# Semper MBS Total Return Fund — new fund registration

ADVISORS SERIES TRUST registered fund series on Form 485APOS, filed 2023-07-28. Featured series: Semper MBS Total Return Fund.

## Registration

- Registrant / trust: ADVISORS SERIES TRUST
- CIK: 0001027596
- Form: 485APOS
- Filed: 2023-07-28
- State of incorporation: DE
- Accession: 0000894189-23-005173
- Reported net assets: $357.4M

## Series & classes (5)

| Series | Class | Ticker | New |
| --- | --- | --- | --- |
| [Semper MBS Total Return Fund](https://search.stillhousedata.com/fund/S000041568) | Institutional Class | SEMMX | — |
| [Semper MBS Total Return Fund](https://search.stillhousedata.com/fund/S000041568) | Investor Class | SEMPX | — |
| [Semper MBS Total Return Fund](https://search.stillhousedata.com/fund/S000041568) | Class A | SEMOX | — |
| [Semper Short Duration Fund](https://search.stillhousedata.com/fund/S000044807) | Institutional Class | SEMIX | — |
| [Semper Short Duration Fund](https://search.stillhousedata.com/fund/S000044807) | Investor Class | SEMRX | — |

## Fees (from the effective prospectus)

- 12b-1 fee: 0.00%
- Gross expense ratio: 0.89%
- Management fee: 0.60%
- Net expense ratio: 0.92%
- Other expenses: 0.29%

## Investment objective

The Total Return Fund seeks to provide a high level of risk-adjusted current income and capital appreciation.

## Advisers

- [Medalist Partners LP (Advisor)](https://search.stillhousedata.com/firm/292747)

## Other filings by this registrant (15)

- [485APOS — 2026-06-30 (1 new series)](https://search.stillhousedata.com/launch/0000894189-26-020768)
- [485APOS — 2026-06-29](https://search.stillhousedata.com/launch/0000894189-26-020755)
- [485APOS — 2026-06-29](https://search.stillhousedata.com/launch/0000894189-26-020748)
- [485APOS — 2026-04-28](https://search.stillhousedata.com/launch/0000894189-26-013387)
- [485APOS — 2026-01-15 (1 new series)](https://search.stillhousedata.com/launch/0000894189-26-000567)
- [485APOS — 2026-01-15 (1 new series)](https://search.stillhousedata.com/launch/0000894189-26-000566)
- [485APOS — 2025-04-07 (2 new series)](https://search.stillhousedata.com/launch/0000894189-25-002346)
- [485APOS — 2025-02-12](https://search.stillhousedata.com/launch/0000894189-25-000963)
- [485APOS — 2025-02-07](https://search.stillhousedata.com/launch/0000894189-25-000895)
- [485APOS — 2024-12-10](https://search.stillhousedata.com/launch/0000894189-24-007114)
- [485APOS — 2023-08-17 (2 new series)](https://search.stillhousedata.com/launch/0000894189-23-005727)
- [485APOS — 2022-12-13](https://search.stillhousedata.com/launch/0000894189-22-008924)

## More

- [Registrant profile: ADVISORS SERIES TRUST](https://search.stillhousedata.com/registrant/1027596)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/launch/0000894189-23-005173.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.