Formulaire 40-17G / A AJUSTEMENT DE LORD ABBETT ☎ mutuelle santé entreprise

De la couverture des risques de subis et pourquoi pas causés à des tiers, aux garanties pour couvrir pertes d’exploitation et risques informatiques, les contrats d’assurance, même facultatifs, s’avérer indispensables.
ll assez de temps en temps d’un incendie ou bien de la livraison d’un produit défaillant pour mettre en péril la vie d’une entreprise… Si, du encaissé point de vue juridique, seules plusieurs couvertures sont obligatoires – l’assurance des véhicules, la responsabilité civile et les sang-froid rares de type garantie décennale pour plusieurs secteurs d’activité -, PME et TPE ont tout intérêt à souscrire des garanties complémentaires. Au-delà du encaissé minimum – la garantie des biens, celle des pertes d’exploitation ou la responsabilité civile prostituée -, plusieurs contrats peuvent se révéler utiles à l’égard de l’activité de la société (informatique, chimie, transports, pratique cycliques…) mais encore faciliter son expansion à l’international. Difficile toutefois de s’y retrouver dans une offre surabondante. Parcours fléché des sept contrats exigé à l’entreprise.

1. L’assurance des biens

Première grande catégorie d’assurances pour entreprises: la couverture des risques potentiels extérieurs. Inondation, incendie, vol menacent les locaux, le matériel ou stocks. Contre ces dommages, une caractère spécifique doit être souscrite, non obligatoire mais néanmoins incontournable. “Attention, si l’entreprise est locataire de ses locaux – bureaux, usine, entrepôt- elle obligatoire souscrire une sûreté pour couvrir les dommages liés aux biens immobiliers et sa responsabilité d’occupation. Cette obligation figure dans la loi n°89-462 du 6 juillet 1989”, avertit Damien Palandjian responsable département à la Direction des Services aux Entreprises, chez le courtier en maîtrise Verspieren.

En de sinistre, le chef de plan fera une déclaration à sa compagnie d’assurances dans un délai juridique rappelé selon le contrat (de de deux ans à cinq jours, selon les risques), vraiment immédiatement pour mode fondamentaux (incendie, catastrophe naturelle, tempête, cambriolage…). Le montant de l’indemnisation dépend alors de les chiffres des biens garantis, il est pourquoi il ne faut pas oublier d’avertir son assureur lorsque le périmètre des biens à assurer évolue en cours d’année (achat de nouvelles machines, reprise d’un autre site…), ni de vérifier quels sont les dommages réellement couverts. Les sociétés qui ont une activité cyclique se traduisant selon une variation importante des accumulation d’articles ont intérêt à faire part cette spécificité à assureur pour être mieux couvertes en cas de dommages. La valeur des épargne est alors établie sur la base de montant annuel le plus important et régularisée en fin d’année.

Dans accomplis cas de figure, l’indemnisation existera versée le plus souvent après présentation des factures analogue aux réparations nécessaires ainsi qu’à à l’achat de nouvelle matériels. En cas de lourd sinistre, l’assureur toutefois verser des acomptes à son client.


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John T. Fitzgerald

Avocat général adjoint

Numéro direct: 201.827.2128

Fax: 201.827.3154

e. email: jfitzgerald@lordabbett.com

2019 10 septembre

VIA EDGAR

US Securities and Exchange Commission
100 rue F, NE
Washington, D.C. 20549

Re: Obligation de fidélité globale (obligation n ° 87023119B) à ces fonds du fonds Lord Abbett

Fonds affilié Lord Abbett, Inc (Affaire n ° 811-00005)
Fonds de dette obligataire Lord Abbett, Inc. (Affaire n ° 811-02145)
Fonds d'opportunités de crédit Lord Abbett (Cas nos 811-23383)
Fonds de croissance, développement Lord Abbett, Inc. (Affaire n ° 811-02871)
Lord Abbett Equity Trust (Cas nos 811-10371)
Fonds mondial Lord Abbett, Inc. (Affaire n ° 811-05476)
Lord Abbett Investment Trust (Affaire n ° 811-07988)
Fonds d'actions de moyenne capitalisation Lord Abbett, Inc. (Affaire n ° 811-03691)
Fonds de revenu municipal Lord Abbett, Inc (Affaire n ° 811-03942)
Fondation de recherche Lord Abbett, Inc. (Affaire n ° 811-06650)
Lord Abbett Securities Trust (Affaire n ° 811-07538)
Lord Abbett Series Foundation, Inc (Affaire n ° 811-05876)
Lord Abbett, gouvernement des États-Unis et fonds du marché monétaire sponsorisés par le gouvernement, Inc. (Affaire n ° 811-02924)

Mesdames et Messieurs:

En vertu de l'article 17g-1 (g) de la loi sur les sociétés de placement
En 1940, dans sa version modifiée, les fonds communs de placement gérés ("fonds") au nom de Lord Abbetti susmentionné
fermé pour dépôt:

a) Copie de l'obligation globale de la société d'investissement (Blanket Fidelity Bond), y compris les avenants (numérotés de 1 à 13)
mis à jour depuis 2019 30 juin d'ici 2020 30 juin (Pièce A);

(b) Une copie du certificat signé par le dirigeant autorisé du Fonds confirmant les résolutions de la majorité des membres
le type de conseils d'administration / fiduciaires qui ne sont pas des "parties prenantes" dans chaque fonds,
la forme et la couverture des obligations de fidélité globales et la partie de la prime devant être payée par chaque fonds (voir pièce B);

c) une déclaration précisant le montant d'une obligation sécurisée que chaque société d'investissement aurait soumise et maintenue
si elle n'a pas été désignée comme une obligation globale de fidélité (pièce C); et

(d) une copie de la convention entre le Fonds et tout autre assureur désigné en vertu de l'obligation globale de fidélité est requise
en vertu de la règle 17g-1f) (exemple D).

Une prime pour le lien de fidélité de la courtepointe a été payée
période de 2019 30 juin d'ici 2020 30 juin

Si vous en avez besoin, contactez les signataires par tél. (201) 827-2128
toute information supplémentaire.

Sincèrement
/ s / John T. Fitzgerald
John T. Fitzgerald
Vice-président et secrétaire adjoint
de Lord Abbett Funds

Pièce jointe

Réciproque ICI
LA COMPAGNIE D'ASSURANCE,

groupe de rétention de risque

1401 H St.
Washington, DC, 20005

FONDS DE BLANKET COMPANY

ICI MUTUAL INSURANCE COMPANY,

groupe de rétention de risque

1401 H St.

Washington, DC, 20005

DECLARATIONS

AVIS

Cette police est émise sous réserve de rétention de risque
groupe. Votre groupe de rétention des risques peut ne pas être soumis à toutes les lois et réglementations en vigueur dans votre État. Assurance d'Etat
Les fonds de garantie de faillite ne sont pas disponibles pour votre équipe de conservation des risques.

Point 1 Nom de l'assuré (Assured) Numéro du lien:
Lord Abbett & Co. LLC 87023119B

Bureau du directeur: Adresse postale:
90 rue Hudson 90 rue Hudson
Jersey City, NJ 07302 Jersey City, NJ 07302

Point 2 Période des obligations: à partir de 12h01 Juin
2019
jusqu'à 12h01 2020 30 juin ,
ou à la date antérieure d’expiration de ce cautionnement, l’heure normale de chacun des jours susmentionnés au siège.
Point 3 Limite de responsabilité –
Sous réserve des chapitres 9, 10 et 12 de la présente décision:
LIMITES
RESPONSABILITE
Référence
Montant
Contrat d'assurance A- Fidélité 30 000 000 $ 100 000 $
Contrat d'assurance B- COÛTS D'AUDIT 50 000 $ 10 000 $
Contrat d'assurance C- Dans les chambres 30 000 000 $ 100 000 $
Contrat d'assurance D- TRANSIT 30 000 000 $ 100 000 $
Contrat d'assurance par courrier électronique Contrefaçon ou remplacement 30 000 000 $ 100 000 $
Contrat d'assurance F- TITRES 30 000 000 $ 100 000 $
Contrat d'assurance G- Monnaie contrefaite 30 000 000 $ 100 000 $
Contrat d'assurance H- DISPOSITIONS GRATUITES 25 000 $ 5000 $
Contrat d'assurance I TRANSACTIONS TELEPHONIQUES / ELECTRONIQUES 30 000 000 $ 100 000 $
Contrairement à "non enrobé"
L’une des polices d’assurance susmentionnées, une telle police d’assurance et toutes ses références sont réputées être supprimées de ce cautionnement.
ACCORDS D'ASSURANCE FACULTATIF INCLUS PAR LE CLIENT:
Contrat d'assurance J- SÉCURITÉ INFORMATIQUE 30 000 000 $ 100 000 $
Contrat d'assurance M- FRAUDE DE GÉNIE SOCIAL 1 000 000 $ 100 000 $

Point 4 Institutions ou locaux d'assurance – toutes les institutions assurées existantes ou autres locaux
ce cautionnement prend effet et comprend ce cautionnement, sauf pour les bureaux ou autres locaux non couverts par Rider. Bureaux ou autres
les locaux achetés ou établis après la date d'entrée en vigueur du présent cautionnement sont soumis aux conditions de l'accord-cadre A.

Point 5 Responsabilité de ICI Mutual Insurance Company, groupe de conservation du risque ("assureur")
il est soumis aux conditions des coureurs suivants annexés au présent document:
Pilotes: 1-2-3-4-5-6-7-8-9-10-11-12-13
et
de toutes les obligations ainsi émises au cours de la période d’obligation.

Par: / S / John T. Mulligan Par: / S / Swenitha Nalli
Représentant autorisé Représentant autorisé

FONDS DE BLANKET COMPANY

AVIS

Cette police est émise sous réserve de rétention de risque
groupe. Votre groupe de rétention des risques peut ne pas être soumis à toutes les lois et réglementations en vigueur dans votre État. Assurance d'Etat
Les fonds de garantie de faillite ne sont pas disponibles pour votre équipe de conservation des risques.

ICI Mutual Insurance Company – Rétention de risque
Le groupe (le «prestataire d’assurance»), sous réserve de la prime convenue et du recours au programme et à tout autre
les informations fournies par l'assuré à la compagnie d'assurance conformément aux déclarations, aux accords-cadres,
Termes, conditions et limitations et autres conditions de ce cautionnement (y compris tous les participants au présent contrat) (le "cautionnement")
accepte d'indemniser l'assuré pour les pertes décrites dans la limite de responsabilité et le montant déductible
Dans les contrats d’assurance maintenus à tout moment par l’assuré mais constatés pendant la durée du cautionnement.

CONTRATS D'ASSURANCE

Perte résultant directement de toute
Actes déloyaux ou malhonnêtes commis par un employé en tout lieu, que ce soit seul ou en association avec d'autres
personnes (qu’elles soient ou non des employés) au moment où cet employé a le statut de travailleur tel que défini dans les présentes, et même si
cette perte ne doit être détectée qu'après la cessation de son activité professionnelle; SAUF pour les pertes couvertes par le contrat d'assurance
B.

Frais engagés par l'assuré
pour la partie du coût de l'audit ou de l'examen requis par un organisme de réglementation gouvernemental ou un organisme d'autoréglementation
par la découverte d'une telle autorité ou organisation, ou d'un comptable indépendant ou d'une autre personne
pertes subies par l’assuré et couvertes par le présent cautionnement.

Perte de propriété directement
toute disparition mystérieuse ou acte frauduleux ou malhonnête commis par une personne physiquement présente dans le bureau, ou
Au moment de la remise du bien dans les locaux de l’assuré, alors que le bien est (ou est raisonnablement supposé ou présumé)
à fournir ou à déposer par la personne assurée dans des bureaux ou locaux de cette personne, autres que ceux-ci
retiré du cavalier; SAUF pour les pertes couvertes par le contrat d'assurance A.

Perte de propriété directement
pour toute disparition mystérieuse, acte frauduleux ou malhonnête alors que la propriété est transférée physiquement (et non électroniquement)
sous la garde d'une personne autorisée par l'assuré à exercer les fonctions de courrier, sauf lorsqu'elle se trouve à la poste ou chez le transporteur
à louer (sauf société de sécurité); SAUF pour les pertes couvertes par le contrat d'assurance A. Propriété "en transit"
commençant dès la réception par la personne transportant ces biens et se terminant immédiatement à la livraison à la personne désignée
au cessionnaire ou à son mandataire, mais uniquement au moment du transfert de la propriété.

