As filed with the Securities and Exchange Commission on November 17, 2016
File No. 033-65137
File No. 811-07455
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-1A
REGISTRATION STATEMENT
Under the SECURITIES ACT OF 1933
Pre-Effective Amendment No. | ¨ | |||
Post-Effective Amendment No. 91 | x |
and/or
REGISTRATION STATEMENT
Under the INVESTMENT COMPANY ACT OF 1940 |
¨ | |||
Amendment No. 92 | x |
(Check appropriate box or boxes)
Virtus Opportunities Trust
(Exact Name of Registrant as Specified in Charter)
Area Code and Telephone Number: (800) 243-1574
101 Munson Street
Greenfield, Massachusetts 01301
(Address of Principal Executive Offices)
Kevin J. Carr, Esq.
Counsel
Virtus Investment Partners, Inc.
100 Pearl St.
Hartford, Connecticut 06103
(Name and Address of Agent for Service)
Copies of All Correspondence to:
David C. Mahaffey, Esq.
Sullivan & Worcester LLP
1666 K Street, N.W.
Washington, D.C. 20006
It is proposed that this filing will become effective (check appropriate box):
x | immediately upon filing pursuant to paragraph (b) |
¨ | on pursuant to paragraph (b) of Rule 485 |
¨ | 60 days after filing pursuant to paragraph (a)(1) |
¨ | on or at such later date as the Commission shall order pursuant to paragraph (a)(2) |
¨ | 75 days after filing pursuant to paragraph (a)(2) |
¨ | on _____________ pursuant to paragraph (a)(2) of Rule 485. |
If appropriate, check the following box:
¨ | this post-effective amendment designates a new effective date for a previously filed post-effective amendment. |
EXPLANATORY NOTE
This Post-Effective Amendment No. 91 relates to the following funds:
Virtus Bond Fund
Virtus Global Real Estate Securities Fund
Virtus High Yield Fund
Virtus Multi-Sector Short Term Bond Fund
Virtus Senior Floating Rate Fund
Exhibit Index
Exhibit Number | Description | |
EX-101.INS | XBRL Instance Document | |
EX-101.SCH | XBRL Taxonomy Extension Schema Document | |
EX-101.CAL | XBRL Taxonomy Extension Calculation Linkbase | |
EX-101.DEF | XBRL Taxonomy Extension Definition Linkbase | |
EX-101.LAB | XBRL Taxonomy Extension Labels Linkbase | |
EX-101.PRE | XBRL Taxomony Extension Presentation Linkbase |
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, and the Investment Company Act of 1940, as amended, the Registrant certifies that it meets all of the requirements for effectiveness for this registration statement under Rule 485(b) of the Securities Act and has duly caused this amendment to the registration statement to be signed on its behalf by the undersigned, duly authorized, in the City of Hartford and the State of Connecticut on the 17th day of November, 2016.
VIRTUS OPPORTUNITIES TRUST | ||
By: | /s/ George R. Aylward | |
George R. Aylward | ||
President |
Pursuant to the requirements of the Securities Act of 1933, as amended, this amendment to the registration statement has been signed below by the following persons in the capacities indicated on the 17th day of November, 2016.
