# EDGAR Filing Document

**Accession Number:** 0000823535
**File Stem:** 0000823535-25-000391
**Filing Date:** 2025-10
**Character Count:** 2344
**Document Hash:** faffb3ae7c7b30cd46c75eb8309d07cc
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000823535-25-000391.hdr.sgml**: 20251031

**ACCESSION NUMBER**: 0000823535-25-000391

**CONFORMED SUBMISSION TYPE**: 497K

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251031

**DATE AS OF CHANGE**: 20251031

**EFFECTIVENESS DATE**: 20251031

**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:** 497K
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-17704
- **FILM NUMBER:** 251438346

**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

### Investment Grade Bond II Portfolio (Series ID: S000076420)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000236280 | Initial Class  |  |
| C000236281 | Investor Class |  |

**Supplement to the**

**Fidelity® Variable Insurance Products**

**Investment Grade Bond II Portfolio**

**Initial Class**

**April 30, 2025**

**Summary Prospectus**

The following information supplements information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Sean Corcoran (Co-Portfolio Manager) has managed the fund since 2025.

VIGBI-SUSTK-1125-102 1.9911409.102 November 1, 2025

**Supplement to the**

**Fidelity® Variable Insurance Products**

**Investment Grade Bond II Portfolio**

**Investor Class**

**April 30, 2025**

**Summary Prospectus**

The following information supplements information found in the "Fund Summary" section under the "Portfolio Manager(s)" heading.

Sean Corcoran (Co-Portfolio Manager) has managed the fund since 2025.

VIGBV-SUSTK-1125-102 1.9911414.102 November 1, 2025