<?xml version="1.0"?>
<edgarSubmission>

    <schemaVersion>X0101</schemaVersion>

    <submissionType>EFFECT</submissionType>

    <act>33</act>

    <testOrLive>LIVE</testOrLive>

    <effectiveData>
        <finalEffectivenessDispDate>2008-10-24</finalEffectivenessDispDate>
        <finalEffectivenessDispTime>17:00:00</finalEffectivenessDispTime>
        <form>N-14</form>
        <filer>
            <cik>0000806633</cik>
            <entityName>WASATCH FUNDS INC</entityName>
            <fileNumber>333-153460</fileNumber>
            <seriesClassContractData>
                <merger>
                    <acquiringCik>0000806633</acquiringCik>
                    <acquiringEntityName>WASATCH FUNDS INC</acquiringEntityName>
                    <acquiringSeriesId>S000024178</acquiringSeriesId>
                    <acquiringSeriesName>Wasatch-1st Source Income Fund</acquiringSeriesName>
                    <acquiringClassContractId>C000070969</acquiringClassContractId>
                    <acquiringClassContractName>Wasatch-1st Source Income Fund</acquiringClassContractName>
                    <targetCik>0000882748</targetCik>
                    <targetEntityName>COVENTRY GROUP</targetEntityName>
                    <targetSeriesId>S000009918</targetSeriesId>
                    <targetSeriesName>1ST SOURCE MONOGRAM INCOME FUND</targetSeriesName>
                    <targetClassContractId>C000027431</targetClassContractId>
                    <targetClassContractName>1ST SOURCE MONOGRAM INCOME FUND</targetClassContractName>
                </merger>
                <merger>
                    <acquiringCik>0000806633</acquiringCik>
                    <acquiringEntityName>WASATCH FUNDS INC</acquiringEntityName>
                    <acquiringSeriesId>S000024179</acquiringSeriesId>
                    <acquiringSeriesName>Wasatch-1st Source Income Equity Fund</acquiringSeriesName>
                    <acquiringClassContractId>C000070970</acquiringClassContractId>
                    <acquiringClassContractName>Wasatch-1st Source Income Equity Fund</acquiringClassContractName>
                    <targetCik>0000882748</targetCik>
                    <targetEntityName>COVENTRY GROUP</targetEntityName>
                    <targetSeriesId>S000009916</targetSeriesId>
                    <targetSeriesName>1ST SOURCE MONOGRAM INCOME EQUITY FUND</targetSeriesName>
                    <targetClassContractId>C000027429</targetClassContractId>
                    <targetClassContractName>1ST SOURCE MONOGRAM INCOME EQUITY FUND</targetClassContractName>
                </merger>
                <merger>
                    <acquiringCik>0000806633</acquiringCik>
                    <acquiringEntityName>WASATCH FUNDS INC</acquiringEntityName>
                    <acquiringSeriesId>S000024180</acquiringSeriesId>
                    <acquiringSeriesName>Wasatch-1st Source Long/Short Fund</acquiringSeriesName>
                    <acquiringClassContractId>C000070971</acquiringClassContractId>
                    <acquiringClassContractName>Wasatch-1st Source Long/Short Fund</acquiringClassContractName>
                    <targetCik>0000882748</targetCik>
                    <targetEntityName>COVENTRY GROUP</targetEntityName>
                    <targetSeriesId>S000009920</targetSeriesId>
                    <targetSeriesName>1ST SOURCE MONOGRAM LONG/SHORT FUND</targetSeriesName>
                    <targetClassContractId>C000027438</targetClassContractId>
                    <targetClassContractName>1ST SOURCE MONOGRAM LONG/SHORT FUND</targetClassContractName>
                </merger>
            </seriesClassContractData>
        </filer>
    </effectiveData>
</edgarSubmission>