Signature | Title | |
/s/ George R. Aylward | ||
George R. Aylward | Trustee and President (principal executive officer) | |
/s/ W. Patrick Bradley | ||
W. Patrick Bradley |
Chief Financial Officer and Treasurer (principal financial and accounting officer) | |
/s/ Thomas J. Brown | ||
Thomas J. Brown* | Trustee | |
/s/ Donald C. Burke | ||
Donald C. Burke* | Trustee | |
/s/ Roger A. Gelfenbien | ||
Roger A. Gelfenbien* | Trustee | |
/s/ John R. Mallin | ||
John R. Mallin* | Trustee | |
/s/ Hassell H. McClellan | ||
Hassell H. McClellan* | Trustee | |
/s/ Philip R. McLoughlin | ||
Philip R. McLoughlin* | Trustee and Chairman | |
/s/ Geraldine M. McNamara | ||
Geraldine M. McNamara* | Trustee | |
/s/ James M. Oates | ||
James M. Oates* | Trustee | |
/s/ Richard E. Segerson | ||
Richard E. Segerson* | Trustee | |
/s/ Ferdinand L.J. Verdonck | ||
Ferdinand L.J. Verdonck* | Trustee |
*By: | /s/ George R. Aylward | |
*George R. Aylward, Attorney-in-Fact, pursuant to a power of attorney |
VIRTUS BOND FUND | ||||||||||||||||||||||||||||||
Virtus Bond Fund
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Virtus Bond Fund, Virtus High Yield Fund, and Virtus Senior Floating Rate Fund, each a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectuses dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, dated January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Bond Fund, Virtus High Yield Fund and Virtus Senior Floating Rate Fund are offering Class R6 Shares, in addition to the share classes already offered by the funds. Additionally, Virtus High Yield Fund has increased its expense reimbursement arrangement, effective November 1, 2016. Accordingly, the funds’ prospectuses are hereby amended to add the following disclosure.
Virtus Bond Fund
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
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The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus are hereby revised to add the Class R6 column and to revise the associated footnotes as shown below:
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Shareholder Fees (fees paid directly from your investment)
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Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
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The Example table is hereby revised to add the Class R6 row as shown below:
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Label | Element | Value | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Document Type | dei_DocumentType | 485BPOS | |||||||||||||||||||||||||||
Document Period End Date | dei_DocumentPeriodEndDate | Sep. 30, 2015 | |||||||||||||||||||||||||||
Registrant Name | dei_EntityRegistrantName | VIRTUS OPPORTUNITIES TRUST | |||||||||||||||||||||||||||
Central Index Key | dei_EntityCentralIndexKey | 0001005020 | |||||||||||||||||||||||||||
Amendment Flag | dei_AmendmentFlag | false | |||||||||||||||||||||||||||
Document Creation Date | dei_DocumentCreationDate | Nov. 01, 2016 | |||||||||||||||||||||||||||
Document Effective Date | dei_DocumentEffectiveDate | Nov. 01, 2016 | |||||||||||||||||||||||||||
Prospectus Date | rr_ProspectusDate | Jan. 28, 2016 | |||||||||||||||||||||||||||
VIRTUS BOND FUND | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus Bond Fund
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Supplement [Text Block] | vot_SupplementTextBlock | Virtus Bond Fund, Virtus High Yield Fund, and Virtus Senior Floating Rate Fund, each a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectuses dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, dated January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Bond Fund, Virtus High Yield Fund and Virtus Senior Floating Rate Fund are offering Class R6 Shares, in addition to the share classes already offered by the funds. Additionally, Virtus High Yield Fund has increased its expense reimbursement arrangement, effective November 1, 2016. Accordingly, the funds’ prospectuses are hereby amended to add the following disclosure.
Virtus Bond Fund
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
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Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus are hereby revised to add the Class R6 column and to revise the associated footnotes as shown below:
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Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder Fees (fees paid directly from your investment)
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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)
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Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | January 31, 2017 | |||||||||||||||||||||||||||
Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Estimated for current fiscal year, as annualized.
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Acquired Fund Fees and Expenses, Based on Estimates [Text] | rr_AcquiredFundFeesAndExpensesBasedOnEstimates | The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses 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.
