N-Q 1 dnq.htm SUNAMERICA MONEY MARKET FUNDS, INC. SunAmerica Money Market Funds, Inc.

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 


 

FORM N-Q

 


 

Quarterly Schedule of Portfolio Holdings of Registered Management Investment Companies

 

Investment Company Act file number 811-3807

 


 

SunAmerica Money Market Funds, Inc.

(Exact name of registrant as specified in charter)

 


 

Harborside Financial Center, 3200 Plaza 5 Jersey City, NJ 07311

(Address of principal executive offices) (Zip code)

 

John T. Genoy

Senior Vice President

SunAmerica Asset Management Corp.

Harborside Financial Center,

3200 Plaza 5

Jersey City, NJ 07311

(Name and address of agent for service)

 


 

Registrant’s telephone number, including area code: (201) 324-6414

 

Date of fiscal year end: December 31

 

Date of reporting period: March 31, 2010

 


 


Item 1. Schedule of Investments.


SunAmerica Money Market Fund

PORTFOLIO OF INVESTMENTS - March 31, 2010 (unaudited)

 

Security Description


   Principal
Amount


    Value
(Note 1)


 

SHORT-TERM INVESTMENT SECURITIES — 95.5%

                

Certificates of Deposit — 14.8%

                

Barclays Bank PLC

                

0.63% due 04/08/10†

   $ 25,750,000      $ 25,750,000   

Credit Agricole Corp.

                

0.39% due 04/05/10†

     11,300,000        11,299,712   

Credit Agricole Corp.

                

1.00% due 05/04/10†

     12,500,000        12,508,021   

Deutsche Bank AG

                

0.65% due 10/05/10

     12,600,000        12,600,000   

Deutsche Bank AG

                

0.86% due 06/18/10†

     12,750,000        12,767,707   

Nordea Bank Finland PLC

                

0.20% due 04/30/10

     12,400,000        12,400,000   

Royal Bank of Canada

                

0.23% due 04/09/10†

     12,500,000        12,500,000   

Royal Bank of Canada

                

0.25% due 04/23/10†

     12,300,000        12,300,000   
            


Total Certificates of Deposit

(amortized cost $112,125,440)

             112,125,440   
            


Commercial Paper — 4.9%

                

BNP Paribas Finance, Inc.

                

0.05% due 04/01/10

     25,000,000        25,000,000   

J.P. Morgan Chase & Co.

                

0.01% due 04/01/10

     12,000,000        12,000,000   
            


Total Commercial Paper

(amortized cost $37,000,000)

             37,000,000   
            


Corporate Bonds & Notes — 0.7%

                

J.P. Morgan Chase & Co.

                

FDIC Guar. Notes

                

0.33% due 05/24/10†
(amortized cost $5,000,000)

     5,000,000        5,000,000   
            


Medium Term Notes — 15.2%

                

Bank of America NA

                

0.27% due 04/22/10†

     12,300,000        12,300,000   

Bank of America NA

                

0.85% due 05/12/10†

     11,500,000        11,507,360   

Citigroup Funding, Inc.

                

1.30% due 05/07/10†

     35,400,000        35,391,574   

Citigroup, Inc.

                

0.40% due 05/18/10†

     524,000        523,343   

General Electric Capital Corp.

                

0.29% due 04/05/10†

     562,000        562,032   

General Electric Capital Corp.

                

0.31% due 04/06/10†

     1,050,000        1,050,348   

General Electric Capital Corp.

                

0.65% due 06/09/10†

     1,510,000        1,511,171   

General Electric Capital Corp.

                

FDIC Guar. Notes

                

0.88% due 06/09/10†

     10,400,000        10,460,545   

J.P. Morgan Chase & Co.

                

0.60% due 06/24/10†

     14,000,000        14,023,654   

Merrill Lynch & Co., Inc.

                

2.50% due 05/12/10†

     1,730,000        1,734,420   

Wachovia Bank NA

                

0.32% due 06/02/10†

     7,050,000        7,047,168   

Wachovia Corp.

