Image alt tag

Error!

X

There was a problem contacting the server. Please try after sometime.

Sorry, we are unable to process your request.

Error!

X

We're sorry, but the Insights and Intelligence Tool is temporarily unavailable

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Error!

X

We're sorry, but the Literature Center checkout function is temporarily unavailable.

If this problem persists, or if you need immediate assistance, please contact Customer Service at 1-888-522-2388.

Tracked Funds

You have 0 funds on your mutual fund watch list.

Begin by selecting funds to create a personalized watch list.

(as of 12/05/2015)

Pending Orders

You have 0 items in your cart.

Subscribe and order forms, fact sheets, presentations, and other documents that can help advisers grow their business.

A verification Email Has Been Sent

Close

An email verification email has been sent to .
Follow the instructions to complete the email validation process.

I have not received my verification email

Check your SPAM mailbox and make sure that twelcome@lordabbett.com is allowed to send you mail.

I'm still having trouble

If you're still having trouble verifying your email address. feel free to contact us.

1-888-522-2388
clientservices@lordabbett.com


OK

We're sorry. We found no record of the email address you provided.

Close

Register For a LordAbbett.com Account
Using Your Email Address.

  • Registered Financial Advisors gain access to:
  • Our data mining tool, Insight & Intelligence
  • Best in-class practice management content
  • Educational events, videos and podcasts.
  • The Lord Abbett Review - Subscribe now!

Registered but Having Problems?

If you believe you are registered and are having problems verifying your email address, feel free to contact us.

1-888-522-2388 clientservices@lordabbett.com

Terms & Condition

X

These Terms of Use ("Terms of Use") are made between the undersigned user ("you") and Lord, Abbett & Co. ("we" or "us"). They become effective on the date that you electronically execute these Terms of Use ("Effective Date").

A. You are a successful financial consultant that markets securities, including the Lord Abbett Family of Funds;

B. We have developed the Lord Abbett Intelligence System (the "Intelligence System"), a state of the art information resource that we make available to a limited community of broker/dealers through the Internet at a secure Web site (the "LAIS Site"); and

C. We wish to provide access to the Intelligence System to you as an information tool responsive to the demands of your successful business pursuant to these Terms of Use. Accordingly, you and we, intending to be legally bound, hereby agree as follows:]

1. Overview. · Scope. These Terms of Use (which we may amend from time to time) govern your use of the Intelligence System. · Revisions; Changes. We may amend these Terms of Use at any time by posting amended Terms of Use ("Amended Terms of Use") on the LAIS Site. Any Amended Terms of Use will become effective immediately upon posting. Your use of the Intelligence System after any Amended Terms of Use become effective will be deemed to constitute your acceptance of those Amended Terms of Use.We may modify or discontinue the Intelligence System at any time, temporarily or permanently, with or without notice to you. Purpose of the Intelligence System. The Intelligence System is intended to be an information resource that you may use to contribute to your business research. The Intelligence System is for broker/dealer use only; it is not to be used with the public in oral, written or electronic form. The information on the Intelligence System and LAIS Site is for your information only and is neither the tax, legal or investment advice of Lord Abbett or its third-party sources nor their recommendation to purchase or sell any security.

2. Your Privileges. · Personal Use. Your use of the Intelligence System is a nontransferable privilege granted by us to you and that we may deny, suspend or revoke at any time, with or without cause or notice. · Access to and Use of the Intelligence System. The User ID and password (together, an "Access ID") issued by us to you (as subsequently changed by you from time to time) is for your exclusive access to and use of the Intelligence System. You will: (a) be responsible for the security and use of your Access ID, (b) not disclose your Access ID to anyone and (c) not permit anyone to use your Access ID. Any access or use of the Intelligence System through the use of your Access ID will be deemed to be your actions, for which you will be responsible. · Required Technology. You must provide, at your own cost and expense, the equipment and services necessary to access and use the Intelligence System. At any time, we may change the supporting technology and services necessary to use the Intelligence System. · Availability. We make no guarantee that you will be able to access the Intelligence System at any given time or that your access will be uninterrupted, error-free or free from unauthorized security breaches.

3. Rights in Data. Our use of information collected from you will be in accordance with our Privacy Policy posted on the LAIS Site. Our compliance with our Privacy Policy will survive any termination of these Terms of Use or of your use of the Intelligence System.