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Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The Example table is hereby revised to add the Class R6 row as shown below:
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VIRTUS BOND FUND | CLASS A | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | SAVAX | |||||||||||||||||||||||||||
VIRTUS BOND FUND | CLASS B | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | SAVBX | |||||||||||||||||||||||||||
VIRTUS BOND FUND | CLASS C | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | SAVCX | |||||||||||||||||||||||||||
VIRTUS BOND FUND | CLASS I | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | SAVYX | |||||||||||||||||||||||||||
VIRTUS BOND FUND | Class R6 | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | VBFRX | |||||||||||||||||||||||||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | |||||||||||||||||||||||||||
Maximum Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | |||||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.45% | |||||||||||||||||||||||||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | |||||||||||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.36% | [1] | ||||||||||||||||||||||||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | |||||||||||||||||||||||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.82% | [2] | ||||||||||||||||||||||||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.27%) | [3] | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 0.55% | [2],[3] | ||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 56 | |||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 235 | |||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 429 | |||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | 988 | |||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 56 | |||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 235 | |||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 429 | |||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 988 | |||||||||||||||||||||||||||
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VIRTUS HIGH YIELD FUND | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Virtus High Yield Fund
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Virtus Bond Fund, Virtus High Yield Fund, and Virtus Senior Floating Rate Fund, each a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectuses dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, dated January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Bond Fund, Virtus High Yield Fund and Virtus Senior Floating Rate Fund are offering Class R6 Shares, in addition to the share classes already offered by the funds. Additionally, Virtus High Yield Fund has increased its expense reimbursement arrangement, effective November 1, 2016. Accordingly, the funds’ prospectuses are hereby amended to add the following disclosure.
Virtus High Yield Fund
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
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The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus are hereby revised to reflect the new expense reimbursement arrangements, to add the Class R6 column and to revise the associated footnotes:
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Shareholder Fees (fees paid directly from your investment)
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Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
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Under “Fees and Expenses, the “Example” table is hereby replaced with the following:
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Label | Element | Value | ||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||
Document Type | dei_DocumentType | 485BPOS | ||||||||||||||||||||||||||
Document Period End Date | dei_DocumentPeriodEndDate | Sep. 30, 2015 | ||||||||||||||||||||||||||
Registrant Name | dei_EntityRegistrantName | VIRTUS OPPORTUNITIES TRUST | ||||||||||||||||||||||||||
Central Index Key | dei_EntityCentralIndexKey | 0001005020 | ||||||||||||||||||||||||||
Amendment Flag | dei_AmendmentFlag | false | ||||||||||||||||||||||||||
Document Creation Date | dei_DocumentCreationDate | Nov. 01, 2016 | ||||||||||||||||||||||||||
Document Effective Date | dei_DocumentEffectiveDate | Nov. 01, 2016 | ||||||||||||||||||||||||||
Prospectus Date | rr_ProspectusDate | Jan. 28, 2016 | ||||||||||||||||||||||||||
VIRTUS HIGH YIELD FUND | ||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus High Yield Fund
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Supplement [Text Block] | vot_SupplementTextBlock | Virtus Bond Fund, Virtus High Yield Fund, and Virtus Senior Floating Rate Fund, each a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectuses dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, dated January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Bond Fund, Virtus High Yield Fund and Virtus Senior Floating Rate Fund are offering Class R6 Shares, in addition to the share classes already offered by the funds. Additionally, Virtus High Yield Fund has increased its expense reimbursement arrangement, effective November 1, 2016. Accordingly, the funds’ prospectuses are hereby amended to add the following disclosure.
Virtus High Yield Fund
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
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Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus are hereby revised to reflect the new expense reimbursement arrangements, to add the Class R6 column and to revise the associated footnotes:
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Shareholder Fees Caption [Text] | rr_ShareholderFeesCaption | Shareholder Fees (fees paid directly from your investment)
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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)
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Fee Waiver or Reimbursement over Assets, Date of Termination | rr_FeeWaiverOrReimbursementOverAssetsDateOfTermination | January 31, 2017 | ||||||||||||||||||||||||||
Expenses Deferred Charges [Text Block] | rr_ExpensesDeferredChargesTextBlock | The maximum deferred sales charge is imposed on Class B Shares redeemed during the first year; thereafter, it decreases 1% annually to 2% during the fourth and fifth years and to 0% after the fifth year. The deferred sales charge is imposed on Class C Shares redeemed during the first year only.
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Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Estimated for current fiscal year, as annualized.
