v3.26.3
Fees and Expenses
Jun. 30, 2026
Virtus Newfleet ABS MACS  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses
Expense Narrative [Text Block]

The tables below illustrate the fees and expenses that you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]
Shareholder Fees - Virtus Newfleet ABS MACS
Virtus Newfleet ABS MACS
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) 0.00%
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
Annual Fund Operating Expenses - Virtus Newfleet ABS MACS
Virtus Newfleet ABS MACS
Management Fees (as a percentage of Assets) 0.00% [1]
Other Expenses (as a percentage of Assets): 0.56%
Expenses (as a percentage of Assets) 0.56%
Fee Waiver or Reimbursement (0.56%) [2]
Net Expenses (as a percentage of Assets) 0.00% [2]
[1]

Neither the fund’s investment adviser nor the fund’s subadviser charges a management fee to the fund. Shareholders should be aware, however, that the fund is an integral part of separately managed account programs, and the fund’s investment adviser, the fund’s subadviser or their affiliates will be compensated directly or indirectly by separately managed account program sponsors or program participants for managed account advisory services.

[2]

The fund’s subadviser has contractually agreed to limit the fund’s total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes (federal, state or otherwise), tax reclaim expenses, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, depositary receipt program fees, expenses incurred in connection with any merger or reorganization, expenses incurred in connection with any meeting of the fund's shareholders, unusual or infrequently occurring expenses, litigation expenses (including expenses for responding to document requests for litigation to which the fund is not a party), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 0.00% indefinitely. Only the fund’s Board may modify or terminate the expense limitation agreement.

Expense Example [Heading] Example
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods or continued to hold them. The example also assumes that your investment has a 5% return each year, that the fund’s operating expenses remain the same and that the expense reimbursement agreement remains in place for the contractual period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, With Redemption [Table]
Expense Example - Virtus Newfleet ABS MACS
Virtus Newfleet ABS MACS
USD ($)
Expense Example, with Redemption, 1 Year $ 0
Expense Example, with Redemption, 3 Years 0
Expense Example, with Redemption, 5 Years 0
Expense Example, with Redemption, 10 Years $ 0
Expense Example, No Redemption [Table]
Expense Example, No Redemption - Virtus Newfleet ABS MACS
Virtus Newfleet ABS MACS
USD ($)
Expense Example, No Redemption, 1 Year $ 0
Expense Example, No Redemption, 3 Years 0
Expense Example, No Redemption, 5 Years 0
Expense Example, No Redemption, 10 Years $ 0
Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 39% of the average value of its portfolio.

Portfolio Turnover, Rate 39.00%
Virtus Newfleet CMBS MACS  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses
Expense Narrative [Text Block]

The tables below illustrate the fees and expenses that you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]
Shareholder Fees - Virtus Newfleet CMBS MACS
Virtus Newfleet CMBS MACS
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) 0.00%
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
Annual Fund Operating Expenses - Virtus Newfleet CMBS MACS
Virtus Newfleet CMBS MACS
Management Fees (as a percentage of Assets) 0.00% [1]
Other Expenses (as a percentage of Assets): 0.78%
Expenses (as a percentage of Assets) 0.78%
Fee Waiver or Reimbursement (0.78%) [2]
Net Expenses (as a percentage of Assets) 0.00% [2]
[1]

Neither the fund’s investment adviser nor the fund’s subadviser charges a management fee to the fund. Shareholders should be aware, however, that the fund is an integral part of separately managed account programs, and the fund’s investment adviser, the fund’s subadviser or their affiliates will be compensated directly or indirectly by separately managed account program sponsors or program participants for managed account advisory services.

[2]

The fund’s subadviser has contractually agreed to limit the fund’s total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes (federal, state or otherwise), tax reclaim expenses, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, depositary receipt program fees, expenses incurred in connection with any merger or reorganization, expenses incurred in connection with any meeting of the fund's shareholders, unusual or infrequently occurring expenses, litigation expenses (including expenses for responding to document requests for litigation to which the fund is not a party), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 0.00% indefinitely. Only the fund’s Board may modify or terminate the expense limitation agreement.

