PHYSX - PIA High Yield Fund- Institutional Class

Nasdaq - Nasdaq Delayed Price. Currency in USD

PIA High Yield Fund- Institutional Class

Milwaukee, Wi 53202

615 East Michigan Street

Advisors Series Trust(PIA)

(414) 765-6609
Management Information
,Lead Manager since November 26, 2013
Mr. McAdams currently serves as President of PIA. From PIA’s formation in 1986 until 2018 he served as the firm’s Chief Investment Officer. Mr. McAdams is a board member of Anworth Mortgage Asset Corp., a publicly-traded company which manages a portfolio of mortgage securities for its shareholders. From 1996 to 2004, Mr. McAdams served as the Chairman and CEO of Syndicated Capital, Inc., the former distributor of the PIA Mutual Funds.. Before joining PIA, Mr. McAdams held the positions of President of Security Pacific Investment Managers, Inc., Senior Vice President of Trust Company of the West, and an Investment Officer with the State of Tennessee. Mr. McAdams has served as a Board member of the California Public Employees Retirement System (“CALPERS”). Since 1997, Mr. McAdams has also been the founder, Chairman and CEO of Anworth Mortgage Asset Corp, a NYSE listed company (“ANH”) that manages a portfolio of mortgage backed securities for its mostly institutional shareholders. He is a Chartered Financial Analyst Charter Holder, and a Certified Employee Benefit Specialist. Mr. McAdams holds a B.S. in Statistics from Stanford University and an M.B.A. from the University of Tennessee
Morningstar Style Box
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Morningstar Category
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Fund Overview

CategoryHigh Yield Bond
Fund FamilyPIA Mutual Funds
Net Assets53.32M
YTD Return7.81%
Morningstar Rating★★★★★
Inception DateDec 30, 2010

Fund Operations

Last Dividend0.27
Last Cap Gain-21.00
Holdings Turnover23.00%
Average for CategoryN/A

Fees & Expenses

ExpensePHYSXCategory Average
Annual Report Expense Ratio (net)0.86%0.95%
Prospectus Net Expense Ratio0.86%N/A
Prospectus Gross Expense Ratio1.06%N/A
Max 12b1 FeeN/AN/A
Max Front End Sales LoadN/A3.88%
Max Deferred Sales LoadN/A1.28%
3 Yr Expense Projection0N/A
5 Yr Expense Projection0N/A
10 Yr Expense Projection0N/A