Addendum to Management Agreement between Lord Abbett Investment Trust and Lord, Abbett & Co. LLC Dated March 31, 2017
Exhibit 99.28(d)(xxiii)
Addendum to Management Agreement
between Lord Xxxxxx Investment Trust and
Lord, Xxxxxx & Co. LLC
Dated March 31, 2017
Lord, Xxxxxx & Co. LLC and Lord Xxxxxx Investment Trust on behalf of its series, Lord Xxxxxx Short Duration Core Bond Fund (the “Fund”), do hereby agree that the annual management fee rate for the Fund stated in paragraph 2 of the Management Agreement dated October 20, 1993 (“the Agreement”), shall be amended as follows:
0.30% on the first $1 billion of average daily net assets;
0.25% on the next $1 billion of average daily net assets; and
0.20% on the Fund’s average daily net assets over $2 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, Xxxxxx & Co. LLC | ||
By: | /s/ Xxxxxxxx X. Xxxxxx | |
Xxxxxxxx X. Xxxxxx | ||
Member and General Counsel | ||
Lord Xxxxxx Investment Trust | ||
By: | /s/ Xxxxxx X. Xxxxxxxxx | |
Xxxxxx X. Xxxxxxxxx | ||
Vice President and Assistant Secretary |
Dated: March 31, 2017