# EDGAR Filing Document

**Accession Number:** 0000823535
**File Stem:** 0001752724-23-034927
**Filing Date:** 2023-2
**Character Count:** 18896
**Document Hash:** 41b221155b312b7ef19ff091a4b7ee3d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-034927.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-034927

**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:** 23656998

**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:** 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:** $1847855361.57

**Total Liabilities:** $208564.19

**Net Assets:** $1847646797.38

**Cash Not Reported:** $0.81

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000048793 | 4.35%                | 6.72%                | -3.32%               |
| Class ID C000048794 | 4.28%                | 6.68%                | -3.32%               |
| Class ID C000048792 | 4.25%                | 6.73%                | -3.33%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-2237507.12             | $80894948.32                               |
| Month 2  | $-859766.20              | $120912305.78                              |
| Month 3  | $-11013858.23            | $-79132415.58                              |

### 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        |    335857 | NS      | $12537528.15  | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Small Cap Fund                   | CUSIP: 315910737<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    600809 | NS      | $16059611.23  | 0.87%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 02/09/2023                                 | CUSIP: 912796XZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    250000 | PA      | $249002.63    | 0.01%             | 2023-02-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 01/26/2023                                 | CUSIP: 912796S34<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    830000 | PA      | $827942.26    | 0.04%             | 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        |   3680819 | NS      | $37581162.02  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 03/30/2023                                 | CUSIP: 912796YM5<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1010000 | PA      | $999653.71    | 0.05%             | 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        |     50000 | PA      | $49919.56     | 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        |    935109 | NS      | $16598185.58  | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Puritan Trust             | Fidelity Low-Priced Stock Fund                          | CUSIP: 316345305<br>LEI: WDA1I420M36T9HTVU696 | Long             | EC               | RF                | US        |   1142710 | NS      | $52781768.39  | 2.86%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 02/02/2023                                 | CUSIP: 912796XT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   1580000 | PA      | $1574987.01   | 0.09%             | 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        |   1328671 | NS      | $27729357.53  | 1.50%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Oxford Street Trust       | Fidelity Commodity Strategy Fund                        | CUSIP: 31634R307<br>LEI: Z2ZIGDKL3355UQRAKY22 | Long             | EC               | RF                | US        |    119294 | NS      | $12307517.41  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | FIDELITY EMERGING MARKETS FUND                          | CUSIP: 315910869<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   4057387 | NS      | $127483094.56 | 6.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | FIDELITY ADVISOR INTERNATIONAL VALUE FUND               | CUSIP: 315910489<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   2768348 | NS      | $23281803.06  | 1.26%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Income Fund               | Fidelity Total Bond Fund                                | CUSIP: 31617K881<br>LEI: D66RCKM57LC8ELZCAY58 | Long             | EC               | RF                | US        |  18253205 | NS      | $170302404.12 | 9.22%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Summer Street Trust       | Fidelity High Income Fund                               | CUSIP: 316146406<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |   1996221 | NS      | $14532490.17  | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Global Commodity Stock Fund                    | CUSIP: 31618H606<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   1986147 | NS      | $38233337.01  | 2.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Summer Street Trust       | Fidelity New Markets Income Fund                        | CUSIP: 315910836<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |    811912 | NS      | $9345106.82   | 0.51%             |  |  |  | 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        |   1773560 | NS      | $17983895.04  | 0.97%             |  |  |  | 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        |  18397144 | NS      | $170909472.01 | 9.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Canada Fund                                    | CUSIP: 315910307<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    272879 | NS      | $15892455.49  | 0.86%             |  |  |  | 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        |       -93 | NC      | $41545.08     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 01/05/2023                                 | CUSIP: 912796X95<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    980000 | PA      | $979802.10    | 0.05%             | 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        |  12363304 | NS      | $12365776.32  | 0.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Greenwood Street Trust    | Fidelity Hedged Equity Fund                             | CUSIP: 31624J844<br>LEI: 549300467DYGTZIRI308 | Long             | EC               | MUN               | US        |    490319 | NS      | $4662933.07   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Puritan Trust             | Fidelity Value Discovery Fund                           | CUSIP: 316345503<br>LEI: WDA1I420M36T9HTVU696 | Long             | EC               | RF                | US        |    664438 | NS      | $23354992.01  | 1.26%             |  |  |  | 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        |       327 | NC      | $4452.92      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Discovery Fund                   | CUSIP: 315910208<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    915687 | NS      | $36307008.19  | 1.97%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Contrafund                | Fidelity Contrafund                                     | CUSIP: 316071109<br>LEI: S5Y3O6VQ0TG5C3WLJP73 | Long             | EC               | RF                | US        |   1705827 | NS      | $20623453.50  | 1.12%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 02/16/2023                                 | CUSIP: 912796YA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    280000 | PA      | $278607.58    | 0.02%             | 2023-02-16      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Commonwealth Trust II     | Fidelity Large Cap Value Enhanced Index Fund            | CUSIP: 31606X209<br>LEI: PJO8XCGPPRYUY4CZV047 | Long             | EC               | RF                | US        |   1826578 | NS      | $26174865.53  | 1.42%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Emerging Markets Discovery Fund                | CUSIP: 31618H549<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    995936 | NS      | $13843508.90  | 0.75%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Salem Street Trust        | Fidelity Inflation-Protected Bond Index Fund            | CUSIP: 31635T104<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |   3905624 | NS      | $35228730.82  | 1.91%             |  |  |  | No            |                  1 | On Loan: No      |
| ICE FUTURES US                     | MSCI EAFE FUT MAR23 MFSH3                               | CUSIP: N/A<br>LEI: N/A                        | N/A              | DE               | CORP              | US        |       276 | NC      | $-515108.22   | -0.03%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Devonshire Trust          | FIDELITY EQUITY-INCOME FUND INC                         | CUSIP: 316138106<br>LEI: 2YVQGEKVQ2H3HLS69325 | Long             | EC               | RF                | US        |    712618 | NS      | $45422286.87  | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Advisor Series I          | Fidelity Floating Rate High Income Fund                 | CUSIP: 315916783<br>LEI: C7J4FOV6ELAVE39B7M82 | Long             | EC               | RF                | US        |   5409265 | NS      | $48575201.42  | 2.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Commonwealth Trust II     | Fidelity International Enhanced Index Fund              | CUSIP: 31606X407<br>LEI: PJO8XCGPPRYUY4CZV047 | Long             | EC               | RF                | US        |   3905262 | NS      | $36553247.98  | 1.98%             |  |  |  | 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        |      -353 | NC      | $1903361.86   | 0.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Overseas Fund                                  | CUSIP: 316343102<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   2821729 | NS      | $142666637.25 | 7.72%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 03/02/2023                                 | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    470000 | PA      | $466790.23    | 0.03%             | 2023-03-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Japan Smaller Companies Fund                   | CUSIP: 315910760<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    963982 | NS      | $12984833.74  | 0.70%             |  |  |  | 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        |  76245485 | NS      | $619113335.19 | 33.51%            |  |  |  | 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