Considering the importance of possible-world semantics for modal logic and for current debates in the philosophy of modality, a phenomenologist may want to ask whether it makes sense to speak of “possible worlds” in phenomenology. The answer will depend on how "possible worlds" are to be interpreted. As that latter question is the subject of the debate about possibilism and actualism in contemporary modal metaphysics, my aim in this paper is to get a better grip on the former question by exploring a Husserlian stance towards this debate. I will argue that the phenomenologist’s way to deal with the problem of intentional reference to mere possibilia is analogous to the actualist’s idea of how “possible worlds” are to be interpreted. Nevertheless, I will be pointing to a decisive difference in the metaphilosophical preconditions of what I call "phenomenological actualism" and analytical versions of actualism.