================================================================================

                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    ---------
                                    FORM N-CSR
                                    ---------

                   CERTIFIED SHAREHOLDER REPORT 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 5, 185 Hudson Street, Suite 3300 Jersey City, NJ 07311
     ---------------------------------------------------------------------
     (Address of principal executive offices)                   (Zip code)

                                 John T. Genoy
                             Senior Vice President
                       SunAmerica Asset Management, LLC
                          Harborside 5, 185 Hudson Street,
                                   Suite 3300
                             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:  June 30, 2018

================================================================================



Item 1. Reports to Stockholders



                                                        SEMI-ANNUAL REPORT 2018

AIG
Government Money
Market Fund

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                        TABLE OF CONTENTS



                                                             
            SHAREHOLDERS' LETTER...............................   2
            EXPENSE EXAMPLE....................................   3
            STATEMENT OF ASSETS AND LIABILITIES................   5
            STATEMENT OF OPERATIONS............................   6
            STATEMENT OF CHANGES IN NET ASSETS.................   7
            FINANCIAL HIGHLIGHTS...............................   8
            PORTFOLIO OF INVESTMENTS...........................   9
            NOTES TO FINANCIAL STATEMENTS......................  11
            APPROVAL OF THE INVESTMENT ADVISORY AND MANAGEMENT
            AGREEMENT..........................................  17





        JUNE 30, 2018                                         SEMI-ANNUAL REPORT

        SHAREHOLDERS' LETTER -- (unaudited)

Dear Shareholders,

We are pleased to present this semi-annual shareholder report for the AIG
Government Money Market Fund (the "Fund") for the six-month period ended June
30, 2018.

The semi-annual period ended June 30, 2018 was one wherein money market yields
remained low throughout, but did move higher as the Federal Reserve (the "Fed")
proceeded to raise the targeted federal funds rate two more times -- in March
and June 2018, by 25 basis points/*/ each -- bringing it to a range of 1.75% -
2.00% by the end of June 2018. In June, the Fed also forecasted two additional
rate increases later in 2018. The Fed upgraded its economic growth and
employment projections and shifted inflation expectations higher. Also
affecting the money markets during the semi-annual period was the continuation
of the Fed's balance sheet normalization,+ which began in October 2017.
Elsewhere, global monetary policies diverged. The European Central Bank
announced its quantitative easing program would end in December 2018 but
pledged to keep policy rates unchanged at least through the summer of 2019. The
People's Bank of China unexpectedly cut its reserve requirement ratio for most
banks to free up lending for small businesses. The Bank of England maintained
its policy rate and asset purchase program after economic growth in the U.K.
fell shy of its forecasts. The Bank of Japan pushed back against speculation it
would unwind stimulus by pledging "unlimited" purchases of government bonds to
maintain its zero-interest rate policy.

The U.S. Treasury money market yield curve, or spectrum of maturities,
flattened during the semi-annual period overall, meaning yields on shorter-term
maturities rose more than those on longer-term maturities. Though there was
little difference in yields between maturities, the Fed's actions did help
drive short-term rates higher, creating opportunities to purchase modestly
higher-yielding securities.

On the following pages, you will find financial statements and portfolio
information for the Fund for the semi-annual period ended June 30, 2018.

As always, we remain diligent in the management of your assets. If you have any
questions, or require additional information on this or other AIG Funds, we
invite you to contact your financial advisor or visit us at our website,
www.aig.com/funds. We value your ongoing confidence in us and look forward to
serving your investment needs in the future.

Sincerely,

/s/ Peter A. Harbeck
Peter A. Harbeck
President & CEO
SunAmerica Asset Management, LLC

--------
PAST PERFORMANCE IS NO GUARANTEE OF FUTURE RESULTS.

*  A basis point is 1/100/th/ of a percentage point.

+  Balance sheet normalization refers to the steps the Federal Reserve is
   taking to reverse quantitative easing and remove the substantial monetary
   accommodation it has provided to the U.S. economy since the financial crisis
   began in 2007.

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 insured or guaranteed by the
Federal Deposit Insurance Corporation (FDIC) or any other government agency.
The Fund's sponsor has no legal obligation to provide financial support to the
Fund, and you should not expect that the sponsor will provide financial support
to the Fund at any time.

2





        SUNAMERICA MONEY MARKET FUNDS, INC.
        EXPENSE EXAMPLE -- JUNE 30, 2018 -- (UNAUDITED)

DISCLOSURE OF PORTFOLIO EXPENSES IN SHAREHOLDER REPORTS

As a shareholder in the AIG Government Money Market Fund (the "Fund"), you may
incur two types of costs: (1) transaction costs, including contingent deferred
sales charges, small account fees and administrative fees and (2) ongoing
costs, including management fees, distribution and account maintenance fees,
and other Fund expenses. This Example set forth below is intended to help you
understand your ongoing costs (in dollars) of investing in the Fund and to
compare these costs with the ongoing costs of investing in other mutual funds.
The Example is based on an investment of $1,000 invested at January 1, 2018 and
held until June 30, 2018.

ACTUAL EXPENSES

The "Actual" section of the table provides information about actual account
values and actual expenses. You may use the information in these columns,
together with the amount you invested, to estimate the expenses that you paid
over the period. Simply divide your account value by $1,000 (for example, an
$8,600 account value divided by $1,000 = 8.6), then multiply the result by the
number in the column under the heading entitled "Expenses Paid During the Six
Months Ended June 30, 2018" to estimate the expenses you paid on your account
during this period. For shareholder accounts in classes other than Class I, the
"Expenses Paid During the Six Months Ended June 30, 2018" column and the
"Annualized Expense Ratio" column do not include small account fees that may be
charged if your account balance is below $500 ($250 for retirement plan
accounts). In addition, the "Expenses Paid During the Six Months Ended June 30,
2018" column and the "Annualized Expense Ratio" column do not include
administrative or other fees that may apply to qualified retirement plan
accounts and accounts held through financial institutions. See the Fund's
prospectus, your retirement plan documents and/or materials from your financial
adviser for a full description of these fees. Had these fees been included, the
"Expenses Paid During the Six Months Ended June 30, 2018" column would have
been higher and the "Ending Account Value" column would have been lower.

HYPOTHETICAL EXAMPLE FOR COMPARISON PURPOSES

The "Hypothetical" section of the table provides information about hypothetical
account values and hypothetical expenses based on the Fund's actual expense
ratio and an annual rate of return of 5% before expenses, which is not the
Fund's actual return. The hypothetical account values and expenses may not be
used to estimate the actual ending account balance or expenses you paid for the
period. You may use this information to compare the ongoing costs of investing
in the Fund and other funds. To do so, compare this 5% hypothetical example
with the 5% hypothetical examples that appear in the shareholder reports of
other funds. For shareholder accounts in classes other than Class I, the
"Expenses Paid During the Six Months Ended June 30, 2018" column and the
"Annualized Expense Ratio" column do not include small account fees that may be
charged if your account balance is below $500 ($250 for retirement plan
accounts). In addition, the "Expenses Paid During the Six Months Ended June 30,
2018" column and the "Annualized Expense Ratio" column do not include
administrative fees that may apply to qualified retirement plan accounts and
accounts held through financial institutions. See the Fund's prospectus, your
retirement plan documents and/or materials from your financial adviser for a
full description of these fees. Had these fees been included, the "Expenses
Paid During the Six Months Ended June 30, 2018" column would have been higher
and the "Ending Account Value" column would have been lower.

Please note that the expenses shown in the table are meant to highlight your
ongoing costs only and do not reflect any transaction costs, including
contingent deferred sales charges, small account fees and administrative fees,
if applicable to your account. Please refer to the Fund's prospectus, qualified
retirement plan document and/or materials from your financial adviser for more
information. Therefore, the "Hypothetical" example is useful in comparing
ongoing costs only, and will not help you determine the relative total costs of
owning different funds. In addition, if these transaction costs and other fees
were included, your costs would have been higher.