Expense Example [Heading] Example
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods or continued to hold them. The example also assumes that your investment has a 5% return each year, that the fund’s operating expenses remain the same and that the expense reimbursement agreement remains in place for the contractual period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, With Redemption [Table]
Expense Example - Virtus Newfleet CMBS MACS
Virtus Newfleet CMBS MACS
USD ($)
Expense Example, with Redemption, 1 Year $ 0
Expense Example, with Redemption, 3 Years 0
Expense Example, with Redemption, 5 Years 0
Expense Example, with Redemption, 10 Years $ 0
Expense Example, No Redemption [Table]
Expense Example, No Redemption - Virtus Newfleet CMBS MACS
Virtus Newfleet CMBS MACS
USD ($)
Expense Example, No Redemption, 1 Year $ 0
Expense Example, No Redemption, 3 Years 0
Expense Example, No Redemption, 5 Years 0
Expense Example, No Redemption, 10 Years $ 0
Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 33% of the average value of its portfolio.

Portfolio Turnover, Rate 33.00%
Virtus Newfleet Floating Rate MACS  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses
Expense Narrative [Text Block]

The tables below illustrate the fees and expenses that you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]
Shareholder Fees - Virtus Newfleet Floating Rate MACS
Virtus Newfleet Floating Rate MACS
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) 0.00%
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
Annual Fund Operating Expenses - Virtus Newfleet Floating Rate MACS
Virtus Newfleet Floating Rate MACS
Management Fees (as a percentage of Assets) 0.00% [1]
Other Expenses (as a percentage of Assets): 0.99%
Acquired Fund Fees and Expenses 0.02%
Expenses (as a percentage of Assets) 1.01% [2]
Fee Waiver or Reimbursement (0.99%) [3]
Net Expenses (as a percentage of Assets) 0.02% [2],[3]
[1]

Neither the fund’s investment adviser nor the fund’s subadviser charges a management fee to the fund. Shareholders should be aware, however, that the fund is an integral part of separately managed account programs, and the fund’s investment adviser, the fund’s subadviser or their affiliates will be compensated directly or indirectly by separately managed account program sponsors or program participants for managed account advisory services.

[2]

The Total Annual Fund Operating Expenses do not correlate to the ratio of expenses to average net assets appearing in the Financial Highlights tables, which tables reflect only the operating expenses of the fund and do not include acquired fund fees and expenses.

[3]

The fund’s subadviser has contractually agreed to limit the fund’s total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes (federal, state or otherwise), tax reclaim expenses, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, depositary receipt program fees, expenses incurred in connection with any merger or reorganization, expenses incurred in connection with any meeting of the fund's shareholders, unusual or infrequently occurring expenses, litigation expenses (including expenses for responding to document requests for litigation to which the fund is not a party), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 0.00% indefinitely. Only the fund’s Board may modify or terminate the expense limitation agreement.

Expense Example [Heading] Example
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods or continued to hold them. The example also assumes that your investment has a 5% return each year, that the fund’s operating expenses remain the same and that the expense reimbursement agreement remains in place for the contractual period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, With Redemption [Table]
Expense Example - Virtus Newfleet Floating Rate MACS
Virtus Newfleet Floating Rate MACS
USD ($)
Expense Example, with Redemption, 1 Year $ 2
Expense Example, with Redemption, 3 Years 6
Expense Example, with Redemption, 5 Years 11
Expense Example, with Redemption, 10 Years $ 26
Expense Example, No Redemption [Table]
Expense Example, No Redemption - Virtus Newfleet Floating Rate MACS
Virtus Newfleet Floating Rate MACS
USD ($)
Expense Example, No Redemption, 1 Year $ 2
Expense Example, No Redemption, 3 Years 6
Expense Example, No Redemption, 5 Years 11
Expense Example, No Redemption, 10 Years $ 26
Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 49% of the average value of its portfolio.

Portfolio Turnover, Rate 49.00%
Virtus Newfleet High Yield MACS  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses
Expense Narrative [Text Block]

The tables below illustrate the fees and expenses that you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]
Shareholder Fees - Virtus Newfleet High Yield MACS
Virtus Newfleet High Yield MACS
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) 0.00%
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
Annual Fund Operating Expenses - Virtus Newfleet High Yield MACS
Virtus Newfleet High Yield MACS
Management Fees (as a percentage of Assets) 0.00% [1]
Other Expenses (as a percentage of Assets): 0.69%
Expenses (as a percentage of Assets) 0.69%
Fee Waiver or Reimbursement (0.69%) [2]
Net Expenses (as a percentage of Assets) 0.00% [2]
[1]

Neither the fund’s investment adviser nor the fund’s subadviser charges a management fee to the fund. Shareholders should be aware, however, that the fund is an integral part of separately managed account programs, and the fund’s investment adviser, the fund’s subadviser or their affiliates will be compensated directly or indirectly by separately managed account program sponsors or program participants for managed account advisory services.

