Shareholder Report | 6 Months Ended |
Nov. 30, 2024 USD ($) Holding |
Shareholder Report [Line Items] | |
Document Type | N-CSRS |
Amendment Flag | false |
Registrant Name | Virtus Opportunities Trust |
Entity Central Index Key | 0001005020 |
Entity Investment Company Type | N-1A |
Document Period End Date | Nov. 30, 2024 |
C000234173 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Virtus Stone Harbor Emerging Markets Bond Fund |
Class Name | Class A |
Trading Symbol | VSHAX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Virtus Stone Harbor Emerging Markets Bond Fund (“Fund”) for the period of June 1, 2024 to November 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.virtus.com/investor-resources/mutual-fund-documents |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred from the beginning of the reporting period through the date of issuance of this report. |
Additional Information Phone Number | 1‑800‑243‑1574 |
Additional Information Website | https://www.virtus.com/investor-resources/mutual-fund-documents |
Expenses [Text Block] | What were the Fund costs for the last six months? (Based on a hypothetical $10,000 investment) Fund (Class) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Virtus Stone Harbor Emerging Markets Bond Fund $ 1.25 % |
Expenses Paid, Amount | $ 64 |
Expense Ratio, Percent | 1.25% |
Material Change Date | Jan. 01, 2025 |
Net Assets | $ 7,227,000 |
Holdings Count | Holding | 152 |
Investment Company Portfolio Turnover | 28% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of November 30, 2024) Fund net assets (‘000s) $ Total number of portfolio holdings 152 Portfolio turnover rate as of the end of the reporting period 28 % |
Holdings [Text Block] | Asset Allocation (1) Corporate Bonds and Notes 99 % Financial & Lease 21 % Electric 16 % Exploration & Production 12 % Wireless 6 % Chemicals 6 % Metals, Mining & Steel 5 % Gaming 5 % Midstream 4 % Retail Food & Drug 3 % Services Other 3 % All other Corporate Bonds and Notes 18 % Short-Term Investment 1 Total 100 % (1) Percentage of total investments as of November 30, 2024. |
Material Fund Change [Text Block] | Material Fund Changes Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. No changes have been made to (i) the investment advisory fee rates payable by the Fund or (ii) the Fund’s subadviser or the portfolio managers managing the Fund. Effective January 1, 2025, a new expense limitation of 1.20% went into effect for Class A shares. |
Material Fund Change Expenses [Text Block] | Effective January 1, 2025, a new expense limitation of 1.20% went into effect for Class A shares. |
Material Fund Change Adviser [Text Block] | Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. |
C000234172 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Virtus Stone Harbor Emerging Markets Bond Fund |
Class Name | Class I |
Trading Symbol | SHCDX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Virtus Stone Harbor Emerging Markets Bond Fund (“Fund”) for the period of June 1, 2024 to November 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.virtus.com/investor-resources/mutual-fund-documents |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred from the beginning of the reporting period through the date of issuance of this report. |
Additional Information Phone Number | 1‑800‑243‑1574 |
Additional Information Website | https://www.virtus.com/investor-resources/mutual-fund-documents |
Expenses [Text Block] | What were the Fund costs for the last six months? (Based on a hypothetical $10,000 investment) Fund (Class) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Virtus Stone Harbor Emerging Markets Bond Fund $ 1.01 % |
Expenses Paid, Amount | $ 52 |
Expense Ratio, Percent | 1.01% |
Material Change Date | Jan. 01, 2025 |
Net Assets | $ 7,227,000 |
Holdings Count | Holding | 152 |
Investment Company Portfolio Turnover | 28% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of November 30, 2024) Fund net assets (‘000s) $ Total number of portfolio holdings 152 Portfolio turnover rate as of the end of the reporting period 28 % |
Holdings [Text Block] | Asset Allocation (1) Corporate Bonds and Notes 99 % Financial & Lease 21 % Electric 16 % Exploration & Production 12 % Wireless 6 % Chemicals 6 % Metals, Mining & Steel 5 % Gaming 5 % Midstream 4 % Retail Food & Drug 3 % Services Other 3 % All other Corporate Bonds and Notes 18 % Short-Term Investment 1 Total 100 % (1) Percentage of total investments as of November 30, 2024. |
