PHOENIX DUFF & PHELPS INSTITUTIONAL MUTUAL FUNDS
NSAR-A, 1997-08-29
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<PAGE>      PAGE  1
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<PAGE>      PAGE  21
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<PAGE>      PAGE  22
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<PAGE>      PAGE  23
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<PAGE>      PAGE  24
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<PAGE>      PAGE  25
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<PAGE>      PAGE  26
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<PAGE>      PAGE  27
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<PAGE>      PAGE  28
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<PAGE>      PAGE  29
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<PAGE>      PAGE  31
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<PAGE>      PAGE  34
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<PAGE>      PAGE  35
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SIGNATURE   JACQUELINE PORTER                            
TITLE       ASSISTANT TREASURER 
 


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<SERIES>
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   <NAME> PDP INSTITUTIONAL BALANCED PORTFOLIO CL X
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 018
   <NAME> PDP INSTITUTIONAL BALANCED PORTFOLIO CL Y
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                            34013
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<DIVIDEND-INCOME>                                  139
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<NET-INVESTMENT-INCOME>                            600
<REALIZED-GAINS-CURRENT>                          3913
<APPREC-INCREASE-CURRENT>                        (407)
<NET-CHANGE-FROM-OPS>                             4106
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (130)
<DISTRIBUTIONS-OF-GAINS>                         (292)
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<NUMBER-OF-SHARES-SOLD>                             35
<NUMBER-OF-SHARES-REDEEMED>                      (299)
<SHARES-REINVESTED>                                 22
<NET-CHANGE-IN-ASSETS>                          (4042)
<ACCUMULATED-NII-PRIOR>                             42
<ACCUMULATED-GAINS-PRIOR>                         1234
<OVERDISTRIB-NII-PRIOR>                              0
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    247
<AVERAGE-NET-ASSETS>                             40698
<PER-SHARE-NAV-BEGIN>                            18.15
<PER-SHARE-NII>                                   0.36
<PER-SHARE-GAIN-APPREC>                           1.53
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<PER-SHARE-DISTRIBUTIONS>                       (0.73)
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              18.98
<EXPENSE-RATIO>                                   0.90
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 067
   <NAME> PDP INSTITUTIONAL ENHANCED RESERVES PORTFOLIO CL X
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                            73740
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<OTHER-ITEMS-LIABILITIES>                          127
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         74497
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<SHARES-COMMON-PRIOR>                            12259
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         (418)
<ACCUM-APPREC-OR-DEPREC>                            64
<NET-ASSETS>                                     74156
<DIVIDEND-INCOME>                                    0
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<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (176)
<NET-INVESTMENT-INCOME>                           3005
<REALIZED-GAINS-CURRENT>                          (20)
<APPREC-INCREASE-CURRENT>                        (156)
<NET-CHANGE-FROM-OPS>                             2829
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                       (2949)
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<NUMBER-OF-SHARES-SOLD>                          14621
<NUMBER-OF-SHARES-REDEEMED>                    (19915)
<SHARES-REINVESTED>                                294
<NET-CHANGE-IN-ASSETS>                         (49835)
<ACCUMULATED-NII-PRIOR>                             13
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                       (398)
<GROSS-ADVISORY-FEES>                              123
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    234
<AVERAGE-NET-ASSETS>                            103195
<PER-SHARE-NAV-BEGIN>                             9.95
<PER-SHARE-NII>                                   0.29
<PER-SHARE-GAIN-APPREC>                         (0.01)
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<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.94
<EXPENSE-RATIO>                                   0.34
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 068
   <NAME> PDP INSTITUTIONAL ENHANCED RESERVES PORTFOLIO CL Y
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                            73740
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<RECEIVABLES>                                      410
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<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         74497
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<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                              0
<OVERDISTRIBUTION-GAINS>                         (418)
<ACCUM-APPREC-OR-DEPREC>                            64
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<DIVIDEND-INCOME>                                    0
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<NET-INVESTMENT-INCOME>                           3005