                

0.40% due 06/01/10†

     12,750,000        12,749,020   

Wells Fargo & Co.

                

0.47% due 05/20/10†

     6,000,000        6,003,500   
            


Total Medium Term Notes

(amortized cost $114,864,135)

             114,864,135   
            


U.S. Government Agencies — 59.9%

                

Agency for International Development Panama

                

0.66% due 04/01/10†

     1,513,221        1,515,855   

Federal Farm Credit Bank

                

0.25% due 04/27/10†

     13,000,000        12,998,994   

2.25% due 07/01/10

     280,000        281,075   

4.45% due 08/27/10

     290,000        294,191   

Federal Home Loan Bank

                

0.01% due 04/01/10

     23,000,000        23,000,000   

0.12% due 04/21/10

     12,000,000        11,999,200   

0.12% due 04/23/10

     12,500,000        12,499,083   

0.15% due 04/13/10†

     35,000,000        34,997,960   

0.15% due 05/19/10

     10,000,000        9,998,000   

0.15% due 06/14/10

     7,300,000        7,297,749   

0.20% due 04/08/10†

     28,000,000        28,000,718   

0.22% due 04/21/10†

     26,000,000        26,000,000   

0.35% due 10/13/10

     12,650,000        12,650,000   

0.50% due 10/19/10

     25,500,000        25,497,781   

0.55% due 07/15/10

     635,000        634,641   

0.90% due 04/07/10

     12,500,000        12,499,896   

Federal Home Loan Mtg. Corp.

                

0.14% due 04/27/10

     7,700,000        7,699,221   

0.15% due 04/12/10†

     12,000,000        11,999,942   

0.17% due 06/17/10

     6,000,000        5,997,883   

0.19% due 07/13/10

     12,300,000        12,293,314   

0.20% due 07/23/10

     7,300,000        7,295,417   

0.20% due 08/17/10

     7,500,000        7,494,250   

0.21% due 04/26/10

     12,500,000        12,498,177   

0.22% due 04/26/10

     12,500,000        12,498,090   

0.24% due 04/26/10

     12,700,000        12,697,883   

0.24% due 08/31/10

     12,700,000        12,687,131   

0.28% due 10/26/10

     9,500,000        9,484,906   

0.30% due 04/07/10†

     13,500,000        13,498,628   

0.32% due 09/14/10

     3,612,000        3,606,670   

Federal National Mtg. Assoc.

                

0.14% due 04/13/10†

     32,000,000        31,999,887   

0.15% due 06/01/10

     6,000,000        5,998,475   

0.19% due 07/19/10

     12,000,000        11,993,097   

0.20% due 05/05/10†

     13,500,000        13,499,448   

0.20% due 06/14/10

     12,500,000        12,494,861   

0.21% due 08/02/10

     12,000,000        11,991,390   

0.21% due 08/04/10

     12,600,000        12,590,813   

4.13% due 05/15/10

     680,000        682,911   

4.30% due 08/18/10

     520,000        526,801   

4.38% due 09/13/10

     770,000        781,933   

7.13% due 06/15/10

     367,000        371,868   
            


Total U.S. Government Agencies

(amortized cost $452,848,139)

             452,848,139   
            


Total Short-Term Investment Securities — 95.5%

(amortized cost $721,837,714)

             721,837,714   
            


REPURCHASE AGREEMENT — 4.6%

                

Repurchase Agreement — 4.6%

                

UBS Securities LLC Joint Repurchase Agreement(1)

(amortized cost $34,462,000)

     34,462,000        34,462,000   
            


TOTAL INVESTMENTS —

(amortized cost $756,299,714)(2)

     100.1     756,299,714   

Liabilities in excess of other assets

     (0.1     (525,004
    


 


NET ASSETS

     100.0   $ 755,774,710   
    


 



Variable Rate Security — the rate reflected is as of March 31, 2010, maturity date reflects next reset date.
(1) See Note 2 for details of Joint Repurchase Agreements.
(2) At March 31, 2010, the cost of securities for federal income tax purposes was the same for book purposes.

