Phoenix Multi-Portfolio Fund
Supplement dated December 15, 1998 to
Statement of Additional Information dated March 27, 1998
The disclosure contained in the Statement of Additional Information
dated March 27, 1998 under the heading "The Investment Advisers" on page 23 is
supplemented as follows:
The following is inserted as the new fourth paragraph:
Phoenix Investment Partners, Ltd. (formerly Phoenix Duff &
Phelps Corporation) is the 10th largest publicly traded investment
company in the nation, and has served investors for over 70 years. It
manages approximately $50 billion in assets through its seven
investment partners: Aberdeen Fund Managers, Inc. (Aberdeen) in
Aberdeen, London, Singapore and Fort Lauderdale; Duff & Phelps
Investment Management Co. (Duff & Phelps) in Chicago and Cleveland;
Roger Engemann & Associates, Inc. (Engemann) in Pasadena; Seneca
Capital Management LLC (Seneca) in San Francisco; and Phoenix
Investment Counsel, Inc. (Goodwin, Hollister, and Oakhurst divisions)
in Hartford, Sarasota, and Scotts Valley, CA, respectively.
Investors should retain this supplement with the Statement of
Additional Information for future reference.
PDP 468P (12/98)
