# EDGAR Filing Document

**Accession Number:** 0001040612
**File Stem:** 0001040612-23-000052
**Filing Date:** 2023-3
**Character Count:** 2588
**Document Hash:** 11261b6a7b10d76b224071b7ffeaab8e
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001040612-23-000052.hdr.sgml**: 20230331

**ACCESSION NUMBER**: 0001040612-23-000052

**CONFORMED SUBMISSION TYPE**: CORRESP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20230303

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MADISON FUNDS
- **CENTRAL INDEX KEY:** 0001040612
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** CORRESP

**BUSINESS ADDRESS:**
- **STREET 1:** 550 SCIENCE DRIVE
- **CITY:** MADISON
- **STATE:** WI
- **ZIP:** 53711
- **BUSINESS PHONE:** 6082740300

**MAIL ADDRESS:**
- **STREET 1:** 550 SCIENCE DRIVE
- **CITY:** MADISON
- **STATE:** WI
- **ZIP:** 53711

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MEMBERS MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 19970609

**MADISON FUNDS**

**550 Science Drive**

**Madison, Wisconsin 53711**

**Tele: 608.274.0300; Fax: 608.663.9010** 

March 3, 2023

**<u>BY EDGAR</u>**

Mr. Jeffrey Long

longjw@sec.gov

U.S. Securities and Exchange Commission ("SEC" or "Staff")

100 F Street, NE

Washington, DC 20549

RE:&nbsp;&nbsp;&nbsp;&nbsp;Madison Funds (SEC File No. 811-08261)

Annual Report Comments

Mr. Long:

The following serves to respond to comments received from the Staff of the U.S. Securities and Exchange Commission ("SEC") telephonically on February 13, 2023, regarding the Annual Report filed on December 30, 2022, for the Madison Funds ("Funds"). Madison Asset Management, LLC ("Madison"), the investment adviser to the Funds, reviewed the comments provided by the Staff of the SEC.

***1.Comment*: In the Cumulative Performance of $10,000 Investment chart, ensure the Return After Sales Charge is correct for Funds that reflect Class A Shares.** 

**Response**: The Funds will reflect the return after maximum sales charge in future filings for Funds that show Class A share performance in the Cumulative Performance of $10,000 investment chart. In addition, the Funds will update the footnote disclosure to note why there is a lower beginning net amount invested.

**2.*Comment*: Amend the certification required by Item 13(a)(2) to the most current language.** 

*&nbsp;&nbsp;&nbsp;&nbsp;***Response***:* The Funds revised the language required by Item 13(a)(2) and will file an amendment to Form N-CSR with the revised certification.

**\* \* \* \***

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If you have any questions or comments regarding this filing, please call the undersigned at 608-216-9109.

Respectfully submitted,

/s/ Steven Fredricks

Steven Fredricks

Chief Legal Officer

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