Virtus Opportunities Trust
12/15/2025 | Press release | Distributed by Public on 12/15/2025 07:55
Prospectus by Investment Company (Form 497)
Virtus SGA Emerging Markets Equity Fund
(the "Fund"),
a series of Virtus Opportunities Trust
Supplement dated December 15, 2025 to the Fund's Summary Prospectus
and the Virtus Opportunities Trust Statutory Prospectus pertaining to the Fund,
each dated January 28, 2025, as supplemented
IMPORTANT NOTICE TO INVESTORS
Effective January 1, 2026, the Fund's investment adviser will implement new expense limitation arrangements to further limit the Fund's expenses and will extend the term of the expense limitation arrangements for all of the Fund's classes of shares. The resulting changes to the Fund's prospectuses are as follows:
-- End of Supplement Text --
Under "Fees and Expenses" in the Fund's summary prospectus and the summary section of the statutory prospectus, the "Shareholder Fees" and "Annual Fund Operating Expenses" tables and associated footnotes will be replaced with the following:
Fees and Expenses
|
Shareholder Fees (fees paid directly from your investment) |
Class A |
Class C |
Class I |
Class R6 |
|
|
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) |
5.50% |
None |
None |
None |
|
|
Maximum Deferred Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) |
None |
1.00%(a) |
None |
None |
|
|
Annual Fund Operating Expenses (expenses that you pay each year as |
Class A |
Class C |
Class I |
Class R6 |
|
|
Investment Advisory Fees |
1.00% |
1.00% |
1.00% |
1.00% |
|
|
Distribution and Shareholder Servicing (12b-1) Fees |
0.25% |
1.00% |
None |
None |
|
|
Other Expenses(b) |
0.42% |
0.38% |
0.32% |
0.22% |
|
|
Total Annual Fund Operating Expenses |
1.67% |
2.38% |
1.32% |
1.22% |
|
|
Less: Fee Waiver and/or Expense Reimbursement(c) |
(0.21)% |
(0.17)% |
(0.11)% |
(0.24)% |
|
|
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement(c) |
1.46% |
2.21% |
1.21% |
0.98% |
|
|
(a) |
The deferred sales charge is imposed on Class C Shares redeemed during the first year only. |
|
(b) |
Not included in the table are extraordinary expenses. If such amounts were reflected in this table, the Other Expenses would have been 0.44% for Class A Shares, 0.40% for Class C Shares, 0.34% for Class I Shares and 0.24% for Class R6 Shares. |
|
(c) |
The fund's investment adviser has contractually agreed to limit the fund's total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, unusual or infrequently occurring expenses (such as litigation), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 1.46% for Class A Shares, 2.21% for Class C Shares, 1.21% for Class I Shares and 0.98% for Class R6 Shares through January 31, 2027. Prior to January 31, 2027, only the fund's Board may modify or terminate the expense limitation agreement. Following the contractual period, the adviser may discontinue these expense reimbursement arrangements at any time. Under certain conditions, the adviser may recapture operating expenses reimbursed and/or fees waived under these arrangements for a period of three years following the date such waiver or reimbursement occurred, provided that the recapture does not cause the fund to exceed its expense limit in effect at the time of the waiver or reimbursement, and any in effect at the time of recapture, after repayment is taken into account. |
Under "Fees and Expenses," the "Example" table will be replaced with the following:
Example
|
Class |
Share Status |
1 Year |
3 Years |
5 Years |
10 Years |
||||
|
Class A |
Sold or Held |
$690 |
$1,026 |
$1,387 |
$2,399 |
||||
|
Class C |
Sold |
$324 |
$724 |
$1,253 |
$2,702 |
||||
|
Held |
$224 |
$724 |
$1,253 |
$2,702 |
|||||
|
Class I |
Sold or Held |
$123 |
$406 |
$712 |
$1,580 |
||||
|
Class R6 |
Sold or Held |
$100 |
$361 |
$645 |
$1,454 |
||||
-- End of Supplement Data --
In the first table in the section "More Information About Fund Expenses" on page 66 of the statutory prospectus, the row corresponding to the Fund will be replaced with the following and the footnote will appear after the table as shown below:
|
Class A Shares |
Class C Shares |
Class C1 Shares |
Class I Shares |
Class R6 Shares |
|
|
Virtus SGA Emerging Markets Equity Fund(**) |
1.46% |
2.21% |
N/A |
1.21% |
0.98% |
(**) Contractual through January 31, 2027.
Investors should retain this supplement with the Prospectuses for future reference.
VOT 8020 SGA EM Equity Expense Cap Reductions (12/25)
Virtus Stone Harbor Emerging Markets Bond Fund
(the "Fund"),
a series of Virtus Opportunities Trust
Supplement dated December 15, 2025 to the Fund's Summary Prospectus
and the Virtus Opportunities Trust Statutory Prospectus applicable to the Fund,
each dated September 29, 2025
IMPORTANT NOTICE TO INVESTORS
Effective January 1, 2026, the Fund's investment adviser will implement new expense limitation arrangements to further limit the Fund's expenses and will extend the term of the expense limitation arrangements for both of the Fund's classes of shares. The resulting changes to the Fund's prospectuses are described in more detail below.