[2]

The fund’s subadviser has contractually agreed to limit the fund’s total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes (federal, state or otherwise), tax reclaim expenses, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, depositary receipt program fees, expenses incurred in connection with any merger or reorganization, expenses incurred in connection with any meeting of the fund's shareholders, unusual or infrequently occurring expenses, litigation expenses (including expenses for responding to document requests for litigation to which the fund is not a party), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 0.00% indefinitely. Only the fund’s Board may modify or terminate the expense limitation agreement.

Expense Example [Heading] Example
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods or continued to hold them. The example also assumes that your investment has a 5% return each year, that the fund’s operating expenses remain the same and that the expense reimbursement agreement remains in place for the contractual period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, With Redemption [Table]
Expense Example - Virtus Newfleet High Yield MACS
Virtus Newfleet High Yield MACS
USD ($)
Expense Example, with Redemption, 1 Year $ 0
Expense Example, with Redemption, 3 Years 0
Expense Example, with Redemption, 5 Years 0
Expense Example, with Redemption, 10 Years $ 0
Expense Example, No Redemption [Table]
Expense Example, No Redemption - Virtus Newfleet High Yield MACS
Virtus Newfleet High Yield MACS
USD ($)
Expense Example, No Redemption, 1 Year $ 0
Expense Example, No Redemption, 3 Years 0
Expense Example, No Redemption, 5 Years 0
Expense Example, No Redemption, 10 Years $ 0
Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 48% of the average value of its portfolio.

Portfolio Turnover, Rate 48.00%
Virtus Newfleet RMBS MACS  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses
Expense Narrative [Text Block]

The tables below illustrate the fees and expenses that you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]
Shareholder Fees - Virtus Newfleet RMBS MACS
Virtus Newfleet RMBS MACS
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) 0.00%
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
Annual Fund Operating Expenses - Virtus Newfleet RMBS MACS
Virtus Newfleet RMBS MACS
Management Fees (as a percentage of Assets) 0.00% [1]
Other Expenses (as a percentage of Assets): 0.58%
Expenses (as a percentage of Assets) 0.58%
Fee Waiver or Reimbursement (0.58%) [2]
Net Expenses (as a percentage of Assets) 0.00% [2]
[1]

Neither the fund’s investment adviser nor the fund’s subadviser charges a management fee to the fund. Shareholders should be aware, however, that the fund is an integral part of separately managed account programs, and the fund’s investment adviser, the fund’s subadviser or their affiliates will be compensated directly or indirectly by separately managed account program sponsors or program participants for managed account advisory services.

[2]

The fund’s subadviser has contractually agreed to limit the fund’s total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes (federal, state or otherwise), tax reclaim expenses, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, depositary receipt program fees, expenses incurred in connection with any merger or reorganization, expenses incurred in connection with any meeting of the fund's shareholders, unusual or infrequently occurring expenses, litigation expenses (including expenses for responding to document requests for litigation to which the fund is not a party), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 0.00% indefinitely. Only the fund’s Board may modify or terminate the expense limitation agreement.

Expense Example [Heading] Example
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods or continued to hold them. The example also assumes that your investment has a 5% return each year, that the fund’s operating expenses remain the same and that the expense reimbursement agreement remains in place for the contractual period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, With Redemption [Table]
Expense Example - Virtus Newfleet RMBS MACS
Virtus Newfleet RMBS MACS
USD ($)
Expense Example, with Redemption, 1 Year $ 0
Expense Example, with Redemption, 3 Years 0
Expense Example, with Redemption, 5 Years 0
Expense Example, with Redemption, 10 Years $ 0
Expense Example, No Redemption [Table]
Expense Example, No Redemption - Virtus Newfleet RMBS MACS
Virtus Newfleet RMBS MACS
USD ($)
Expense Example, No Redemption, 1 Year $ 0
Expense Example, No Redemption, 3 Years 0
Expense Example, No Redemption, 5 Years 0
Expense Example, No Redemption, 10 Years $ 0
Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 16% of the average value of its portfolio.

