PBMXX Fees and Costs — PGIM Government Money Market Fund, Class A
Data updated: 2026-10-13
The net expense ratio is 0.57%: a 0.26% management fee, a 0.13% 12b-1 fee plus 0.19% other expenses. There are no sales loads or redemption fees.
PBMXX Fees and Expenses
Annual operating expenses and sales charges of PBMXX. Prospectus, as of July 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.26% |
| 12b-1 fee | 0.13% |
| Other expenses | 0.19% |
| Gross expense ratio | 0.57% |
| Fee waiver | — |
| Net expense ratio | 0.57% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| 7-day yield | 0.01% |
PBMXX Costs Over Time
On $10,000 invested in PBMXX, assuming 5% a year before costs, total costs come to $360 over 5 years, cutting the return by 0.60% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.57%) | $60 | $188 | $327 |
| Lost growth on money paid in costs | $0 | $9 | $33 |
| Total costs | $60 | $197 | $360 |
| Value after costs | $10,440 | $11,379 | $12,403 |
| Impact on return, per year | 0.60% | 0.60% | 0.60% |
PBMXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending July 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $18.0B
- Portfolio turnover (prospectus): —
PBMXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| CLEAR STREET LLC | $2.9B | 18.03% |
| TD SECURITIES (USA) LLC | $2.7B | 16.48% |
| WELLS FARGO SECURITIES, LLC | $2.2B | 13.63% |
| Banco Bilbao Vizcaya Argentaria (Portugal) S.A. | $2.2B | 13.55% |
| NATWEST MARKETS SECURITIES INC. | $1.7B | 10.68% |
| RBC CAPITAL MARKETS, LLC | $1.3B | 8.12% |
| ING FINANCIAL MARKETS LLC | $911.0M | 5.60% |
| SCOTIA CAPITAL (USA), INC. | $877.0M | 5.39% |
| BNP PARIBAS SECURITIES CORP. | $811.0M | 4.98% |
| Santander US Capital Markets LLC | $577.1M | 3.55% |
PGIM Government Money Market Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| PMZXX | Class Z | 0.42% | none |
| PBMXX | Class A | 0.57% | none |
| MJCXX | Class C | 0.73% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.