# EDGAR Filing Document

**Accession Number:** 0000823535
**File Stem:** 0000035402-26-001349
**Filing Date:** 2026-2
**Character Count:** 9135
**Document Hash:** 9cdd04126eadf93a4764693ad55926f2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000035402-26-001349.hdr.sgml**: 20260224

**ACCESSION NUMBER**: 0000035402-26-001349

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260224

**DATE AS OF CHANGE**: 20260224

**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:** 26670518

**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

### Target Volatility Portfolio (Series ID: S000039767)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000123283 | Service Class   |  |
| C000123284 | 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 Target Volatility Portfolio

- **b. EDGAR series identifier (if any):** S000039767

- **c. LEI of Series:** 549300PDUPP06EO9QQ95

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

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

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **Yes**

### Fund Information

**Total Assets:** $7529801.38

**Total Liabilities:** $1789.45

**Net Assets:** $7528011.93

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000123284 | 1.42%                | 0.07%                | 0.59%                |
| Class ID C000123283 | 1.27%                | 0.00%                | 0.66%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $23496062.68             | $-23191495.87                              |
| Month 2  | $77900.14                | $-147838.60                                |
| Month 3  | $231844.35               | $-228191.73                                |

### 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 Capital Trust               | FIDELITY STOCK SELECTOR SMALL CAP FUND          | CUSIP: 315912303<br>LEI: IV6I0ESBGYIQU6DO1B35 | Long             | EC               | RF                | US        |      3374 | NS      | $142818.75    | 1.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | FIDELITY EMERGING MARKETS FUND                  | CUSIP: 315910869<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |     12878 | NS      | $642250.20    | 8.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Variable Insurance Products Fund III | FIDELITY VIP VALUE STRATEGIES PORTFOLIOInvestor | CUSIP: 922176615<br>LEI: C88PZA3GJP7OWPNW6V03 | Long             | EC               | RF                | US        |      4087 | NS      | $64322.74     | 0.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | FIDELITY INTERNATIONAL VALUE FUND               | CUSIP: 315910489<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |     15185 | NS      | $214415.70    | 2.85%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Income Fund                 | Fidelity Total Bond Fund                        | CUSIP: 31617K881<br>LEI: D66RCKM57LC8ELZCAY58 | Long             | EC               | RF                | US        |    186522 | NS      | $1803664.96   | 23.96%            |  |  |  | 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        |       827 | NS      | $7680.71      | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Salem Street Trust          | FIDELITY US BOND INDEX FUNDFIDELITY ADV         | CUSIP: 316146356<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |     28131 | NS      | $297061.51    | 3.95%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity Canada Fund                            | CUSIP: 315910307<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |       593 | NS      | $46360.74     | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust         | Fidelity Cash Central Fund                      | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |    302295 | NS      | $302355.21    | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Greenwood Street Trust      | Fidelity Hedged Equity Fund                     | CUSIP: 31624J844<br>LEI: 549300467DYGTZIRI308 | Long             | EC               | MUN               | US        |      6301 | NS      | $93945.21     | 1.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Colchester Street Trust     | FIMM MM Government Portfolio - Instl Cl         | CUSIP: 31607A703<br>LEI: 549300SHPEJB1OPRCV46 | Long             | EC               | RF                | US        |      8291 | NS      | $8290.91      | 0.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Contrafund                  | Fidelity Contrafund                             | CUSIP: 316071109<br>LEI: S5Y3O6VQ0TG5C3WLJP73 | Long             | EC               | RF                | US        |      2130 | NS      | $51758.17     | 0.69%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity Overseas Fund                          | CUSIP: 316343102<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |     15598 | NS      | $1123544.68   | 14.92%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust            | Fidelity Japan Smaller Companies Fund           | CUSIP: 315910760<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |       871 | NS      | $14618.70     | 0.19%             |  |  |  | No            |                  1 | On Loan: No      |
| Variable Insurance Products Fund     | VIP Stock Selector Portfolio - Investor Class   | CUSIP: 922174362<br>LEI: 549300DXU3EB0NDEJ256 | Long             | EC               | RF                | US        |    188333 | NS      | $2708222.27   | 35.98%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-30

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

**Signature:** Laura M. Del Prato

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

**Title:** President and Treasurer