EX-99.(D)(XV) 5 c92240_ex99dxv.htm ADDENDUM TO MANAGEMENT AGREEMENT DATED JANUARY 18, 2019 (LORD ABBETT FOCUSED GROWTH FUND)

Exhibit 99.(d)(xv)

 

Addendum to Management Agreement

between Lord Abbett Securities Trust and

Lord, Abbett & Co. LLC

Dated January 18, 2019

 

Lord, Abbett & Co. LLC and Lord Abbett Securities Trust on behalf of its series, Lord Abbett Focused Growth (the “Fund”), do hereby agree that, effective as of the Fund’s commencement of operations, the annual management fee rate for the Fund with respect to paragraph 2 of the Management Agreement dated May 19, 1993 (the “Agreement”) shall be as follows:

 

0.65% on the first $1 billion of average daily net assets; and

0.63% on the next $1 billion of average daily net assets; and

0.60% on the next $5 billion of average daily net assets; and

0.59% on the Fund’s average daily net assets over $7 billion.

 

For purposes of Section 15 (a) of the Investment Company Act of 1940, as amended, this Addendum and the Agreement shall together constitute the investment advisory contract of the Fund.

 

  Lord Abbett Securities Trust
     
  By: /s/ John T. Fitzgerald
    John T. Fitzgerald
    Vice President and Assistant Secretary
     
  Lord, Abbett & Co. LLC
     
  By: /s/ Lawrence B. Stoller
    Lawrence B. Stoller
    Member and General Counsel