Company:  VIRTUS OPPORTUNITIES TRUS ... (CTESX)
Form Type:  485BPOS
Filing Date:  1/27/2012 
CIK:  0001005020 
Address:  101 MUNSON STREET 
City, State, Zip:  GREENFIELD, Massachusetts 01301 
Telephone:  800 243-1574 
Fiscal Year:  09/30 
Last Trade
Last Trade: 
$12.78   		Change: 
N/A  
Trade Time: 
May 20   		Market Cap: 
N/A
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  FORM 485BPOS
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
      OPERATING EXPENSES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Portfolio Management
    Investment Objective
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
      FUND PERFORMANCE
    Supplemental Performance Information
      FUND PERFORMANCE
    Management
    Portfolio Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
      FUND PERFORMANCE
    Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Portfolio Management
    Investment Objective
    Fees and Expenses
      OPERATING EXPENSES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
      FUND PERFORMANCE
    Management
    Portfolio Management
    Investment Objective
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Investment Objective
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Portfolio Management
    Investment Objective
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
      FUND PERFORMANCE
    Management
    Portfolio Management
    Investment Objective
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
      OPERATING EXPENSES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Portfolio Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Portfolio Management
    Investment Objective
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Investment Objective
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Portfolio Management
    Investment Objective
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Portfolio Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
      FUND PERFORMANCE
    Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Performance Information
      FUND PERFORMANCE
    Management
    Portfolio Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Performance Information
      FUND PERFORMANCE
    Management
    Portfolio Management
    Investment Objective
      SHAREHOLDER FEES
      OPERATING EXPENSES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Portfolio Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
      FUND PERFORMANCE
    Management
    Portfolio Management
    Investment Objective
    Fees and Expenses
      SHAREHOLDER FEES
    Investments, Risks and Performance
    Principal Investment Strategies
    Principal Risks
    Performance Information
    Management
    Portfolio Management
    More Information About Fund Expenses
      OPERATING EXPENSES
    More Information About Investment Objectives and Principal ...
    Non-Fundamental Investment Objective:
    Fundamental Investment Objective:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Non-Fundamental Investment Objective:
    Non-Fundamental Investment Objective:
    Non-Fundamental Investment Objective:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Non-Fundamental Investment Objective:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Fundamental Investment Objective:
    Principal Investment Strategies:
    Non-Fundamental Investment Objective:
    Principal Investment Strategies:
    More Information About Risks Related to Principal Investment ...
    Infrastructure-Related Investment Risk
    Real Estate Investment Risk
    Management of the Funds
    Prior Performance of Harris Investment Management, Inc. and ...
    Pricing of Fund Shares
      SALES CHARGES
      SALES CHARGES
      SALES CHARGES
      SALES CHARGES
      SALES CHARGES
      SALES CHARGES
      SALES CHARGES
      SALES CHARGES
    How to Buy Shares
    Tax Status of Distributions
    Financial Highlights
      OPERATING EXPENSES
      FINANCIAL HIGHLIGHTS TABLE
      OPERATING EXPENSES
      FINANCIAL HIGHLIGHTS TABLE
      OPERATING EXPENSES
      FINANCIAL HIGHLIGHTS TABLE
      OPERATING EXPENSES
      FINANCIAL HIGHLIGHTS TABLE
      OPERATING EXPENSES
      OPERATING EXPENSES
      FINANCIAL HIGHLIGHTS TABLE
      OPERATING EXPENSES
      FINANCIAL HIGHLIGHTS TABLE
      OPERATING EXPENSES
      FINANCIAL HIGHLIGHTS TABLE
      FINANCIAL HIGHLIGHTS TABLE
      FINANCIAL HIGHLIGHTS TABLE
      FINANCIAL HIGHLIGHTS TABLE
      FINANCIAL HIGHLIGHTS TABLE
    Appendix A
    Appendix B
    Appendix C
      ADDITIONAL INFORMATION
      INVESTMENT TECHNIQUES AND RISKS
      Commodities-Related Investing Risk
      Special California Risk Factors
      PERFORMANCE INFORMATION
      PORTFOLIO TRANSACTIONS AND BROKERAGE
      Investment Advisory and Subadvisory Agreements
      Board of Trustees' Consideration of Investment Advisory ...
      Ownership of Fund Securities by Portfolio Managers
        TRUSTEE OWNERSHIP
      NET ASSET VALUE
      HOW TO BUY SHARES
      DIVIDENDS, DISTRIBUTIONS AND TAXES
      Taxation of Distributions to Shareholders
      United States Federal and California Taxation of ...
        SALES CHARGES
        SALES CHARGES
        SALES CHARGES
        SALES CHARGES
      MANAGEMENT OF THE TRUST
      Trustees and Officers
        NAME AND TITLE
        NAME AND TITLE
        NAME AND TITLE
      Officers of the Trust Who Are Not Trustees
        NAME AND TITLE
        COMPENSATION TABLE
      Trustee Ownership of Securities
        TRUSTEE OWNERSHIP
      Principal Shareholders
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
        BENEFICIAL OWNERS
      ADDITIONAL INFORMATION
      Financial Statements
    APPENDIX
    PART C-OTHER INFORMATION
      Item 28. Exhibits
      Item 29. Persons Controlled by or Under Common Control with ...
      Item 30. Indemnification
      Item 31. Business and Other Connections of the Investment ...
      Item 32. Principal Underwriter
        NAME AND TITLE
        NAME AND TITLE
      Item 33. Location of Accounts and Records
      Item 34. Management Services
      Item 35. Undertakings
    SIGNATURES
  EXHIBIT 99.B(3)
  EXHIBIT 99.D(31)
  EXHIBIT 99.D(32)
  EXHIBIT 99.D(34)
  EXHIBIT 99.D(35)
  EXHIBIT 99.D(36)
  EXHIBIT 99.D(37)
  EXHIBIT 99.D(38)
  EXHIBIT 99.D(39)
  EXHIBIT 99.D(40)
  EXHIBIT 99.D(41)
  EXHIBIT 99.D(42)
  EXHIBIT 99.E(2)
  EXHIBIT 99.G(2)
  EXHIBIT 99.G(3)
  EXHIBIT 99.G(4)
  EXHIBIT 99.G(5)
  EXHIBIT 99.H(3)
  EXHIBIT 99.H(9)
  EXHIBIT 99.H(14)
  EXHIBIT 99.H(15)
  EXHIBIT 99.J
  EXHIBIT 99.M(23)
  EXHIBIT 99.M(24)
  EXHIBIT 99.N(4)
  EXHIBIT 99.P(2)
  EXHIBIT 99.P(3)
  EXHIBIT 99.P(6)
  EXHIBIT 99.P(7)
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