LORD ABBETT EQUITY FUND INC
24F-2NT, 2000-12-22
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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 Equity Fund.
                                   90 Hudson Street
                                   Jersey City, New Jersey 07302-3973

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:          811-06033

     Securities Act File Number:                  33-33225

4(a).     Last day of fiscal year for which this Form is filed:    May 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 issuer's 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):
                                                        $5,751,284

     (ii) Aggregate price of securities redeemed or
          repurchased during the fiscal year:
                                                        $7,971,180

     (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):
                                                        $7,971,180

     (v)  Net sales - if Item 5(i) is greater than Item
          5(iv)[subtract Item 5(iv) from Item 5(i)]:
                                                       $
------------------------------------------------------------
     (vi) Redemption credits available for use in         $(2,219,896)
          future years - if Item 5(i) is less than
          Item 5(iv) [subtract Item 5(iv) from Item 5(i)]:
------------------------------------------------------------
     (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): =$

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]:
                                                  =$

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

     Method of Deliver:
               [   ]     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: December 22, 2000


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



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