Advisors Series Trust
c/o U.S. Bancorp Fund Services, LLC
615 East Michigan Street
Milwaukee, Wisconsin 53202

April 4, 2014

VIA EDGAR TRANSMISSION


U.S. Securities and Exchange Commission
Division of Investment Management
100 F Street, N.E.
Washington, DC 20549

Re:           Advisors Series Trust (the “Trust”)
File Nos.: 333-17391 and 811-07959
Semper MBS Total Return Fund ( S000041568 )

Ladies and Gentlemen:

Pursuant to Rule 497(j) under the Securities Act of 1933, as amended, the Investment Company Act of 1940, as amended, and the regulations thereunder, the Trust on behalf of its series, Semper MBS Total Return Fund (the “Fund”), hereby certifies that the forms of Prospectus and Statement of Additional Information that would have been filed under Rule 497(b) or (c) would not have differed from that contained in the most recent amendment dated March 30, 2014, and filed electronically as Post-Effective Amendment No. 578 to the Trust’s Registration Statement on Form N-1A on March 25, 2014.

If you have any questions regarding the enclosed, please do not hesitate to contact the undersigned at (414) 765-6609.

Very truly yours,


/s/ Jeanine M. Bajczyk                                                       
Jeanine M. Bajczyk, Esq.
Secretary
Advisors Series Trust

Enclosures
 
 
 
Managed Duration Investment Grade Municipal Fund (delisted) (NYSE:MZF)
Gráfica de Acción Histórica
De Mar 2025 a Abr 2025 Haga Click aquí para más Gráficas Managed Duration Investment Grade Municipal Fund (delisted).
Managed Duration Investment Grade Municipal Fund (delisted) (NYSE:MZF)
Gráfica de Acción Histórica
De Abr 2024 a Abr 2025 Haga Click aquí para más Gráficas Managed Duration Investment Grade Municipal Fund (delisted).