UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date:	February 5, 2013 2:00 P.M.

Form:

N-14

CIK: 0001040612 Company Name: MADISON FUNDS File Number: 333-185872 SERIES/CLASSES (CONTRACTS) MERGERS CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000020645 Cash Reserves Fund C000057634 Cash Reserves Fund Class A Target: 0000310407 MADISON MOSAIC GOVERNMENT MONEY MARKET S000000484 MADISON MOSAIC GOVERNMENT MONEY MARKET C000001336 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000020646 Bond Fund C000057639 Bond Fund Class Y Target: 0000710978 MADISON MOSAIC INCOME TRUST S000000489 Madison Mosaic Core Bond Fund C000001341 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000020646 Bond Fund C000124802 R6 Target: 0000710978 MADISON MOSAIC INCOME TRUST S000000489 Madison Mosaic Core Bond Fund C000110963 R6 CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000020651 Mid Cap Fund C000057654 Mid Cap Fund Class Y Target: 0000710977 MADISON MOSAIC EQUITY TRUST S000000486 Madison Mosaic Mid-Cap Fund C000001338 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000020651 Mid Cap Fund C000124803 Class R6 Target: 0000710977 MADISON MOSAIC EQUITY TRUST S000000486 Madison Mosaic Mid-Cap Fund C000110960 R6 CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040128 Madison Government Bond Fund C000124791 Class Y Target: 0000710978 MADISON MOSAIC INCOME TRUST S000000490 Madison Mosaic Government Fund C000001342 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040129 Madison High Quality Bond Fund C000124792 Class Y Target: 0000710978 MADISON MOSAIC INCOME TRUST S000000491 Madison Mosaic Institutional Bond Fund C000001343 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040130 Madison Corporate Bond Fund C000124793 Class Y Target: 0000710978 MADISON MOSAIC INCOME TRUST S000017817 Madison Mosaic Investment Grade Corporate Bond Fund C000049443 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040131 Madison Investors Fund C000124794 Class Y Target: 0000710977 MADISON MOSAIC EQUITY TRUST S000000485 Madison Mosaic Investors Fund C000001337 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040132 Madison Dividend Income Fund C000124795 Class Y Target: 0000710977 MADISON MOSAIC EQUITY TRUST S000000487 Madison Mosaic Dividend Income Fund C000001339 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040133 Madison Disciplined Equity Fund C000124796 Class Y Target: 0000710977 MADISON MOSAIC EQUITY TRUST S000000488 Madison Mosaic Disciplined Equity Fund C000001340 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040133 Madison Disciplined Equity Fund C000124797 Class R6 Target: 0000710977 MADISON MOSAIC EQUITY TRUST S000000488 Madison Mosaic Disciplined Equity Fund C000110961 R6 CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040134 Madison NorthRoad International Fund C000124798 Class Y Target: 0000710977 MADISON MOSAIC EQUITY TRUST S000023447 NorthRoad International Fund C000068832 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040134 Madison NorthRoad International Fund C000124799 Class R6 Target: 0000710977 MADISON MOSAIC EQUITY TRUST S000023447 NorthRoad International Fund C000110962 R6 CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040135 Madison Tax-Free National Fund C000124800 Class Y Target: 0000703303 MADISON MOSAIC TAX-FREE TRUST S000000492 Madison Mosaic Tax-Free National Fund C000001344 Y CIK Series ID Class/Contract Name Acquiring: 0001040612 MADISON FUNDS S000040136 Madison Tax-Free Virginia Fund C000124801 Class Y Target: 0000703303 MADISON MOSAIC TAX-FREE TRUST S000000493 Madison Mosaic Virginia Tax-Free Fund C000001345 Y