Exhibit d.3
PHOENIX-SENECA FUNDS
INVESTMENT SUBADVISORY AGREEMENT
AMENDMENT
PHOENIX-SENECA FUNDS
INVESTMENT SUBADVISORY AGREEMENT
AMENDMENT
THIS AMENDMENT made effective as of the 1st day of July, 1998 by and
between SENECA CAPITAL MANAGEMENT, LLC, a California limited liability company
having an office and principal place of business located at 000 Xxxxxxxxxx
Xxxxxx, Xxx Xxxxxxxxx, Xxxxxxxxxx 00000 (the "Sub-Adviser") and PHOENIX
INVESTMENT COUNSEL, INC., a Massachusetts corporation having an office and
principal place of business located at 00 Xxxxxxxx Xxxxxx, Xxxxxxxx, Xxxxxxxxxxx
00000 (the "Adviser"), for the purpose of amending the INVESTMENT SUBADVISORY
AGREEMENT of the same date between the Sub-Adviser and the Adviser (the
"Subadvisory Agreement") in order to correct a typographical error in such
Subadvisory Agreement.
WITNESSETH THAT:
The Sub-Adviser and the Adviser hereby acknowledge that the Subadvisory
Agreement contains a typographical error in that it states that the monthly
subadvisory fee for the Phoenix-Seneca Real Estate Securities Fund is 0.375%
when, in fact, the monthly fee for such Fund is and at all times has been
0.425%. Accordingly, in order to conform the Subadvisory Agreement to the
agreement between the Sub-Adviser and the Adviser, the Subadvisory Agreement is
hereby amended to reflect that the monthly subadvisory fee with respect to the
Phoenix-Seneca Real Estate Securities Fund is 0.425%.
IN WITNESS WEHREOF, the parties hereto have caused this Amendment to be
executed by their duly authorized officers to be effective as of the day and
year first written above.
SENECA CAPITAL MANAGEMENT, LLC
/s/Xxxx X. Seneca
----------------------------
Xxxx X. Seneca, President
Date:
PHOENIX INVESTMENT COUNSEL, INC.
/s/ Xxxxxxx X. Xxxxxx
--------------------------------
Xxxxxxx X. Xxxxxx, President
Date:
