Shareholder Report | 12 Months Ended |
Sep. 30, 2024 USD ($) $ / shares |
Shareholder Report [Line Items] | |
Document Type | N-CSR |
Amendment Flag | false |
Registrant Name | Advisors Series Trust |
Entity Central Index Key | 0001027596 |
Entity Investment Company Type | N-1A |
Document Period End Date | Sep. 30, 2024 |
Class A | |
Shareholder Report [Line Items] | |
Fund Name | Poplar Forest Partners Fund |
Class Name | Class A |
Trading Symbol | PFPFX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Poplar Forest Partners Fund for the period of October 1, 2023, to September 30, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://poplarforestfunds.com/ resources/ . You can also request this information by contacting us at 1-877-522-8860 . |
Additional Information Phone Number | 1-877-522-8860 |
Additional Information Website | https://poplarforestfunds.com/resources/ |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) Class Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Class A $132 1.20% |
Expenses Paid, Amount | $ 132 |
Expense Ratio, Percent | 1.20% |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? For the trailing 12-month period ending September 30, 2024, the Partners Fund Class A shares delivered a 20.59% no-load return. The Partners Fund uses a contrarian value approach to build a concentrated investment portfolio of undervalued companies designed to deliver attractive returns over full market cycles. While not outpacing the benchmark in the past year, we are pleased with the Fund’s performance given our defensive, value-based approach. WHAT FACTORS INFLUENCED PERFORMANCE The Fund delivered strong absolute performance with the greatest returns in the Financials, Healthcare, and Utilities sectors. On a relative basis, a performance detractor was Information Technology. The Information Technology weighting in the S&P 500 is more than 31% and excitement over artificial intelligence drove sector performance up more than 50%. The Fund’s weighting at September 30, 2024 in Information Technology was only 9.5%. Top Contributors Allstate Financial International Business Machines Equitable Holdings Top Detractors Dollar Tree Intel Vishay Intertechnology PERFORMANCE The Fund’s performance relative to its benchmark reflects our commitment to absolute value investing in a market environment that has rewarded growth companies. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%) 1 Year 5 Year 10 Year Class A (without sales charge) 20.59 10.84 6.75 Class A (with sales charge) 14.56 9.71 6.21 S&P 500 TR 36.35 15.98 13.38 Russell 1000 Value Total Return 27.76 10.69 9.23 |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit https://poplarforestfunds.com/resources/ for more recent performance information. Visit https://poplarforestfunds.com/resources/ for more recent performance information. |
Net Assets | $ 313,479,427 |
Holdings Count | $ / shares | 30 |
Advisory Fees Paid, Amount | $ 2,243,733 |
Investment Company Portfolio Turnover | 28% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of September 30, 2024) Net Assets $313,479,427 Number of Holdings 30 Net Advisory Fee $2,243,733 Portfolio Turnover 28% |
Holdings [Text Block] | Top 10 Securities (%) United Therapeutics Corp. 5.5% Equitable Holdings, Inc. 5.2% Allstate Corp. 5.2% AT&T, Inc. 4.8% National Fuel Gas Co. 4.8% Dominion Energy, Inc. 4.7% International Business Machines Corp. 4.6% Tyson Foods, Inc. - Class A 4.5% Kraft Heinz Co. 4.2% CVS Health Corp. 4.2% Top Sectors (%) Financials 21.8% Health Care 17.1% Consumer Staples 10.8% Utilities 9.5% Information Technology 9.5% Energy 6.0% Industrials 6.0% Consumer Discretionary 5.2% Communication Services 4.8% Cash & Other 9.3% |
Updated Prospectus Web Address | https://poplarforestfunds.com/resources/ |
Institutional Class | |
Shareholder Report [Line Items] | |
Fund Name | Poplar Forest Partners Fund |
Class Name | Institutional Class |
Trading Symbol | IPFPX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Poplar Forest Partners Fund for the period of October 1, 2023, to September 30, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://poplarforestfunds.com/ resources/ . You can also request this information by contacting us at 1-877-522-8860 . |
Additional Information Phone Number | 1-877-522-8860 |
Additional Information Website | https://poplarforestfunds.com/resources/ |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) Class Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Institutional Class $105 0.95% |
Expenses Paid, Amount | $ 105 |
Expense Ratio, Percent | 0.95% |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? For the trailing 12-month period ending September 30, 2024, the Partners Fund Institutional Class delivered a 20.89% return. The Partners Fund uses a contrarian value approach to build a concentrated investment portfolio of undervalued companies designed to deliver attractive returns over full market cycles. While not outpacing the benchmark in the past year, we are pleased with the Fund’s performance given our defensive, value-based approach. WHAT FACTORS INFLUENCED PERFORMANCE The Fund delivered strong absolute performance with the greatest returns in the Financials, Healthcare, and Utilities sectors. On a relative basis, a performance detractor was Information Technology. The Information Technology weighting in the S&P 500 is more than 31% and excitement over artificial intelligence drove sector performance up more than 50%. The Fund’s weighting at September 30, 2024 in Information Technology was only 9.5%. Top Contributors Allstate Financial International Business Machines Equitable Holdings Top Detractors Dollar Tree Intel Vishay Intertechnology PERFORMANCE The Fund’s performance relative to its benchmark reflects our commitment to absolute value investing in a market environment that has rewarded growth companies. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%) 1 Year 5 Year 10 Year Institutional Class 20.89 11.12 7.02 S&P 500 TR 36.35 15.98 13.38 Russell 1000 Value Total Return 27.76 10.69 9.23 |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit https://poplarforestfunds.com/resources/ for more recent performance information. Visit https://poplarforestfunds.com/resources/ for more recent performance information. |