4. Your Conduct in the Use of the Intelligence System. You may access, search, view and store a personal copy of the information contained on the LAIS Site for your use as a broker/dealer. Any other use by you of the Intelligence System and the information contained on the LAIS Site these Terms of Use is strictly prohibited. Without limiting the preceding sentence, you will not: · Engage in or permit any reproduction, copying, translation, modification, adaptation, creation of derivative works from, distribution, transmission, transfer, republication, compilation or decompilation, reverse engineering, display, removal or deletion of the Intelligence System, any portion thereof, or any data, content or information provided by us or any of our third-party sources in any form, media or technology now existing or hereafter developed, that is not specifically authorized under these Terms of Use.

· Remove, obscure or alter any notice, disclaimer or other disclosure affixed to or contained within the Intelligence System, including any copyright notice, trademark and other proprietary rights notices and any legal notices regarding the data, content or information provided through the Intelligence System.

· Create a hyperlink to, frame or use framing techniques to enclose any information found anywhere on the LAIS Site without our express prior written consent.

· Impersonate any person, or falsely state or otherwise misrepresent his or her affiliation with any person in connection with any use of the Intelligence System.

· Breach or attempt to breach the security of the Intelligence System or any network, servers, data, or computers or other hardware relating to or used in connection with the Intelligence System; nor (b) use or distribute through the Intelligence System software or other tools or devices designed to interfere with or compromise the privacy, security or use of the Intelligence System by others or the operations or assets of any person.

· Violate any applicable law, including, without limitation, any state federal securities laws. 5. Your Representations and Warranties. You hereby represent and warrant to us, for our benefit, as of the time of these Terms of Use and for so long as you continue to use the Intelligence System, that (a) you are, and will continue to be, in compliance with these Terms of Use and any applicable laws and (b) you are authorized to provide to us the information we collect, as described in our Privacy Policy.

6. Disclaimer of Warranties.

· General Disclaimers.

THE INTELLIGENCE SYSTEM, THE LAIS SITE AND ALL DATA, INFORMATION AND CONTENT ON THE LAIS SITE ARE PROVIDED "AS IS" AND “AS AVAILABLE” AND WITHOUT ANY REPRESENTATIONS OR WARRANTIES OF ANY KIND. WITHOUT LIMITING THE PRECEDING SENTENCE, LORD ABBETT, ITS AFFILIATES, AGENTS, THIRD-PARTY SUPPLIERS AND LICENSORS, AND THEIR RESPECTIVE EMPLOYEES, CONTRACTORS, DIRECTORS, OFFICERS AND SHAREHOLDERS (COLLECTIVELY, THE “LORD ABBETT GROUP”) EXPRESSLY DISCLAIM ALL WARRANTIES, WHETHER EXPRESS, IMPLIED OR STATUTORY, INCLUDING THE WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE, AND NONINFRINGEMENT. YOU EXPRESSLY AGREE THAT YOUR USE OF THE LAIS SITE, THE INTELLIGENCE SYSTEM, AND THE DATA, INFORMATION AND CONTENT PRESENTED THERE ARE AT YOUR SOLE RISK AND THAT THE LORD ABBETT GROUP WILL NOT BE RESPONSIBLE FOR ANY (A) ERRORS OR INACCURACIES IN THE DATA, CONTENT AND INFORMATION ON THE LAIS SITE AND THE INTELLIGENCE SYSTEM OR (B) ANY TERMINATION, SUSPENSION, INTERRUPTION OF SERVICES, OR DELAYS IN THE OPERATION OF THE LAIS SITE OR THE INTELLIGENCE SYSTEM.

· Disclaimer Regarding Investment Research.

THE INTELLIGENCE SYSTEM INCORPORATES DATA, CONTENT AND INFORMATION FROM VARIOUS SOURCES THAT WE BELIEVE TO BE ACCURATE AND RELIABLE. HOWEVER, THE LORD ABBETT GROUP MAKES NO CLAIMS, REPRESENTATIONS OR WARRANTIES AS TO THE ACCURACY, TIMELINESS, COMPLETENESS OR TRUTHFULNESS OF SUCH DATA, CONTENT AND INFORMATION. YOU EXPRESSLY AGREE THAT YOU ARE RESPONSIBLE FOR INDEPENDENTLY VERIFYING YOUR INVESTMENT RESEARCH PRIOR TO FORMING YOUR INVESTMENT DECISIONS OR RENDERING INVESTMENT ADVICE. THE LORD ABBETT GROUP WILL NOT BE LIABLE FOR ANY INVESTMENT DECISION MADE BY YOU OR ANY OTHER PERSON BASED UPON THE DATA, CONTENT AND INFORMATION PROVIDED THROUGH THE INTELLIGENCE SYSTEM OR ON THE LAIS SITE.

