PGWXX Fees and Costs — Government Money Market Fund, Class R-6
Data updated: 2026-02-27
The net expense ratio is 0.15%: a 0.15% management fee plus 0.01% other expenses, less a 0.02% fee waiver. There are no sales loads or redemption fees.
PGWXX Fees and Expenses
Annual operating expenses and sales charges of PGWXX. Prospectus, as of February 28, 2023.
| Annual operating expenses | |
|---|---|
| Management fee | 0.15% |
| 12b-1 fee | — |
| Other expenses | 0.01% |
| Gross expense ratio | 0.17% |
| Fee waiver | −0.02% |
| Net expense ratio | 0.15% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
PGWXX Costs Over Time
On $10,000 invested in PGWXX, assuming 5% a year before costs, total costs come to $95 over 5 years, cutting the return by 0.16% 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 0.15%) | $16 | $50 | $87 |
| Lost growth on money paid in costs | $0 | $2 | $9 |
| Total costs | $16 | $52 | $95 |
| Value after costs | $10,484 | $11,524 | $12,667 |
| Impact on return, per year | 0.16% | 0.16% | 0.16% |
PGWXX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending October 31, 2025.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $363.0B
- Portfolio turnover (prospectus): —
- Securities lending: none during the year
PGWXX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY MELLON CAPITAL MARKETS, LLC | $45.0B | 16.34% |
| BARCLAYS CAPITAL, INC. | $37.0B | 13.45% |
| BNP PARIBAS SECURITIES CORP | $35.8B | 12.99% |
| BANCAMERICA SECURITIES, INC. | $35.7B | 12.98% |
| HSBC SECURITIES, INC. | $35.7B | 12.96% |
| GOLDMAN SACHS CO. | $32.3B | 11.74% |
| RBC DOMINION SECURITIES CORP. | $20.0B | 7.27% |
| BMO CAPITAL MARKETS | $19.8B | 7.20% |
| J.P. MORGAN SECURITIES LLC | $10.5B | 3.82% |
| INVESCO | $3.4B | 1.25% |
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 |
|---|---|---|---|
| PGWXX | Class R-6 | 0.15% | — |
| PGVXX | Institutional Class | 0.20% | — |
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.