UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: March 31, 1999
Check here if Amendment [ ]; Amendment Number:
This Amendment (Check only one.): [ ] is a restatement.
[ ] adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: Duff & Phelps Investment Mgt Co
Address: 55 East Monroe
Chicago, IL 60603
13F File Number: 28-1420
The institutional investment manager filing this report and the
person by whom it is signed hereby represent that the person
signing the report is authorized to submit it, that all
information contained herein is true, correct and complete, and
that it is understood that all required items, statements,
schedules, lists, and tables, are considered integral parts of
this form.
Person Signing this Report on Behalf of Reporting Manager:
Name: Teresa Bruskotter
Title: Vice President
Phone: 216-771-3450
Signature, Place, and Date of Signing:
Teresa Bruskotter Cleveland, OH May 11, 1999
Report Type (Check only one.):
[X ] 13F HOLDINGS REPORT.
[ ] 13F NOTICE.
[ ] 13F COMBINATION REPORT.
List of Other Managers Reporting for this Manager:
I AM SIGNING THIS REPORT AS REQUIRED BY THE SECURITIES EXCHANGE
ACT OF 1934.
<PAGE>
FORM 13F SUMMARY PAGE
Report Summary:
Number of Other Included Managers: 2
Form 13F Information Table Entry Total: 204
Form 13F Information Table Value Total: $5949044
List of Other Included Managers:
No. 13F File Number Name
1 28-53821 Phoenix Duff & Phelps Investment Advisors
2 28-47829 Phoenix Investment Partners, Ltd.
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FORM 13F INFORMATION TABLE
VALUE SHARES/ SH/ PUT/ INVSTMT OTHER VOTING AUTORITY
NAME OF ISSUER TITLE OF CLASS CUSIP NO (x$1000) PRN AMT PRN CALL DSCRETN MANAGERS SOLE SHARED NONE
- ------------------------------ ---------------- --------- -------- -------- --- ---- ------- ----------- -------- -------- --------
A T & T CORP COM 00195710 1916 24000 SH SOLE 24000 0 0
ABBOTT LABORATORIES COM 00282410 31961 682755 SH SOLE 682755 0 0
AGL RESOURCES COM 00120410 16262 926000 SH SOLE 926000 0 0
ALBERTSON'S INC COM 01310410 50869 934446 SH SOLE 798385 0 136061
ALEXANDRIA REAL ESTATE COM 01527110 5488 207600 SH SOLE 207600 0 0
ALLSTATE CORP COM 02000210 89260 2408355 SH SOLE 2408355 0 0
ALLTEL CORP COM 02003910 37425 600000 SH SOLE 600000 0 0
AMERICAN EXPRESS CO COM 02581610 14081 119582 SH SOLE 119582 0 0
AMERICAN HOME PRODUCTS COM 02660910 169942 2604469 SH SOLE 2187784 0 416685
AMERICAN INTL GROUP INC COM 02687410 15235 126300 SH SOLE 126300 0 0
AMERITECH CORP COM 03095410 11755 203984 SH SOLE 203984 0 0
AMGEN INC COM 03116210 2082 27800 SH SOLE 27800 0 0
AMP INC COM 03189710 1115 20834 SH SOLE 20834 0 0
APARTMENT INVESTMENT & MGT COM 03748R10 12387 341700 SH SOLE 341700 0 0
ASSOCIATES FIRST CAP CL-A COM 04600810 304 6756 SH SOLE 6756 0 0
ATLANTIC RICHFIELD CO COM 04882510 290 3970 SH SOLE 3970 0 0
AUTOMATIC DATA PROCESSING COM 05301510 510 12320 SH SOLE 12320 0 0
AVALONBAY COMMUNITIES INC COM 05348410 9738 305500 SH SOLE 305500 0 0
AVON PRODUCTS INC COM 05430310 69411 1474875 SH SOLE 1474875 0 0
BAKER HUGHES INCORPORATED COM 05722410 270 11115 SH SOLE 11115 0 0
BANK ONE CORPORATION COM 06423A10 5345 97074 SH SOLE 97074 0 0
BANKAMERICA CORP COM 06605F10 69238 980368 SH SOLE 864924 0 115444
BAXTER INTERNATIONAL INC COM 07181310 443 6710 SH SOLE 6710 0 0
BEC ENERGY CO COM 05538M10 48459 1318600 SH SOLE 1318600 0 0
BELL ATLANTIC CORPORATION COM 07785310 124058 2400160 SH SOLE 2400160 0 0
BELLSOUTH CORP COM 07986010 45271 1130000 SH SOLE 1130000 0 0
BESTFOODS COM 08658U10 536 11400 SH SOLE 11400 0 0
BOSTON PROPERTIES COM 10112110 19462 615400 SH SOLE 615400 0 0
BP AMOCO PLC - SPONS ADR COM 05562210 1352 13388 SH SOLE 13388 0 0
BRADLEY REAL ESTATE COM 10458010 2215 123900 SH SOLE 123900 0 0
BRISTOL-MYERS SQUIBB CO COM 11012210 10250 159850 SH SOLE 159850 0 0
C.I.T. GROUP INC-A COM 12557710 49321 1613775 SH SOLE 1341700 0 272075
CABLE & WIRELESS PLC COM 12683020 24545 664500 SH SOLE 664500 0 0
CAMPBELL SOUP CO COM 13442910 1287 31638 SH SOLE 31638 0 0
CAROLINA POWER & LIGHT CO COM 14414110 38489 1017900 SH SOLE 1017900 0 0
CATERPILLAR INC COM 14912310 2664 58000 SH SOLE 58000 0 0
CBL & ASSOCIATES COM 12483010 7087 304800 SH SOLE 304800 0 0
CENTERPOINT PROPERTIES COR COM 15189510 12491 399700 SH SOLE 399700 0 0
CHASE MANHATTAN CORP COM 16161A10 13143 161513 SH SOLE 158600 0 2913
CHELSEA GCA REALTY INC COM 16326210 5976 214400 SH SOLE 214400 0 0
CHEVRON CORP COM 16675110 888 10000 SH SOLE 10000 0 0
CINCINNATI BELL INC COM 17187010 3399 151500 SH SOLE 151500 0 0
CISCO SYSTEMS COM 17275R10 106153 968877 SH SOLE 968877 0 0
CITIGROUP INC COM 17296710 1412 22100 SH SOLE 18110 0 3990
CMS ENERGY CLASS G COM 12589620 4697 225000 SH SOLE 225000 0 0
CMS ENERGY CORP COM 12589610 54446 1352700 SH SOLE 1352700 0 0
COCA-COLA CO COM 19121610 3916 63810 SH SOLE 63810 0 0
COLGATE-PALMOLIVE CO COM 19416210 7032 76440 SH SOLE 76440 0 0
COLONIAL PROPERTIES TRUST COM 19587210 6663 261300 SH SOLE 261300 0 0
COLUMBIA GAS SYSTEM INC COM 19764810 37913 725600 SH SOLE 725600 0 0
COMPAQ COMPUTER CORP COM 20449310 14999 473330 SH SOLE 473330 0 0
CONOCO INC COM 20825130 68621 2793710 SH SOLE 2312750 0 480960
CONSOLIDATED EDISON CO NY COM 20911510 20390 450000 SH SOLE 450000 0 0
CONSOLIDATED NATURAL GAS COM 20961510 200 4112 SH SOLE 4112 0 0
COOPER CAMERON CORP COM 21664010 220 6500 SH SOLE 6500 0 0
CORNERSTONE PROPERTIES INC COM 21922H10 3656 250000 SH SOLE 250000 0 0
CORNING INC COM 21935010 3418 56960 SH SOLE 56960 0 0
CRESCENT REAL ESTATE COM 22575610 12489 580900 SH SOLE 580900 0 0
CVS CORP COM 12665010 91180 1919575 SH SOLE 1919575 0 0
DAYTON HUDSON CORP COM 23975310 162199 2434501 SH SOLE 2034265 0 400236
DELL COMPUTER CORP COM 24702510 327 8000 SH SOLE 8000 0 0
DEVELOPERS DIVERSIFIED RTY COM 25159110 7956 555900 SH SOLE 555900 0 0
DOW CHEMICAL CO COM 26054310 455 4884 SH SOLE 4884 0 0
DQE INC COM 23329J10 48544 1265000 SH SOLE 1265000 0 0
DUKE ENERGY CORP W/RIGHTS COM 26439910 118078 2154225 SH SOLE 2154225 0 0
DUKE REALTY INVESTMENTS COM 26441150 2657 123600 SH SOLE 123600 0 0
DUPONT (E I) DENEMOURS COM 26353410 6033 103903 SH SOLE 103903 0 0
EASTMAN KODAK CO COM 27746110 216 3380 SH SOLE 3380 0 0
EATON CORP COM 27805810 1880 26300 SH SOLE 26300 0 0
EDISON INTERNATIONAL COM 28102010 45799 2058400 SH SOLE 2058400 0 0
EL PASO ENERGY CORPORATION COM 28390510 48861 1494800 SH SOLE 1494800 0 0
ELECTRICIDADE DE PORTUGAL COM 26835310 15825 400000 SH SOLE 400000 0 0
EMC CORP/MASS COM 26864810 89867 703460 SH SOLE 586840 0 116620
EMERSON ELECTRIC CO W/RTS COM 29101110 79586 1503400 SH SOLE 1503400 0 0
ENDESA - SPONSORED ADR COM 29258N10 39636 1593400 SH SOLE 1593400 0 0
ENRON CORP COM 29356110 38550 600000 SH SOLE 600000 0 0
ENTERGY CORP COM 29364G10 27668 1006120 SH SOLE 1006120 0 0
EQUITY OFFICE PROPERTIES COM 29474110 1398 55110 SH SOLE 55110 0 0
EQUITY RESIDENTIAL COM 29476L10 18146 439900 SH SOLE 439900 0 0
ESSEX PROPERTIES COM 29717810 8161 312400 SH SOLE 312400 0 0
EXXON CORP COM 30229010 8919 126404 SH SOLE 126404 0 0
FEDERAL NATL MORTGAGE ASSN COM 31358610 78668 1135995 SH SOLE 1135995 0 0
FEDERATED DEPT COM 31410H10 6208 154725 SH SOLE 154725 0 0
FIRST DATA CORP COM 31996310 98659 2307820 SH SOLE 1937055 0 370765
FIRST INDUSTRIAL REALTY TR COM 32054K10 15052 628800 SH SOLE 628800 0 0
FIRSTENERGY COM 33793210 56000 2000000 SH SOLE 2000000 0 0
FLEET FINANCIAL GROUP INC COM 33891510 4570 121455 SH SOLE 121455 0 0
FORD MOTOR COMPANY COM 34537010 6374 112440 SH SOLE 112440 0 0
FPL GROUP INC COM 30257110 99591 1870245 SH SOLE 1765100 0 105145
GABLES RESIDENTIAL TRUST COM 36241810 3253 148300 SH SOLE 148300 0 0
GENERAL ELECTRIC CO COM 36960410 161345 1458484 SH SOLE 1234943 0 223541
GENERAL GROWTH PROPERTIES COM 37002110 3591 110700 SH SOLE 110700 0 0
GENERAL MOTORS CORP COM 37044210 1133 13020 SH SOLE 13020 0 0
GILLETTE CO COM 37576610 42356 712619 SH SOLE 712619 0 0
GOLF TRUST OF AMERICA COM 38168B10 3032 135500 SH SOLE 135500 0 0
GREAT LAKES REIT INC. COM 39075210 1230 84800 SH SOLE 84800 0 0
GTE CORP COM 36232010 45951 759525 SH SOLE 759525 0 0
HALLIBURTON CO COM 40621610 6658 172935 SH SOLE 172935 0 0
HARTFORD FINANCIAL SVCS GP COM 41651510 75359 1326449 SH SOLE 1105385 0 221064
HEALTH CARE PROPERTY COM 42191510 283 9850 SH SOLE 9850 0 0
HEWLETT-PACKARD CO COM 42823610 2077 30630 SH SOLE 30630 0 0
HIGHWOODS PROPERTIES INC. COM 43128410 10360 439700 SH SOLE 439700 0 0
HOME DEPOT INC COM 43707610 89187 1432720 SH SOLE 1432720 0 0
HOUSEHOLD INTERNATIONAL COM 44181510 1857 40699 SH SOLE 40699 0 0
HRPT PROPERTIES TRUST COM 40426W10 3193 236500 SH SOLE 236500 0 0
ILLINOIS TOOL WORKS INC COM 45230810 4805 77660 SH SOLE 77660 0 0
INTEL CORPORATION COM 45814010 20238 170247 SH SOLE 170247 0 0
INTL BUSINESS MACHINES COM 45920010 127177 717502 SH SOLE 601310 0 116192
JDN REALTY COM 46591710 1083 54500 SH SOLE 54500 0 0
JOHNSON & JOHNSON COM 47816010 9207 98470 SH SOLE 98470 0 0
K N ENERGY INC COM 48262010 15919 798450 SH SOLE 798450 0 0
