Phoenix Strategic Equity Series Fund
Phoenix Equity Opportunities Series and Phoenix Small Cap Series
Supplement dated November 2, 1998 to Prospectus dated August 28, 1998
At a meeting held on October 27, 1998, the shareholders of the Equity
Opportunities Series of Phoenix Strategic Equity Series Fund voted to approve
the retention of Seneca Capital Management LLC as subadviser to the Equity
Opportunities Series.
Also at that meeting, the shareholders of the Small Cap Series of
Phoenix Strategic Equity Series Fund voted to approve the retention of Roger
Engemann & Associates, Inc. as subadviser to the Small Cap Series.
Please refer to the Prospectus dated August 28, 1998 for a description
of the subadvisory arrangements.
Investors should retain this supplement with their prospectus for
future reference.
PDP 690EO/SC (11/98)
