# EDGAR Filing Document

**Accession Number:** 0001005020
**File Stem:** 0000940400-26-022781
**Filing Date:** 2026-6
**Character Count:** 19184
**Document Hash:** 79210a6ce0eb6b1ac25813a15bad5009
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-022781.hdr.sgml**: 20260601

**ACCESSION NUMBER**: 0000940400-26-022781

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260601

**DATE AS OF CHANGE**: 20260601

**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:** 261048435

**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 Emerging Markets Small-Cap Fund (Series ID: S000042963)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000133101 | Class A      | VAESX           |
| C000133102 | Class C      | VCESX           |
| C000133103 | Class I      | VIESX           |
| C000215024 | Class R6     | VRESX           |

## 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 Emerging Markets Small-Cap Fund

- **b. EDGAR series identifier (if any):** S000042963

- **c. LEI of Series:** 549300DEI7G35IDMI554

**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:** $341710849.28

**Total Liabilities:** $4734742.16

**Net Assets:** $336976107.12

**Cash Not Reported:** $8059525.31

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000133103 | 6.85%                | 1.72%                | -8.04%               |
| Class ID C000133102 | 6.72%                | 1.65%                | -8.11%               |
| Class ID C000133101 | 6.84%                | 1.67%                | -8.05%               |
| Class ID C000215024 | 6.89%                | 1.70%                | -8.01%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $4105835.80              | $18137352.88                               |
| Month 2  | $11053047.37             | $-4416393.17                               |
| Month 3  | $5900547.67              | $-35767995.16                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BBB Foods Inc                            | BBB Foods Inc CL A COM                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | VG        |    227615 | NS      | $8050742.55   | 2.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Addcn Technology Co Ltd                  | Addcn Technology Co Ltd TWD10                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    834324 | NS      | $4330505.01   | 1.29%             |  |  |  | No            |                  2 | On Loan: No      |
| Allegro.eu SA                            | Allegro.eu SA PLN0.01                                | CUSIP: 000000000<br>LEI: 222100VRLXV3FPMG4982 | Long             | EC               | CORP              | LU        |   1356001 | NS      | $9733331.12   | 2.89%             |  |  |  | No            |                  2 | On Loan: No      |
| LUMAX INTERNATIONAL CORP LTD             | Lumax International Corp TWD10                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1242000 | NS      | $4537953.05   | 1.35%             |  |  |  | No            |                  2 | On Loan: No      |
| HAITIAN INTERNATIONAL HOLDINGS LTD       | Haitian International Holdings Limited HKD0.10       | CUSIP: 000000000<br>LEI: 30030093DDRS825TVP62 | Long             | EC               | CORP              | KY        |   3936218 | NS      | $10227980.25  | 3.04%             |  |  |  | No            |                  2 | On Loan: No      |
| VAT Group AG                             | VAT Group AG CHF0.10 (REGD)                          | CUSIP: 000000000<br>LEI: 529900MVFK7NVALR7Y83 | Long             | EC               | CORP              | CH        |     11298 | NS      | $7048164.29   | 2.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Kerry Tj Logistics Company Ltd           | Kerry Tj Logistics Company Ltd TWD10                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1642000 | NS      | $1584032.52   | 0.47%             |  |  |  | No            |                  2 | On Loan: No      |
| HD Hyundai Marine Solution Co Ltd.       | HD Hyundai Marine Solution Co Ltd. KRW500            | CUSIP: 000000000<br>LEI: 988400NV4TGR7O3GJM74 | Long             | EC               | CORP              | KR        |     48665 | NS      | $6008921.29   | 1.78%             |  |  |  | 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        |  31854400 | NS      | $4840252.90   | 1.44%             |  |  |  | No            |                  2 | On Loan: No      |
| ESAB Corp.                               | ESAB Corp. COM                                       | CUSIP: 29605J106<br>LEI: 549300ZNV0SWBXEIWT04 | Long             | EC               | CORP              | US        |     53171 | NS      | $5139508.86   | 1.53%             |  |  |  | No            |                  1 | On Loan: No      |
| HEINEKEN MALAYSIA BHD                    | Heiniken Malaysia Berhad MYR0.50                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | MY        |   2141900 | NS      | $12080571.50  | 3.58%             |  |  |  | No            |                  2 | On Loan: No      |
| LEENO INDUSTRIAL INC                     | Leeno Industrial KRW100                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |     47813 | NS      | $3115806.55   | 0.92%             |  |  |  | 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        |    939773 | NS      | $6276561.31   | 1.86%             |  |  |  | No            |                  2 | On Loan: No      |
| Kaspi.Kz JSC                             | Kaspi.Kz JSC SPONSORED ADS                           | CUSIP: 48581R205<br>LEI: 2549003YU6FARG8OAZ13 | Long             | EC               | CORP              | KZ        |     61759 | NS      | $4574489.13   | 1.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Clicks Group Ltd.                        | Clicks Group Ltd. ZAR0.01                            | CUSIP: 000000000<br>LEI: 378900E967958A677472 | Long             | EC               | CORP              | ZA        |    386565 | NS      | $6657918.93   | 1.98%             |  |  |  | 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        |    938416 | NS      | $9892639.26   | 2.94%             |  |  |  | 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        |   1865128 | NS      | $6956624.80   | 2.06%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferreycorp S A A                         | Ferreycorp S A A PEN1                                | CUSIP: 000000000<br>LEI: 529900LVRQMD6PSRZA32 | Long             | EC               | CORP              | PE        |   5668680 | NS      | $6678809.16   | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| ANHUI GUJING DISTILLERY CO LTD           | Anhui Gujing Distillery Co Ltd. 'B'CNY1              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    412309 | NS      | $3691488.31   | 1.10%             |  |  |  | No            |                  2 | On Loan: No      |
