Lord Abbett Developing Growth Fund, Inc.
Supplement dated December 27, 1999 to
Prospectus dated June 1, 1999 (As revised August 1, 1999)
Starting January 17, 2000, Classes A, B, C and P will not be available for
purchase by new investors other than through Mutual Fund Advisory Programs
currently offering the Fund's shares and certain qualified retirement plans
described below. Existing shareholders may continue to invest in the Fund by
adding to existing accounts. Qualified plans currently offering the Fund as an
investment option may open new participant accounts. However, it is the Fund's
intention not to accept any purchase order for more than $5 million.
Qualified retirement plans that are currently considering investing in the Fund
but have not yet done so may invest in the Fund after January 17, 2000 only if
they or their representatives contact the Funds' distributor, Lord Abbett
Distributor LLC, by January 31, 2000 and receive approval for the investment. If
approved, a plan's initial investment may be made before or after January 31.
Lord Abbett Developing Growth Fund, Inc.
Supplement dated December 27, 1999 to
Class Y Shares Prospectus dated May 1, 1999
Starting January 17, 2000, Class Y shares of Lord Abbett Developing Growth Fund
will not be available for purchase by new investors other than through Mutual
Fund Advisory Programs currently offering the Fund's shares and certain
qualified retirement plans described below. Existing shareholders may continue
to invest in the Fund by adding to existing accounts. Qualified plans currently
offering the Fund as an investment option may open new participant accounts.
However, it is the Fund's intention not to accept any purchase order for more
than $5 million.
Qualified retirement plans that are currently considering investing in the Fund
but have not yet done so may invest in the Fund after January 17, 2000 only if
they or their representatives contact the Funds' distributor, Lord Abbett
Distributor LLC, by January 31, 2000 and receive approval for the investment. If
approved, a plan's initial investment may be made before or after January 31.