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Acquired Fund Fees and Expenses, Based on Estimates [Text] | rr_AcquiredFundFeesAndExpensesBasedOnEstimates |
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Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | Under “Fees and Expenses, the “Example” table is hereby replaced with the following:
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VIRTUS HIGH YIELD FUND | Class A | ||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PHCHX | ||||||||||||||||||||||||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | 3.75% | ||||||||||||||||||||||||||
Maximum Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.65% | ||||||||||||||||||||||||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||||||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.42% | ||||||||||||||||||||||||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.33% | [1] | |||||||||||||||||||||||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.32%) | [2] | |||||||||||||||||||||||||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.01% | [1],[2] | |||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 474 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 750 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 1,047 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | 1,890 | ||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 474 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 750 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,047 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,890 | ||||||||||||||||||||||||||
VIRTUS HIGH YIELD FUND | Class B | ||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PHCCX | ||||||||||||||||||||||||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||||||||||||
Maximum Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | 5.00% | [3] | |||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.65% | ||||||||||||||||||||||||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.42% | ||||||||||||||||||||||||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 2.08% | [1] | |||||||||||||||||||||||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.32%) | [2] | |||||||||||||||||||||||||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.76% | [1],[2] | |||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 579 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 821 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 1,089 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | 2,193 | ||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 179 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 621 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,089 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,193 | ||||||||||||||||||||||||||
VIRTUS HIGH YIELD FUND | Class C | ||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PGHCX | ||||||||||||||||||||||||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||||||||||||
Maximum Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | 1.00% | [3] | |||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.65% | ||||||||||||||||||||||||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 1.00% | ||||||||||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.42% | ||||||||||||||||||||||||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 2.08% | [1] | |||||||||||||||||||||||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.32%) | [2] | |||||||||||||||||||||||||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.76% | [1],[2] | |||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 279 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 621 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 1,089 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | 2,385 | ||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 179 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 621 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 1,089 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 2,385 | ||||||||||||||||||||||||||
VIRTUS HIGH YIELD FUND | Class I | ||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PHCIX | ||||||||||||||||||||||||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||||||||||||
Maximum Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.65% | ||||||||||||||||||||||||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||||||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.42% | ||||||||||||||||||||||||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.08% | [1] | |||||||||||||||||||||||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.32%) | [2] | |||||||||||||||||||||||||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 0.76% | [1],[2] | |||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 78 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 312 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 564 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | 1,288 | ||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 78 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 312 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 564 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,288 | ||||||||||||||||||||||||||
VIRTUS HIGH YIELD FUND | Class R6 | ||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | |||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | VRHYX | ||||||||||||||||||||||||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | ||||||||||||||||||||||||||
Maximum Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | ||||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.65% | ||||||||||||||||||||||||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||||||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.36% | [4] | |||||||||||||||||||||||||
Acquired Fund Fees and Expenses | rr_AcquiredFundFeesAndExpensesOverAssets | 0.01% | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.02% | [1] | |||||||||||||||||||||||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.32%) | [2] | |||||||||||||||||||||||||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 0.70% | [1],[2] | |||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 72 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 293 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 532 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | 1,219 | ||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 72 | ||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 293 | ||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 532 | ||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,219 | ||||||||||||||||||||||||||
|
VIRTUS SENIOR FLOATING RATE FUND | ||||||||||||||||||||||||||
Virtus Senior Floating Rate Fund
| ||||||||||||||||||||||||||
Virtus Bond Fund, Virtus High Yield Fund, and Virtus Senior Floating Rate Fund, each a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectuses dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, dated January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Bond Fund, Virtus High Yield Fund and Virtus Senior Floating Rate Fund are offering Class R6 Shares, in addition to the share classes already offered by the funds. Additionally, Virtus High Yield Fund has increased its expense reimbursement arrangement, effective November 1, 2016. Accordingly, the funds’ prospectuses are hereby amended to add the following disclosure.
