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SIGNATURE JACKIE PORTER
TITLE ASSISTANT TREASURER
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EXHIBIT INDEX
Exhibit A: Attachment to item 77B:
Accountant's report on internal control.
Exhibit B: Attachment to item 77C:
Submission of matters to a vote of security holders
- --------------------------------------------------------------
Exhibit A:
February 11, 1999
To the Shareholders and Directors of Phoenix Strategic
Allocation Fund, Inc.
In planning and performing our audit of the financial
statements of Phoenix Strategic Allocation Fund, Inc.
(the "Fund") for the year ended December 31, 1998, we
considered its internal control, including control
activities for safeguarding securities, in order to
determine our auditing procedures for the purpose of
expressing our opinion on the financial statements and
to comply with the requirements of Form N-SAR, not to
provide assurance on internal control.
The management of the Fund is responsible for
establishing and maintaining internal control. In
fulfilling this responsibility, estimates and
judgments by management are required to assess the
expected benefits and related costs of controls.
Generally, controls that are relevant to an audit
pertain to the entity's objective of preparing
financial statements for external purposes that are
fairly presented in conformity with generally accepted
accounting principles. Those control activities
include the safeguarding of assets against
unauthorized acquisition, use or disposition.
Because of inherent limitations in internal control,
errors or fraud may occur and not be detected. Also,
projection of any evaluation of internal control to
future periods is subject to the risk that it may
become inadequate because of changes in conditions or
that the effectiveness of the design and operation may
deteriorate.
Our consideration of internal control would not
necessarily disclose all matters in internal control
that might be material weaknesses under standards
established by the American Institute of Certified
Public Accountants. A material weakness is a
condition in which the design or operation of one or
more of the internal control components does not
reduce to a relatively low level the risk that
misstatements caused by error or fraud in amounts that
would be material in relation to the financial
statements being audited may occur and not be detected
within a timely period by employees in the normal
course of performing their assigned functions.
However, we noted no matters involving internal
control and its operations, including control
activities for safeguarding securities, that we
consider to be material weaknesses as defined above as
of December 31, 1998.
This report is intended solely for the information and
use of management and the Directors of the Fund and
the Securities and Exchange Commission.
PricewaterhouseCoopers LLP
Exhibit B:
RESULTS OF SHAREHOLDER MEETING (Unaudited)
A special meeting in lieu of the Annual Meeting of
shareholders of the Phoenix Strategic Allocation Fund, Inc.
was held on September 10, 1998 to approve the following
matters:
1. Fix the number of directors at twelve and elect such
number as detailed below.
2. Ratify selection of PricewaterhouseCoopers LLP,
independent accountants, as auditors for the fiscal year
ending December 31, 1998.
On the record date for this meeting, there were 19,455,157
shares outstanding and 56.93% of the shares outstanding and
entitled to vote were present by proxy.
NUMBER OF VOTES
For Withheld
1. Election of Directors
Robert Chesek 10,688,931 387,124
E. Virgil Conway 10,701,072 374,983
Harry Dalzell-Payne 10,701,962 374,093
Francis E. Jeffries 10,701,035 375,020
Leroy Keith, Jr. 10,702,162 373,893
Philip R. McLoughlin 10,702,162 373,893
Everett L. Morris 10,703,323 372,732
James M. Oates 10,703,323 372,732
Calvin J. Pedersen 10,703,323 372,732
Herbert Roth, Jr. 10,703,323 372,732
Richard E. Segerson 10,703,323 372,732
Lowell P. Weicker, Jr. 10,703,323 372,732
For Against Abstain
2. PricewaterhouseCoopers LLP
10,611,650 85,650 378,754