· Survival.

THIS SECTION 6 SHALL SURVIVE ANY TERMINATION OF THESE TERMS OF USE OR YOUR USE OF THE INTELLIGENCE SYSTEM..

7. Limitations on Liability.

NONE OF THE MEMBERS OF THE LORD ABBETT GROUP WILL BE LIABLE TO YOU OR ANY OTHER PERSON FOR ANY DIRECT, INDIRECT, INCIDENTAL, CONSEQUENTIAL, PUNITIVE, SPECIAL OR EXEMPLARY DAMAGES (INCLUDING LOSS OF PROFITS, LOSS OF USE, TRANSACTION LOSSES, OPPORTUNITY COSTS, LOSS OF DATA, OR INTERRUPTION OF BUSINESS) RESULTING FROM, ARISING OUT OF OR IN ANY WAY RELATING TO THE INTELLIGENCE SYSTEM, THE LAIS SITE OR YOUR USE THEREOF, EVEN IF THE LORD ABBETT GROUP HAS BEEN ADVISED OF THE POSSIBILITY OF SUCH DAMAGES. THIS SECTION 7 WILL SURVIVE ANY TERMINATION OF THESE TERMS OF USE OR YOUR USE OF THE INTELLIGENCE SYSTEM.

8. Miscellaneous Provisions.

· Governing Law. This Agreement will governed by and construed in accordance with the laws of the State of New York, without giving effect to applicable conflicts of law principles.

THE UNIFORM COMPUTER INFORMATION TRANSACTIONS ACT OR ANY VERSION THEREOF, ADOPTED BY ANY STATE, IN ANY FORM ("UCITA") WILL NOT APPLY TO THESE TERMS OF USE. TO THE EXTENT THAT UCITA IS APPLICABLE, THE PARTIES HEREBY AGREE TO OPT OUT OF THE APPLICABILITY OF UCITA PURSUANT TO THE OPT-OUT PROVISION(S) CONTAINED THEREIN.

The Intelligence System is not intended to be used by consumers, nor are the consumer protection laws of any jurisdiction intended to apply to the Intelligence System. You agree to initiate and maintain any action, suit or proceeding relating to these Terms of Use or arising out of the use of the Intelligence System exclusively in the courts, state and federal, located in or having jurisdiction over New York County, New York.

YOU HEREBY CONSENT TO THE PERSONAL JURISDICTION AND VENUE OF THE COURTS, STATE AND FEDERAL, LOCATED IN OR HAVING JURISDICTION OVER NEW YORK COUNTY, NEW YORK. YOU AGREE THAT YOU WILL NOT OBJECT TO A PROCEEDING BROUGHT IN YOUR LOCAL JURISDICTION TO ENFORCE AN ORDER OR JUDGMENT OBTAINED IN NEW YORK.

· Relationship of Parties. The parties to these Terms of Use are independent contractors and nothing in these Terms of Use will be construed as creating an employment relationship, joint venture, partnership, agency or fiduciary relationship between the parties.

· Notice. All notices provided under these Terms of Use will be in writing and will be deemed effective: (a) when delivered personally, (b) when received by electronic delivery, (c) one business day after deposit with a commercial overnight carrier specifying next day delivery, with written verification of receipt, or (d) three business days after having been sent by registered or certified mail, return receipt requested. We will only accept notices from you in English and by conventional mail addressed to: General Counsel Lord, Abbett & Co. 90 Hudson Street Jersey City, N.J. 07302-3973 We may give you notice by conventional mail or electronic mail addressed to the last mail or electronic mail address transmitted by you to us.

· Third-Party Beneficiaries. The members of the Lord Abbett Group are third-party beneficiaries of the rights and benefits provided to us under these Terms of Use. You understand and agree that any right or benefit available to us or any member of the Lord Abbett Group hereunder will also be deemed to accrue to the benefit of, and may be exercised directly by, any member of the Lord Abbett Group to the extent applicable.