Portfolio Turnover, Rate 16.00%
Virtus Seix High Yield MACS  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses
Expense Narrative [Text Block]

The tables below illustrate the fees and expenses that you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]
Shareholder Fees - Virtus Seix High Yield MACS
Virtus Seix High Yield MACS
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) 0.00%
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
Annual Fund Operating Expenses - Virtus Seix High Yield MACS
Virtus Seix High Yield MACS
Management Fees (as a percentage of Assets) 0.00% [1]
Other Expenses (as a percentage of Assets): 1.73%
Expenses (as a percentage of Assets) 1.73%
Fee Waiver or Reimbursement (1.73%) [2]
Net Expenses (as a percentage of Assets) 0.00% [2]
[1]

Neither the fund’s investment adviser nor the fund’s subadviser charges a management fee to the fund. Shareholders should be aware, however, that the fund is an integral part of separately managed account programs, and the fund’s investment adviser, the fund’s subadviser or their affiliates will be compensated directly or indirectly by separately managed account program sponsors or program participants for managed account advisory services.

[2]

The fund’s subadviser has contractually agreed to limit the fund’s total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes (federal, state or otherwise), tax reclaim expenses, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, depositary receipt program fees, expenses incurred in connection with any merger or reorganization, expenses incurred in connection with any meeting of the fund's shareholders, unusual or infrequently occurring expenses, litigation expenses (including expenses for responding to document requests for litigation to which the fund is not a party), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 0.00% indefinitely. Only the fund’s Board may modify or terminate the expense limitation agreement.

Expense Example [Heading] Example
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods or continued to hold them. The example also assumes that your investment has a 5% return each year, that the fund’s operating expenses remain the same and that the expense reimbursement agreement remains in place for the contractual period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, With Redemption [Table]
Expense Example - Virtus Seix High Yield MACS
Virtus Seix High Yield MACS
USD ($)
Expense Example, with Redemption, 1 Year $ 0
Expense Example, with Redemption, 3 Years 0
Expense Example, with Redemption, 5 Years 0
Expense Example, with Redemption, 10 Years $ 0
Expense Example, No Redemption [Table]
Expense Example, No Redemption - Virtus Seix High Yield MACS
Virtus Seix High Yield MACS
USD ($)
Expense Example, No Redemption, 1 Year $ 0
Expense Example, No Redemption, 3 Years 0
Expense Example, No Redemption, 5 Years 0
Expense Example, No Redemption, 10 Years $ 0
Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 36% of the average value of its portfolio.

Portfolio Turnover, Rate 36.00%
Virtus Stone Harbor EMD MACS  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses
Expense Narrative [Text Block]

The tables below illustrate the fees and expenses that you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]
Shareholder Fees - Virtus Stone Harbor EMD MACS
Virtus Stone Harbor EMD MACS
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) 0.00%
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
Annual Fund Operating Expenses - Virtus Stone Harbor EMD MACS
Virtus Stone Harbor EMD MACS
Management Fees (as a percentage of Assets) 0.00% [1]
Other Expenses (as a percentage of Assets): 1.64%
Expenses (as a percentage of Assets) 1.64%
Fee Waiver or Reimbursement (1.64%) [2]
Net Expenses (as a percentage of Assets) 0.00% [2]
[1]

Neither the fund’s investment adviser nor the fund’s subadviser charges a management fee to the fund. Shareholders should be aware, however, that the fund is an integral part of separately managed account programs, and the fund’s investment adviser, the fund’s subadviser or their affiliates will be compensated directly or indirectly by separately managed account program sponsors or program participants for managed account advisory services.

[2]

The fund’s subadviser has contractually agreed to limit the fund’s total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes (federal, state or otherwise), tax reclaim expenses, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, depositary receipt program fees, expenses incurred in connection with any merger or reorganization, expenses incurred in connection with any meeting of the fund's shareholders, unusual or infrequently occurring expenses, litigation expenses (including expenses for responding to document requests for litigation to which the fund is not a party), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 0.00% indefinitely. Only the fund’s Board may modify or terminate the expense limitation agreement.

Expense Example [Heading] Example
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods or continued to hold them. The example also assumes that your investment has a 5% return each year, that the fund’s operating expenses remain the same and that the expense reimbursement agreement remains in place for the contractual period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, With Redemption [Table]
Expense Example - Virtus Stone Harbor EMD MACS
Virtus Stone Harbor EMD MACS
USD ($)
Expense Example, with Redemption, 1 Year $ 0
Expense Example, with Redemption, 3 Years 0
Expense Example, with Redemption, 5 Years 0
Expense Example, with Redemption, 10 Years $ 0
Expense Example, No Redemption [Table]
Expense Example, No Redemption - Virtus Stone Harbor EMD MACS
Virtus Stone Harbor EMD MACS
USD ($)
Expense Example, No Redemption, 1 Year $ 0
Expense Example, No Redemption, 3 Years 0
Expense Example, No Redemption, 5 Years 0
Expense Example, No Redemption, 10 Years $ 0
Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. During the most recent fiscal year, the fund’s portfolio turnover rate was 40% of the average value of its portfolio.

