# EDGAR Filing Document

**Accession Number:** 0000823535
**File Stem:** 0001752724-23-034938
**Filing Date:** 2023-2
**Character Count:** 18502
**Document Hash:** ef2473b68c8f2087555ead9048b2c692
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-034938.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-034938

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230223

**DATE AS OF CHANGE**: 20230223

**PERIOD START**: 20221231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Variable Insurance Products Fund V
- **CENTRAL INDEX KEY:** 0000823535
- **IRS NUMBER:** 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:** 23657010

**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 50% Portfolio (Series ID: S000017655)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000048789 | Investor Class  |  |
| C000048790 | Service Class   |  |
| C000048791 | 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 50% Portfolio

- **b. EDGAR series identifier (if any):** S000017655

- **c. LEI of Series:** YWKT2J172NWYKHDSDL71

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

- **a. Date of fiscal year-end:** 2022-12-31

- **b. Date as of which information is reported:** 2022-12-31

**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:** $4497344314.75

**Total Liabilities:** $391529.02

**Net Assets:** $4496952785.73

**Cash Not Reported:** $0.64

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000048791 | 2.83%                | 5.51%                | -2.56%               |
| Class ID C000048790 | 2.81%                | 5.47%                | -2.48%               |
| Class ID C000048789 | 2.92%                | 5.47%                | -2.57%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-20270915.66            | $164704086.91                              |
| Month 2  | $-19779777.87            | $257172260.84                              |
| Month 3  | $-20233440.32            | $-154746660.02                             |

