<PAGE> PAGE 1
000 A000000 10/31/97
000 C000000 0000796299
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 PHOENIX STRATEGIC EQUITY SERIES FUND
001 B000000 811-4727
001 C000000 8604036144
002 A000000 101 MUNSON STREET
002 B000000 GREENFIELD
002 C000000 MA
002 D010000 01301
002 D020000 0000
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 3
007 C010100 1
007 C020100 PHOENIX EQUITY OPPORTUNITIES FUND
007 C030100 N
007 C010200 2
007 C020200 PHOENIX STRATEGIC THEME FUND
007 C030200 N
007 C010300 3
007 C020300 PHOENIX SMALL CAP FUND
007 C030300 N
007 C010400 4
007 C010500 5
007 C010600 6
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
010 A00AA01 PHOENIX EQUITY PLANNING CORP.
010 B00AA01 84-5491
010 C01AA01 ENFIELD
010 C02AA01 CT
010 C03AA01 06083
010 C04AA01 2200
011 A00AA01 PHOENIX EQUITY PLANNING CORP.
011 B00AA01 8-45491
011 C01AA01 ENFIELD
011 C02AA01 CT
011 C03AA01 06083
011 C04AA01 2200
<PAGE> PAGE 2
012 A00AA01 PHOENIX EQUITY PLANNING CORP.
012 B00AA01 84-5491
012 C01AA01 ENFIELD
012 C02AA01 CT
012 C03AA01 06083
012 C04AA01 2200
013 A00AA01 PRICE WATERHOUSE LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02110
014 A00AA01 PHOENIX EQUITY PLANNING CORP.
014 B00AA01 8-14100
015 A00AA01 STATE STREET BANK AND TRUST CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02101
015 E01AA01 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 43
019 C00AA00 PHOENIX-DP
020 A000001 INSTINET
020 B000001 13-3443395
020 C000001 166
020 A000002 COUNTY/NATWEST C/T
020 B000002 NA
020 C000002 124
020 A000003 WEEDEN
020 B000003 133364318
020 C000003 101
020 A000004 ALEX BROWN & SONS, INC.
020 B000004 52-0256630
020 C000004 86
020 A000005 LEHMAN BROTHERS
020 B000005 NA
020 C000005 85
020 A000006 MORGAN STANLEY
020 B000006 13-2655998
020 C000006 70
020 A000007 PAINE WEBBER
020 B000007 13-2638166
020 C000007 67
020 A000008 J.P. MORGAN SECURITIES
020 B000008 13-3224016
020 C000008 58
020 A000009 GOLDMAN SACHS
020 B000009 13-5108880
020 C000009 56
020 A000010 MONTGOMERY SECURITIES
020 B000010 NA
<PAGE> PAGE 3
020 C000010 54
021 000000 1810
022 A000001 GOLDMAN SACHS
022 B000001 13-5108880
022 C000001 888806
022 D000001 223328
022 A000002 MERRILL LYNCH, PIERCE, FENNER & SMITH
022 B000002 13-5674085
022 C000002 204614
022 D000002 49829
022 A000003 FIRST BOSTON
022 B000003 13-5659485
022 C000003 183708
022 D000003 42300
022 A000004 BANK OF AMERICA
022 B000004 94-1687665
022 C000004 156259
022 D000004 56412
022 A000005 ZION FIRST BANK
022 B000005 NA
022 C000005 132381
022 D000005 18763
022 A000006 HAMBRECHT & QUIST
022 B000006 94-2856935
022 C000006 79142
022 D000006 70651
022 A000007 ALEX BROWN & SONS, INC.
022 B000007 52-0256630
022 C000007 89189
022 D000007 54572
022 A000008 BEAR STEARNS
022 B000008 13-3299429
022 C000008 56040
022 D000008 63458
022 A000009 DONALDSON, LUFKIN & JENRETTE CORP.
022 B000009 13-2741729
022 C000009 48889
022 D000009 55974
022 A000010 MONTGOMERY SECURITIES
022 B000010 NA
022 C000010 47804
022 D000010 55284
023 C000000 2616875
023 D000000 1084199
024 00AA00 N
025 D00AA01 0
025 D00AA02 0
025 D00AA03 0
025 D00AA04 0
025 D00AA05 0
025 D00AA06 0
<PAGE> PAGE 4
025 D00AA07 0
025 D00AA08 0
026 A000000 Y
026 B000000 Y
026 C000000 Y
026 D000000 Y
026 E000000 N
026 F000000 N
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 Y
030 A00AA00 640
030 B00AA00 4.75
030 C00AA00 0.00
031 A00AA00 70
031 B00AA00 0
032 00AA00 570
033 00AA00 0
034 00AA00 Y
035 00AA00 455
036 A00AA00 N
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 Y
041 00AA00 Y
042 A00AA00 0
042 B00AA00 0
042 C00AA00 65
042 D00AA00 35
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 1556
044 00AA00 0
054 A00AA00 Y
054 B00AA00 N
054 C00AA00 N
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 N
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 Y
<PAGE> PAGE 5
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
055 A00AA00 N
055 B00AA00 N
056 00AA00 Y
057 00AA00 N
058 A00AA00 N
058 B00AA00 N
058 C00AA00 N
058 D00AA00 N
058 E00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 500
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 Y
066 B00AA00 N
066 C00AA00 Y
066 D00AA00 N
066 E00AA00 N
066 F00AA00 N
066 G00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 Y
077 Q010000 Y