FDIC - Federal Deposit Insurance Corp.

 

Industry Allocation*

      

U.S. Government Agencies

   59.9

Foreign Banks

   14.9   

Diversified Financial Services

   4.7   

Repurchase Agreement

   4.6   

Money Center Banks

   4.1   

Domestic Banks

   3.4   

Super-Regional Banks-US

   3.4   

Commercial Banks - Canadian

   3.3   

Finance

   1.8   
    

     100.1
    

 

* Calculated as a percentage of net assets

 

The following is a summary of the inputs used to value the Portfolio’s net assets as of March 31, 2010 (see Note 1):

 

     Level 1 - Unadjusted
Quoted Prices


   Level 2 - Other
Observable Inputs


   Level 3 - Significant
Unobservable Inputs


   Total

Short-Term Investment Securities:

                           

Certificates of Deposit

   $ —      $ 112,125,440    $ —      $ 112,125,440

Commercial Paper

     —        37,000,000      —        37,000,000

Corporate Bonds & Notes

     —        5,000,000      —        5,000,000

Medium Term Notes

     —        114,864,135      —        114,864,135

U.S. Government Agencies

     —        452,848,139      —        452,848,139

Repurchase Agreement

     —        34,462,000      —        34,462,000
    

  

  

  

Total

   $ —      $ 756,299,714    $ —      $ 756,299,714
    

  

  

  

 

See Notes to Portfolio of Investments


SunAmerica Municipal Money Market Fund

PORTFOLIO OF INVESTMENTS - March 31, 2010 (unaudited)

 

Security Description


   Principal
Amount/
Shares


    Value
(Note 1)


SHORT-TERM INVESTMENT SECURITIES — 99.2%

              

Arizona — 2.0%

              

Maricopa County, Arizona Industrial Development Authority
(LOC - Harris Trust & Savings Bank)

0.45% due 04/01/10†

   $ 460,000      $ 460,000

Maricopa County, Arizona Industrial Development Authority Multi Family Housing
Series A
(LOC - Wells Fargo Bank N.A.)

0.45% due 04/01/10†

     1,390,000        1,390,000
            

               1,850,000
            

California — 9.2%

              

Big Bear Lake, California Industrial
Series A
(LOC - KBC Bank N.V.)

0.31% due 04/07/10†

     2,000,000        2,000,000

California Health Facilities Financing Authority
Series B
(LOC - U.S.Bank N.A.)

0.27% due 04/01/10†

     1,290,000        1,290,000

California State Department of Water Resources Supply
Series F-4
(LOC- Bank of America N.A.)

0.27% due 04/01/10†

     270,000        270,000

California State Department of Water Resources Supply
Series B-2
(LOC - BNP Paribas)

0.29% due 04/01/10†

     1,540,000        1,540,000

California State Department of Water Resources Supply
Series C-11
(LOC - KBC Bank NV & Bank of Nova Scotia)

0.30% due 04/01/10†

     600,000        600,000

San Bernardino County, California Certificates of Participation Improvement Project
(LOC - BNP Paribas)

0.29% due 04/01/10†

     1,300,000        1,300,000

San Jose, California Redevelopment Agency Class B
(LOC - JP Morgan Chase Bank)

0.33% due 04/07/10†

     250,000        250,000

University of California Medical Center
Series B-1

0.30% due 04/01/10†

     1,320,000        1,320,000
            

               8,570,000
            

Colorado — 6.4%

              

Colorado Educational & Cultural Facilities Authorities
Series D-1
(LOC - JP Morgan Chase Bank)