Net Assets | $ 313,479,427 |
Holdings Count | $ / shares | 30 |
Advisory Fees Paid, Amount | $ 2,243,733 |
Investment Company Portfolio Turnover | 28% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of September 30, 2024) Net Assets $313,479,427 Number of Holdings 30 Net Advisory Fee $2,243,733 Portfolio Turnover 28% |
Holdings [Text Block] | Top 10 Securities (%) United Therapeutics Corp. 5.5% Equitable Holdings, Inc. 5.2% Allstate Corp. 5.2% AT&T, Inc. 4.8% National Fuel Gas Co. 4.8% Dominion Energy, Inc. 4.7% International Business Machines Corp. 4.6% Tyson Foods, Inc. - Class A 4.5% Kraft Heinz Co. 4.2% CVS Health Corp. 4.2% Top Sectors (%) Financials 21.8% Health Care 17.1% Consumer Staples 10.8% Utilities 9.5% Information Technology 9.5% Energy 6.0% Industrials 6.0% Consumer Discretionary 5.2% Communication Services 4.8% Cash & Other 9.3% |
Updated Prospectus Web Address | https://poplarforestfunds.com/resources/ |
Investor Class | |
Shareholder Report [Line Items] | |
Fund Name | Poplar Forest Cornerstone Fund |
Class Name | Investor Class |
Trading Symbol | IPFCX |
Annual or Semi-Annual Statement [Text Block] | This annual shareholder report contains important information about the Poplar Forest Cornerstone Fund for the period of October 1, 2023, to September 30, 2024. |
Shareholder Report Annual or Semi-Annual | annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://poplarforestfunds.com/ resources/ . You can also request this information by contacting us at 1-877-522-8860 . |
Additional Information Phone Number | 1-877-522-8860 |
Additional Information Website | https://poplarforestfunds.com/resources/ |
Expenses [Text Block] | WHAT WERE THE FUND COSTS FOR THE PAST YEAR? (based on a hypothetical $10,000 investment) Class Name Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Investor Class $98 0.90% |
Expenses Paid, Amount | $ 98 |
Expense Ratio, Percent | 0.90% |
Factors Affecting Performance [Text Block] | HOW DID THE FUND PERFORM LAST YEAR AND WHAT AFFECTED ITS PERFORMANCE? For the trailing 12-month period ending September 30, 2024, the Cornerstone Fund Investor Class delivered an 18.20% return. The balanced fund uses a contrarian value approach to build a concentrated investment portfolio of equity securities that we believe are undervalued and will deliver attractive returns over full market cycles. The equity weighting is currently 58%. The strategy’s remaining allocation is to fixed income and cash. Our fixed income strategy also applies a contrarian value approach where we look for discounted bonds where we expect full repayment at maturity. While not outpacing the 60%/40% S&P 500/Bloomberg US Aggregate Bond Index benchmark in the past year, we are pleased with the Fund’s absolute performance given our defensive, value-based approach. WHAT FACTORS INFLUENCED PERFORMANCE The Fund delivered strong absolute performance with the greatest returns in the Financials, Healthcare, and Utilities sectors. On a relative basis, the biggest performance detractor was Information Technology. The Information Technology weighting in the S&P 500 is more than 31% and excitement over artificial intelligence drove sector performance up more than 50%. The Fund’s weighting in Information Technology was less than 10%. Top Contributors Allstate Financial International Business Machines Equitable Holdings Top Detractors Dollar Tree Intel Vishay Intertechnology PERFORMANCE The Fund’s performance relative to its benchmark reflects our commitment to absolute value investing in a market environment that has rewarded growth companies. |
Performance Past Does Not Indicate Future [Text] | The Fund’s past performance is not a good predictor of the Fund’s future performance. |
Line Graph [Table Text Block] | |
Average Annual Return [Table Text Block] | ANNUAL AVERAGE TOTAL RETURN (%) 1 Year 5 Year Since Inception (12/31/2014) Investor Class 18.20 10.19 7.06 S&P 500 TR 36.35 15.98 13.19 60% S&P 500/40% Bloomberg Capital Aggregate Blend 25.98 9.78 8.73 |
No Deduction of Taxes [Text Block] | The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or redemption of Fund shares. |
Updated Performance Information Location [Text Block] | Visit https://poplarforestfunds.com/resources/ for more recent performance information. Visit https://poplarforestfunds.com/resources/ for more recent performance information. |
Net Assets | $ 35,154,138 |
Holdings Count | $ / shares | 56 |
Advisory Fees Paid, Amount | $ 89,115 |
Investment Company Portfolio Turnover | 31% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of September 30, 2024) Net Assets $35,154,138 Number of Holdings 56 Net Advisory Fee $89,115 Portfolio Turnover 31% 30-Day SEC Yield 2.58% 30-Day SEC Yield Unsubsidized 2.06% |
Holdings [Text Block] | Top 10 Issuers (%) United States Treasury Note/ Bond 17.6% National Fuel Gas Co. 5.2% United States Treasury Bill 4.9% Allstate Corp. 3.2% Equitable Holdings, Inc. 3.1% Ally Financial, Inc. 3.1% AT&T, Inc. 3.1% Citigroup, Inc. 2.9% Dominion Energy, Inc. 2.9% International Business MachinesCorp. 2.8% Top Sectors (%) Government 20.0% Financials 17.1% Health Care 11.7% Utilities 11.4% Consumer Staples 9.1% Information Technology 5.7% Consumer Discretionary 5.6% Industrials 3.9% Communication Services 3.1% Cash & Other 12.4% |
Updated Prospectus Web Address | https://poplarforestfunds.com/resources/ |