# EDGAR Filing Document

**Accession Number:** 0000823535
**File Stem:** 0001752724-25-198637
**Filing Date:** 2025-8
**Character Count:** 17444
**Document Hash:** 187053547b942390b2d782697f46ac1c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-198637.hdr.sgml**: 20250822

**ACCESSION NUMBER**: 0001752724-25-198637

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250822

**DATE AS OF CHANGE**: 20250822

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Variable Insurance Products Fund V
- **CENTRAL INDEX KEY:** 0000823535

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05361
- **FILM NUMBER:** 251243470

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY BOSTON STREET TRUST
- **DATE OF NAME CHANGE:** 19951101

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** SPARTAN U S TREASURY MONEY MARKET FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY U S TREASURY MONEY MARKET FUND L P
- **DATE OF NAME CHANGE:** 19900828

## Series and Classes Contracts Data

### FundsManager 70% Portfolio (Series ID: S000017656)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000048792 | Investor Class  |  |
| C000048793 | Service Class   |  |
| C000048794 | Service Class 2 |  |

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** Variable Insurance Products Fund V

- **b. Investment Company Act file number:** 811-05361

- **c. CIK number of Registrant:** 0000823535

- **d. LEI of Registrant:** S8GYVGVVOPTJ8G3T5C60

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

**Item A.2. Information about the Series.**

- **a. Name of Series:** VIP FundsManager 70% Portfolio

- **b. EDGAR series identifier (if any):** S000017656

- **c. LEI of Series:** KUCJXZZR6S37Y6AK0135

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-06-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $2466628498.75

**Total Liabilities:** $209278.57

**Net Assets:** $2466419220.18

**Cash Not Reported:** $0.57

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000048793 | 0.62%                | 4.21%                | 4.11%                |
| Class ID C000048794 | 0.54%                | 4.24%                | 4.15%                |
| Class ID C000048792 | 0.62%                | 4.21%                | 4.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2930006.89             | $15985412.97                               |
| Month 2  | $775901.61               | $93842177.41                               |
| Month 3  | $-363750.00              | $94012828.72                               |