                                                                          3





        SUNAMERICA MONEY MARKET FUNDS, INC.
        EXPENSE EXAMPLE -- JUNE 30, 2018 -- (UNAUDITED) (CONTINUED)



                                           ACTUAL                                           HYPOTHETICAL
                      ------------------------------------------------- -----------------------------------------------------
                                            ENDING                                          ENDING ACCOUNT
                                         ACCOUNT VALUE  EXPENSES PAID                         VALUE USING     EXPENSES PAID
                          BEGINNING      USING ACTUAL     DURING THE        BEGINNING      A HYPOTHETICAL 5%    DURING THE
                        ACCOUNT VALUE      RETURN AT   SIX MONTHS ENDED   ACCOUNT VALUE    ANNUAL RETURN AT  SIX MONTHS ENDED
                      AS JANUARY 1, 2018 JUNE 30, 2018  JUNE 30, 2018*  AS JANUARY 1, 2018   JUNE 30, 2018    JUNE 30, 2018*
                      ------------------ ------------- ---------------- ------------------ ----------------- ----------------
                                                                                           
AIG Government Money
 Market Fund#
   Class A...........     $1,000.00        $1,002.64        $5.06           $1,000.00          $1,019.74          $5.11
   Class I...........     $1,000.00        $1,003.83        $3.97           $1,000.00          $1,020.83          $4.01







                      ANNUALIZED
                       EXPENSE
                        RATIO*
                      ----------
                   
AIG Government Money
 Market Fund#
   Class A...........    1.02%
   Class I...........    0.80%

--------
*  Expenses are equal to the Fund's annualized expense ratio multiplied by the
   average account value over the period, multiplied by 181 days then divided
   by 365 days (to reflect the one-half year period). These ratios do not
   reflect transaction costs, including contingent deferred sales charges,
   small account fees and administrative fees, if applicable to your account.
   Please refer to your Prospectus, your qualified retirement plan document
   and/or materials from your financial adviser for more information.
#  During the stated period, the investment adviser and distributor either
   waived a portion of or all of the fees and assumed a portion of or all
   expenses for the Fund. As a result, if these fees and expenses had not been
   waived or assumed, the "Actual/Hypothetical Ending Account Value" would have
   been lower and the "Actual/Hypothetical Expenses Paid During the Six Months
   Ended June 30, 2018" and the "Annualized Expense Ratio" would have been
   higher.

4





        SUNAMERICA MONEY MARKET FUNDS, INC.
        STATEMENT OF ASSETS AND LIABILITIES -- JUNE 30, 2018 -- (UNAUDITED)



                                                                    AIG GOVERNMENT MONEY
                                                                        MARKET FUND
                                                                    --------------------
                                                                 
ASSETS:
Investments at value* (unaffiliated)...............................     $115,552,476
                                                                        ------------

Cash...............................................................           98,669
Receivable for:
  Fund shares sold.................................................           52,611
  Dividends and interest...........................................           57,817
Prepaid expenses and other assets..................................           22,359
Due from investment adviser for expense reimbursements/fee waivers.            5,823
Due from distributor for fee waivers...............................           12,870
                                                                        ------------
  Total assets.....................................................      115,802,625
                                                                        ------------
LIABILITIES:
Payable for:
  Fund shares redeemed.............................................          759,121
  Investment advisory and management fees..........................           47,870
  Distribution and service maintenance fees........................           12,870
  Transfer agent fees and expenses.................................           31,169
  Directors' fees and expenses.....................................              335
  Other accrued expenses...........................................           96,151
Dividends payable..................................................            2,157
                                                                        ------------
  Total liabilities................................................          949,673
                                                                        ------------
   Net Assets......................................................     $114,852,952
                                                                        ============
Common stock, $.001 par value (3.5 billion shares authorized)......     $    114,740
Paid-in capital....................................................      114,734,214
                                                                        ------------
                                                                         114,848,954
Accumulated undistributed net investment income (loss).............           10,094
Accumulated undistributed realized gain (loss) on investment.......           (6,096)
                                                                        ------------
   Net assets......................................................     $114,852,952
                                                                        ============
CLASS A:
Net assets.........................................................      102,843,238
Shares outstanding.................................................      102,751,350
Net asset value and redemption price per share
 (excluding any applicable contingent deferred sales charge).......     $       1.00
                                                                        ============
CLASS I:
Net assets.........................................................       12,009,714
Shares outstanding.................................................       11,988,187
Net asset value and redemption price per share.....................     $       1.00
                                                                        ============

*Amortized cost of investment securities (unaffiliated)............     $115,552,476
                                                                        ============


See Notes to Financial Statements

                                                                          5





        SUNAMERICA MONEY MARKET FUNDS, INC.
        STATEMENT OF OPERATIONS -- FOR THE SIX MONTHS ENDED JUNE 30, 2018 --
        (UNAUDITED)



                                                                                        AIG GOVERNMENT MONEY
                                                                                            MARKET FUND
                                                                                        --------------------
                                                                                     
INVESTMENT INCOME:
Interest (unaffiliated)................................................................       $914,995
                                                                                              --------
   Total investment income.............................................................        914,995
                                                                                              --------
EXPENSES:
Investment advisory and management fees................................................        291,777
Distribution and account maintenance fees
  Class A..............................................................................         78,865
Transfer agent fees and expenses
  Class A..............................................................................        156,798
  Class I..............................................................................         13,949
Registration fees
  Class A..............................................................................         26,184
  Class I..............................................................................          7,687
Custodian and accounting fees..........................................................         15,810
Reports to shareholders................................................................         31,003
Audit and tax fees.....................................................................         29,955
Legal fees.............................................................................         17,603
Directors' fees and expenses...........................................................          2,652
Other expenses.........................................................................          5,376
                                                                                              --------
   Total expenses before fee waivers, expense reimbursements...........................        677,659
   Fees waived and expenses reimbursed by investment adviser and distributor (Note 3)..        (93,416)
                                                                                              --------
   Net expenses........................................................................        584,243
                                                                                              --------
Net investment income (loss)...........................................................        330,752
                                                                                              --------
Net realized gain (loss) on investments................................................         (6,165)
                                                                                              --------
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM OPERATIONS........................       $324,587
                                                                                              ========


See Notes to Financial Statements

6





        SUNAMERICA MONEY MARKET FUNDS, INC.
        STATEMENT OF CHANGES IN NET ASSETS



                                                                                          AIG GOVERNMENT MONEY MARKET FUND
                                                                                          -------------------------------
                                                                                             FOR THE
                                                                                           SIX MONTHS
                                                                                              ENDED        FOR THE YEAR
                                                                                            JUNE 30,          ENDED
                                                                                              2018         DECEMBER 31,
                                                                                           (UNAUDITED)         2017
                                                                                           ------------    ------------
                                                                                                     
INCREASE (DECREASE) IN NET ASSETS
OPERATIONS:
  Net investment income (loss)........................................................... $    330,752     $     36,456
  Net realized gain (loss) on investments................................................       (6,165)              69
                                                                                           ------------     ------------
Net increase (decrease) in net assets resulting from operations.......................... $    324,587     $     36,525
                                                                                           ------------     ------------

DISTRIBUTIONS TO SHAREHOLDERS FROM:
  Net investment income (Class A)........................................................     (279,070)         (18,712)
  Net investment income (Class I)........................................................      (44,545)         (14,873)
  Net realized gains on securities (Class A).............................................           --          (20,522)
  Net realized gains on securities (Class I).............................................           --           (2,561)
                                                                                           ------------     ------------
Total distributions to shareholders......................................................     (323,615)         (56,668)
                                                                                           ------------     ------------
NET INCREASE (DECREASE) IN NET ASSETS RESULTING FROM CAPITAL SHARE TRANSACTIONS (NOTE 5).   (2,180,150)       1,465,808
                                                                                           ------------     ------------
TOTAL INCREASE (DECREASE) IN NET ASSETS..................................................   (2,179,178)       1,445,665
                                                                                           ------------     ------------
NET ASSETS:
Beginning of period......................................................................  117,032,130      115,586,465
                                                                                           ------------     ------------
End of period*........................................................................... $114,852,952     $117,032,130
                                                                                           ============     ============
*Includes accumulated undistributed net investment income (loss)......................... $     10,094     $      2,957
                                                                                           ============     ============


See Notes to Financial Statements

                                                                          7





        SUNAMERICA MONEY MARKET FUNDS, INC.
        FINANCIAL HIGHLIGHTS



                                        AIG GOVERNMENT MONEY MARKET FUND
                                        --------------------------------
                                                                                                       RATIO
                NET                                         NET               NET                     OF NET
               ASSET              DIVIDENDS  DISTRIBUTIONS ASSET            ASSETS     RATIO OF     INVESTMENT
               VALUE      NET      FROM NET    FROM NET    VALUE            END OF     EXPENSES      INCOME TO
             BEGINNING INVESTMENT INVESTMENT   REALIZED    END OF   TOTAL   PERIOD    TO AVERAGE      AVERAGE
PERIOD ENDED OF PERIOD INCOME(1)    INCOME       GAINS     PERIOD RETURN(2) (000'S)  NET ASSETS(3) NET ASSETS(3)
------------ --------- ---------- ---------- ------------- ------ --------- -------- ------------- -------------
                                                                        
