# EDGAR Filing Document

**Accession Number:** 0001005020
**File Stem:** 0000940400-25-009419
**Filing Date:** 2025-11
**Character Count:** 22284
**Document Hash:** a7c39f6227307980f1ffaa829c9261cd
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-009419.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0000940400-25-009419

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20250930

**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:** 251512096

**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 Global Infrastructure Fund (Series ID: S000018009)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000049922 | Class A      | PGUAX           |
| C000049923 | Class C      | PGUCX           |
| C000066829 | Class I      | PGIUX           |
| C000199804 | Class R6     | VGIRX           |

## 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 Duff & Phelps Global Infrastructure Fund

- **b. EDGAR series identifier (if any):** S000018009

- **c. LEI of Series:** 549300R3VJ6A2IGKAR17

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

- **a. Date of fiscal year-end:** 2025-09-30

- **b. Date as of which information is reported:** 2025-09-30

**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:** $160581390.34

**Total Liabilities:** $351901.69

**Net Assets:** $160229488.65

**Cash Not Reported:** $2371537.98

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000199804 | -0.13%               | 1.54%                | 2.23%                |
| Class ID C000049923 | -0.26%               | 1.41%                | 2.23%                |
| Class ID C000066829 | -0.19%               | 1.41%                | 2.27%                |
| Class ID C000049922 | -0.19%               | 1.47%                | 2.31%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1037902.16              | $-1399318.26                               |
| Month 2  | $880451.66               | $1270076.29                                |
| Month 3  | $424757.32               | $2904572.81                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Enbridge Inc                       | Enbridge Inc                                   | CUSIP: 29250N105<br>LEI: 98TPTUM4IVMFCZBCUR27 | Long             | EC               | CORP              | CA        |     37320 | NS      | $1883167.20   | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyera Corp                        | Keyera Corp                                    | CUSIP: 493271100<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |     36830 | NS      | $1235605.88   | 0.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Williams Cos Inc/The               | Williams Cos Inc/The                           | CUSIP: 969457100<br>LEI: D71FAKCBLFS2O0RBPG08 | Long             | EC               | CORP              | US        |     66323 | NS      | $4201562.05   | 2.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian Pacific Kansas City L     | Canadian Pacific Kansas City Ltd               | CUSIP: 13646K108<br>LEI: N/A                  | Long             | EC               | CORP              | CA        |     55346 | NS      | $4122018.32   | 2.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Auckland International Airport     | Auckland International Airport Ltd             | CUSIP: 000000000<br>LEI: 549300HFZIZDJWB7AK60 | Long             | EC               | CORP              | NZ        |    490877 | NS      | $2242537.21   | 1.40%             |  |  |  | No            |                  1 | On Loan: No      |
| WEC Energy Group Inc               | WEC Energy Group Inc                           | CUSIP: 92939U106<br>LEI: 549300IGLYTZUK3PVP70 | Long             | EC               | CORP              | US        |     16636 | NS      | $1906319.24   | 1.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Keyera Corp                        | Keyera Corp                                    | CUSIP: 493271118<br>LEI: 254900LXI62FUHZGH122 | Long             | EC               | CORP              | CA        |      8152 | NS      | $265934.32    | 0.17%             |  |  |  | No            |                  1 | On Loan: No      |
| SSE PLC                            | SSE PLC                                        | CUSIP: 000000000<br>LEI: 549300KI75VYLLMSK856 | Long             | EC               | CORP              | GB        |     70008 | NS      | $1639687.72   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Alliant Energy Corp                | Alliant Energy Corp                            | CUSIP: 018802108<br>LEI: 5493009ML300G373MZ12 | Long             | EC               | CORP              | US        |     24246 | NS      | $1634422.86   | 1.02%             |  |  |  | No            |                  1 | On Loan: No      |
