XML 15 R11.htm IDEA: XBRL DOCUMENT v2.4.0.6
Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Registrant Name dei_EntityRegistrantName VIRTUS OPPORTUNITIES TRUST
Prospectus Date rr_ProspectusDate Jan. 31, 2012
VIRTUS ALPHASECTOR ROTATION FUND | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice 5.75%
Maximum Deferred Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) rr_MaximumDeferredSalesChargeOverOther none
Management Fees rr_ManagementFeesOverAssets 0.45%
Distribution and Shareholder Servicing (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 0.25%
Other Expenses rr_OtherExpensesOverAssets 0.34%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.07% [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.11% [2]
Less: Fee Waiver rr_FeeWaiverOrReimbursementOverAssets   
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 1.11% [2]
1 Year rr_ExpenseExampleYear01 682
3 Years rr_ExpenseExampleYear03 908
5 Years rr_ExpenseExampleYear05 1,151
10 Years rr_ExpenseExampleYear10 1,849
1 Year rr_ExpenseExampleNoRedemptionYear01 682
3 Years rr_ExpenseExampleNoRedemptionYear03 908
5 Years rr_ExpenseExampleNoRedemptionYear05 1,151
10 Years rr_ExpenseExampleNoRedemptionYear10 1,849
Annual Return 2004 rr_AnnualReturn2004 10.26%
Annual Return 2005 rr_AnnualReturn2005 3.65%
Annual Return 2006 rr_AnnualReturn2006 13.37%
Annual Return 2007 rr_AnnualReturn2007 7.42%
Annual Return 2008 rr_AnnualReturn2008 (32.27%)
Annual Return 2009 rr_AnnualReturn2009 23.89%
Annual Return 2010 rr_AnnualReturn2010 13.85%
Annual Return 2011 rr_AnnualReturn2011 1.58%
Highest Quarterly Return, Label rr_HighestQuarterlyReturnLabel Best Quarter:
Highest Quarterly Return, Date rr_BarChartHighestQuarterlyReturnDate Jun. 30, 2009
Highest Quarterly Return rr_BarChartHighestQuarterlyReturn 14.28%
Lowest Quarterly Return, Label rr_LowestQuarterlyReturnLabel Worst Quarter:
Lowest Quarterly Return, Date rr_BarChartLowestQuarterlyReturnDate Dec. 31, 2008
Lowest Quarterly Return rr_BarChartLowestQuarterlyReturn (17.03%)
Highest Quarterly Return, Label, Supplemental Performance Information cik0001005020_HighestQuarterlyReturnLabelSupplementalPerformanceInformation Best Quarter
Highest Quarterly Return, Date, Supplemental Performance Information cik0001005020_HighestQuarterlyReturnDateSupplementalPerformanceInformation Sep. 30, 2010
Highest Quarterly Return, Supplemental Performance Information cik0001005020_HighestQuarterlyReturnSupplementalPerformanceInformation 13.11
Lowest Quarterly Return, Label, Supplemental Performance Information cik0001005020_LowestQuarterlyReturnLabelSupplementalPerformanceInformation Worst Quarter
Lowest Quarterly Return, Date, Supplemental Performance Information cik0001005020_LowestQuarterlyReturnDateSupplementalPerformanceInformation Jun. 30, 2010
Lowest Quarterly Return, Supplemental Performance Information cik0001005020_LowestQuarterlyReturnSupplementalPerformanceInformation (12.53)
1 Year rr_AverageAnnualReturnYear01 (4.26%)
5 Years rr_AverageAnnualReturnYear05 (0.35%)
Since Inception rr_AverageAnnualReturnSinceInception 4.00%
Since 9/29/2009 cik0001005020_Since9292009 6.11% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 01, 2003
VIRTUS ALPHASECTOR ROTATION FUND | Class A | Return After Taxes on Distributions
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (4.67%)
5 Years rr_AverageAnnualReturnYear05 (0.99%)
Since Inception rr_AverageAnnualReturnSinceInception 3.28%
VIRTUS ALPHASECTOR ROTATION FUND | Class A | Return After Taxes on Distributions and Sale of Fund Shares
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 (2.21%)
5 Years rr_AverageAnnualReturnYear05 (0.44%)
Since Inception rr_AverageAnnualReturnSinceInception 3.25%
VIRTUS ALPHASECTOR ROTATION FUND | Class A | S&P 500 Index (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
Since Inception rr_AverageAnnualReturnSinceInception 5.10%
VIRTUS ALPHASECTOR ROTATION FUND | Class A | AlphaSector Rotation Linked Benchmark (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