                                                    CLASS A
-
12/31/13       $1.00     $0.00      $(0.00)     $   --     $1.00    0.01%   $736,942     0.18%         0.01%
12/31/14        1.00      0.00       (0.00)         --      1.00    0.01     720,356     0.14          0.01
12/31/15        1.00      0.00       (0.00)         --      1.00    0.01(4)  807,427     0.17          0.01
12/31/16        1.00      0.00       (0.00)         --      1.00    0.01     102,735     0.38          0.01
12/31/17        1.00      0.00       (0.00)      (0.00)     1.00    0.04     105,422     0.86          0.02
06/30/18(5)     1.00      0.00       (0.00)         --      1.00    0.26     102,843     1.02(6)       0.54(6)
                                                    CLASS I
-
12/31/13       $1.00     $0.00      $(0.00)     $   --     $1.00    0.01%   $ 13,360     0.18%         0.01%
12/31/14        1.00      0.00       (0.00)         --      1.00    0.01      15,847     0.14          0.01
12/31/15        1.00      0.00       (0.00)         --      1.00    0.01(4)   13,815     0.16          0.01
12/31/16        1.00      0.00       (0.00)         --      1.00    0.01      12,851     0.39          0.01
12/31/17        1.00      0.00       (0.00)      (0.00)     1.00    0.15      11,610     0.75          0.12
06/30/18(5)     1.00      0.00       (0.00)         --      1.00    0.38      12,010     0.80(6)       0.77(6)

--------
(1)Calculated based upon average shares outstanding.
(2)Total return is not annualized and does not reflect sales load but does
   include expense reimbursements.
(3)Net of the following expense reimbursements/waivers (based on average net
   assets):


               12/31/13 12/31/14 12/31/15 12/31/16 12/31/17 6/30/18(5)(6)
               -------- -------- -------- -------- -------- -------------
                                          
      Class A.   0.75%    0.79%    0.78%    0.57%    0.32%      0.15%
      Class I.   0.68     0.69     0.71     0.56     0.27       0.25

(4)The Fund's performance figure was increased by less than 0.01% from the
   effect of payments by an affiliate
(5)Unaudited
(6)Annualized

See Notes to Financial Statements

8





        AIG GOVERNMENT MONEY MARKET FUND
        PORTFOLIO PROFILE -- JUNE 30, 2018 -- (UNAUDITED)


                                                   
                   INDUSTRY ALLOCATION*
                   U.S. Government Agencies..........  65.7%
                   U.S. Government Treasuries........  34.9
                                                      -----
                                                      100.6%
                                                      =====

                   Weighted average days to maturity.  36.0



                                                
                      CREDIT QUALITY ALLOCATION@#
                      P-1......................... 100.0%
                                                   =====

--------
*  Calculated as a percentage of net assets
@  Source: Moody's
#  Calculated as a percentage of total debt issues.

                                                                          9





        AIG GOVERNMENT MONEY MARKET FUND
        PORTFOLIO OF INVESTMENTS -- JUNE 30, 2018 -- (UNAUDITED)



                                                 PRINCIPAL    VALUE
                 SECURITY DESCRIPTION             AMOUNT     (NOTE 2)
                                                      
         SHORT-TERM INVESTMENT SECURITIES -- 100.6%
         U.S. GOVERNMENT AGENCIES -- 65.7%
           Federal Farm Credit Bank
            0.85% due 08/24/2018............... $ 1,450,000 $ 1,447,730
           Federal Farm Credit Bank FRS
            1.90% (1 ML-0.15%) due 10/11/2018..   7,000,000   6,999,949
           Federal Home Loan Bank
            1.25% due 01/16/2019...............   1,200,000   1,195,886
            1.70% due 07/05/2018...............   2,900,000   2,899,452
            1.75% due 07/12/2018...............   2,200,000   2,198,824
            1.81% due 07/06/2018...............   5,000,000   4,998,750
           Federal Home Loan Bank FRS
            1.91% (1 ML-0.14%) due 10/12/2018..   3,600,000   3,599,964
            1.95% (1 ML-0.13%) due 07/20/2018..   5,000,000   5,000,162
            1.95% (1 ML-0.13%) due 08/20/2018..   3,000,000   3,000,000
            1.97% (1 ML-0.12%) due 11/21/2018..   4,000,000   4,000,000
            2.01% (1 ML-0.08%) due 07/23/2018..   5,400,000   5,400,292
           Federal Home Loan Mtg. Corp.
            0.88% due 10/12/2018...............   1,034,000   1,031,447
           Federal National Mtg. Assoc.
            1.13% due 12/14/2018...............   2,200,000   2,193,272
            1.76% due 07/02/2018...............  31,500,000  31,498,460
                                                            -----------
         TOTAL U.S. GOVERNMENT AGENCIES
           (amortized cost $75,464,188)........              75,464,188
                                                            -----------
         U.S. GOVERNMENT TREASURIES -- 34.9%
           United States Treasury Bills
            1.69% due 07/05/2018...............   4,400,000   4,399,172
            1.70% due 07/05/2018...............   2,300,000   2,299,567
            1.77% due 07/12/2018...............   3,400,000   3,398,160
            1.84% due 08/09/2018...............   4,000,000   3,992,048
            1.89% due 08/30/2018...............   4,900,000   4,884,647



                                                PRINCIPAL     VALUE
                SECURITY DESCRIPTION             AMOUNT      (NOTE 2)
                                                     
       -----------------------------------------------------------------
       U.S. GOVERNMENT TREASURIES (CONTINUED)
          1.89% due 08/23/2018................ $3,500,000  $  3,490,287
          1.89% due 09/06/2018................  7,500,000     7,473,723
          1.90% due 09/13/2018................  4,100,000     4,084,071
         United States Treasury Bonds
          zero coupon due 02/15/2019..........  1,000,000       987,789
          zero coupon due 11/15/2018..........  1,000,000       992,936
         United States Treasury Notes
          1.13% due 01/31/2019................  1,700,000     1,692,209
          1.25% due 01/31/2019................    600,000       597,923
          1.38% due 12/31/2018................  1,100,000     1,097,524
          1.50% due 01/31/2019................    700,000       698,232
                                                           ------------
       TOTAL U.S. GOVERNMENT TREASURIES
         (amortized cost $40,088,288).........               40,088,288
                                                           ------------
       TOTAL INVESTMENTS --
         (amortized cost $115,552,476)(1).....      100.6%  115,552,476
       LIABILITIES IN EXCESS OF OTHER ASSETS..       (0.6)     (699,524)
                                               ----------  ------------
       NET ASSETS.............................      100.0% $114,852,952
                                               ==========  ============

--------
(1)  At June 30, 2018, the cost of securities for federal income tax purposes
     was the same for book purposes.
FRS --Floating Rate Security
The rates shown on FRS are the current interest rates at June 30, 2018 and
unless noted otherwise, the dates shown are the original maturity dates.

INDEX LEGEND

1 ML --1 Month USD LIBOR

The following is a summary of the inputs used to value the Fund's net assets as
of June 30, 2018 (see Note 2):



                                  LEVEL 1 -- UNADJUSTED LEVEL 2 -- OTHER  LEVEL 3 -- SIGNIFICANT
                                      QUOTED PRICES     OBSERVABLE INPUTS  UNOBSERVABLE INPUTS      TOTAL
                                  --------------------- ----------------- ---------------------- ------------
                                                                                     
ASSETS:
Investment at Value*
Short-term Investment Securities.          $--            $115,552,476             $--           $115,552,476
                                           ===            ============             ===           ============

--------
*  For a detailed presentation of investments, please refer to the Portfolio of
   Investments.

The Fund's policy is to recognize transfers between Levels as of the end of the
reporting period. There were no transfers between Levels during the reporting
period.

See Notes to Financial Statements

10





        SUNAMERICA MONEY MARKET FUNDS, INC.
        NOTES TO FINANCIAL STATEMENTS -- JUNE 30, 2018 -- (UNAUDITED)

Note 1. Organization

   SunAmerica Money Market Funds, Inc. (the "Corporation") is an open-end
   diversified management investment company organized as a Maryland
   corporation. The Corporation consists of one series -- AIG Government Money
   Market Fund (the "Fund"). The Fund is advised by SunAmerica Asset
   Management, LLC ("SunAmerica" or "Adviser"), an indirect wholly-owned
   subsidiary of American International Group, Inc. ("AIG"). The investment
   objective of the Fund is to seek as high a level of current income as is
   consistent with liquidity and stability of capital. It does this by
   investing at least 99.5% of its total assets in cash, U.S. government
   securities, and/or repurchase agreements that are collateralized by U.S.
   government securities.

