<PAGE> PAGE 1
000 A000000 02/29/2000
000 C000000 0001027596
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 6.1
000 J000000 A
001 A000000 ADVISORS SERIES TRUST
001 B000000 811-07959
001 C000000 6029521100
002 A000000 4455 E CAMELBACK RD SUITE 261E
002 B000000 PHOENIX
002 C000000 AZ
002 D010000 85018
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 20
007 C010100 1
007 C010200 2
007 C010300 3
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C022000 CHARTWELL LARGE CAP VALUE FUND
007 C032000 N
007 C012100 21
007 C022100 CHARTWELL SMALL CAP VALUE FUND
007 C032100 N
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
<PAGE> PAGE 2
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
010 A00AA01 INVESTMENT COMPANY ADMINISTRATION, LLC
010 C01AA01 PHOENIX
010 C02AA01 AZ
010 C03AA01 85018
011 A00AA01 FIRST FUND DISTRIBUTORS, INC.
011 B00AA01 8-42809
011 C01AA01 PHOENIX
011 C02AA01 AZ
011 C03AA01 85018
012 A00AA01 ICA FUND SERVICES CORP.
012 B00AA01 84-5789
012 C01AA01 PHOENIX
012 C02AA01 AZ
012 C03AA01 85018
013 A00AA01 PRICEWATERHOUSECOOPERS, LLP
013 B01AA01 NEW YORK
013 B02AA01 NY
013 B03AA01 10017
015 A00AA01 FIRSTAR BANK
015 B00AA01 C
015 C01AA01 CINCINNATI
015 C02AA01 OH
015 C03AA01 45202
015 E01AA01 X
018 00AA00 Y
019 A00AA00 N
019 B00AA00 0
020 A000001 BRIDGE TRADING
020 B000001 43-1450530
020 C000001 4
020 A000002 AUTRANET
020 B000002 13-2961507
020 C000002 1
020 A000003 SMITH BARNEY
020 B000003 11-2418191
020 C000003 1
020 C000004 0
020 C000005 0
020 C000006 0
020 C000007 0
020 C000008 0
020 C000009 0
020 C000010 0
021 000000 6
022 A000001 EDGEWOOD SECURITIES (FIRSTAR TREASURY FUND)
022 C000001 3009
<PAGE> PAGE 3
022 D000001 2754
022 A000002 KNIGHT SECURITIES
022 C000002 108
022 D000002 0
022 A000003 BRIDGE TRADING
022 C000003 94
022 D000003 0
022 A000004 SMITH BARNEY
022 C000004 4
022 D000004 0
022 A000005 JANNEY MONTGOMERY
022 C000005 0
022 D000005 4
022 C000006 0
022 D000006 0
022 C000007 0
022 D000007 0
022 C000008 0
022 D000008 0
022 C000009 0
022 D000009 0
022 C000010 0
022 D000010 0
023 C000000 3215
023 D000000 2758
024 00AA00 N
026 A000000 N
026 B000000 N
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
077 A000000 Y
077 Q010000 Y
078 000000 N
008 A002001 CHARTWELL INVESTMENT PARTNERS
008 B002001 A
008 C002001 801-54124
008 D012001 BERWYN
008 D022001 PA
008 D032001 19312
028 A012000 145
028 A022000 0
028 A032000 0
028 A042000 0
028 B012000 0
028 B022000 0
<PAGE> PAGE 4
028 B032000 0
028 B042000 0
028 C012000 0
028 C022000 0
028 C032000 0
028 C042000 0
028 D012000 4239
028 D022000 2
028 D032000 0
028 D042000 0
028 E012000 3660
028 E022000 0
028 E032000 0
028 E042000 3
028 F012000 0
028 F022000 0
028 F032000 0
028 F042000 2
028 G012000 8044
028 G022000 2
028 G032000 0
028 G042000 5
028 H002000 0
029 002000 N
030 A002000 0
030 B002000 0.00
030 C002000 0.00
034 002000 N
035 002000 0
036 B002000 0
037 002000 N
038 002000 0
039 002000 Y
040 002000 N
042 A002000 0
042 B002000 0
042 C002000 0
042 D002000 0
042 E002000 0
042 F002000 0
042 G002000 0
042 H002000 0
043 002000 0
044 002000 0
045 002000 Y
046 002000 N
047 002000 Y
048 002000 0.500
048 A012000 0
048 A022000 0.000
048 B012000 0
<PAGE> PAGE 5
048 B022000 0.000
048 C012000 0
