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SIGNATURE JACKIE PORTER
TITLE ASSISTANT TREASURER
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<NUMBER-OF-SHARES-SOLD> 10
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<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 114
<ACCUMULATED-NII-PRIOR> 0
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<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 28
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<GROSS-EXPENSE> 196
<AVERAGE-NET-ASSETS> 8678
<PER-SHARE-NAV-BEGIN> 10.00
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</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 021
<NAME> PHOENIX GROWTH AND INCOME FUND CLASS A
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-25-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 27974
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<OTHER-ITEMS-LIABILITIES> 150
<TOTAL-LIABILITIES> 1295
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27177
<SHARES-COMMON-STOCK> 1617
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (10)
<ACCUMULATED-NET-GAINS> 367
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2496
<NET-ASSETS> 30030
<DIVIDEND-INCOME> 120
<INTEREST-INCOME> 16
<OTHER-INCOME> 0
<EXPENSES-NET> (92)
<NET-INVESTMENT-INCOME> 44
<REALIZED-GAINS-CURRENT> 406
<APPREC-INCREASE-CURRENT> 2496
<NET-CHANGE-FROM-OPS> 2946
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (42)
<DISTRIBUTIONS-OF-GAINS> (28)
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<NUMBER-OF-SHARES-SOLD> 1677
<NUMBER-OF-SHARES-REDEEMED> (67)
<SHARES-REINVESTED> 7
<NET-CHANGE-IN-ASSETS> 18483
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
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<GROSS-ADVISORY-FEES> 48
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<GROSS-EXPENSE> 261
<AVERAGE-NET-ASSETS> 14837
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.04
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<PER-SHARE-NAV-END> 11.43
<EXPENSE-RATIO> 1.25
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<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 022
<NAME> PHOENIX GROWTH AND INCOME FUND CLASS B
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-25-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 27974
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<RECEIVABLES> 783
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<TOTAL-ASSETS> 31325
<PAYABLE-FOR-SECURITIES> 1145
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 150
<TOTAL-LIABILITIES> 1295
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27177
<SHARES-COMMON-STOCK> 662
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (10)
<ACCUMULATED-NET-GAINS> 367
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2496
<NET-ASSETS> 30030
<DIVIDEND-INCOME> 120
<INTEREST-INCOME> 16
<OTHER-INCOME> 0
<EXPENSES-NET> (92)
<NET-INVESTMENT-INCOME> 44
<REALIZED-GAINS-CURRENT> 406
<APPREC-INCREASE-CURRENT> 2496
<NET-CHANGE-FROM-OPS> 2946
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9)
<DISTRIBUTIONS-OF-GAINS> (8)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 670
<NUMBER-OF-SHARES-REDEEMED> (10)
<SHARES-REINVESTED> 2
<NET-CHANGE-IN-ASSETS> 7550
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 48
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 261
<AVERAGE-NET-ASSETS> 14837
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 1.45
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (0.03)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.41
<EXPENSE-RATIO> 2.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 023
<NAME> PHOENIX GROWTH AND INCOME FUND CLASS C
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-25-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 27974
<INVESTMENTS-AT-VALUE> 30470
<RECEIVABLES> 783
<ASSETS-OTHER> 72
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 31325
<PAYABLE-FOR-SECURITIES> 1145
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 150
<TOTAL-LIABILITIES> 1295
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27177
<SHARES-COMMON-STOCK> 302
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (10)
<ACCUMULATED-NET-GAINS> 367
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2496
<NET-ASSETS> 30030
<DIVIDEND-INCOME> 120
<INTEREST-INCOME> 16
<OTHER-INCOME> 0
<EXPENSES-NET> (92)
<NET-INVESTMENT-INCOME> 44
<REALIZED-GAINS-CURRENT> 406
<APPREC-INCREASE-CURRENT> 2496
<NET-CHANGE-FROM-OPS> 2946
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (2)
<DISTRIBUTIONS-OF-GAINS> (2)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 304
<NUMBER-OF-SHARES-REDEEMED> (2)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 3449
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 48
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 261
<AVERAGE-NET-ASSETS> 14837
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.02
<PER-SHARE-GAIN-APPREC> 1.45
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (0.03)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.41
<EXPENSE-RATIO> 2.00
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 024
<NAME> PHOENIX GROWTH AND INCOME FUND CLASS M
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1998
<PERIOD-START> SEP-25-1997
<PERIOD-END> FEB-28-1998
<INVESTMENTS-AT-COST> 27974
<INVESTMENTS-AT-VALUE> 30470
<RECEIVABLES> 783
<ASSETS-OTHER> 72
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 31325
<PAYABLE-FOR-SECURITIES> 1145
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 150
<TOTAL-LIABILITIES> 1295
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 27177
<SHARES-COMMON-STOCK> 48
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> (10)
<ACCUMULATED-NET-GAINS> 367
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2496
<NET-ASSETS> 30030
<DIVIDEND-INCOME> 120
<INTEREST-INCOME> 16
<OTHER-INCOME> 0
<EXPENSES-NET> (92)
<NET-INVESTMENT-INCOME> 44
<REALIZED-GAINS-CURRENT> 406
<APPREC-INCREASE-CURRENT> 2496
<NET-CHANGE-FROM-OPS> 2946
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1)
<DISTRIBUTIONS-OF-GAINS> (1)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 48
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 548
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 48
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 261
<AVERAGE-NET-ASSETS> 14837
<PER-SHARE-NAV-BEGIN> 10.00
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 1.46
<PER-SHARE-DIVIDEND> (0.03)
<PER-SHARE-DISTRIBUTIONS> (0.03)
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 11.43
<EXPENSE-RATIO> 1.50
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