Les pertes résultant directement de
L’Assuré ayant payé ou transféré un bien de bonne foi sur la base de tout original écrit:

(1) lettres de change, chèques, billets à ordre ou tout autre ordre écrit ou ordre de paiement
espèces, acceptations, certificats de dépôt, billets à ordre, mandats, mandats, bons du Trésor ou lettres de crédit;
ou

(2) instructions, demandes ou applications adressées à l'assuré, octroyant ou approuvant l'assurance
transfert, paiement, rachat, livraison ou réception d’argent ou de biens, ou notification de tout compte bancaire (sur de telles instructions
ou des demandes ou applications qui n'auraient pas été signées ou approuvées par (a) un client de l'assuré ou (b) un actionnaire
les actions émises ou souscrites par toute société d'investissement; ou (c) toute institution financière ou bancaire ou courtier en valeurs mobilières, et
si ces instructions, demandes ou demandes contiennent une fausse signature ou un faux avenant ou ont été modifiées sans préavis.
la connaissance et le consentement de ce client, de cet actionnaire ou de ce souscripteur à l’égard des actions émises par la société de placement ou de ces institutions financières.
institution bancaire ou courtier en valeurs mobilières); ou

(3) Ordres de recouvrement d'avoirs ou reçus, ou reçus ou certificats de sécurité
pour le bien et ayant le nom de l'assuré en tant qu'émetteur ou le nom d'une autre société d'investissement à laquelle l'assuré agit en tant que représentant;

qui ont (a) un faux, ou (b)
remplacement, mais seulement dans la mesure où la contrefaçon ou le remplacement provoque un dommage direct.

Actifs physiques
l'assuré ou son représentant autorisé énuméré aux points (1) à (3) est une condition
L'assuré s'appuie sur des choses.

Ce contrat d'assurance E est fait
ne comprend pas les pertes dues à la falsification ou à l'altération de valeurs mobilières ni les pertes couvertes par le contrat d'assurance A.

Les pertes résultant directement de
Assuré de bonne foi, dans le cours normal des affaires et, à quelque degré que ce soit, pour son propre compte ou pour son propre compte
avoir acheté, accepté ou reçu, ou vendu, livré ou fourni une valeur, accordé un crédit aux frais d’autres personnes;
a accepté toute responsabilité sur la base de tout titre écrit, original, lorsque de telles pertes résultent de ces titres
prouver:

(1) – sont contrefaits, mais uniquement dans la mesure où la contrefaçon cause un dommage direct, ou –

(3) il contient de la contrefaçon ou de l'altération, mais uniquement dans la mesure où elle est directement causée par la contrefaçon ou l'altération
perte,

et si oui ou non
le fait du non-assuré qui a causé un tel dommage ne contrevient à aucune constitution, loi, règle ou réglementation autoréglementée
L'organisation, que l'assuré soit membre ou non.

Ce contrat d'assurance F est exécuté
ne pas couvrir les pertes couvertes par le contrat d'assurance A.

Actifs physiques réels
L’Assuré ou son représentant autorisé en valeurs mobilières est une condition pour que l’Assuré s’appuie sur les titres.

Les pertes résultant directement de
Fausse monnaie reçue de bonne foi par l’Assuré.

Ce contrat d'assurance G est exécutoire
ne pas couvrir les pertes couvertes par le contrat d'assurance A.

H. DISPOSITIONS GRATUITES

Les pertes résultant directement de
payer des dividendes, émettre des actions du Fonds ou racheter ou échanger des fonds d'un compte avec le Fonds
à propos de

(1) éléments de dépôt non récupérables du client, de l'actionnaire ou du souscripteur du Fonds crédités
au compte de la personne assurée ou de son mandataire, ou

(2) tout élément de dépôt traité par une chambre de compensation automatisée et inversé par le fonds
un client, un actionnaire ou un souscripteur et est assuré;

À condition que (a) les articles de dépôt
ne sont réputées recouvrables que lorsque la procédure de recouvrement de l'assuré a eu lieu; b) l'échange d'actions entre
Pour les fonds avec privilèges d'échange, cette disposition ne s'applique que si tous les fonds sont assurés par le preneur d'assurance pour des sommes d'argent non récupérables.
Éléments de dépôt et c) le fonds couvert doit mettre en œuvre et respecter le principe de minimisation des éléments de dépôt.
le nombre de jours indiqué dans la demande (telle que modifiée de temps à autre) avant le versement des dividendes ou des permis de rachat
en ce qui concerne les éléments de ces dépôts (à l'exclusion des échanges entre fonds). Peu importe le nombre de transactions entre fonds
dans le programme d'échange, le nombre minimum de jours de conservation des effets de dépôt commence à compter de la date de dépôt
a été transféré pour la première fois à l’un des fonds assurés.

Ce contrat d'assurance H
ne pas couvrir les pertes couvertes par le contrat d'assurance A.

Moi TRANSACTIONS TELEPHONIQUES / ELECTRONIQUES

Pertes résultant directement de:
Transaction téléphonique / électronique lorsque la demande pour la transaction téléphonique / électronique suivante est:

(1) est transmise à l'assuré ou à ses agents par téléphone ou électroniquement;
et

(2) est faite par une personne qui prétend être un actionnaire, un souscripteur ou un représentant autorisé du Fonds
Un actionnaire ou un souscripteur du Fonds; et

(3) est illégal ou malhonnête et est commis avec l'intention évidente de frauder;

INDIQUÉ que l'entité recevant
une telle exigence pendant la durée de la caution soutient et suit généralement toutes les procédures de sécurité pour les transactions téléphoniques / électroniques avec
respect de toutes les transactions téléphoniques / électroniques; et

SAUF pour pertes
de:

(1) non paiement des tentatives d’actions; ou

(2) tout rachat d'actions de la société d'investissement mal crédité à l'actionnaire
un compte sur lequel cet actionnaire n'a pas (a) directement ou indirectement déclaré que de telles actions sont créditées sur ce compte; et (b)
ou un revenu dérivé indirect ou d'autres avantages d'un tel rachat; ou

(3) tout rachat d’actions émises par la société d’investissement lorsque ce rachat génère un produit
a été invité à (i) être payé ou payé à un destinataire non autorisé ou à un compte bancaire autorisé, ou (ii)
envoyé à une adresse autre qu'une adresse autorisée;

(4) non-respect intentionnel des procédures de sécurité pour une ou plusieurs transactions téléphoniques / électroniques;
ou

(5) demande de transaction par e-mail ou par téléphone / électronique sous quelque forme que ce soit
pas de procédures de sécurité pour les transactions téléphoniques / électroniques; ou

(6) défaillance ou contournement de tout dispositif de sécurité physique ou électronique, y compris tout pare-feu;
il mesure le flux de trafic électronique en provenance ou à destination de tout système informatique.

Je vais souscrire cette assurance
n'inclut pas les pertes couvertes par le contrat d'assurance A, Fidelity ou le contrat d'assurance J, Sécurité informatique.

ACCORDS GÉNÉRAUX

A. BUREAU ADDITIONNEL OU EMPLOYÉS – CONSOLIDATION OU COMBINAISON – NOTIFICATION

1 Sous réserve des dispositions du paragraphe 2, ce cautionnement sera applicable à toutes les institutions filiales établies
pendant la durée du cautionnement assuré et à tous les employés pendant la durée du cautionnement sans préavis ni paiement
paiements supplémentaires au courtier pour la période d'obligation.

2 Si, pendant la durée de l'obligation, l'entreprise d'investissement assurée fusionne ou se consolide avec l'institution
si cette personne assurée est un survivant ou achète la quasi-totalité des actifs ou du capital-actions d'une autre institution,
acquiert ou crée un portefeuille de placements distinct et en informe le distributeur dans les soixante (60) jours, puis
La caution est automatiquement applicable aux actifs et aux employés résultant de cette fusion, consolidation, acquisition ou création.
de sa date; toutefois, le distributeur d’assurance peut obliger une telle couverture à payer une prime supplémentaire.

Aucune déclaration n'a été faite en son nom
La demande de l’Assuré, qu’elle soit ou non dans la demande, doit être considérée comme une garantie absolue et uniquement comme une garantie.
que la personne responsable d’une telle déclaration sache qu’une telle déclaration est correcte.

C. Frais de justice et taxes de support

La compagnie d'assurance vous indemnisera
l'assuré couvre les frais de justice et les honoraires d'avocat raisonnables engagés et payés par l'assuré pour la défense de tout litige
intentée contre la personne assurée dans le but de recouvrer toute perte qui, si elle était établie, constituerait une perte
aux termes de ce lien; à condition toutefois que, dans le cas du contrat d'assurance A, cette prestation soit régie uniquement par le contrat d'assurance
un événement qui:

1 L'employé avoue être malhonnête ou malhonnête ou est reconnu coupable de l'avoir fait
L'acte causant la perte; ou

2 en l'absence d'un tel consentement ou d'une telle décision, l'arbitre ou les arbitres sont acceptables.
l'assuré et le preneur d'assurance, après avoir examiné l'exposé conjoint des faits, concluent que l'employé avait agi de mauvaise foi
ou un acte de fraude ayant entraîné une perte.

L’assuré doit donner immédiatement
avertir le signataire d'un tel litige et fournir à l'assureur, sur demande, une copie de tous les actes de procédure.
et d'autres documents qui y sont contenus. Lors du choix du distributeur, l'assuré doit permettre au preneur d'assurance de se défendre
une telle procédure légale au nom de l’Assuré par l’intermédiaire des avocats choisis par l’Assuré. Dans ce cas, l'assuré
fournira toutes les informations et l'assistance raisonnables que le Titulaire de la police jugera nécessaires pour appliquer correctement ces lois
continue.

Si la somme assurée
la responsabilité ou la responsabilité alléguée dans ce litige est supérieure au montant que l'assuré aurait le droit de récupérer
en vertu du présent cautionnement (sauf en vertu du présent accord-cadre C) ou, si un montant déductible s’applique, ou les deux, une indemnisation
La responsabilité du preneur d’assurance en vertu du présent contrat général C est limitée à la fraction des frais de justice et des frais d’avocat.
engagés et payés par l’assuré ou l’assureur afin que le montant que l’assuré aurait le droit de récupérer en vertu
Le cautionnement (sauf en vertu du présent contrat général C) sera couvert par ce montant, plus le montant non couvert par l’assuré.
droit au recouvrement. Cette indemnité s’ajoute à la limite de responsabilité du contrat d’assurance applicable.

Ce lien doit être interprété
en tenant dûment compte de l'objectif de loyauté au sens de la loi de 1940. La Loi sur les sociétés d’investissement en vertu de la règle 17g-1 (c’est-à-dire
dommages à des tiers innocents) et la structure du secteur de la gestion des investissements (où les actifs sont perdus)
pour la raison décrite dans tout contrat d’assurance, engage généralement la responsabilité légale du souscripteur),
dans le cas où le terme "sinistre" comprend la responsabilité légale de l'assuré en réparation directe
dommages directement liés à une appropriation illicite ou à une perte de valeur mesurable d'un actif.

CETTE OBLIGATION, Y COMPRIS LA PREMIERE ASSURANCE
ACCORDS
ET LES ACCORDS-CADRES S'APPLIQUENT AUX SUIVANTS
TERMES, CONDITIONS ET RESTRICTIONS:

SECTION 1. DÉFINITIONS

Suivant
les termes utilisés dans cette note ont la signification indiquée dans cette section:

A. "Remplacement" fait référence au marquage d'une étiquette modifiée ou substantiellement modifiée
les termes, la signification ou l'effet juridique du document destiné à être fraudé.

B. "Demande" désigne la demande de l'assuré (ainsi que les pièces jointes et
matériel l'accompagnant) soumis au placeur du présent cautionnement.

C. "Adresse autorisée" signifie (1) toute adresse officiellement échangeable
le revenu peut être envoyé (2) à toute adresse fournie par écrit par l'actionnaire inscrit (à l'exclusion de la transmission électronique)
et reçu par l'assuré au moins un (1) jour avant la date de cette nomination, ou (3) à une adresse donnée
au moins 15 jours avant l'entrée en vigueur, par téléphone ou par voie électronique
la date de ce rendez-vous.

D. "Compte bancaire autorisé" désigne tout compte bancaire officiellement désigné auquel
Le produit du rachat peut être envoyé par la poste.

E. "Destinataire agréé" signifie (1) un actionnaire inscrit au registre ou (2) tout autre
La personne officiellement désignée à qui le produit de la vente peut être envoyé peut être envoyée.