   The Fund currently offers two classes of shares: Class A and Class I. These
   classes within the Fund are presented in the Statement of Assets and
   Liabilities. The cost structure for each class is as follows:

   Class A shares-- Class A shares are available with no front-end sales
                    charge. A 1.00% contingent deferred sales charge ("CDSC")
                    is imposed on certain shares sold within one year of
                    original purchase and a 0.50% CDSC is imposed on certain
                    shares sold after the first year and within the second year
                    after purchase, as described in the Fund's Prospectus.

   Class I shares-- Class I shares are offered at net asset value per share
                    without any sales charge, exclusively to certain
                    institutions.

   Each class of shares bears the same voting, dividend, liquidation and other
   rights and conditions, except as may otherwise be provided in the Fund's
   registration statement.

   INDEMNIFICATIONS: The Corporation's organizational documents provide current
   and former officers and directors with a limited indemnification against
   liabilities arising out of the performance of their duties to the
   Corporation. In addition, pursuant to Indemnification Agreements between the
   Corporation and each of the current directors who is not an "interested
   person," as defined in Section 2(a)(19) of the Investment Company Act of
   1940, as amended (the "1940 Act"), of the Corporation (collectively, the
   "Disinterested Directors"), the Corporation provides the Disinterested
   Directors with a limited indemnification against liabilities arising out of
   the performance of their duties to the Corporation, whether such liabilities
   are asserted during or after their service as directors. In addition, in the
   normal course of business, the Corporation enters into contracts that
   contain the obligation to indemnify others. The Corporation's maximum
   exposure under these arrangements is unknown. Currently, however, the
   Corporation expects the risk of loss to be remote.

Note 2. Significant Accounting Policies

   The preparation of financial statements in accordance with U.S. generally
   accepted accounting principles ("GAAP") requires management to make
   estimates and assumptions that affect the reported amounts and disclosures
   in the financial statements. Actual results could differ from those
   estimates and those differences could be significant. The following is a
   summary of significant accounting policies consistently followed by the Fund
   in the preparation of its financial statements:

   SECURITY VALUATION: In accordance with the authoritative guidance on fair
   value measurements and disclosures under GAAP, the Fund discloses the fair
   value of its investments in a hierarchy that prioritizes the inputs to
   valuation techniques used to measure the fair value. In accordance with
   GAAP, fair value is defined as the price that the Fund would receive upon
   selling an asset or transferring a liability in a timely transaction to an
   independent third party in the principal or most advantageous market. GAAP
   establishes a three-tier hierarchy to provide more transparency around the
   inputs used to measure fair value and to establish classification of fair
   value measurements for disclosure purposes. Inputs refer broadly to the
   assumptions that market participants would use in pricing the asset or
   liability, including assumptions about risk. Inputs may be observable or
   unobservable. Observable inputs are inputs that reflect the assumptions
   market participants would use in pricing the asset or liability developed
   based on market data obtained from sources independent of the reporting
   entity. Unobservable inputs are inputs that reflect the reporting

                                                                          11





        SUNAMERICA MONEY MARKET FUNDS, INC.
        NOTES TO FINANCIAL STATEMENTS -- JUNE 30, 2018 -- (UNAUDITED)
        (CONTINUED)

   entity's own assumptions about the assumptions market participants would use
   in pricing the asset or liability developed based on the best information
   available in the circumstances. The three-tiers are as follows:

   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 inactive markets, adjusted 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 Directors (the "Board"), etc.)

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

   Changes in valuation techniques may result in transfers in or out of an
   investment's assigned Level within the hierarchy. The methodology used for
   valuing investments is not necessarily an indication of the risk associated
   with investing in those investments and the determination of the
   significance of a particular input to the fair value measurement in its
   entirety requires judgment and consideration of factors specific to each
   security.

   The availability of observable inputs can vary from security to security and
   is affected by a wide variety of factors, including, for example, the type
   of security, whether the security is recently issued and not yet established
   in the marketplace, the liquidity of markets, and other characteristics
   particular to the security. To the extent that valuation is based on models
   or inputs that are less observable or unobservable in the market, the
   determination of fair value requires more judgment. Accordingly, the degree
   of judgment exercised in determining fair value is greatest for instruments
   categorized in Level 3.

   The summary of the Fund's assets and liabilities classified in the fair
   value hierarchy as of June 30, 2018, is reported on a schedule following the
   Portfolio of Investments.

   Portfolio securities are valued at amortized cost, which approximates market
   value, and are generally categorized as Level 2. The amortized cost method
   involves valuing a security at its cost on the date of purchase and
   thereafter assuming a constant amortization to maturity of any discount or
   premium. In accordance with Rule 2a-7 under the 1940 Act, the Board has
   adopted procedures intended to stabilize the Fund's 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 Fund's 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.

   The Board is responsible for the share valuation process and has adopted
   policies and procedures (the "PRC Procedures") for valuing the securities
   and other assets held by the Fund, including procedures for the fair
   valuation of securities and other assets for which market quotations are not
   readily available or are unreliable. The PRC Procedures provide for the
   establishment of a pricing review committee, which is responsible for, among
   other things, making certain determinations in connection with the Fund's
   fair valuation procedures. Securities for which market quotations are not
   readily available or the values of which may be significantly impacted by
   the occurrence of developments or significant events are generally
   categorized as Level 3. There is no single standard for making fair value
   determinations, which may result in prices that vary from those of other
   funds.

   MASTER AGREEMENTS: The Fund has entered into Master Repurchase Agreements
   ("Master Agreements") with certain counterparties that govern repurchase
   agreement transactions. The Master Agreements may contain provisions
   regarding, among other things, the parties' general obligations,
   representations, agreements, collateral requirements and events of default.
   Collateral can be in the form of cash or securities as agreed to by the Fund
   and applicable

12





        SUNAMERICA MONEY MARKET FUNDS, INC.
        NOTES TO FINANCIAL STATEMENTS -- JUNE 30, 2018 -- (UNAUDITED)
        (CONTINUED)

   counterparty. The Master Agreements typically specify certain standard
   termination events, such as failure of a party to pay or deliver, credit
   support defaults and other events of default. Upon the occurrence of an
   event of default, the other party may elect to terminate early and cause
   settlement of all repurchase agreement transactions outstanding pursuant to
   a particular Master Agreement, including the payment of any losses and costs
   resulting from such early termination, as reasonably determined by the
   terminating party. Any decision by one or more of the Fund's counterparties
   to elect early termination could cause the Fund to accelerate the payment of
   liabilities. Typically, the Master Agreement will permit a single net
   payment in the event of default. Note, however, that bankruptcy or
   insolvency laws of a particular jurisdiction may impose restrictions on or
   prohibitions against the right of offset in bankruptcy, insolvency or other
   events.

   REPURCHASE AGREEMENTS: The Fund, along with other affiliated registered
   investment companies, pursuant to procedures adopted by the Board and
   applicable guidance from the Securities and Exchange Commission ("SEC"), may
   transfer uninvested cash balances into a single joint account, the daily
   aggregate balance of which is invested in one or more repurchase agreements
   collateralized by U.S. Treasury or federal agency obligations. In a
   repurchase agreement, the seller of a security agrees to repurchase the
   security at a mutually agreed-upon time and price, which reflects the
   effective rate of return for the term of the agreement. For repurchase
   agreements and joint repurchase agreements, the Fund's custodian takes
   possession of the collateral pledged for investments in such repurchase
   agreements. The underlying collateral is valued daily on a mark to market
   basis, plus accrued interest to ensure that the value, at the time the
   agreement is entered into, is equal to at least 102% of the repurchase
   price, including accrued interest. In the event of default of the obligation
   to repurchase, the Fund has the right to liquidate the collateral and apply
   the proceeds in satisfaction of the obligation. If the seller defaults and
   the value of the collateral declines or if bankruptcy proceedings are
   commenced with respect to the seller of the security, realization of the
   collateral by the Fund may be delayed or limited.

   SECURITIES TRANSACTIONS, INVESTMENT INCOME, EXPENSES, DIVIDENDS AND
   DISTRIBUTIONS TO SHAREHOLDERS: Security transactions are recorded on a trade
   date basis. Interest income, including the accretion of discount and
   amortization of premium, is accrued daily from settlement date, except when
   collection is not expected; dividend income is recorded on the ex-dividend
   date.