0.30% due 04/01/10†

     300,000        300,000

Colorado Housing & Finance Authority
Series I-B2

0.30% due 04/07/10†

     1,440,000        1,440,000

Colorado Housing & Finance Authority
Series I-B3

0.31% due 04/07/10†

     335,000        335,000

Colorado Springs, Colorado Utilities
Series A

0.30% due 04/01/10†

     3,880,000        3,880,000
            

               5,955,000
            

Connecticut — 0.5%

              

Connecticut State Housing Finance Authority
Series A-1

0.30% due 04/01/10†

     450,000        450,000
            

District of Columbia — 3.7%

              

Metropolitan Washington D.C. Airports Authority System
Series A-2

0.33% due 04/01/10†

     3,500,000        3,500,000
            

Florida — 3.8%

              

Collier County, Florida Health Facilities Authority
(LOC - Wachovia Bank N.A.)

0.27% due 04/07/10†

     350,000        350,000

Liberty County, Florida Industrial Development
(LOC - Bank of America N.A.)

0.37% due 04/01/10†

     1,250,000        1,250,000

Orlando & Orange County, Florida Expressway Authority
Series B-1
(LOC-Bank of America N.A.)

0.34% due 04/01/10†

     1,900,000        1,900,000
            

               3,500,000
            

Idaho — 0.9%

              

Idaho Health Facilities Authority

0.36% due 04/01/10†

     865,000        865,000
            

Illinois — 5.8%

              

Chicago, Illinois O’Hare International Airport
Series B
(LOC - Societe Generale)

0.38% due 04/07/10†

     670,000        670,000

Illinois Finance Authority
Series E

0.30% due 04/07/10†

     695,000        695,000

Illinois State, Illinois
Series A

5.50% due 04/01/10

     500,000        500,000

Jackson-Union Counties, Illinois Regional Port District
(LOC - Wachovia Bank N.A.)

0.27% due 04/07/10†

     3,550,000        3,550,000
            

               5,415,000
            

Indiana — 3.1%

              

Indiana State Finance Authority
Series A-2

0.29% due 04/01/10†

     80,000        80,000

Indiana State Finance Authority
Series A-3

0.34% due 04/01/10†

     790,000        790,000

Indiana State Development Finance Authority Industrial Development
(LOC - JP Morgan Chas Bank)

0.29% due 04/01/10†

     2,000,000        2,000,000
            

               2,870,000
            

Kansas — 0.5%

              

Kansas State Department of Transportation
Series A-4

0.28% due 04/01/10†

     500,000        500,000
            

Kentucky — 7.1%

              

Breckinridge County, Kentucky Lease Program
(LOC - U.S. Bank N.A.)

0.27% due 04/07/10†

     1,425,000        1,425,000

Breckinridge County, Kentucky Lease Program
Series A
(LOC - U.S. Bank N.A.)

0.27% due 04/07/10†

     2,570,000        2,570,000

Kentucky Housing Corp.
Series F

0.30% due 04/07/10†

     1,090,000        1,090,000

Kentucky Housing Corp.
Series I

0.30% due 04/07/10†

     995,000        995,000

Trimble County Assoc. of Counties Leasing Trust Lease Program
Series A
(LOC-U.S. Bank N.A.)

0.29% due 04/01/10†

     560,000        560,000
            

               6,640,000
            

Maine — 1.8%

              

Maine State Housing Authority Mortgage
Series B-3

0.32% due 04/01/10†

     1,690,000        1,690,000
            

Maryland — 0.1%

              

Maryland Health & Higher Education Facilities Authority
Series B

0.30% due 04/07/10†

     100,000        100,000
            

Massachusetts — 3.6%

              

Commonwealth of Massachusetts
Series B

0.31% due 04/01/10†

     395,000        395,000

Massachusetts State Water Resources Authority
Series C

0.30% due 04/07/10†

     2,935,000        2,935,000
            

               3,330,000
            

Michigan — 9.4%

              

Holt, Michigan Public Schools
(LOC-Landsbank Hessen)

0.38% due 04/01/10†

     3,990,000        3,990,000

Kent Hospital Finance Authority, Michigan
Series B
(LOC - Bank of America N.A.)