078 000000 N
008 A000101 NATIONAL SECURITIES & RESEARCH CORP.
<PAGE> PAGE 6
008 B000101 A
008 C000101 801-8177
008 D010101 HARTFORD
008 D020101 CT
008 D030101 06115
008 D040101 0480
028 A010100 771
028 A020100 0
028 A030100 0
028 A040100 2896
028 B010100 779
028 B020100 0
028 B030100 0
028 B040100 2976
028 C010100 1337
028 C020100 0
028 C030100 0
028 C040100 3858
028 D010100 202
028 D020100 0
028 D030100 0
028 D040100 2444
028 E010100 72
028 E020100 0
028 E030100 0
028 E040100 2657
028 F010100 274
028 F020100 0
028 F030100 0
028 F040100 2028
028 G010100 3435
028 G020100 0
028 G030100 0
028 G040100 16859
028 H000100 498
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.000
048 A010100 1000000
048 A020100 0.700
048 B010100 1000000
048 B020100 0.650
048 C010100 1000000
048 C020100 0.600
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
<PAGE> PAGE 7
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
049 000100 N
050 000100 N
051 000100 N
052 000100 N
053 A000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 N
070 C010100 Y
070 C020100 N
070 D010100 Y
070 D020100 Y
070 E010100 Y
070 E020100 N
070 F010100 Y
070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 Y
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 N
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
<PAGE> PAGE 8
071 A000100 424481
071 B000100 441749
071 C000100 185245
071 D000100 229
072 A000100 6
072 B000100 127
072 C000100 286
072 D000100 0
072 E000100 0
072 F000100 672
072 G000100 50
072 H000100 0
072 I000100 128
072 J000100 14
072 K000100 0
072 L000100 9
072 M000100 11
072 N000100 18
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 24
072 S000100 1
072 T000100 247
072 U000100 0
072 V000100 0
072 W000100 5
072 X000100 1179
072 Y000100 0
072 Z000100 -766
072AA000100 37118
072BB000100 0
072CC010100 3954
072CC020100 0
072DD010100 0
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 3
074 B000100 0
074 C000100 10325
074 D000100 0
074 E000100 0
074 F000100 181328
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 710
<PAGE> PAGE 9
074 K000100 0
074 L000100 35
074 M000100 0
074 N000100 192401
074 O000100 0
074 P000100 224
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 233
074 S000100 0
074 T000100 191944
074 U010100 22110
074 U020100 221
074 V010100 8.60
074 V020100 8.42
074 W000100 0.0000
074 X000100 10774
074 Y000100 0
075 A000100 0
075 B000100 190563
076 000100 0.00
008 A000201 PHOENIX INVESTMENT COUNSEL, INC.
008 B000201 A
008 C000201 801-5995
008 D010201 HARTFORD
008 D020201 CT
008 D030201 06115
008 D040201 0480
028 A010200 1545
028 A020200 0
028 A030200 0
028 A040200 1628
028 B010200 1412
028 B020200 191
028 B030200 0
028 B040200 3540
028 C010200 2530
028 C020200 0
028 C030200 0
028 C040200 2571
028 D010200 2147
028 D020200 0
028 D030200 0
028 D040200 2011
028 E010200 2571
028 E020200 0
028 E030200 0
028 E040200 2112
028 F010200 3493
<PAGE> PAGE 10
028 F020200 0
028 F030200 0
028 F040200 2265
028 G010200 13698
028 G020200 191
028 G030200 0
028 G040200 14127
028 H000200 4853
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 1000000
048 A020200 0.750
048 B010200 1000000
048 B020200 0.700
048 C010200 1000000
048 C020200 0.650
048 D010200 0
048 D020200 0.000
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 0
048 K020200 0.000
049 000200 N
050 000200 N
051 000200 N
052 000200 N
053 A000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 Y
070 C010200 Y
070 C020200 N
070 D010200 Y
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 Y
070 F020200 N
<PAGE> PAGE 11
070 G010200 Y
070 G020200 N
070 H010200 Y
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200 436527
071 B000200 449355
071 C000200 129494
071 D000200 337
072 A000200 6
072 B000200 435
072 C000200 298
072 D000200 0
072 E000200 0
072 F000200 567
072 G000200 41
072 H000200 0
072 I000200 111
072 J000200 12
072 K000200 0
072 L000200 15
072 M000200 11
072 N000200 23
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 11
072 S000200 1
072 T000200 412
072 U000200 0
072 V000200 0
072 W000200 4
<PAGE> PAGE 12
072 X000200 1208
072 Y000200 0
072 Z000200 -475
072AA000200 25116
072BB000200 0
072CC010200 5128
072CC020200 0
072DD010200 202
072DD020200 0
072EE000200 0
073 A010200 0.0300
