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Label Element Value
Virtus Seix Tax-Exempt Bond Fund  
Risk/Return: rr_RiskReturnAbstract  
Supplement to Prospectus [Text Block] rr_SupplementToProspectusTextBlock

Virtus Seix Tax-Exempt Bond Fund (the “Fund”),

a series of Virtus Opportunities Trust

 

Supplement dated November 9, 2023, to the Summary and Statutory Prospectuses for the Fund listed above, each dated January 27, 2023, as supplemented

 

Important Notice to Investors

Risk/Return [Heading] rr_RiskReturnHeading Virtus Seix Tax-Exempt Bond Fund
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock

The table showing Average Annual Total Returns and the paragraph immediately after the table in the “Performance Information” section of the Fund’s summary prospectus and the summary section of the statutory prospectus applicable to the Fund, are hereby replaced in their entirety with the following:

Index No Deduction for Fees, Expenses, Taxes [Text] rr_IndexNoDeductionForFeesExpensesTaxes (reflects no deduction for fees, expenses or taxes)
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock

Effective February 1, 2021, the ICE BofA 1-22 Year U.S. Municipal Securities Index is the Fund’s style-specific benchmark. The ICE BofA 1–22 Year U.S. Municipal Securities Index is a subset of the ICE BofA U.S. Municipal Securities Index including all securities with a remaining term to final maturity less than 22 years, calculated on a total return basis. The Bloomberg U.S. Aggregate Bond Index, which is the Fund’s broad-based benchmark, measures the U.S. investment grade fixed rate bond market. The indexes are calculated on a total return basis, are unmanaged, and are not available for direct investment.

 

 

Investors should retain this supplement with the Prospectuses and SAI for future reference.

Virtus Seix Tax-Exempt Bond Fund | Bloomberg U.S. Aggregate Bond Index  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel ICE BofA 1-22 Year U.S. Municipal Securities Index (reflects no deduction for fees, expenses or taxes)
1 Year rr_AverageAnnualReturnYear01 (13.01%)
5 Years rr_AverageAnnualReturnYear05 0.02%
10 Years rr_AverageAnnualReturnYear10 1.06%
Virtus Seix Tax-Exempt Bond Fund | ICE BofA 1-22 Year U.S. Municipal Securities Index (reflects no deduction for fees, expenses or taxes)  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Bloomberg U.S. Aggregate Bond Index
1 Year rr_AverageAnnualReturnYear01 (6.74%)
5 Years rr_AverageAnnualReturnYear05 1.39%
10 Years rr_AverageAnnualReturnYear10 2.05%
Virtus Seix Tax-Exempt Bond Fund | Class I  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 (7.76%)
5 Years rr_AverageAnnualReturnYear05 1.00%
10 Years rr_AverageAnnualReturnYear10 1.67%
Virtus Seix Tax-Exempt Bond Fund | Class I | After Taxes on Distributions  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions
1 Year rr_AverageAnnualReturnYear01 (7.76%)
5 Years rr_AverageAnnualReturnYear05 0.91%
10 Years rr_AverageAnnualReturnYear10 1.61%
Virtus Seix Tax-Exempt Bond Fund | Class I | After Taxes on Distributions and Sale of Fund Shares  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Return After Taxes on Distributions and Sale of Fund Shares
1 Year rr_AverageAnnualReturnYear01 (3.64%)
5 Years rr_AverageAnnualReturnYear05 1.38%
10 Years rr_AverageAnnualReturnYear10 1.92%
Virtus Seix Tax-Exempt Bond Fund | Class A  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 (10.52%)
5 Years rr_AverageAnnualReturnYear05 0.18%
10 Years rr_AverageAnnualReturnYear10 1.13%
Virtus Seix Tax-Exempt Bond Fund | Class C  
Risk/Return: rr_RiskReturnAbstract  
Label rr_AverageAnnualReturnLabel Return Before Taxes
1 Year rr_AverageAnnualReturnYear01 (8.68%)
5 Years rr_AverageAnnualReturnYear05 (0.01%)
10 Years rr_AverageAnnualReturnYear10 0.65%