0.29% due 04/01/10†

     2,255,000        2,255,000

Michigan State General Obligation
Series A

2.00% due 09/30/10

     2,500,000        2,518,246
            

               8,763,246
            

Missouri — 0.9%

              

Missouri State Health & Educational Facilities Authority
Series A

0.29% due 04/01/10†

     840,000        840,000
            

New Jersey — 2.9%

              

New Jersey Economic Development Authority
Series R-3
(LOC-Nova Scotia & Lloyds TSB Bank PLC)

0.28% due 04/01/10†

     340,000        340,000

New Jersey Economic Development Authority
Series V-2
(LOC - Dexia Credit Local)

0.32% due 04/07/10†

     2,000,000        2,000,000

New Jersey State Housing & Mortgage Finance Agency
Series A

0.30% due 04/01/10†

     390,000        390,000
            

               2,730,000
            

New Mexico — 1.1%

              

Santa Fe County, New Mexico Education Facility
Series A
(LOC-Allied Irish Bank PLC)

0.40% due 04/01/10†

     1,000,000        1,000,000
            

New York — 11.9%

              

City of New York, New York
Series E-5
(LOC-JP Morgan Chase Bank)

0.29% due 04/01/10†

     450,000        450,000

City of New York, New York
Series H-1
(LOC-Dexia Credit Local)

0.31% due 04/01/10†

     270,000        270,000

City of New York, New York
Series H-3

0.34% due 04/01/10†

     1,300,000        1,300,000

City of New York, New York
Series H-4
(LOC - Bank of New York)

0.25% due 04/01/10†

     1,465,000        1,465,000

Metropolitan Transportation Authority
Series D-1

0.33% due 04/01/10†

     1,700,000        1,700,000

Metropolitan Transportation Authority
Series G
(LOC - BNP Paribas)

0.27% due 04/01/10†

     1,730,000        1,730,000

New York City Municipal Water Finance Authority & Sewer System
Series B-2

0.29% due 04/01/10†

     335,000        335,000

New York City Municipal Water Finance Authority & Sewer System
Series F-2

0.30% due 04/01/10†

     5,000        5,000

New York City Municipal Water Finance Authority & Sewer System
Series F-2

0.31% due 04/01/10†

     100,000        100,000

New York City Transitional Finance Authority
Series 3-C

0.30% due 04/07/10†

     700,000        700,000

New York City Transitional Finance Authority
Series 3-D

0.30% due 04/07/10†

     910,000        910,000

New York City Transitional Finance Authority
Series 2-E

0.30% due 04/07/10†

     300,000        300,000

New York, City Municipal Water Finance Authority Water & Sewer
Series B

0.27% due 04/01/10†

     1,675,000        1,675,000

Triborough Bridge & Tunnel Authority, New York
Series AB

0.30% due 04/07/10†

     130,000        130,000
            

               11,070,000
            

North Carolina — 3.9%

              

Charlotte-Mecklenburg Hospital Authority

0.29% due 04/01/10†

     1,215,000        1,215,000

City of Winston-Salem, North Carolina
Series C

0.28% due 04/01/10†

     1,400,000        1,400,000

Wilmington, North Carolina General Obligation

0.27% due 04/07/10†

     1,040,000        1,040,000
            

               3,655,000
            

North Dakota — 4.2%

              

North Dakota State Housing Finance Agency
Series A

0.35% due 04/07/10†

     2,060,000        2,060,000

North Dakota State Housing Finance Agency
Series B

0.35% due 04/07/10†

     1,850,000        1,850,000
            

               3,910,000
            

Ohio — 1.1%

              

Ohio Housing Finance Agency
Series B-1

0.31% due 04/07/10†

     145,000        145,000

Ohio Housing Finance Agency Multi Family Housing
(LOC - Federal Home Loan Bank)

0.33% due 04/01/10†

     890,000        890,000
            

               1,035,000
            

Oregon — 0.6%

              

