This paper addresses the title question and provides an argument for the conclusion that so-called phenomenal intentionality, in both its relational and non-relational construals, cannot be identified with intentionality meant as the property for a mental state to be about something. A main premise of the argument presented in support of that conclusion is that a necessary requirement for a property to be identified with intentionality is that it satisfy the features taken to be definitory of it, namely: the possible (...) non-existence of the intentional object and aspectuality. By taking this premise on board, I attempt to show that phenomenal intentionality cannot be identified with intentionality because, appearances notwithstanding, it ultimately satisfies neither of the two above mentioned features. (shrink)