· Survival. This Section 8 will survive any termination of these Terms of Use or your use of the Intelligence System. The undersigned hereby signs these Terms of Use. By electronically signing and clicking "Accept" below, these Terms of Use will be legally binding on me. To sign these Terms of Use, confirm your full name and enter your User ID and Password (as your electronic signature) in the fields indicated below and click the “I Accept” button.

Reset Your Password

Financial Professionals*

Your password must be a minimum of characters.

Confirmation Message

Your LordAbbett.com password was successully updated. This page will be refreshed after 3 seconds.

OK

 

Fixed-Income Insights

video

After a rough 2013, munis may be ready to rebound in the coming year. Portfolio Manager Dan Solender tells why. 

Transcript

Narrator: This is Lord Abbett's Portfolio Commentary.

Mike Weldon: This is Mike Weldon, Partner and Director of Marketing at Lord Abbett. Joining me today is Dan Solender, Partner and Director of Municipal Bond Management. Dan, it's been a very interesting year in 2013. We had a major market disruption in late spring, early summer, caused a lot of outflows there temporarily. Bring us up to speed as we look at the end of 2013 here. What does the market look like today?

Dan Solender: Sure, 2013 has definitely been a rough year, particularly the first half of the year. One of the things that might surprise people is that despite the headlines in the papers, still going on through the end of the year, things actually have been pretty good the last few months. So after a really tough June, July, and a little bit of August with all the outflows and the headlines and the concern about what the Fed was doing, since about September 1st, we've actually seen positive total returns in our market. We've gone through a pretty good stretch. Mainly it's been because things got backed up so much it brought a lot of value into the market, it brought a lot of investors in from other markets. One of the things that has really helped us is that there are all these crossover buyers, institutional buyers, who see the value of municipals versus Treasuries or corporates or whatever else they're looking at. And they've come in and really, first, put a floor in the market, and then added some value as we've seen the prices rally.

So we're having a pretty good market. Credit quality is holding up. Outflows are still negative. One of the things we are still doing is every week there are outflows, nowhere near the magnitude we saw in the second, third quarter of the year, but there still are outflows. And supply is minimal. Supply is not at any huge level, so the market is handling it well and pretty good liquidity in the secondary, the volume is pretty good. So overall, the market is healthy. You might not know that based on everything you're seeing in the headlines, but we're going through a pretty good, decent market.

Mike Weldon: Okay, and as we look out into 2014, do you see anything on the horizon that might change that? And then what does the supply/demand dynamic look like going forward?

Dan Solender: Sure, there are two parts to it. Obviously there's the part with the global interest rate outlook, and then there's specific to the municipal bond market. The global interest rate outlook, clearly everyone is watching to see what the Fed does and when they taper. And that's having a big impact on rates. And we saw earlier this year when there was expectations they were going to taper, that it shot rates up. So there is still concern at that level, how it's going to impact the market. Given all the lead time now, we think some of that might be priced in, and it might not be as much of a big impact on rates rising as much in the first quarter. There still might be some, but nothing dramatic, I don't think, like we saw earlier this year. So that's one side of it, is we still have that concern about rates rising.

At the same time, our yield curve is extremely steep right now. The, you know, the yield between a one-year and a thirty-year is a very big difference. So, you're picking up a lot of incremental yield for any kind of extension of the yield curve. So that provides some opportunity in the market.

In terms of the municipal bond market and what to look at going forward, supply side, we think supply is still going to stay low, on the low side. We're getting about five billion a week inflows right now. Typically you get seven, eight billion a week, so we're at a low level. The reason it's low is because you're not seeing any refunding issues. The interest rates have gone up enough that issuers really can't, economically, refund outstanding issues and bring new ones. So it's bringing the volume down quite a bit. Then also there's still a lot of issuers who are trying not to issue unless they really have to which is keeping the volume down. And we expect the supply to stay on the lower side going into next year, given the rate environment we're in.

On the demand side, so that's where the more uncertainty comes in. And that's the big part of the market that's important because we had all of those big outflows, four billion a week, June, July, some of those weeks of those months. Now we're seeing 700 to 800 million in outflows a week which is a big number, but it's still much smaller than it was and not that hard for the market to handle.

I think some of what's going on right now, there's some people are still concerned about rates rising, concerned about some of the headline risk pulling on the market. On the other hand, there are also a lot of people who are taking tax losses to offset gains they have on the equity side this year. That component will obviously, at the end of the year, will go away, so that will help on the demand side. The big question is how people can get comfortable with the rate environment. You know, rates look attractive versus other markets, but they have to be comfortable with some stability.

