UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F
FORM 13F COVER PAGE
Report for the Calendar Year or Quarter Ended: June 30, 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 August 10, 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: 211
Form 13F Information Table Value Total: $7009557
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.
<PAGE>
<TABLE> <C> <C> <C> <C> <C> <C>
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 3263 58465 SH SOLE 58465 0 0
ABBOTT LABORATORIES COM 00282410 39546 871548 SH SOLE 721905 0 149643
AGL RESOURCES COM 00120410 17073 926000 SH SOLE 926000 0 0
ALBERTSON'S INC COM 01310410 87041 1688077 SH SOLE 1412080 0 275997
ALEXANDRIA REAL ESTATE COM 01527110 6488 207600 SH SOLE 207600 0 0
ALLSTATE CORP COM 02000210 105809 2949384 SH SOLE 2431930 0 517454
ALLTEL CORP COM 02003910 42900 600000 SH SOLE 600000 0 0
AMERICAN EXPRESS CO COM 02581610 16684 128217 SH SOLE 128217 0 0
AMERICAN HOME PRODUCTS COM 02660910 99912 1741384 SH SOLE 1466579 0 274805
AMERICAN INTL GROUP INC COM 02687410 14705 125417 SH SOLE 125417 0 0
AMERITECH CORP COM 03095410 12799 174139 SH SOLE 174139 0 0
AMGEN INC COM 03116210 1882 30920 SH SOLE 30920 0 0
APARTMENT INVESTMENT & MGT COM 03748R10 14668 343100 SH SOLE 343100 0 0
ASSOCIATES FIRST CAP CL-A COM 04600810 298 6756 SH SOLE 6756 0 0
ATLANTIC RICHFIELD CO COM 04882510 334 4000 SH SOLE 4000 0 0
AUTOMATIC DATA PROCESSING COM 05301510 475 10800 SH SOLE 10800 0 0
AVALONBAY COMMUNITIES INC COM 05348410 11304 305500 SH SOLE 305500 0 0
AVON PRODUCTS INC COM 05430310 98710 1778550 SH SOLE 1502390 0 276160
BAKER HUGHES INCORPORATED COM 05722410 1478 44125 SH SOLE 44125 0 0
BANK OF AMERICA CORP COM 06050510 74204 1012162 SH SOLE 885622 0 126540
BANK ONE CORPORATION COM 06423A10 3496 58694 SH SOLE 58694 0 0
BAXTER INTERNATIONAL INC COM 07181310 409 6740 SH SOLE 6740 0 0
BEC ENERGY CO COM 05538M10 54392 1318600 SH SOLE 1318600 0 0
BELL ATLANTIC CORPORATION COM 07785310 167220 2557861 SH SOLE 2406520 0 151341
BELLSOUTH CORP COM 07986010 52121 1130000 SH SOLE 1130000 0 0
BERKSHIRE HATHAWAY INC B COM 08467020 249 111 SH SOLE 111 0 0
BESTFOODS COM 08658U10 505 10200 SH SOLE 10200 0 0
BOEING CO COM 09702310 202 4580 SH SOLE 4580 0 0
BOSTON PROPERTIES COM 10112110 22077 615400 SH SOLE 615400 0 0
BP AMOCO PLC - SPONS ADR COM 05562210 1309 12065 SH SOLE 12065 0 0
BRADLEY REAL ESTATE COM 10458010 2571 123900 SH SOLE 123900 0 0
BRISTOL-MYERS SQUIBB CO COM 11012210 11255 159790 SH SOLE 159790 0 0
C.I.T. GROUP INC-A COM 12557710 85863 2973607 SH SOLE 2427500 0 546107
CABLE & WIRELESS PLC COM 12683020 24369 615000 SH SOLE 615000 0 0
CAMPBELL SOUP CO COM 13442910 898 19358 SH SOLE 19358 0 0
CAROLINA POWER & LIGHT CO COM 14414110 43579 1017900 SH SOLE 1017900 0 0
CATERPILLAR INC COM 14912310 3546 59100 SH SOLE 59100 0 0
