SUB-ITEM 77M:	Mergers

(a)	Phoenix CA Tax-Exempt Bond Fund, formerly a standalone
trust; Phoenix Core Bond Fund, formerly a series of Phoenix
Series Fund; Phoenix Diversifier PHOLIO, formerly a series of
Phoenix PHOLIOs(SM); Phoenix Emerging Markets Bond Fund, formerly
a series of Phoenix Multi-Portfolio Fund; Phoenix Foreign
Opportunities Fund, formerly a series of Phoenix Adviser Trust;
Phoenix Global Utilities Fund, formerly a series of Phoenix
Investment Series Fund; Phoenix High Yield Fund, formerly a
series of Phoenix Series Fund; Phoenix International Strategies
Fund, formerly a series of Phoenix Multi-Portfolio Fund; Phoenix
Market Neutral Fund, formerly a series of Phoenix Portfolios;
Phoenix Money Market Fund, formerly a series of Phoenix Series
Fund; Phoenix Multi-Sector Fixed Income Fund, formerly a series
of Phoenix Multi-Series Trust; Phoenix Multi-Sector Short Term
Bond Fund, formerly a series of Phoenix Multi-Series Trust;
Phoenix Real Estate Securities Fund, formerly a series of
Phoenix Multi-Portfolio Fund; Phoenix Wealth Accumulator PHOLIO,
formerly a series of Phoenix PHOLIOs(SM); Phoenix Wealth Builder
PHOLIO, formerly a series of Phoenix PHOLIOs(SM); Phoenix Wealth
Guardian PHOLIO, formerly a series of Phoenix PHOLIOs(SM) and
Phoenix Worldwide Strategies Fund, formerly a series of Phoenix
Equity Trust (Each, a "Fund").

(b)	On May 31, 2007, the Board of Trustees approved the tax-
free reorganization of each of the above-referenced Funds into
an identical counterpart fund having the same name in Phoenix
Opportunities Trust.  The reorganization occurred in two phases.
Phase one of the reorganization took place on June 27, 2007 and
involved:  Phoenix CA Tax-Exempt Bond Fund; Phoenix Core Bond
Fund; Phoenix Emerging Markets Bond Fund; Phoenix Global
Utilities Fund; Phoenix High Yield Fund; Phoenix Market Neutral
Fund; Phoenix Money Market Fund; Phoenix Multi-Sector Fixed
Income Fund; Phoenix Multi-Sector Short Term Bond Fund and
Phoenix Real Estate Securities Fund.  Phase two of the
reorganization took place on September 24, 2007 and involved:
Phoenix Diversifier PHOLIO; Phoenix Foreign Opportunities Fund;
Phoenix International Strategies PHOLIO; Phoenix Wealth
Accumulator; Phoenix Wealth Builder PHOLIO; Phoenix Wealth
Guardian PHOLIO; Phoenix Worldwide Opportunities Fund.  These
reorganizations were conducted in order to consolidate the
number of trusts within the Phoenix Funds family.