KELLOGG CO COM 48783610 607 17952 SH SOLE 17952 0 0
KEY TRUST EQUITY INCOME FD COM SEIF**** 1097 12386 SH SOLE 12386 0 0
KEYCORP COM 49326710 940 31012 SH SOLE 31012 0 0
KIMBERLY-CLARK CORP COM 49436810 3878 80900 SH SOLE 80900 0 0
KIMCO REALTY CORP COM 49446R10 9820 266300 SH SOLE 266300 0 0
LAURENTIAN BANK OF CANADA COM 51925D10 388 16600 SH SOLE 16600 0 0
LILLY (ELI) & CO W/RTS COM 53245710 46054 542614 SH SOLE 542614 0 0
LINCOLN NATIONAL CORP COM 53418710 233 2352 SH SOLE 2352 0 0
LUCENT TECHNOLOGIES INC COM 54946310 113523 1051142 SH SOLE 870050 0 181092
MACERICH CO (THE) COM 55438210 7178 316400 SH SOLE 316400 0 0
MACK-CALI REALTY CORP COM 55448910 9100 309800 SH SOLE 309800 0 0
MANUFACTURED HOME COMMUN. COM 56468210 2177 90700 SH SOLE 90700 0 0
MARRIOTT INTL-CL A COM 57190320 2695 80140 SH SOLE 80140 0 0
MARSH & MCLENNAN COS INC COM 57174810 90918 1224485 SH SOLE 1224485 0 0
MASCO CORP COM 57459910 116225 4114165 SH SOLE 3455075 0 659090
MAY DEPARTMENT STORES CO COM 57777810 5180 132405 SH SOLE 132405 0 0
MAYTAG CORP COM 57859210 57957 959950 SH SOLE 959950 0 0
MBNA CORP COM 55262L10 3593 150478 SH SOLE 150478 0 0
MCDONALD'S CORP COM 58013510 119239 2631476 SH SOLE 2229815 0 401661
MCI WORLDCOM INC. COM 55268B10 115112 1299781 SH SOLE 1299781 0 0
MEDTRONIC INC COM 58505510 132567 1844415 SH SOLE 1844415 0 0
MERCK & CO INC COM 58933110 7808 97450 SH SOLE 97450 0 0
MGIC INVESTMENT CORP COM 55284810 90300 2575407 SH SOLE 2158740 0 416667
MICROSOFT CORP COM 59491810 12422 138600 SH SOLE 138600 0 0
MINNESOTA MINING & MFG CO COM 60405910 4453 62935 SH SOLE 62935 0 0
MOBIL CORP COM 60705910 109701 1246605 SH SOLE 1051225 0 195380
MONSANTO CO COM 61166210 27643 601760 SH SOLE 601760 0 0
MORGAN (J P) & CO INC COM 61688010 3686 29876 SH SOLE 29876 0 0
NATIONAL CITY CORP COM 63540510 11592 174645 SH SOLE 174645 0 0
NATIONAL FUEL GAS CO COM 63618010 15700 400000 SH SOLE 400000 0 0
NATIONALPOWER PLC FIN AL COM 63719440 21711 686500 SH SOLE 686500 0 0
NATIONWIDE HEALTH PPTYS COM 63862010 8216 432400 SH SOLE 432400 0 0
NEW CENTURY ENERGIES INC COM 64352U10 38245 1122800 SH SOLE 1122800 0 0
NEW ZEALAND TELECOM COM 87927830 11473 556250 SH SOLE 556250 0 0
NICOR INC COM 65408610 15981 444700 SH SOLE 444700 0 0
NIPSCO INDUSTRIES INC COM 62914010 60928 2256600 SH SOLE 2256600 0 0
NIPSCO INDUSTRIES INC CVPFD 62914030 25250 500000 SH SOLE 500000 0 0
OMEGA HEALTH CARE INVESTOR COM 68193610 670 29200 SH SOLE 29200 0 0
OMNICOM GROUP INC COM 68191910 94110 1177301 SH SOLE 985900 0 191401
PACIFICORP COM 69511410 17250 1000000 SH SOLE 1000000 0 0
PATRIOT AMER HOSPITALITY COM 70335220 952 185771 SH SOLE 185771 0 0
PEPSICO INC COM 71344810 76066 1941080 SH SOLE 1941080 0 0
PFIZER INC COM 71708110 19284 138985 SH SOLE 138985 0 0
PHOENIX CORE EQTY FUND. COM 71892782 2559 243005 SH SOLE 243005 0 0
PINNACLE WEST CAPITAL CORP COM 72348410 40740 1120000 SH SOLE 1120000 0 0
PITNEY-BOWES INC COM 72447910 105542 1655567 SH SOLE 1382240 0 273327
