EX-99.3 6 dex993.htm MINIMUM AMOUNT OF BOND WORKSHEET

Minimum Amount of Bond Worksheet

Minimum Amount of Required Bond		EXHIBIT 3
VIRTUS MUTUAL FUNDS
August 31, 2008

Fund		Trust Size		Req. Bond Current
Phoenix Equity Trust		3,101,466,577		2,100,000
Phoenix Insight Funds Trust		7,002,978,800		2,500,000	*
Phoenix Institutional Mutual		81,728,530		450,000
Phoenix Opportunities Trust		5,912,266,332		2,500,000	*
Duff & Phelps Utility and Corporate Bond Trust, Inc.		504,476,695		900,000
DNP Select Income Fund, Inc.		3,251,059,243		2,100,000
DTF Tax Free Income, Inc.		197,476,586		600,000
The Zweig Fund, Inc.		451,820,673		750,000
The Zweig Total Return Fund, Inc.		526,385,962		900,000
TOTAL		21,029,659,397		12,800,000

* Maximum Required Bond is $2.5 Million