12/19/2025 | Press release | Distributed by Public on 12/19/2025 07:20
Virtus KAR Equity Income Fund (the "Fund"),
a series of Virtus Equity Trust
Supplement dated December 19, 2025, to the Virtus Equity Trust Statutory Prospectus,
dated January 28, 2025, as supplemented
Important Notice to Investors
Effective January 1, 2026, the Fund will change its dividend distribution frequency to quarterly.
As a result, in the "Tax Status of Distributions" section of the Prospectus, the row for the Fund in the table on page 97 will be replaced with the following:
| Fund | Dividend Paid |
| Virtus KAR Equity Income Fund | Quarterly |
Investors should retain this supplement with the Prospectus for future reference.
VET 8019 KAR Equity Income Distribution Frequency Change (12/2025)