LORD ABBETT
SECURITIES TRUST
Supplement dated
April 8, 2025
to the
Statement of Additional Information
dated
March
1
, 202
5
, as supplemented
The
following
table
replace
s
the
table
under the heading
“
Holdings of Portfolio Managers
” in the
subsection
titled “Portfolio Manager Information
—
Holdings of Portfolio Managers”
starting
on
page 7
-
2
of the
Statement of Additional Information
(the “SAI”)
:
Ownership of Securities
Aggregate
Dollar Range of Securities
Alpha Strategy Fund
Giulio Martini
None
Matthew R. DeCicco
None
Jahiz Barlas
None
Focused Growth Fund
F. Thomas O’Halloran
Over $1,000,000
Vernon T. Bice
1
$100,001
-
$500,000
Matthew R. DeCicco
$100,001
-
$500,000
Focused Large Cap Value Fund
John C. Hardy
$100,001
-
$500,000
Jeff D. Diamond
$50,001
-
$100,000
Darnell C. Azeez
$50,001
-
$100,000
Focused Small Cap Value Fund
John C. Hardy
$100,001
-
$500,000
Qie Zhang
$500,001
-
$1,000,000
Fundamental Equity
Fund
John C. Hardy
$100,001
-
$500,000
Jeff D. Diamond
$100,001
-
$500,000
Darnell C. Azeez
$100,001
-
$500,000
Global Equity Fund
Ryan C. Howard
$100,001
-
$500,000
Growth Leaders Fund
F. Thomas O’Halloran
Over $1,000,000
Vernon T. Bice
Over
$1,000,000
Matthew R. DeCicco
$100,001
-
$500,000
Benjamin Ebel
$50,001
-
$100,000
Health Care Fund
Devesh Karandikar
$500,001
-
$1,000,000
Matthew R. DeCicco
$100,001
-
$500,000
Heidi A. Lawrence
2
$
10,001
-
$50,000
Samantha E. Shevins
2
$50,001
-
$100,000
International Equity Fund
Matthias A. Knerr
$100,001
-
$500,000
Sue Kim
$100,001
-
$500,000
International Opportunities Fund
Thomas Banks
$500,001
-
$1,000,000
Vincent J. McBride
$500,001
-
$1,000,000
International Value Fund
Vincent J. McBride
Over $1,000,000
Ryan C. Howard
$10,001
-
$50,000
Asad A. Mawjee
$100,001
-
$500,000
Micro Cap Growth Fund
F. Thomas O’Halloran
$500,001
-
$1,000,000
Matthew R. DeCicco
$100,001
-
$500,000
Vernon T. Bice
$100,001
-
$500,000
Value Opportunities Fund
John C. Hardy
$500,001
-
$1,000,000
1
As of February 14, 2025.
2
As of
March 31, 2025.
Capitalized terms used in this Supplement shall, unless otherwise defined herein, have the same meaning
as given in the SAI.
Please retain this document for your
future reference.
STATEMENT OF ADDITIONAL INFORMATION
MARCH 1, 2025
LORD ABBETT SECURITIES TRUST
Lord Abbett Alpha Strategy Fund
Lord Abbett Focused Large Cap Value
Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
ALFAX
R2
ALFQX
A
LAFLX
R2
N/A
C
ALFCX
R3
ALFRX
C
LCFLX
R3
LQFLX
F
ALFFX
R4
ALFKX
F
LFFLX
R4
LSFLX
F3
ALFOX
R5
ALFTX
F3
LOFLX
R5
LFLTX
I
ALFYX
R6
ALFVX
I
LIFLX
R6
LVFLX
P
N/A
Lord Abbett Focused Growth Fund
Lord Abbett Focused Small Cap Value
Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LFGAX
R2
N/A
A
LFVAX
R2
N/A
C
LFGCX
R3
LFGQX
C
LFVCX
R3
N/A
F
LFGFX
R4
LFGSX
F
LFSFX
R4
N/A
F3
LFGOX
R5
LFGTX
F3
LMVOX
R5
LMVVX
I
LFGIX
R6
LFGVX
I
LMVYX
R6
LMVWX
Lord Abbett Fundamental Equity Fund
Lord Abbett Global Equity Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LDFVX
R2
LAVQX
A
LGCAX
R2
N/A
C
GILAX
R3
LAVRX
C
LGCCX
R3
LGCRX
F
LAVFX
R4
LAVSX
F
LGCFX
R4
LGCSX
F3
LDFOX
R5
LAVTX
F3
LGCOX
R5
LGCVX
I
LAVYX
R6
LAVVX
I
LGCYX
R6
LGCWX
P
LAVPX
Lord Abbett Growth Leaders Fund
Lord Abbett International Value Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LGLAX
R2
LGLQX
A
LIDAX
R2
LIDRX
C
LGLCX
R3
LGLRX
C
LIDCX
R3
LIRRX
F
LGLFX
R4
LGLSX
F
LIDFX
R4
LIRSX
F3
LGLOX
R5
LGLUX
F3
LIDOX
R5
LIRTX
I
LGLIX
R6
LGLVX
I
LAIDX
R6
LIRVX
Lord Abbett Health Care Fund