Virtus Senior Floating Rate Fund
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
| ||||||||||||||||||||||||||
The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus, are hereby revised to add the Class R6 column and to revise the associated footnote as shown below:
| ||||||||||||||||||||||||||
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)
| ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
The Example table is hereby revised to add the Class R6 row as shown below:
| ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
|
Label | Element | Value | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Document Type | dei_DocumentType | 485BPOS | |||||||||||||||||||||||||||
Document Period End Date | dei_DocumentPeriodEndDate | Sep. 30, 2015 | |||||||||||||||||||||||||||
Registrant Name | dei_EntityRegistrantName | VIRTUS OPPORTUNITIES TRUST | |||||||||||||||||||||||||||
Central Index Key | dei_EntityCentralIndexKey | 0001005020 | |||||||||||||||||||||||||||
Amendment Flag | dei_AmendmentFlag | false | |||||||||||||||||||||||||||
Document Creation Date | dei_DocumentCreationDate | Nov. 01, 2016 | |||||||||||||||||||||||||||
Document Effective Date | dei_DocumentEffectiveDate | Nov. 01, 2016 | |||||||||||||||||||||||||||
Prospectus Date | rr_ProspectusDate | Jan. 28, 2016 | |||||||||||||||||||||||||||
VIRTUS SENIOR FLOATING RATE FUND | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus Senior Floating Rate Fund
|
|||||||||||||||||||||||||||
Supplement [Text Block] | vot_SupplementTextBlock | Virtus Bond Fund, Virtus High Yield Fund, and Virtus Senior Floating Rate Fund, each a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectuses dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, dated January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Bond Fund, Virtus High Yield Fund and Virtus Senior Floating Rate Fund are offering Class R6 Shares, in addition to the share classes already offered by the funds. Additionally, Virtus High Yield Fund has increased its expense reimbursement arrangement, effective November 1, 2016. Accordingly, the funds’ prospectuses are hereby amended to add the following disclosure.
Virtus Senior Floating Rate Fund
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
|
|||||||||||||||||||||||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus, are hereby revised to add the Class R6 column and to revise the associated footnote as shown below:
|
|||||||||||||||||||||||||||
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)
|
|||||||||||||||||||||||||||
Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Estimated for current fiscal year, as annualized.
|
|||||||||||||||||||||||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The Example table is hereby revised to add the Class R6 row as shown below:
|
|||||||||||||||||||||||||||
VIRTUS SENIOR FLOATING RATE FUND | Class A | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PSFRX | |||||||||||||||||||||||||||
VIRTUS SENIOR FLOATING RATE FUND | Class C | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PFSRX | |||||||||||||||||||||||||||
VIRTUS SENIOR FLOATING RATE FUND | Class I | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PSFIX | |||||||||||||||||||||||||||
VIRTUS SENIOR FLOATING RATE FUND | Class R6 | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | VRSFX | |||||||||||||||||||||||||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | |||||||||||||||||||||||||||
Maximum Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | |||||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.60% | |||||||||||||||||||||||||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | |||||||||||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.29% | [1] | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.89% | |||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 91 | |||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 284 | |||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 493 | |||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | 1,096 | |||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 91 | |||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 284 | |||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 493 | |||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,096 | |||||||||||||||||||||||||||
|
Virtus Global Real Estate Securities Fund | |||||||||||||||||||||||||||
Virtus Global Real Estate Securities Fund
| |||||||||||||||||||||||||||
Virtus Global Real Estate Securities Fund, a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectus dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, dated January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Global Real Estate Securities Fund is offering Class R6 Shares, in addition to the share classes already offered by the fund. Accordingly, the fund’s prospectuses are hereby amended to add the following disclosure.
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
| |||||||||||||||||||||||||||
The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus are hereby revised to add the Class R6 column and to revise the associated footnotes as shown below:
| |||||||||||||||||||||||||||
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)
| |||||||||||||||||||||||||||
| |||||||||||||||||||||||||||
The Example table is hereby revised to add the Class R6 row as shown below:
| |||||||||||||||||||||||||||
| |||||||||||||||||||||||||||
|
Label | Element | Value | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Document Type | dei_DocumentType | 485BPOS | |||||||||||||||||||||||||||
Document Period End Date | dei_DocumentPeriodEndDate | Sep. 30, 2015 | |||||||||||||||||||||||||||
Registrant Name | dei_EntityRegistrantName | VIRTUS OPPORTUNITIES TRUST | |||||||||||||||||||||||||||
Central Index Key | dei_EntityCentralIndexKey | 0001005020 | |||||||||||||||||||||||||||
Amendment Flag | dei_AmendmentFlag | false | |||||||||||||||||||||||||||
Document Creation Date | dei_DocumentCreationDate | Nov. 01, 2016 | |||||||||||||||||||||||||||
Document Effective Date | dei_DocumentEffectiveDate | Nov. 01, 2016 | |||||||||||||||||||||||||||
Prospectus Date | rr_ProspectusDate | Jan. 28, 2016 | |||||||||||||||||||||||||||
Virtus Global Real Estate Securities Fund | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus Global Real Estate Securities Fund
|
|||||||||||||||||||||||||||
Supplement [Text Block] | vot_SupplementTextBlock | Virtus Global Real Estate Securities Fund, a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectus dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, dated January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Global Real Estate Securities Fund is offering Class R6 Shares, in addition to the share classes already offered by the fund. Accordingly, the fund’s prospectuses are hereby amended to add the following disclosure.
