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Label Element Value
Risk/Return: rr_RiskReturnAbstract  
Document Type dei_DocumentType 497
Document Period End Date dei_DocumentPeriodEndDate Sep. 30, 2013
Registrant Name dei_EntityRegistrantName VIRTUS OPPORTUNITIES TRUST
Central Index Key dei_EntityCentralIndexKey 0001005020
Amendment Flag dei_AmendmentFlag false
Document Creation Date dei_DocumentCreationDate Dec. 01, 2014
Document Effective Date dei_DocumentEffectiveDate Dec. 01, 2014
Prospectus Date rr_ProspectusDate Jan. 28, 2014
VIRTUS CA TAX-EXEMPT BOND FUND
 
Risk/Return: rr_RiskReturnAbstract  
Supplement [Text Block] vot_SupplementTextBlock

Virtus CA Tax-Exempt Bond Fund,

a series of Virtus Opportunities Trust

 

Supplement dated December 1, 2014 to the

Summary Prospectuses and the Virtus Opportunities Trust Statutory Prospectus,

each dated January 28, 2014

 

Important Notice to Investors

 

The first paragraph under “Principal Investment Strategies” in the fund’s summary prospectus and the summary section of the statutory prospectus is hereby replaced with the following:

 

The fund seeks current income free from federal and state income taxes by investing in municipal bonds issued in the state of California. The management team focuses on high quality California tax-exempt municipal bonds, gauging the value of a security by issue type, credit quality, and bond structure; however, the fund may invest up to 20% of the its net assets in below investment grade tax-exempt municipal bonds. Below investment grade tax-exempt municipal bonds are considered high-yield/high-risk fixed income securities.

 

The following disclosure is hereby added to the fund’s summary prospectus and the summary section of the statutory prospectus under “Principal Risks:”

 

High-Yield/High-Risk Fixed Income Securities (Junk Bond) Risk. The risk that issuers of high-yield/high-risk securities in the fund’s portfolio will default, that the prices of such securities will be volatile, and that the securities will not be liquid.

VIRTUS CA TAX-EXEMPT BOND FUND | Class A
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol CTESX
VIRTUS CA TAX-EXEMPT BOND FUND | Class I
 
Risk/Return: rr_RiskReturnAbstract  
Trading Symbol dei_TradingSymbol CTXEX