Lord Abbett Family of Funds; Lord, Abbett & Co. LLC; Lord Abbett Distributor LLC; Lord Abbett, like all mutual fund companies, is required by the Securities and Exchange Commission to share its privacy policy with shareholders.

Your privacy is important to us. We respect every individual's right to privacy and security of information that personally identifies you or your Account with us. That is why we are committed to our Privacy Policy, which is outlined below.

We will safeguard, according to strict standards of security and confidentiality, any nonpublic personal information our customers share with us. We do not sell personal information to anyone.

We collect personal information, such as your name, address and social security number, from the applications or other forms that you complete, through your use of our website, and from market research companies. We also collect information about your transactions with us or others, such as your Account balance, investment history and parties to transactions. We may share nonpublic personal information with companies that perform administrative or other services on our behalf such as transfer agents, printers and other service providers to effect transactions that you request or authorize. In order to provide you better products and services, we may disclose information to companies that perform marketing services on our behalf or to other financial institutions with which we have joint marketing agreements. We require these companies to protect the confidentiality of your nonpublic personal information and to use it only for the purposes for which the disclosure is made. We do not otherwise share nonpublic personal information we collect about you or any of our former customers with anyone, except as required or permitted by law.

We protect the integrity and privacy of your information in a number of ways. We restrict access to nonpublic personal information about you to those employees who need to know that information to provide products or services to you. We maintain physical, electronic and procedural safeguards to guard your nonpublic personal information.

The accuracy of your personal information is important. If you need to correct or update your personal or Account information, please call us at 800-821-5129. We will be happy to review, correct or update your personal or Account information.

A prospectus contains important information about a fund, including its investment objectives, risks, charges, and ongoing expenses, which an investor should carefully consider before investing. To obtain a prospectus on any Lord Abbett mutual fund, please contact your investment professional or Lord Abbett Distributor LLC at 1-888-522-2388 or visit us at www.lordabbett.com. Read the prospectus carefully before investing. Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity and involve investment risks, including possible loss of principal amount invested.