So overall, global interest rates are potentially for some rate increase, not a huge amount, supply is going to stay on the lower side, demand uncertain, but should be looking a little bit better, at least as we get into next year. And overall dynamics, positive for the market but still a lot of cautionary stuff out there.

Mike Weldon: Okay, so one of the things that might help demand, obviously, is fundamentals, right? When we look at the municipal bond market, a lot of people would argue there are a lot of good values there. What would you say to the investor that says, yeah, but I'm just not sure what the underlying fundamentals look like?

Dan Solender: You know once again, on this issue, too, you see a lot of the headlines in the papers, and Detroit and Puerto Rico in the headlines, overall the market, though, is doing really well. Those are some isolated situations. Overall on the state level, tax revenues have been up every quarter for more than three years now. The local level, revenue's stabilizing, increasing in some places, doing much better partially based on real estate doing better. A lot of the credits are doing better and a lot of, you know, different sectors of the market, cutting expenses, getting budgets under control, and then seeing an increase in revenues at the same time.

So overall the market is doing pretty well from a credit perspective. And with the economy improving, not going as bad as it was a couple of years ago, that helps as well. So overall the market is doing well on the credit side, and actually improving away from some of these headline issues that overhang the market because they are viewed as impacting the whole market when in reality they're impacting small parts of the market. But still that concern brings people to maybe look to other places at times.

Mike Weldon: Okay, can you talk specifically about the high-yield area of the market? What does that look like?

Dan Solender: Sure, the high-yield area got hit hardest back in the summer when we had all the outflows. A lot of the outflows came out on the high-yield side and in those environments when people get risk-averse, they move away from longer-term bonds because of interest rate risk. They move away from lower-quality bonds because they're concerned about any kind of risk. And that really hurts that part of the market. So it got hit hardest earlier this year. It didn't get hit because of credit problems, which might be surprising given some of the numbers and returns earlier this year. It was purely based on demand, moving away from the market and rates having to rise to the point where it could bring other investors in who might be interested in bonds.

Where we are right now, everything's stabilized. It's not rallying by any means, by any large means. Credit spreads have stabilized. Defaults are actually lower this year than they were last year in the market, so we’re not seeing an increase in defaults. And overall, the issuance is on the lighter side, too, which is helpful for the market because where interest rates are right now, there are not a lot of new products being brought on. And where they are right now, there is just not economically a need to issue. So the issuance is light, demand is still not that strong, but everything is staying in there. And rates have actually risen quite a bit to make an attractive market with a lot of long-term potential. And that's kind of one of the areas that, going forward, you can see if rates are rising, that means the economy is improving, that means credit quality is improving, and that could help this part of the market do better. So right now we're in a market where it's had a tough time, it's stabilized, and credit is actually doing better than it was a couple of years ago, just not totally reflected in the pricing yet.

Mike Weldon: So tell us where you and your team are finding opportunities today.

Dan Solender: Right now, a couple of different places. One, we do see that credit spreads widened over the summer, not just for high-yield, but for A rated bonds, triple B's. So we think there's a lot of value in terms of taking a little bit more credit risk, moving into the A rated bonds, maybe the triple B's, and extending in certain products that can take more, because credit spreads are tighter while credit quality's improving. In terms of looking at the yield curve, I mentioned before the yield curve is very steep. Any kind of extension is beneficial, the bonds five years can provide some stability. The Fed's going to keep rates low for a long period of time, they're not planning to move the Fed fund rate. So that creates stability on the short end, but lower returns. Longer out on the curve, in the 10 year range, 20 year range, yield curve is steep enough to provide attractive income, total return potential. So as long as you can weather some volatility over different time periods, those parts of the market really have the best value right now.

Mike Weldon: Okay. Thanks very much, Dan. This has been Lord Abbett's Portfolio Commentary, thanks for watching.

Narrator: For more information on this topic, or to access other videos, audio files, articles or commentary, please explore Lordabbett.com.

A Note About Risk: The value of an investment in fixed-income securities will change as interest rates fluctuate and in response to market movements. As interest rates fall, the prices of debt securities tend to rise. As rates rise, prices tend to fall. The income derived from municipal securities may be subject to the alternative minimum tax. Federal, state, and local taxes may apply. There is a risk that a bond issued as tax-exempt may be reclassified by the IRS as taxable, creating taxable rather than tax-free income. Investments in Puerto Rico and other U.S. territories, Commonwealths, and possessions may be affected by local, state, and regional factors such as economic or political developments, erosion of the tax base, and the possibility of credit problems. In addition, bonds may be subject to other types of risk such as call, credit, liquidity, interest-rate, and general market risks. High-yield securities, sometimes called junk bonds, carry increased risks of price volatility, illiquidity, and the possibility of default in the timely payment of interest and principal. Longer-term debt securities are usually more sensitive to interest-rate changes; the longer the maturity of a security, the greater the effect a change in interest rates is likely to have on its price. Lower-rated debt securities may involve greater risks than higher rated debt securities. No investing strategy can overcome all market volatility or guarantee future results.

Treasuries are debt securities issued by the U.S. government and secured by its full faith and credit. Income from Treasury securities is exempt from state and local taxes.

The municipal bond market may not perform in a similar manner under similar conditions in the future.

The credit quality of the securities in a portfolio are assigned by a nationally recognized statistical rating organization (NRSRO) such as; Standard & Poor's, Moody's or Fitch, as an indication of an issuer's creditworthiness. Ratings range from AAA (highest) to D (lowest). Bonds rated BBB or above are considered investment grade. Credit ratings BB and below are lower rated securities ("junk bonds"). High yielding, non-investment grade bonds ("junk bonds") involve higher risks than investment grade bonds. Adverse conditions may affect the issuer's ability to pay interest and principal on these securities.

Yield Curve is a line that plots the interest rates, at a set point in time, of bonds having equal credit quality, but differing maturity dates. The most frequently reported yield curve compares the three-month, two-year, five-year and 30-year U.S. Treasury debt. This yield curve is used as a benchmark for other debt in the market, such as mortgage rates or bank lending rates. The curve is also used to predict changes in economic output and growth.

Credit Spread is the spread between Treasury securities and non-Treasury securities that are identical in all respects except for quality rating.

The source for the reference to five billion a week inflows is as of November 30, 2013, according to sifma.

The source for the reference to the outflows of four billion a week in June and July and 700 to 800 million per week as of November 30, 2013, is Investment Company Institute (ICI).

The source for tax revenues having been up every quarter for more than three years is The Rockefeller Institute of Government.

The source for the reference to defaults being lower this year than last year is Barclays Data.

This broadcast serves as reference material for information purposes only; does not constitute an offer to acquire, solicitation for an offer to acquire, an offer to sell or solicitation for an offer to buy, any securities, nor is intended to be relied upon as a forecast, research, or investment advice on any securities, and cannot be used for any of the foregoing.

The views and opinions expressed by the Lord Abbett speaker are those of the speaker as of the date of the broadcast, and do not necessarily represent the views of the firm as a whole. Any such views are subject to change at any time based upon market or other conditions and Lord Abbett disclaims any responsibility to update such views. Neither Lord Abbett nor the Lord Abbett speaker can be responsible for any direct or incidental loss incurred by applying any of the information offered.

The value of investments and any income from them is not guaranteed and may fall as well as rise, and an investor may not get back the amount originally invested. Please consult your investment professional for additional information concerning your specific situation.

This broadcast is the copyright © 2014 of Lord, Abbett & Co. LLC. All Rights Reserved. This recording may not be reproduced in whole or in part or any form without the permission of Lord Abbett. Lord Abbett mutual funds are distributed by Lord Abbett Distributor LLC.

FOR MORE INFORMATION ON ANY LORD ABBETT FUNDS, CONTACT YOUR INVESTMENT PROFESSIONAL OR LORD ABBETT DISTRIBUTOR LLC AT 888-522-2388, OR VISIT US AT WWW.LORDABBETT.COM FOR A PROSPECTUS WHICH CONTAINS IMPORTANT INFORMATION ABOUT A FUND'S INVESTMENT GOALS, SALES CHARGES, EXPENSES AND RISKS THAT AN INVESTOR SHOULD CONSIDER AND READ CAREFULLY BEFORE INVESTING.

RELATED TOPICS

ABOUT THE MANAGER

The Investment Conversation

 

video

Our new blog features timely commentary and analysis from Lord Abbett experts. Join the conversation.

RELATED CONTENT

Please confirm your literature shipping address

Please review the address information below and make any necessary changes.

All literature orders will be shipped to the address that you enter below. This information can be edited at any time.

Current Literature Shipping Address

* Required field