   Net investment income, other than class specific expenses, and realized and
   unrealized gains and losses are allocated daily to each class of shares
   based upon the relative net asset value of outstanding shares (or the value
   of the dividend-eligible shares, as appropriate) of each class of shares at
   the beginning of the day (after adjusting for current capital share activity
   of the respective class).

   Dividends from net investment income, if any, are normally declared daily
   and paid monthly. Capital gain distributions, if any, are paid annually. The
   Fund records dividends and distributions to its shareholders on the
   ex-dividend date. The amount of dividends and distributions from net
   investment income and net realized capital gains are determined in
   accordance with federal income tax regulations, which may differ from GAAP.
   These "book/tax" differences are either considered temporary or permanent in
   nature. To the extent these differences are permanent in nature, such
   amounts are reclassified within the capital accounts at fiscal year end
   based on their federal tax-basis treatment; temporary differences do not
   require reclassification. Net assets are not affected by these
   reclassifications.

   The Fund is considered a separate entity for tax purposes and intends to
   comply with the requirements of the Internal Revenue Code, as amended,
   applicable to regulated investment companies and distribute all of its
   taxable income, including any net capital gains on investments, to its
   shareholders. The Fund also intends to distribute sufficient net investment
   income and net capital gains, if any, so that the Fund will not be subject
   to excise tax on undistributed income and gains. Therefore, no federal
   income tax or excise tax provision is required.

   The Fund recognizes the tax benefits of uncertain tax positions only when
   the position is more likely than not to be sustained, assuming examination
   by tax authorities. Management has analyzed the Fund's tax positions and
   concluded that no liability for unrecognized tax benefits should be recorded
   related to uncertain tax positions taken on returns filed for open tax years
   2014 - 2016 or expected to be taken in the Fund's 2017 tax return. The Fund
   is not

                                                                          13





        SUNAMERICA MONEY MARKET FUNDS, INC.
        NOTES TO FINANCIAL STATEMENTS -- JUNE 30, 2018 -- (UNAUDITED)
        (CONTINUED)

   aware of any tax provisions for which it is reasonably possible that the
   total amounts of unrecognized tax benefits will change materially in the
   next twelve months. The Fund files U.S. federal and certain state income tax
   returns. With few exceptions, the Fund is no longer subject to U.S. federal
   and state tax examinations by tax authorities for tax returns ending before
   2014.

Note 3. Investment Advisory and Management Agreement, Distribution and Service
Agreement and Other Transactions With Affiliates

   The Fund has entered into an Investment Advisory and Management Agreement
   (the "Advisory Agreement") with SunAmerica. Under the Advisory Agreement,
   SunAmerica provides continuous supervision of the Fund and administers its
   corporate affairs, subject to general review by the Board. In connection
   therewith, SunAmerica furnishes the Fund with office facilities, maintains
   certain of its books and records, and pays the salaries and expenses of all
   personnel, including officers of the Fund who are employees of SunAmerica
   and its affiliates.

   The Fund will pay SunAmerica a monthly management fee at the following
   annual percentages, based on the average daily net assets of the Fund: 0.50%
   on the first $600 million; 0.45% on the next $900 million; and 0.40% over
   $1.5 billion.

   SunAmerica has contractually agreed to waive fees and/or reimburse expenses
   to the extent necessary to cap the Fund's annual fund operating expenses at
   0.80% for Class I, of average net assets. For purposes of waived fee and/or
   reimbursed expense calculations, annual Fund operating expenses shall not
   include extraordinary expenses (i.e., expenses that are unusual in nature
   and/or infrequent in occurrence, such as litigation), or acquired fund fees
   and expenses, brokerage commissions and other transactional expenses
   relating to the purchase and sale of portfolio securities, interest, taxes
   and governmental fees, and other expenses not incurred in the ordinary
   course of the Fund's business. This fee waiver and expense reimbursement
   will continue in effect indefinitely, unless terminated by the Board,
   including a majority of the Disinterested Directors. For the six months
   ended June 30, 2018, pursuant to the contractual expense limitations,
   SunAmerica waived fees and/or reimbursed expenses of $14,551 for Class I.

   SunAmerica may also voluntarily waive fees and/or reimburse expenses,
   including to avoid a negative yield on any class of the Fund. The voluntary
   waivers and/or reimbursements may be terminated at any time at the option of
   SunAmerica. The exact amount of the voluntary waivers and/or reimbursements
   may change on a day-to-day basis. There is no guarantee that the Fund will
   be able to avoid a negative yield. For the six months ended June 30, 2018,
   SunAmerica did not voluntarily waive expenses.

   The Fund has entered into a Distribution Agreement with AIG Capital
   Services, Inc. ("ACS" or the "Distributor"), an affiliate of the Adviser.
   The Fund has adopted a Distribution Plan on behalf of its Class A shares
   (the "Plan") in accordance with the provisions of Rule 12b-1 under the 1940
   Act. In adopting the Plan, the Board determined that there was a reasonable
   likelihood that the Plan would benefit the Fund and the shareholders of the
   respective class. The sales charge and distribution fees of a particular
   class will not be used to subsidize the sale of shares of any other class.

   The Plan provides that the Class A shares of the Fund shall pay the
   Distributor an account maintenance fee at the annual rate of up to 0.15% of
   the aggregate average daily net assets of such class of shares for payments
   to compensate the Distributor and certain securities firms for account
   maintenance activities. In this regard, some payments are used to compensate
   broker-dealers with account maintenance fees in an amount up to 0.15% per
   year of the assets maintained in the Fund by its customers. In light of
   current market conditions, ACS has agreed to waive up to 0.15% of the fees
   it receives under the Plan. This voluntary waiver may be terminated at any
   time at the option of the Distributor without notice to shareholders. For
   the six months ended June 30, 2018, ACS voluntarily waived $78,865 in
   account maintenance fees for Class A shares.

14





        SUNAMERICA MONEY MARKET FUNDS, INC.
        NOTES TO FINANCIAL STATEMENTS -- JUNE 30, 2018 -- (UNAUDITED)
        (CONTINUED)


   ACS receives the proceeds of contingent deferred sales charges paid by
   investors in connection with certain redemptions of the Fund's Class A
   shares. ACS has advised the Fund that for the six months ended June 30,
   2018, the proceeds received from redemptions are as follows:


                                                     
                    Class A............................ $17


   The Fund has entered into a Service Agreement with AIG Fund Services, Inc.
   ("AFS"), an affiliate of the Adviser. Under the Service Agreement, AFS
   performs certain shareholder account functions by assisting the Fund's
   transfer agent in connection with the services that it offers to the
   shareholders of the Fund. The Service Agreement, which permits the Fund to
   compensate AFS for services rendered based upon the annual rate of 0.22% of
   average daily net assets, is approved annually by the Board. For the six
   months ended June 30, 2018, the Fund incurred the following expenses which
   are included in transfer agent fees and expenses payable line in the
   Statement of Assets and Liabilities and in transfer agent fees and expenses
   in the Statement of Operations to compensate AFS pursuant to the terms of
   the Service Agreement:



                                                         PAYABLE AT
                                               EXPENSES JUNE 30, 2018
                                               -------- -------------
                                                  
           Class A............................ $115,669    $18,876
           Class I............................   12,714      2,187


Note 4. Federal Income Taxes

   The following details the tax basis of distributions as well as the
   components of distributable earnings. The tax basis components of
   distributable earnings differ from the amounts reflected in the Statement of
   Assets and Liabilities by temporary book/tax differences primarily arising
   from dividends payable.



              DISTRIBUTABLE EARNINGS                TAX DISTRIBUTIONS
     -----------------------------------------    -------------------------------------
       FOR THE YEAR ENDED DECEMBER 31, 2017       FOR THE YEAR ENDED DECEMBER 31, 2017
     -----------------------------------------    -------------------------------------
               LONG-TERM GAINS/    UNREALIZED
     ORDINARY  CAPITAL AND OTHER  APPRECIATION    ORDINARY           LONG-TERM
     INCOME         LOSSES        (DEPRECIATION)  INCOME            CAPITAL GAINS
     --------  -----------------  --------------  --------          -------------
                                                        
     $3,030          $ --             $(5)        $56,668               $ --


   On December 22, 2017, the Tax Cuts and Jobs Act (the "Act") was signed into
   law. Certain provisions of the Act were effective upon enactment with the
   remainder becoming effective for tax years beginning after December 31,
   2017. Management is currently evaluating the impact, if any, on the
   financial statements and the accompanying notes to financial statements.