048 C022000 0.000
048 D012000 0
048 D022000 0.000
048 E012000 0
048 E022000 0.000
048 F012000 0
048 F022000 0.000
048 G012000 0
048 G022000 0.000
048 H012000 0
048 H022000 0.000
048 I012000 0
048 I022000 0.000
048 J012000 0
048 J022000 0.000
048 K012000 0
048 K022000 0.000
049 002000 N
050 002000 N
051 002000 N
052 002000 N
053 A002000 Y
053 B002000 Y
054 A002000 Y
054 B002000 Y
054 C002000 N
054 D002000 N
054 E002000 N
054 F002000 N
054 G002000 N
054 H002000 Y
054 I002000 N
054 J002000 Y
054 K002000 N
054 L002000 N
054 M002000 N
054 N002000 N
054 O002000 N
055 A002000 N
055 B002000 N
056 002000 Y
057 002000 N
058 A002000 N
059 002000 Y
060 A002000 Y
060 B002000 Y
061 002000 1000000
062 A002000 N
062 B002000 0.0
<PAGE> PAGE 6
062 C002000 0.0
062 D002000 0.0
062 E002000 0.0
062 F002000 0.0
062 G002000 0.0
062 H002000 0.0
062 I002000 0.0
062 J002000 0.0
062 K002000 0.0
062 L002000 0.0
062 M002000 0.0
062 N002000 0.0
062 O002000 0.0
062 P002000 0.0
062 Q002000 0.0
062 R002000 0.0
063 A002000 0
063 B002000 0.0
066 A002000 Y
066 B002000 N
066 C002000 Y
066 D002000 N
066 E002000 N
066 F002000 N
066 G002000 N
067 002000 N
068 A002000 N
068 B002000 N
069 002000 N
070 A012000 N
070 A022000 N
070 B012000 Y
070 B022000 N
070 C012000 N
070 C022000 N
070 D012000 Y
070 D022000 N
070 E012000 N
070 E022000 N
070 F012000 Y
070 F022000 N
070 G012000 N
070 G022000 N
070 H012000 Y
070 H022000 N
070 I012000 N
070 I022000 N
070 J012000 N
070 J022000 N
070 K012000 Y
070 K022000 Y
<PAGE> PAGE 7
070 L012000 N
070 L022000 N
070 M012000 N
070 M022000 N
070 N012000 N
070 N022000 N
070 O012000 N
070 O022000 N
070 P012000 N
070 P022000 N
070 Q012000 N
070 Q022000 N
070 R012000 N
070 R022000 N
071 A002000 9896
071 B002000 2130
071 C002000 3282
071 D002000 65
072 A002000 6
072 B002000 3
072 C002000 25
072 D002000 0
072 E002000 0
072 F002000 6
072 G002000 12
072 H002000 0
072 I002000 5
072 J002000 3
072 K002000 0
072 L002000 1
072 M002000 1
072 N002000 1
072 O002000 0
072 P002000 0
072 Q002000 6
072 R002000 7
072 S002000 3
072 T002000 0
072 U002000 25
072 V002000 0
072 W002000 1
072 X002000 71
072 Y002000 62
072 Z002000 19
072AA002000 0
072BB002000 118
072CC012000 0
072CC022000 307
072DD012000 0
072DD022000 0
072EE002000 2
<PAGE> PAGE 8
073 A012000 0.0200
073 A022000 0.0000
073 B002000 0.0000
073 C002000 0.0000
074 A002000 0
074 B002000 0
074 C002000 0
074 D002000 0
074 E002000 0
074 F002000 7713
074 G002000 0
074 H002000 0
074 I002000 0
074 J002000 0
074 K002000 1
074 L002000 17
074 M002000 1
074 N002000 7732
074 O002000 85
074 P002000 2
074 Q002000 0
074 R012000 0
074 R022000 0
074 R032000 0
074 R042000 12
074 S002000 0
074 T002000 7633
074 U012000 795
074 U022000 0
074 V012000 9.60
074 V022000 0.00
074 W002000 0.0000
074 X002000 9
074 Y002000 0
075 A002000 0
075 B002000 2823
076 002000 0.00
008 A002101 CHARTWELL INVESTMENT PARTNERS
008 B002101 A
008 C002101 801-54124
008 D012101 BERWYN
008 D022101 PA
008 D032101 19312
028 A012100 313
028 A022100 0
028 A032100 0
028 A042100 0
028 B012100 150
028 B022100 0
028 B032100 0
028 B042100 0
<PAGE> PAGE 9
028 C012100 0
028 C022100 0
028 C032100 0
028 C042100 0
028 D012100 275
028 D022100 1
028 D032100 0
028 D042100 266
028 E012100 325
028 E022100 0
028 E032100 0
