# EDGAR Filing Document

**Accession Number:** 0000867297
**File Stem:** 0000930413-23-000196
**Filing Date:** 2023-1
**Character Count:** 17427
**Document Hash:** 7c5cb2205e7a00d20104ebef70827bea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000930413-23-000196.hdr.sgml**: 20230127

**ACCESSION NUMBER**: 0000930413-23-000196

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 16

**FILED AS OF DATE**: 20230127

**DATE AS OF CHANGE**: 20230127

**EFFECTIVENESS DATE**: 20230127

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Virtus Investment Trust
- **CENTRAL INDEX KEY:** 0000867297
- **IRS NUMBER:** 330457728
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-36528
- **FILM NUMBER:** 23559721

**BUSINESS ADDRESS:**
- **STREET 1:** 101 MUNSON STEET
- **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:** ALLIANZ FUNDS
- **DATE OF NAME CHANGE:** 20050330

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PIMCO FUNDS MULTI MANAGER SERIES
- **DATE OF NAME CHANGE:** 19970626

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PIMCO FUNDS EQUITY ADVISORS SERIES
- **DATE OF NAME CHANGE:** 19960227

## Series and Classes Contracts Data

### Virtus NFJ Small-Cap Value Fund (Series ID: S000007966)

---

|  |  |  |
|:---|:---|:---|
| Class Name     | Ticker Symbol | Class ID   |
| A              | PCVAX         | C000021621 |
| Administrative | PVADX         | C000021622 |
| C              | PCVCX         | C000021624 |
| Institutional  | PSVIX         | C000021626 |
| P              | ASVPX         | C000066130 |
| R6             | ANFVX         | C000135575 |

---

### Virtus NFJ Mid-Cap Value Fund (Series ID: S000007968)

---

|  |  |  |
|:---|:---|:---|
| Class Name     | Ticker Symbol | Class ID   |
| A              | PQNAX         | C000021632 |
| Administrative | PRAAX         | C000021633 |
| C              | PQNCX         | C000021635 |
| Institutional  | PRNIX         | C000021637 |
| P              | ANRPX         | C000098087 |
| Class R6       | ANPRX         | C000196957 |

---

### Virtus Silvant Focused Growth Fund (Series ID: S000007971)

---

|  |  |  |
|:---|:---|:---|
| Class Name     | Ticker Symbol | Class ID   |
| A              | PGWAX         | C000021653 |
| Administrative | PGFAX         | C000021654 |
| C              | PGWCX         | C000021656 |
| Institutional  | PGFIX         | C000021658 |
| P              | AOGPX         | C000066132 |
| R6             | AFGFX         | C000164304 |

---

### Virtus KAR Health Sciences Fund (Series ID: S000007977)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| A                   | RAGHX         | C000021683 |
| C                   | RCGHX         | C000021685 |
| Institutional Class | HLHIX         | C000150255 |
| P                   | AAAEX         | C000220799 |

---

### Virtus KAR Global Small-Cap Fund (Series ID: S000007979)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| A             | RGSAX         | C000021688 |
| C             | RGSCX         | C000021690 |
| Institutional | DGSCX         | C000021692 |
| P             | ARSPX         | C000066137 |

---

### Virtus Zevenbergen Technology Fund (Series ID: S000007980)

---

|  |  |  |
|:---|:---|:---|
| Class Name     | Ticker Symbol | Class ID   |
| A              | RAGTX         | C000021693 |
| Administrative | DGTAX         | C000021694 |
| C              | RCGTX         | C000021696 |
| Institutional  | DRGTX         | C000021698 |
| P              | ARTPX         | C000066138 |

---

### Virtus Silvant Mid-Cap Growth Fund (Series ID: S000007984)

---

|  |  |  |
|:---|:---|:---|
| Class Name     | Ticker Symbol | Class ID   |
| A              | RMDAX         | C000021714 |
| Administrative | DRMAX         | C000021715 |
| C              | RMDCX         | C000021717 |
| Institutional  | DRMCX         | C000021719 |
| Class P        | ARMPX         | C000111282 |

---

### Virtus Emerging Markets Opportunities Fund (Series ID: S000012942)

---

|  |  |  |
|:---|:---|:---|
| Class Name    | Ticker Symbol | Class ID   |
| A             | AOTAX         | C000034948 |
| C             | AOTCX         | C000034949 |
| Institutional | AOTIX         | C000034951 |
| P             | AEMPX         | C000066149 |
| R6            | AEMOX         | C000164305 |