CBL & ASSOCIATES COM 12483010 10131 384100 SH SOLE 384100 0 0
CENTERPOINT PROPERTIES COR COM 15189510 17093 466700 SH SOLE 466700 0 0
CHASE MANHATTAN CORP COM 16161A10 13615 157400 SH SOLE 157400 0 0
CHELSEA GCA REALTY INC COM 16326210 7217 194400 SH SOLE 194400 0 0
CHEVRON CORP COM 16675110 951 10000 SH SOLE 10000 0 0
CINCINNATI BELL INC COM 17187010 6359 255000 SH SOLE 255000 0 0
CISCO SYSTEMS COM 17275R10 148413 2303203 SH SOLE 1947215 0 355988
CITIGROUP INC COM 17296710 2704 56918 SH SOLE 51382 0 5536
CLOROX CO COM 18905410 37763 353545 SH SOLE 285125 0 68420
CMS ENERGY CLASS G COM 12589620 5288 225000 SH SOLE 225000 0 0
CMS ENERGY CORP COM 12589610 56644 1352700 SH SOLE 1352700 0 0
COCA-COLA CO COM 19121610 2768 44640 SH SOLE 44640 0 0
COLGATE-PALMOLIVE CO COM 19416210 7419 150640 SH SOLE 150640 0 0
COLONIAL PROPERTIES TRUST COM 19587210 1732 61300 SH SOLE 61300 0 0
COLUMBIA GAS SYSTEM INC COM 19764810 45486 725600 SH SOLE 725600 0 0
COMPAQ COMPUTER CORP COM 20449310 10180 429770 SH SOLE 429770 0 0
CONOCO INC COM 20825130 116253 4170518 SH SOLE 3408335 0 762183
CONSOLIDATED EDISON CO NY COM 20911510 20363 450000 SH SOLE 450000 0 0
CONSOLIDATED NATURAL GAS COM 20961510 250 4112 SH SOLE 4112 0 0
COOPER CAMERON CORP COM 21664010 241 6500 SH SOLE 6500 0 0
CORNERSTONE PROPERTIES INC COM 21922H10 3969 250000 SH SOLE 250000 0 0
CORNING INC COM 21935010 3118 44460 SH SOLE 44460 0 0
CRESCENT REAL ESTATE COM 22575610 13951 587400 SH SOLE 587400 0 0
CVS CORP COM 12665010 119659 2357815 SH SOLE 1929915 0 427900
DAYTON HUDSON CORP COM 23975310 163081 2508941 SH SOLE 2070340 0 438601
DELL COMPUTER CORP COM 24702510 296 8000 SH SOLE 8000 0 0
DEVELOPERS DIVERSIFIED RTY COM 25159110 9381 555900 SH SOLE 555900 0 0
DOW CHEMICAL CO COM 26054310 621 4894 SH SOLE 4894 0 0
DQE INC COM 23329J10 50758 1265000 SH SOLE 1265000 0 0
DUKE ENERGY CORP W/RIGHTS COM 26439910 132691 2437491 SH SOLE 2197425 0 240066
DUKE-WEEKS REALITY CORP COM 26441150 2789 123600 SH SOLE 123600 0 0
DUPONT (E I) DENEMOURS COM 26353410 8690 127213 SH SOLE 127213 0 0
EASTMAN KODAK CO COM 27746110 230 3400 SH SOLE 3400 0 0
EATON CORP COM 27805810 2420 26300 SH SOLE 26300 0 0
EDISON INTERNATIONAL COM 28102010 63087 2358400 SH SOLE 2358400 0 0
EL PASO ENERGY CORPORATION COM 28390510 52598 1494800 SH SOLE 1494800 0 0
ELECTRICIDADE DE PORTUGAL COM 26835310 14350 400000 SH SOLE 400000 0 0
EMC CORP/MASS COM 26864810 82188 1494331 SH SOLE 1238155 0 256176
EMERSON ELECTRIC CO W/RTS COM 29101110 133036 2113787 SH SOLE 1766090 0 347697
ENDESA - SPONSORED ADR COM 29258N10 33860 1593400 SH SOLE 1593400 0 0
ENRON CORP COM 29356110 57225 700000 SH SOLE 700000 0 0
ENTERGY CORP COM 29364G10 31442 1006140 SH SOLE 1006140 0 0
EQUITY OFFICE PROPERTIES COM 29474110 1019 39750 SH SOLE 39750 0 0
EQUITY RESIDENTIAL COM 29476L10 19823 439900 SH SOLE 439900 0 0