POWERGEN PLC-SPONS ADR COM 73890540 13703 302000 SH SOLE 302000 0 0
PPG INDUSTRIES INC COM 69350610 2626 51246 SH SOLE 51246 0 0
PROCTER & GAMBLE CO COM 74271810 9928 101370 SH SOLE 101370 0 0
RAYTHEON CO CLASS A COM 75511130 3067 53100 SH SOLE 53100 0 0
RECKSON ASSOCIATES REALTY COM 75621K10 14809 720200 SH SOLE 720200 0 0
RECKSON SERVICE INDUSTRIES COM 75621J10 1801 400176 SH SOLE 400176 0 0
RELIANT ENERGY INC TEXAS COM 75952J10 39094 1500000 SH SOLE 1500000 0 0
ROYAL DUTCH PETROLEUM CO COM 78025780 319 6140 SH SOLE 6140 0 0
ROYAL PTT NEDERLAND NV ADS COM 78064120 19844 500000 SH SOLE 500000 0 0
RWEOY ADR (RWEAKTGESELLSCH COM 74975E30 13088 300000 SH SOLE 300000 0 0
SARA LEE CORP COM 80311110 45790 1850100 SH SOLE 1850100 0 0
SBC COMMUNICATIONS INC COM 78387G10 90257 1912730 SH SOLE 1912730 0 0
SCHERING-PLOUGH CORP COM 80660510 116392 2106644 SH SOLE 1770830 0 335814
SCOTISH AND SOUTHERN ENERG COM 81012K30 4750 50000 SH SOLE 50000 0 0
SCOTTISH HYDRO-ELECTRIC COM 0790873 3045 350000 SH SOLE 350000 0 0
SCOTTISH POWER PLC COM 81013T70 17594 500000 SH SOLE 500000 0 0
SERV CORP INTERNATL W/RTS COM 81756510 955 67050 SH SOLE 67050 0 0
SIMON PROPERTY GROUP INC COM 82880610 1206 43940 SH SOLE 43940 0 0
SOUTHERN COMPANY COM 84258710 2130 91380 SH SOLE 91380 0 0
SPIEKER PROPERTIES INC COM 84849710 9717 275650 SH SOLE 275650 0 0
STORAGE USA INC COM 86190710 1356 47800 SH SOLE 47800 0 0
SUN COMMUNITIES INC COM 86667410 1549 48800 SH SOLE 48800 0 0
SUN MICROSYSTEMS INC COM 86681010 94210 753300 SH SOLE 753300 0 0
TELE DANMARK AS COM 87924210 22050 450000 SH SOLE 450000 0 0
TELSTRA COM 87969N20 14434 142100 SH SOLE 142100 0 0
TEXAS INSTRUMENTS INC COM 88250810 2107 21230 SH SOLE 21230 0 0
TEXAS UTILITIES COMPANY IN CVPFD 88284820 42068 789100 SH SOLE 789100 0 0
THE WILLIAMS COMPANY COM 96945710 43528 1101970 SH SOLE 1101970 0 0
TOWER REALTY COM 89185E10 3884 205100 SH SOLE 205100 0 0
TRANSAMERICA CORPORATION COM 89348510 426 6000 SH SOLE 6000 0 0
TRIBUNE CO COM 89604710 431 6585 SH SOLE 6585 0 0
TRINET CORPORATION REALTY COM 89628710 223 8800 SH SOLE 8800 0 0
TRW INC COM 87264910 430 9460 SH SOLE 9460 0 0
U S WEST INC COM 91273H10 66360 1205185 SH SOLE 1205185 0 0
UNICOM CORPORATION COM 90491110 73161 2000990 SH SOLE 2000990 0 0
URBAN SHOPS CENTER COM 91706010 7797 271800 SH SOLE 271800 0 0
UTILICORP UNITED INC COM 91800510 44363 1950000 SH SOLE 1950000 0 0
VIVANT GROUP INC COM 92851L10 0 10000 SH SOLE 0 0 10000
VIVENDI ADR COM 92851S10 26325 540000 SH SOLE 540000 0 0
VORNADO REALTY TRUST COM 92904210 18613 539500 SH SOLE 539500 0 0
WAL-MART STORES INC COM 93114210 1141 12380 SH SOLE 12380 0 0
WALGREEN CO COM 93142210 16662 589800 SH SOLE 589800 0 0
WALT DISNEY COMPANY COM 25468710 2002 64330 SH SOLE 64330 0 0
WARNER-LAMBERT COMPANY COM 93448810 45789 691150 SH SOLE 691150 0 0
WASHINGTON MUTUAL COM 93932210 111886 2737277 SH SOLE 2298449 0 438828
WEEKS CORP COM 94856P10 8309 290900 SH SOLE 290900 0 0
WELLS FARGO COMPANY COM 94974610 259 7380 SH SOLE 7380 0 0
</TABLE>
