Virtus Duff & Phelps Global Infrastructure Fund (the “Fund”),
a series of
Supplement dated March 1, 2024, to the
Summary Prospectus and the Virtus Opportunities Trust
Statutory Prospectus pertaining to the Fund, each dated
Important Notice to Investors
Effective March 1, 2024, Rodney C. Clayton, CFA is added as portfolio manager of the Fund.
The disclosure under “Portfolio Management” in the Fund’s summary prospectus and in the summary section of the Fund’s statutory prospectus is hereby replaced in its entirety with the following:
> | Rodney C. Clayton, CFA, Managing Director and Portfolio Manager of Duff & Phelps. Mr. Clayton has served as a Portfolio Manager of the fund since March 2024. |
> | Connie M. Luecke, CFA, Senior Managing Director of Duff & Phelps. Ms. Luecke has served as a Portfolio Manager of the fund since inception in 2004. |
> | Steven Wittwer, CFA, CPA, Executive Managing Director, Senior Portfolio Manager and Head of Infrastructure Group of Duff & Phelps. Mr. Wittwer has served as Portfolio Manager of the fund since September 2018. |
The row for the Fund in the table under “Duff & Phelps” beginning on page 109 of the Fund’s statutory prospectus is hereby replaced with the following:
Virtus Duff & Phelps Global Infrastructure Fund | Rodney
C. Clayton, CFA (since March 2024) Connie M. Luecke, CFA (since the fund’s inception in 2004) Steven Wittwer, CFA, CPA (since September 2018) |
In the narrative under the referenced table with respect to the Duff & Phelps portfolio managers, the biography of Mr. Clayton is hereby inserted:
Rodney C. Clayton, CFA. Mr. Clayton serves as Managing Director and Portfolio Manager for Energy Infrastructure at Duff & Phelps. Prior to joining Duff & Phelps in April 2016, Mr. Clayton was a senior manager due diligence analyst at UBS Financial Services, focusing on MLP and equity income strategies (2013 to 2016); and served as an equity research analyst at J.P. Morgan Securities covering the Exploration & Production, Engineering & Construction, and Environmental Services industries (2004 to 2013).
Investors should retain this supplement with the Prospectuses for future reference.
VOT 8020 DPIM Global Infrastructure Fund PM Addition (3/2024)
a series of Virtus Opportunities Trust
Supplement dated March 1, 2024 to the Summary
Prospectus
and the Virtus Opportunities Trust Statutory
Prospectus pertaining to the Fund, each dated January 29, 2024, as supplemented
Important Notice to Investors
The table showing Average Annual Total Returns in the “Performance Information” section of the Fund’s summary prospectus and the summary section of the statutory prospectus applicable to the Fund, is hereby replaced in its entirety with the following:
1 Year | 5 Years | 10 Years | Since Inception Class R6 ( | |
Class I | ||||
— | ||||
— | ||||
— | ||||
Class A | ||||
- | — | |||
Class C | ||||
— | ||||
Class R6 | ||||
— | — | | ||
|
Investors should retain this supplement with the Prospectuses for future reference.
VOT 8020/DPIM Real Asset Performance Reclass (03/2024)
a series of Virtus Opportunities Trust
Supplement dated March 1, 2024 to the Fund’s
Summary Prospectus
and the Virtus Opportunities Trust Statutory
Prospectus pertaining to the Fund,
each dated January 29, 2024, as supplemented
IMPORTANT NOTICE TO INVESTORS
Effective
Under “Fees and Expenses” in the Fund’s summary prospectus and the summary section of the statutory prospectus, the “Shareholder Fees” and “Annual Fund Operating Expenses” tables and associated footnotes will be replaced with the following:
Class A | Class C | Class I | Class R6 | ||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | |||||
Maximum Deferred Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | |||||
a percentage of the value of your investment) | Class A | Class C | Class I | Class R6 | |
Management Fees | |||||
Distribution and Shareholder Servicing (12b-1) Fees | |||||
Other Expenses | |||||
Total Annual Fund Operating Expenses | |||||
Less: Fee Waiver and/or Expense Reimbursement(b) | ( | ( | ( | ( | |
Total Annual Fund Operating Expenses After Expense Reimbursement(b) |
(a) | |
(b) |
Under “Fees and Expenses,” the “Example” table will be replaced with the following:
Share Status | 1 Year | 3 Years | 5 Years | 10 Years | |
Class A | $ | $ | $ | $ | |
Class C | Sold | $ | $ | $ | $ |
Held | $ | $ | $ | $ | |
Class I | Sold or Held | $ | $ | $ | $ |
Class R6 | Sold or Held | $ | $ | $ | $ |
In the first table in the section “More Information About Fund Expenses” on page 73 of the statutory prospectus, the row corresponding to the Fund will be replaced with the following and a new footnote will be added after the table:
Class A Shares | Class C Shares | Class C1 Shares | Class I Shares | Class R6 Shares | |
Virtus Newfleet Core Plus Bond Fund(*) | 0.70% | 1.45% | N/A | 0.45% | 0.41% |
(*) | Contractual through March 1, 2025. |
Investors should retain this supplement with the Prospectus for future reference.