F. "Système informatique" moyens (1) Ordinateurs avec composants externes connexes, y compris
composants de stockage, (2) systèmes informatiques et logiciels d'application, (3) terminaux, (4) réseaux de communication associés ou clients
systèmes de communication et (5) systèmes de transfert électronique de fonds connexes; qui collectent des données ou de l'argent par voie électronique,
transmis, traité, stocké ou reçu.

G. "Faux" signifie l'original vrai valide écrit qui est
destiné à tromper et être considéré comme original.

H. Crypto-monnaie désigne un support numérique ou électronique opérant
quelle que soit la banque centrale où les techniques de cryptage sont utilisées pour réguler la génération d’unités et vérifier le transfert
unités d'une personne à une autre.

Moi "Monnaie" est un outil d'échange pour usage courant, autorisé ou accepté
un gouvernement national ou étranger faisant partie de sa monnaie officielle.

J. "Montant du retrait" dans le cas de tout contrat d'assurance, le montant
mentionné au point 3 des déclarations ou à la section "Montant de la franchise" de tout motocycliste participant à cette assurance,
s’applique à chaque perte individuelle couverte par cette assurance.

Q. "Dépositaire" désigne tout "dépositaire" (sauf étranger)
dépositaire) où la société d’investissement peut investir ses titres conformément à la règle 17f-4 du règlement
1940 Droit des sociétés.

L. Actes déloyaux ou malhonnêtes désigne tout acte de malhonnêteté ou malhonnêteté, y compris:
"Culture et appropriation des êtres humains" tels que définis dans les années 1940. L’article 37 de la loi sur les sociétés d’investissement, délibérément
l'intention apparente de (1) causer un préjudice à l'assuré et (2) d'obtenir le gain financier erroné de l'auteur
ou toute autre personne ou entité. Les actes injustes ou malhonnêtes n'impliquent pas une conduite imprudente, négligente ou haineuse, ni ne comportent de discours de haine.
négligence. Les avantages sociaux des employés reçus ne sont pas inclus dans la définition d'un "avantage financier indu"
pendant le travail, y compris les salaires, commissions, honoraires, primes, promotions, récompenses, partage des bénéfices ou pensions.

M. "Transmission électronique" désigne toute transmission par voie électronique,
y compris, mais sans s'y limiter, les transmissions transmises par tonalités téléphoniques, fax, sans fil ou Internet.

(1) chaque dirigeant, administrateur, fiduciaire, associé ou employé de l'assuré et

(2) tout dirigeant, administrateur, fiduciaire, associé ou employé, y compris l'un des prédécesseurs de l'assuré, dont la personne principale
le bien est acquis par la personne assurée par la fusion ou la fusion de ce précurseur ou par l'achat de ce bien ou de son capital-actions
et

(3) tout avocat qui fournit des services juridiques à la personne assurée et tout avocat ou son personnel
le cabinet d'avocats d'un tel avocat dans le cadre de ses services à l'assuré, et

(4) tout étudiant stagiaire autorisé de l'assuré, quel que soit son bureau,
et

(5) chaque dirigeant, administrateur, fiduciaire, associé ou employé

a) conseiller en investissement,
(b) preneur d'assurance (distributeur),
c) l'agent des transferts ou le comptable-actionnaire, ou
(d) un administrateur autorisé, par accord écrit, à gérer les documents financiers et / ou autres au besoin,

à une société d'investissement appelée
en tant qu'assuré, UNIQUEMENT alors que (i) le dirigeant, l'associé ou l'employé exerce des activités entrant dans le cadre de ses fonctions habituelles
un dirigeant ou employé assuré, ou (ii) ce dirigeant, administrateur, fiduciaire, associé ou employé agit en tant que
tout comité dûment élu ou nommé pour examiner, inspecter, superviser ou utiliser les biens du preneur d'assurance, ou (iii)
cet administrateur ou fiduciaire (ou toute autre personne agissant dans des fonctions similaires) n'entre pas dans le cadre des fonctions normales d'un administrateur
ou un fiduciaire; A FOURNI que le terme «employé» n’inclut pas les dirigeants, administrateurs, fiduciaires, associés ou employés
agent de transfert, registraire comptable actionnaire ou administrateur (x) qui n'est pas une "partie liée"
tel que défini dans les années 1940. Article 2 a) de la Loi sur les sociétés d’investissement), une entreprise d’investissement connue sous le nom d’assuré, de conseiller ou de
un distributeur d'une telle société d'investissement, ou (y) une "banque" (au sens de la Section 2 (a) de la Société d'investissement)
1940 Agir) et

(6) toute personne nommée par contrat ou par l’une des agences fournissant du personnel temporaire, tant
– occasionnellement ou à temps partiel, accomplir les tâches habituelles des employés des institutions assurées, et

(7) toute personne nommée pour exercer les fonctions normales d'un employé ou d'un dirigeant d'une entité autorisée
procéder à des contrôles ou à d'autres documents comptables du responsable du traitement électronique des données, par accord écrit avec l'assuré
L’Assuré, à l’exclusion du responsable du traitement des données, agissant en tant qu’agent de transfert ou exerçant tout autre droit du représentant de l’Assuré lors de la délivrance
– des chèques, des lettres de change ou des valeurs mobilières, sauf s'ils sont visés au paragraphe 5, et

(8) chaque officier, partenaire ou employé

a) tout dépositaire ou bourse,
(b) tout prête-nom pour le compte duquel un titre est enregistré est inclus dans le système de gestion centrale
– des titres constitués et conservés par tout dépositaire, et –
c) toute société de services reconnue fournissant des secrétaires ou autre personnel à un dépositaire ou à une bourse
par contrat,

o tel officier, partenaire
ou l'employé fournit des services à tout dépositaire tout en exploitant des systèmes centraux de gestion des titres, et

(9) dans le cas d'une personne assurée, il s'agit d'un "régime d'avantages sociaux" (tel que défini à la section 4)
1974 Article 3 de la loi sur la protection du revenu de retraite des employés («ERISA»), adressé aux dirigeants, administrateurs ou employés d'autres personnes
Assuré («régime interne»), tout «fiduciaire» ou autre «agent de régime» (tel que défini à la
ERISA (section 412 de ce plan interne)) si ce fiduciaire ou autre responsable du régime est un administrateur, associé, dirigeant,
fiduciaire ou employé de l’assuré (sauf pour le régime interne).

Tout employeur de personnel temporaire
et chacune des entités visées aux paragraphes 6 et 7 et leurs partenaires, dirigeants et employés respectifs
sera traité comme une seule personne pour toutes les fins de ce lien.

Courtiers, agents, entrepreneurs indépendants,
ou des représentants de même nature générale ne sont pas considérés comme des employés, sauf dans les cas prévus aux paragraphes 3, 6,
et (7).

O "Échanges" désigne toute bourse nationale inscrite au registre des valeurs mobilières
1934 La loi de l'échange.

P. "Contrefaçon" signifie la signature physique du nom d'une autre personne sur le document
l'intention de tromper. La contrefaçon peut être effectuée par reproduction mécanique de signatures fac-similées, ainsi que de signatures manuscrites.
La contrefaçon n'inclut pas la signature du nom d'une personne, quelles que soient son autorité ou sa capacité
ou but.

Q. "Articles de dépôt" désigne un ou plusieurs chèques ou brouillons.

R. Société d'investissement ou "Fondation" signifie une société d'investissement
enregistré sous les années 1940. Loi sur les sociétés d’investissement.

S. "Limite de responsabilité" signifie une limite sur tout contrat d'assurance
La responsabilité du preneur d’assurance pour toute perte ponctuelle couverte par un tel contrat d’assurance, telle que définie dans la Limite.
responsabilité ", dans Revendications 3 ou tout avenant pour une telle assurance.

T. "Disparition mystérieuse" désigne toute disparition de biens qui, après
une enquête raisonnable a été menée, ne peut être expliquée.

U. Non-fonds désigne toute société, fiducie commerciale, partenariat, fiducie ou autre
entité qui n'est pas une société d'investissement.

V. Officiellement Désigné signifie désigné par l'actionnaire du registre:

(1) dans la demande de compte initiale,

(2) par écrit accompagné d'une signature, ou

(3) par écrit ou par transmission électronique, lorsque cette désignation est vérifiée par un rappel aux
l’actionnaire du dossier par l’assuré à un numéro de téléphone prédéterminé fourni par l’actionnaire du dossier à l’assuré
par écrit au moins 30 jours avant un tel rappel.

W. “Original” signifie premier rendu ou archétype et n'inclut pas les photocopies
ou des transmissions électroniques même si elles sont reçues et imprimées.

X. Transaction téléphonique / électronique désigne tout (1) rachat d'actions émises par
une société d’investissement, (2) un choix concernant les options de dividende offertes aux actionnaires, (3) un échange d’actions d’une société enregistrée
compte d'un Fonds dans des actions d'un compte également enregistré d'un autre Fonds du même complexe pour échanger des privilèges
(4) l’achat d’actions émises par une société d’investissement, qui constitue un rachat, un choix, un échange ou un achat de
demande vocalement par téléphone ou par transmission électronique.

Y. Procédures de sécurité des transactions téléphoniques / électroniques signifie des procédures de sécurité
pour les transactions téléphoniques / électroniques, comme indiqué dans la demande et / ou autrement fournie par écrit au preneur ferme.

Z. «Propriété» les éléments corporels suivants: argent, timbres postaux et timbres fiscaux,
métaux précieux, valeurs mobilières, lettres de change, acceptations, chèques, traites, ou autres ordres écrits ou instructions de payer des sommes
certains en argent, certificats de dépôt, effets échus, mandats, lettres de crédit, contrats à terme standardisés, contrats conditionnels
contrats de vente, résumés de titres, polices d’assurance, actes de vente, hypothèques et cessions de ce qui précède et autres
papiers, y compris les livres de comptes et autres documents utilisés par l'assuré dans l'exercice de ses activités, et tous autres instruments
similar to or in the nature of the foregoing (but excluding all data processing records), (1) in which the Insured has a legally
cognizable interest, (2) in which the Insured acquired or should have acquired such an interest by reason of a predecessor’s
declared financial condition at the time of the Insured’s consolidation or merger with, or purchase of the principal assets
of, such predecessor or (3) which are held by the Insured for any purpose or in any capacity.

AA. “Securities” means original negotiable or non-negotiable agreements or instruments
which represent an equitable or legal interest, ownership or debt (including stock certificates, bonds, promissory notes, and assignments
thereof), which are in the ordinary course of business transferable by physical delivery with appropriate endorsement or assignment.
“Securities” does not include bills of exchange, acceptances, certificates of deposit, checks, drafts, or other written
orders or directions to pay sums certain in money, due bills, money orders, or letters of credit.

BB. “Security Company” means an entity which provides or purports to provide the
transport of Property by secure means, including, without limitation, by use of armored vehicles or guards.

CC. “Self-Regulatory Organization” means any association of investment advisers
or securities dealers registered under the federal securities laws, or any Exchange.

DD. “Shareholder of Record” means the record owner of shares issued by an Investment
Company or, in the case of joint ownership of such shares, all record owners, as designated (1) in the initial account application,
or (2) in writing accompanied by a signature guarantee, or (3) pursuant to procedures as set forth in the Application and/or as
otherwise provided in writing to the Underwriter.

EE. “Single Loss” means:

(1) all loss caused by any one act (other than a Dishonest or Fraudulent Act) committed by one person,
ou

(2) all loss caused by Dishonest or Fraudulent Acts committed by one person, or

(3) all expenses incurred with respect to any one audit or examination, or

(4) all loss caused by any one occurrence or event other than those specified in subsections (1) through
(3) above.

All acts or omissions of one or
more persons which directly or indirectly aid or, by failure to report or otherwise, permit the continuation of an act referred
to in subsections (1) and (2) above of any other person shall be deemed to be the acts of such other person for purposes of this
subsection.

All acts or occurrences or events
which have as a common nexus any fact, circumstance, situation, transaction or series of facts, circumstances, situations, or transactions
shall be deemed to be one act, one occurrence, or one event.

FF. “Telefacsimile” means a system of transmitting and reproducing fixed graphic
material (as, for example, printing) by means of signals transmitted over telephone lines or over the Internet.

GG. “Written” means expressed through letters or marks placed upon paper and visible
to the eye.

SECTION 2. EXCLUSIONS

THIS BOND DOES NOT COVER:

A. Loss resulting from (1) riot or civil commotion outside the United States of America and Canada,
or (2) war, revolution, insurrection, action by armed forces, or usurped power, wherever occurring; except if such loss occurs
while the Property is in transit, is otherwise covered under Insuring Agreement D, and when such transit was initiated, the Insured
or any person initiating such transit on the Insured’s behalf had no knowledge of such riot, civil commotion, war, revolution,
insurrection, action by armed forces, or usurped power.

B. Loss in time of peace or war resulting from nuclear fission or fusion or radioactivity, or biological
or chemical agents or hazards, or fire, smoke, or explosion, or the effects of any of the foregoing.

C. Loss resulting from any Dishonest or Fraudulent Act committed by any person while acting in the
capacity of a member of the Board of Directors or any equivalent body of the Insured or of any other entity.

D. Loss resulting from any nonpayment or other default of any loan or similar transaction made by
the Insured or any of its partners, directors, officers or employees, whether or not authorized and whether procured in good faith
or through a Dishonest or Fraudulent Act, unless such loss is otherwise covered under Insuring Agreement A, E, or F.

E. Loss resulting from any violation by the Insured or by any Employee of any law, or any rule or
regulation pursuant thereto or adopted by a Self-Regulatory Organization, regulating the issuance, purchase or sale of securities,
securities transactions upon security exchanges or over the counter markets, Investment Companies, or investment advisers, unless
such loss, in the absence of such law, rule or regulation, would be covered under Insuring Agreement A, E, or F.

F. Loss resulting from Property that is the object of a Dishonest or Fraudulent Act or Mysterious
Disappearance while in the custody of any Security Company, unless such loss is covered under this Bond and is in excess of the
amount recovered or received by the Insured under (1) the Insured’s contract with such Security Company, and (2) insurance
or indemnity of any kind carried by such Security Company for the benefit of, or otherwise available to, users of its service,
in which case this Bond shall cover only such excess, subject to the applicable Limit of Liability and Deductible Amount.

G. Potential income, including but not limited to interest and dividends, not realized by the Insured
because of a loss covered under this Bond, except when covered under Insuring Agreement H.

H. Loss in the form of (1) damages of any type for which the Insured is legally liable, except direct
compensatory damages, or (2) taxes, fines, or penalties, including without limitation two-thirds of treble damage awards pursuant
to judgments under any statute or regulation.

I. Loss resulting from the surrender of Property away from an office of the Insured as a result of
kidnap, ransom, or extortion, or a threat

(1) to do bodily harm to any person, except where the Property is in transit in the custody of any
person acting as messenger as a result of a threat to do bodily harm to such person, if the Insured had no knowledge of such threat
at the time such transit was initiated, or

(2) to do damage to the premises or Property of the Insured,

unless such
loss is otherwise covered under Insuring Agreement A.

J. All costs, fees, and other expenses incurred by the Insured in establishing the existence of or
amount of loss covered under this Bond, except to the extent certain audit expenses are covered under Insuring Agreement B.

K. Loss resulting from payments made to or withdrawals from any account, involving funds erroneously
credited to such account, unless such loss is otherwise covered under Insuring Agreement A.

L. Loss resulting from uncollectible Items of Deposit which are drawn upon a financial institution
outside the United States of America, its territories and possessions, or Canada.

M. Loss resulting from the Dishonest or Fraudulent Acts or other acts or omissions of an Employee
primarily engaged in the sale of shares issued by an Investment Company to persons other than (1) a person registered as a broker
under the Securities Exchange Act of 1934 or (2) an “accredited investor” as defined in Rule 501(a) of Regulation D
under the Securities Act of 1933, which is not an individual.

N. Loss resulting from the use of credit, debit, charge, access, convenience, identification, cash
management or other cards, whether such cards were issued or purport to have been issued by the Insured or by anyone else, unless
such loss is otherwise covered under Insuring Agreement A.

O. Loss resulting from any purchase, redemption or exchange of securities issued by an Investment
Company or other Insured, or any other instruction, request, acknowledgement, notice or transaction involving securities issued
by an Investment Company or other Insured or the dividends in respect thereof, when any of the foregoing is requested, authorized
or directed or purported to be requested, authorized or directed by voice over the telephone or by Electronic Transmission, unless
such loss is otherwise covered under Insuring Agreement A or Insuring Agreement I.

P. Loss resulting from any Dishonest or Fraudulent Act or committed by an Employee as defined in Section
1.N(2), unless such loss (1) could not have been reasonably discovered by the due diligence of the Insured at or prior to the time
of acquisition by the Insured of the assets acquired from a predecessor, and (2) arose out of a lawsuit or valid claim brought
against the Insured by a person unaffiliated with the Insured or with any person affiliated with the Insured.

Q. Loss resulting from the unauthorized entry of data into, or the deletion or destruction of data
in, or the change of data elements or programs within, any Computer System, unless such loss is otherwise covered under Insuring
Agreement A.

R. Loss resulting from the theft, disappearance, destruction, disclosure, or unauthorized use of confidential
or personal information (including, but not limited to, trade secrets, personal shareholder or client information, shareholder
or client lists, personally identifiable financial or medical information, intellectual property, or any other type of non-public
information), whether such information is owned by the Insured or held by the Insured in any capacity (including concurrently with
another person); provided, however, this exclusion shall not apply to loss arising out of the use of such information to support
or facilitate the commission of an act otherwise covered by this Bond.

S. All costs, fees, and other expenses arising from a data security breach or incident, including,
but not limited to, forensic audit expenses, fines, penalties, expenses to comply with federal and state laws and expenses related
to notifying affected individuals.

T. Loss resulting from vandalism or malicious mischief.

U. Loss resulting from the theft, disappearance, or destruction of Cryptocurrency or from the change
in value of Cryptocurrency, unless such loss (1) is sustained by any investment company registered under the Investment Company
Act of 1940 that is named as an Insured and (2) is otherwise covered under Insuring Agreement A.

SECTION 3. ASSIGNMENT OF RIGHTS

Upon payment to the Insured hereunder
for any loss, the Underwriter shall be subrogated to the extent of such payment to all of the Insured’s rights and claims
in connection with such loss; provided, however, that the Underwriter shall not be subrogated to any such rights or claims one
named Insured under this Bond may have against another named Insured under this Bond. At the request of the Underwriter, the Insured
shall execute all assignments or other documents and take such action as the Underwriter may deem necessary or desirable to secure
and perfect such rights and claims, including the execution of documents necessary to enable the Underwriter to bring suit in
the name of the Insured.

Assignment of any rights or claims
under this Bond shall not bind the Underwriter without the Underwriter’s written consent.

SECTION 4. LOSSNOTICEPROOFLEGAL
PROCEEDINGS

This Bond is for the use and benefit
only of the Insured and the Underwriter shall not be liable hereunder to anyone other than the Insured. As soon as practicable
and not more than sixty (60) days after discovery of any loss covered hereunder, the Insured shall give the Underwriter written
notice thereof and, as soon as practicable and within one year after such discovery, shall also furnish to the Underwriter affirmative
proof of loss with full particulars. The Underwriter may extend the sixty-day notice period or the one-year proof of loss period
if the Insured requests an extension and shows good cause therefor.

The Insured shall provide the
Underwriter with such information, assistance, and cooperation as the Underwriter may reasonably request.

See also General Agreement C (Court
Costs and Attorneys’ Fees).

The Underwriter shall not be liable
hereunder for loss of Securities unless each of the Securities is identified in such proof of loss by a certificate or bond number
or by such identification means as the Underwriter may require. The Underwriter shall have a reasonable period after receipt of
a proper affirmative proof of loss within which to investigate the claim, but where the Property is Securities and the loss is
clear and undisputed, settlement shall be made within forty-eight (48) hours even if the loss involves Securities of which duplicates
may be obtained.

The Insured shall not bring legal
proceedings against the Underwriter to recover any loss hereunder prior to sixty (60) days after filing such proof of loss or subsequent
to twenty-four (24) months after the discovery of such loss or, in the case of a legal proceeding to recover hereunder on account
of any judgment against the Insured in or settlement of any suit mentioned in General Agreement C or to recover court costs or
attorneys’ fees paid in any such suit, twenty-four (24) months after the date of the final judgment in or settlement of such
suit. If any limitation in this Bond is prohibited by any applicable law, such limitation shall be deemed to be amended to be equal
to the minimum period of limitation permitted by such law.

Notice hereunder shall be given
to Manager, Professional Liability Claims, ICI Mutual Insurance Company, RRG, 1401 H St. NW, Washington, DC 20005.

SECTION
5. DISCOVERY

For all purposes under this Bond,
a loss is discovered, and discovery of a loss occurs, when the Insured

(1) becomes aware of facts, or

(2) receives notice of an actual or potential claim by a third party which alleges that the Insured
is liable under circumstances,

which would cause a reasonable
person to assume that a loss of a type covered by this Bond has been or is likely to be incurred, regardless of when the act or
acts causing or contributing to such loss occurred, even though the exact amount or details of the loss may not be known.

SECTION
6. VALUATION OF PROPERTY

For the purpose of determining
the amount of any loss hereunder, the value of any Property shall be the market value of such Property at the close of business
on the first business day before the discovery of such loss; išskyrus tai

(1) the value of any Property replaced by the Insured prior to the payment of a claim therefor shall
be the actual market value of such Property at the time of replacement, but not in excess of the market value of such Property
on the first business day before the discovery of the loss of such Property;

(2) the value of Securities which must be produced to exercise subscription, conversion, redemption
or deposit privileges shall be the market value of such privileges immediately preceding the expiration thereof if the loss of
such Securities is not discovered until after such expiration, but if there is no quoted or other ascertainable market price for
such Property or privileges referred to in clauses (1) and (2), their value shall be fixed by agreement between the parties or
by arbitration before an arbitrator or arbitrators acceptable to the parties; et

(3) the value of books of accounts or other records used by the Insured in the conduct of its business
shall be limited to the actual cost of blank books, blank pages or other materials if the books or records are reproduced plus
the cost of labor for the transcription or copying of data furnished by the Insured for reproduction.

SECTION
7. LOST SECURITIES

The maximum liability of the Underwriter
hereunder for lost Securities shall be the payment for, or replacement of, such Securities having an aggregate value not to exceed
the applicable Limit of Liability. If the Underwriter shall make payment to the Insured for any loss of Securities, the Insured
shall assign to the Underwriter all of the Insured’s right, title and interest in and to such Securities. In lieu of such
payment, the Underwriter may, at its option, replace such lost Securities, and in such case the Insured shall cooperate to effect
such replacement. To effect the replacement of lost Securities, the Underwriter may issue or arrange for the issuance of a lost
instrument bond. If the value of such Securities does not exceed the applicable Deductible Amount (at the time of the discovery
of the loss), the Insured will pay the usual premium charged for the lost instrument bond and will indemnify the issuer of such
bond against all loss and expense that it may sustain because of the issuance of such bond.

If the value of such Securities
exceeds the applicable Deductible Amount (at the time of discovery of the loss), the Insured will pay a proportion of the usual
premium charged for the lost instrument bond, equal to the percentage that the applicable Deductible Amount bears to the value
of such Securities upon discovery of the loss, and will indemnify the issuer of such bond against all loss and expense that is
not recovered from the Underwriter under the terms and conditions of this Bond, subject to the applicable Limit of Liability.

SECTION
8. SALVAGE

If any recovery is made, whether
by the Insured or the Underwriter, on account of any loss within the applicable Limit of Liability hereunder, the Underwriter
shall be entitled to the full amount of such recovery to reimburse the Underwriter for all amounts paid hereunder with respect
to such loss. If any recovery is made, whether by the Insured or the Underwriter, on account of any loss in excess of the applicable
Limit of Liability hereunder plus the Deductible Amount applicable to such loss from any source other than suretyship,
insurance, reinsurance, security or indemnity taken by or for the benefit of the Underwriter, the amount of such recovery, net
of the actual costs and expenses of recovery, shall

be applied to reimburse the Insured in full for the portion of such loss in
excess of such Limit of Liability, and the remainder, if any, shall be paid first to reimburse the Underwriter for all amounts
paid hereunder with respect to such loss and then to the Insured to the extent of the portion of such loss within the Deductible
Amount. The Insured shall execute all documents which the Underwriter deems necessary or desirable to secure to the Underwriter
the rights provided for herein.

SECTION 9. NON-REDUCTION AND NON-ACCUMULATION OF LIABILITY AND TOTAL LIABILITY

Prior to its termination, this
Bond shall continue in force up to the Limit of Liability for each Insuring Agreement for each Single Loss, notwithstanding any
previous loss (other than such Single Loss) for which the Underwriter may have paid or be liable to pay hereunder; PROVIDED, however,
that regardless of the number of years this Bond shall continue in force and the number of premiums which shall be payable or paid,
the liability of the Underwriter under this Bond with respect to any Single Loss shall be limited to the applicable Limit of Liability
irrespective of the total amount of such Single Loss and shall not be cumulative in amounts from year to year or from period to
period.

SECTION
10. MAXIMUM LIABILITY OF UNDERWRITER; OTHER BONDS OR POLICIES

The maximum liability of the Underwriter
for any Single Loss covered by any Insuring Agreement under this Bond shall be the Limit of Liability applicable to such Insuring
Agreement, subject to the applicable Deductible Amount and the other provisions of this Bond. Recovery for any Single Loss may
not be made under more than one Insuring Agreement. If any Single Loss covered under this Bond is recoverable or recovered in whole
or in part because of an unexpired discovery period under any other bonds or policies issued by the Underwriter to the Insured
or to any predecessor in interest of the Insured, the maximum liability of the Underwriter shall be the greater of either (1) the
applicable Limit of Liability under this Bond, or (2) the maximum liability of the Underwriter under such other bonds or policies.

SECTION 11. OTHER
INSURANCE

Notwithstanding anything to the
contrary herein, if any loss covered by this Bond shall also be covered by other insurance or suretyship for the benefit of the
Insured, the Underwriter shall be liable hereunder only for the portion of such loss in excess of the amount recoverable under
such other insurance or suretyship, but not exceeding the applicable Limit of Liability of this Bond.

SECTION
12. DEDUCTIBLE AMOUNT

The Underwriter shall not be liable
under any Insuring Agreement unless the amount of the loss covered thereunder, after deducting the net amount of all reimbursement
and/or recovery received by the Insured with respect to such loss (other than from any other bond, suretyship or insurance policy
or as an advance by the Underwriter hereunder) shall exceed the applicable Deductible Amount; in such case the Underwriter shall
be liable only for such excess, subject to the applicable Limit of Liability and the other terms of this Bond.

No Deductible Amount shall apply
to any loss covered under Insuring Agreement A sustained by any Investment Company named as an Insured.

SECTION
13. TERMINATION

The Underwriter may terminate
this Bond as to any Insured or all Insureds only by written notice to such Insured or Insureds and, if this Bond is terminated
as to any Investment Company, to each such Investment Company terminated thereby and to the Securities and Exchange Commission,
Washington, D.C., in all cases not less than sixty (60) days prior to the effective date of termination specified in such notice.

The Insured may terminate this
Bond only by written notice to the Underwriter not less than sixty (60) days prior to the effective date of the termination specified
in such notice. Notwithstanding the foregoing, when the Insured terminates this Bond as to any Investment Company, the effective
date of termination shall be not less than sixty (60) days from the date the Underwriter provides written notice of the termination
to each such Investment Company terminated thereby and to the Securities and Exchange Commission, Washington, D.C.

This Bond will terminate as to
any Insured that is a Non-Fund immediately and without notice upon (1) the takeover of such Insured’s business by any
State or Federal official or agency, or by any receiver or liquidator, or (2) the filing of a petition under any State or Federal
statute relative to bankruptcy or reorganization of the Insured, or assignment for the benefit of creditors of the Insured.

Premiums are earned until the
effective date of termination. The Underwriter shall refund the unearned premium computed at short rates in accordance with the
Underwriter’s standard short rate cancellation tables if this Bond is terminated by the Insured or pro rata if this Bond
is terminated by the Underwriter.

Upon the detection by any Insured
that an Employee has committed any Dishonest or Fraudulent Act(s), the Insured shall immediately remove such Employee from a position
that may enable such Employee to cause the Insured to suffer a loss by any subsequent Dishonest or Fraudulent Act(s). The Insured,
within two (2) business days of such detection, shall notify the Underwriter with full and complete particulars of the detected
Dishonest or Fraudulent Act(s).

For purposes of this section,
detection occurs when any partner, officer, or supervisory employee of any Insured, who is not in collusion with such Employee,
becomes aware that the Employee has committed any Dishonest or Fraudulent Act(s).

This Bond shall terminate as to
any Employee by written notice from the Underwriter to each Insured and, if such Employee is an Employee of an Insured Investment
Company, to the Securities and Exchange Commission, in all cases not less than sixty (60) days prior to the effective date of termination
specified in such notice.

SECTION
14. RIGHTS AFTER TERMINATION

At any time prior to the effective
date of termination of this Bond as to any Insured, such Insured may, by written notice to the Underwriter, elect to purchase the
right under this Bond to an additional period of twelve (12) months within which to discover loss sustained by such Insured prior
to the effective date of such termination and shall pay an additional premium therefor as the Underwriter may require.

Such additional discovery period
shall terminate immediately and without notice upon the takeover of such Insured’s business by any State or Federal official
or agency, or by any receiver or liquidator. Promptly after such termination the Underwriter shall refund to the Insured any unearned
premium.

The right to purchase such additional
discovery period may not be exercised by any State or Federal official or agency, or by any receiver or liquidator, acting or appointed
to take over the Insured’s business.

SECTION
15. CENTRAL HANDLING OF SECURITIES

The Underwriter shall not be liable
for loss in connection with the central handling of securities within the systems established and maintained by any Depository
(“Systems”), unless the amount of such loss exceeds the amount recoverable or recovered under any bond or policy or
participants’ fund insuring the Depository against such loss (the “Depository’s Recovery”); in such case
the Underwriter shall be liable hereunder only for the Insured’s share of such excess loss, subject to the applicable Limit
of Liability, the Deductible Amount and the other terms of this Bond.

For determining the Insured’s
share of such excess loss, (1) the Insured shall be deemed to have an interest in any certificate representing any security included
within the Systems equivalent to the interest the Insured then has in all certificates representing the same security included
within the Systems; (2) the Depository shall have reasonably and fairly apportioned the Depository’s Recovery among all those
having an interest as recorded by appropriate entries in the books and records of the Depository in Property involved in such loss,
so that each such interest shall share in the Depository’s Recovery in the ratio that the value of each such interest bears
to the total value of all such interests; and (3) the Insured’s share of such excess loss shall be the amount of the Insured’s
interest in such Property in excess of the amount(s) so apportioned to the Insured by the Depository.

This Bond does not afford coverage
in favor of any Depository or Exchange or any nominee in whose name is registered any security included within the Systems.

SECTION
16. ADDITIONAL COMPANIES INCLUDED AS INSURED

If more than one entity is named
as the Insured:

A. the total liability of the Underwriter hereunder for each Single Loss shall not exceed the Limit
of Liability which would be applicable if there were only one named Insured, regardless of the number of Insured entities which
sustain loss as a result of such Single Loss,

B. the Insured first named in Item 1 of the Declarations shall be deemed authorized to make, adjust,
and settle, and receive and enforce payment of, all claims hereunder as the agent of each other Insured for such purposes and for
the giving or receiving of any notice required or permitted to be given hereunder; provided, that the Underwriter shall promptly
furnish each named Insured Investment Company with (1) a copy of this Bond and any amendments thereto, (2) a copy of each formal
filing of a claim hereunder by any other Insured, and (3) notification of the terms of the settlement of each such claim prior
to the execution of such settlement,

C. the Underwriter shall not be responsible or have any liability for the proper application by the
Insured first named in Item 1 of the Declarations of any payment made hereunder to the first named Insured,

D. for the purposes of Sections 4 and 13, knowledge possessed or discovery made by any partner, officer
or supervisory Employee of any Insured shall constitute knowledge or discovery by every named Insured,

E. if the first named Insured ceases for any reason to be covered under this Bond, then the Insured
next named shall thereafter be considered as the first named Insured for the purposes of this Bond, and

F. each named Insured shall constitute “the Insured” for all purposes of this Bond.

SECTION
17. NOTICE AND CHANGE OF CONTROL

Within thirty (30) days after
learning that there has been a change in control of an Insured by transfer of its outstanding voting securities the Insured shall
give written notice to the Underwriter of:

A. the names of the transferors and transferees (or the names of the beneficial owners if the voting
securities are registered in another name), and

B. the total number of voting securities owned by the transferors and the transferees (or the beneficial
owners), both immediately before and after the transfer, and

C. the total number of outstanding voting securities.

As used in this Section, “control”
means the power to exercise a controlling influence over the management or policies of the Insured.

SECTION
18. CHANGE OR MODIFICATION

This Bond may only be modified
by written Rider forming a part hereof over the signature of the Underwriter’s authorized representative. Any Rider which
modifies the coverage provided by Insuring Agreement A, Fidelity, in a manner which adversely affects the rights of an Insured
Investment Company shall not become effective until at least sixty (60) days after the Underwriter has given written notice thereof
to the Securities and Exchange Commission, Washington, D.C., and to each Insured Investment Company affected thereby.

SECTION
19. COMPLIANCE WITH APPLICABLE TRADE AND ECONOMIC SANCTIONS

This Bond shall not be deemed
to provide any coverage, and the Underwriter shall not be required to pay any loss or provide any benefit hereunder, to the extent
that the provision of such coverage, payment of such loss or provision of such benefit would cause the Underwriter to be in violation
of any applicable trade or economic sanctions, laws or regulations, including, but not limited to, any sanctions, laws or regulations
administered and enforced by the U.S. Department of Treasury Office of Foreign Assets Control (OFAC).

SECTION
20. ANTI-BUNDLING

If any Insuring Agreement requires
that an enumerated type of document be Counterfeit, or contain a Forgery or Alteration, the Counterfeit, Forgery, or Alteration
must be on or of the enumerated document itself, not on or of some other document submitted with, accompanying or incorporated
by reference into the enumerated document.

IN WITNESS WHEREOF, the Underwriter has
caused this Bond to be executed on the Declarations Page.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 1

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration of the premium charged for
this Bond, it is hereby understood and agreed that Item 1 of the Declarations, Name of Insured, shall include the following:

Lord, Abbett & Co. LLC

Lord, Abbett & Co. LLC 401(k)
Retirement Plan

Lord, Abbett Asia LLC

Lord Abbett Affiliated Fund, Inc.

Lord Abbett Bond-Debenture Fund,
Inc.

Lord Abbett Credit Opportunities
Fund

Lord Abbett Developing Growth Fund,
Inc.

Lord Abbett Distributor LLC

Lord Abbett Equity Trust

Lord Abbett (Ireland) Limited

Lord Abbett Mid Cap Stock Fund, Inc.

Lord Abbett (UK) Ltd.

Lord Abbett (Uruguay) S.R.L.

Lord Abbett
U.S. Government and Government Sponsored Enterprises Money Market Fund, Inc.

Lord Abbett Global Fund, Inc., a
series fund consisting of:

o Lord Abbett Emerging Markets Corporate Debt Fund
o Lord Abbett Emerging Markets Bond Fund
o Lord Abbett Global Bond Fund

Lord Abbett Investment Trust, a series
fund consisting of:

o Lord Abbett Convertible Fund
o Lord Abbett Core Fixed Income Fund
o Lord Abbett Core Plus Bond Fund
o Lord Abbett Corporate Bond Fund
o Lord Abbett Floating Rate Fund
o Lord Abbett High Yield Fund
o Lord Abbett Inflation Focused Fund
o Lord Abbett Multi-Asset Balanced Opportunity Fund
o Lord Abbett Multi-Asset Income Fund
o Lord Abbett Short Duration Core Bond Fund

o Lord Abbett Short Duration Income Fund
o Lord Abbett Total Return Fund
o Lord Abbett Ultra Short Bond Fund

Lord Abbett Research Fund,
Inc., a series fund consisting of:

o Lord Abbett Calibrated Dividend Growth Fund
o Lord Abbett Growth Opportunities Fund

Lord Abbett Securities Trust, a series
fund consisting of:

o Lord Abbett Alpha Strategy Fund
o Lord Abbett Focused Growth Fund
o Lord Abbett Focused Large Cap Value Fund
o Lord Abbett Focused Small Cap Value Fund
o Lord Abbett Fundamental Equity Fund
o Lord Abbett Global Equity Research Fund
o Lord Abbett Global Select Equity Fund
o Lord Abbett Growth Leaders Fund
o Lord Abbett Health Care Fund
o Lord Abbett International Equity Fund
o Lord Abbett International Opportunities Fund
o Lord Abbett International Value Fund
o Lord Abbett Micro-Cap Growth Fund
o Lord Abbett Value Opportunities Fund

Lord Abbett Series Fund, Inc., a
series fund consisting of:

o Bond-Debenture Portfolio
o Calibrated Dividend Growth Portfolio
o Developing Growth Portfolio
o Fundamental Equity Portfolio
o Growth and Income Portfolio
o Growth Opportunities Portfolio
o International Opportunities Portfolio
o Short Duration Income Portfolio

Lord Abbett Municipal Income Fund,
Inc., a series fund consisting of:

o Lord Abbett California Tax-Free Income Fund
o Lord Abbett High Yield Municipal Bond Fund
o Lord Abbett Intermediate Tax Free Fund
o Lord Abbett National Tax-Free Income Fund
o Lord Abbett New Jersey Tax-Free Income Fund
o Lord Abbett New York Tax-Free Income Fund
o Lord Abbett Short Duration Tax Free Fund
o Lord Abbett Short Duration High Yield Municipal Bond Fund

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 2

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration of the premium charged
for this Bond, it is hereby understood and agreed that this Bond (other than Insuring Agreements C and D) does not cover loss resulting
from or in connection with any business, activities, acts or omissions of (including services rendered by) any Insured which is
non an Insured Fund (“Non-Fund”) or any Employee of a Non-Fund, išskyrus loss, otherwise covered by the
terms of this Bond, resulting from or in connection with

(1) services rendered by a Non-Fund to an Insured Fund, or to shareholders of such Fund in connection
with the issuance, transfer, or redemption of their Fund shares; ou

(2) Investment Advisory Services rendered by Lord, Abbett & Co. LLC (“Entity”) to any
investment advisory client of the Entity; ou

(3) in the case of a Non-Fund substantially all of whose business is rendering the services described
in (1) or (2) above, the general business, activities or operations of such Non-Fund, išskyrus (a) the rendering of services
(other than those described in (1) or (2) above) to any person, or (b) the sale of goods or property of any kind.