---

### Virtus Income & Growth Fund (Series ID: S000015823)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | AZNAX         | C000043488 |
| Class C             | AZNCX         | C000043489 |
| Institutional Class | AZNIX         | C000043491 |
| P                   | AIGPX         | C000066151 |

---

### Virtus Small-Cap Fund (Series ID: S000041383)

---

|  |  |  |
|:---|:---|:---|
| Class Name          | Ticker Symbol | Class ID   |
| Class A             | AZBAX         | C000128360 |
| Class C             | AZBCX         | C000128361 |
| Institutional Class | AZBIX         | C000128362 |
| Class P             | AZBPX         | C000128363 |
| R6                  | ASCFX         | C000164306 |

---

## Series and Classes Contracts Data

### Virtus NFJ Small-Cap Value Fund (Series ID: S000007966)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000021621 | A              | PCVAX           |
| C000021622 | Administrative | PVADX           |
| C000021624 | C              | PCVCX           |
| C000021626 | Institutional  | PSVIX           |
| C000066130 | P              | ASVPX           |
| C000135575 | R6             | ANFVX           |

### Virtus NFJ Mid-Cap Value Fund (Series ID: S000007968)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000021632 | A              | PQNAX           |
| C000021633 | Administrative | PRAAX           |
| C000021635 | C              | PQNCX           |
| C000021637 | Institutional  | PRNIX           |
| C000098087 | P              | ANRPX           |
| C000196957 | Class R6       | ANPRX           |

### Virtus Silvant Focused Growth Fund (Series ID: S000007971)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000021653 | A              | PGWAX           |
| C000021654 | Administrative | PGFAX           |
| C000021656 | C              | PGWCX           |
| C000021658 | Institutional  | PGFIX           |
| C000066132 | P              | AOGPX           |
| C000164304 | R6             | AFGFX           |

### Virtus KAR Health Sciences Fund (Series ID: S000007977)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000021683 | A                   | RAGHX           |
| C000021685 | C                   | RCGHX           |
| C000150255 | Institutional Class | HLHIX           |
| C000220799 | P                   | AAAEX           |

### Virtus KAR Global Small-Cap Fund (Series ID: S000007979)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000021688 | A             | RGSAX           |
| C000021690 | C             | RGSCX           |
| C000021692 | Institutional | DGSCX           |
| C000066137 | P             | ARSPX           |

### Virtus Zevenbergen Technology Fund (Series ID: S000007980)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000021693 | A              | RAGTX           |
| C000021694 | Administrative | DGTAX           |
| C000021696 | C              | RCGTX           |
| C000021698 | Institutional  | DRGTX           |
| C000066138 | P              | ARTPX           |

### Virtus Silvant Mid-Cap Growth Fund (Series ID: S000007984)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000021714 | A              | RMDAX           |
| C000021715 | Administrative | DRMAX           |
| C000021717 | C              | RMDCX           |
| C000021719 | Institutional  | DRMCX           |
| C000111282 | Class P        | ARMPX           |

### Virtus Emerging Markets Opportunities Fund (Series ID: S000012942)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000034948 | A             | AOTAX           |
| C000034949 | C             | AOTCX           |
| C000034951 | Institutional | AOTIX           |
| C000066149 | P             | AEMPX           |
| C000164305 | R6            | AEMOX           |

### Virtus Income & Growth Fund (Series ID: S000015823)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000043488 | Class A             | AZNAX           |
| C000043489 | Class C             | AZNCX           |
| C000043491 | Institutional Class | AZNIX           |
| C000066151 | P                   | AIGPX           |

### Virtus Small-Cap Fund (Series ID: S000041383)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000128360 | Class A             | AZBAX           |
| C000128361 | Class C             | AZBCX           |
| C000128362 | Institutional Class | AZBIX           |
| C000128363 | Class P             | AZBPX           |
| C000164306 | R6                  | ASCFX           |

?xml version="1.0" encoding="ASCII"?

**Virtus Income & Growth Fund (the "Fund"), a series of Virtus Investment Trust**

Supplement dated January 27, 2023, to the Fund's Summary Prospectus and the

Virtus Investment Trust Statutory Prospectus, each dated October 28, 2022, as supplemented

**Important Notice to Investors**

Effective January 27, 2023, Ethan Turner, CFA is added as portfolio manager of the Fund.

