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Madison Mid Cap Fund proxy voting record

Madison Funds files this fund's proxy votes with the SEC once a year. This is what it did with the shares your retirement savings paid for.

SourceProxy-voting record filed by Madison Funds on 2025-08-22 · open the filing · vote table (BRD4J3_0001040612_2025.xml, 1.9 MB)

How it voted, by issue

Proposals are grouped by the subject the filer itself recorded. On management's own executive pay resolutions, this fund voted in favour 50% of the time across 20 votes.

IssueProposals facedBackedShare backed
Workers & human rights200%
Executive pay200%
Corporate governance6116.7%

Ballots it voted

Arch Capital Group Ltd. · 7 May 2025 · put on the ballot by shareholder · Workforce & human rights

Should Arch Capital Group publish what its inclusion policies actually do for its workforce?

Shareholders asked for a report on the company’s LGBTQIA+ equity and inclusion efforts within its human capital management strategy — what the policies are, how they are measured, and what they have changed for employees.

AGAINST  Madison Mid Cap Fund voted with 1,728,257 shares

“To vote on a shareholder proposal requesting that the Company report to shareholders on the effectiveness of its diversity, equity and inclusion efforts, if properly presented at the Meeting.”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceMadison Funds, Form N-PX filed 2025-08-22 · accession 0001438934-25-001429 · series S000020651 · open the filing

Microchip Technology Incorporated · 20 August 2024 · put on the ballot by shareholder · Workforce & human rights

That our Board of Directors commission an independent third-party report, at reasonable expense and excluding proprietary information, on our due diligence process to determine whether our customers' use of our products contribute or are linked to violations of international law.

AGAINST  Madison Mid Cap Fund voted with 185,239 shares

“Stockholder proposal requesting that our Board of Directors commission an independent third-party report, at reasonable expense and excluding proprietary information, on our due diligence process to determine whether our customers' use of our products contribute or are linked to violations of intern”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceMadison Funds, Form N-PX filed 2025-08-22 · accession 0001438934-25-001429 · series S000020651 · open the filing

Paccar Inc · 29 April 2025 · put on the ballot by shareholder · Executive pay

Should shareholders get a vote before Paccar pays a departing executive?

Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.

AGAINST  Madison Mid Cap Fund voted with 835,400 shares

“Stockholder proposal regarding a shareholder vote on excessive golden parachutes”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceMadison Funds, Form N-PX filed 2025-08-22 · accession 0001438934-25-001429 · series S000020651 · open the filing

Lithia Motors, Inc. · 24 April 2025 · put on the ballot by shareholder · Executive pay

Should shareholders get a vote before Lithia Motors pays a departing executive?

Shareholders asked the company to seek shareholder approval for any severance package to a senior executive above a set multiple of salary and bonus — so that very large exit payments cannot be agreed by the board alone.

AGAINST  Madison Mid Cap Fund voted with 145,094 shares

“Vote on a shareholder proposal requesting shareholder approval of certain executive severance arrangements, if properly presented.”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceMadison Funds, Form N-PX filed 2025-08-22 · accession 0001438934-25-001429 · series S000020651 · open the filing

W. R. Berkley Corporation · 11 June 2025 · put on the ballot by shareholder

Should a W. R. Berkley director who fails to win a majority actually leave?

Shareholders asked the company to adopt a policy under which a director who receives more votes withheld than for must resign and the board must act on it — closing the gap where a director can lose an election and stay on.

AGAINST  Madison Mid Cap Fund voted with 939,437 shares

“A stockholder proposal regarding director election resignation governance policy, if properly presented at the Annual Meeting.”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceMadison Funds, Form N-PX filed 2025-08-22 · accession 0001438934-25-001429 · series S000020651 · open the filing

Cdw Corporation · 20 May 2025 · put on the ballot by shareholder

Should Cdw’s shareholders be able to act without waiting for a meeting?

Shareholders asked for the right to act by written consent — to approve a measure once holders of enough shares agree in writing, instead of waiting for the company to schedule a meeting.

FOR  Madison Mid Cap Fund voted with 438,767 shares

“To consider and act upon the stockholder proposal, if properly presented at the meeting, regarding stockholder right to act by written consent.”

The vote row as recorded in the filing

The column headers and this one row, lifted unaltered out of EDGAR’s rendering of the filing.

SourceMadison Funds, Form N-PX filed 2025-08-22 · accession 0001438934-25-001429 · series S000020651 · open the filing

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