Since Inception rr_AverageAnnualReturnSinceInception 5.57%
VIRTUS ALPHASECTOR ROTATION 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_MaximumDeferredSalesChargeOverOther 1.00% [4]
Management Fees rr_ManagementFeesOverAssets 0.45%
Distribution and Shareholder Servicing (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets 1.00%
Other Expenses rr_OtherExpensesOverAssets 0.34%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.07% [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 1.86% [2]
Less: Fee Waiver rr_FeeWaiverOrReimbursementOverAssets (0.02%)
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 1.84% [2]
1 Year rr_ExpenseExampleYear01 287
3 Years rr_ExpenseExampleYear03 579
5 Years rr_ExpenseExampleYear05 995
10 Years rr_ExpenseExampleYear10 2,159
1 Year rr_ExpenseExampleNoRedemptionYear01 187
3 Years rr_ExpenseExampleNoRedemptionYear03 579
5 Years rr_ExpenseExampleNoRedemptionYear05 995
10 Years rr_ExpenseExampleNoRedemptionYear10 2,159
1 Year rr_AverageAnnualReturnYear01 0.92%
5 Years rr_AverageAnnualReturnYear05 0.10%
Since Inception rr_AverageAnnualReturnSinceInception 3.97%
Since 9/29/2009 cik0001005020_Since9292009 8.18% [3]
Inception Date rr_AverageAnnualReturnInceptionDate Aug. 01, 2003
VIRTUS ALPHASECTOR ROTATION FUND | Class C | S&P 500 Index (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
Since Inception rr_AverageAnnualReturnSinceInception 5.10%
VIRTUS ALPHASECTOR ROTATION FUND | Class C | AlphaSector Rotation Linked Benchmark (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
Since Inception rr_AverageAnnualReturnSinceInception 5.57%
VIRTUS ALPHASECTOR ROTATION 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_MaximumDeferredSalesChargeOverOther none
Management Fees rr_ManagementFeesOverAssets 0.45%
Distribution and Shareholder Servicing (12b-1) Fees rr_DistributionAndService12b1FeesOverAssets none
Other Expenses rr_OtherExpensesOverAssets 0.34%
Acquired Fund Fees and Expenses rr_AcquiredFundFeesAndExpensesOverAssets 0.07% [1]
Total Annual Fund Operating Expenses rr_ExpensesOverAssets 0.86% [2]
Less: Fee Waiver rr_FeeWaiverOrReimbursementOverAssets   
Total Annual Fund Operating Expenses After Fee Waiver rr_NetExpensesOverAssets 0.86% [2]
1 Year rr_ExpenseExampleYear01 88
3 Years rr_ExpenseExampleYear03 274
5 Years rr_ExpenseExampleYear05 477
10 Years rr_ExpenseExampleYear10 1,061
1 Year rr_ExpenseExampleNoRedemptionYear01 88
3 Years rr_ExpenseExampleNoRedemptionYear03 274
5 Years rr_ExpenseExampleNoRedemptionYear05 477
10 Years rr_ExpenseExampleNoRedemptionYear10 1,061
1 Year rr_AverageAnnualReturnYear01 1.75%
5 Years rr_AverageAnnualReturnYear05   
Since Inception rr_AverageAnnualReturnSinceInception 10.85%
Since 10/1/2009 cik0001005020_Since1012009 10.85%
Inception Date rr_AverageAnnualReturnInceptionDate Oct. 01, 2009
VIRTUS ALPHASECTOR ROTATION FUND | Class I | S&P 500 Index (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
Since Inception rr_AverageAnnualReturnSinceInception 11.57%
VIRTUS ALPHASECTOR ROTATION FUND | Class I | AlphaSector Rotation Linked Benchmark (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
Since Inception rr_AverageAnnualReturnSinceInception 11.57%
VIRTUS ALPHASECTOR ROTATION FUND
 
Risk/Return: rr_RiskReturnAbstract  
Risk/Return [Heading] rr_RiskReturnHeading
Objective [Heading] rr_ObjectiveHeading
Objective, Primary [Text Block] rr_ObjectivePrimaryTextBlock
Expense [Heading] rr_ExpenseHeading
Expense Narrative [Text Block] rr_ExpenseNarrativeTextBlock
Shareholder Fees Caption [Text] rr_ShareholderFeesCaption
Operating Expenses Caption [Text] rr_OperatingExpensesCaption
Portfolio Turnover [Heading] rr_PortfolioTurnoverHeading
Portfolio Turnover [Text Block] rr_PortfolioTurnoverTextBlock
Portfolio Turnover, Rate rr_PortfolioTurnoverRate 134.00%
Expense Footnotes [Text Block] rr_ExpenseFootnotesTextBlock
Expense Breakpoint Discounts [Text] rr_ExpenseBreakpointDiscounts You may qualify for sales charge discounts if you and your family invest, or agree to invest in the future, at least $50,000 in Virtus Mutual Funds.