### Schedule of Portfolio Investments

| Name                                 | Title                                                   | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Fidelity Select Portfolios           | Fidelity Real Estate Investment Portfolio               | CUSIP: 316138205<br>LEI: Z57125JG1LHEQKDYS630 | Long             | EC               | RF                | US        |    130892 | NS      | $5153202.41   | 0.21%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity International Small Cap Fund                   | CUSIP: 315910737<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    642278 | NS      | $23500951.32  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES US                       | MSCI EAFE FUT SEP25 MFSU5                               | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | N/A              | DE               | CORP              | US        |       152 | NC      | $372101.65    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity International Small Cap Opportunities Fund     | CUSIP: 315910562<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   1190036 | NS      | $28120542.43  | 1.14%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Covington Trust             | Fidelity Blue Chip Growth ETF                           | CUSIP: 316092352<br>LEI: 549300JFYFTF85QAQR28 | Long             | EC               | RF                | US        |    678009 | NS      | $32707154.16  | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity International Capital Appreciation Fund        | CUSIP: 315910810<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   1414732 | NS      | $46488105.32  | 1.88%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Covington Trust             | Fidelity Enhanced International ETF                     | CUSIP: 31609A404<br>LEI: 549300JFYFTF85QAQR28 | Long             | EC               | RF                | US        |   1711137 | NS      | $56912416.62  | 2.31%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Capital Trust               | FIDELITY STOCK SELECTOR SMALL CAP FUND                  | CUSIP: 315912303<br>LEI: IV6I0ESBGYIQU6DO1B35 | Long             | EC               | RF                | US        |   1864382 | NS      | $68982130.97  | 2.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Oxford Street Trust         | Fidelity Commodity Strategy Fund                        | CUSIP: 31634R307<br>LEI: Z2ZIGDKL3355UQRAKY22 | Long             | EC               | RF                | US        |    126658 | NS      | $12178155.55  | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                            | UST BILLS 0% 07/31/2025                                 | CUSIP: 912797PG6<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    120000 | PA      | $119583.30    | 0.00%             | 2025-07-31      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST BILLS                            | UST BILLS 0% 07/10/2025                                 | CUSIP: 912797LW5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1180000 | PA      | $1178763.45   | 0.05%             | 2025-07-10      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust            | FIDELITY EMERGING MARKETS FUND                          | CUSIP: 315910869<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   4595441 | NS      | $197236319.29 | 8.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Variable Insurance Products Fund III | FIDELITY VIP VALUE STRATEGIES PORTFOLIOInvestor         | CUSIP: 922176615<br>LEI: C88PZA3GJP7OWPNW6V03 | Long             | EC               | RF                | US        |   2603591 | NS      | $38090530.29  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | FIDELITY INTERNATIONAL VALUE FUND                       | CUSIP: 315910489<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   2986951 | NS      | $38113489.25  | 1.55%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Income Fund                 | Fidelity Total Bond Fund                                | CUSIP: 31617K881<br>LEI: D66RCKM57LC8ELZCAY58 | Long             | EC               | RF                | US        |  22112213 | NS      | $212056118.83 | 8.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Summer Street Trust         | Fidelity High Income Fund                               | CUSIP: 316146406<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |   5889756 | NS      | $47294742.77  | 1.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity Global Commodity Stock Fund                    | CUSIP: 31618H606<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    228639 | NS      | $4474467.83   | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE               | US 10YR NOTE FUT (CBT)SEP25 TYU5                        | CUSIP: N/A<br>LEI: 549300EX04Q2QBFQTQ27       | N/A              | DIR              | CORP              | US        |       187 | NC      | $483287.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                            | UST BILLS 0% 07/03/2025                                 | CUSIP: 912797NX1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    780000 | PA      | $779818.39    | 0.03%             | 2025-07-03      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Summer Street Trust         | Fidelity New Markets Income Fund                        | CUSIP: 315910836<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |     93615 | NS      | $1216060.68   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | FIDELITY INFRASTRUCTURE FUND                            | CUSIP: 31618H168<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    157385 | NS      | $2477246.16   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Salem Street Trust          | Fidelity Long-Term Treasury Bond Index Fund             | CUSIP: 31635V232<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |   3278800 | NS      | $30427264.46  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Variable Insurance Products Fund V   | VIP Investment Grade Bond II Portfolio - Investor Class | CUSIP: 922178645<br>LEI: S8GYVGVVOPTJ8G3T5C60 | Long             | EC               | RF                | US        |  22135562 | NS      | $212280035.22 | 8.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity Canada Fund                                    | CUSIP: 315910307<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    305143 | NS      | $23395320.02  | 0.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Covington Trust             | Fidelity Enhanced Large Cap Core ETF                    | CUSIP: 316092113<br>LEI: 549300JFYFTF85QAQR28 | Long             | EC               | RF                | US        |    402559 | NS      | $13884259.91  | 0.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust         | Fidelity Cash Central Fund                              | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  69703795 | NS      | $69717735.40  | 2.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Greenwood Street Trust      | Fidelity Hedged Equity Fund                             | CUSIP: 31624J844<br>LEI: 549300467DYGTZIRI308 | Long             | EC               | MUN               | US        |   2177663 | NS      | $30291286.00  | 1.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity International Discovery Fund                   | CUSIP: 315910208<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    974313 | NS      | $55915818.65  | 2.27%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Contrafund                  | Fidelity Contrafund                                     | CUSIP: 316071109<br>LEI: S5Y3O6VQ0TG5C3WLJP73 | Long             | EC               | RF                | US        |   1351717 | NS      | $31535559.29  | 1.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity Emerging Markets Discovery Fund                | CUSIP: 31618H549<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   1192293 | NS      | $21568582.07  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Salem Street Trust          | Fidelity Inflation-Protected Bond Index Fund            | CUSIP: 31635T104<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |   6317555 | NS      | $58626912.75  | 2.38%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                            | UST BILLS 0% 07/24/2025                                 | CUSIP: 912797PF8<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     20000 | PA      | $19946.78     | 0.00%             | 2025-07-24      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES US                       | MSCI EMGMKT FUT SEP25 MESU5                             | CUSIP: N/A<br>LEI: 5493004R83R1LVX2IL36       | N/A              | DE               | CORP              | US        |       394 | NC      | $405488.48    | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Advisor Series I            | Fidelity Floating Rate High Income Fund                 | CUSIP: 315916783<br>LEI: C7J4FOV6ELAVE39B7M82 | Long             | EC               | RF                | US        |   1872008 | NS      | $17166311.27  | 0.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Covington Trust             | Fidelity Fundamental Small-Mid Cap ETF                  | CUSIP: 316092295<br>LEI: 549300JFYFTF85QAQR28 | Long             | EC               | RF                | US        |   1074118 | NS      | $29205268.42  | 1.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity Overseas Fund                                  | CUSIP: 316343102<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   3038510 | NS      | $228769423.17 | 9.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity Japan Smaller Companies Fund                   | CUSIP: 315910760<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   1096518 | NS      | $20307507.08  | 0.82%             |  |  |  | No            |                  1 | On Loan: No      |
| Variable Insurance Products Fund     | VIP Stock Selector Portfolio - Investor Class           | CUSIP: 922174362<br>LEI: 549300DXU3EB0NDEJ256 | Long             | EC               | RF                | US        |  63130187 | NS      | $804909887.28 | 32.63%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-30

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer