STATEMENT OF ADDITIONAL INFORMATION
APRIL 1, 2025
AS SUPPLEMENTED TO DATE
LORD ABBETT INVESTMENT TRUST
Lord Abbett Multi-Asset Balanced
Opportunity Fund
Lord Abbett Core Fixed Income Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LABFX
R2
BLAQX
A
LCRAX
R2
LCRQX
C
BFLAX
R3
BLARX
C
LCRCX
R3
LCRRX
F
BLAFX
R4
BLASX
F
LCRFX
R4
LCRSX
F3
LOBFX
R5
BLATX
F3
LCROX
R5
LCRTX
I
LABYX
R6
BLAVX
I
LCRYX
R6
LCRVX
P
LABPX
P
N/A
Lord Abbett Multi-Asset Income Fund
Lord Abbett Core Plus Bond Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
ISFAX
R2
LIGQX
A
LAPLX
R2
N/A
C
ISFCX
R3
LIXRX
C
LAPCX
R3
LAPQX
F
LIGFX
R4
LIXSX
F
LPLFX
R4
LAPUX
F3
ISFOX
R5
LIXTX
F3
LOPLX
R5
LAPVX
I
ISFYX
R6
LIXVX
I
LAPIX
R6
LAPWX
P
N/A
Lord Abbett Convertible Fund
Lord Abbett Floating Rate Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LACFX
R2
LBCQX
A
LFRAX
R2
LFRRX
C
LACCX
R3
LCFRX
C
LARCX
R3
LRRRX
F
LBFFX
R4
LCFSX
F
LFRFX
R4
LRRKX
F3
LOCFX
R5
LCFTX
F3
LFROX
R5
LRRTX
I
LCFYX
R6
LCFVX
I
LFRIX
R6
LRRVX
P
LCFPX
Lord Abbett High Yield Fund
Lord Abbett Short Duration Income Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LHYAX
R2
LHYQX
A
LALDX
R2
LDLQX
C
LHYCX
R3
LHYRX
C
LDLAX
R3
LDLRX
F
LHYFX
R4
LHYSX
F
LDLFX
R4
LDLKX
F3
LHYOX
R5
LHYTX
F3
LOLDX
R5
LDLTX
I
LAHYX
R6
LHYVX
I
LLDYX
R6
LDLVX
P
LHYPX
P
N/A
Lord Abbett Income Fund
Lord Abbett Total Return Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LAGVX
R2
LAUQX
A
LTRAX
R2
LTRQX
C
LAUSX
R3
LAURX
C
LTRCX
R3
LTRRX
F
LAUFX
R4
LAUKX
F
LTRFX
R4
LTRKX
F3
LOGVX
R5
LAUTX
F3
LTROX
R5
LTRTX
I
LAUYX
R6
LAUVX
I
LTRYX
R6
LTRHX
P
N/A
P
LTRPX
Lord Abbett Inflation Focused Fund
Lord Abbett Ultra Short Bond Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LIFAX
R2
LIFQX
A
LUBAX
I
LUBYX
C
LIFCX
R3
LIFRX
A1
LUSNX
R5
LUBVX
F
LIFFX
R4
LIFKX
F
LUBFX
R6
LUBWX
F3
LIFOX
R5
LIFTX
F3
LUBOX
I
LIFIX
R6
LIFVX
Lord Abbett Short Duration Core Bond
Fund
CLASS
TICKER
CLASS
TICKER
A
LDCAX
R2
N/A
C
LDCCX
R3
LDCRX
F
LDCFX
R4
LSCSX
F3
LSCOX
R5
LSCUX
I
LSCIX
R6
LDCVX
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 Funds offered in this SAI, and should be
read in conjunction with the prospectus for the Funds offered in this SAI, dated April 1, 2025, as
supplemented from time to time. Part I includes information about the Funds, including investment
policies, management fees paid by the Funds, and information about other fees applicable to and
services provided to the Funds. Part II contains additional information that more generally applies to the
Lord Abbett Funds.
Each Fund’s
audited financial statements are incorporated into this SAI by reference to the Funds’ most
recent Form N-CSR. The Funds’ 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 Investment Trust is comprised of the following Funds:
Lord Abbett Multi-Asset Balanced Opportunity Fund:
Multi-Asset Balanced Opportunity Fund
Lord Abbett Multi-Asset Income Fund:
Multi-Asset Income Fund
Lord Abbett Convertible Fund:
Convertible Fund
Lord Abbett Core Fixed Income Fund:
Core Fixed Income Fund
Lord Abbett Core Plus Bond Fund:
Core Plus Bond Fund
Lord Abbett Floating Rate Fund:
Floating Rate Fund
Lord Abbett High Yield Fund:
High Yield Fund
Lord Abbett Income Fund:
Income Fund
Lord Abbett Inflation Focused Fund:
Inflation Focused Fund
Lord Abbett Short Duration Core Bond Fund:
Short Duration Core Bond Fund
Lord Abbett Short Duration Income Fund:
Short Duration Income Fund
Lord Abbett Total Return Fund:
Total Return Fund
Lord Abbett Ultra Short Bond Fund:
Ultra Short Bond Fund
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
Part I
1-2
1933 Act
Securities Act of 1933, as amended
1940 Act
Investment Company Act of 1940, as amended
Board
Board of Trustees
Board Member(s)
Trustee(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(s)
Each separate investment portfolio of a Registrant or, if a
Registrant has only a single investment portfolio, the Registrant
Fund(s)-of-Funds
Multi-Asset Balanced Opportunity Fund and Multi-Asset Income
Fund
Independent Board Member(s)
Trustee(s) of the Board who are not “interested persons” as
defined in the 1940 Act, of each Fund
Interested Board Member(s)
Trustee(s) of the Board who are not Independent Board
Members
Lord Abbett
Lord, Abbett & Co. LLC
Moody’s
Moody’s Investors Service, Inc.
NYSE
New York Stock Exchange
Registrant
Investment Trust
Rule 12b-1 Plan
Distribution and/or Shareholder Service Plan adopted under
Rule
12b-1 (under the 1940 Act)
S&P
S&P Global Ratings
SAI
Statement of Additional Information
SEC
United States Securities and Exchange Commission
Underlying Funds
Affiliated mutual funds managed by Lord Abbett