The disclosure under "Portfolio Management" in the Fund's summary prospectus and in the summary section of Fund's statutory prospectus is hereby replaced in its entirety with the following:

> ***Justin Kass, CFA,*** portfolio manager and senior managing director at Voya, has managed the fund since 2007.

> ***David J. Oberto,*** portfolio manager and senior vice president at Voya, has managed the fund since 2020.

> ***Ethan Turner, CFA,*** portfolio manager and vice president at Voya, has managed the fund since January 2023.

> ***Michael E. Yee,*** portfolio manager and managing director at Voya, has managed the fund since 2007.

In the section "Management of the Funds" in the subsection "Portfolio Management", the row for the Fund in the table under "Voya on page 86 of the Fund's statutory prospectus is hereby replaced with the following:

Virtus Income & Growth Fund <u>Justin Kass, CFA (since 2007) David J. Oberto (since 2020) Ethan Turner, CFA (since January 2023) Michael E. Yee (since 2007)</u>

The portfolio manager biographies under the referenced table are hereby amended by adding the following for Mr. Turner.

***Ethan Turner, CFA.*** Mr. Turner is a portfolio manager and vice president with Voya. He joined Voya in July 2022 in conjunction with the firm's transfer of certain portfolio management teams from Allianz Global Investors U.S., which he had joined in 2012, where he was an analyst and vice president with research responsibilities for the income and growth strategies team. Prior to that at Allianz, he was a trading assistant. Previously, Mr. Turner was a lead analyst covering the financial sector at Relational Investors and a financial analyst at Sunstone Hotel Investors. Mr. Turner earned a B.S. from San Diego State University and an M.B.A. from the Anderson School of Management at the University of California, Los Angeles. He is a CFA<sup>®</sup> Charterholder.

All other disclosure concerning the Fund, including fees, expenses, investment objective, strategies and risks, remains unchanged.

**Investors should retain this supplement with the Prospectuses for future reference.**

VIT 8061/I&G Fund PM Changes (1/2023)

**Virtus KAR Global Small-Cap Fund (the "Fund"), a series of Virtus Investment Trust**

Supplement dated January 27, 2023, to the Fund's Summary Prospectus and the

Virtus Investment Trust Statutory Prospectus, each dated October 28, 2022, as supplemented

**Important Notice to Investors**

Effective January 1, 2023 the benchmark to which performance of the Fund is compared is the MSCI All Country World Small Cap Index (net), replacing MSCI World Small Cap Index (net). This change is being made to more closely match the Fund's primary benchmark to its principal investment strategy.

**Additional Information about the MSCI All Country World Small Cap Index (net)**

The MSCI All Country World Small Cap Index (net) is a free float-adjusted market capitalization-weighted index that measures small cap equity performance of developed and emerging markets. The index is calculated on a total return basis with net dividends reinvested. The index is unmanaged, its returns do not reflect any fees, expenses, or sales charges, and it is not available for direct investment.

**Investors should retain this supplement with the Prospectuses for future reference.**

VIT 8061/Global Small-Cap Fund Benchmark Change (1/2023)

**Virtus Emerging Markets Opportunities Fund, Virtus KAR Global Small-Cap Fund, Virtus KAR Health Sciences Fund, Virtus NFJ Mid-Cap Value Fund, Virtus NFJ Small-Cap Value Fund, Virtus Silvant Focused Growth Fund, Virtus Silvant Mid-Cap Growth Fund, Virtus Small-Cap Fund and Virtus Zevenbergen Technology Fund (the "Funds"), each a series of Virtus Investment Trust**

Supplement dated January 27, 2023, to the Virtus Investment Trust Statutory Prospectus dated

October 28, 2022, as supplemented

**Important Notice to Investors**

Effective for 2023, the dividend distribution frequency for the Funds will change as shown in the table below. The first scheduled distribution for the Funds in 2023 will occur in June.

