
Joseph R. Kolinsky
(age 52)
2020 E. Financial Way, Suite 100
Glendora, CA 91741
Vice President, Chief Compliance Officer and AML OfficerIndefinite term; since July 2023. Vice President, U.S. Bank Global Fund Services (May 2023 to present); Chief Compliance Officer, Chandler Asset Management, Inc. (2020 to 2022); Director, Corporate Compliance, Pacific Life Insurance Company (2018 to 2019).
Elaine E. Richards
(age 55)
2020 E. Financial Way, Suite 100
Glendora, CA 91741
Vice President and SecretaryIndefinite term; since September 2019.Senior Vice President, U.S. Bank Global Fund Services (July 2007 to present).
Lillian A. Kabakali
(age 42)
2020 E. Financial Way, Suite 100
Glendora, CA 91741
Assistant SecretaryIndefinite term; since July 2023.Assistant Vice President, U.S. Bank Global Fund Services (April 2023 to present); Vice President, Compliance, Guggenheim Partners Investment Management Holdings, LLC (April 2019 to April 2023); Senior Associate, Compliance, Guggenheim Partners Investment Management Holdings, LLC (January 2018 to April 2019).





Please retain this Supplement with your SAI





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