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Business Continuity

Last Updated October 2024

Lord Abbett Business Continuity Plan: Public Statement

Lord Abbett is committed to ensuring the resilience of business operations in the event of a disaster or other occurrence that impacts the firm. Lord Abbett’s primary objective is to safeguard our people, ensure the continued ability to serve clients, and protect physical assets. In order to fulfill our commitment, Lord Abbett has adopted a business continuity plan to respond to a variety of scenarios so that operations may continue without interruption.

Lord Abbett is prepared to respond to disruptions to office locations and data centers or services from critical dependencies due to physical attacks, regional events, weather, and pandemic-related disruptions. Governance and organizational structures are in place as a foundation and commitment to enterprise resilience. Contingency plans include response processes, communications strategy, and recovery capabilities. All subsidiaries, domestic and international, are covered. Regulatory requirements are incorporated into our plans.

Lord Abbett reviews, tests, and updates plans on a regular basis and continuously seeks to improve its preparedness. It should be noted that there is no contingency plan that can eliminate all risk of disruption.

Lord Abbett business continuity capabilities include but are not limited to:

Alternate work locations and contingency data centers
Office locations and data centers with power and telecommunications redundancies
Virtualization of technology infrastructure that supports failover to contingency environments
Remote working capabilities equivalent to in-office including systems, telecommunications, and video conference
Mass communications platform to coordinate response plans to all staff and counterparties
Business continuity service level commitments from critical vendors
Principles that empower our people in response to extreme events

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. Click here to obtain a prospectus or summary prospectus on any Lord Abbett mutual fund or contact your investment professional or Lord Abbett Distributor LLC at 888-522-2388. Read the prospectus carefully before you invest or send money.

Not FDIC-Insured. May lose value. Not guaranteed by any bank. Lord Abbett mutual funds are distributed by Lord Abbett Distributor LLC. For U.S. residents only.

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.