Lord Abbett Floating Rate Fund

 

Supplement dated October 15, 2013 to the

Summary Prospectus dated April 1, 2013

 

The following replaces the subsection under “Management – Portfolio Managers” on page 8 of the summary prospectus:

 

Portfolio Manager/Title Member of
the Investment
Management
Team Since
Jeffrey D. Lapin, Portfolio Manager 2012
Robert A. Lee, Partner and Director 2013
Christopher J. Towle, Partner and Director 2007

 

 

 

Please retain this document for your future reference.

 

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