Expense Breakpoint, Minimum Investment Required [Amount] rr_ExpenseBreakpointMinimumInvestmentRequiredAmount 50,000
Expenses Restated to Reflect Current [Text] rr_ExpensesRestatedToReflectCurrent Restated to reflect current expenses
Expenses Not Correlated to Ratio Due to Acquired Fund Fees [Text] rr_ExpensesNotCorrelatedToRatioDueToAcquiredFundFees The Total Annual Fund Operating Expenses do not correlate to the ratio of expense to average net assets appearing in the Financial Highlights tables, which tables reflect only the operating expenses of the fund and do not include acquired fund fees and expenses
Expense Example [Heading] rr_ExpenseExampleHeading
Expense Example Narrative [Text Block] rr_ExpenseExampleNarrativeTextBlock
Strategy [Heading] rr_StrategyHeading
Strategy Narrative [Text Block] rr_StrategyNarrativeTextBlock
Risk [Heading] rr_RiskHeading
Risk Narrative [Text Block] rr_RiskNarrativeTextBlock
Risk Lose Money [Text] rr_RiskLoseMoney If between the time you purchase shares and the time you sell shares the value of the fund's investments decreases, you will lose money.
Bar Chart and Performance Table [Heading] rr_BarChartAndPerformanceTableHeading
Performance Narrative [Text Block] rr_PerformanceNarrativeTextBlock
Performance Information Illustrates Variability of Returns [Text] rr_PerformanceInformationIllustratesVariabilityOfReturns The bar chart shows changes in the fund's performance from year to year over the life of the fund. The table shows how the fund's average annual returns compare to those of a broad-based securities market index and a composite benchmark.
Performance Availability Phone [Text] rr_PerformanceAvailabilityPhone 800-243-1574
Performance Availability Website Address [Text] rr_PerformanceAvailabilityWebSiteAddress virtus.com
Performance Past Does Not Indicate Future [Text] rr_PerformancePastDoesNotIndicateFuture The fund's past performance, before and after taxes, is not necessarily an indication of how the fund will perform in the future.
Bar Chart [Heading] rr_BarChartHeading
Bar Chart Narrative [Text Block] rr_BarChartNarrativeTextBlock
Bar Chart Does Not Reflect Sales Loads [Text] rr_BarChartDoesNotReflectSalesLoads
Bar Chart Closing [Text Block] rr_BarChartClosingTextBlock
Performance Table Heading rr_PerformanceTableHeading
Performance Table Uses Highest Federal Rate rr_PerformanceTableUsesHighestFederalRate After-tax returns are calculated using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. 
Performance Table Not Relevant to Tax Deferred rr_PerformanceTableNotRelevantToTaxDeferred Actual after-tax returns depend on the investor's tax situation and may differ from those shown. After-tax returns are not relevant to investors who hold fund shares in tax-deferred accounts or to shares held by non-taxable entities.
Performance Table One Class of after Tax Shown [Text] rr_PerformanceTableOneClassOfAfterTaxShown After-tax returns are shown only for Class A Shares; after-tax returns for other classes will vary.
Performance Table Explanation after Tax Higher rr_PerformanceTableExplanationAfterTaxHigher In certain cases, the Return After Taxes on Distributions and Sale of Fund Shares for a period may be higher than other return figures for the same period. This will occur when a capital loss is realized upon the sale of fund shares and provides an assumed tax benefit that increases the return.
Performance Table Narrative rr_PerformanceTableNarrativeTextBlock
Performance Table Closing [Text Block] rr_PerformanceTableClosingTextBlock
Bar Chart and Performance Table Supplemental Performance Information [Heading] cik0001005020_BarChartAndPerformanceTableSupplementalPerformanceInformationHeading
Performance Narrative Supplemental Performance Information [Text Block] cik0001005020_PerformanceNarrativeSupplementalPerformanceInformationTextBlock
Bar Chart Supplemental Performance Information [Heading] cik0001005020_BarChartSupplementalPerformanceInformationHeading
Bar Chart Narrative Supplemental Performance Information [Text Block] cik0001005020_BarChartNarrativeSupplementalPerformanceInformationTextBlock
Bar Chart Closing Supplemental Performance Information [Text Block] cik0001005020_BarChartClosingSupplementalPerformanceInformationTextBlock
Performance Table Supplemental Performance Information Heading cik0001005020_PerformanceTableSupplementalPerformanceInformationHeading
Performance Table Supplemental Performance Information Narrative cik0001005020_PerformanceTableSupplementalPerformanceInformationNarrative
VIRTUS ALPHASECTOR ROTATION FUND | S&P 500 Index (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 (0.25%)
Since 9/29/2009 cik0001005020_Since9292009 10.10% [3]
Since 10/1/2009 cik0001005020_Since1012009 11.57%
VIRTUS ALPHASECTOR ROTATION FUND | AlphaSector Rotation Linked Benchmark (reflects no deduction for fees, expenses or taxes)
 
Risk/Return: rr_RiskReturnAbstract  
1 Year rr_AverageAnnualReturnYear01 2.11%
5 Years rr_AverageAnnualReturnYear05 1.62%
[1] The Total Annual Fund Operating Expenses do not correlate to the ratio of expense to average net assets appearing in the Financial Highlights tables, which tables reflect only the operating expenses of the fund and do not include acquired fund fees and expenses.
[2] Restated to reflect current expenses.
[3] F-Squared began managing the fund on September 29, 2009.
[4] The deferred sales charge is imposed on Class C Shares redeemed during the first year only.