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
|
|||||||||||||||||||||||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus are hereby revised to add the Class R6 column and to revise the associated footnotes as shown below:
|
|||||||||||||||||||||||||||
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 | January 31, 2017 | |||||||||||||||||||||||||||
Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Estimated for current fiscal year, as annualized.
|
|||||||||||||||||||||||||||
Acquired Fund Fees and Expenses, Based on Estimates [Text] | rr_AcquiredFundFeesAndExpensesBasedOnEstimates | The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses 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 Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The Example table is hereby revised to add the Class R6 row as shown below:
|
|||||||||||||||||||||||||||
Virtus Global Real Estate Securities Fund | Class A | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | VGSAX | |||||||||||||||||||||||||||
Virtus Global Real Estate Securities Fund | Class C | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | VGSCX | |||||||||||||||||||||||||||
Virtus Global Real Estate Securities Fund | Class I | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | VGISX | |||||||||||||||||||||||||||
Virtus Global Real Estate Securities Fund | Class R6 | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | VRGEX | |||||||||||||||||||||||||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | |||||||||||||||||||||||||||
Maximum Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | |||||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.85% | |||||||||||||||||||||||||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | |||||||||||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.29% | [1] | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 1.14% | [2] | ||||||||||||||||||||||||||
Less: Fee Waiver and/or Expense Reimbursement | rr_FeeWaiverOrReimbursementOverAssets | (0.10%) | [3] | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses After Expense Reimbursement | rr_NetExpensesOverAssets | 1.04% | [2],[3] | ||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 106 | |||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 352 | |||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 618 | |||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | 1,377 | |||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 106 | |||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 352 | |||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 618 | |||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 1,377 | |||||||||||||||||||||||||||
|
VIRTUS MULTI-SECTOR SHORT TERM BOND FUND | ||||||||||||||||||||||||||
Virtus Multi-Sector Short Term Bond Fund
| ||||||||||||||||||||||||||
Virtus Multi-Sector Short Term Bond Fund, a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectus dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Multi-Sector Short Term Bond Fund is offering Class R6 Shares, in addition to the share classes already offered by the fund. Accordingly, the fund’s prospectuses are hereby amended to add the following disclosure.
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
| ||||||||||||||||||||||||||
The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus are hereby revised to add the Class R6 column and to revise the associated footnote as shown below:
| ||||||||||||||||||||||||||
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)
| ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
The Example table is hereby revised to add the Class R6 row as shown below:
| ||||||||||||||||||||||||||
| ||||||||||||||||||||||||||
|
Label | Element | Value | |||||||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Document Type | dei_DocumentType | 485BPOS | |||||||||||||||||||||||||||
Document Period End Date | dei_DocumentPeriodEndDate | Sep. 30, 2015 | |||||||||||||||||||||||||||
Registrant Name | dei_EntityRegistrantName | VIRTUS OPPORTUNITIES TRUST | |||||||||||||||||||||||||||
Central Index Key | dei_EntityCentralIndexKey | 0001005020 | |||||||||||||||||||||||||||
Amendment Flag | dei_AmendmentFlag | false | |||||||||||||||||||||||||||
Document Creation Date | dei_DocumentCreationDate | Nov. 01, 2016 | |||||||||||||||||||||||||||
Document Effective Date | dei_DocumentEffectiveDate | Nov. 01, 2016 | |||||||||||||||||||||||||||
Prospectus Date | rr_ProspectusDate | Jan. 28, 2016 | |||||||||||||||||||||||||||
VIRTUS MULTI-SECTOR SHORT TERM BOND FUND | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Risk/Return [Heading] | rr_RiskReturnHeading | Virtus Multi-Sector Short Term Bond Fund
|
|||||||||||||||||||||||||||
Supplement [Text Block] | vot_SupplementTextBlock | Virtus Multi-Sector Short Term Bond Fund, a series of Virtus Opportunities Trust
Supplement dated November 1, 2016 to the Summary Prospectus dated January 28, 2016, as supplemented, and the Virtus Opportunities Trust Statutory Prospectus, January 28, 2016, as supplemented
Important Notice to Investors
As of November 1, 2016, Virtus Multi-Sector Short Term Bond Fund is offering Class R6 Shares, in addition to the share classes already offered by the fund. Accordingly, the fund’s prospectuses are hereby amended to add the following disclosure.
