PHOENIX STRATEGIC EQUITY SERIES FUND
NSAR-A, 1997-12-24
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<PAGE>      PAGE  1
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SIGNATURE   JACKIE PORTER                                
TITLE       ASSISTANT TREASURER 
 


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</TABLE>

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<S>                             <C>
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<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                           332355
<INVESTMENTS-AT-VALUE>                          350602
<RECEIVABLES>                                    19445
<ASSETS-OTHER>                                       1
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<PAYABLE-FOR-SECURITIES>                          3167
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                         1029
<TOTAL-LIABILITIES>                               4196
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        288541
<SHARES-COMMON-STOCK>                             7490
<SHARES-COMMON-PRIOR>                             6984
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                          (1678)
<ACCUMULATED-NET-GAINS>                          60741
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         18248
<NET-ASSETS>                                    365852
<DIVIDEND-INCOME>                                  269
<INTEREST-INCOME>                                  725
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (2673)
<NET-INVESTMENT-INCOME>                         (1679)
<REALIZED-GAINS-CURRENT>                         86186
<APPREC-INCREASE-CURRENT>                        20250
<NET-CHANGE-FROM-OPS>                           104757
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
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<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                           1230
<NUMBER-OF-SHARES-REDEEMED>                      (724)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           50217
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                     (25445)
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<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   2673
<AVERAGE-NET-ASSETS>                            326626
<PER-SHARE-NAV-BEGIN>                            13.98
<PER-SHARE-NII>                                 (0.13)
<PER-SHARE-GAIN-APPREC>                           5.89
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              19.74
<EXPENSE-RATIO>                                   2.08
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 011
   <NAME> PHOENIX EQUITY OPPORTUNITIES FUND CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                           181866
<INVESTMENTS-AT-VALUE>                          191653
<RECEIVABLES>                                      745
<ASSETS-OTHER>                                       3
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  192401
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          457
<TOTAL-LIABILITIES>                                457
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        147548
<SHARES-COMMON-STOCK>                            22110
<SHARES-COMMON-PRIOR>                            23713
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           (766)
<ACCUMULATED-NET-GAINS>                          35375
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          9787
<NET-ASSETS>                                    191944
<DIVIDEND-INCOME>                                  286
<INTEREST-INCOME>                                  127
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (1179)
<NET-INVESTMENT-INCOME>                          (766)
<REALIZED-GAINS-CURRENT>                         37118
<APPREC-INCREASE-CURRENT>                         3954
<NET-CHANGE-FROM-OPS>                            40306
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            418
<NUMBER-OF-SHARES-REDEEMED>                     (2022)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           26688
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      (1743)
<GROSS-ADVISORY-FEES>                              672
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1179
<AVERAGE-NET-ASSETS>                            190563
<PER-SHARE-NAV-BEGIN>                             6.89
<PER-SHARE-NII>                                 (0.03)
<PER-SHARE-GAIN-APPREC>                           1.74
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               8.60
<EXPENSE-RATIO>                                   1.22
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 012
   <NAME> PHOENIX EQUITY OPPORTUNITIES FUND CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                           181866
<INVESTMENTS-AT-VALUE>                          191653
<RECEIVABLES>                                      745
<ASSETS-OTHER>                                       3
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  192401
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          457
<TOTAL-LIABILITIES>                                457
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        147548
<SHARES-COMMON-STOCK>                              221
<SHARES-COMMON-PRIOR>                              246
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           (766)
<ACCUMULATED-NET-GAINS>                          35375
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          9787
<NET-ASSETS>                                    191944
<DIVIDEND-INCOME>                                  286
<INTEREST-INCOME>                                  127
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (1179)
<NET-INVESTMENT-INCOME>                          (766)