It is further understood and agreed that
with respect to any Non-Fund, Insuring Agreements C and D only cover loss of Property which a Non-Fund uses or holds, or in which
a Non-Fund has an interest, in each case wholly or partially in connection with the rendering of services described in (1) or (2)
above.

As used herein, “Investment Advisory
Services” means (a) advice with respect to the desirability of investing in, purchasing or selling securities or other property,
including the power to determine what securities or other property shall be purchased or sold, but non including furnishing
tik statistical and other factual information (such as economic factors and trends); and (b) the provision of financial,
economic or investment management services, but only if ancillary and related to the advice referred to in clause (a) above.

For purposes of this Rider, Investment
Advisory Services shall not include Personal Financial Planning Services.

It is further understood and agreed that
as used herein, “Personal Financial Planning Services” means the provision of financial plans to individuals for compensation
and the provision of

services related thereto, and may include
specific recommendations for the implementation of such plans and advice with respect to tax planning, retirement planning, estate
planning, insurance planning, budgeting and cash management, or similar types of financial advice, but not including solely Investment
Advisory Services.

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 3

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration of the premium charged
for this Bond, it is hereby understood and agreed that this Bond (other than Insuring Agreements C and D) does not cover loss resulting
from or in connection with any business, activities, acts or omissions of any Insured or any Employee of any Insured where such
loss is based upon, arises out of or in any way involves the provision of services to any Plan, EXCEPT loss, otherwise covered
by the terms of this Bond, resulting from, or in connection with the business of:

a) the provision of Investment Advisory Services by Lord, Abbett & Co. LLC
to any In-House Plan; ou

(b) the provision of Administrative Services by Lord, Abbett & Co. LLC to
any In-House Plan; ou

(c) the provision of Investment Advisory Services by Lord, Abbett & Co. LLC
(“Adviser”) to any Third Party Plan that is a client of the Adviser.

It is further understood and agreed that
Insuring Agreements C and D only cover loss of Property which an Insured uses or holds, or in which the Insured has an interest,
in each case in connection with (a), (b), or (c) above.

It is further understood and agreed that
notwithstanding the foregoing, this Bond (other than Insuring Agreements C and D) does not cover loss resulting from or in connection
with, and Insuring Agreements C and D do not cover loss of Property which an Insured uses or holds, or in which it has an interest,
in each case in connection with:

(1) the discretionary voting by or on behalf of any Plan of Designated Securities owned or held by
such Plan, nebent, in the case of a vote by or on behalf of the Plan, such vote was pursuant to the direction of a majority
of trustees of such Plan who were not then Interested Trustees;

(2) custodial services for the safekeeping and custody of securities or other property;

(3) liability of an Insured arising from its status as the employer of employees covered by a Plan
(including liability arising from the Insured’s failure to collect contributions or to pay benefits); ou

(4) in the case of an Insured acting or purporting to act as a trustee or “directed trustee”
for any Third Party Plan, any liability of the Insured arising from its actual or alleged status as a fiduciary (within the meaning
of the Employee Retirement Security Act of 1974, as amended (“ERISA”)) to any such Third Party Plan or its actual or
alleged violation of Section 502(a)(3) of ERISA, except that this subpart (4) shall not preclude indemnification for associated
court costs and attorneys’ fees for which coverage is otherwise available under General Agreement C of this Bond.

It is further understood and agreed that
for purposes of this rider:

(1) “Administrative Services” shall mean administrative services, including, without limitation,
voting securities which are Plan assets, causing Plan assets to be invested as directed in accordance with the Plan, and maintaining
records and preparing reports with respect to Plan contributions, participant accounts and investments.

(2) “Affiliated Entity” means any entity controlling, controlled by, or under common control
with an Insured.

(3) “Designated Securities” means securities issued by an Insured, or by any Affiliated
Entity, or by any Fund to which such Insured or any Affiliated Entity provides any services.

(4) “Interested Trustee” means any trustee of a Plan who is also (a) an officer, director,
trustee, partner or employee of, or who owns, controls, or holds power to vote 5% or more of the outstanding voting securities
of, (i) any Insured (other than such Plan), or (ii) any Affiliated Entity, or (iii) any Fund to which such Insured or any Affiliated
Entity provides any services, or (b) an Insured or an Affiliated Entity.

(5) “Investment Advisory Services” means (a) advice with respect to the desirability of
investing in, purchasing or selling securities or other property, including the power to determine what securities or other property
shall be purchased or sold, but non including furnishing tik statistical and other factual information (such as
economic factors and trends); and (b) the provision of financial, economic or investment management services, but only if ancillary
and related to the advice referred to in clause (a) above.

(6) “Plan” means any retirement or other employee benefit plan, including any trust relating
thereto.

(7) “In-House Plan” means any Plan for employees of an Insured, or for any Affiliated Entity,
but always excluding employee stock ownership plans, stock bonus plans, and any trusts relating thereto.

(8) “Third Party Plan” means any Plan for employees of an entity that is neither an Insured
nor an Affiliated Entity.

It is further understood and agreed that
with respect to In-House Plans, for purposes of Rider No. 2 of this Bond only, an In-House Plan named as an Insured under this
bond shall not be deemed to be a Non-Fund.

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 4

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration of the premium charged
for this Bond, it is hereby understood and agreed that notwithstanding anything to the contrary in this Bond, this Bond shall not
cover loss resulting from or in connection with the discretionary voting by any Insured of securities owned or held by any client
of such Insured, where such securities are issued by (1) such Insured, or (2) any entity controlling, controlled by, or under common
control with such Insured, (“Affiliated Entity”), or (3) any Fund to which such Insured or any Affiliated Entity provides
any services.

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 5

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration of the premium charged
for this Bond, it is hereby understood and agreed that notwithstanding Section 2.Q of this Bond, this Bond is amended by adding
an additional Insuring Agreement J as follows:

J.   COMPUTER SECURITY

Loss (including loss of Property) resulting
directly from Computer Fraud; jeigu, that the Insured has adopted in writing and generally maintains and follows during
the Bond Period all Computer Security Procedures. The isolated failure of the Insured to maintain and follow a particular Computer
Security Procedure in a particular instance will not preclude coverage under this Insuring Agreement, subject to the specific exclusions
herein and in the Bond.

1 Definitions. The following terms used in this Insuring Agreement shall have the following
meanings:

a. “Authorized User” means any person or entity designated by the Insured (through contract,
assignment of User Identification, or otherwise) as authorized to use a Covered Computer System, or any part thereof. An individual
who invests in an Insured Fund shall not be considered to be an Authorized User solely by virtue of being an investor.

b. “Computer Fraud” means the unauthorized entry of data into, or the deletion or destruction
of data in, or change of data elements or programs within, a Covered Computer System which:

(1) is committed by any Unauthorized Third Party anywhere, alone or in collusion with other Unauthorized
Third Parties; et

(2) is committed with the conscious manifest intent (a) to cause the Insured to sustain a loss, et
(b) to obtain financial benefit for the perpetrator or any other person; et

(3) causes (x) Property to be transferred, paid or delivered; ou (y) an account of the Insured,
or of its customer, to be added, deleted, debited or credited; ou (z) an unauthorized or fictitious account to be debited
or credited.

c. “Computer Security Procedures” means procedures for prevention of unauthorized computer
access and use and administration of computer access and use as provided in writing to the Underwriter.

d. “Covered Computer System” means any Computer System as to which the Insured has possession,
custody and control.

e. “Unauthorized Third Party” means any person or entity that, at the time of the Computer
Fraud, is not an Authorized User.

f. “User Identification” means any unique user name (t.y., a series of characters)
that is assigned to a person or entity by the Insured.

2 Exclusions. It is further understood and agreed that this Insuring Agreement J shall not
cover:

a. Any loss covered under Insuring Agreement A, “Fidelity,” of this Bond; et

b. Any loss resulting from the intentional failure to adhere to one or more Computer Security Procedures;
et

c. Any loss resulting from a Computer Fraud committed by or in collusion with:

(1) any Authorized User (whether a natural person or an entity); ou

(2) in the case of any Authorized User which is an entity, (a) any director, officer,
partner, employee or agent of such Authorized User, or (b) any entity which controls, is controlled by, or is under common control
with such Authorized User (“Related Entity”), or (c) any director, officer, partner, employee or agent of such Related
Entity; ou

(3) in the case of any Authorized User who is a natural person, (a) any entity
for which such Authorized User is a director, officer, partner, employee or agent (“Employer Entity”), or (b) any director,
officer, partner, employee or agent of such Employer Entity, or (c) any entity which controls, is controlled by, or is under common
control with such Employer Entity (“Employer-Related Entity”), or (d) any director, officer, partner, employee or agent
of such Employer-Related Entity;

et

d. Any loss resulting from physical damage to or destruction of any Covered Computer System, or any
part thereof, or any data, data elements or media associated therewith; et

e. Any loss not directly and proximately caused by Computer Fraud (including, without limitation,
disruption of business and extra expense); et

f. Payments made to any person(s) who has threatened to deny or has denied authorized access to a
Covered Computer System or otherwise has threatened to disrupt the business of the Insured.

For purposes of this Insuring Agreement,
“Single Loss,” as defined in Section 1.EE of this Bond, shall also include all loss caused by Computer Fraud(s) committed
by one person, or in which one person is implicated, whether or not that person is specifically identified. A series of losses
involving unidentified individuals, but arising from the same method of operation, may be deemed by the Underwriter to involve
the same individual and in that event shall be treated as a Single Loss.

It is further understood and agreed that
nothing in this Rider shall affect the exclusion set forth in Section 2.O of this Bond.

Coverage under this Insuring Agreement
shall terminate upon termination of this Bond. Coverage under this Insuring Agreement may also be terminated without terminating
this Bond as an entirety:

a) by written notice from the Underwriter not less than sixty (60) days prior to the effective date
of termination specified in such notice; ou

(b) immediately by written notice from the Insured to the Underwriter.

Except as above stated, nothing herein shall
be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 6ème

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

FINRA BOND RIDER

In consideration of the premium charged
for this Bond, it is hereby understood and agreed that with respect to Lord Abbett Distributor tik, this Bond is
amended as follows:

1 For purposes of Insuring Agreement C (“On Premises”), Section 2 (“Exclusions”),
and Section 6 (“Valuation of Property”), “Property” shall be deemed to include furnishings, fixtures, supplies,
and equipment located within the office of and owned by the Insured; et

2 For purposes of Insuring Agreement C (“On Premises”), “Mysterious Disappearances”
shall be deemed to include “misplacement”; et

3 The last sentence of Section 1.N (Definitions – “Employee”) and Section 2.M are deleted;
et

4 The following statement is added to the Bond: “The Underwriter will use its best efforts
to promptly notify the Financial Industry Regulatory Authority, Inc. in the event the Bond is cancelled, terminated or substantially
modified. Failure to make such notification shall not impair or delay the effectiveness of any such cancellation, termination or
substantial modification.”; et

5 The first sentence of the second paragraph of Section 13 (“Termination”) is amended
to read as follows: “The Insured may terminate this Bond only by written notice to the Underwriter prior to the effective
date of the termination, with such effective date specified in the notice”

It is further understood and agreed, the
Underwriter will use its best efforts to notify the Financial Industry Regulatory Authority, Inc. within 30 days in the event the
Bond is substantially modified, terminated or canceled.