### 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        |    814652 | NS      | $30410963.30   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Small Cap Fund                   | CUSIP: 315910737<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    983093 | NS      | $26278064.82   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 01/26/2023                                 | CUSIP: 912796S34<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    220000 | PA      | $219454.57     | 0.00%             | 2023-01-26      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Summer Street Trust       | FIDELITY US LOW VOLATILITY EQUITY FUND                  | CUSIP: 31641Q599<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |   8904495 | NS      | $90914896.27   | 2.02%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 03/30/2023                                 | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   6770000 | PA      | $6700649.14    | 0.15%             | 2023-03-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 01/19/2023                                 | CUSIP: 912796XS3<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    170000 | PA      | $169726.49     | 0.00%             | 2023-01-19      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Small Cap Opportunities Fund     | CUSIP: 315910562<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   2017582 | NS      | $35812075.90   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Puritan Trust             | Fidelity Low-Priced Stock Fund                          | CUSIP: 316345305<br>LEI: WDA1I420M36T9HTVU696 | Long             | EC               | RF                | US        |   1568283 | NS      | $72438976.99   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 02/02/2023                                 | CUSIP: 912796XT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   5840000 | PA      | $5821470.96    | 0.13%             | 2023-02-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Capital Appreciation Fund        | CUSIP: 315910810<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   2259595 | NS      | $47157757.96   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Oxford Street Trust       | Fidelity Commodity Strategy Fund                        | CUSIP: 31634R307<br>LEI: Z2ZIGDKL3355UQRAKY22 | Long             | EC               | RF                | US        |    280306 | NS      | $28919122.33   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | FIDELITY EMERGING MARKETS FUND                          | CUSIP: 315910869<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   6538344 | NS      | $205434766.25  | 4.57%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | FIDELITY ADVISOR INTERNATIONAL VALUE FUND               | CUSIP: 315910489<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   4832423 | NS      | $40640680.43   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Income Fund               | Fidelity Total Bond Fund                                | CUSIP: 31617K881<br>LEI: D66RCKM57LC8ELZCAY58 | Long             | EC               | RF                | US        |  84374863 | NS      | $787217467.16  | 17.51%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Summer Street Trust       | Fidelity High Income Fund                               | CUSIP: 316146406<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |   4787789 | NS      | $34855104.71   | 0.78%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Global Commodity Stock Fund                    | CUSIP: 31618H606<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   4272793 | NS      | $82251265.44   | 1.83%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Summer Street Trust       | Fidelity New Markets Income Fund                        | CUSIP: 315910836<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |    913300 | NS      | $10512082.47   | 0.23%             |  |  |  | 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        |   2138005 | NS      | $21679373.89   | 0.48%             |  |  |  | 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        |  85046616 | NS      | $790083067.02  | 17.57%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Canada Fund                                    | CUSIP: 315910307<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    451285 | NS      | $26282839.39   | 0.58%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES US                     | MSCI EMGMKT FUT MAR23 MESH3                             | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |      -483 | NC      | $215717.22     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 01/05/2023                                 | CUSIP: 912796X95<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1290000 | PA      | $1289739.50    | 0.03%             | 2023-01-05      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Revere Street Trust       | Fidelity Cash Central Fund                              | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |  21830914 | NS      | $21835279.75   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Greenwood Street Trust    | Fidelity Hedged Equity Fund                             | CUSIP: 31624J844<br>LEI: 549300467DYGTZIRI308 | Long             | EC               | MUN               | US        |   1250664 | NS      | $11893816.50   | 0.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust   | FIMM MM Government Portfolio - Instl Cl                 | CUSIP: 31607A703<br>LEI: 549300SHPEJB1OPRCV46 | Long             | EC               | RF                | US        |  56833404 | NS      | $56833403.56   | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Puritan Trust             | Fidelity Value Discovery Fund                           | CUSIP: 316345503<br>LEI: WDA1I420M36T9HTVU696 | Long             | EC               | RF                | US        |    878518 | NS      | $30879909.28   | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO BOARD OF TRADE             | US 5YR NOTE (CBT) FUT MAR23 FVH3                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              | CORP              | US        |       819 | NC      | $11152.73      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Discovery Fund                   | CUSIP: 315910208<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   1528502 | NS      | $60605095.02   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Contrafund                | Fidelity Contrafund                                     | CUSIP: 316071109<br>LEI: S5Y3O6VQ0TG5C3WLJP73 | Long             | EC               | RF                | US        |   1126570 | NS      | $13620231.07   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Commonwealth Trust II     | Fidelity Large Cap Value Enhanced Index Fund            | CUSIP: 31606X209<br>LEI: PJO8XCGPPRYUY4CZV047 | Long             | EC               | RF                | US        |   1855999 | NS      | $26596466.73   | 0.59%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Emerging Markets Discovery Fund                | CUSIP: 31618H549<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   3032347 | NS      | $42149620.96   | 0.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Salem Street Trust        | Fidelity Inflation-Protected Bond Index Fund            | CUSIP: 31635T104<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |   9793070 | NS      | $88333492.30   | 1.96%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 01/12/2023                                 | CUSIP: 912796XR5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1360000 | PA      | $1358819.34    | 0.03%             | 2023-01-12      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| ICE FUTURES US                     | MSCI EAFE FUT MAR23 MFSH3                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |       251 | NC      | $-468455.69    | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Devonshire Trust          | FIDELITY EQUITY-INCOME FUND INC                         | CUSIP: 316138106<br>LEI: 2YVQGEKVQ2H3HLS69325 | Long             | EC               | RF                | US        |    791980 | NS      | $50480791.56   | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Advisor Series I          | Fidelity Floating Rate High Income Fund                 | CUSIP: 315916783<br>LEI: C7J4FOV6ELAVE39B7M82 | Long             | EC               | RF                | US        |  14481668 | NS      | $130045378.56  | 2.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Commonwealth Trust II     | Fidelity International Enhanced Index Fund              | CUSIP: 31606X407<br>LEI: PJO8XCGPPRYUY4CZV047 | Long             | EC               | RF                | US        |   6998825 | NS      | $65508998.66   | 1.46%             |  |  |  | No            |                  1 | On Loan: No      |
| CHICAGO MERCANTILE EXCH INC        | S and P500 EMINI FUT MAR23 ESH3                         | CUSIP: N/A<br>LEI: SNZ2OJLFK8MNNCLQOF39       | N/A              | DE               | CORP              | US        |     -1269 | NC      | $6842397.18    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Overseas Fund                                  | CUSIP: 316343102<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   4768497 | NS      | $241095200.69  | 5.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Japan Smaller Companies Fund                   | CUSIP: 315910760<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   2804268 | NS      | $37773486.50   | 0.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Variable Insurance Products Fund   | VIP Stock Selector All Cap Portfolio - Investor Class   | CUSIP: 922174362<br>LEI: 549300DXU3EB0NDEJ256 | Long             | EC               | RF                | US        | 156243655 | NS      | $1268698476.12 | 28.21%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

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

**Signature:** Laura M. Del Prato

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

**Title:** President and Treasurer