ESSEX PROPERTIES COM 29717810 11051 312400 SH SOLE 312400 0 0
EXXON CORP COM 30229010 9646 125074 SH SOLE 125074 0 0
FEDERAL NATL MORTGAGE ASSN COM 31358610 93163 1365021 SH SOLE 1143260 0 221761
FEDERATED DEPT COM 31410H10 8191 154725 SH SOLE 154725 0 0
FIRST DATA CORP COM 31996310 115694 2364115 SH SOLE 1957770 0 406345
FIRST INDUSTRIAL REALTY TR COM 32054K10 10734 391200 SH SOLE 391200 0 0
FIRSTENERGY COM 33793210 62000 2000000 SH SOLE 2000000 0 0
FLEET FINANCIAL GROUP INC COM 33891510 4014 90465 SH SOLE 90465 0 0
FORD MOTOR COMPANY COM 34537010 6350 112520 SH SOLE 112520 0 0
FPL GROUP INC COM 30257110 106997 1958750 SH SOLE 1836950 0 121800
G E CAPITAL COM 36963QTJ 250000 2500000 SH SOLE 2500000 0 0
GENERAL ELECTRIC CO COM 36960410 86903 769054 SH SOLE 671973 0 97081
GENERAL GROWTH PROPERTIES COM 37002110 5627 158500 SH SOLE 158500 0 0
GENERAL MOTORS CORP COM 37044210 1791 27130 SH SOLE 27130 0 0
GEORGIA-PACIFIC GROUP COM 37329810 218 4600 SH SOLE 4600 0 0
GILLETTE CO COM 37576610 3510 85610 SH SOLE 85610 0 0
GOLF TRUST OF AMERICA COM 38168B10 3096 126700 SH SOLE 126700 0 0
GREAT LAKES REIT INC. COM 39075210 1378 84800 SH SOLE 84800 0 0
GTE CORP COM 36232010 72433 959381 SH SOLE 762320 0 197061
HALLIBURTON CO COM 40621610 7615 168285 SH SOLE 168285 0 0
HARTFORD FINANCIAL SVCS GP COM 41651510 79967 1371352 SH SOLE 1128835 0 242517
HEWLETT-PACKARD CO COM 42823610 3078 30630 SH SOLE 30630 0 0
HIGHWOODS PROPERTIES INC. COM 43128410 10476 381800 SH SOLE 381800 0 0
HOME DEPOT INC COM 43707610 6995 108560 SH SOLE 108560 0 0
HOUSEHOLD INTERNATIONAL COM 44181510 1928 40699 SH SOLE 40699 0 0
HRPT PROPERTIES TRUST COM 40426W10 3315 216500 SH SOLE 216500 0 0
ILLINOIS TOOL WORKS INC COM 45230810 7449 91120 SH SOLE 91120 0 0
INTEL CORPORATION COM 45814010 20126 338254 SH SOLE 338254 0 0
INTL BUSINESS MACHINES COM 45920010 189263 1464321 SH SOLE 1209190 0 255131
JDN REALTY COM 46591710 1219 54500 SH SOLE 54500 0 0
JOHNSON & JOHNSON COM 47816010 9590 97860 SH SOLE 97860 0 0
KELLOGG CO COM 48783610 592 17952 SH SOLE 17952 0 0
KEY TRUST EQUITY INCOME FD COM SEIF**** 998 11269 SH SOLE 11269 0 0
KEYCORP COM 49326710 965 30052 SH SOLE 30052 0 0
KIMBERLY-CLARK CORP COM 49436810 4611 80900 SH SOLE 80900 0 0
KIMCO REALTY CORP COM 49446R10 10585 266300 SH SOLE 266300 0 0
LAURENTIAN BANK OF CANADA COM 51925D10 381 16600 SH SOLE 16600 0 0
LILLY (ELI) & CO W/RTS COM 53245710 15052 210150 SH SOLE 210150 0 0
LINCOLN NATIONAL CORP COM 53418710 246 4704 SH SOLE 4704 0 0
LUCENT TECHNOLOGIES INC COM 54946310 99701 1478423 SH SOLE 1217380 0 261043
MACERICH CO (THE) COM 55438210 8962 341400 SH SOLE 341400 0 0
MACK-CALI REALTY CORP W/RT COM 55448910 9584 309800 SH SOLE 309800 0 0
MANUFACTURED HOME COMMUN. COM 56468210 2358 90700 SH SOLE 90700 0 0