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 7ème

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration of the premium charged
for this Bond, it is hereby understood and agreed that the Deductible Amount for Insuring Agreement E, Forgery or Alteration, and
Insuring Agreement F, Securities, shall not apply with respect to loss through Forgery of a signature on the following documents:

(1) letter requesting redemption $100,000 or less payable by
check to the Shareholder of Record and sent to an Authorized Address; ou

(2) letter requesting redemption of $100,000 or less by wire
transfer to the Shareholder of Record of an Authorized Bank Account; ou

(3) written request to a trustee or custodian for a Designated
Retirement Account (“DRA”) which holds shares of an Insured Fund, where such request (a) purports to be from or at
the instruction of the Owner of such DRA, and (b) directs such trustee or custodian to transfer $100,000 or less from such DRA
to a trustee or custodian for another DRA established for the benefit of such Owner;

jeigu, that the Limit of Liability
for a Single Loss as described above shall be $100,000 and that the Insured shall bear 20% of each such loss. This Rider shall
not apply in the case of any such Single Loss which exceeds $100,000; in such case the Deductible Amounts and Limits of Liability
set forth in Item 3 of the Declarations shall control.

For purposes of this Rider:

(A) “Designated Retirement Account” means any retirement
plan or account described or qualified under the Internal Revenue Code of 1986, as amended, or a subaccount thereof.

(B) “Owner” means the individual for whose benefit
the DRA, or a subaccount thereof, is established.

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 8ème

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration of the premium charged
for this Bond, it is hereby understood and agreed that this Bond does not cover any loss resulting from or in connection with the
acceptance of any Third Party Check, unless

(1) such Third Party Check is used to open or increase an account which is registered
in the name of one or more of the payees on such Third Party Check, and

(2) reasonable efforts are made by the Insured, or by the entity receiving Third
Party Checks on behalf of the Insured, to verify all endorsements on all Third Party Checks made payable in amounts greater than
$100,000 (provided, however, that the isolated failure to make such efforts in a particular instance will not preclude coverage,
subject to the exclusions herein and in the Bond),

and then only
to the extent such loss is otherwise covered under this Bond.

For purposes of this Rider, “Third
Party Check” means a check made payable to one or more parties and offered as payment to one or more other parties.

It is further understood and agreed that
notwithstanding anything to the contrary above or elsewhere in the Bond, this Bond does not cover any loss resulting from or in
connection with the acceptance of a Third Party Check where:

(1) any payee on such Third Party Check reasonably appears to be a corporation
or other entity; ou

(2) such Third Party Check is made payable in an amount greater than $100,000
and does not include the purported endorsements of all payees on such Third Party Check.

It is further understood and agreed that
this Rider shall not apply with respect to any coverage that may be available under Insuring Agreement A, “Fidelity.”

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 9ème

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration of the premium charged
for this Bond, it is hereby understood and agreed that, notwithstanding anything to the contrary in General Agreement A of this
Bond, Item 1 of the Declarations shall include any Newly Created Investment Company or portfolio provided that the Insured shall
submit to the Underwriter annually, a list of all Newly Created Investment Companies or portfolios, the estimated annual assets
of each Newly Created Investment Company or portfolio.

For purposes of this Rider, “Newly
Created Investment Company or portfolio” shall mean any Investment Company or portfolio for which registration with the U.S.
Securities and Exchange Commission has been declared effective for a time period of less than one year and for which Lord, Abbett & Co. LLC has the responsibility of placing fidelity bond coverage.

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 10ème

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration for the premium charged
for this Bond, it is hereby understood and agreed that notwithstanding anything to the contrary in this Bond (including Insuring
Agreement I), this Bond does not cover any loss resulting from any Online Redemption(s) or Online Purchase(s) involving an aggregate
amount in excess of Five Hundred Thousand Dollars ($500,000) per shareholder account per day, unless before such redemption(s)
or purchase(s), in a procedure initiated by the Insured or by the entity receiving the request for such Online Redemption(s) or
Online Purchase(s):

a) the Shareholder of Record verifies, by some method other than an Electronic Transmission effected
over the Internet, that each such redemption or purchase has been authorized, and

(b) if such redemption or purchase is to be effected by wire to or from a particular bank account,
a duly authorized employee of the bank verifies the account number to or from which funds are being transferred, and that the name
on the account is the same as the name of the intended recipient of the proceeds.

It is further understood and agreed that,
notwithstanding the Limit of Liability set forth herein or any other provision of this Bond, the Limit of Liability with respect
to any Single Loss caused by an Online Transaction shall be Twenty-Five Million Dollars ($25,000,000) and the Deductible Amount
applicable to any such Single Loss is One Hundred Thousand Dollars ($100,000).

It is further understood and agreed that,
notwithstanding Section 9, Non-Reduction and Non-Accumulation of Liability and Total Liability, or any other provision of this
Bond, the Aggregate Limit of Liability of the Underwriter under this Bond with respect to any and all loss or losses caused by
Online Transactions shall be an aggregate of Twenty-Five Million Dollars ($25,000,000) for the Bond Period, irrespective of the
total amount of such loss or losses.

For purposes of this Rider, the following
terms shall have the following meanings:

“Online Purchase” means any
purchase of shares issued by an Investment Company, which purchase is requested through an Electronic Transmission over the Internet.

“Online Redemption” means any
redemption of shares issued by an Investment Company, which redemption is requested through an Electronic Transmission over the
Internet.

“Online Transaction” means
any Phone/Electronic Transaction requested through an Electronic Transmission over the Internet.

Except as above stated, nothing herein
shall be held to alter, waive, or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 11ème

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

In consideration for the premium charged
for this Bond, it is hereby understood and agreed that, with respect to Insuring Agreement I only, the Deductible Amount set forth
in Item 3 of the Declarations (“Phone/Electronic Deductible”) shall not apply with respect to a Single Loss, otherwise
covered by Insuring Agreement I, caused by:

a) a Phone/Electronic Redemption requested to be paid or made payable by check to
the Shareholder of Record and sent to an Authorized Address; ou

(b) a Phone/Electronic Redemption requested to be paid or made payable by wire transfer
to the Shareholder of Record at an Authorized Bank Account,

jeigu, that the Limit of Liability
for a Single Loss as described in (a) or (b) above shall be the lesser of 80% of such loss or $80,000 and that the Insured shall
bear the remainder of each such Loss. This Rider shall not apply if the application of the Phone/Electronic Deductible to the Single
Loss would result in coverage of greater than $80,000; in such case the Phone/Electronic Deductible and Limit of Liability set
forth in Item 3 of the Declarations shall control.

For purposes of this Rider, “Phone/Electronic
Redemption” means any redemption of shares issued by an Investment Company, which redemption is requested (a) by voice over
the telephone, (b) through an automated telephone tone or voice response system, (c) by Telefacsimile, or (d) by transmission over
the Internet.

Except as above stated, nothing herein
shall be held to alter, waive or extend any of the terms of this Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 12ème

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

Most property and casualty insurers, including
ICI Mutual Insurance Company, a Risk Retention Group (“ICI Mutual”), are subject to the requirements of the Terrorism
Risk Insurance Act of 2002, as amended (the “Act”). The Act establishes a federal insurance backstop under which ICI
Mutual and these other insurers may be partially reimbursed by the United States Government for future “insured losses”
resulting from certified “acts of terrorism.” (Each of these bolded terms is defined by the Act.) The
Act also places certain disclosure and other obligations on ICI Mutual and these other insurers.

Pursuant to the Act, any future losses
to ICI Mutual caused by certified “acts of terrorism” may be partially reimbursed by the United Sates government
under a formula established by the Act. Under this formula, the United States government would generally reimburse ICI Mutual for
the Federal Share of Compensation of ICI Mutual’s “insured losses” in excess of ICI Mutual’s “insurer
deductible”
until total “insured losses” of all participating insurers reach $100 billion (the “Cap
on Annual Liability”). If total “insured losses” of all property and casualty insurers reach the Cap on
Annual Liability in any one calendar year, the Act limits U.S. Government reimbursement and provides that the insurers will not
be liable under their policies for their portions of such losses that exceed such amount. Amounts otherwise payable under this
Bond may be reduced as a result.

This Bond has no express exclusion for
“acts of terrorism.” However, coverage under this Bond remains subject to all applicable terms, conditions,
and limitations of the Bond (including exclusions) that are permissible under the Act.

portion of the premium that is attributable to any coverage potentially available under the Bond for “acts of terrorism”
is one percent (1%)
and does not include any charges for the portion
of loss that may be covered by the U.S. Government under the Act

As used herein, “Federal Share of
Compensation” shall mean 85% in calendar year 2015 and shall be reduced by 1% per calendar year until equal to 80%.

Except as above stated, nothing herein shall be held to alter, waive or extend any of the terms of this
Bond.

ICI MUTUAL INSURANCE COMPANY,

a Risk Retention Group

INVESTMENT COMPANY BLANKET BOND

RIDER NO. 13ème

INSURED BOND NUMBER
Lord, Abbett & Co. LLC 87023119B
EFFECTIVE DATE BOND PERIOD AUTHORIZED REPRESENTATIVE
2019 30 juin June 30, 2019 to June 30, 2020 /S/ John T. Mulligan

SOCIAL ENGINEERING FRAUD

In consideration of the premium charged
for this Bond, it is hereby understood and agreed that this Bond is amended by adding an additional Insuring Agreement M, as follows:

M. Social Engineering Fraud

Loss resulting directly from the Insured,
in good faith, transferring, paying, or delivering money from its own account as a direct result of a Social Engineering Fraud;

PROVIDED, that the entity receiving such
request generally maintains and follows during the Bond Period all Social Engineering Security Procedures.

The Limit of Liability for a Single Loss
under this Insuring Agreement M shall be the lesser of (a) 50% of the amount by which such Single Loss exceeds the Deductible Amount
or (b) $1,000,000 (One Million Dollars), and the Insured shall bear the remainder of any such Single Loss. The Deductible Amount
for this Insuring Agreement M is One Hundred Thousand Dollars ($100,000).

Notwithstanding any other provision of
this Bond, the aggregate Limit of Liability under this Bond with respect to any and all loss or losses under this Insuring Agreement
M shall be $1,000,000 (One Million Dollars) for the Bond Period, irrespective of the total amount of such loss or losses.

This Insuring Agreement M does not cover
loss covered under any other Insuring Agreement of this Bond.

It is further understood and agreed that
for purposes of this rider:

1 “Communication” means an instruction that (a) directs an Employee to transfer, pay,
or deliver money from the Insured’s own account, (b) contains a material misrepresentation of fact, and (c) is relied upon
by the Employee, believing it to be true.

2 “Social Engineering Fraud” means the intentional misleading of an Employee through
the use of a Communication, where such Communication:

a) is transmitted to the Employee in writing, by voice over the telephone, or by Electronic Transmission;

(b) is made by an individual who purports to be (i) an Employee who is duly authorized by the Insured
to instruct another Employee to transfer, pay, or deliver money, or (ii) an officer or employee of a Vendor who is duly authorized
by the Insured to instruct an Employee to transfer, pay, or deliver money; et

(c) is unauthorized, dishonest or fraudulent and is made with the manifest intent to deceive.

3 “Social Engineering Security Procedures” means security procedures intended to prevent
Social Engineering Fraud as set forth in the Application and/or as otherwise provided in writing to the Underwriter.

4 “Vendor” means any entity or individual that provides goods or services to the Insured
under a pre-existing, written agreement.

Except as above stated, nothing herein shall
be held to alter, waive, or extend any of the terms of this Bond.

