LORD ABBETT U S GOVERNMENT SECURITIES MONEY MARKET FUND INC
497, 1998-10-01
Previous: COMMONWEALTH TELEPHONE ENTERPRISES INC /NEW/, 8-K, 1998-10-01
Next: FIDELITY BEACON STREET TRUST, 485BPOS, 1998-10-01





SUPPLEMENT TO THE CURRENT PROSPECTUS FOR
LORD ABBETT U.S.
GOVERNMENT SECURITIES
MONEY MARKET FUND, INC.
(THE "FUND")


Class B Shares.  Anything in the  Prospectus  to the  contrary  notwithstanding,
Class  B  shares  of  the  Fund  may  be  purchased  (i)  by  investors  opening
Dollar-Cost-Averaging  accounts,  pursuant  to which all of the amount  invested
will be reinvested in an Eligible Fund within 24 months of the initial purchase,
and (ii) by exchange for Class B shares of any Eligible Fund.  Class B shares of
the Fund are sold  without  an  initial  sales  charge,  although  a  contingent
deferred  sales charge  ("CDSC")  will be imposed if you redeem  shares within a
specified period after purchase.  See "Contingent  Deferred Sales Charge" in the
Prospectus for more information  about the CDSC. Shaded terms are defined in the
"Glossary of Terms" in the Prospectus.

For  Class B  shares,  Lord  Abbett  Distributor  pays an  up-front  payment  to
authorized  institutions totalling 4%, consisting of 0.25% for service and 3.75%
for a sales commission.

Effective Date:  October 1, 1998




© 2022 IncJournal is not affiliated with or endorsed by the U.S. Securities and Exchange Commission