MARRIOTT INTL-CL A COM 57190320 3850 103015 SH SOLE 103015 0 0
MARSH & MCLENNAN COS INC COM 57174810 113466 1499140 SH SOLE 1243740 0 255400
MASCO CORP COM 57459910 122048 4226760 SH SOLE 3501815 0 724945
MAY DEPARTMENT STORES CO COM 57777810 5417 132515 SH SOLE 132515 0 0
MAYTAG CORP COM 57859210 100869 1444863 SH SOLE 1181310 0 263553
MBNA CORP COM 55262L10 4608 150478 SH SOLE 150478 0 0
MCDONALD'S CORP COM 58013510 111040 2700066 SH SOLE 2263045 0 437021
MCI WORLDCOM INC. COM 55268B10 10150 117943 SH SOLE 117943 0 0
MEDTRONIC INC COM 58505510 132912 1706737 SH SOLE 1429550 0 277187
MERCK & CO INC COM 58933110 7068 96000 SH SOLE 96000 0 0
MGIC INVESTMENT CORP COM 55284810 170215 3500567 SH SOLE 2926330 0 574237
MICROSOFT CORP COM 59491810 13577 150545 SH SOLE 150545 0 0
MINNESOTA MINING & MFG CO COM 60405910 5466 62870 SH SOLE 62870 0 0
MOBIL CORP COM 60705910 74029 749665 SH SOLE 643250 0 106415
MONSANTO CO COM 61166210 57133 1444120 SH SOLE 1184165 0 259955
MORGAN (J P) & CO INC COM 61688010 4184 29776 SH SOLE 29776 0 0
NATIONAL CITY CORP COM 63540510 11341 173145 SH SOLE 173145 0 0
NATIONAL FUEL GAS CO COM 63618010 19400 400000 SH SOLE 400000 0 0
NATIONALPOWER PLC FIN AL COM 63719440 21110 686500 SH SOLE 686500 0 0
NATIONWIDE HEALTH PPTYS COM 63862010 8243 432400 SH SOLE 432400 0 0
NEW CENTURY ENERGIES INC COM 64352U10 43579 1122800 SH SOLE 1122800 0 0
NICOR INC COM 65408610 16926 444700 SH SOLE 444700 0 0
NISOURCE COM 65473P10 58248 2256600 SH SOLE 2256600 0 0
NISOURCE INC CVPFD 65473P30 24688 500000 SH SOLE 500000 0 0
NORTEL NETWORKS CORP COM 65656910 265 3050 SH SOLE 3050 0 0
OMNICOM GROUP INC COM 68191910 96475 1205940 SH SOLE 992980 0 212960
ORACLE SYSTEM CORP COM 68389X10 247 6650 SH SOLE 6650 0 0
PEPSICO INC COM 71344810 100608 2600534 SH SOLE 2159325 0 441209
PFIZER INC COM 71708110 16107 443385 SH SOLE 443385 0 0
PHILIP MORRIS COS INC COM 71815410 1492 37120 SH SOLE 37120 0 0
PHOENIX CORE EQTY FUND. COM 71892782 2675 243005 SH SOLE 243005 0 0
PINNACLE WEST CAPITAL CORP COM 72348410 45080 1120000 SH SOLE 1120000 0 0
PITNEY-BOWES INC COM 72447910 108582 1689997 SH SOLE 1390455 0 299542
POWERGEN PLC-SPONS ADR COM 73890540 12948 302000 SH SOLE 302000 0 0
PPG INDUSTRIES INC COM 69350610 3027 51246 SH SOLE 51246 0 0
PROCTER & GAMBLE CO COM 74271810 78459 879098 SH SOLE 735885 0 143213
PROVIDIAN FINANCIAL CORP COM 74406A10 62731 672714 SH SOLE 550875 0 121839
RAYTHEON CO - CLASS B COM 75511140 214 3040 SH SOLE 3040 0 0
RAYTHEON CO CLASS A COM 75511130 5155 74845 SH SOLE 74845 0 0
RECKSON ASSOC RALTY CORP-B COM 75621K30 4096 171546 SH SOLE 171546 0 0
RECKSON ASSOCIATES REALTY COM 75621K10 17498 742600 SH SOLE 742600 0 0
RECKSON SERVICE INDUSTRIES COM 75621J10 5196 343536 SH SOLE 343536 0 0
RELIANT ENERGY INC TEXAS COM 75952J10 41438 1500000 SH SOLE 1500000 0 0