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 12
074 B000200 0
074 C000200 33122
074 D000200 0
074 E000200 0
074 F000200 114477
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 9822
074 K000200 0
074 L000200 298
074 M000200 0
074 N000200 157731
074 O000200 342
074 P000200 214
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 176
074 S000200 0
074 T000200 156999
074 U010200 6402
074 U020200 4209
074 V010200 14.86
074 V020200 14.69
074 W000200 0.0000
074 X000200 10570
074 Y000200 0
075 A000200 0
075 B000200 149850
076 000200 0.00
008 A000301 PHOENIX INVESTMENT COUNSEL, INC.
008 B000301 A
008 C000301 801-5995
008 D010301 HARTFORD
<PAGE> PAGE 13
008 D020301 CT
008 D030301 06115
008 D040301 0480
028 A010300 9039
028 A020300 0
028 A030300 0
028 A040300 5492
028 B010300 6816
028 B020300 0
028 B030300 0
028 B040300 8808
028 C010300 11586
028 C020300 0
028 C030300 0
028 C040300 11643
028 D010300 8056
028 D020300 0
028 D030300 0
028 D040300 9241
028 E010300 13348
028 E020300 0
028 E030300 0
028 E040300 8122
028 F010300 12899
028 F020300 0
028 F030300 0
028 F040300 10080
028 G010300 61744
028 G020300 0
028 G030300 0
028 G040300 53386
028 H000300 15539
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 1000000
048 A020300 0.750
048 B010300 1000000
048 B020300 0.700
048 C010300 1000000
048 C020300 0.650
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
<PAGE> PAGE 14
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
049 000300 N
050 000300 N
051 000300 N
052 000300 N
053 A000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 Y
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 759131
071 B000300 816618
071 C000300 285763
<PAGE> PAGE 15
071 D000300 266
072 A000300 6
072 B000300 725
072 C000300 269
072 D000300 0
072 E000300 0
072 F000300 1235
072 G000300 75
072 H000300 0
072 I000300 355
072 J000300 19
072 K000300 0
072 L000300 23
072 M000300 11
072 N000300 25
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 14
072 S000300 3
072 T000300 897
072 U000300 0
072 V000300 0
072 W000300 16
072 X000300 2673
072 Y000300 0
072 Z000300 -1679
072AA000300 86186
072BB000300 0
072CC010300 20250
072CC020300 0
072DD010300 0
072DD020300 0
072EE000300 0
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 1
074 B000300 0
074 C000300 101682
074 D000300 0
074 E000300 0
074 F000300 248920
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 18360
074 K000300 0
074 L000300 1085
074 M000300 0
<PAGE> PAGE 16
074 N000300 370048
074 O000300 3167
074 P000300 532
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 497
074 S000300 0
074 T000300 365852
074 U010300 10882
074 U020300 7490
074 V010300 20.03
074 V020300 19.74
074 W000300 0.0000
074 X000300 31871
074 Y000300 0
075 A000300 0
075 B000300 326626
076 000300 0.00
SIGNATURE JACKIE PORTER
TITLE ASSISTANT TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 031
<NAME> PHOENIX SMALL CAP 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> 332355
<INVESTMENTS-AT-VALUE> 350602
<RECEIVABLES> 19445
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 370048
<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> 10882
<SHARES-COMMON-PRIOR> 10973
<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
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2163
<NUMBER-OF-SHARES-REDEEMED> (2254)
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 62899
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> (25445)
<GROSS-ADVISORY-FEES> 1235
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2673
<AVERAGE-NET-ASSETS> 326626
<PER-SHARE-NAV-BEGIN> 14.13
<PER-SHARE-NII> (0.07)
<PER-SHARE-GAIN-APPREC> 5.97
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.00
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 20.03
<EXPENSE-RATIO> 1.33
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<SERIES>
<NUMBER> 032
<NAME> PHOENIX SMALL CAP 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> 332355
<INVESTMENTS-AT-VALUE> 350602
<RECEIVABLES> 19445
<ASSETS-OTHER> 1
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 370048
<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
<DISTRIBUTIONS-OF-GAINS> 0
<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)
<GROSS-ADVISORY-FEES> 1235
<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>