VOT 8020 Newfleet Core Plus Bond Expense Cap Reduction (3/2024)
Virtus Duff & Phelps Global Infrastructure Fund (the “Fund”),
a series of Virtus Opportunities Trust
Supplement dated March 1, 2024, to the
Virtus Opportunities Trust
Statement of Additional Information (“SAI”)
applicable to the Fund, dated January 29, 2024, as supplemented
Important Notice to Investors
Effective March 1, 2024, Rodney C. Clayton, CFA is added as portfolio manager of the Fund.
The disclosure in the table under “Portfolio Managers” beginning on page 103 of the SAI is hereby amended by replacing the row for the Fund with the following information:
Global Infrastructure Fund | Rodney
C. Clayton Connie M. Luecke Steven Wittwer |
The disclosure in the “Other Accounts Managed (No Performance-Based Fees)” table beginning on page 104 of the SAI is hereby amended by adding a row showing the information for Mr. Clayton and an associated footnote:
Registered
Investment Companies |
Other
Pooled Investment Vehicles |
Other Accounts | ||||||
Portfolio
Manager |
Number
of Accounts |
Total Assets | Number
of Accounts |
Total Assets | Number
of Accounts |
Total Assets | ||
Rodney C. Clayton(3) | 1 | $30.9 million | 0 | N/A | 0 | N/A |
(3) As of January 31, 2024. Mr. Clayton became Portfolio Manager of the Global Infrastructure Fund effective March 1, 2024.
The disclosure in the table under “Portfolio Manager Fund Ownership” beginning on page 106 of the SAI is hereby amended by adding a row for Mr. Clayton to reflect the following information and an associated footnote:
Portfolio |
Fund | Dollar
Range of Equity Securities Beneficially Owned in Fund Managed |
Dollar
Value of Financial Exposure Through Similar Strategies |
Rodney C. Clayton(3) | Global Infrastructure Fund | $1 - $10,000 | None |
(3) As of January 31, 2024. Mr. Clayton became Portfolio Manager of the Global Infrastructure Fund effective March 1, 2024.
Investors should retain this supplement with the SAI for future reference.
VOT 8020B DPIM Global Infrastructure Fund PM Addition (3/2024)
Virtus Newfleet Core Plus Bond Fund (the “Fund”),
a series of Virtus Opportunities Trust
Supplement dated March 1, 2024 to the Statement
of Additional Information (“SAI”)
pertaining to the Fund dated January 29,
2024, as supplemented
IMPORTANT NOTICE TO INVESTORS
Effective March 1, 2024, the Fund’s investment adviser, Virtus Investment Advisers, Inc., will implement new expense limitation arrangements to further limit the Fund’s expenses. The resulting changes to the Fund’s SAI are as follows:.
In the table on page 92 of the Fund’s SAI, the row corresponding to the Fund will be replaced with the following:
Fund | Class A | Class C | Class C1 | Class I | Class R6 |
Core Plus Bond Fund(*) | 0.70% | 1.45% | N/A | 0.45% | 0.41% |
(*) | Contractual through March 1, 2025. |
Investors should retain this supplement with the SAI for future reference.