Medford Hospital Facilities Authority

0.30% due 04/01/10†

     555,000        555,000
            

Pennsylvania — 2.4%

              

Pennsylvania State Higher Educational Facilities Authority
Series A-7
(LOC - Allied Irish Bank PLC)

0.39% due 04/01/10†

     900,000        900,000

Pittsburgh, Pennsylvania Water & Sewer Authority
Series B-1

0.30% due 04/01/10†

     1,300,000        1,300,000
            

               2,200,000
            

South Dakota — 1.8%

              

South Dakota Housing Development Authority
Series C-1

0.38% due 04/01/10†

     1,700,000        1,700,000
            

Texas — 1.7%

              

Texas State Economic Development
Series A-2

0.31% due 04/07/10†

     1,100,000        1,100,000

Texas Water Development Board
Series A

0.36% due 04/01/10†

     465,000        465,000
            

               1,565,000
            

Utah — 1.7%

              

Utah Housing Corporation Single Family Mortgage
Series A

0.34% due 04/07/10†

     1,600,000        1,600,000
            

Virginia — 3.5%

              

Peninsula Ports Authority, Virginia
Series D

0.30% due 04/01/10†

     3,300,000        3,300,000
            

Washington — 2.2%

              

Washington State Housing Finance Commission
(LOC - Bank of America N.A.)

0.29% due 04/01/10†

     2,050,000        2,050,000
            

Wisconsin — 0.1%

              

Wisconsin Housing & Economic Development Authority
Series C

0.34% due 04/07/10†

     75,000        75,000
            

Wyoming — 1.3%

              

Sweetwater County, Wyoming Environmental Improvement
(LOC - Barclays Bank PLC)

0.32% due 04/01/10†

     100,000        100,000

Sweetwater County, Wyoming Pollution Control Series A
(LOC - Barclays Bank PLC)

0.27% due 04/07/10†

     1,100,000        1,100,000
            

               1,200,000
            

Registered Investment Company — 0.0%

              

SSGA Tax Free Money Market Fund
(amortized cost $2,280)

     2,280        2,280
            

Total Short-Term Investment Securities

(cost $92,485,526)

             92,485,526
            

TOTAL INVESTMENTS —

(cost $92,485,526)(1)

     99.2     92,485,526

Other assets less liabilities

     0.8        717,679
    


 

NET ASSETS —

     100.0   $ 93,203,205
    


 

 

Variable Rate Security - the rate reflected is as of March 31, 2010, maturity date reflects next reset date.
(1) At March 31, 2010, the cost of securities for federal income tax purposes was the same for book purposes.

 

LOC — Letter of Credit

 

The following is a summary of the inputs used to value the Fund’s net assets as of March 31, 2010 (see Note 1):

 

     Level 1 - Unadjusted
Quoted Prices

   Level 2 - Other
Observable  Inputs

   Level 3 - Significant
Unobservable  Inputs

   Total

Short-Term Investment Securities:

                           

California

   $    $ 8,570,000    $    $ 8,570,000

Colorado

          5,955,000           5,955,000

Illinois

          5,415,000           5,415,000

Kentucky

          6,640,000           6,640,000

Michigan

          8,763,246           8,763,246

New York

          11,070,000           11,070,000

Other States+

          46,070,000           46,070,000

Registered Investment Companies

          2,280           2,280
    

  

  

  

Total

   $    $ 92,485,526    $    $ 92,485,526
    

  

  

  

 

+ Sum of all other States each of which individually has an aggregate market value of less than 5% of net assets. For a detailed presentation of Short-Term Investment Securities by state, please refer to the Portfolio of Investments.

 

See Notes to Portfolio of Investments


SunAmerica Money Market Funds, Inc.

