# EDGAR Filing Document

**Accession Number:** 0000823535
**File Stem:** 0001752724-23-034966
**Filing Date:** 2023-2
**Character Count:** 18090
**Document Hash:** 7b3a954945a09a12e067ee4f48b1295c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-034966.hdr.sgml**: 20230223

**ACCESSION NUMBER**: 0001752724-23-034966

**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:** 23657033

**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 85% Portfolio (Series ID: S000017657)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000048795 | Investor Class  |  |
| C000048796 | Service Class   |  |
| C000048797 | 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 85% Portfolio

- **b. EDGAR series identifier (if any):** S000017657

- **c. LEI of Series:** QJRBSZCUS25EU7U25366

**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:** $684949146.97

**Total Liabilities:** $164848.42

**Net Assets:** $684784298.55

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000048795 | 5.45%                | 7.60%                | -3.91%               |
| Class ID C000048796 | 5.42%                | 7.57%                | -3.89%               |
| Class ID C000048797 | 5.40%                | 7.59%                | -3.91%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1113713.90             | $35818265.42                               |
| Month 2  | $-1956283.59             | $51872364.65                               |
| Month 3  | $-2739923.92             | $-35279554.79                              |

### 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        |    165892 | NS      | $6192734.66   | 0.90%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Small Cap Fund                   | CUSIP: 315910737<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    267522 | NS      | $7150854.24   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 02/09/2023                                 | CUSIP: 912796XZ7<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    200000 | PA      | $199202.10    | 0.03%             | 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        |    120000 | PA      | $119702.49    | 0.02%             | 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        |   1359631 | NS      | $13881828.18  | 2.03%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Small Cap Opportunities Fund     | CUSIP: 315910562<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    420102 | NS      | $7456802.21   | 1.09%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Puritan Trust             | Fidelity Low-Priced Stock Fund                          | CUSIP: 316345305<br>LEI: WDA1I420M36T9HTVU696 | Long             | EC               | RF                | US        |    603843 | NS      | $27891521.33  | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 02/02/2023                                 | CUSIP: 912796XT1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    600000 | PA      | $598096.33    | 0.09%             | 2023-02-02      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Japan Fund                                     | CUSIP: 315910885<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    109005 | NS      | $1570764.57   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Capital Appreciation Fund        | CUSIP: 315910810<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    593831 | NS      | $12393257.00  | 1.81%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 03/09/2023                                 | CUSIP: 912796YK9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    820000 | PA      | $813717.64    | 0.12%             | 2023-03-09      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Oxford Street Trust       | Fidelity Commodity Strategy Fund                        | CUSIP: 31634R307<br>LEI: Z2ZIGDKL3355UQRAKY22 | Long             | EC               | RF                | US        |     25047 | NS      | $2584050.77   | 0.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | FIDELITY EMERGING MARKETS FUND                          | CUSIP: 315910869<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   1896848 | NS      | $59598955.81  | 8.70%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | FIDELITY ADVISOR INTERNATIONAL VALUE FUND               | CUSIP: 315910489<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   1226273 | NS      | $10312956.57  | 1.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Income Fund               | Fidelity Total Bond Fund                                | CUSIP: 31617K881<br>LEI: D66RCKM57LC8ELZCAY58 | Long             | EC               | RF                | US        |   2663451 | NS      | $24849998.25  | 3.63%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Global Commodity Stock Fund                    | CUSIP: 31618H606<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    839115 | NS      | $16152954.84  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Summer Street Trust       | Fidelity New Markets Income Fund                        | CUSIP: 315910836<br>LEI: P1TJ3M056NR1SYX5LY49 | Long             | EC               | RF                | US        |    300497 | NS      | $3458717.45   | 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        |    825995 | NS      | $8375590.45   | 1.22%             |  |  |  | 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        |   2684027 | NS      | $24934612.51  | 3.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Canada Fund                                    | CUSIP: 315910307<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    117548 | NS      | $6845989.52   | 1.00%             |  |  |  | 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        |       -20 | NC      | $8964.65      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Revere Street Trust       | Fidelity Cash Central Fund                              | CUSIP: 31635A105<br>LEI: 549300BDV45LJNXBZC55 | Long             | STIV             | RF                | US        |   1902989 | NS      | $1903369.13   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Greenwood Street Trust    | Fidelity Hedged Equity Fund                             | CUSIP: 31624J844<br>LEI: 549300467DYGTZIRI308 | Long             | EC               | MUN               | US        |    179626 | NS      | $1708246.53   | 0.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Puritan Trust             | Fidelity Value Discovery Fund                           | CUSIP: 316345503<br>LEI: WDA1I420M36T9HTVU696 | Long             | EC               | RF                | US        |    436038 | NS      | $15326742.41  | 2.24%             |  |  |  | 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        |       120 | NC      | $1634.10      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity International Discovery Fund                   | CUSIP: 315910208<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    407368 | NS      | $16152121.73  | 2.36%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Contrafund                | Fidelity Contrafund                                     | CUSIP: 316071109<br>LEI: S5Y3O6VQ0TG5C3WLJP73 | Long             | EC               | RF                | US        |    740586 | NS      | $8953685.43   | 1.31%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 02/16/2023                                 | CUSIP: 912796YA1<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |     50000 | PA      | $49751.35     | 0.01%             | 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        |   1074937 | NS      | $15403853.34  | 2.25%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Emerging Markets Discovery Fund                | CUSIP: 31618H549<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |    314284 | NS      | $4368548.48   | 0.64%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Salem Street Trust        | Fidelity Inflation-Protected Bond Index Fund            | CUSIP: 31635T104<br>LEI: S4W85DGKOEJ24DPRB829 | Long             | EC               | RF                | US        |   1444553 | NS      | $13029870.42  | 1.90%             |  |  |  | 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        |       162 | NC      | $-302276.18   | -0.04%            |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Devonshire Trust          | FIDELITY EQUITY-INCOME FUND INC                         | CUSIP: 316138106<br>LEI: 2YVQGEKVQ2H3HLS69325 | Long             | EC               | RF                | US        |    363060 | NS      | $23141458.61  | 3.38%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Advisor Series I          | Fidelity Floating Rate High Income Fund                 | CUSIP: 315916783<br>LEI: C7J4FOV6ELAVE39B7M82 | Long             | EC               | RF                | US        |    609632 | NS      | $5474494.59   | 0.80%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Commonwealth Trust II     | Fidelity International Enhanced Index Fund              | CUSIP: 31606X407<br>LEI: PJO8XCGPPRYUY4CZV047 | Long             | EC               | RF                | US        |   1739999 | NS      | $16286388.64  | 2.38%             |  |  |  | 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        |      -106 | NC      | $571547.75    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Fidelity Investment Trust          | Fidelity Overseas Fund                                  | CUSIP: 316343102<br>LEI: MXNTE4GH7BW81YELH558 | Long             | EC               | RF                | US        |   1218419 | NS      | $61603252.63  | 9.00%             |  |  |  | No            |                  1 | On Loan: No      |
| UST BILLS                          | UST BILLS 0% 03/02/2023                                 | CUSIP: 912796YB9<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    370000 | PA      | $367473.16    | 0.05%             | 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        |    440740 | NS      | $5936763.26   | 0.87%             |  |  |  | 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        |  31984145 | NS      | $259711257.41 | 37.93%            |  |  |  | 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