ROYAL DUTCH PETROLEUM CO COM 78025780 370 6140 SH SOLE 6140 0 0
ROYAL PTT NEDERLAND NV ADS COM 78064120 24000 500000 SH SOLE 500000 0 0
SAFEWAY INC COM 78651420 257 5200 SH SOLE 5200 0 0
SARA LEE CORP COM 80311110 4362 192250 SH SOLE 192250 0 0
SBC COMMUNICATIONS INC COM 78387G10 110938 1912730 SH SOLE 1912730 0 0
SCHERING-PLOUGH CORP COM 80660510 88427 1684330 SH SOLE 1411670 0 272660
SCOTISH AND SOUTHERN ENERG COM 81012K30 5115 50000 SH SOLE 50000 0 0
SCOTTISH HYDRO-ELECTRIC COM 0790873 2279 350000 SH SOLE 350000 0 0
SCOTTISH POWER PLC COM 81013T70 17500 500000 SH SOLE 500000 0 0
SERV CORP INTERNATL W/RTS COM 81756510 956 49650 SH SOLE 49650 0 0
SIMON PROPERTY GROUP INC COM 82880610 663 26144 SH SOLE 26144 0 0
SOUTHERN COMPANY COM 84258710 2422 91410 SH SOLE 91410 0 0
SPIEKER PROPERTIES INC COM 84849710 12100 311250 SH SOLE 311250 0 0
STANDARD & POORS DEPOS COM 78462F10 275 2005 SH SOLE 0 0 2005
STORAGE USA INC COM 86190710 1530 47800 SH SOLE 47800 0 0
SUN COMMUNITIES INC COM 86667410 1555 43800 SH SOLE 43800 0 0
SUN MICROSYSTEMS INC COM 86681010 128774 1869672 SH SOLE 1554585 0 315087
TELE DANMARK AS COM 87924210 23175 900000 SH SOLE 900000 0 0
TELECOM NEW ZEALAND-SP ADR COM 87927820 19434 556250 SH SOLE 556250 0 0
TELSTRA COM 87969N20 16128 142100 SH SOLE 142100 0 0
TEXAS INSTRUMENTS INC COM 88250810 615 4270 SH SOLE 4270 0 0
TEXAS UTILITIES COMPANY IN CVPFD 88284820 43401 789100 SH SOLE 789100 0 0
THE WILLIAMS COMPANY COM 96945710 46903 1101990 SH SOLE 1101990 0 0
TRANSAMERICA CORPORATION COM 89348510 450 6000 SH SOLE 6000 0 0
TRIBUNE CO COM 89604710 1495 17155 SH SOLE 17155 0 0
TRW INC COM 87264910 519 9460 SH SOLE 9460 0 0
TYCO INTERNATIONAL LTD COM 90212410 132858 1402195 SH SOLE 1156835 0 245360
U S WEST INC COM 91273H10 84023 1430185 SH SOLE 1430185 0 0
UNICOM CORPORATION COM 90491110 77164 2001010 SH SOLE 2001010 0 0
UNOCAL CORP COM 91528910 49488 1248905 SH SOLE 1006110 0 242795
URBAN SHOPS CENTER/W RTS COM 91706010 8562 271800 SH SOLE 271800 0 0
UTILICORP UNITED INC COM 91800510 47409 1950000 SH SOLE 1950000 0 0
VIVANT GROUP INC COM 92851L10 0 10000 SH SOLE 0 0 10000
VIVENDI ADR COM 92851S10 26246 1620000 SH SOLE 1620000 0 0
VORNADO OPERATING CO COM 92904N10 252 31445 SH SOLE 31445 0 0
VORNADO REALTY TRUST COM 92904210 18698 529500 SH SOLE 529500 0 0
WAL-MART STORES INC COM 93114210 1204 24960 SH SOLE 24960 0 0
WALGREEN CO COM 93142210 15478 526900 SH SOLE 526900 0 0
WALT DISNEY COMPANY COM 25468710 1862 60415 SH SOLE 60415 0 0
WARNER-LAMBERT COMPANY COM 93448810 79095 1144229 SH SOLE 936675 0 207554
WASHINGTON MUTUAL COM 93932210 100987 2839718 SH SOLE 2359151 0 480567
WEEKS CORP COM 94856P10 8872 290900 SH SOLE 290900 0 0
WELLS FARGO CO COM 94974610 78512 1836527 SH SOLE 1491040 0 345487
WYNDHAM INTL - CL A W/RTS COM 98310110 705 156618 SH SOLE 156618 0 0
</TABLE>
