PHOENIX-GOODWIN MULTI-SECTOR FIXED INCOME FUND, INC.
Supplement dated March 17, 2000 to
Prospectus dated February 28, 2000
Effective April 3, 2000, the reduced sales charges payable on investments
over certain amounts and the dealer discounts applicable to Class A Shares have
changed. These changes do not affect shareholders' existing investments in the
funds. However, any future investments in Class A Shares on or after April 3,
2000, including amounts invested under an automatic investment plan, will be
subject to the revised sales charge schedule. The maximum sales charge payable
on Class A Shares of the Phoenix-Goodwin Multi-Sector Fixed Income Fund, Inc
remains at 4.75%. The prospectus is hereby amended as described below.
The table under the heading "Sales Charges: Sales charge you may pay to purchase
Class A Shares" on page 18 of the current prospectus is replaced in its entirety
by the following:
PHOENIX-GOODWIN MULTI-SECTOR FIXED INCOME FUND
<TABLE>
<CAPTION>
SALES CHARGES AS A PERCENTAGE OF
--------------------------------
AMOUNT OF TRANSACTION AT OFFERING PRICE OFFERING PRICE NET AMOUNT INVESTED
- --------------------------------------- -------------- -------------------
<S> <C> <C>
Under $50,000 4.75% 4.99%
$50,000 but under $100,000 4.50% 4.71%
$100,000 but under $250,000 3.50% 3.63%
$250,000 but under $500,000 2.75% 2.83%
$500,000 but under $1,000,000 2.00% 2.04%
$1,000,000 or more None None
</TABLE>
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE PROSPECTUS FOR
FUTURE REFERENCE.
PXP 694/SC (3/00)
<PAGE>
PHOENIX-GOODWIN MULTI-SECTOR FIXED INCOME FUND, INC.
Supplement dated March 17, 2000 to
Statement of Additional Information dated February 28, 2000
Effective April 3, 2000, the reduced sales charges payable on investments
over certain amounts and the dealer discounts applicable to Class A Shares have
changed. These changes do not affect shareholders' existing investments in the
funds. However, any future investments in Class A Shares on or after April 3,
2000, including amounts invested under an automatic investment plan, will be
subject to the revised sales charge schedule. The maximum sales charge payable
on Class A Shares of the Phoenix-Goodwin Multi-Sector Fixed Income Fund, Inc.
remains at 4.75%. The Statement of Additional Information is hereby amended as
described below.
The table under the heading "Dealer Concessions" on page 20 of the current
Statement of Additional Information is replaced in its entirety by the
following:
<TABLE>
<CAPTION>
SALES CHARGES AS A PERCENTAGE OF DEALER DISCOUNT AS A PERCENTAGE
-------------------------------- -------------------------------
AMOUNT OF TRANSACTION AT OFFERING PRICE OFFERING PRICE NET AMOUNT INVESTED OF OFFERING PRICE
- --------------------------------------- -------------- ------------------- -----------------
<S> <C> <C> <C>
Under $50,000 4.75% 4.99% 4.25%
$50,000 but under $100,000 4.50% 4.71% 4.00%
$100,000 but under $250,000 3.50% 3.63% 3.00%
$250,000 but under $500,000 2.75% 2.83% 2.25%
$500,000 but under $1,000,000 2.00% 2.04% 1.75%
$1,000,000 or more None None None
</TABLE>
INVESTORS SHOULD RETAIN THIS SUPPLEMENT WITH THE STATEMENT OF
ADDITIONAL INFORMATION FOR FUTURE REFERENCE.
PXP 695B/SC (3/00)