Lord Abbett Micro Cap Growth Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LHCAX
R2
N/A
A
LAMGX
R2
N/A
C
LHCCX
R3
LHCQX
C
LCMGX
R3
N/A
F
LHCFX
R4
LHCSX
F
LFMGX
R4
N/A
F3
LHCOX
R5
LHCTX
F3
N/A
R5
N/A
I
LHCIX
R6
LHCVX
I
LMIYX
R6
N/A
Lord Abbett International Equity Fund
Lord Abbett Value Opportunities Fund
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
CLASS
TICKER
A
LICAX
R2
LICQX
A
LVOAX
R2
LVOQX
C
LICCX
R3
LICRX
C
LVOCX
R3
LVORX
F
LICFX
R4
LICSX
F
LVOFX
R4
LVOSX
F3
LICOX
R5
LICTX
F3
LVOOX
R5
LVOTX
I
LICYX
R6
LICVX
I
LVOYX
R6
LVOVX
P
LICPX
P
LVOPX
Lord Abbett International Opportunities
Fund
CLASS
TICKER
CLASS
TICKER
A
LAIEX
R2
LINQX
C
LINCX
R3
LINRX
F
LINFX
R4
LINSX
F3
LOIEX
R5
LINTX
I
LINYX
R6
LINVX
P
LINPX
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 March 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 Securities Trust is comprised of the following Funds:
Lord Abbett Alpha Strategy Fund:
Alpha Strategy Fund
Lord Abbett Focused Growth Fund:
Focused Growth Fund
Lord Abbett Focused Large Cap Fund:
Focused Large Cap Fund
Lord Abbett Focused Small Cap Value Fund:
Focused Small Cap Value Fund
Lord Abbett Fundamental Equity Fund:
Fundamental Equity Fund
Lord Abbett Global Equity Fund:
Global Equity Fund
Lord Abbett Growth Leaders Fund:
Growth Leaders Fund
Lord Abbett Health Care Fund:
Health Care Fund
Lord Abbett International Equity Fund:
International Equity Fund
Lord Abbett International Opportunities Fund:
International Opportunities Fund
Lord Abbett International Value Fund:
International Value Fund
Lord Abbett Micro Cap Growth Fund:
Micro Cap Growth Fund
Lord Abbett Value Opportunities Fund:
Value Opportunities 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
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 Securities Trust
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
Securities 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
Part I
2-1
2.
FUND INFORMATION
The Registrant is an open-end management investment company registered under the 1940 Act. All
Funds are diversified except Lord Abbett Focused Growth Fund which is non-diversified within the
meaning of the 1940 Act. The tables below set forth information about the Registrant’s organization and
certain Funds’ name changes.
Registrant Organization
Registrant
Form of
Organization
Date of Organization
Number
of
Funds
Shares Available
for Issuance
Lord Abbett Securities
Trust
Delaware statutory
trust
February 26, 1993
13
Unlimited
Fund Name Changes
Funds
Former Names
Effective Dates of
Name Change
Lord Abbett Global Equity Fund
Lord Abbett Global Equity Research Fund
November 1, 2021
Lord Abbett Focused Small Cap
Value Fund
Lord Abbett Micro Cap Value Fund
July 1, 2019
Lord Abbett International Value
Fund
Lord Abbett International Dividend Income
Fund
September 30, 2018
Lord Abbett Global Equity Research
Fund
Lord Abbett Global Core Equity Fund
May 15, 2018
Lord Abbett International Equity
Fund
Lord Abbett International Core Equity Fund
October 31, 2017
Information about the Availability of the Micro Cap Growth Fund.
Lord Abbett Micro Cap Growth
Fund is not available for purchase by new investors, except as described in the prospectus.
Investors should note that the Fund reserves the right to refuse any purchase order that Lord Abbett
believes might disrupt the efficient management of the Fund and reserves the right to further limit the
availability of the Fund.