Exhibit 16

                                POWER OF ATTORNEY



                                POWER OF ATTORNEY


         I, the undersigned member of the Board of Trustees of the Phoenix
Equity Trust, hereby constitute and appoint George R. Aylward, Tracy L. Rich and
Kevin J. Carr, or any of them as my true and lawful attorneys and agents with
full power to sign for me in the capacity indicated below, on any or all
Registration Statements, amendments thereto, including without limitation a
Registration Statement on Form N-14, and such other filings as may be
appropriate, with the Securities and Exchange Commission under the Securities
Act of 1933 and/or the Investment Company Act of 1940 relating to the merger of
Phoenix Value Equity Fund into the Phoenix Value Opportunities Fund and hereby
ratify and confirm my signature as it may be signed by said attorneys and
agents.

         I hereby declare that a photostatic, xerographic or other similar copy
of this original instrument shall be as effective as the original.

         IN WITNESS WHEREOF, this 7th day of June, 2007.

   /s/ E. Virgil Conway                  /s/ Harry Dalzell-Payne
   --------------------                  -----------------------
   E. Virgil Conway, Trustee             Harry Dalzell-Payne, Trustee


   /s/ George R. Aylward                 /s/ Francis E. Jeffries
   ----------------------                -----------------------
   George R. Aylward, Trustee            Francis E. Jeffries, Trustee



   ------------------------              -----------------------
   Dr. Leroy Keith, Jr., Trustee         Marilyn E. LaMarche, Trustee


                                         /s/ Geraldine M. McNamara
   -------------------------             -------------------------
   Philip R. McLoughlin, Trustee         Geraldine M. McNamara, Trustee


   /s/ James M. Oates
   ------------------                    -----------------------
   James M. Oates, Trustee               Richard E. Segerson, Trustee



   ---------------------------
   Ferdinand L.J. Verdonck, Trustee