0000067590 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012411Member 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012410Member 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member oef:RiskLoseMoneyMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member oef:RiskMoneyMarketFundMayNotPreserveDollarMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member oef:RiskNotInsuredDepositoryInstitutionMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member oef:RiskMoneyMarketFundSponsorMayNotProvideSupportMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:AdjustableAndFloatingRateSecuritiesRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member us-gaap:CreditRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:DebtObligationsRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:EconomicAndMarketEventsRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:IncreaseInExpensesRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member us-gaap:InterestRateRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:LargeShareholderAndLargeScaleRedemptionRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:ManagementRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:MarketDisruptionAndGeopoliticalRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:MarketRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:NetAssetValueRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:RedemptionRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:RepurchaseAgreementsRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:USGovernmentAndAgencySecuritiesRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:S000004517Member pgmmfi:YieldRiskMember 2026-07-31 2026-07-31 0000067590 pgmmfi:C000012411Member 2025-01-01 2025-12-31 0000067590 pgmmfi:C000012411Member 2021-01-01 2025-12-31 0000067590 pgmmfi:C000012411Member 2016-01-01 2025-12-31 0000067590 pgmmfi:C000012410Member 2025-01-01 2025-12-31 0000067590 pgmmfi:C000012410Member 2021-01-01 2025-12-31 0000067590 pgmmfi:C000012410Member 2016-01-01 2025-12-31 0000067590 pgmmfi:C000012412Member 2025-01-01 2025-12-31 0000067590 pgmmfi:C000012412Member 2021-01-01 2025-12-31 0000067590 pgmmfi:C000012412Member 2016-01-01 2025-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2016-01-01 2016-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2017-01-01 2017-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2018-01-01 2018-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2019-01-01 2019-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2020-01-01 2020-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2021-01-01 2021-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2022-01-01 2022-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2023-01-01 2023-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2024-01-01 2024-12-31 0000067590 pgmmfi:S000004517Member pgmmfi:C000012412Member 2025-01-01 2025-12-31 pure iso4217:USD 2023-12-31 2021-06-30 Annual Total Returns (Class Z Shares)1 2026-07-31 0000067590 false 485BPOS 0.0026 0.0026 0.0026 0.0047 0.0016 0.0057 0.0073 0.0042 0.0002 0.0037 0.0146 0.0183 0.0026 0.0008 0.0133 0.0477 0.0484 0.0387 N-1A Prudential Government Money Market Fund, Inc. 2026-09-29 FUND SUMMARY INVESTMENT OBJECTIVE The investment objective of the Fund is maximum current income consistent with stability of capital and the maintenance of liquidity. FUND FEES AND EXPENSES The tables below describe the sales charges, fees and expenses that you may pay if you hold and sell shares of the Fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below buy and hold shares of the Fund. You may be required to pay commissions to a broker for transactions in Class Z shares, which are not reflected in the table or the example below. Shareholder Fees (fees paid directly from your investment) 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 15 15 0 Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) 0.00125 0 0 0.00185 Expense information in the table has been restated to reflect current fees. Example. The following hypothetical example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. It assumes that you invest $10,000 in the Fund for the time periods indicated. It assumes a 5% return on your investment each year, that the Fund's operating expenses remain the same (except that fee waivers or reimbursements, if any, are only reflected in the 1-Year figures) and that all dividends and distributions are reinvested. Your actual costs may be higher or lower. 58 183 318 714 75 233 406 860 43 135 235 530 INVESTMENTS, RISKS AND PERFORMANCEPrincipal Investment Strategies. The Fund intends to operate as a government money market fund under the regulations governing money market funds.