028 E042100 0
028 F012100 0
028 F022100 0
028 F032100 0
028 F042100 0
028 G012100 1063
028 G022100 1
028 G032100 0
028 G042100 266
028 H002100 0
029 002100 N
030 A002100 0
030 B002100 0.00
030 C002100 0.00
034 002100 N
035 002100 0
036 B002100 0
037 002100 N
038 002100 0
039 002100 Y
040 002100 N
045 002100 Y
046 002100 N
047 002100 Y
048 002100 0.800
048 A012100 0
048 A022100 0.000
048 B012100 0
048 B022100 0.000
048 C012100 0
048 C022100 0.000
048 D012100 0
048 D022100 0.000
048 E012100 0
048 E022100 0.000
048 F012100 0
048 F022100 0.000
048 G012100 0
048 G022100 0.000
048 H012100 0
<PAGE> PAGE 10
048 H022100 0.000
048 I012100 0
048 I022100 0.000
048 J012100 0
048 J022100 0.000
048 K012100 0
048 K022100 0.000
049 002100 N
050 002100 N
051 002100 N
052 002100 N
053 A002100 Y
053 B002100 Y
054 A002100 Y
054 B002100 Y
054 C002100 N
054 D002100 N
054 E002100 N
054 F002100 N
054 G002100 N
054 H002100 Y
054 I002100 N
054 J002100 Y
054 K002100 N
054 L002100 N
054 M002100 N
054 N002100 N
054 O002100 N
055 A002100 N
055 B002100 N
056 002100 Y
057 002100 N
058 A002100 N
059 002100 Y
060 A002100 Y
060 B002100 Y
061 002100 1000000
062 A002100 N
062 B002100 0.0
062 C002100 0.0
062 D002100 0.0
062 E002100 0.0
062 F002100 0.0
062 G002100 0.0
062 H002100 0.0
062 I002100 0.0
062 J002100 0.0
062 K002100 0.0
062 L002100 0.0
062 M002100 0.0
062 N002100 0.0
<PAGE> PAGE 11
062 O002100 0.0
062 P002100 0.0
062 Q002100 0.0
062 R002100 0.0
066 A002100 Y
066 B002100 N
066 C002100 Y
066 D002100 N
066 E002100 N
066 F002100 N
066 G002100 N
067 002100 N
068 A002100 N
068 B002100 N
069 002100 N
070 A012100 N
070 A022100 N
070 B012100 Y
070 B022100 N
070 C012100 N
070 C022100 N
070 D012100 Y
070 D022100 N
070 E012100 N
070 E022100 N
070 F012100 Y
070 F022100 N
070 G012100 N
070 G022100 N
070 H012100 Y
070 H022100 N
070 I012100 N
070 I022100 N
070 J012100 N
070 J022100 N
070 K012100 Y
070 K022100 Y
070 L012100 N
070 L022100 N
070 M012100 N
070 M022100 N
070 N012100 N
070 N022100 N
070 O012100 N
070 O022100 N
070 P012100 N
070 P022100 N
070 Q012100 N
070 Q022100 N
070 R012100 N
070 R022100 N
<PAGE> PAGE 12
071 A002100 718
071 B002100 163
071 C002100 538
071 D002100 30
072 A002100 6
072 B002100 1
072 C002100 3
072 D002100 0
072 E002100 0
072 F002100 2
072 G002100 12
072 H002100 0
072 I002100 5
072 J002100 3
072 K002100 0
072 L002100 1
072 M002100 1
072 N002100 1
072 O002100 0
072 P002100 0
072 Q002100 6
072 R002100 7
072 S002100 3
072 T002100 0
072 U002100 25
072 V002100 0
072 W002100 1
072 X002100 67
072 Y002100 65
072 Z002100 2
072AA002100 16
072BB002100 0
072CC012100 7
072CC022100 0
072DD012100 0
072DD022100 0
072EE002100 1
073 A012100 0.0200
073 A022100 0.0000
073 B002100 0.0000
073 C002100 0.0000
074 A002100 0
074 B002100 0
074 C002100 0
074 D002100 0
074 E002100 0
074 F002100 828
074 G002100 0
074 H002100 0
074 I002100 0
074 J002100 0
<PAGE> PAGE 13
074 K002100 7
074 L002100 1
074 M002100 1
074 N002100 837
074 O002100 0
074 P002100 2
074 Q002100 0
074 R012100 0
074 R022100 0
074 R032100 0
074 R042100 13
074 S002100 0
074 T002100 822
074 U012100 78
074 U022100 0
074 V012100 10.53
074 V022100 0.00
074 W002100 0.0000
074 X002100 7
074 Y002100 0
075 A002100 0
075 B002100 559
076 002100 0.00
