Document

Advisors Series Trust

c/o U.S. Bank Global Fund Services

2020 East Financial Way, Suite 100

Glendora, California 91741

VIA EDGAR TRANSMISSION

U.S. Securities and Exchange Commission

Division of Investment Management

Washington, D.C. 20549

Re:

Advisors Series Trust (the “Trust”)

File Nos.: 333-17391 and 811-07959

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, Pzena Mid Cap Value Fund, Pzena Small Cap Value Fund, Pzena Emerging Markets Value Fund, Pzena International Small Cap Value Fund and Pzena International Value Fund, hereby certifies that the forms of Prospectus and Statement of Additional Information that would have been filed under Rule 497(c) would not have differed from that contained in the most recent amendment dated June 28, 2026, and filed electronically as Post-Effective Amendment No. 1196 to the Trust’s Registration Statement on Form N‑1A on June 26, 2026.

If you have any questions regarding the enclosed, please do not hesitate to contact the undersigned at (213) 356-2006.

/s/ Lillian Kabakali

Vice President and Secretary

Advisors Series Trust