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.Government securities include U.S. Treasury bills, notes, and other obligations issued or guaranteed as to principal and interest by the U.S. Government or its agencies or instrumentalities.The Fund 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 $1.00 per share. The Fund will invest only in securities that have remaining maturities of 397 calendar days or less or securities otherwise permitted to be purchased because of maturity shortening provisions under applicable regulations. The Fund seeks to invest in securities that present minimal credit risk. The Fund may invest significantly in securities with floating or variable rates of interest. In managing the Fund’s assets, the subadviser uses a combination of top-down economic analysis and bottom-up research in conjunction with proprietary quantitative models and risk management systems. In the top-down economic analysis, the subadviser develops views on economic, policy and market trends. In its bottom-up research, the subadviser develops an internal rating and outlook on issuers. The rating and outlook are determined based on a thorough review of the financial health and trends of the issuer. The subadviser may also consider investment factors such as expected total return, yield, spread and potential for price appreciation as well as credit quality, maturity and risk. The Fund intends to operate as a government money market fund under the regulations governing money market funds.Government securities include U.S. Treasury bills, notes, and other obligations issued or guaranteed as to principal and interest by the U.S. Government or its agencies or instrumentalities. 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. The Fund 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. You could lose money by investing in the Fund. Although the Fund seeks to preserve the value of your investment at $1.00 per share, it cannot guarantee it will do so. An investment in the Fund is not a bank account and is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund's sponsor is not required to reimburse the Fund for losses, and you should not expect that the sponsor will provide financial support to the Fund at any time, including during periods of market stress. Adjustable and Floating Rate Securities Risk. The value of adjustable and floating rate securities may lag behind the value of fixed rate securities when interest rates change. Such securities may be subject to extended settlement periods (longer than seven days) and in unusual market conditions, with a high volume of shareholder redemptions, may present a risk of loss to the Fund or may impair the Fund’s ability to satisfy shareholder redemption requests. Credit Risk. This is the risk that the issuer, the guarantor, or the insurer of a fixed income security, or the counterparty to a contract may be unable or unwilling to make timely principal and interest payments or to otherwise honor its obligations. Additionally, fixed income securities could lose value due to a loss of confidence in the ability of the issuer, guarantor, insurer, or counterparty to pay back debt. The lower the credit quality of a bond, the more sensitive it is to credit risk. Debt Obligations Risk. Debt obligations are fixed income investments that are subject to credit risk, market risk and interest rate risk. The Fund's holdings, share price, yield and total return may also fluctuate in response to bond market movements. The value of bonds may decline for issuer-related reasons, including management performance, financial leverage and reduced demand for the issuer’s goods and services. Certain types of fixed income obligations also may be subject to “call and redemption risk,” which is the risk that the issuer may call a bond held by the Fund for redemption before it matures and the Fund may not be able to reinvest at the same rate of interest and therefore would earn less income. Economic and Market Events Risk. Events in the U.S. and global financial markets, including actions taken by the U.S. Federal Reserve or foreign central banks to stimulate or stabilize economic growth or the functioning of the securities markets, or otherwise reduce inflation, may at times result in unusually high market volatility, which could negatively impact performance. Governmental efforts to curb inflation often have negative effects on the level of economic activity. Relatively reduced liquidity in credit and fixed income markets could adversely affect issuers worldwide. Increase in Expenses Risk. Your actual cost of investing in the Fund may be higher than the expenses shown in the expense table for a variety of reasons. For example, expense ratios may be higher than those shown if average net assets decrease. Net assets are more likely to decrease and Fund expense ratios are more likely to increase when markets are volatile. Active and frequent trading of Fund securities can increase expenses. Interest Rate Risk. The value of your investment may go down when interest rates rise. A rise in rates tends to have a greater impact on the prices of longer term or duration debt securities. Similarly, a rise in interest rates may also have a greater negative impact on the value of equity securities whose issuers expect earnings further out in the future. For example, a fixed income security with a duration of three years is expected to decrease in value by approximately 3% if interest rates increase by 1%. This is referred to as “duration risk.” When interest rates fall, the issuers of debt obligations may prepay principal more quickly than expected, and the Fund may be required to reinvest the proceeds at a lower interest rate. This is referred to as “prepayment risk.” In addition, if the Fund purchases a fixed income security at a premium (at a price that exceeds its stated par or principal value), the Fund may lose the amount