LORD ABBETT CORPORAT
E OPPORTUNITIES FUND
LORD ABBETT
CREDIT OPPORTUNITIES
FUND
LORD ABBETT FLEXIBLE
INCOME FUND
LORD ABBETT MUNICIPA
L OPPORTUNITIES FUND
(each, a “Fund” and collectively, the “Funds”)
Supplement dated
May
22
, 2025
to the Statements of Addi
tional Information
(“SAIs”) for the Funds
Lorr
ai
ne Hendrickson
has
resign
ed
as
a
Trustee
on
the
Board of
Trustee
s
of the Funds. All
r
eferences
to
Ms.
Hendrickson
as a Trustee
throughout the Funds’
SAIs
are
hereby removed
.
C
a
pitalized 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.