STATEMENT OF ADDITIONAL INFORMATION
MAY 1, 2025
LORD ABBETT BOND DEBENTURE FUND, INC.
CLASS
TICKER
CLASS
TICKER
A
LBNDX
R2
LBNQX
C
BDLAX
R3
LBNRX
F
LBDFX
R4
LBNSX
F3
LBNOX
R5
LBNTX
I
LBNYX
R6
LBNVX
P
LBNPX
This SAI is not a prospectus. A prospectus may be obtained from your financial intermediary or from the
Distributor at 30 Hudson Street, Jersey City, NJ 07302-4804. This SAI is divided into two Parts - Part I
and Part II. Part I contains information that is particular to the Fund offered in this SAI, and should be read
in conjunction with the prospectus for the Fund offered in this SAI, dated May 1, 2025, as supplemented
from time to time. Part I includes information about the Fund, including investment policies, management
fees paid by the Fund, and information about other fees applicable to and services provided to the Fund.
Part II contains additional information that more generally applies to the Lord Abbett Funds.
The Fund’s
audited financial statements are incorporated into this SAI by reference to the Fund’s most
recent Form N-CSR. The Fund’s annual and semiannual reports to shareholders and Form N-CSR are
available without charge, upon request by calling 888-522-2388. In addition, you can make inquiries
through your financial intermediary.
PART I
TABLE OF CONTENTS
PAGE
1.
GLOSSARY
1-1
2.
FUND INFORMATION
2-1
3.
INVESTMENT POLICIES
3-1
4.
FUND INVESTMENTS
4-1
5.
BOARD MEMBERS
5-1
6.
INVESTMENT ADVISORY AND OTHER SERVICES, FEES, AND EXPENSES
6-1
7.
PORTFOLIO MANAGER INFORMATION
7-1
8.
SECURITIES LENDING
8-1
9.
CONTROL PERSONS AND PRINCIPAL SHAREHOLDERS
9-1
10.
FINANCIAL STATEMENTS
10-1
Part I
1-1
1.
GLOSSARY
Lord Abbett Funds
are comprised of the following management investment companies:
Lord Abbett Affiliated Fund, Inc.:
Affiliated Fund
Lord Abbett Bond Debenture Fund, Inc.:
Bond Debenture Fund
Lord Abbett Developing Growth Fund, Inc.:
Developing Growth Fund
Lord Abbett Global Fund, Inc.:
Global Fund
Lord Abbett Investment Trust:
Investment Trust
Lord Abbett Mid Cap Stock Fund, Inc.:
Mid Cap Stock Fund
Lord Abbett Municipal Income Fund, Inc.:
Municipal Income Fund
Lord Abbett Research Fund, Inc.:
Research Fund
Lord Abbett Securities Trust:
Securities Trust
Lord Abbett Series Fund, Inc.:
Series Fund
Lord Abbett Trust I:
Trust I
Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc.:
Money Market Fund
1933 Act
Securities Act of 1933, as amended
1940 Act
Investment Company Act of 1940, as amended
Board
Board of Directors
Board Member(s)
Director(s) of the Board
CDSC
Contingent deferred sales charge
CEA
Commodity Exchange Act, as amended
CPO
Commodity pool operator
Distributor
Lord Abbett Distributor LLC
Fund
Bond Debenture Fund
Independent Board Member(s)
Director(s) of the Board who are not “interested persons” as defined
in the 1940 Act, of the Fund
Interested Board Member(s)
Director(s) of the Board who are not Independent Board Members
Lord Abbett
Lord, Abbett & Co. LLC
NYSE
New York Stock Exchange
Registrant
Bond Debenture Fund
Rule 12b-1 Plan
Distribution and/or Shareholder Service Plan adopted under Rule
12b-1 (under the 1940 Act)
SAI
Statement of Additional Information
SEC
United States Securities and Exchange Commission
Part I
2-1
2.
FUND INFORMATION
The Registrant is an open-end management investment company registered under the 1940 Act. The
Fund is diversified within the meaning of the 1940 Act. The table below sets forth information about the
Registrant’s organization.
Registrant Organization
Registrant
Form of
Organization
Date of
Organization
Number of
Funds
Shares Available
for Issuance
Bond Debenture Fund
Maryland corporation
January 23, 1976
1
14,100,000,000
$0.001 par value