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 Affiliated Fund, Inc.
        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:     811-5

        Securities Act File Number:             2-10638


4(a).   Last day of fiscal year for which this Form is filed:  October 31, 2000
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):                 $ 2,240,107,830

  (ii)    Aggregate price of securities redeemed or
          repurchased during the fiscal year:       $ (1,153,099,525)

  (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)]:                                   $ (1,153,099,525)

  (v)     Net sales - if Item 5(i) is greater than Item 5(iv)
          [subtract Item 5(iv) from Item 5(i)]:                  $ 1,087,008,305

- -------------------------------------------------------------------------------
  (vi)    Redemption credits availed for use in    $(__________)
          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 .00025


  (viii)  Registration fee due [multiply Item 5(v) by Item
          5(vii)] enter "0" if no fee is due):                     =$ 271,752.08


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):

                                                                    +$   0


8.      Total of the amount of the registration fee due plus any interest due
        [line 5(viii) plus line 7]:

                                                                   =$271,752.08


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

Method of Deliver:
                          X     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/ CHRISTINA T. SIMMONS
                                Christina T. Simmons
                                Vice President and Assistant Secretary

Date:  January 26, 2001
*Please print the name and title of the signing officer below the signature