Chambers Joins Phoenix Investment Partners As South Central Region Investment Consultant.

HARTFORD, Conn. -- Daniel R. Chambers of Ft. Worth, TX has joined Phoenix Investment Partners, Ltd., the investment management subsidiary of The Phoenix Companies, Inc. (NYSE: PNX), as senior vice president and regional investment consultant for the south central states.

In this position, Chambers provide dedicated sales and service support to financial advisors at broker-dealer firms that sell Phoenix's individual investment products, primarily mutual funds and separately managed accounts. His territory comprises Texas, Oklahoma, Louisiana, and Arkansas.

He reports to David N. Wadley, senior vice president and national sales director of Phoenix Investment Partners' wholesaling operation, who previously held this position.

"Dan is well recognized throughout the region for partnering with financial advisors to provide the right investment choices for their clients," Wadley said. "A key focus of Phoenix's growth strategy is broadening our relationships with financial advisors and Dan's understanding of the local market will help us be even more successful in this region."

Chambers joins Phoenix from John Hancock Funds, where he was sales first vice president responsible for wholesaling and marketing the company's mutual funds, managed money services, closed end funds and college funding plans to wirehouses and regional broker-dealers in North Texas and Oklahoma.

Previously he was senior regional wholesaler at INVESCO, and earlier regional vice president at Seligman Advisors Inc. Chambers has been in the investment industry for nearly a decade since joining Van Kampen Funds as a regional vice president, responsible for marketing and wholesaling the company's mutual funds.

He graduated from Western Illinois University with a degree in business and finance, and attended the Columbia University Graduate School of Business Sales Management Program.

PhoenixFunds(SM), a family of 65 funds managed by 16 different wholly-owned asset managers and independent subadvisers, has a diverse mix of asset allocation, equity, international, fixed income and money market funds. In addition to core investment strategies, Phoenix is known for specialized expertise in alternative investments, such as its innovative new offering, The Phoenix Diversifier, a blend of alternative investments. The company's emphasis on quality and choice gives individuals, businesses and institutions access to products that fit their financial goals.

With roots dating to 1851, The Phoenix Companies, Inc. (NYSE:PNX) helps individuals and institutions solve their often highly complex personal financial and business planning needs through its broad array of life insurance, annuities and investments. The company's products and services reflect deep insights into the wants and needs of consumers and financial professionals gleaned from research, including its Phoenix Wealth Survey, conducted annually since 1999. Phoenix has been recognized for its people-friendly programs by Working Mother magazine, the National Association of Female Executives and The Princeton Review. In 2005, Phoenix had annual revenues of $2.6 billion and total assets of $27.7 billion. For more information, visit www.PhoenixWealthManagement.com.

Securities are distributed by Phoenix Equity Planning Corporation, a subsidiary of Phoenix Investment Partners, Ltd., a member of The Phoenix Companies, Inc.

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. Read the prospectus carefully before you invest. Call 1-800-243-4361 or visit www.PhoenixFunds.com for a prospectus, which contains this and other information about our funds.