LORD ABBETT DEVELOPING GROWTH FUND INC /NEW/
24F-2NT, 1999-04-23
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                                  United States
                       Securities and Exchange Commission
                             Washington, D.C. 20549

                                   FORM 24F-2
                        Annual Notice of Securities Sold
                             Pursuant to Rule 24f-2


1.       Name and address of issuer:   Lord Abbett Developing Growth Fund, Inc.
                                       767 Fifth Avenue
                                       New York, NY  10153

     2. The name of each  series or class of  securities  for which this Form is
filed (If the Form is being  filed for all series and classes of  securities  of
the issuer, check the box but do not list series or classes): X

3.       Investment Company Act File Number:         811-2871

         Securities Act File Number:                 2-62797

     4(a).  Last day of fiscal  year for which this Form is filed:  January  31,
1999 4(b).  ____ Check box if this Form is being filed late (i.e.,  more than 90
calendar days after the end of the issuers fiscal year). (See Instruction A.2)

     Note:  If the  Form  is  being  filed  late,  interest  must be paid on the
registration fee due.

     4(c).  ____  Check box if this is the last time the  issuer  will be filing
this Form.

5. Calculation of registration fee:

         (i)      Aggregate sales price of securities sold during the
                  fiscal year pursuant to section 24(f):      $891,051,508

         (ii)     Aggregate price of securities redeemed or
                  repurchased during the fiscal year:         $241,146,131

         (iii)    Aggregate price of securities  redeemed or repurchased  during
                  any prior  fiscal year ending no earlier than October 11, 1995
                  that  were not  previously  used to reduce  registration  fees
                  payable to the Commission: $0

         (iv)     Total available redemption credits [add Items
                  5(ii) and 5(iii):                          -$241,146,131

         (v)      Net sales - if Item 5(i) is greater than Item 5(iv)  [subtract
                  Item 5(iv) from Item 5(i)]: $649,905,377



         (vii)    Multiplier for determining registration fee
                  (See Instruction C.9):                      x .000278

         (viii)   Registration fee due [multiply Item 5(v) by Item 5(vii)] enter
                  "0" if no fee is due): =$180,674


6.       Prepaid Shares

     If the  response  to Item 5(i) was  determined  by  deducting  an amount of
securities  that were  registered  under the  Securities Act of 1933 pursuant to
rule 24e-2 as in effect  before  October  11,  1997,  then  report the amount of
securities  (number of shares or other units) deducted here:  _____________.  If
there is a number of shares or other units that were registered pursuant to rule
24e-2  remaining  unsold at the end of the  fiscal  year for which  this form is
filed that are  available  for use by the issuer in future  fiscal  years,  then
state that number here: ____________.

     7.  Interest  due - if this Form is being filed more than 90 days after the
end of the issuer's fiscal year (see Instruction D):

                                                            +$--------------

8. Total of the amount of the  registration  fee due plus any interest due [line
 5(viii) plus line 7]:

                                                                       =$180,674

9.  Date  the  registration  fee  and  any  interest  payment  was  sent  to the
 Commission's lockbox depository:

Method of Deliver:
                             X      Wire Transfer
                           ____     Mail or other means

                                         SIGNATURES

     This report has been signed below by the following persons on behalf of the
issuer and in the capacities and on the dates indicated.

By (Signature and Title)*           /s/ Lawrence H. Kaplan
                                    Lawrence H. Kaplan, Vice President

Date:  April 23, 1999

  *Please print the name and title of the signing officer below the signature



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