# EDGAR Filing Document

**Accession Number:** 0001005020
**File Stem:** 0000940400-26-022097
**Filing Date:** 2026-5
**Character Count:** 19711
**Document Hash:** 294155e95f281bdbf48583dfcd992cb1
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022097.hdr.sgml**: 20260529

**ACCESSION NUMBER**: 0000940400-26-022097

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260529

**DATE AS OF CHANGE**: 20260529

**PERIOD START**: 20260930

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VIRTUS OPPORTUNITIES TRUST
- **CENTRAL INDEX KEY:** 0001005020

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07455
- **FILM NUMBER:** 261043096

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STREET
- **CITY:** GREENFIELD
- **STATE:** MA
- **ZIP:** 01301
- **BUSINESS PHONE:** 800-243-1574

**MAIL ADDRESS:**
- **STREET 1:** ONE FINANCIAL PLAZA
- **STREET 2:** 26TH FLOOR
- **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

### Virtus KAR Developing Markets Fund (Series ID: S000072168)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000227965 | Class I      | VIDMX           |
| C000227966 | Class R6     | VDMRX           |
| C000227967 | Class A      | VDMAX           |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Virtus Opportunities Trust

- **b. Investment Company Act file number:** 811-07455

- **c. CIK number of Registrant:** 0001005020

- **d. LEI of Registrant:** 549300O4C4QVD88M4N75

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 101 Munson Street

  - **City:** Greenfield

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 01301-9668

  - **Telephone number:** 800-243-1574

**Item A.2. Information about the Series.**

- **a. Name of Series:** Virtus KAR Developing Markets Fund

- **b. EDGAR series identifier (if any):** S000072168

- **c. LEI of Series:** 549300X88W856X7L4E48

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2026-09-30

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $3709221.75

**Total Liabilities:** $42030.81

**Net Assets:** $3667190.94

**Cash Not Reported:** $100140.94

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000227967 | 7.13%                | 2.22%                | -8.07%               |
| Class ID C000227966 | 7.07%                | 2.29%                | -8.00%               |
| Class ID C000227965 | 7.03%                | 2.31%                | -8.07%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7250.59                | $318215.53                                 |
| Month 2  | $134359.76               | $-18957.21                                 |
| Month 3  | $129051.67               | $-509663.51                                |