<REALIZED-GAINS-CURRENT>                         37118
<APPREC-INCREASE-CURRENT>                         3954
<NET-CHANGE-FROM-OPS>                            40306
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                             20
<NUMBER-OF-SHARES-REDEEMED>                       (45)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                             194
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      (1743)
<GROSS-ADVISORY-FEES>                              672
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1179
<AVERAGE-NET-ASSETS>                            190563
<PER-SHARE-NAV-BEGIN>                             6.77
<PER-SHARE-NII>                                 (0.07)
<PER-SHARE-GAIN-APPREC>                           1.72
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                               8.42
<EXPENSE-RATIO>                                   1.97
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 021
   <NAME> PHOENIX STRATEGIC THEME FUND CLASS A
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                           140251
<INVESTMENTS-AT-VALUE>                          147599
<RECEIVABLES>                                    10120
<ASSETS-OTHER>                                      12
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  157731
<PAYABLE-FOR-SECURITIES>                           342
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          390
<TOTAL-LIABILITIES>                                732
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        126073
<SHARES-COMMON-STOCK>                             6402
<SHARES-COMMON-PRIOR>                             6468
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           (477)
<ACCUMULATED-NET-GAINS>                          24055
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          7348
<NET-ASSETS>                                    156999
<DIVIDEND-INCOME>                                  298
<INTEREST-INCOME>                                  435
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (1208)
<NET-INVESTMENT-INCOME>                          (475)
<REALIZED-GAINS-CURRENT>                         25116
<APPREC-INCREASE-CURRENT>                         5128
<NET-CHANGE-FROM-OPS>                            29769
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          202
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            599
<NUMBER-OF-SHARES-REDEEMED>                      (679)
<SHARES-REINVESTED>                                 14
<NET-CHANGE-IN-ASSETS>                           17323
<ACCUMULATED-NII-PRIOR>                            200
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      (1062)
<GROSS-ADVISORY-FEES>                              567
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1208
<AVERAGE-NET-ASSETS>                            149850
<PER-SHARE-NAV-BEGIN>                            12.03
<PER-SHARE-NII>                                 (0.02)
<PER-SHARE-GAIN-APPREC>                           2.88
<PER-SHARE-DIVIDEND>                            (0.03)
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              14.86
<EXPENSE-RATIO>                                   1.30
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<SERIES>
   <NUMBER> 022
   <NAME> PHOENIX STRATEGIC THEME FUND CLASS B
<MULTIPLIER> 1000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          APR-30-1998
<PERIOD-START>                             MAY-01-1997
<PERIOD-END>                               OCT-31-1997
<INVESTMENTS-AT-COST>                           140251
<INVESTMENTS-AT-VALUE>                          147599
<RECEIVABLES>                                    10120
<ASSETS-OTHER>                                      12
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  157731
<PAYABLE-FOR-SECURITIES>                           342
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          390
<TOTAL-LIABILITIES>                                732
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        126073
<SHARES-COMMON-STOCK>                             4209
<SHARES-COMMON-PRIOR>                             4184
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                           (477)
<ACCUMULATED-NET-GAINS>                          24055
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          7348
<NET-ASSETS>                                    156999
<DIVIDEND-INCOME>                                  298
<INTEREST-INCOME>                                  435
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                  (1208)
<NET-INVESTMENT-INCOME>                          (475)
<REALIZED-GAINS-CURRENT>                         25116
<APPREC-INCREASE-CURRENT>                         5128
<NET-CHANGE-FROM-OPS>                            29769
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            349
<NUMBER-OF-SHARES-REDEEMED>                      (324)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           12006
<ACCUMULATED-NII-PRIOR>                            200
<ACCUMULATED-GAINS-PRIOR>                            0
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                      (1062)
<GROSS-ADVISORY-FEES>                              567
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                   1208
<AVERAGE-NET-ASSETS>                            149850
<PER-SHARE-NAV-BEGIN>                            11.91
<PER-SHARE-NII>                                 (0.08)
<PER-SHARE-GAIN-APPREC>                           2.86
<PER-SHARE-DIVIDEND>                              0.00
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              14.69
<EXPENSE-RATIO>                                   2.05
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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