LORD ABBETT
TRUST I
Lord Abbett
Emerging Markets Equity
Fund
Supplement dated
February
7
, 202
5
to the
Summary Prospectus, Prospectus and Statement of Additional Information, each dated
December
1, 202
4
, as supplemented
Lord Abbett Emerging Markets Equity Fund (the “Fund”) is diversified under the Investment Company
Act of 1940, as amended. All references to the Fund’s non
-
diversified status
are
hereby removed
in
their
entirety.
The following
paragraph
replaces the
sixth
paragraph
in the section under “
Principal Investment
Strategies
” on page
5
of the summary prospectus and statutory prospectus:
The Fund is diversified under the Investment Company Act of 1940, as amended (the “1940 Act”).
The
eleventh
paragraph under “
Pr
incipal Risks
” on page 7 of the s
ummary prospectus and s
tatutory
prospectus
and first paragraph of the subsection “Emerging Markets Equity Fund” on page 36 of
the statutory prospectus
, each titled “Non
-
Diversification Risk,”
is removed
.
The following
parag
raph
replace
s
the
firs
t
paragraph
in the section titled “
Fund Information
” on
page
2
-
1 of the statement of additional information (“SAI”):
The Registrant is an open
-
end management investment company registered under the 1940 Act. Each Fund
is diversified
within the meaning of the 1940 Act. The table below sets forth information about the
Registrant’s organization.
Capitalized terms used in this Supplement shall, unless otherwise defined herein, have the same meaning
as given in the Prospectuses and/or
SAIs.
Please retain this document for your future reference.