Phi meson electroproduction at small Bjorken-x

It is reported on an analysis of Phi-meson electroproduction at small Bjorken-x within the handbag approach. The amplitudes factorize into generalized parton distributions and a partonic subprocess, electroproduction off gluons. Cross sections and spin density matrix elements are evaluated for Phi-meson electroproduction and found to be in fair agreement with recent HERA data.