EX-99.1


                        Amendment to Declaration of Trust









                                    Exhibit 1

                        Amendment to Declaration of Trust









                          THE PHOENIX EDGE SERIES FUND

                CERTIFICATE OF AMENDMENT TO DECLARATION OF TRUST

         THIS AMENDMENT, effective as of the 25th of October 2002, does hereby
amend that certain Declaration of Trust dated February 18, 1986, as amended (the
"Declaration") as follows:

                               W I T N E S S E T H

         WHEREAS, Article VII, Section 7.2 of the Declaration permits the
Trustees to amend the Declaration subject to the requisite vote of the Majority
of the Outstanding Voting Securities of each Series;

         WHEREAS, on October 25, 2002 all shares of the Phoenix-Federated
U.S. Government Bond Series held in the Account were redeemed at net asset value
and the proceeds were used to purchase shares of the Federated Fund for U.S.
Securities II;

         WHEREAS, as a result of the substitution, the Phoenix-Federated U.S.
Government Bond Series is no longer available for investment; and

         WHEREAS, the undersigned Trustee, acting herein individually and
pursuant to the Delegation and Power of Attorney dated August 9, 2002, attached
hereto and made a part hereof, and in accordance with Article VII, Section 7.4
of the Declaration, does hereby intend to effect the foregoing modifications in
accordance with Article VII, Section 7.3 of the Declaration.

         NOW, THEREFORE, Article IV, Section 4.2, is hereby deleted and the
following is inserted in lieu thereof:

                  SECTION 4.2  ESTABLISHMENT AND DESIGNATION OF SHARES.


                            "Without limiting the authority of the Trustees set
                  forth in Section 4.1 to establish and designate any further
                  Series, the Series as more particularly described in the
                  Trust's registration statement as most recently filed with the
                  Securities and Exchange Commission are hereby established and
                  designated."


         Except as hereinbefore and hereinabove modified, the Declaration shall
be, and remain unamended and in full force and effect.


         IN WITNESS WHEREOF, I have hereunto set my hand this 25th day of
October 2002.


                                            /s/ Simon Y. Tan
                                            ------------------------------------
                                            Simon Y. Tan, individually and as
                                            attorney-in-fact for Michael J.
                                            Gilotti, Frank M. Ellmer, John A.
                                            Fabian, Roger A. Gelfenbien, Eunice
                                            S. Groark, Frank E. Grzelecki, John
                                            R. Mallin and Timothy P. Shriver