Material Fund Change [Text Block] | Material Fund Changes Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. No changes have been made to (i) the investment advisory fee rates payable by the Fund or (ii) the Fund’s subadviser or the portfolio managers managing the Fund. Effective January 1, 2025, a new expense limitation of 0.95% went into effect for Class I shares. |
Material Fund Change Expenses [Text Block] | Effective January 1, 2025, a new expense limitation of 0.95% went into effect for Class I shares. |
Material Fund Change Adviser [Text Block] | Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. |
C000234177 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Virtus Stone Harbor Emerging Markets Debt Income Fund |
Class Name | Class A |
Trading Symbol | VSHCX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Virtus Stone Harbor Emerging Markets Debt Income Fund (“Fund”) for the period of June 1, 2024 to November 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.virtus.com/investor-resources/mutual-fund-documents |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred from the beginning of the reporting period through the date of issuance of this report. |
Additional Information Phone Number | 1‑800‑243‑1574 |
Additional Information Website | https://www.virtus.com/investor-resources/mutual-fund-documents |
Expenses [Text Block] | What were the Fund costs for the last six months? (Based on a hypothetical $10,000 investment) Fund (Class) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Virtus Stone Harbor Emerging Markets Debt Income Fund $ 1.00 % |
Expenses Paid, Amount | $ 52 |
Expense Ratio, Percent | 1% |
Material Change Date | Jan. 01, 2025 |
Net Assets | $ 269,685,000 |
Holdings Count | Holding | 300 |
Investment Company Portfolio Turnover | 61% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of November 30, 2024) Fund net assets (‘000s) $ Total number of portfolio holdings 300 Portfolio turnover rate as of the end of the reporting period 61 % |
Holdings [Text Block] | Asset Allocation (1) Foreign Government Securities 78 % Corporate Bonds and Notes 19 % Exploration & Production 8 % Electric 3 % Financial & Lease 2 % All other Corporate Bonds and Notes 6 % Affiliated Mutual Funds 2 % Credit Linked Notes 1 % Total 100 % (1) Percentage of total investments as of November 30, 2024. |
Material Fund Change [Text Block] | Material Fund Changes Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. No changes have been made to (i) the investment advisory fee rates payable by the Fund or (ii) the Fund’s subadviser or the portfolio managers managing the Fund. |
Material Fund Change Adviser [Text Block] | Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. |
C000234176 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Virtus Stone Harbor Emerging Markets Debt Income Fund |
Class Name | Class I |
Trading Symbol | SHMDX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Virtus Stone Harbor Emerging Markets Debt Income Fund (“Fund”) for the period of June 1, 2024 to November 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.virtus.com/investor-resources/mutual-fund-documents |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred from the beginning of the reporting period through the date of issuance of this report. |
Additional Information Phone Number | 1‑800‑243‑1574 |
Additional Information Website | https://www.virtus.com/investor-resources/mutual-fund-documents |
Expenses [Text Block] | What were the Fund costs for the last six months? (Based on a hypothetical $10,000 investment) Fund (Class) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Virtus Stone Harbor Emerging Markets Debt Income Fund $ 0.72 % |
Expenses Paid, Amount | $ 37 |
Expense Ratio, Percent | 0.72% |
Material Change Date | Jan. 01, 2025 |
Net Assets | $ 269,685,000 |
Holdings Count | Holding | 300 |
Investment Company Portfolio Turnover | 61% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of November 30, 2024) Fund net assets (‘000s) $ Total number of portfolio holdings 300 Portfolio turnover rate as of the end of the reporting period 61 % |
Holdings [Text Block] | Asset Allocation (1) Foreign Government Securities 78 % Corporate Bonds and Notes 19 % Exploration & Production 8 % Electric 3 % Financial & Lease 2 % All other Corporate Bonds and Notes 6 % Affiliated Mutual Funds 2 % Credit Linked Notes 1 % Total 100 % (1) Percentage of total investments as of November 30, 2024. |
Material Fund Change [Text Block] | Material Fund Changes Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. No changes have been made to (i) the investment advisory fee rates payable by the Fund or (ii) the Fund’s subadviser or the portfolio managers managing the Fund. |
Material Fund Change Adviser [Text Block] | Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. |
C000234181 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Virtus Stone Harbor Local Markets Fund |
Class Name | Class A |
Trading Symbol | VSHEX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Virtus Stone Harbor Local Markets Fund (“Fund”) for the period of June 1, 2024 to November 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.virtus.com/investor-resources/mutual-fund-documents |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred from the beginning of the reporting period through the date of issuance of this report. |
Additional Information Phone Number | 1‑800‑243‑1574 |
Additional Information Website | https://www.virtus.com/investor-resources/mutual-fund-documents |
Expenses [Text Block] | What were the Fund costs for the last six months? (Based on a hypothetical $10,000 investment) Fund (Class) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Virtus Stone Harbor Local Markets Fund $ 1.25 % |
Expenses Paid, Amount | $ 63 |
Expense Ratio, Percent | 1.25% |
Material Change Date | Jan. 01, 2025 |
Net Assets | $ 9,673,000 |
Holdings Count | Holding | 54 |
Investment Company Portfolio Turnover | 44% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of November 30, 2024) Fund net assets (‘000s) $ Total number of portfolio holdings 54 Portfolio turnover rate as of the end of the reporting period 44 % |
Holdings [Text Block] | Asset Allocation (1) Foreign Government Securities 97 % Corporate Bonds and Notes 3 % Financial & Lease 3 % Total 100 % (1) Percentage of total investments as of November 30, 2024. |
Material Fund Change [Text Block] | Material Fund Changes Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. No changes have been made to (i) the investment advisory fee rates payable by the Fund or (ii) the Fund’s subadviser or the portfolio managers managing the Fund. |
Material Fund Change Adviser [Text Block] | Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. |
C000234180 [Member] | |
Shareholder Report [Line Items] | |
Fund Name | Virtus Stone Harbor Local Markets Fund |
Class Name | Class I |
Trading Symbol | SHLMX |
Annual or Semi-Annual Statement [Text Block] | This semi-annual shareholder report contains important information about the Virtus Stone Harbor Local Markets Fund (“Fund”) for the period of June 1, 2024 to November 30, 2024. |
Shareholder Report Annual or Semi-Annual | semi-annual shareholder report |
Additional Information [Text Block] | You can find additional information about the Fund at https://www.virtus.com/investor-resources/mutual-fund-documents |
Material Fund Change Notice [Text Block] | This report describes changes to the Fund that occurred from the beginning of the reporting period through the date of issuance of this report. |
Additional Information Phone Number | 1‑800‑243‑1574 |
Additional Information Website | https://www.virtus.com/investor-resources/mutual-fund-documents |
Expenses [Text Block] | What were the Fund costs for the last six months? (Based on a hypothetical $10,000 investment) Fund (Class) Costs of a $10,000 investment Costs paid as a percentage of a $10,000 investment Virtus Stone Harbor Local Markets Fund $ 1.00 % |
Expenses Paid, Amount | $ 50 |
Expense Ratio, Percent | 1% |
Material Change Date | Jan. 01, 2025 |
Net Assets | $ 9,673,000 |
Holdings Count | Holding | 54 |
Investment Company Portfolio Turnover | 44% |
Additional Fund Statistics [Text Block] | KEY FUND STATISTICS (as of November 30, 2024) Fund net assets (‘000s) $ Total number of portfolio holdings 54 Portfolio turnover rate as of the end of the reporting period 44 % |
Holdings [Text Block] | Asset Allocation (1) Foreign Government Securities 97 % Corporate Bonds and Notes 3 % Financial & Lease 3 % Total 100 % (1) Percentage of total investments as of November 30, 2024. |
Material Fund Change [Text Block] | Material Fund Changes Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. No changes have been made to (i) the investment advisory fee rates payable by the Fund or (ii) the Fund’s subadviser or the portfolio managers managing the Fund. |
Material Fund Change Adviser [Text Block] | Effective January 1, 2025, Virtus Investment Advisers, LLC (“VIA”) has replaced Virtus Alternative Investment Advisers, Inc. (“VAIA”) as the investment adviser to the Fund. As a result, also effective January 1, 2025, VAIA’s rights and obligations under the investment advisory, subadvisory and expense limitation agreements for Virtus Opportunities Trust have been transferred to, and assumed by, VIA. Both VIA and VAIA are wholly owned indirect subsidiaries of Virtus Investment Partners, Inc. |