Note 5. Capital Share Transactions

   Transactions in each class of shares of the Fund (at $1.00 per share) were
   as follows:



                                   CLASS A                    CLASS I
                          -------------------------  ------------------------
                            FOR THE                    FOR THE
                          SIX MONTHS                 SIX MONTHS
                             ENDED       FOR THE        ENDED      FOR THE
                           JUNE 30,     YEAR ENDED    JUNE 30,    YEAR ENDED
                             2018      DECEMBER 31,     2018     DECEMBER 31,
                          (UNAUDITED)      2017      (UNAUDITED)     2017
                          -----------  ------------  ----------- ------------
                                                     
 Shares sold.............  25,115,056  $ 49,647,887   7,605,961  $ 10,510,780
 Reinvested dividends....     278,995        38,824      44,663        17,432
 Shares redeemed......... (27,974,136)  (46,982,542) (7,250,689)  (11,766,573)
                          -----------  ------------  ----------  ------------
 Net increase (decrease).  (2,580,085) $  2,704,169     399,935  $ (1,238,361)
                          ===========  ============  ==========  ============


                                                                          15





        SUNAMERICA MONEY MARKET FUNDS, INC.
        NOTES TO FINANCIAL STATEMENTS -- JUNE 30, 2018 -- (UNAUDITED)
        (CONTINUED)


Note 6. Interfund Lending Agreement

   Pursuant to the exemptive relief granted by the SEC, the Fund is permitted
   to participate in an interfund lending program among investment companies
   advised by SunAmerica or an affiliate. The interfund lending program allows
   the participating Funds to borrow money from and lend money to each other
   for temporary or emergency purposes. An interfund loan will be made under
   this facility only if the participating Funds receive a more favorable
   interest rate than would otherwise be available from a typical bank for a
   comparable transaction. For the six months ended June 30, 2018, the Fund did
   not participate in this program.

16








        SUNAMERICA MONEY MARKET FUNDS, INC.
        APPROVAL OF THE INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT --
        JUNE 30, 2018 -- (UNAUDITED)

The Board of Directors (the "Board," the members of which are referred to as
"Directors") of SunAmerica Money Market Funds, Inc. (the "Corporation"),
including the Directors who are not "interested persons," as defined in
Section 2(a)(19) of the Investment Company Act of 1940, as amended (the "1940
Act") (the "Independent Directors"), of the Corporation or its separate series
or SunAmerica Asset Management, LLC ("SunAmerica"), approved the continuation
of the Investment Advisory and Management Agreement between the Corporation, on
behalf of the AIG Government Money Market Fund (the "Fund"), and SunAmerica
(the "Advisory Agreement") for a one-year period ending June 30, 2019 at an
in-person meeting held on June 5-6, 2018 (the "Meeting"). The Fund is the only
current series of the Corporation.

In accordance with Section 15(c) of the 1940 Act, the Board requested and
SunAmerica provided materials relating to the Board's consideration of whether
to approve the continuation of the Advisory Agreement. These materials
included: (a) a summary of the services provided to the Fund by SunAmerica and
its affiliates; (b) information independently compiled and prepared by
Broadridge Financial Solutions, Inc. ("Broadridge"), an independent third-party
provider of mutual fund data, on fees and expenses of the Fund, and the
investment performance of the Fund as compared with a peer group of funds,
along with fee and performance data with respect to the Fund and any other
mutual funds or other accounts advised or subadvised by SunAmerica with similar
investment objectives and/or strategies, as applicable; (c) information on the
profitability of SunAmerica, and its affiliates, and a discussion relating to
indirect benefits; (d) information relating to economies of scale;
(e) information about SunAmerica's general compliance policies and procedures;
(f) information about SunAmerica's risk management processes; (g) information
about brokerage and soft dollar practices; and (h) information about the key
personnel of SunAmerica, and its affiliates, that are involved in the
investment management, administration, compliance and risk management
activities with respect to the Fund, as well as current and projected staffing
levels and compensation practices.

In determining whether to approve the continuation of the Advisory Agreement,
the Board, including the Independent Directors, considered at the Meeting, and
from time to time as appropriate, factors that it deemed relevant, including
the following information:

NATURE, EXTENT AND QUALITY OF SERVICES PROVIDED BY SUNAMERICA

The Board, including the Independent Directors, considered the nature, extent
and quality of services provided by SunAmerica. The Board noted that the
services include acting as investment manager and adviser to the Fund, managing
the daily business affairs of the Fund, and obtaining and evaluating economic,
statistical and financial information to formulate and implement investment
policies. Additionally, the Board observed that SunAmerica provides office
space, bookkeeping, accounting, legal and compliance, clerical and
administrative services and has authorized its officers and employees, if
elected, to serve as officers or Directors of the Corporation without
compensation. The Board noted that SunAmerica is responsible for monitoring and
reviewing the activities of affiliated and unaffiliated third-party service
providers. In addition to the quality of the advisory services provided by
SunAmerica, the Board considered the quality of the administrative and other
services provided by SunAmerica to the Fund pursuant to the Advisory Agreement.

In connection with the services provided by SunAmerica, the Board analyzed the
structure and duties of SunAmerica's fund administration, accounting,
operations, legal and compliance departments and concluded that they were
adequate to meet the needs of the Fund. The Board also reviewed the personnel
responsible for providing advisory services to the Fund and other key personnel
of SunAmerica in addition to current and projected staffing levels and
compensation practices and concluded, based on its experience and interaction
with SunAmerica, that: (i) SunAmerica would continue to be able to retain
quality investment and other personnel; (ii) SunAmerica has exhibited a high
level of diligence and attention to detail in carrying out its advisory and
other responsibilities under the Advisory Agreement; (iii) SunAmerica has been
responsive to requests of the Board; and (iv) SunAmerica has kept the Board
apprised of developments relating to the Fund and the industry in general. The
Board concluded that the nature and extent of services provided under the
Advisory Agreement were reasonable and appropriate in relation to the
management fee and that the quality of services continues to be high.

The Board also considered SunAmerica's reputation and long-standing
relationship with the Fund and considered the benefit to shareholders of
investing in funds that are part of a family of funds offering a variety of
types of mutual funds

                                                                          17





        SUNAMERICA MONEY MARKET FUNDS, INC.
        APPROVAL OF THE INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT --
        JUNE 30, 2018 -- (UNAUDITED) (CONTINUED)

and shareholder services. The Board considered SunAmerica's experience in
providing management and investment advisory and administrative services to
advisory clients and noted that as of March 31, 2018, SunAmerica managed,
advised and/or administered approximately $89.5 billion in assets. In addition,
the Board considered SunAmerica's code of ethics and its commitment to
compliance generally and with respect to its management and administration of
the Fund. The Board also considered SunAmerica's risk management processes. The
Board further observed that SunAmerica has developed internal procedures for
monitoring compliance with the investment objectives, policies and restrictions
of the Fund as set forth in the Fund's prospectus. The Board also reviewed
SunAmerica's compliance and regulatory history and noted that there were no
material legal, regulatory or compliance issues that would potentially impact
SunAmerica in effectively serving as the investment adviser to the Fund.

INVESTMENT PERFORMANCE

The Board, including the Independent Directors, also considered the investment
performance of SunAmerica with respect to the Fund. In connection with its
review, the Board received and reviewed information regarding the investment
performance of the Fund as compared to the Fund's peer group ("Peer Group")
and/or peer universe ("Peer Universe") as independently determined by
Broadridge and to an appropriate index or combination of indices. The Board was
provided with a description of the methodology used by Broadridge to select the
funds in the Peer Group and Peer Universe.

The Board noted that performance information was for the periods ended
March 31, 2018. The Board also noted that it regularly reviews the performance
of the Fund throughout the year. The Board further noted that, while it
monitors performance of the Fund closely, it generally attaches more importance
to performance over relatively long periods of time, typically three to five
years.

The Board considered that the Fund's performance was below the medians of its
Peer Group and Peer Universe for the one-, three- and five-year periods. The
Board also considered that the Fund underperformed its Broadridge Index for the
one-, three- and five-year periods. The Board further considered the narrow
range of returns among the funds in the Peer Group and Peer Universe. The Board
then noted management's discussion of the Fund's performance, including the
impact of the Fund's conversion to a government money market fund due to lower
yields on government securities generally compared to non-governmental
securities.

The Board further noted that money market funds, in general, have been
operating in a difficult and low-yielding market environment for an extended
period of time and recent regulatory reforms have affected money market funds'
performance. The Board also considered the voluntary fee waivers and/or expense
reimbursements being made by SunAmerica with respect to the Fund in order to
avoid a negative yield. The Board concluded that the Fund's performance was
satisfactory in light of all factors considered.

