David Gerhard Mertens

Advisors Series Trust operates as an open-end investment management company. Its investment objective is to seek long-term capital appreciation and income. The company is headquartered in Milwaukee, WI.

Jensen Investment Management, Inc. (Jensen) is an independent, employee-owned SEC-registered investment advisor headquartered in Lake Oswego, Oregon. The firm was founded by Val Jensen in 1988 and provides investment management services to a wide array of individual and institutional clients, including private clients, pension plans, foundations, endowments and other businesses. In addition, Jensen acts as the investment adviser to various mutual funds and a collective investment fund.