In an ongoing effort to improve the quality of our clients' investment experience and to better meet their evolving investment needs, Lord Abbett offers a reduced sales charge for the Class A shares of the following taxable and tax-free fixed-income funds:

Taxable Fixed-Income Funds

• Convertible Fund
  
  
• Core Fixed Income Fund
  
  
• Emerging Markets Currency Fund
  
  
• Floating Rate Fund
  
  
• High Yield Fund
  
  
• Income Fund
  
  
• Inflation Focused Fund
  
  
• Short Duration Income Fund
  
  
• Total Return Fund
  

Tax-Free Funds

• AMT Free Municipal Bond Fund
  
  
• High Yield Municipal Bond Fund
  
  
• Intermediate Tax Free Fund
  
  
• National Tax Free Fund 
  
  
• Short Duration Tax Free Fund
  
  
• California Tax Free Fund 
  
  
• New York Tax Free Fund 
  
  
• New Jersey Tax Free Fund
  
  

The reduced sales charge schedule will be as follows:

New Sales Charge Schedule (Class A Shares)   Single Purchase Sales Charge Dealers Concession Less than $100,000 2.25% 2.00% $100,000 - $249,999  1.75% 1.50% $250,000 - $499,999 1.25% 1.00% $500,000 - $999,999 None* 1.00% $1,000,000 - $5,000,000 None* 1.00% Next $5 million above that None* 0.55% Next $40 million above that None* 0.50% Over $50 million None* 0.25%

*Class A shares of all Lord Abbett funds purchased at commissionable net asset value (NAV) will be eligible for a 12b-1 trail commission starting in the 13th month after purchase and will be subject to a CDSC of 1% if they are redeemed before the first day of the month in which the one-year anniversary of the furchase falls.

For more details, please click the PDF link to access the updated Lord Abbett Commission Flyer.  For questions or clarification, please call 888-522-2388. 

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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 $109.8 billion in assets (as of December 31, 2010), offering a full range of mutual funds, institutional, and individually managed accounts, and manages two of the nation's oldest mutual funds.

We strongly suggest you contact your financial advisor before making any investment decision.

Investors should carefully consider the investment objectives, risks, charges, and expenses of the Lord Abbett funds. This and other important information is contained in each fund's summary mutual fund, 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 you invest.

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.