| PPL Corp                           | PPL Corp                                       | CUSIP: 69351T106<br>LEI: 9N3UAJSNOUXFKQLF3V18 | Long             | EC               | CORP              | US        |     73651 | NS      | $2736871.16   | 1.71%             |  |  |  | No            |                  1 | On Loan: No      |
| Canadian National Railway Co       | Canadian National Railway Co                   | CUSIP: 136375102<br>LEI: 3SU7BEP7TH9YEQOZCS77 | Long             | EC               | CORP              | CA        |     46998 | NS      | $4432002.24   | 2.77%             |  |  |  | No            |                  1 | On Loan: No      |
| Grupo Aeroportuario del Centro     | Grupo Aeroportuario del Centro Norte SAB de CV | CUSIP: 000000000<br>LEI: 529900HUSBARAFSXJ605 | Long             | EC               | CORP              | MX        |     60600 | NS      | $782156.44    | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| PG&E Corp                          | PG&E Corp                                      | CUSIP: 69331C108<br>LEI: 8YQ2GSDWYZXO2EDN3511 | Long             | EC               | CORP              | US        |    205407 | NS      | $3097537.56   | 1.93%             |  |  |  | No            |                  1 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management             | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |    369885 | NS      | $369884.56    | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Vinci SA                           | Vinci SA                                       | CUSIP: 000000000<br>LEI: 213800WFQ334R8UXUG83 | Long             | EC               | CORP              | FR        |     17117 | NS      | $2370348.42   | 1.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Kinder Morgan Inc                  | Kinder Morgan Inc                              | CUSIP: 49456B101<br>LEI: 549300WR7IX8XE0TBO16 | Long             | EC               | CORP              | US        |     68293 | NS      | $1933374.83   | 1.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Entergy Corp                       | Entergy Corp                                   | CUSIP: 29364G103<br>LEI: 4XM3TW50JULSLG8BNC79 | Long             | EC               | CORP              | US        |     33276 | NS      | $3100990.44   | 1.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Sempra                             | Sempra                                         | CUSIP: 816851109<br>LEI: PBBKGKLRK5S5C0Y4T545 | Long             | EC               | CORP              | US        |     71962 | NS      | $6475140.76   | 4.04%             |  |  |  | No            |                  1 | On Loan: No      |
| National Grid PLC                  | National Grid PLC                              | CUSIP: 000000000<br>LEI: 8R95QZMKZLJX5Q2XR704 | Long             | EC               | CORP              | GB        |    222396 | NS      | $3192896.56   | 1.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Union Pacific Corp                 | Union Pacific Corp                             | CUSIP: 907818108<br>LEI: 549300LMMRSZZCZ8CL11 | Long             | EC               | CORP              | US        |     28834 | NS      | $6815492.58   | 4.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Cellnex Telecom SA                 | Cellnex Telecom SA                             | CUSIP: 000000000<br>LEI: 5493008T4YG3AQUI7P67 | Long             | EC               | CORP              | ES        |     66605 | NS      | $2306047.23   | 1.44%             |  |  |  | No            |                  1 | On Loan: No      |
| Veolia Environnement SA            | Veolia Environnement SA                        | CUSIP: 000000000<br>LEI: 969500LENY69X51OOT31 | Long             | EC               | CORP              | FR        |     46497 | NS      | $1582012.49   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Evergy Inc                         | Evergy Inc                                     | CUSIP: 30034W106<br>LEI: 549300PGTHDQY6PSUI61 | Long             | EC               | CORP              | US        |     39743 | NS      | $3021262.86   | 1.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Crown Castle Inc                   | Crown Castle Inc                               | CUSIP: 22822V101<br>LEI: 54930012H97VSM0I2R19 | Long             | EC               | CORP              | US        |     38951 | NS      | $3758381.99   | 2.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Atmos Energy Corp                  | Atmos Energy Corp                              | CUSIP: 049560105<br>LEI: QVLWEGTD2S8GJMO8D383 | Long             | EC               | CORP              | US        |     16828 | NS      | $2873381.00   | 1.79%             |  |  |  | No            |                  1 | On Loan: No      |