CONSIDERATION OF THE MANAGEMENT FEES AND THE COST OF THE SERVICES AND PROFITS
TO BE REALIZED BY SUNAMERICA AND ITS AFFILIATES FROM THE RELATIONSHIP WITH THE
FUND

The Board, including the Independent Directors, received and reviewed
information regarding the fees paid by the Fund to SunAmerica pursuant to the
Advisory Agreement. The Board examined this information in order to determine
the reasonableness of the fees in light of the nature and quality of services
to be provided and any potential additional benefits to be received by
SunAmerica or its affiliates in connection with providing such services to the
Fund.

To assist in analyzing the reasonableness of the management fee for the Fund,
the Board received reports independently prepared by Broadridge. The reports
showed comparative fee information for the Fund's Peer Group and/or Peer
Universe as determined by Broadridge, including rankings within each category.
In considering the reasonableness of the management fee to be paid by the Fund
to SunAmerica, the Board reviewed a number of expense comparisons, including:
(i) contractual and actual management fees; and (ii) actual total operating
expenses. In considering the Fund's total operating expenses, the Board
analyzed the level of fee waivers and/or expense reimbursements and the net
expense caps contractually agreed upon by SunAmerica with respect to Class I
shares of the Fund. The Board also considered the voluntary fee waivers and/or
expense reimbursements being made by SunAmerica with respect to the Fund in
order to avoid a negative yield. The Board further considered that, unlike the
funds in the Peer Group and Peer

18





        SUNAMERICA MONEY MARKET FUNDS, INC.
        APPROVAL OF THE INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT --
        JUNE 30, 2018 -- (UNAUDITED) (CONTINUED)

Universe, the full amount of the fee waivers and/or reimbursements being made
by SunAmerica with respect to the Fund are not applied against the actual
management fees cited the Broadridge reports. As a result, the Board took into
account that the actual management fees presented by Broadridge for the funds
in the Peer Group and Peer Universe may appear lower on a relative basis. The
Board also considered the various expense components of the Fund and compared
the Fund's net expense ratio (taking into account the contractual fee caps and
waivers) to those of other funds within its Peer Group and/or Peer Universe as
a guide to help assess the reasonableness of the management fee for the Fund.
The Board acknowledged that it was difficult to make precise comparisons with
other funds in the Peer Group and Peer Universe since the exact nature of
services provided under the various fund agreements is often not apparent. The
Board noted, however, that the comparative fee information provided by
Broadridge as a whole was useful in assessing whether SunAmerica was providing
services at a cost that was competitive with other, similar funds.

The Board considered that the Fund's actual management fees were above the
medians of its Peer Group and Peer Universe. The Board also considered that the
Fund's total expenses were above the medians of its Peer Group and Peer
Universe. The Board noted that the Fund's advisory fee contains breakpoints and
further noted management's discussion regarding the Fund's expenses.

The Board further considered management fees received by SunAmerica with
respect to other mutual funds and accounts with similar investment strategies
to the Fund. The Board noted that the mutual funds identified as similar to the
Fund are sold only in the variable annuity market and, accordingly, are in
different Broadridge classifications, with peer groups consisting of funds
underlying variable insurance products. The Board further noted that SunAmerica
serves as subadviser to certain of these similar mutual funds and observed that
the services SunAmerica provides as subadviser are much more limited in scope
than in its role as investment manager and adviser to the Fund. The Board then
noted the management fee paid by the Fund was reasonable as compared to the
fees SunAmerica was receiving from other mutual funds and accounts for which it
serves as adviser or subadviser.

PROFITABILITY

The Board also considered SunAmerica's profitability and the benefits
SunAmerica and its affiliates received from its relationship with the Fund. The
Board received and reviewed financial statements relating to SunAmerica's
financial condition and profitability with respect to the services it provided
the Fund and considered how profit margins could affect SunAmerica's ability to
attract and retain high quality investment professionals and other key
personnel. The Board was also provided with a profitability analysis that
detailed the revenues earned and the expenses incurred by SunAmerica and its
affiliates that provide services to the Fund. In particular, the Board
considered the contractual fee waiver and/or expense reimbursements agreed to
by SunAmerica, as well as the voluntary fee waivers being made by SunAmerica to
avoid a negative yield.

The Board considered the profitability of SunAmerica under the Advisory
Agreement, and considered the profitability of SunAmerica's affiliates under
the Rule 12b-1 Plans, Service Agreement and Administrative and Shareholder
Services Agreements. Additionally, the Board considered whether SunAmerica and
its affiliates received any indirect benefits from the relationship with the
Fund. Specifically, the Board observed that AIG Federal Savings Bank, an
affiliate of SunAmerica, serves as custodian with respect to certain
shareholder retirement accounts that are administered by SunAmerica and
receives a fee payable by the qualifying shareholders. The Board further
considered whether there were any collateral or "fall-out" benefits that
SunAmerica and its affiliates may derive as a result of their relationship with
the Fund. The Board noted that SunAmerica believes that any such benefits are
de minimis and do not impact the reasonableness of the management fees.

The Board concluded that SunAmerica had the financial resources necessary to
perform its obligations under the Advisory Agreement and to continue to provide
the Fund with the high quality services that they had provided in the past. The
Board also concluded that the management fee was reasonable in light of the
factors discussed above.

                                                                          19





        SUNAMERICA MONEY MARKET FUNDS, INC.
        APPROVAL OF THE INVESTMENT ADVISORY AND MANAGEMENT AGREEMENT --
        JUNE 30, 2018 -- (UNAUDITED) (CONTINUED)


ECONOMIES OF SCALE

The Board, including the Independent Directors, considered whether the
shareholders would benefit from economies of scale and whether there was
potential for future realization of economies with respect to the Fund. The
Board considered that as a result of being part of the AIG fund complex, the
Fund shares common resources and may share certain expenses, and if the size of
the complex increases, the Fund could incur lower expenses than it otherwise
would achieve as a stand-alone entity. The Board also took into account that
the Fund had management fee arrangements that included breakpoints that will
adjust the fee downward as the size of the Fund increases, thereby allowing the
shareholders to potentially participate in any economies of scale. The Board
further noted that SunAmerica has agreed to contractually cap the total annual
operating expenses of the Class I shares of the Fund at certain levels. The
Board observed that this expense cap benefited shareholders by limiting total
fees even in the absence of breakpoints or economies of scale. The Board
concluded that the Fund's management fee structures were reasonable and that it
would continue to review fees in connection with the renewal of the Advisory
Agreement, including whether the implementation of additional breakpoints would
be appropriate in the future due to an increase in asset size or otherwise.

OTHER FACTORS

In consideration of the Advisory Agreement, the Board also received information
regarding SunAmerica's brokerage and soft dollar practices. The Board
considered that SunAmerica is responsible for decisions to buy and sell
securities for the Fund, selection of broker-dealers and negotiation of
commission rates. The Board noted that it receives reports from SunAmerica and
from an independent third party which include information on brokerage
commissions and execution throughout the year. The Board also considered the
benefits SunAmerica derives from its soft dollar arrangements, including
arrangements under which brokers provide brokerage and/or research services to
SunAmerica in return for allocating brokerage; however, the Board noted that
the securities in which the Fund invests are traded primarily in the
over-the-counter market on a "net" basis with dealers acting as principal for
their own accounts without a stated commission (although the price of the
security usually includes a profit to the dealer) and, therefore, the Fund
generally does not incur brokerage commissions. Accordingly, the Board observed
that SunAmerica typically would not receive soft dollar benefits in return for
allocating the Fund's brokerage transactions. The Board further observed that
when making purchases of new issues with fixed underwriting fees, SunAmerica
may designate the use of broker dealers who have agreed to provide certain
statistical, research and other information.

CONCLUSION

After a full and complete discussion, the Board approved the Advisory Agreement
with respect to the Fund for a one-year period ending June 30, 2019. Based upon
its evaluation of all these factors in their totality, the Board, including the
Independent Directors, was satisfied that the terms of the Advisory Agreement
were fair and reasonable and in the best interests of the Fund and the Fund's
shareholders. In arriving at a decision to approve the Advisory Agreement, the
Board did not identify any single factor or group of factors as all-important
or controlling, but considered all factors together, and each Independent
Director may have attributed different weights to different factors. The
Independent Directors were also assisted by the advice of independent legal
counsel in making this determination.