<REALIZED-GAINS-CURRENT>                          (20)
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<NET-CHANGE-FROM-OPS>                             2829
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (56)
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<NUMBER-OF-SHARES-SOLD>                             59
<NUMBER-OF-SHARES-REDEEMED>                       (15)
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<ACCUMULATED-NII-PRIOR>                             13
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<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                       (398)
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<GROSS-EXPENSE>                                    234
<AVERAGE-NET-ASSETS>                            103195
<PER-SHARE-NAV-BEGIN>                             9.95
<PER-SHARE-NII>                                   0.28
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<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               9.94
<EXPENSE-RATIO>                                   0.59
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 057
   <NAME> PDP INSTITUTIONAL U.S. GOVERNMENT PORTFOLIO CL X
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                             8645
<INVESTMENTS-AT-VALUE>                            8666
<RECEIVABLES>                                       57
<ASSETS-OTHER>                                       0
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<TOTAL-ASSETS>                                    8723
<PAYABLE-FOR-SECURITIES>                             0
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<PAID-IN-CAPITAL-COMMON>                          8565
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<OVERDISTRIBUTION-NII>                               0
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<OVERDISTRIBUTION-GAINS>                         (205)
<ACCUM-APPREC-OR-DEPREC>                            22
<NET-ASSETS>                                      8383
<DIVIDEND-INCOME>                                    0
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<EXPENSES-NET>                                    (20)
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<DISTRIBUTIONS-OF-INCOME>                         (95)
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<NUMBER-OF-SHARES-SOLD>                             18
<NUMBER-OF-SHARES-REDEEMED>                      (113)
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<NET-CHANGE-IN-ASSETS>                          (1138)
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<AVERAGE-NET-ASSETS>                              8087
<PER-SHARE-NAV-BEGIN>                            13.15
<PER-SHARE-NII>                                   0.35
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<PER-SHARE-NAV-END>                              13.21
<EXPENSE-RATIO>                                   0.40
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 058
   <NAME> PDP INSTITUTIONAL U.S. GOVERNMENT PORTFOLIO CL Y
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                             8645
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<OVERDISTRIBUTION-GAINS>                         (205)
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<PER-SHARE-NAV-BEGIN>                            13.14
<PER-SHARE-NII>                                   0.31
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<PER-SHARE-NAV-END>                              13.19
<EXPENSE-RATIO>                                   0.65
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 027
   <NAME> PDP INSTITUTIONAL MANAGED BOND PORTFOLIO CL X
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
<PERIOD-END>                               JUN-30-1997
<INVESTMENTS-AT-COST>                            84344
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<ACCUM-APPREC-OR-DEPREC>                           849
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<PER-SHARE-NAV-BEGIN>                            33.98
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<EXPENSE-RATIO>                                   0.55
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 028
   <NAME> PDP INSTITUTIONAL MANAGED BOND PORTFOLIO CL Y
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
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<PER-SHARE-NAV-BEGIN>                            33.97
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<PER-SHARE-NAV-END>                              33.98
<EXPENSE-RATIO>                                   0.80
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<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 047
   <NAME> PDP INSTITUTIONAL MONEY MARKET PORTFOLIO CL X
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-1997
<PERIOD-START>                             JAN-01-1997
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 037
   <NAME> PDP INSTITUTIONAL GROWTH STOCK PORTFOLIO CL X
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<S>                             <C>
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</TABLE>

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<ARTICLE> 6
<SERIES>
   <NUMBER> 038
   <NAME> PDP INSTITUTIONAL GROWTH STOCK PORTFOLIO CL Y
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 071
   <NAME> PHOENIX INSTITUTIONAL REAL ESTATE EQUITY SEC. PORTFOLIO A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 072
   <NAME> PHOENIX INSTITUTIONAL REAL ESTATE EQUITY SEC. PORTFOLIO B
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<SERIES>
   <NUMBER> 048
   <NAME> PDP INSTITUTIONAL MONEY MARKET PORTFOLIO CL Y
<MULTIPLIER> 1,000
       
<S>                             <C>
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</TABLE>


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