-- End of Supplement Text --
Under "Fees and Expenses" in the Fund's summary prospectus and the summary section of the statutory prospectus, the "Shareholder Fees" and "Annual Fund Operating Expenses" tables and associated footnotes will be replaced with the following:
Fees and Expenses
|
Shareholder Fees (fees paid directly from your investment) |
Class A |
Class I |
|
|
Maximum Sales Charge (load) Imposed on Purchases (as a percentage of offering price) |
3.75% |
None |
|
|
Maximum Deferred Sales Charge (load) (as a percentage of the lesser of purchase price or redemption proceeds) |
None |
None |
|
|
Annual Fund Operating Expenses (expenses that you pay each year as |
Class A |
Class I |
|
|
Investment Advisory Fees |
0.85% |
0.85% |
|
|
Distribution and Shareholder Servicing (12b-1) Fees |
0.25% |
None |
|
|
Other Expenses |
1.85% |
1.74% |
|
|
Total Annual Fund Operating Expenses |
2.95% |
2.59% |
|
|
Less: Fee Waiver and/or Expense Reimbursement(a) |
(1.81)% |
(1.70)% |
|
|
Total Annual Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement(a) |
1.14% |
0.89% |
|
|
(a) |
The fund's investment adviser has contractually agreed to limit the fund's total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, expenses incurred in connection with any merger or reorganization, unusual or infrequently occurring expenses (such as litigation), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 1.14% for Class A Shares and 0.89% for Class I Shares through September 30, 2027. Prior to September 30, 2027, only the fund's Board may modify or terminate the expense limitation agreement. Following the contractual period, the adviser may discontinue these expense reimbursement arrangements at any time. Under certain conditions, the adviser may recapture operating expenses reimbursed and/or fees waived under these arrangements for a period of three years following the date such waiver or reimbursement occurred, provided that the recapture does not cause the fund to exceed its expense limit in effect at the time of the waiver or reimbursement, and any in effect at the time of recapture, after repayment is taken into account. |
Under "Fees and Expenses," the "Example" table will be replaced with the following:
Example
|
Class |
Share Status |
1 Year |
3 Years |
5 Years |
10 Years |
||||
|
Class A |
Sold or Held |
$487 |
$958 |
$1,593 |
$3,298 |
||||
|
Class I |
Sold or Held |
$91 |
$514 |
$1,100 |
$2,695 |
||||
-- End of Supplement Data --
In the first table in the section "More Information About Fund Expenses" on page 14 of the statutory prospectus, the row corresponding to the Fund will be replaced with the following and the footnote will appear after the table as shown below:
|
Class A Shares |
Class I Shares |
|
|
Virtus Stone Harbor Emerging Markets Bond Fund(*) |
1.14% |
0.89% |
(*) Contractual through September 30, 2027.
Investors should retain this supplement with the Prospectuses for future reference.
VOT 8470 SHIP EM Bond Expense Cap Reduction (12/25)
Virtus SGA Emerging Markets Equity Fund
(the "Fund"),
a series of Virtus Opportunities Trust
Supplement dated December 15, 2025 to the Fund's
Statement of Additional Information ("SAI") applicable to the Fund,
dated January 28, 2025
IMPORTANT NOTICE TO INVESTORS
Effective January 1, 2026, the Fund's investment adviser will implement new expense limitation arrangements to further limit the Fund's expenses and will extend the term of the expense limitation arrangements for all of the Fund's classes of shares. The resulting changes to the Fund's SAI are described in more detail below.--
In the table on page 71 of the Fund's SAI, the row corresponding to the Fund will be replaced with the following and associated footnote will appear after the table as shown below:
|
Fund |
Class A |
Class C |
Class C1 |
Class I |
Class R6 |
|
EM Equity Fund(*) |
1.46% |
2.21% |
N/A |
1.21% |
0.98% |
(*) Contractual through January 31, 2027.
Investors should retain this supplement with the SAI for future reference.
VOT 8020B EM Equity Expense Cap Reduction (12/25)
Virtus Stone Harbor Emerging Markets Bond Fund
(the "Fund"),
a series of Virtus Opportunities Trust
Supplement dated December 15, 2025 to the Fund's
Statement of Additional Information ("SAI") applicable to the Fund,
dated September 29, 2025
IMPORTANT NOTICE TO INVESTORS
Effective January 1, 2026, the Fund's investment adviser will implement new expense limitation arrangements to further limit the Fund's expenses and will extend the term of the expense limitation arrangements for both of the Fund's classes of shares. The resulting changes to the Fund's SAI are described in more detail below.--
In the table setting forth expense limitation arrangements on page 62 of the Fund's SAI, the row corresponding to the Fund will be replaced with the following:
|
Fund |
Class A |
Class I |
|
EM Bond Fund(*) |
1.14% |
0.89% |
(*) Contractual through September 30, 2027.
Investors should retain this supplement with the SAI for future reference.
VOT 8470B SHIP EM Bond Expense Cap Reduction (12/25)
Virtus Opportunities Trust published this content on December 15, 2025, and is solely responsible for the information contained herein. Distributed via Edgar on December 15, 2025 at 13:55 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]