<PAGE> PAGE 1
000 A000000 06/30/99
000 C000000 0000836412
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000 J000000 A
001 A000000 THE ZWEIG TOTAL RETURN FUND, INC.
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002 A000000 900 THIRD AVENUE
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002 C000000 NY
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002 D020000 4728
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012 A000001 STATE STREET BANK AND TRUST COMPANY
012 B000001 85-5003
012 C010001 BOSTON
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<PAGE> PAGE 2
013 A000001 PRICEWATERHOUSECOOPERS LLP
013 B010001 NEW YORK
013 B020001 NY
013 B030001 10036
014 A000001 ZWEIG SECURITIES CORP.
014 B000001 8-40035
014 A000002 WATERMARK SECURITIES, INC.
014 B000002 8-43902
015 A000001 THE BANK OF NEW YORK
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020 C000001 73
020 A000002 ZWEIG SECURITIES CORP.
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020 A000003 PRUDENTIAL SECURITIES, INC.
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020 A000004 DEUTSCHE MORGAN GRENFELL
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<PAGE> PAGE 3
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022 C000004 278195
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022 C000007 7104
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022 B000008 95-2622900
022 C000008 0
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022 C000009 0
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022 A000010 CANTOR FITZGERALD SECURITIES
022 B000010 13-3680187
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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SIGNATURE ALFRED J. RATCLIFFE
TITLE FIRST VICE PRESIDENT
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000836412
<NAME> THE ZWEIG TOTAL RETURN FUND, INC.
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> JUN-30-1999
<PERIOD-END> JUN-30-1999
<INVESTMENTS-AT-COST> 709,663
<INVESTMENTS-AT-VALUE> 732,226
<RECEIVABLES> 8,189
<ASSETS-OTHER> 2,122
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<TOTAL-LIABILITIES> 4,510
<SENIOR-EQUITY> 0
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<EXPENSES-NET> 3,577
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<REALIZED-GAINS-CURRENT> 21,752
<APPREC-INCREASE-CURRENT> (22,462)
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<SHARES-REINVESTED> 857
<NET-CHANGE-IN-ASSETS> (19,186)
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<GROSS-ADVISORY-FEES> 2,577
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<GROSS-EXPENSE> 3,577
<AVERAGE-NET-ASSETS> 742,307
<PER-SHARE-NAV-BEGIN> 8.43
<PER-SHARE-NII> 0.14
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</TABLE>
FORM N-SAR
Registrant Name: PHOENIX-EUCLID FUNDS
File Number: 811-08631
Registrant CIK Number: 0001054424
Response pursuant to Item 77C:
A Special Meeting of Shareholders of Euclid Mutual Funds - Euclid Market
Neutral Fund - Class A, Class B, Class C and Class I Shares (the "Fund")
was held on February 25, 1999 to consider and act upon a new investment
management agreement with Euclid Advisors LLC, the election of Trustees,
and the ratification of PricewaterhouseCoopers LLP as independent accountants
for the current fiscal year.
FOR AGAINST
New Investment Management Agreement 116,706,336 1,292,397
Election of Trustees
James Balog 117,769,542 0
Claire B. Benenson 117,755,155 0
S. Leland Dill 117,796,689 0
Eugene J. Glaser 117,868,690 0
Donald B. Romans 117,868,690 0
Ratify the Selection of Independent Accountants 119,666,352 290,883