---

| | | |
|:---|:---|:---|
| &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Prior Dividend<br> Frequency** | &nbsp;&nbsp;**2023 Dividend<br> Frequency** |
| &nbsp;&nbsp;Virtus Emerging Markets Opportunities Fund | &nbsp;&nbsp;Annually | &nbsp;&nbsp;Semiannually |
| &nbsp;&nbsp;Virtus KAR Global Small-Cap Fund | &nbsp;&nbsp;Annually | &nbsp;&nbsp;Semiannually |
| &nbsp;&nbsp;Virtus KAR Health Sciences Fund | &nbsp;&nbsp;Annually | &nbsp;&nbsp;Semiannually |
| &nbsp;&nbsp;Virtus NFJ Mid-Cap Value Fund | &nbsp;&nbsp;Annually | &nbsp;&nbsp;Semiannually |
| &nbsp;&nbsp;Virtus NFJ Small-Cap Value Fund | &nbsp;&nbsp;Annually | &nbsp;&nbsp;Semiannually |
| &nbsp;&nbsp;Virtus Silvant Focused Growth Fund | &nbsp;&nbsp;Annually | &nbsp;&nbsp;Semiannually |
| &nbsp;&nbsp;Virtus Silvant Mid-Cap Growth Fund | &nbsp;&nbsp;Annually | &nbsp;&nbsp;Semiannually |
| &nbsp;&nbsp;Virtus Small-Cap Fund | &nbsp;&nbsp;Annually | &nbsp;&nbsp;Semiannually |
| &nbsp;&nbsp;Virtus Zevenbergen Technology Fund | &nbsp;&nbsp;Annually | &nbsp;&nbsp;Semiannually |

---

**Investors should retain this supplement with the Prospectus for future reference.**

VIT 8061/Div Frequency Changes (1/2023)

**Virtus Income & Growth Fund (the "Fund"), a series of Virtus Investment Trust**

Supplement dated January 27, 2023, to the Virtus Investment Trust

Statement of Additional Information ("SAI"), each dated October 28, 2022, as supplemented

**Important Notice to Investors**

Effective January 27, 2023, Ethan Turner, CFA is added as portfolio manager of the Fund.

The row for the Fund in the table under "Portfolio Managers" beginning on page 106 of the SAI is hereby replaced in its entirety with the following and an associated footnote:

Income & Growth Fund <u>Justin Kass, CFA David J. Oberto Ethan Turner, CFA Michael E. Yee</u>

The disclosure in the "Other Accounts Managed (*No Performance-Based Fees*)" table beginning on page 107 of the SAI is hereby amended by adding a row to reflect the following information for Mr. Turner and an associated footnote:

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp;**Registered Investment<br> Companies** | &nbsp;&nbsp;**Registered Investment<br> Companies** | &nbsp;&nbsp;**Other Pooled Investment<br> Vehicles** | &nbsp;&nbsp;**Other Pooled Investment<br> Vehicles** | &nbsp;&nbsp;**Other Accounts** | &nbsp;&nbsp;**Other Accounts** |
| &nbsp;&nbsp;**Portfolio Manager** | &nbsp;&nbsp;**Number of<br> Accounts** | &nbsp;&nbsp;**Total Assets** | &nbsp;&nbsp;**Number of<br> Accounts** | &nbsp;&nbsp;**Total Assets** | &nbsp;&nbsp;**Number of<br> Accounts** | &nbsp;&nbsp;**Total Assets** |
| &nbsp;&nbsp;Ethan Turner, CFA<sup>\*</sup> | &nbsp;&nbsp;0 | &nbsp;&nbsp;N/A | &nbsp;&nbsp;1 | &nbsp;&nbsp;$83 million | 0 | &nbsp;&nbsp;N/A |

---

<sup>\*</sup> As of December 31, 2022

The disclosure in the table under "Portfolio Manager Fund Ownership" beginning on page 111 of the SAI is hereby amended by adding rows to reflect the following information for Mr. Turner and an associated footnote:

---

| | | | |
|:---|:---|:---|:---|
| &nbsp;&nbsp;**Portfolio Manager** | &nbsp;&nbsp;**Fund** | &nbsp;&nbsp;**Dollar Range of Equity<br> Securities Beneficially Owned<br> in Fund Managed** | &nbsp;&nbsp;**Dollar Range of Equity<br> Securities Beneficially<br> Owned in Similar Strategies** |
| &nbsp;&nbsp;Ethan Turner, CFA<sup>\*</sup> | &nbsp;&nbsp;Income & Growth Fund | &nbsp;&nbsp;$50001-$100000 |  |

---

<sup>\*</sup> As of December 31, 2022. Became Portfolio Manager of the Income & Growth Fund effective January 27, 2023.

**Investors should retain this supplement with the SAI for future reference.**

VIT 8061B I&G Fund PM Changes (1/2023)