THE PHOENIX EDGE SERIES FUND
SUPPLEMENT DATED SEPTEMBER 8, 2000
TO
PROSPECTUS DATED AUGUST 10, 2000
THE INFORMATION CONTAINED IN THIS SUPPLEMENT UPDATES AND REVISES YOUR
PROSPECTUS. THIS INFORMATION APPLIES ONLY TO THE PHOENIX-SCHAFER MID-CAP VALUE
SERIES.
The Board of Trustees of The Phoenix Edge Series Fund voted to discontinue the
subadvisory contract with Schafer Capital Management, Inc. The Board also
approved a subadvisory contract with Sanford C. Bernstein & Co., Inc. Both
actions take effect after the close of business on September 30, 2000. The
Series' investment objective, principal investment strategies and principal
risks will remain the same. The fees and expenses associated with the Series
will not increase.
After September 30, 2000, references to Schafer Capital Management, Inc. as
subadvisor to the Series are no longer valid and are replaced by the following:
SUBADVISOR - Sanford C. Bernstein & Co., Inc. (Sanford Bernstein) serves as
subadvisor to the Series. Sanford Bernstein's principal place of business is at
767 Fifth Avenue, New York, New York 10153. Sanford Bernstein has been engaged
in the investment management business since 1967, specializing in long-term
investing in equity markets. As of June 30, 2000, Sanford Bernstein had
approximately $81 billion in assets under management.
PORTFOLIO MANAGEMENT - Sanford Bernstein's Small/Mid-Cap Equity Investment
Policy Group will make investment decisions for the Series. This group includes
the firm's chairman, chief investment officer, director of research and senior
portfolio managers.
On or about September 30, 2000 the name of the Series will be changed to
Phoenix-Sanford Bernstein Mid-Cap Value Series.
TF647
