ZWEIG SERIES TRUST
SUPPLEMENT DATED OCTOBER 12, 1998
TO THE PROSPECTUS DATED MAY 1, 1998
The prospectus is changed as follows:
1. On page 16 under the caption CLASS A SHARES, the following sentence is added
at the end of the first paragraph:
The distributor has agreed to reallow to your dealer the full sales charge
on Class A Shares of Zweig Managed Assets during the period October 12, 1998
to January 29, 1999.
2. On page 18 under the caption CLASS B SHARES, the following sentence is added
after the first sentence:
The distributor has agreed to pay your dealer 4.50% of the purchase amount
on Class B Shares of Zweig Managed Assets during the period October 12, 1998
to January 29, 1999.
3. On page 18 under the caption CLASS C SHARES, the following sentence is added
after the second sentence:
The distributor has agreed to pay your dealer 1.25% of the purchase amount
on Class C Shares of Zweig Managed Assets during the period October 12, 1998
to January 29, 1999.
