Virtus Tactical Allocation Fund

Top 10 Holdings As Of: August 31, 2021 Top 10 Holdings As Of: July 30, 2021 Security % Total Security % Total Bill.com Holdings Inc 5.35 .com Inc 4.20 Amazon.com Inc 4.23 Bill.com Holdings Inc 4.17 NVIDIA Corp 3.43 Facebook Inc 3.26 Facebook Inc 3.35 NVIDIA Corp 3.09 Paycom Software Inc 2.25 Visa Inc 2.44 Visa Inc 2.19 Paycom Software Inc 1.91 Avalara Inc 1.71 Holding Ltd 1.73 Inc 1.70 Avalara Inc 1.65 NIKE Inc 1.50 Netflix Inc 1.60 MercadoLibre Inc 1.49 NIKE Inc 1.57 Total: 27.21 Total: 25.62 Top 10 Holdings As Of: June 30, 2021 Top 10 Holdings As Of: May 28, 2021 Security % Total Security % Total Amazon.com Inc 4.40 Amazon.com Inc 4.23 Bill.com Holdings Inc 3.74 Bill.com Holdings Inc 3.12 Facebook Inc 3.22 Facebook Inc 3.12 NVIDIA Corp 3.21 NVIDIA Corp 2.67 Visa Inc 2.35 Visa Inc 2.34 Alibaba Group Holding Ltd 2.03 Alibaba Group Holding Ltd 1.97 Paycom Software Inc 1.75 Paycom Software Inc 1.63 Netflix Inc 1.66 Netflix Inc 1.62 Avalara Inc 1.62 Holdings Ltd 1.60 Tencent Holdings Ltd 1.49 Zoetis Inc 1.37 Total: 25.47 Total: 23.66

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Holdings are subject to change and are provided solely for reference. This information is not intended as investment advice and should not be considered as a recommendation to buy securities. Distributed by VP Distributors, LLC, member FINRA and subsidiary of Virtus Investment Partners, Inc. 7071 09-21