| Optima Bank S.A.                         | Optima Bank S.A. EUR1.15                             | CUSIP: 000000000<br>LEI: 2138008NSD1X1XFUK750 | Long             | EC               | CORP              | GR        |    687978 | NS      | $6779558.12   | 2.01%             |  |  |  | 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        |    741642 | NS      | $3271182.80   | 0.97%             |  |  |  | No            |                  2 | On Loan: No      |
| Carlsberg Brwry(M)                       | Carlsberg Brwry(M) NPV                               | CUSIP: 000000000<br>LEI: 5493003SDA6PQJEKHM83 | Long             | EC               | CORP              | MY        |   1255000 | NS      | $5243975.50   | 1.56%             |  |  |  | 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        |  30653878 | NS      | $30653877.56  | 9.10%             |  |  |  | No            |                  1 | On Loan: No      |
| S1 CORP (KR)                             | S-1 Corporation KRW500                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    207617 | NS      | $11985166.43  | 3.56%             |  |  |  | No            |                  2 | On Loan: No      |
| Jack Technology Co Ltd                   | Jack Technology Co Ltd A CNY1                        | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |   1115973 | NS      | $6211646.87   | 1.84%             |  |  |  | No            |                  2 | On Loan: No      |
| GFC LTD                                  | Golden Friends Co TWD10                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    116416 | NS      | $427007.67    | 0.13%             |  |  |  | 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        |   3273814 | NS      | $14718737.49  | 4.37%             |  |  |  | No            |                  1 | On Loan: No      |
| HUMANICA PCL                             | Humanica Public Company Limited THB0.5 (ALIEN)       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TH        |  11935400 | NS      | $1498193.80   | 0.44%             |  |  |  | No            |                  2 | On Loan: No      |
| Caixa Seguridade Participacoes SA        | Caixa Seguridade Participacoes SA COM NPV            | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   5884923 | NS      | $20700077.62  | 6.14%             |  |  |  | No            |                  1 | On Loan: No      |
| RIVERSTONE HOLDINGS LTD                  | Riverstone Holding Ltd. NPV                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | SG        |  14657200 | NS      | $7836147.02   | 2.33%             |  |  |  | No            |                  2 | On Loan: No      |
| Epiroc AB                                | Epiroc AB SER'B'NPV                                  | CUSIP: 000000000<br>LEI: 5493004Q73OEYW1SPE91 | Long             | EC               | CORP              | SE        |    598478 | NS      | $12820335.99  | 3.80%             |  |  |  | No            |                  2 | On Loan: No      |
| Oracle Fin Service                       | Oracle Fin Service INR5                              | CUSIP: 000000000<br>LEI: 3358008SYNPKSPNMTJ57 | Long             | EC               | CORP              | IN        |     42087 | NS      | $3022611.27   | 0.90%             |  |  |  | No            |                  2 | On Loan: No      |
| PT Avia Avian Tbk                        | PT Avia Avian Tbk IDR10                              | CUSIP: 000000000<br>LEI: 2549006YBXNWWWTP2773 | Long             | EC               | CORP              | ID        | 279377660 | NS      | $6034685.62   | 1.79%             |  |  |  | No            |                  2 | On Loan: No      |
| Kfin Technologies Ltd.                   | Kfin Technologies Ltd. INR10                         | CUSIP: 000000000<br>LEI: 335800GNCGJJ76Z17N17 | Long             | EC               | CORP              | IN        |    322085 | NS      | $3021858.48   | 0.90%             |  |  |  | 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        | 231232486 | NS      | $6677965.11   | 1.98%             |  |  |  | No            |                  2 | On Loan: No      |
| DAYAMITRA TELEKOMUNIKASI TBK PT          | PT Dayamitra Telekomunikasi Tbk IDR228               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | ID        |  73418400 | NS      | $2354701.42   | 0.70%             |  |  |  | No            |                  2 | On Loan: No      |
| CHONG QING BREWERY CO LTD                | Chong Qing Brewery 'A'CNY1                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | CN        |    359700 | NS      | $2967938.32   | 0.88%             |  |  |  | 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        |   4092778 | NS      | $13092528.06  | 3.89%             |  |  |  | No            |                  1 | 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        |   1037502 | NS      | $9955341.96   | 2.95%             |  |  |  | No            |                  1 | On Loan: No      |
| HAW Par Corp Ltd                         | HAW Par Corp Ltd NPV(SINGAPORE REG)                  | CUSIP: 000000000<br>LEI: 254900579AKHEY30PA63 | Long             | EC               | CORP              | SG        |   1199474 | NS      | $15864798.97  | 4.71%             |  |  |  | No            |                  2 | On Loan: No      |
| Tegma Gestao Logistica SA                | Tegma Gestao Logistica SA COM NPV                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | BR        |   1915830 | NS      | $11543394.94  | 3.43%             |  |  |  | No            |                  1 | On Loan: No      |
| JVM CO LTD                               | Jvm KRW500                                           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KR        |    154508 | NS      | $2411385.96   | 0.72%             |  |  |  | No            |                  2 | On Loan: No      |
| Sporton International Inc                | Sporton International Inc TWD10                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1929887 | NS      | $11603128.97  | 3.44%             |  |  |  | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Virtus Opportunities Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer