# EDGAR Filing Document

**Accession Number:** 0000927384
**File Stem:** 0000927384-25-000074
**Filing Date:** 2025-11
**Character Count:** 4360
**Document Hash:** fd996bb5adf61c49c060f4a26dc0f7fb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000927384-25-000074.hdr.sgml**: 20251118

**ACCESSION NUMBER**: 0000927384-25-000074

**CONFORMED SUBMISSION TYPE**: 497

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20251118

**DATE AS OF CHANGE**: 20251118

**EFFECTIVENESS DATE**: 20251118

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VARIABLE INSURANCE PRODUCTS FUND III
- **CENTRAL INDEX KEY:** 0000927384

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

**FILING VALUES:**
- **FORM TYPE:** 497
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 033-54837
- **FILM NUMBER:** 251493037

**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:** VARIABLE INSURANCE PRODUCTS III
- **DATE OF NAME CHANGE:** 19970106

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY ADVISOR ANNUITY FUND
- **DATE OF NAME CHANGE:** 19940722

## Series and Classes Contracts Data

### Balanced Portfolio (Series ID: S000007730)

---

|  |  |  |
|:---|:---|:---|
| Class Name      | Ticker Symbol | Class ID   |
| Initial Class   | nan           | C000021026 |
| Investor Class  | nan           | C000021027 |
| Service Class   | nan           | C000021028 |
| Service Class 2 | QBA2Q         | C000021029 |

---

## Series and Classes Contracts Data

### Balanced Portfolio (Series ID: S000007730)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000021026 | Initial Class   |  |
| C000021027 | Investor Class  |  |
| C000021028 | Service Class   |  |
| C000021029 | Service Class 2 | QBA2Q           |

**Supplement to the Fidelity® Variable Insurance Products Balanced Portfolio Initial Class, Service Class, and Service Class 2 April 30, 2025 Prospectus**

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

Matthew Reed (Co-Portfolio Manager) has managed the fund since 2025.

Samuel Wald (Co-Portfolio Manager) has managed the fund since 2025.

It is expected that on or about January 31, 2026, Mr. Sorel will transition off the fund.

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

Matthew Reed is Co-Portfolio Manager of VIP Balanced Portfolio, which he has managed since 2025. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Reed has worked as a research analyst and portfolio manager.

Samuel Wald is Co-Portfolio Manager of VIP Balanced Portfolio, which he has managed since 2025. He also manages other funds. Since joining Fidelity Investments in 1996, Mr. Wald has worked as a research analyst and portfolio manager.

It is expected that on or about January 31, 2026, Mr. Sorel will transition off VIP Balanced Portfolio.

VBAL-PSTK-1125-124 1.918616.124 November 18, 2025

**Supplement to the Fidelity® Variable Insurance Products Balanced Portfolio Investor Class April 30, 2025 Prospectus**

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

Matthew Reed (Co-Portfolio Manager) has managed the fund since 2025.

Samuel Wald (Co-Portfolio Manager) has managed the fund since 2025.

It is expected that on or about January 31, 2026, Mr. Sorel will transition off the fund.

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

Matthew Reed is Co-Portfolio Manager of VIP Balanced Portfolio, which he has managed since 2025. He also manages other funds. Since joining Fidelity Investments in 2008, Mr. Reed has worked as a research analyst and portfolio manager.

Samuel Wald is Co-Portfolio Manager of VIP Balanced Portfolio, which he has managed since 2025. He also manages other funds. Since joining Fidelity Investments in 1996, Mr. Wald has worked as a research analyst and portfolio manager.

It is expected that on or about January 31, 2026, Mr. Sorel will transition off VIP Balanced Portfolio.

VB-INV-PSTK-1125-124 1.918617.124 November 18, 2025