### Schedule of Portfolio Investments

| Name                                                       | Title                                                      | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HD Hyundai Marine Solution Co Ltd.                         | HD Hyundai Marine Solution Co Ltd. KRW500                  | CUSIP: 000000000<br>LEI: 988400NV4TGR7O3GJM74 | Long             | EC               | CORP              | KR        |       627 | NS      | $77418.96     | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| RIVERSTONE HOLDINGS LTD                                    | Riverstone Holding Ltd. NPV                                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |    169500 | NS      | $90619.42     | 2.47%             |  |  |  | No            |                  2 | On Loan: No      |
| ALIBABA GROUP HOLDING LTD                                  | Alibaba Group Holding Ltd. SPONSORED ADS                   | CUSIP: 01609W102<br>LEI: 5493001NTNQJDH60PM02 | Long             | EC               | CORP              | KY        |       357 | NS      | $44789.22     | 1.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Allegro.eu SA                                              | Allegro.eu SA PLN0.01                                      | CUSIP: 000000000<br>LEI: 222100VRLXV3FPMG4982 | Long             | EC               | CORP              | LU        |      7188 | NS      | $51595.23     | 1.41%             |  |  |  | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management Funds                   | Dreyfus Government Cash Management Funds SH BEN INT        | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    125072 | NS      | $125071.58    | 3.41%             |  |  |  | No            |                  1 | On Loan: No      |
| Caixa Seguridade Participacoes SA                          | Caixa Seguridade Participacoes SA COM NPV                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     53243 | NS      | $187280.99    | 5.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co., Ltd.               | Taiwan Semiconductor Manufacturing Co., Ltd. SPONSORED ADS | CUSIP: 874039100<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |      1039 | NS      | $351130.05    | 9.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Tegma Gestao Logistica SA                                  | Tegma Gestao Logistica SA COM NPV                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     12390 | NS      | $74653.11     | 2.04%             |  |  |  | No            |                  1 | On Loan: No      |
| BBB Foods Inc                                              | BBB Foods Inc CL A COM                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |      2709 | NS      | $95817.33     | 2.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Bank Central Asia Tbk PT                                   | Bank Central Asia Tbk PT IDR12.50                          | CUSIP: 000000000<br>LEI: 254900BR956G2OHVOM21 | Long             | EC               | CORP              | ID        |    237000 | NS      | $91548.60     | 2.50%             |  |  |  | No            |                  2 | On Loan: No      |
| Kfin Technologies Ltd.                                     | Kfin Technologies Ltd. INR10                               | CUSIP: 000000000<br>LEI: 335800GNCGJJ76Z17N17 | Long             | EC               | CORP              | IN        |      2594 | NS      | $24337.37     | 0.66%             |  |  |  | No            |                  2 | On Loan: No      |
| NICE INFORMATION SERVICE COMPANY LTD                       | Nice Information Service Co Ltd KRW500                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      8088 | NS      | $85262.47     | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| LEENO INDUSTRIAL INC                                       | Leeno Industrial KRW100                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |       535 | NS      | $34864.09     | 0.95%             |  |  |  | No            |                  2 | On Loan: No      |
| Precision Tsugami (China) Corp Ltd                         | Precision Tsugami (China) Corp Ltd HKD1                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |     20200 | NS      | $89096.75     | 2.43%             |  |  |  | No            |                  2 | On Loan: No      |
| VAT Group AG                                               | VAT Group AG CHF0.10 (REGD)                                | CUSIP: 000000000<br>LEI: 529900MVFK7NVALR7Y83 | Long             | EC               | CORP              | CH        |        98 | NS      | $61136.49     | 1.67%             |  |  |  | No            |                  2 | On Loan: No      |
| Qualitas Controladora Sab De CV                            | Qualitas Controladora Sab De CV COM NPV CLASS 'I'          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |      4303 | NS      | $41289.40     | 1.13%             |  |  |  | No            |                  1 | On Loan: No      |
| Sporton International Inc                                  | Sporton International Inc TWD10                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     17000 | NS      | $102209.71    | 2.79%             |  |  |  | No            |                  2 | On Loan: No      |
| TENCENT HOLDINGS LTD                                       | Tencent Holdings Ltd. HKD0.00002                           | CUSIP: 000000000<br>LEI: 254900N4SLUMW4XUYY11 | Long             | EC               | CORP              | KY        |      2100 | NS      | $132452.00    | 3.61%             |  |  |  | No            |                  2 | On Loan: No      |
| CORPORACION MOCTEZUMA SAB DE CV                            | Corp Moctezuma Sab COM NPV                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     38271 | NS      | $172062.56    | 4.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Arca Continental S.A.B. de C.V.                            | Arca Continental S.A.B. de C.V. COM NPV                    | CUSIP: 000000000<br>LEI: 254900U2BSJCQHJCXN24 | Long             | EC               | CORP              | MX        |     10679 | NS      | $123008.40    | 3.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Jack Technology Co Ltd                                     | Jack Technology Co Ltd A CNY1                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |     11900 | NS      | $66236.91     | 1.81%             |  |  |  | No            |                  2 | On Loan: No      |
| PT Avia Avian Tbk                                          | PT Avia Avian Tbk IDR10                                    | CUSIP: 000000000<br>LEI: 2549006YBXNWWWTP2773 | Long             | EC               | CORP              | ID        |   2960000 | NS      | $63937.36     | 1.74%             |  |  |  | No            |                  2 | On Loan: No      |
| Epiroc AB                                                  | Epiroc AB SER'B'NPV                                        | CUSIP: 000000000<br>LEI: 5493004Q73OEYW1SPE91 | Long             | EC               | CORP              | SE        |      5926 | NS      | $126944.20    | 3.46%             |  |  |  | No            |                  2 | On Loan: No      |
| GPS Participacoes e Empreendimentos SA                     | GPS Participacoes e Empreendimentos SA COM NPV             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     43564 | NS      | $139358.38    | 3.80%             |  |  |  | No            |                  1 | On Loan: No      |
| WAL-MART DE MEXICO SAB DE CV (WAL-MART DE MEXICO SA DE CV) | Wal-Mart De Mexico COM NPV                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MX        |     28691 | NS      | $93550.30     | 2.55%             |  |  |  | No            |                  1 | On Loan: No      |
| GFC LTD                                                    | Golden Friends Co TWD10                                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     14408 | NS      | $52847.77     | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| UNION AUCTION PCL                                          | Union Auction Public Co Ltd THB0.25(ALIEN)                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |    379200 | NS      | $57619.16     | 1.57%             |  |  |  | No            |                  2 | On Loan: No      |
| S1 CORP (KR)                                               | S-1 Corporation KRW500                                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1006 | NS      | $58073.65     | 1.58%             |  |  |  | No            |                  2 | On Loan: No      |
| Computer Age Management Services Ltd                       | Computer Age Management Services Ltd INR2(POST SUBD)       | CUSIP: 000000000<br>LEI: 33580012MDHMBHWN5Z06 | Long             | EC               | CORP              | IN        |     10017 | NS      | $66901.60     | 1.82%             |  |  |  | No            |                  2 | On Loan: No      |
| LUMAX INTERNATIONAL CORP LTD                               | Lumax International Corp TWD10                             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |      2000 | NS      | $7307.49      | 0.20%             |  |  |  | No            |                  2 | On Loan: No      |
| HUMANICA PCL                                               | Humanica Public Company Limited THB0.5 (ALIEN)             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |     93100 | NS      | $11686.40     | 0.32%             |  |  |  | No            |                  2 | On Loan: No      |
| Ferreycorp S A A                                           | Ferreycorp S A A PEN1                                      | CUSIP: 000000000<br>LEI: 529900LVRQMD6PSRZA32 | Long             | EC               | CORP              | PE        |    127389 | NS      | $150089.05    | 4.09%             |  |  |  | No            |                  1 | On Loan: No      |
| CREDIT BUREAU ASIA LTD                                     | Credit Bureau Asia Ltd. NPV ORD                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |     80200 | NS      | $77541.24     | 2.11%             |  |  |  | No            |                  2 | On Loan: No      |
| SARANA MENARA NUSANTARA TBK                                | Sarana Menara Nusantara Tbk PT IDR10                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |   2056400 | NS      | $59388.57     | 1.62%             |  |  |  | No            |                  2 | On Loan: No      |
| BRBI BR Partners SA                                        | BRBI BR Partners SA UNITS (1 COM & 2 PRF)                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |     22231 | NS      | $82918.02     | 2.26%             |  |  |  | No            |                  1 | On Loan: No      |
| WULIANGYE YIBIN CO LTD                                     | Wuliangye Yibin Co Ltd. 'A'CNY1                            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |      2500 | NS      | $37542.14     | 1.02%             |  |  |  | No            |                  2 | On Loan: No      |
| ESAB Corp.                                                 | ESAB Corp. COM                                             | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |       507 | NS      | $49006.62     | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| Kaspi.Kz JSC                                               | Kaspi.Kz JSC SPONSORED ADS                                 | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |       772 | NS      | $57182.04     | 1.56%             |  |  |  | No            |                  1 | On Loan: No      |
| JVM CO LTD                                                 | Jvm KRW500                                                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |      1828 | NS      | $28529.35     | 0.78%             |  |  |  | No            |                  2 | On Loan: No      |
| Optima Bank S.A.                                           | Optima Bank S.A. EUR1.15                                   | CUSIP: 000000000<br>LEI: 2138008NSD1X1XFUK750 | Long             | EC               | CORP              | GR        |      5511 | NS      | $54307.18     | 1.48%             |  |  |  | No            |                  2 | On Loan: No      |
| HAITIAN INTERNATIONAL HOLDINGS LTD                         | Haitian International Holdings Limited HKD0.10             | CUSIP: 000000000<br>LEI: 30030093DDRS825TVP62 | Long             | EC               | CORP              | KY        |     31066 | NS      | $80722.77     | 2.20%             |  |  |  | No            |                  2 | On Loan: No      |
| HEINEKEN MALAYSIA BHD                                      | Heiniken Malaysia Berhad MYR0.50                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |     19200 | NS      | $108290.29    | 2.95%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** Virtus Opportunities Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer