Growth Leaders Fund (LGLAX) - Class A

Important Information
Maximum Offering Price (MOP) - Returns with sales charges reflect applicable fees and expenses and include all distributions reinvested.
Net Asset Value (NAV) - Returns shown at net asset value have all distributions reinvested. If a sales charge had been deducted, the results would have been lower.
Returns shown at less than a year reflect aggregate total returns.
Instances of high double-digit returns were achieved primarily during favorable market conditions and may not be sustainable over time.

Class A- Except as noted below, returns with sales charges reflect a maximum sales charge of 5.75% for equity and strategic allocation funds, 4.75% for Lord Abbett Bond Debenture Fund, and 2.25% for all tax-free income funds and taxable fixed income funds (except for Lord Abbett Bond Debenture Fund). There are also ongoing 12b-1 service fees (and, in certain cases, distribution fees).

Class A Shares purchased subject to a front-end sales charge have no contingent deferred sales charge (CDSC). However, certain purchases of Class A shares made without a front-end sales charge may be subject to a CDSC of 1% if the shares are redeemed before the first day of the month in which the one year anniversary of the purchase falls. The CDSC is not reflected in the performance with maximum sales charge.

The Lord Abbett Growth Leaders Fund is a newly formed mutual fund that commenced investment operations on 06/30/2011. Because the Fund has a limited operating history, the performance information available at this time is very limited. The Fund's performance achieved during its initial period of investment operation may not be replicated over longer periods and is not indicative of how the Fund will perform in the future.

A Note about Risk: The Fund invests primarily in large, mid, and small cap growth company stocks. Mid and small cap stocks tend to be more volatile and can be less liquid than other types of stocks. Mid and small cap companies may also have more limited product lines, markets, or financial resources and typically experience a higher risk of failure than large companies. Larger companies may have slower rates of growth than smaller companies. The value of investments in equity securities will fluctuate in response to general economic conditions and to changes in the prospects of particular companies and/or sectors in the economy. Investments in foreign (including emerging market) companies generally pose greater risks than those of domestic companies, including market, liquidity, currency, and political risks. The Fund is newly organized. There can be no assurance that the Fund will reach or maintain a sufficient asset size to effectively implement its investment strategy. These factors can affect Fund performance.

Important Information
The information presented in this section is intended for general information and is not intended to be relied upon and should not be relied upon, as financial, legal or tax advice for any particular investor. We strongly recommend that you contact your financial, legal or tax advisor regarding your particular tax situation.

The information presented in this section is not written or intended to be used, and cannot be used, for the purpose of avoiding any tax liabilities or penalties.

¹ The Fund’s dividend yield is shown without sales charges (at NAV) and with maximum sales charges (at MOP). The Fund’s dividend yield takes into account any fee waiver or expense limitation arrangements, if any. Without such fee waivers or expense limitation arrangements, the Fund’s dividend yield would have been lower. Information regarding any fee waivers or expense limitation arrangements applicable to the Fund is provided with the Fund’s expense ratio information.

² The Fund’s unsubsidized dividend yield is shown without sales charges (at NAV) and with maximum sales charges (at MOP). The Fund’s unsubsidized dividend yield reflects what the yield would have been without the affect of fee waivers or expense limitation arrangements.