PGIM Government Money Market Fund- Class A Purchase
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Fund Information
Fund Type
Category
Sub-Category
Prospectus Objective
Inception Date
Open/Closed to New Investors
Minimum Initial Investment
Minimum Subsequent Investment
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Asset Allocation
Cash
Stock
U.S. Stock
Non U.S. Stock
Bond
U.S. Bond
Non-U.S. Bond
Preferred
Convertible
Other
Services Offered
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Company Information
Provider
PGIM Investments
Manager/Tenure
(Years)
(Years)
Management Team (14)
Website
Address
Prudential Investments
New York NY - 10292
New York NY - 10292
Country
United States
Phone Number
800-225-1852
Investment Strategy
The investment seeks maximum current income consistent with stability of capital and the maintenance of liquidity. The fund invests at least 99.5% of its total assets in cash, government securities, and/or repurchase agreements that are fully collateralized with cash or government securities. It has a policy to invest under normal circumstances at least 80% of its net assets in government securities and/or repurchase agreements that are collateralized by government securities. The fund seeks to maintain a stable net asset value of $1 per share. It seeks to invest in securities that present minimal credit risk.