SIGNATURE TOM MARSCHEL
TITLE VICE PRESIDENT
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 1027596
<NAME> ADVISORS SERIES TRUST
<SERIES>
<NUMBER> 20
<NAME> CHARTWELL LARGE CAP VALUE FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-2000
<PERIOD-START> OCT-01-1999
<PERIOD-END> FEB-29-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 7,984,635
<INVESTMENTS-AT-VALUE> 7,731,043
<RECEIVABLES> 18,366
<ASSETS-OTHER> 576
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 7,731,985
<PAYABLE-FOR-SECURITIES> 85,426
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 13,809
<TOTAL-LIABILITIES> 99,235
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 8,040,797
<SHARES-COMMON-STOCK> 795,469
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 17,245
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (118,484)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (306,808)
<NET-ASSETS> 7,632,750
<DIVIDEND-INCOME> 25,563
<INTEREST-INCOME> 2,798
<OTHER-INCOME> 0
<EXPENSES-NET> 8,873
<NET-INVESTMENT-INCOME> 19,487
<REALIZED-GAINS-CURRENT> (118,484)
<APPREC-INCREASE-CURRENT> (306,808)
<NET-CHANGE-FROM-OPS> (405,805)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 795,769
<NUMBER-OF-SHARES-REDEEMED> 523
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 7,632,750
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,796
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 70,958
<AVERAGE-NET-ASSETS> 2,823,087
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> (0.40)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.02)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 9.60
<EXPENSE-RATIO> 0.75
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 1027596
<NAME> ADVISORS SERIES TRUST
<SERIES>
<NUMBER> 21
<NAME> CHARTWELL SMALL CAP VALUE FUND
<MULTIPLIER> 1
<CURRENCY> U.S. DOLLARS
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-2000
<PERIOD-START> OCT-01-1999
<PERIOD-END> FEB-29-2000
<EXCHANGE-RATE> 1
<INVESTMENTS-AT-COST> 821,550
<INVESTMENTS-AT-VALUE> 828,651
<RECEIVABLES> 7,519
<ASSETS-OTHER> 577
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 836,747
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 14,574
<TOTAL-LIABILITIES> 14,574
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 798,897
<SHARES-COMMON-STOCK> 78,087
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 342
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 15,833
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,101
<NET-ASSETS> 822,173
<DIVIDEND-INCOME> 3,643
<INTEREST-INCOME> 488
<OTHER-INCOME> 0
<EXPENSES-NET> 2,576
<NET-INVESTMENT-INCOME> 1,555
<REALIZED-GAINS-CURRENT> 15,833
<APPREC-INCREASE-CURRENT> 7,101
<NET-CHANGE-FROM-OPS> 24,489
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 104,795
<NUMBER-OF-SHARES-REDEEMED> 26,828
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 822,173
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,851
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 67,039
<AVERAGE-NET-ASSETS> 558,912
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 0.53
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (0.02)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.53
<EXPENSE-RATIO> 1.10
</TABLE>