| NextEra Energy Inc                 | NextEra Energy Inc                             | CUSIP: 65339F101<br>LEI: UMI46YPGBLUE4VGNNT48 | Long             | EC               | CORP              | US        |    120619 | NS      | $9105528.31   | 5.68%             |  |  |  | No            |                  1 | On Loan: No      |
| EDP SA                             | EDP SA                                         | CUSIP: 000000000<br>LEI: 529900CLC3WDMGI9VH80 | Long             | EC               | CORP              | PT        |    347891 | NS      | $1648878.05   | 1.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Duke Energy Corp                   | Duke Energy Corp                               | CUSIP: 26441C204<br>LEI: I1BZKREC126H0VB1BL91 | Long             | EC               | CORP              | US        |     39754 | NS      | $4919557.50   | 3.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Targa Resources Corp               | Targa Resources Corp                           | CUSIP: 87612G101<br>LEI: 5493003QENHHS261UR94 | Long             | EC               | CORP              | US        |     11928 | NS      | $1998417.12   | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| CenterPoint Energy Inc             | CenterPoint Energy Inc                         | CUSIP: 15189T107<br>LEI: 21TPXMRRHFKOBHDC8J74 | Long             | EC               | CORP              | US        |     62971 | NS      | $2443274.80   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| United Utilities Group PLC         | United Utilities Group PLC                     | CUSIP: 000000000<br>LEI: 2138002IEYQAOC88ZJ59 | Long             | EC               | CORP              | GB        |    102580 | NS      | $1581709.59   | 0.99%             |  |  |  | No            |                  1 | On Loan: No      |
| Spire Inc                          | Spire Inc                                      | CUSIP: 84857L101<br>LEI: 549300NXSY15DRY2R511 | Long             | EC               | CORP              | US        |     29797 | NS      | $2429051.44   | 1.52%             |  |  |  | No            |                  1 | On Loan: No      |
| OGE Energy Corp                    | OGE Energy Corp                                | CUSIP: 670837103<br>LEI: CE5OG6JPOZMDSA0LAQ19 | Long             | EC               | CORP              | US        |     34493 | NS      | $1595991.11   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Cheniere Energy Inc                | Cheniere Energy Inc                            | CUSIP: 16411R208<br>LEI: MIHC87W9WTYSYZWV1J40 | Long             | EC               | CORP              | US        |     14167 | NS      | $3328961.66   | 2.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Transurban Group                   | Transurban Group                               | CUSIP: 000000000<br>LEI: 549300ZR71SUQ4VUTM79 | Long             | EC               | CORP              | AU        |    442156 | NS      | $4037529.83   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Severn Trent PLC                   | Severn Trent PLC                               | CUSIP: 000000000<br>LEI: 213800RPBXRETY4A4C59 | Long             | EC               | CORP              | GB        |     43696 | NS      | $1520883.50   | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| CSX Corp                           | CSX Corp                                       | CUSIP: 126408103<br>LEI: 549300JVQR4N1MMP3Q88 | Long             | EC               | CORP              | US        |    115394 | NS      | $4097640.94   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| NiSource Inc                       | NiSource Inc                                   | CUSIP: 65473P105<br>LEI: 549300D8GOWWH0SJB189 | Long             | EC               | CORP              | US        |     78156 | NS      | $3384154.80   | 2.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Southern Co/The                    | Southern Co/The                                | CUSIP: 842587107<br>LEI: 549300FC3G3YU2FBZD92 | Long             | EC               | CORP              | US        |     27915 | NS      | $2645504.55   | 1.65%             |  |  |  | No            |                  1 | On Loan: No      |
