PHOENIX INVESTMENT TRUST 97
NSAR-A, 1999-04-28
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<PAGE>      PAGE  1
000 A000000 02/28/99
000 C000000 0001045018
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 PHOENIX INVESTMENT TRUST 97
001 B000000 811-008343
001 C000000 3027913197
002 A000000 101 MUNSON STREET
002 B000000 GREENFIELD
002 C000000 MA
002 D010000 01301
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  2
007 C010100  1
007 C020100 PHOENIX-HOLLISTER VALUE EQUITY FUND
007 C030100 N
007 C010200  2
007 C020200 PHOENIX-HOLLISTER SMALL CAP VALUE FUND
007 C030200 N
007 C010300  3
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
008 A00AA01 PHOENIX INVESTMENT COUNSEL, INC.
008 B00AA01 A
008 C00AA01 801-5995
008 D01AA01 HARTFORD
008 D02AA01 CT
008 D03AA01 06115
008 D04AA01 0480
008 A00AA02 DELETE
010 A00AA01 PHOENIX EQUITY PLANNING CORPORATION
010 B00AA01 84-5491
010 C01AA01 ENFIELD
010 C02AA01 CT
010 C03AA01 06083
010 C04AA01 2200
011 A00AA01 PHOENIX EQUITY PLANNING CORPORATION
<PAGE>      PAGE  2
011 B00AA01 8-45491
011 C01AA01 ENFIELD
011 C02AA01 CT
011 C03AA01 06083
011 C04AA01 2200
012 A00AA01 PHOENIX EQUITY PLANNING CORPORATION
012 B00AA01 84-5491
012 C01AA01 ENFIELD
012 C02AA01 CT
012 C03AA01 06083
012 C04AA01 2200
013 A00AA01 PRICEWATERHOUSECOOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 PHOENIX EQUITY PLANNING CORPORATION
014 B00AA01 8-45491
015 A00AA01 STATE STREET BANK AND TRUST COMPANY
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02101
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00   57
019 C00AA00 PHOENIX-IP
020 A000001 INSTINET CORP.
020 B000001 13-3443395
020 C000001     63
020 A000002 DONALDSON, LUFKIN & JENRETTE CORP.
020 B000002 13-2741729
020 C000002     36
020 A000003 RAYMOND JAMES
020 B000003 N/A
020 C000003      4
020 A000004 BEAR STEARNS
020 B000004 13-3299429
020 C000004      2
020 A000005 MORGAN KEEGAN
020 B000005 N/A
020 C000005      1
020 A000006 WEEDEN & CO.
020 B000006 13-3364318
020 C000006      1
020 A000007 LEGG MASON WOOD WALKER
020 B000007 52-0902557
020 C000007      1
020 A000008 FURMAN STELZ, MAGER, DIETZ
020 B000008 13-3856626
020 C000008      1
<PAGE>      PAGE  3
020 A000009 ROBERTSON STEVENS
020 B000009 N/A
020 C000009      1
020 A000010 LEHMAN BROTHERS, INC.
020 B000010 13-2518466
020 C000010      1
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022 A000001 GOLDMAN SACHS
022 B000001 13-5108880
022 C000001     30482
022 D000001        21
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022 B000002 13-5659485
022 C000002     15441
022 D000002       964
022 A000003 MERRILL LYNCH PIERCE FENNER & SMITH, INC.
022 B000003 13-5674085
022 C000003     12741
022 D000003      2069
022 A000004 CHASE MANHATTAN
022 B000004 13-3112953
022 C000004      8048
022 D000004         0
022 A000005 NATIONS BANK
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022 B000006 13-3856626
022 C000006      1093
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022 B000007 13-2518466
022 C000007       889
022 D000007      1127
022 A000008 ASSOCIATES CORP. OF NORTH AMERICA
022 B000008 N/A
022 C000008      1769
022 D000008         0
022 A000009 BEAR STEARNS & CO., INC.
022 B000009 13-3299429
022 C000009       428
022 D000009       804
022 A000010 FIRST CHICAGO CAPITAL MARKETS
022 B000010 36-3595942
022 C000010      1130
022 D000010         0
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023 D000000       9460
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<PAGE>      PAGE  4
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<PAGE>      PAGE  6
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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SIGNATURE   MARY JANE MALONEY                            
TITLE       MANAGER             
 


<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001045018
<NAME> PHOENIX INVESTMENT TRUST 97
<SERIES>
   <NUMBER> 011
   <NAME> PHOENIX-HOLLISTER VALUE EQUITY FUND - CLASS A
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<S>                             <C>
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<TABLE> <S> <C>

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<CIK> 0001045018
<NAME> PHOENIX INVESTMENT TRUST 97
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   <NAME> PHOENIX-HOLLISTER VALUE EQUITY FUND - CLASS B
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001045018
<NAME> PHOENIX INVESTMENT TRUST 97
<SERIES>
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   <NAME> PHOENIX-HOLLISTER VALUE EQUITY FUND - CLASS C
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</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<CIK> 0001045018
<NAME> PHOENIX INVESTMENT TRUST 97
<SERIES>
   <NUMBER> 021
   <NAME> PHOENIX-HOLLISTER SMALL CAP VALUE FUND - CLASS A
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<S>                             <C>
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0001045018
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   <NAME> PHOENIX-HOLLISTER SMALL CAP VALUE FUND - CLASS B
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</TABLE>

<TABLE> <S> <C>

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<CIK> 0001045018
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   <NUMBER> 023
   <NAME> PHOENIX-HOLLISTER SMALL CAP VALUE FUND - CLASS C
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</TABLE>


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