<SEC-DOCUMENT>0001571049-16-018404-index.html : 20161024
<SEC-HEADER>0001571049-16-018404.hdr.sgml : 20161024

<ACCEPTANCE-DATETIME>20160923153147

<PRIVATE-TO-PUBLIC>

ACCESSION NUMBER:		0001571049-16-018404

CONFORMED SUBMISSION TYPE:	485BPOS

PUBLIC DOCUMENT COUNT:		26

FILED AS OF DATE:		20160923

DATE AS OF CHANGE:		20160923

EFFECTIVENESS DATE:		20160923


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:		485BPOS

		SEC ACT:		1933 Act

		SEC FILE NUMBER:	033-65137

		FILM NUMBER:		161899755



	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




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:		485BPOS

		SEC ACT:		1940 Act

		SEC FILE NUMBER:	811-07455

		FILM NUMBER:		161899756



	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-TICKER-SYMBOL>VRREX

</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-TICKER-SYMBOL>VMFRX

</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 INFRASTRUCTURE 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>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-TICKER-SYMBOL>VFOPX

</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 SECTOR TREND 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 Equity Trend 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-TICKER-SYMBOL>VRPAX

</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>S000031600

<SERIES-NAME>Virtus Multi-Asset Trend 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 Equity Trend 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-TICKER-SYMBOL>VRISX

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0001005020

<SERIES-ID>S000040966

<SERIES-NAME>Virtus Low Volatility Equity Fund

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000127089

<CLASS-CONTRACT-NAME>Class A

<CLASS-CONTRACT-TICKER-SYMBOL>VLVAX

</CLASS-CONTRACT>

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000127090

<CLASS-CONTRACT-NAME>Class C

<CLASS-CONTRACT-TICKER-SYMBOL>VLVCX

</CLASS-CONTRACT>

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000127091

<CLASS-CONTRACT-NAME>Class I

<CLASS-CONTRACT-TICKER-SYMBOL>VLVIX

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0001005020

<SERIES-ID>S000042963

<SERIES-NAME>Virtus Emerging Markets Small-Cap Fund

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000133101

<CLASS-CONTRACT-NAME>Class A

<CLASS-CONTRACT-TICKER-SYMBOL>VAESX

</CLASS-CONTRACT>

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000133102

<CLASS-CONTRACT-NAME>Class C

<CLASS-CONTRACT-TICKER-SYMBOL>VCESX

</CLASS-CONTRACT>

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000133103

<CLASS-CONTRACT-NAME>Class I

<CLASS-CONTRACT-TICKER-SYMBOL>VIESX

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0001005020

<SERIES-ID>S000047326

<SERIES-NAME>Virtus International Wealth Masters Fund

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000148546

<CLASS-CONTRACT-NAME>Class A

<CLASS-CONTRACT-TICKER-SYMBOL>VIWAX

</CLASS-CONTRACT>

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000148547

<CLASS-CONTRACT-NAME>Class C

<CLASS-CONTRACT-TICKER-SYMBOL>VIWCX

</CLASS-CONTRACT>

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000148548

<CLASS-CONTRACT-NAME>Class I

<CLASS-CONTRACT-TICKER-SYMBOL>VWIIX

</CLASS-CONTRACT>

</SERIES>

<SERIES>

<OWNER-CIK>0001005020

<SERIES-ID>S000048539

<SERIES-NAME>Virtus Essential Resources Fund

<CLASS-CONTRACT>

<CLASS-CONTRACT-ID>C000153053

<CLASS-CONTRACT-NAME>Class A

<CLASS-CONTRACT-TICKER-SYMBOL>VERAX

</CLASS-CONTRACT>

<CLASS-CONTRACT>

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<DOCUMENT>
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<FILENAME>t1602253_bpos.htm
<DESCRIPTION>VIRTUS OPPORTUNITIES TRUST
<TEXT>
Document 1 - file: t1602253_bpos.htm

</DOCUMENT>
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<SEQUENCE>3
<FILENAME>t1602253_ex-d1w.htm
<DESCRIPTION>TWENTY-THIRD AMENDMENT TO THE AMENDED AND RESTATED INVESTMENT ADVISORY AGREEMENT
<TEXT>
Document 3 - file: t1602253_ex-d1w.htm

</DOCUMENT>
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<TYPE>EX-99.D.3.D
<SEQUENCE>4
<FILENAME>t1602253_ex-d3d.htm
<DESCRIPTION>INTERIM SUBADVISORY AGREEMENT BETWEEN VIA AND DUFF & PHELPS ON BEHALF OF VIRTUS INTERNATIONAL EQUITY FUND
<TEXT>
Document 4 - file: t1602253_ex-d3d.htm