The cover page of the statutory prospectus is hereby revised by replacing the row showing ticker symbols for the fund’s share classes with the row shown below:
|
|||||||||||||||||||||||||||
Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | The tables under “Fees and Expenses” in the fund’s summary prospectus and the summary section of the statutory prospectus are hereby revised to add the Class R6 column and to revise the associated footnote as shown below:
|
|||||||||||||||||||||||||||
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)
|
|||||||||||||||||||||||||||
Other Expenses, New Fund, Based on Estimates [Text] | rr_OtherExpensesNewFundBasedOnEstimates | Estimated for current fiscal year, as annualized.
|
|||||||||||||||||||||||||||
Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | The Example table is hereby revised to add the Class R6 row as shown below:
|
|||||||||||||||||||||||||||
VIRTUS MULTI-SECTOR SHORT TERM BOND FUND | Class A | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | NARAX | |||||||||||||||||||||||||||
VIRTUS MULTI-SECTOR SHORT TERM BOND FUND | Class B | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PBARX | |||||||||||||||||||||||||||
VIRTUS MULTI-SECTOR SHORT TERM BOND FUND | Class C | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PSTCX | |||||||||||||||||||||||||||
VIRTUS MULTI-SECTOR SHORT TERM BOND FUND | Class I Shares | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PIMSX | |||||||||||||||||||||||||||
VIRTUS MULTI-SECTOR SHORT TERM BOND FUND | Class R6 | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | VMSSX | |||||||||||||||||||||||||||
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) | rr_MaximumSalesChargeImposedOnPurchasesOverOfferingPrice | none | |||||||||||||||||||||||||||
Maximum Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) | rr_MaximumDeferredSalesChargeOverOther | none | |||||||||||||||||||||||||||
Management Fee | rr_ManagementFeesOverAssets | 0.47% | |||||||||||||||||||||||||||
Distribution and Shareholder Servicing (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | |||||||||||||||||||||||||||
Other Expenses | rr_OtherExpensesOverAssets | 0.18% | [1] | ||||||||||||||||||||||||||
Total Annual Fund Operating Expenses | rr_ExpensesOverAssets | 0.65% | |||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleYear01 | $ 66 | |||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleYear03 | 208 | |||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleYear05 | 362 | |||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleYear10 | 810 | |||||||||||||||||||||||||||
1 Year | rr_ExpenseExampleNoRedemptionYear01 | 66 | |||||||||||||||||||||||||||
3 Years | rr_ExpenseExampleNoRedemptionYear03 | 208 | |||||||||||||||||||||||||||
5 Years | rr_ExpenseExampleNoRedemptionYear05 | 362 | |||||||||||||||||||||||||||
10 Years | rr_ExpenseExampleNoRedemptionYear10 | $ 810 | |||||||||||||||||||||||||||
VIRTUS MULTI-SECTOR SHORT TERM BOND FUND | Class T | |||||||||||||||||||||||||||||
Risk/Return: | rr_RiskReturnAbstract | ||||||||||||||||||||||||||||
Trading Symbol | dei_TradingSymbol | PMSTX | |||||||||||||||||||||||||||
|
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