<SEC-DOCUMENT>0001571049-15-000691-index.html : 20150202
<SEC-HEADER>0001571049-15-000691.hdr.sgml : 20150202
<ACCEPTANCE-DATETIME>20150202104448
ACCESSION NUMBER:		0001571049-15-000691
CONFORMED SUBMISSION TYPE:	497
PUBLIC DOCUMENT COUNT:		2
FILED AS OF DATE:		20150202
DATE AS OF CHANGE:		20150202
EFFECTIVENESS DATE:		20150202

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			VIRTUS OPPORTUNITIES TRUST
		CENTRAL INDEX KEY:			0001005020
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			0930

	FILING VALUES:
		FORM TYPE:		497
		SEC ACT:		1933 Act
		SEC FILE NUMBER:	033-65137
		FILM NUMBER:		15565262

	BUSINESS ADDRESS:	
		STREET 1:		101 MUNSON STREET
		CITY:			GREENFIELD
		STATE:			MA
		ZIP:			01301
		BUSINESS PHONE:		800-243-1574

	MAIL ADDRESS:	
		STREET 1:		100 PEARL STREET
		CITY:			HARTFORD
		STATE:			CT
		ZIP:			06103

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHOENIX OPPORTUNITIES TRUST
		DATE OF NAME CHANGE:	20060127

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	PHOENIX SENECA FUNDS
		DATE OF NAME CHANGE:	19990122