of the premium paid in the event of prepayment. When interest rates rise, debt obligations may be repaid more slowly than expected, and the value of the Fund's holdings may fall sharply. This is referred to as “extension risk.” The Fund may lose money if short-term or long-term interest rates rise sharply or in a manner not anticipated by the subadviser. Large Shareholder and Large Scale Redemption Risk. Certain individuals, accounts, funds (including funds affiliated with the Manager) or institutions, including the Manager and its affiliates, may from time to time own or control a substantial amount of the Fund’s shares. There is no requirement that these entities maintain their investment in the Fund. There is a risk that such large shareholders or that the Fund’s shareholders generally may redeem all or a substantial portion of their investments in the Fund in a short period of time, which could have a significant negative impact on the Fund’s NAV, liquidity, and brokerage costs. Large redemptions could also result in tax consequences to shareholders and impact the Fund’s ability to implement its investment strategy. The Fund’s ability to pursue its investment objective after one or more large scale redemptions may be impaired and, as a result, the Fund may invest a larger portion of its assets in cash or cash equivalents. Management Risk. Actively managed funds are subject to management risk. The subadviser will apply investment techniques and risk analyses in making investment decisions for the Fund, but the subadviser’s judgments about the attractiveness, value or market trends affecting a particular security, industry or sector or about market movements may be incorrect. Additionally, the investments selected for the Fund may underperform the markets in general and other funds with similar investment objectives. Market Disruption and Geopolitical Risks. Market disruption can be caused by economic, financial or political events and factors, including but not limited to, international wars or conflicts (including the U.S. and Israeli military operation against Iran, Russia’s military invasion of Ukraine and the Israel-Hamas war), geopolitical developments (including trading and tariff arrangements, sanctions and cybersecurity attacks), instability in regions such as the Middle East, South America, Eastern Europe, and Asia, terrorism, natural disasters and public health epidemics (including the outbreak of COVID-19 globally). Recent policy decisions of the U.S. government and governments of foreign countries may increase geopolitical risks that could adversely affect the investment performance of the Fund. These policies have the potential to impact international relations, trade agreements and the overall regulatory environment in ways that could create uncertainty and instability in domestic and global markets. Actions taken by the U.S. government and governments of foreign countries in respect of international trade relations could lead to trade wars, increased costs for imported goods, disruptions in supply chains, reduced foreign investment, and instability in regions where the Fund invests. The risk of such events has meaningfully increased in recent periods due to heightened international tensions stemming from rivalry among the world’s dominant economic and military powers. The extent and duration of such events and resulting market disruptions cannot be predicted, but could be substantial and could magnify the impact of other risks to the Fund. These and other similar events could adversely affect the U.S. and foreign financial markets and lead to increased market volatility, reduced liquidity in the securities markets, significant negative impacts on issuers and the markets for certain securities and commodities and/or government intervention. They may also cause short- or long-term economic uncertainties in the United States and worldwide. As a result, whether or not the Fund invests in securities of issuers located in or with significant exposure to the countries directly affected, the value and liquidity of the Fund’s investments may be negatively impacted. Further, due to closures of certain markets and restrictions on trading certain securities, the value of certain securities held by the Fund could be significantly impacted, which could lead to such securities being valued at zero. Market Risk. Securities markets may be volatile and the market prices of the Fund’s securities may decline. Securities fluctuate in price based on changes in an issuer’s financial condition and overall market and economic conditions. Net Asset Value Risk. There is no assurance that the Fund will maintain a net asset value of $1.00 per share on a continuous basis. Furthermore, there can be no assurance that the Fund’s affiliates will purchase distressed assets from the Fund, make capital infusions, enter into capital support agreements or take other actions to ensure that the Fund maintains a net asset value of $1.00 per share. In the event any money market fund fails to maintain a stable net asset value, other money market funds, including the Fund, could face a universal risk of increased redemption pressures, potentially jeopardizing the stability of their net asset values. In general, certain other money market funds have in the past failed to maintain