</DOCUMENT>
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<TYPE>EX-99.D.10
<SEQUENCE>5
<FILENAME>t1602253_ex-d10.htm
<DESCRIPTION>INTERIM SUBADVISORY AGREEMENT BETWEEN VIA AND KBI ON BEHALF OF VIRTUS EMERGING MARKETS EQUITY INCOME FUND AND VIRTUS ESSENTIAL RESOURCES FUND
<TEXT>
Document 5 - file: t1602253_ex-d10.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.D.11
<SEQUENCE>6
<FILENAME>t1602253_ex-d11.htm
<DESCRIPTION>SUBADVISORY AGREEMENT BETWEEN VIA AND KBI ON BEHALF OF VIRTUS EMERGING MARKETS EQUITY INCOME FUND AND VIRTUS ESSENTIAL RESOURCES FUND
<TEXT>
Document 6 - file: t1602253_ex-d11.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.D.12
<SEQUENCE>7
<FILENAME>t1602253_ex-d12.htm
<DESCRIPTION>SUBADVISORY AGREEMENT BETWEEN VIA AND KBI GLOBAL INVESTORS (NORTH AMERICA) LTD. (FKA KLEINWORT BENSON INVESTORS INTERNATIONAL, LTD.) ON BEHALF OF VIRTUS EMERGING MARKETS EQUITY INCOME FUND AND VIRTUS ESSENTIAL RESOURCES FUND
<TEXT>
Document 7 - file: t1602253_ex-d12.htm

</DOCUMENT>
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<TYPE>EX-99.H.5
<SEQUENCE>8
<FILENAME>t1602253_ex-h5.htm
<DESCRIPTION>TWENTY-FIFTH AMENDED AND RESTATED EXPENSE LIMITATION AGREEMENT BETWEEN REGISTRANT AND VIA
<TEXT>
Document 8 - file: t1602253_ex-h5.htm

</DOCUMENT>
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<TYPE>EX-99.I.4
<SEQUENCE>9
<FILENAME>t1602253_ex-i4.htm
<DESCRIPTION>OPINION OF COUNSEL AS TO LEGALITY OF SHARES DATED SEPTEMBER 23, 2016
<TEXT>
Document 9 - file: t1602253_ex-i4.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.I.5
<SEQUENCE>10
<FILENAME>t1602253_ex-i5.htm
<DESCRIPTION>CONSENT OF SULLIVAN & WORCESTER
<TEXT>
Document 10 - file: t1602253_ex-i5.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.J.1
<SEQUENCE>11
<FILENAME>t1602253_ex-j1.htm
<DESCRIPTION>CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
<TEXT>
Document 11 - file: t1602253_ex-j1.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.P.1
<SEQUENCE>12
<FILENAME>t1602253_ex-p1.htm
<DESCRIPTION>AMENDED AND RESTATED CODE OF ETHICS OF THE VIRTUS MUTUAL FUNDS
<TEXT>
Document 12 - file: t1602253_ex-p1.htm

</DOCUMENT>
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<TYPE>EX-99.P.2
<SEQUENCE>13
<FILENAME>t1602253_ex-p2.htm
<DESCRIPTION>AMENDED AND RESTATED CODE OF ETHICS OF VIA, VP DISTRIBUTORS AND OTHER VIRTUS AFFILIATES
<TEXT>
Document 13 - file: t1602253_ex-p2.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.P.3
<SEQUENCE>14
<FILENAME>t1602253_ex-p3.htm
<DESCRIPTION>CODE OF ETHICS OF SUBADVISER VONTOBEL ASSET MANAGEMENT, INC.
<TEXT>
Document 14 - file: t1602253_ex-p3.htm

</DOCUMENT>
<DOCUMENT>
<TYPE>EX-99.P.5
<SEQUENCE>15
<FILENAME>t1602253_ex-p5.htm
<DESCRIPTION>CODE OF ETHICS OF SUBADVISER HORIZON
<TEXT>
Document 15 - file: t1602253_ex-p5.htm

</DOCUMENT>
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<SEQUENCE>16
<FILENAME>t1602253_ex-p6.htm
<DESCRIPTION>CODE OF ETHICS OF SUBADVISER KLEINWORT BENSON INVESTORS INTERNATIONAL LTD.
<TEXT>
Document 16 - file: t1602253_ex-p6.htm

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<FILENAME>efslb91mme5pl1ibbunf5bqftu0v.jpg
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Document 17 - file: efslb91mme5pl1ibbunf5bqftu0v.jpg

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<FILENAME>exp3logo.jpg
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<TEXT>
Document 18 - file: exp3logo.jpg

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<SEQUENCE>19
<FILENAME>exp5logo.jpg
<DESCRIPTION>GRAPHIC
<TEXT>
Document 19 - file: exp5logo.jpg

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<SEQUENCE>20
<FILENAME>exp6logo.jpg
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<TEXT>
Document 20 - file: exp6logo.jpg

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<FILENAME>image_001.jpg
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<TEXT>
Document 21 - file: image_001.jpg

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<FILENAME>lg_virtusmf-k.jpg
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Document 22 - file: lg_virtusmf-k.jpg

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<FILENAME>lg_virtusrule-k.jpg
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Document 23 - file: lg_virtusrule-k.jpg

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<FILENAME>m8ord8c3e5vq6prsrfovc1nrjd7b.jpg
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<TEXT>
Document 24 - file: m8ord8c3e5vq6prsrfovc1nrjd7b.jpg

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<FILENAME>nrntiur9s94v64hsb9d6a8mmbk6n.jpg
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Document 25 - file: nrntiur9s94v64hsb9d6a8mmbk6n.jpg

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Document 26 - file: sjfuoftb2nvtl5mmmpfeae6lj2nr.jpg

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Document 27 - file: filename27.htm

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