Virtus Investment Trust has filed a summary prospectus for its Virtus Silvant Mid-Cap Growth Fund, marking a significant update in its offerings. This filing, dated October 28, 2026, provides essential information about the fund's investment objectives, fees, and expenses, which are crucial for potential investors.

The Virtus Silvant Mid-Cap Growth Fund aims for long-term capital appreciation, a goal that aligns with the interests of many investors seeking growth in their portfolios. The prospectus outlines the various classes of shares available, including Class A, Class C, Institutional, and Class R6, each with distinct fee structures.

Background

Virtus Investment Trust, incorporated in Massachusetts, operates within the investment sector. The company is known for managing a variety of mutual funds and investment products. The recent filing is part of a series of documents submitted to the SEC, including several other 497K forms on the same date, indicating an active effort to update investors on their offerings.

What the Filing Says

The filing provides a comprehensive overview of the fund's fees and expenses. It states, "Before you invest, you may want to review the fund’s prospectus, which contains more information about the fund and its risks." This highlights the importance of transparency and informed decision-making for investors.

The prospectus details the maximum sales charge imposed on purchases, which is 5.50% for Class A shares, while Class C shares do not have a sales charge. Additionally, it outlines the annual fund operating expenses, which include management fees and distribution fees, providing a clear picture of the costs associated with investing in the fund.

Impact

This filing may affect various stakeholders, including current and potential investors in the Virtus Silvant Mid-Cap Growth Fund. By clearly outlining the fund's objectives and fee structure, Virtus aims to attract new investors while retaining existing ones. The mutual fund industry will also be watching how this update influences investor behavior and competition among similar funds.

What's Next

The filing does not say what happens next. However, the detailed prospectus serves as a foundation for Virtus to engage with investors and address any questions they may have regarding the fund's performance and management.