stable net asset values and there can be no assurance that such failures and resulting redemption pressures will not occur in the future. Redemption Risk. The Fund may experience heavy redemptions, particularly during periods of declining or illiquid markets, that could cause the Fund to liquidate its assets at inopportune times or at a loss or depressed value and that could affect the Fund’s ability to maintain a $1.00 share price. Repurchase Agreements Risk. Repurchase agreements could involve certain risks in the event of default or insolvency of the seller, including losses and possible delays or restrictions upon the Fund’s ability to dispose of the underlying securities. To the extent that, in the meantime, the value of the securities that the Fund has purchased has decreased, the Fund could experience a loss. U.S. Government and Agency Securities Risk. U.S. Treasury obligations are backed by the “full faith and credit” of the U.S. Government. Securities issued or guaranteed by federal agencies or authorities and U.S. Government-sponsored instrumentalities or enterprises may or may not be backed by the full faith and credit of the U.S. Government. For example, securities issued by the Federal Home Loan Mortgage Corporation, the Federal National Mortgage Association and the Federal Home Loan Banks are neither insured nor guaranteed by the U.S. Government. These securities may be supported by the ability to borrow from the U.S. Treasury or only by the credit of the issuing agency, authority, instrumentality or enterprise and, as a result, are subject to greater credit risk than securities issued or guaranteed by the U.S. Treasury. Further, the U.S. Government and its agencies, authorities, instrumentalities and enterprises do not guarantee the market value of their securities; consequently, the value of such securities will fluctuate. This may be the case especially when there is any controversy or ongoing uncertainty regarding the status of negotiations in the U.S. Congress to increase the statutory debt ceiling. Such controversy or uncertainty could, among other things, result in the credit quality rating of the U.S. Government being downgraded and reduced prices of U.S. Treasury securities. If the U.S. Congress is unable to negotiate an adjustment to the statutory debt ceiling, there is also the risk that the U.S. Government may default on payments on certain U.S. Government securities, including those held by the Fund, which could have a negative impact on the Fund. An increase in demand for U.S. Government securities resulting from an increase in demand for government money market funds may lead to lower yields on such securities. Yield Risk. The amount of income received by the Fund will go up or down depending on day-to-day variations in short-term interest rates, and when interest rates are very low the Fund’s expenses could absorb all or a significant portion of the Fund’s income. If interest rates increase, the Fund’s yield may not increase proportionately. For example, the Fund’s investment manager may discontinue any temporary voluntary fee limitation. Performance. The following bar chart shows the Fund's performance for Class Z shares for the last 10 calendar years. The following table shows the average annual returns of each of the Fund’s share classes. The bar chart and table demonstrate the risk of investing in the Fund by showing how returns can change from year to year.Prior to March 30, 2016, the Fund operated as a prime money market fund and invested in certain types of securities that as a government money market fund, the Fund no longer holds. Consequently, the performance information below may have been different if the current investment limitations had been in effect prior to the Fund’s conversion to a government money market fund. Past performance (before and after taxes) does not mean that the Fund will achieve similar results in the future.Without the management fee waiver and/or expense reimbursement, if any, the annual total returns would have been lower. Updated Fund performance information, including current net asset value, is available online at pgim.com/investments. The following bar chart shows the Fund's performance for Class Z shares for the last 10 calendar years. The following table shows the average annual returns of each of the Fund’s share classes. The bar chart and table demonstrate the risk of investing in the Fund by showing how returns can change from year to year. Past performance (before and after taxes) does not mean that the Fund will achieve similar results in the future. pgim.com/investments Best Quarter:Worst Quarter:1.26%4th Quarter 20230.00%2nd Quarter 20211 The total return of the Fund's Class Z shares from January 1, 2026 throughJune 30, 2026was1.62% Best Quarter: Worst Quarter: 0.0126 0.0000 1 The total return of the Fund's Class Z shares from January 1, 2026 through 2026-06-30 0.0162 Average Annual Total Returns % (as of 12-31-25)1 0.0372 0.0283 0.0174 0.0360 0.0280 0.0173 0.0387 0.0296 0.0187 7 Day Current Yield % (as of 12-31-25)1 0.0319 0.0298 0.0333 Direct Transfer Agent Accounts holding under $10,000 of Class Z shares are subject to the $15 fee. Expense information in the table has been restated to reflect current fees. The Fund's returns and yields are after deduction of expenses.