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SENECA FUNDS
		DATE OF NAME CHANGE:	19951218
<SERIES-AND-CLASSES-CONTRACTS-DATA>
<EXISTING-SERIES-AND-CLASSES-CONTRACTS>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000001336
<SERIES-NAME>VIRTUS BOND FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000003572
<CLASS-CONTRACT-NAME>CLASS A
<CLASS-CONTRACT-TICKER-SYMBOL>SAVAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000003573
<CLASS-CONTRACT-NAME>CLASS B
<CLASS-CONTRACT-TICKER-SYMBOL>SAVBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000003574
<CLASS-CONTRACT-NAME>CLASS C
<CLASS-CONTRACT-TICKER-SYMBOL>SAVCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000003575
<CLASS-CONTRACT-NAME>CLASS I
<CLASS-CONTRACT-TICKER-SYMBOL>SAVYX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018001
<SERIES-NAME>VIRTUS CA TAX-EXEMPT BOND FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049899
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>CTESX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049900
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>CTXEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018002
<SERIES-NAME>VIRTUS REAL ESTATE SECURITIES FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049901
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PHRAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049902
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>PHRBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049903
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PHRCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049904
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>PHRIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000148854
<CLASS-CONTRACT-NAME>Class R6
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018005
<SERIES-NAME>VIRTUS HIGH YIELD FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049911
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>PHCCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049912
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PGHCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049913
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PHCHX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000119169
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>PHCIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018007
<SERIES-NAME>VIRTUS MULTI-SECTOR INTERMEDIATE BOND FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049915
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>NAMFX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049916
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>NBMFX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049917
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>NCMFX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000081781
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VMFIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000148855
<CLASS-CONTRACT-NAME>Class R6
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018008
<SERIES-NAME>VIRTUS MULTI-SECTOR SHORT TERM BOND FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049918
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>NARAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049919
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>PBARX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049920
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PSTCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049921
<CLASS-CONTRACT-NAME>Class T
<CLASS-CONTRACT-TICKER-SYMBOL>PMSTX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000066828
<CLASS-CONTRACT-NAME>Class I Shares
<CLASS-CONTRACT-TICKER-SYMBOL>PIMSX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018009
<SERIES-NAME>VIRTUS GLOBAL DIVIDEND FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049922
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PGUAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049923
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PGUCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000066829
<CLASS-CONTRACT-NAME>Class I Shares
<CLASS-CONTRACT-TICKER-SYMBOL>PGIUX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018010
<SERIES-NAME>VIRTUS DYNAMIC ALPHASECTOR FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049924
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>EMNAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049925
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>EMNBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000049926
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>EMNCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000081782
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VIMNX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000148856
<CLASS-CONTRACT-NAME>Class R6
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018969
<SERIES-NAME>VIRTUS FOREIGN OPPORTUNITIES FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052519
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>JVIAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052520
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>JVICX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052521
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>JVXIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000148857
<CLASS-CONTRACT-NAME>Class R6
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018970
<SERIES-NAME>VIRTUS INTERNATIONAL REAL ESTATE SECURITIES FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052522
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PXRAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052523
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PXRCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052524
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>PXRIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018972
<SERIES-NAME>VIRTUS GLOBAL OPPORTUNITIES FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052528
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>NWWOX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052529
<CLASS-CONTRACT-NAME>Class B
<CLASS-CONTRACT-TICKER-SYMBOL>WWOBX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052530
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>WWOCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000119170
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>WWOIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018974
<SERIES-NAME>VIRTUS ALPHASECTOR ROTATION FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052533
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PWBAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052534
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PWBCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000081783
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VARIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000018976
<SERIES-NAME>VIRTUS ALTERNATIVES DIVERSIFIER FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052537
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PDPAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000052538
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PDPCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000081785
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VADIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000020772
<SERIES-NAME>VIRTUS SENIOR FLOATING RATE FUND
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000058006
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>PSFRX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000058007
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>PFSRX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000058008
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>PSFIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000025108
<SERIES-NAME>Virtus Global Real Estate Securities Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000074732
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VGSAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000074733
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VGSCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000074734
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VGISX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000025110
<SERIES-NAME>Virtus Greater European Opportunities Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000074738
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VGEAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000074739
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VGECX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000074740
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VGEIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000029390
<SERIES-NAME>Virtus Premium AlphaSector Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000090272
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VAPAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000090273
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VAPCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000090274
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VAPIX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000148858
<CLASS-CONTRACT-NAME>Class R6
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000030077
<SERIES-NAME>Virtus International Equity Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000092267
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VIEAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000092268
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VIECX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000092269
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VIIEX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000030643
<SERIES-NAME>Virtus Global Commodities Stock Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000094976
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VGCAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000094977
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VGCCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000094978
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VGCIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000031600
<SERIES-NAME>Virtus Allocator Premium AlphaSector Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000098360
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VAAAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000098361
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VAACX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000098362
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VAISX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000031601
<SERIES-NAME>Virtus Global Premium AlphaSector Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000098363
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VGPAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000098364
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VGPCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000098365
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VGPIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000038114
<SERIES-NAME>Virtus Emerging Markets Debt Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117499
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VEDAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117500
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VEDCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117501
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VIEDX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000038115
<SERIES-NAME>Virtus Emerging Markets Equity Income Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117502
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VEIAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117503
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VEICX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117504
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VEIIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000038116
<SERIES-NAME>Virtus Herzfeld Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117505
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VHFAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117506
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VHFCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117507
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VHFIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000038117
<SERIES-NAME>Virtus Wealth Masters Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117508
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VWMAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117509
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VWMCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117510
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VWMIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000038118
<SERIES-NAME>Virtus International Small-Cap Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117511
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VISAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117512
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VCISX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000117513
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VIISX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000148859
<CLASS-CONTRACT-NAME>Class R6
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000039392
<SERIES-NAME>Virtus Disciplined Select Bond Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121401
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VDBAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121402
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VDBCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121403
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VDBIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000039393
<SERIES-NAME>Virtus Disciplined Equity Style Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121404
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VDEAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121405
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VDECX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121406
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VDEIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000039394
<SERIES-NAME>Virtus Disciplined Select Country Fund
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121407
<CLASS-CONTRACT-NAME>Class A
<CLASS-CONTRACT-TICKER-SYMBOL>VDCAX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121408
<CLASS-CONTRACT-NAME>Class C
<CLASS-CONTRACT-TICKER-SYMBOL>VDCCX
</CLASS-CONTRACT>
<CLASS-CONTRACT>
<CLASS-CONTRACT-ID>C000121409
<CLASS-CONTRACT-NAME>Class I
<CLASS-CONTRACT-TICKER-SYMBOL>VDCIX
</CLASS-CONTRACT>
</SERIES>
<SERIES>
<OWNER-CIK>0001005020
<SERIES-ID>S000040966
<SERIES-NAME>Virtus Low Volatility Equity Fund
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<DOCUMENT>
<TYPE>497
<SEQUENCE>1
<FILENAME>t1500201.htm
<DESCRIPTION>VIRTUS OPPORTUNITIES TRUST
<TEXT>
Document 1 - file: t1500201.htm
</DOCUMENT> <DOCUMENT> <TYPE>GRAPHIC <SEQUENCE>3 <FILENAME>vi70875l8rggve22kteupa11nb2a.jpg <DESCRIPTION>GRAPHIC <TEXT> Document 3 - file: vi70875l8rggve22kteupa11nb2a.jpg
</DOCUMENT> </SEC-DOCUMENT>