VIRTUS DISCIPLINED SELECT BOND FUND CLASS I (VDBIX) Exchange: NMFQS

DELISTED - The fund seeks to maximize total return over a full market cycle in the bond market by tactically allocating net assets among six subsectors within the broad Treasury, Treasury Inflation Protected Securities (TIPS) and Corporate classifications of the bond market as set forth below:Treasuries:•Short term U.S. Treasury Securities (1-3 year maturities)•Medium term U.S. Treasury Securities (7-10 year maturities)•Long term U.S. Treasury securities (20+ year maturities)Treasury Inflation Protected Securities:•TIPSCorporate Bonds:•Investment Grade Corporate Bonds•High Yield Corporate Securities (Junk Bonds)Allocations are based on a quantitative model that estimates performance trends for each pairing of these six subsectors of the bond market relative to each other and uses these estimates to generate, on a weekly basis, a positive or negative signal for each of the broad Treasury, TIPS and Corporate classifications. The classifications with positive signals will receive allocations, whereas the classifications with negative signals will not.Each allocation may be invested in ETFs and/or baskets of securities representative of such ETFs. The fund may invest in a basket of securities to represent an ETF if it determines that investment in the ETF is not feasible or otherwise not in the best interest of the fund. Under normal circumstances, the fund intends to invest at least 80% of its assets in ETFs and/or securities representative of the bond market.