20






[LOGO]
AIG Funds
HARBORSIDE 5
185 HUDSON STREET, SUITE 3300
JERSEY CITY, NJ 07311


                                                
DIRECTORS/TRUSTEES         VOTING PROXIES ON FUND     DISCLOSURE OF QUARTERLY
 Dr. Judith L. Craven      PORTFOLIO SECURITIES       PORTFOLIO HOLDINGS
 William F. Devin          A description of the       The Fund is required to
 Richard W. Grant          policies and procedures    file its complete
 Stephen J. Gutman         that the Funds use to      schedule of portfolio
 Peter A. Harbeck          determine how to vote      holdings with the U.S.
 Eileen A. Kamerick        proxies relating to        Securities and Exchange
OFFICERS                   secu-rities held in the    Commission for its first
 John T. Genoy, President  Funds' portfolios which    and third fiscal quarters
   and Chief Executive     is available in the        on Form N-Q. The Fund's
   Officer                 Funds' State-ment of       Forms N-Q are available
 Gregory R. Kingston,      Additional Information     on the U.S. Securities
   Treasurer               may be obtained without    and Exchange Commission's
 James Nichols, Vice       charge upon re-quest, by   website at
   President               calling (800) 858-8850.    http://www.sec.gov. You
 Gregory N. Bressler,      This information is also   can also review and
   Secretary               available from the EDGAR   obtain copies of the
 Kathleen Fuentes, Chief   database on the U.S.       Forms N-Q at the U.S.
   Legal Officer and       Secu-rities and Exchange   Securities and Exchange
   Assistant Secretary     Commission's website at    Commission's Public
 Donna McManus, Vice       http://www.sec.gov.        Reference Room in
   President and           DELIVERY OF SHAREHOLDER    Washington, DC
   Assistant Treasurer     DOCUMENTS                  (information on the
 Shawn Parry, Vice         The Funds have adopted a   operation of the Public
   President and           policy that allows them    Reference Room may be
   Assistant Treasurer     to send only one copy of   obtained by calling
 Matthew J. Hackethal,     a Fund's prospectus,       1-800-SEC-0330).
   Acting Chief            proxy material, annual     PROXY VOTING RECORD ON
   Compliance Officer,     report and semi-annual     FUND PORTFOLIO SECURITIES
   Anti-Money Laundering   report (the "shareholder   Information regarding how
   Compliance Officer      documents") to             the Funds voted proxies
INVESTMENT ADVISER         shareholders with          relating to securities
 SunAmerica Asset          multiple accounts          held in the Fund's
   Management, LLC         residing at the same       portfolio during the most
 Harborside 5              "household." This          recent twelve month
 185 Hudson Street, Suite  practice is called         period ended June 30 is
   3300                    householding and reduces   available, once filed
 Jersey City, NJ 07311     Fund expenses, which       with the U.S. Securities
DISTRIBUTOR                benefits you and other     and Exchange Commission,
 AIG Capital Services,     shareholders. Unless the   without charge, upon
   Inc.                    Funds receive              request, by calling (800)
 Harborside 5              instructions to the        858-8850 or on the U.S.
 185 Hudson Street, Suite  contrary, you will only    Securities and Exchange
   3300                    receive one copy of the    Commission's website at
 Jersey City, NJ 07311     shareholder documents.     http://www.sec.gov.
SHAREHOLDER SERVICING      The Funds will continue    This report is submitted
AGENT                      to household the           solely for the general
 AIG Fund Services, Inc.   shareholder documents      information of
 Harborside 5              indefinitely, until we     shareholders of the Fund.
 185 Hudson Street, Suite  are instructed otherwise.  Distribution of this
   3300                    If you do not wish to      report to persons other
 Jersey City, NJ 07311     participate in             than shareholders of the
TRANSFER AGENT             householding, please       Fund is authorized only
 DST Asset Manager         contact Shareholder        in connection with a
   Solutions, Inc.         Services at                currently effective
 303 W 11/th/ Street       (800) 858-8850 ext. 6010   prospectus, setting forth
 Kansas City, MO 64105     or send a written request  details of the Fund,
CUSTODIAN                  with your name, the name   which must precede or
 State Street Bank and     of your fund(s) and your   accompany this report.
   Trust Company           account member(s) to AIG
 One Lincoln St.           Funds, P.O. Box 219186,
 Boston, MA 02111          Kansas City MO,
                           64121-9186. We will
                           resume individual
                           mailings for your account
                           within thirty (30) days
                           of receipt of your
                           request.







                                    [GRAPHIC]



GO PAPERLESS!!

DID YOU KNOW THAT YOU HAVE THE OPTION TO
RECEIVE YOUR SHAREHOLDER REPORTS ONLINE?

By choosing this convenient service, you will no longer receive paper copies of
Fund documents such as annual reports, semi-annual reports, prospectuses and
proxy statements in the mail. Instead, you are provided with quick and easy
access to this information via the Internet.
Why Choose Electronic Delivery?

IT'S QUICK -- Fund documents will be received faster than via traditional mail.

IT'S CONVENIENT -- Elimination of bulky documents from personal files.

IT'S COST EFFECTIVE -- Reduction of your Fund's printing and mailing costs.

TO SIGN UP FOR ELECTRONIC DELIVERY, FOLLOW
THESE SIMPLE STEPS:


                    

                   1   GO TO WWW.AIG.COM/FUNDS

                   2   CLICK ON THE LINK TO "GO PAPERLESS!!"


The email address you provide will be kept strictly confidential. Once your
enrollment has been processed, you will begin receiving email notifications
when anything you receive electronically is available online.

You can return to www.aig.com/funds at any time to change your email
address, edit your preferences or to cancel this service if you choose to
resume physical delivery of your Fund documents.

Please note - this option is only available to accounts opened through the
Funds.




FOR INFORMATION ON RECEIVING THIS REPORT ONLINE, SEE INSIDE BACK COVER.

AIG FUNDS ARE ADVISED BY SUNAMERICA ASSET MANAGEMENT, LLC (SAAMCO) AND
DISTRIBUTED BY AIG CAPITAL SERVICES, INC. (ACS), MEMBER FINRA. Harborside 5,
185 Hudson Street, Suite 3300, Jersey City, NJ 07311, 800-858-8850. SAAMCo and
ACS are members of American International Group, Inc. (AIG).

This fund report must be preceded by or accompanied by a prospectus.

Investors should carefully consider a Fund's investment objectives, risks,
charges and expenses before investing. The prospectus, containing this and
other important information, can be obtained from your financial adviser, the
AIG Funds Sales Desk at 800-858-8850, ext. 6003, or at aig.com/funds. Read the
prospectus carefully before investing.

[LOGO]

aig.com/funds

MMSAN - 6/18



Item 2.  Code of Ethics

         Not applicable.

Item 3.  Audit Committee Financial Expert.

         Not applicable.

Item 4.  Principal Accountant Fees and Services.

         Not applicable.

Item 5.  Audit Committee of Listed Registrants.

         Not applicable.

Item 6.  Investments.

         Included in Item 1 to the Form.

Item 7.  Disclosure of Proxy Voting Policies and Procedures for Closed-End
         Management Investment Companies.

         Not applicable.

Item 8.  Portfolio Managers of Closed-End Management Investment Companies.

         Not applicable.

Item 9.  Purchases of Equity Securities by Closed-End Management Investment
         Company and Affiliated Purchasers.

         Not applicable.

Item 10. Submission of Matters to a Vote of Security Holders.

         There were no material changes to the procedures by which shareholders
         may recommend nominees to the registrant's Board of Directors that
         were implemented after the registrant last provided disclosure in
         response to the requirements of Item 407(c)(2)(iv) of Regulation S-K
         (17 CFR 229.407) (as required by Item 22(b)(15)) of Schedule 14A (17
         CFR 240.14a - 101), or this Item 10.

Item 11. 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 in 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 of the period covered by this report
         that has materially affected, or is reasonably likely to materially
         affect, the registrant's internal control over financial reporting.

Item 12. Disclosure of Securities Lending Activities for Closed-End Management
         Investment Companies.

         Not applicable.

Item 13. Exhibits.

     (a) (1) Not applicable.

         (2) 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.

         (3) Not applicable.

     (b) Certification pursuant to Rule 30a-2(b) under the Investment Company
         Act of 1940 (17 CFR 270.30a-2(a)) and Section 906 of the
         Sarbanes-Oxley Act of 2002 attached hereto as Exhibit 99.906.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: September 7, 2018

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: September 7, 2018

By:  /s/ Gregory R. Kingston
     --------------------------
     Gregory R. Kingston
     Treasurer

Date: September 7, 2018