EXHIBIT B

CERTIFIED RESOLUTIONS

The undersigned, John
T. Fitzgerald, Vice President and Assistant Secretary of Lord Abbett Affiliated Fund, Inc.; Lord Abbett Bond-Debenture Fund, Inc.;
Lord Abbett Credit Opportunities Fund, Lord Abbett Developing Growth Fund, Inc.; Lord Abbett Global Fund, Inc.; Lord Abbett Investment
Trust; Lord Abbett Mid Cap Stock Fund, Inc.; Lord Abbett Municipal Income Fund, Inc.; Lord Abbett Research Fund, Inc.; Lord Abbett
Securities Trust; Lord Abbett Series Fund, Inc.; and Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market
Fund, Inc. (collectively the “Funds”), hereby certifies that the following are true and correct resolutions of each
Board of Directors (Trustees) of each above-named Corporation (Trust) duly adopted on May 22-23, 2019:

RESOLVED, that
coverage under the Bond issued by ICIM to each of the Funds, Lord Abbett, Lord Abbett Distributor LLC, Lord Abbett Asia LLC, Lord
Abbett (UK) Ltd., Lord Abbett (Ireland) Ltd., Lord Abbett (Uruguay) S.R.L., and Lord Abbett 401(k) Retirement Plan, in the amount
of $30 million, and with a deductible amount of $100,000, be, and it hereby is, approved as to amount, type, form, and coverage,
taking all relevant factors into consideration including, but not limited to, the value of the aggregate assets of each Fund to
which persons covered by the Bond may have access, the type and terms of the arrangements made for the custody and safekeeping
of such assets, and the nature of the securities in the Funds’ portfolios; ir toliau

RESOLVED, that
the portion of the premium to be paid by each Fund for such Bond be, and it hereby is, approved taking all relevant factors into
consideration including, but not limited to, the number of the other parties named as insureds, the nature of the business activities
of the other parties, the amount of the Bond and the amount of the premium for such Bond, the ratable allocation of the premium
among all parties named as insureds, and the extent to which the share of the premium allocated to each Fund is less than the premium
each Fund would pay if it were to provide and maintain a fidelity bond that covers only that Fund as the insured; ir toliau

RESOLVED, that
the appropriate officers of the each Fund be, and each of them hereby is, authorized and directed to take any such actions as he
or she may deem necessary or appropriate to implement the actions authorized by the foregoing resolutions.

/s/ John T. Fitzgerald
John T. Fitzgerald
Vice President and Assistant Secretary
of the Lord Abbett Funds
2019 10 septembre

EXHIBIT C

Each of the Lord Abbett registered
investment companies, had they not been jointly insured under this Blanket Fidelity Bond, would have had to provide and maintain
single insured bonds based on their respective assets as of as June 30, 2019 in the following amounts:

Lord Unbbett
Funds
Portfolio Assets
as of 6/30/19
Total Registered
La gouvernance
Investment
Company Assets
as of 6/30/19
Amount of
Single Insured
Bond
Lord Abbett Affiliated Fund, Inc. Dollars 6,251,926,094 Dollars 6,251,926,094 Dollars 2,500,000
Lord Abbett Bond-Debenture Fund, Inc. Dollars 14,125,411,790 Dollars 14,125,411,790 Dollars 2,500,000
Lord Abbett Developing Growth Fund, Inc. Dollars 2,064,530,435 Dollars 2,064,530,435 Dollars 1,500,000
Lord Abbett Equity Trust1 Non applicable Non applicable Non applicable
Lord Abbett Global Fund, Inc. Dollars 238,038,411 Dollars 600,000
Lord Abbett Emerging Markets Bond Fund2 Dollars 183,905,995
Lord Abbett Emerging Markets Corporate Debt Fund Dollars 43,477,270
Lord Abbett Global Bond Fund3 Dollars 10,655,146
Lord Abbett Investment Trust Dollars 98,620,714,340 Dollars 2,500,000
Lord Abbett Convertible Fund Dollars 739,633,934
Lord Abbett Core Fixed Income Fund Dollars 1,351,313,309
Lord Abbett Core Plus Bond Fund Dollars 65,012,452
Lord Abbett Corporate Bond Fund Dollars 6,851,922
Lord Abbett Floating Rate Fund Dollars 11,276,012,008
Lord Abbett High Yield Fund Dollars 6,855,754,328
Lord Abbett Income Fund Dollars 2,408,386,949
Lord Abbett Inflation Focused Fund Dollars 1,224,868,061
Lord Abbett Multi-Asset Balanced Opportunity Fund Dollars 2,636,946,352
Lord Abbett Multi-Asset Income Fund Dollars 1,347,794,202
Lord Abbett Short Duration Core Bond Fund Dollars 19,971,083
Lord Abbett Short Duration Income Fund Dollars 49,594,761,389
Lord Abbett Total Return Fund Dollars 3,947,867,425
Lord Abbett Ultra Short Bond Fund Dollars 17,145,540,925
Lord Abbett Mid Cap Stock Fund, Inc. Dollars 1,812,361,338 Dollars 1,812,361,338 Dollars 1,500,000
Lord Abbett Municipal Income Fund, Inc. Dollars 12,470,120,116 Dollars 2,500,000
Lord Abbett California Tax-Free Income Fund Dollars 370,093,726
Lord Abbett High Yield Municipal Bond Fund Dollars 2,839,231,066
Lord Abbett Intermediate Tax Free Fund Dollars 4,391,523,230
Lord Abbett National Tax-Free Income Fund Dollars 2,617,190,811
Lord Abbett New Jersey Tax-Free Income Fund Dollars 114,165,528
Lord Abbett New York Tax-Free Income Fund Dollars 397,273,217
Lord Abbett Short Duration High Yield Municipal Bond Fund Dollars 367,178,796
Lord Abbett Short Duration Tax Free Fund Dollars 1,373,463,742

1 Effective February 22, 2019, Lord Abbett Calibrated
Large Cap Value Fund and Lord Abbett Calibrated Mid Cap Value Fund, each a series of Lord Abbett Equity Trust merged into Lord
Abbett Fundamental Equity Fund and Lord Abbett Mid Cap Stock Fund, respectively.

2 Effective August 1, 2018, Lord Abbett Emerging
Markets Currency Fund, a series of Lord Abbett Global Fund, Inc., changed its name to Lord Abbett Emerging Markets Bond Fund.

3 Effective August 1, 2018, Lord Abbett Global
Bond Fund, a series of Lord Abbett Global Fund, Inc., was added.

Lord Unbbett
Funds
Portfolio Assets
as of 6/30/19
Total Registered
La gouvernance
Investment
Company Assets
as of 6/30/19
Amount of
Single Insured
Bond
Lord Abbett Research Fund, Inc. Dollars 4,089,862,301 Dollars 2,300,000
Lord Abbett Calibrated Dividend Growth Fund Dollars 2,400,468,126
Lord Abbett Growth Opportunities Fund Dollars 879,516,153
Small-Cap Value Series Dollars 809,878,022
Lord Abbett Securities Trust Dollars 11,492,608,915 Dollars 2,500,000
Lord Abbett Alpha Strategy Fund Dollars 973,710,888
Lord Abbett Focused Growth Fund4 Dollars 7,491,039
Lord Abbett Fundamental Equity Fund Dollars 2,533,314,757
Lord Abbett Global Equity Research Fund Dollars 7,499,898
Lord Abbett Global Select Equity Fund5 Dollars 2,565,526
Lord Abbett Growth Leaders Fund Dollars 3,922,083,853
Lord Abbett International Equity Fund Dollars 478,067,139
Lord Abbett International Opportunities Fund Dollars 613,895,967
Lord Abbett International Value Fund6ème Dollars 605,280,578
Lord Abbett Micro-Cap Growth Fund Dollars 152,301,098
Lord Abbett Micro-Cap Value Fund7ème Dollars 124,678,649
Lord Abbett Value Opportunities Fund Dollars 2,071,719,523
Lord Abbett Series Fund, Inc. Dollars 3,442,811,283 Dollars 1,900,000
Bond-Debenture Portfolio Dollars 1,168,756,002
Calibrated Dividend Growth Portfolio Dollars 176,219,673
Classic Stock Portfolio8ème Dollars 30,463,286
Developing Growth Portfolio Dollars 77,535,139
Fundamental Equity Portfolio Dollars 294,717,966
Growth and Income Portfolio Dollars 578,956,474
Growth Opportunities Portfolio Dollars 126,662,431
International Opportunities Portfolio9ème Dollars 36,791,253
Mid Cap Stock Portfolio Dollars 263,776,251
Short Duration Income Portfolio Dollars 90,233,692
Total Return Portfolio Dollars 598,699,117
Lord Abbett U.S. Government & Government Sponsored Enterprises Money Market Fund, Inc. Dollars 361,541,903 Dollars 361,541,903 Dollars 750,000
Interval Fund
Lord Abbett Credit Opportunities Fund10ème Dollars 43,544,737 Dollars 43,544,737 Dollars 350,000

4 Effective January 31, 2019, Lord Abbett Focused
Growth Fund, a series of Lord Abbett Securities Trust, was added.

5 Effective August 1, 2018, Lord Abbett Global
Select Equity Fund, a series of Lord Abbett Securities Trust, was added.

6ème Effective September 30, 2018, Lord Abbett International
Dividend Income Fund, a series of Lord Abbett Securities Trust, changed its name to Lord Abbett International Value Fund.

7ème Effective July 1, 2019, Lord Abbett Micro-Cap
Value Fund, a series of Lord Abbett Securities Trust, will change its name to Lord Abbett Focused Small Cap Value Fund.

8ème Effective July 31, 2019, Classic Stock Portfolio,
a series of Lord Abbett Series Fund, Inc., will be liquidated.

9ème Effective July 31, 2019, International Opportunities
Portfolio, a series of Lord Abbett Series Fund, Inc., will be liquidated.

10ème Effective February 25, 2019, Lord Abbett Credit
Opportunities Fund, was added.

EXHIBIT D

2019 10 septembre

Lord Abbett Distributor LLC

Lord, Abbett & Co. LLC

Lord, Abbett & Co. LLC 401(k) Retirement Plan

Lord, Abbett Asia LLC

Lord Abbett (Ireland) Limited

Lord Abbett (UK) Ltd.

Lord Abbett (Uruguay) S.R.L.

Lord Abbett Affiliated Fund, Inc.

Lord Abbett Bond-Debenture Fund, Inc.

Lord Abbett Credit Opportunities Fund

Lord Abbett Developing Growth Fund, Inc.

Lord Abbett Equity Trust

Lord Abbett Global Fund, Inc.

Lord Abbett Investment Trust

Lord Abbett Mid Cap Stock Fund, Inc.

Lord Abbett Municipal Income Fund, Inc.

Lord Abbett Research Fund, Inc.

Lord Abbett Securities Trust

Lord Abbett Series Fund, Inc.

Lord Abbett U.S. Government & Government Sponsored Enterprises
Money Market Fund, Inc.

Dear Ladies and Gentlemen:

This is to inform you that the assets of
your funds are covered under our Investment Company Blanket Bond and Policy No. 87023119B as amended, with the ICI Mutual Insurance
Company of Vermont. The effective date of this policy is June 30, 2019.

Under such coverage all proceeds on losses
to the Joint Insureds under the Bond are payable to us. Accordingly, in order to comply with the applicable provisions of Rule
17g-1 under the Investment Company Act of 1940, as amended, we hereby agree that in the event recovery is received under the Bond
as a result of a loss sustained by any registered management investment company and one or more other named insureds, each registered
management investment company shall receive an equitable and proportionate share of the recovery, but at least equal to the amount
which it would have received had it provided and maintained a single insured bond with the minimum coverage required by paragraph
(d)(1) of said Rule 17g-1.

This letter, when signed by Lord, Abbett & Co. LLC and each addressee, shall constitute an agreement among them effective as of June 30, 2019 and may be executed in
counterparts, each of which shall be deemed an original.

Very truly yours,

LORD, ABBETT & CO. LLC

By: /s/ Lawrence B. Stoller
Lawrence B. Stoller
Member

Accepted and agreed to:

Lord Abbett Affiliated Fund, Inc.

Lord Abbett Bond-Debenture Fund, Inc.

Lord Abbett Credit Opportunities Fund

Lord Abbett Developing Growth Fund, Inc.

Lord Abbett Equity Trust

Lord Abbett Global Fund, Inc.

Lord Abbett Investment Trust

Lord Abbett Mid Cap Stock Fund, Inc.

Lord Abbett Municipal Income Fund, Inc.

Lord Abbett Research Fund, Inc.

Lord Abbett Securities Trust

Lord Abbett Series Fund, Inc.

Lord Abbett U.S. Government & Government Sponsored Enterprises
Money Market Fund, Inc.

By: /s/ John T. Fitzgerald
John T. Fitzgerald
Vice President and Assistant Secretary

Lord, Abbett Asia LLC

Lord Abbett Distributor LLC

By: Lord, Abbett & Co. LLC

By: /s/ Lawrence B. Stoller
Lawrence B. Stoller
Member and General Counsel

Lord, Abbett & Co. LLC 401(k) Retirement Plan

By: Lord, Abbett & Co. LLC, its Sponsor

By: /s/ Lawrence B. Stoller
Lawrence B. Stoller
Member and General Counsel

Lord Abbett (Ireland) Limited

Lord Abbett (UK) Ltd.

Lord Abbett (Uruguay) S.R.L.

By: /s/ Jennifer Karam
Jennifer Karam
Director

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