Notice of Effectiveness

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Notice of Effectiveness
Effectiveness Date:	July 9, 2007 11:15 A.M.

Form:

N-14

CIK:

Company Name:

PHOENIX EQUITY TRUST

File Number:

SERIES/CLASSES (CONTRACTS) MERGERS

CIK
	Series ID
		Class/Contract	Name
Acquiring:
0000034273			PHOENIX EQUITY TRUST
	S000001386		PHOENIX PATHFINDER FUND
		C000003700	CLASS A
Target:
0001045018			PHOENIX INVESTMENT TRUST 97
	S000001383		PHOENIX VALUE EQUITY FUND
		C000003692	CLASS A

CIK
	Series ID
		Class/Contract	Name
Acquiring:
0000034273			PHOENIX EQUITY TRUST
	S000001386		PHOENIX PATHFINDER FUND
		C000003701	CLASS C
Target:
0001045018			PHOENIX INVESTMENT TRUST 97
	S000001383		PHOENIX VALUE EQUITY FUND
		C000003694	CLASS C