VOT 8020B Newfleet Core Plus Bond Expense Cap Reduction (3/2024)
Document and Entity Information |
Total |
---|---|
Prospectus: | |
Document Type | 497 |
Document Period End Date | Sep. 30, 2023 |
Entity Registrant Name | Virtus Opportunities Trust |
Entity Central Index Key | 0001005020 |
Entity Inv Company Type | N-1A |
Amendment Flag | false |
Document Creation Date | Mar. 01, 2024 |
Document Effective Date | Mar. 01, 2024 |
Prospectus Date | Jan. 29, 2024 |
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Virtus Duff & Phelps Real Asset Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Virtus Duff & Phelps Real Asset Fund | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Virtus Duff & Phelps Real Asset Fund (the “Fund”), a series of Virtus Opportunities Trust
Supplement dated March 1, 2024 to the Summary
Prospectus | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
The table showing Average Annual Total Returns in the “Performance Information” section of the Fund’s summary prospectus and the summary section of the statutory prospectus applicable to the Fund, is hereby replaced in its entirety with the following: | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Investors should retain this supplement with the Prospectuses for future reference. |
Label | Element | Value |
---|---|---|
Virtus Duff & Phelps Real Asset Fund | ||
Risk/Return: | rr_RiskReturnAbstract | |
Supplement to Prospectus [Text Block] | rr_SupplementToProspectusTextBlock | Virtus Duff & Phelps Real Asset Fund (the “Fund”), a series of Virtus Opportunities Trust
Supplement dated March 1, 2024 to the Summary
Prospectus |
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus Duff & Phelps Real Asset Fund |
Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The table showing Average Annual Total Returns in the “Performance Information” section of the Fund’s summary prospectus and the summary section of the statutory prospectus applicable to the Fund, is hereby replaced in its 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 | Investors should retain this supplement with the Prospectuses for future reference. |
Virtus Duff & Phelps Real Asset Fund | MSCI All Country World Index (net) (reflects no deduction for fees, expenses or taxes) | ||
Risk/Return: | rr_RiskReturnAbstract | |
Label | rr_AverageAnnualReturnLabel | MSCI All Country World Index (net) (reflects no deduction for fees, expenses or taxes) |
1 Year | rr_AverageAnnualReturnYear01 | 22.20% |
5 Years | rr_AverageAnnualReturnYear05 | 11.72% |
10 Years | rr_AverageAnnualReturnYear10 | 7.92% |
Since Inception | rr_AverageAnnualReturnSinceInception | 2.54% |
Virtus Duff & Phelps Real Asset Fund | Class A | ||
Risk/Return: | rr_RiskReturnAbstract | |
Label | rr_AverageAnnualReturnLabel | Return Before Taxes |
1 Year | rr_AverageAnnualReturnYear01 | (1.01%) |
5 Years | rr_AverageAnnualReturnYear05 | 5.72% |
10 Years | rr_AverageAnnualReturnYear10 | 2.76% |
Virtus Duff & Phelps Real Asset Fund | Class C | ||
Risk/Return: | rr_RiskReturnAbstract | |
Label | rr_AverageAnnualReturnLabel | Return Before Taxes |
1 Year | rr_AverageAnnualReturnYear01 | 3.91% |
5 Years | rr_AverageAnnualReturnYear05 | 6.08% |
10 Years | rr_AverageAnnualReturnYear10 | 2.55% |
Virtus Duff & Phelps Real Asset Fund | Class I | ||
Risk/Return: | rr_RiskReturnAbstract | |
Label | rr_AverageAnnualReturnLabel | Return Before Taxes |
1 Year | rr_AverageAnnualReturnYear01 | 4.95% |
5 Years | rr_AverageAnnualReturnYear05 | 7.19% |
10 Years | rr_AverageAnnualReturnYear10 | 3.60% |
Virtus Duff & Phelps Real Asset Fund | Class I | After Taxes on Distributions | ||
Risk/Return: | rr_RiskReturnAbstract | |
Label | rr_AverageAnnualReturnLabel | Return After Taxes on Distributions |
1 Year | rr_AverageAnnualReturnYear01 | 4.26% |
5 Years | rr_AverageAnnualReturnYear05 | 6.69% |
10 Years | rr_AverageAnnualReturnYear10 | 3.09% |
Virtus Duff & Phelps Real Asset 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 | 3.22% |
5 Years | rr_AverageAnnualReturnYear05 | 5.54% |
10 Years | rr_AverageAnnualReturnYear10 | 2.70% |
Virtus Duff & Phelps Real Asset Fund | Class R6 | ||
Risk/Return: | rr_RiskReturnAbstract | |
Label | rr_AverageAnnualReturnLabel | Return Before Taxes |
1 Year | rr_AverageAnnualReturnYear01 | 5.03% |
Since Inception | rr_AverageAnnualReturnSinceInception | 1.51% |
Inception Date | rr_AverageAnnualReturnInceptionDate | Jan. 31, 2022 |
Total | ||||||||||||||||||||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Virtus Newfleet Core Plus Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||
Virtus Newfleet Core Plus Bond Fund | ||||||||||||||||||||||||||||||||||||||||||||
Virtus Newfleet Core Plus Bond Fund (the “Fund”), a series of Virtus Opportunities Trust
Supplement dated March 1, 2024 to the Fund’s
Summary Prospectus | ||||||||||||||||||||||||||||||||||||||||||||
Effective March 1, 2024, the Fund’s investment adviser, Virtus Investment Advisers, Inc., will implement new expense limitation arrangements to further limit the Fund’s expenses. The resulting changes to the Fund’s prospectus are as follows:
Under “Fees and Expenses” in the Fund’s summary prospectus and the summary section of the statutory prospectus, the “Shareholder Fees” and “Annual Fund Operating Expenses” tables and associated footnotes will be replaced with the following: | ||||||||||||||||||||||||||||||||||||||||||||
Shareholder Fees (fees paid directly from your investment) | ||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | ||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||
Under “Fees and Expenses,” the “Example” table will be replaced with the following: | ||||||||||||||||||||||||||||||||||||||||||||
Sold | ||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||
Held | ||||||||||||||||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||||||||||||||||
Investors should retain this supplement with the Prospectus for future reference. |