NOTES TO PORTFOLIO OF INVESTMENTS – March 31, 2010 – (unaudited)

 

Note 1. Security Valuation

 

Portfolio securities are valued at amortized cost, which approximates market value. The amortized cost method involves valuing a security at its cost on the date of purchase and thereafter assuming a constant amortization/accretion to maturity of any discount or premium. In accordance with rule 2a-7 under the Investment Company Act of 1940, as amended (the “1940 Act”), the Corporation’s Board of Directors (“Board”) has adopted procedures intended to stabilize the Funds’ net asset value per share at $1.00. These procedures include the determination, at such intervals as the Board deems appropriate and reasonable in light of current market conditions, of the extent, if any, to which the Funds’ market-based net asset value per share deviates from the Fund’s amortized cost per share. The calculation of such deviation is referred to as “Shadow Pricing.” For purposes of these market-based valuations, securities for which market quotations are not readily available are fair valued, as determined pursuant to procedures adopted in good faith by the Board. There is no single standard for making fair value determinations, which may result in market prices that vary from those of other funds.

 

Securities for which market quotations are not readily available or if a development/significant event occurs that may significantly impact the value of the security, then these securities are valued, as determined pursuant to procedures adopted in good faith by the Board.

 

The various inputs that may be used to determine the value of the Funds’ investments are summarized into three broad levels listed below:

 

Level 1 - Unadjusted quoted prices in active markets for identical securities

 

Level 2 - Other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, referenced indices, quoted prices in active markets, adjusted quoted prices on foreign equity securities that were adjusted in accordance with pricing procedures approved by the Board of Trustees, etc.)

 

Level 3 - Significant unobservable inputs (includes inputs that reflect the Funds’ own assumptions about the assumptions market participants would use in pricing the security, developed based on the best information available under the circumstances)

 

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

 

The summary of the inputs used to value the Funds’ net assets as of March 31, 2010 are reported on a schedule following the Portfolio of Investments.

 

Note 2. Repurchase Agreements

 

At March 31, 2010, the following Portfolio held an undivided interest in a joint repurchase agreement with UBS Securities, LLC.:

 

Portfolio


   Percentage
Interest

    Principal
Amount

Money Market Fund

   34.46   $ 34,462,000

 

As of that date, the repurchase agreement in the joint account and the collateral therefore were as follows:

 

UBS Securities, LLC, dated March 31, 2010, bearing interest at a rate of 0.01% per annum, with a principal amount of $100,000,000, a repurchase price of $100,000,028 and a maturity date of April 1, 2010. The repurchase agreement is collateralized by the following:

 

Type of Collateral


   Interest
Rate

    Maturity
Date

   Principal
Amount

   Market
Value

U.S. Treasury Inflation Index Notes

   2.00   01/15/16    $ 87,931,100    $ 102,000,076

 

ADDITIONAL INFORMATION

 

Additional information is available in the Funds’ Annual and Semi-annual reports, which may be obtained without charge from the EDGAR database on the Securities and Exchange Commision’s website at www.sec.gov.


Item 2. Controls and Procedures.

 

  a) An evaluation was performed within 90 days of the filing of this report, under the supervision and with the participation of the registrant’s management, including the President and Treasurer, of the effectiveness of the design and operation of the registrant’s disclosure controls and procedures (as defined under Rule 30a-3(c) under the Investment Company Act of 1940 (17 CFR 270.30a-3(c))). Based on that evaluation, the registrant’s management, including the President and Treasurer, concluded that the registrant’s disclosure controls and procedures are effective.

 

  b) There was no change in the registrant’s internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940 (17 CFR 270.30a-3(d))), that occurred during the registrant’s last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting.

 

Item 3. Exhibits.

 

Certifications pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) attached hereto as Exhibit 99.CERT.

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

SunAmerica Money Market Funds, Inc.

By:

 

/s/ John T. Genoy


   

John T. Genoy

   

President

 

Date: May 28, 2010

 

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

 

By:

 

/s/ John T. Genoy


   

John T. Genoy

   

President

Date: May 28, 2010

By:

 

/s/ Donna M. Handel


   

Donna M. Handel

   

Treasurer

Date: May 28, 2010