| Aena SME SA                        | Aena SME SA                                    | CUSIP: 000000000<br>LEI: 959800R7QMXKF0NFMT29 | Long             | EC               | CORP              | ES        |    352617 | NS      | $9633547.04   | 6.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Pennon Group PLC                   | Pennon Group PLC                               | CUSIP: 000000000<br>LEI: 213800V1CCTS41GWH423 | Long             | EC               | CORP              | GB        |    335750 | NS      | $2111448.62   | 1.32%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Service Enterprise Grou     | Public Service Enterprise Group Inc            | CUSIP: 744573106<br>LEI: PUSS41EMO3E6XXNV3U28 | Long             | EC               | CORP              | US        |     19179 | NS      | $1600679.34   | 1.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kansai Electric Power Co Inc/T     | Kansai Electric Power Co Inc/The               | CUSIP: 000000000<br>LEI: 353800PFUKP5ONPJNZ86 | Long             | EC               | CORP              | JP        |    130700 | NS      | $1872319.37   | 1.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Xcel Energy Inc                    | Xcel Energy Inc                                | CUSIP: 98389B100<br>LEI: LGJNMI9GH8XIDG5RCM61 | Long             | EC               | CORP              | US        |     47328 | NS      | $3817003.20   | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Iberdrola SA                       | Iberdrola SA                                   | CUSIP: 000000000<br>LEI: 5QK37QC7NWOJ8D7WVQ45 | Long             | EC               | CORP              | ES        |    127393 | NS      | $2408756.43   | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Flughafen Zurich AG                | Flughafen Zurich AG                            | CUSIP: 000000000<br>LEI: 529900PFO97GCN5SYB55 | Long             | EC               | CORP              | CH        |     11549 | NS      | $3519612.34   | 2.20%             |  |  |  | No            |                  1 | On Loan: No      |
| E.ON SE                            | E.ON SE                                        | CUSIP: 000000000<br>LEI: Q9MAIUP40P25UFBFG033 | Long             | EC               | CORP              | DE        |    104668 | NS      | $1968010.73   | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Eversource Energy                  | Eversource Energy                              | CUSIP: 30040W108<br>LEI: SJ7XXD41SQU3ZNWUJ746 | Long             | EC               | CORP              | US        |     35799 | NS      | $2546740.86   | 1.59%             |  |  |  | No            |                  1 | On Loan: No      |
| American Tower Corp                | American Tower Corp                            | CUSIP: 03027X100<br>LEI: 5493006ORUSIL88JOE18 | Long             | EC               | CORP              | US        |     22726 | NS      | $4370664.32   | 2.73%             |  |  |  | No            |                  1 | On Loan: No      |
| GEK TERNA SA                       | GEK TERNA SA                                   | CUSIP: 000000000<br>LEI: 2138003TO2MTRHWVP686 | Long             | EC               | CORP              | GR        |     37121 | NS      | $973619.87    | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| DT Midstream Inc                   | DT Midstream Inc                               | CUSIP: 23345M107<br>LEI: N/A                  | Long             | EC               | CORP              | US        |     14327 | NS      | $1619810.62   | 1.01%             |  |  |  | No            |                  1 | On Loan: No      |
| Ferrovial SE                       | Ferrovial SE                                   | CUSIP: 000000000<br>LEI: 72450022R2ZFL41Y6I04 | Long             | EC               | CORP              | NL        |     63798 | NS      | $3653721.60   | 2.28%             |  |  |  | No            |                  1 | On Loan: No      |
| ONEOK Inc                          | ONEOK Inc                                      | CUSIP: 682680103<br>LEI: 2T3D6M0JSY48PSZI1Q41 | Long             | EC               | CORP              | US        |     19508 | NS      | $1423498.76   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| TC Energy Corp                     | TC Energy Corp                                 | CUSIP: 87807B107<br>LEI: 549300UGKOFV2IWJJG27 | Long             | EC               | CORP              | CA        |     67997 | NS      | $3699716.77   | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-11-24

**Name of Applicant:** Virtus Opportunities Trust

**Signature:** Amy Hackett

**Name of Signer:** Amy Hackett

**Title:** Vice President and Assistant Treasurer