# EDGAR Filing Document

**Accession Number:** 0001005020
**File Stem:** 0000930413-26-000708
**Filing Date:** 2026-3
**Character Count:** 3540
**Document Hash:** 9efc3a60ee382c8f6da165b15c2b2878
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000930413-26-000708.hdr.sgml**: 20260310

**ACCESSION NUMBER**: 0000930413-26-000708

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 18

**FILED AS OF DATE**: 20260310

**DATE AS OF CHANGE**: 20260310

**EFFECTIVENESS DATE**: 20260310

**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:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-65137
- **FILM NUMBER:** 26737446

**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 Duff & Phelps Real Asset Fund (Series ID: S000018976)

---

|  |  |  |
|:---|:---|:---|
| Class Name | Ticker Symbol | Class ID   |
| Class A    | PDPAX         | C000052537 |
| Class I    | VADIX         | C000081785 |
| Class R6   | VAABX         | C000235246 |

---

## Series and Classes Contracts Data

### Virtus Duff & Phelps Real Asset Fund (Series ID: S000018976)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000052537 | Class A      | PDPAX           |
| C000081785 | Class I      | VADIX           |
| C000235246 | Class R6     | VAABX           |

?xml version='1.0' encoding='ASCII'?

#### Virtus Duff & Phelps Real Asset Fund

#### (the "Fund"),

#### a series of Virtus Opportunities Trust
Supplement dated March 10, 2026 to the Fund's Summary Prospectus

and the Virtus Opportunities Trust Statutory Prospectus applicable to the Fund,

each dated January, 28, 2026, as supplemented

#### IMPORTANT NOTICE TO INVESTORS
The table showing Average Annual Total Returns in the "Performance Information" section of the Fund's summary prospectus and the summary section of the statutory prospectus applicable to the Fund, is hereby replaced in its entirety with the following:

-- End of Supplement Text --

#### Performance Information
**Average Annual Total Returns** (for the periods ended 12/31/25)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  |  |  | **Since <br>Inception** |
|  |  |  |  | **Class R6** |
| **Class** | **1 Year** | **5 Years** | **10 Years** | **(1/31/2022)** |
| Class I Shares |  |  |  |  |
| Return Before Taxes | 16.26% | 9.64% | 7.00% |  |
| Return After Taxes on Distributions | 15.43% | 8.95% | 6.35% |  |
| Return After Taxes on Distributions and Sale of Fund Shares | 9.74% | 7.41% | 5.42% |  |
| Class A Shares |  |  |  |  |
| Return Before Taxes | 9.54% | 8.13% | 6.13% |  |
| Class R6 Shares |  |  |  |  |
| Return Before Taxes | 16.28% |  |  | 7.22% |
| **Index** |  |  |  |  |
| MSCI World Index (net) (reflects no deduction for fees or expenses) | 21.09% | 12.15% | 12.17% | 11.60% |

---

-- End of Supplement Data --

#### Investors should retain this supplement with the Prospectuses for future reference.
VOT 8020/DPIM Real Asset Performance Reclass (3/2026)

------