Lord Abbett Demonstrates Consistent, Strong Performance in Taxable Bond Category in Barron’s Annual Ranking

Ranked #3 in Taxable Bond and #18 overall in Barron’s/Lipper Annual Ranking among 59 fund families*

Lord Abbett achieved the #3 ranking in the Taxable Bond category*, as well as the #18 ranking overall**, for one-year performance ended December 31, 2017, among 59 firms in the Barron’s/Lipper Annual Fund Family Ranking, published on March 10, 2018. In the Tax-Exempt Bond category, Lord Abbett was ranked #15. In the equity categories, the firm was #39 in U.S. Equity, #21 in World Equity, and #46 in Mixed Equity.

Acknowledging Lord Abbett’s top three ranking in taxable bonds, Daria L. Foster, Managing Partner, noted that the firm has been ranked in the category among the Top 4 firms in six of the past seven years; in fact, no other firm has been in the Top 5 more than twice.¹ “We are proud of the consistent performance of our taxable fixed income strategies,” said Ms. Foster. “Our top three ranking speaks to the power of our team-based approach, which emphasizes collaboration and our rigorous process, which is supported by the latest quantitative and risk-management tools.”

“Lord Abbett is investment-led and investor-focused,” said Ms. Foster. “Industry accolades like these reflect our long-standing belief in active management, our commitment to research, and our adherence to risk management—as well as our commitment to act in the best interest of our clients.”

*Among 59 qualifying U.S. fund companies. Based on net total return as measured against its Lipper category for the period ended 12/31/2017. Lord Abbett Funds ranked 3 out of 59, 1 out of 54, and 1 out of 50 mutual fund families within the taxable bond category for the 1-, 5- and 10-year periods ending 12/31/2017, respectively.

**Barron's Best Fund Family overall ranking; #18 among 59 Fund families, #16 among 54 Fund families and #27 among 50 Fund families for the one-year, five-year and ten-year period ending 12/31/2017.

¹ Barron’s Best Mutual Fund Families, March 10, 2018, #3 in the Taxable Bond Category among 59 fund families. Based on the net total return of the one-year period ending 12/31/2017.

Barron’s Best Mutual Fund Families, February 11, 2017, #1 in the Taxable Bond Category among 61 fund families. Based on the net total return of the one-year period ending 12/31/2016.

Barron’s Best Mutual Fund Families, February 6, 2016, #21 in the Taxable Bond Category among 67 fund families. Based on the net total return of the one-year period ending 12/31/2015.

Barron’s Best Mutual Fund Families, February 7, 2015, #1 in the Taxable Bond Category among 65 fund families. Based on the net total return of the one−year period ending 12/31/2014.

Barron’s Best Mutual Fund Families, February 8, 2014, #3 in the Taxable Bond Category among 64 fund families. Based on the net total return of the one−year period ending 12/31/2013.

Barron’s Best Mutual Fund Families, February 11, 2013, #2 in the Taxable Bond Category among 62 fund families. Based on the net total return of the one−year period ending 12/31/2012.

Barron’s Best Mutual Fund Families, February 6, 2012, #4 in the Taxable Bond Category among 58 fund families. Based on the net total return of the one−year period ending 12/31/2011.

Source: Barron’s, “Best Fund Families of 2017” March 10, 2018. Barron’s rankings are based on asset weighted returns in funds in five categories: U.S. equity, world equity (including international and global portfolios), mixed asset (which invest in stocks, bonds and other securities), taxable bond, and tax-exempt (each a "Barron's ranking category"). Rankings also take into account an individual fund's performance within its Lipper peer universe. Lipper calculated each fund's net total return for the year ended December 31, 2017, minus the effects of 12b-1 fees and sales charges. Each fund in the survey was given a percentile ranking with 100 the highest and 1 the lowest in its category. That ranking measured how a fund compared with its peer "universe," as tracked by Lipper, not just the funds in the survey. Individual fund scores were then multiplied by the 2017 weighting of their Barron's ranking category as determined by the entire Lipper universe of funds. Those fund scores were then totaled, creating an overall score and ranking for each fund family in the survey in each Barron's ranking category. The process is repeated for the five- and ten-year rankings as well.

Barron's Fund Family Rankings are awarded annually. © Reuters 2018. All Rights Reserved. Lipper Analytical Services, Inc. is an independent mutual fund research and rating service. Although Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Lipper.

Past performance does not guarantee future results.

The information provided is not directed at any investor or category of investors and is provided solely as general information about Lord Abbett's products and services and to otherwise provide general investment education. None of the information provided should be regarded as a suggestion to engage in or refrain from any investment-related course of action as neither Lord Abbett nor its affiliates are undertaking to provide impartial investment advice, act as an impartial adviser, or give advice in a fiduciary capacity. If you are an individual retirement investor, contact your financial advisor or other fiduciary about whether any given investment idea, strategy, product or service may be appropriate for your circumstances.All Lord Abbett mutual funds are offered by prospectus only and are available through your financial advisor. Shares of Lord Abbett mutual funds are not FDIC insured, nor are they deposits of or guaranteed by a bank or any other entity. Investments in mutual funds involve investment risks, including the possible loss of the principal amount invested.Investors should carefully consider the investment objectives, risks, charges, and expenses of the Lord Abbett Funds. This and other important information is contained in the fund's summary prospectus and/or prospectus. To obtain a prospectus or summary prospectus on any Lord Abbett mutual fund, contact your investment professional, Lord Abbett Distributor LLC at (888) 522-2388 or visit us at www.lordabbett.com. Read the prospectus carefully before you invest.