Label | Element | Value | ||||
---|---|---|---|---|---|---|
Virtus Newfleet Core Plus Bond Fund | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Supplement to Prospectus [Text Block] | rr_SupplementToProspectusTextBlock | Virtus Newfleet Core Plus Bond Fund (the “Fund”), a series of Virtus Opportunities Trust
Supplement dated March 1, 2024 to the Fund’s
Summary Prospectus |
||||
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus Newfleet Core Plus Bond Fund | ||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | Effective March 1, 2024, the Fund’s investment adviser, Virtus Investment Advisers, Inc., will implement new expense limitation arrangements to further limit the Fund’s expenses. The resulting changes to the Fund’s prospectus are as follows:
Under “Fees and Expenses” in the Fund’s summary prospectus and the summary section of the statutory prospectus, the “Shareholder Fees” and “Annual Fund Operating Expenses” tables and associated footnotes will be replaced with the following: |
||||
Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder Fees (fees paid directly from your investment) | ||||
Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | ||||
Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | Mar. 01, 2024 | ||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | Under “Fees and Expenses,” the “Example” table will be replaced with the following: |
||||
Expense Example by, Year, Caption [Text] | rr_ExpenseExampleByYearCaption | Sold | ||||
Expense Example, No Redemption, By Year, Caption [Text] | rr_ExpenseExampleNoRedemptionByYearCaption | Held | ||||
Expense Example Closing [Text Block] | rr_ExpenseExampleClosingTextBlock | Investors should retain this supplement with the Prospectus for future reference. |
||||
Virtus Newfleet Core Plus Bond Fund | CLASS A | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 3.75% | ||||
Maximum Deferred Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||
Other Expenses | rr_Component3OtherExpensesOverAssets | 0.40% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.10% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.40%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 0.70% | [1] | |||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 444 | ||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 673 | ||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 921 | ||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,630 | ||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 444 | ||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 673 | ||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 921 | ||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,630 | ||||
Virtus Newfleet Core Plus Bond Fund | CLASS C | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOfferingPrice | 1.00% | [2] | |||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||
Other Expenses | rr_Component3OtherExpensesOverAssets | 0.42% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.87% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.42%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.45% | [1] | |||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | The deferred sales charge is imposed on Class C Shares redeemed during the first year only. | ||||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 248 | ||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 547 | ||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 972 | ||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 2,156 | ||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 148 | ||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 547 | ||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 972 | ||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,156 | ||||
Virtus Newfleet Core Plus Bond Fund | CLASS I | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_Component3OtherExpensesOverAssets | 0.39% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.84% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.39%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 0.45% | [1] | |||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 46 | ||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 229 | ||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 428 | ||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 1,001 | ||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 46 | ||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 229 | ||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 428 | ||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,001 | ||||
Virtus Newfleet Core Plus Bond Fund | Class R6 | ||||||
Risk/Return: | rr_RiskReturnAbstract | |||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||
Maximum Deferred Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOfferingPrice | none | ||||
Management Fees | rr_ManagementFeesOverAssets | 0.45% | ||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||
Other Expenses | rr_Component3OtherExpensesOverAssets | 0.29% | ||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.74% | ||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.33%) | [1] | |||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 0.41% | [1] | |||
Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 42 | ||||
Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 203 | ||||
Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 379 | ||||
Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | 887 | ||||
Expense Example, No Redemption, 1 Year | rr_ExpenseExampleNoRedemptionYear01 | 42 | ||||
Expense Example, No Redemption, 3 Years | rr_ExpenseExampleNoRedemptionYear03 | 203 | ||||
Expense Example, No Redemption, 5 Years | rr_ExpenseExampleNoRedemptionYear05 | 379 | ||||
Expense Example, No Redemption, 10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 887 | ||||
|
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