Portfolio Turnover, Rate 40.00%
Virtus Stone Harbor EMD Sovereign MACS  
Prospectus [Line Items]  
Expense Heading [Optional Text] Fees and Expenses
Expense Narrative [Text Block]

The tables below illustrate the fees and expenses that you may pay if you buy, hold and sell shares of the fund. You may pay other fees, such as brokerage commissions and other fees to financial intermediaries, which are not reflected in the tables and examples below.

Shareholder Fees Caption [Optional Text] Shareholder Fees (fees paid directly from your investment)
Shareholder Fees [Table]
Shareholder Fees - Virtus Stone Harbor EMD Sovereign MACS
Virtus Stone Harbor EMD Sovereign MACS
Maximum Sales Charge Imposed on Purchases (as a percentage of Offering Price) 0.00%
Maximum Deferred Sales Charge (as a percentage of Offering Price) 0.00%
Operating Expenses Caption [Optional Text] Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses [Table]
Annual Fund Operating Expenses - Virtus Stone Harbor EMD Sovereign MACS
Virtus Stone Harbor EMD Sovereign MACS
Management Fees (as a percentage of Assets) 0.00% [1]
Other Expenses (as a percentage of Assets): 1.64% [2]
Expenses (as a percentage of Assets) 1.64%
Fee Waiver or Reimbursement (1.64%) [3]
Net Expenses (as a percentage of Assets) 0.00% [3]
[1]

Neither the fund’s investment adviser nor the fund’s subadviser charges a management fee to the fund. Shareholders should be aware, however, that the fund is an integral part of separately managed account programs, and the fund’s investment adviser, the fund’s subadviser or their affiliates will be compensated directly or indirectly by separately managed account program sponsors or program participants for managed account advisory services.

[2]

Estimated for current fiscal year, as annualized.

[3]

The fund’s subadviser has contractually agreed to limit the fund’s total operating expenses (excluding certain expenses, such as front-end or contingent deferred sales charges, taxes (federal, state or otherwise), tax reclaim expenses, leverage and borrowing expenses (such as commitment, amendment and renewal expenses on credit or redemption facilities), interest, brokerage commissions, depositary receipt program fees, expenses incurred in connection with any merger or reorganization, expenses incurred in connection with any meeting of the fund's shareholders, unusual or infrequently occurring expenses, litigation expenses (including expenses for responding to document requests for litigation to which the fund is not a party), acquired fund fees and expenses, and dividend expenses, if any) so that such expenses do not exceed 0.00% indefinitely. Only the fund’s Board may modify or terminate the expense limitation agreement.

Expense Example [Heading] Example
Expense Example Narrative [Text Block]

This example is intended to help you compare the cost of investing in the fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the fund for the time periods indicated and then redeem all of your shares at the end of those periods or continued to hold them. The example also assumes that your investment has a 5% return each year, that the fund’s operating expenses remain the same and that the expense reimbursement agreement remains in place for the contractual period. Although your actual costs may be higher or lower, based on these assumptions your costs would be:

Expense Example by, Year, Caption [Text] Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example, With Redemption [Table]
Expense Example - Virtus Stone Harbor EMD Sovereign MACS
Virtus Stone Harbor EMD Sovereign MACS
USD ($)
Expense Example, with Redemption, 1 Year $ 0
Expense Example, with Redemption, 3 Years 0
Expense Example, with Redemption, 5 Years 0
Expense Example, with Redemption, 10 Years $ 0
Expense Example, No Redemption [Table]
Expense Example, No Redemption - Virtus Stone Harbor EMD Sovereign MACS
Virtus Stone Harbor EMD Sovereign MACS
USD ($)
Expense Example, No Redemption, 1 Year $ 0
Expense Example, No Redemption, 3 Years 0
Expense Example, No Redemption, 5 Years 0
Expense Example, No Redemption, 10 Years $ 0
Portfolio Turnover [Heading] Portfolio Turnover
Portfolio Turnover [Text Block]

The fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when fund shares are held in a taxable account. These costs, which are not reflected in annual fund operating expenses or in the example, affect the fund’s performance. As of the date of this prospectus, the fund has not commenced operations; therefore, portfolio turnover information for the fund is not shown here.