Jersey City, NJ – November 19, 2009 –Lord, Abbett & Co. LLC (“Lord Abbett”), an independent, privately held investment management firm, announced the launch of its new Website for financial advisors (www.lordabbett.com/advisor).  This advisor portal offers easy access to the firm's award-winning interactive tools and content across three key areas:  investment solutions, market insights, and practice management.  Designed with the advisor in mind, the new Website offers a full range of resources that can help advisors build and grow their business.

The site provides an extensive array of enhancements to existing content, new easy-to-use features, interactive and business-building tools, and the firm’s first foray into social media with a presence on Twitter (www.twitter.com/lordabbett).   “Advisors have always relied on our regional sales managers, internal consultants, and portfolio specialists for their expertise and insight.  This new Website provides a simple way for advisors to access many additional resources anytime they are needed,” said Mike Weldon, Lord Abbett Partner & Director of Marketing, “and brings our role as ‘advisor to the advisor’ to another level.”

Earlier this year, the firm conducted one-on-one interviews with a range of advisors across all channels—wirehouse, regional, independent, and RIA—to determine which features advisors wanted most in an asset manager site.  "We wanted to understand what advisors were looking for in an ‘ideal site,’ and we set out to build that," said Weldon.  "Their valuable input served as the building blocks for the structure, content, and interface of this new site."

Key features and highlights include:
Investment Solutions

• Easy-to-access product information:  "One-click" homepage access to all critical product-related data, including a useful "Fund Watch" feature.  "This information was consistently cited by advisors as the primary reason for visiting an asset manager site," said Weldon.
• Morningstar hypothetical and portfolio analyzer tools :  Not limited to only Lord Abbett funds, advisors can include any open-ended mutual funds in their analyses and hypothetical illustrations.

Market Insights

• Extensive audio and video content:  Advisors can follow Senior Economist and Market Strategist Milton Ezrati, Fixed Income Strategist Zane Brown, as well as portfolio managers, retirement specialists, and other Lord Abbett experts on www.twitter.com/lordabbett.  A series of five different video programs also were created to feature Lord Abbett's frequent and insightful market commentaryon the economy, markets, investments, and retirement.  A new RSS feed will allow advisors to have this information automatically "pushed" to their e-mail or personal homepage.  In addition, Ezrati will now offer his weekly Economic Insights via audio podcast and will be featured on video as well.  "Our market commentary has always had a tremendous following among financial advisors. Now, it will be even easier to follow and find," said Weldon.
• Lord Abbett Exchange enhancements:  Celebrating its sixth anniversary, Lord Abbett Exchange is the firm’s program of interactive advisor-training “Webinars” and conference calls.  The new Website will offer more robust calendar and sign-up features for these programs, as well as easier access to event replays.

Practice Management

• Lord Abbett Advisor Intelligence:  A data-mining and prospecting tool to help advisors enhance their business through new and existing client relationships, Advisor Intelligence was a 2009 recipient of the CIO Magazine  “CIO 100” Award, which recognizes organizations around the world that exemplify the highest level of operational and strategic excellence in information technology.
• Business-building ideas:  Features Lord Abbett's proprietary practice management content and aggregates the "best-ideas" from leading publications and experts from across the industry.

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About Lord Abbett
Lord, Abbett & Co. LLC is an independent, privately held firm with a singular focus on the management of money. As one of the oldest money management firms in the United States, we have consistently provided generations of clients and their financial advisors with a quality investment experience since 1929. We approach our business as a craft, driven by core fundamentals: an unwavering discipline and commitment to a reproducible process; integrity that is as much an asset as the portfolios we manage; accountability for every decision we make; dedication to the prudent stewardship of our clients’ assets; and intellectual rigor across all aspects of our business. As a trusted steward, Lord Abbett manages approximately $84 billion in assets (as of September 30, 2009), offering a full range of mutual funds, institutional, and individually managed accounts, and manages two of the nation’s oldest mutual funds.

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 for any Lord Abbett mutual fund, please contact your investment professional or Lord Abbett Distributor LLC at (888) 522-2388, or visit us at www.lordabbett.com. Read the prospectus carefully before investing.

Lord Abbett mutual fund shares are distributed by Lord Abbett Distributor LLC.

Shares of Lord Abbett mutual funds are not deposits or obligations of any bank, are not guaranteed by any bank, and are not insured by the FDIC or any other agency, and involve investment risks, including the possible loss of principal amount invested.