Morningstar® Investment Profile™   Morningstar®
Disclosure		   Format
for Print
Fidelity VIP High Income Initial
Release date as of 2025-07-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Style Box Details for Bond Holdings
Average Eff Duration ---
Average Eff Maturity ---
Average Wtd Coupon 6.77
Average Wtd Price 96.91
As of 2025-06-30
Data as of 2025-06-30
  Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 2.1
Bullet Non-U.S. Stocks Non-U.S. Stocks 1.1
Bullet Bonds Bonds 89.7
Bullet Cash Cash 4.0
Bullet Other Other 3.2
Asset Allocation Rescaled Graph
Data through 2025-05-31
  Morningstar Fixed-Income Sectors
% Fund
Government 0.91
Corporate 93.95
Securitized 0.97
Municipal 0.00
Cash & Equivalents 4.17
Derivative 0.00
Data through 2025-05-31
  Credit Analysis
% Bonds
AAA 0.00
AA 0.00
A 0.00
BBB 3.41
BB 42.15
B 49.88
Below B 0.00
Not Rated 4.57
Data through 2025-06-30
Credit Analysis Graph
  Top 25 Holdings
Total Number of Stock Holdings 9
Total Number of Bond Holdings 716
% of Net Assets in Top 10 Holdings 11.14
Turnover % (as of 2024-12-31) 42.00
30 Day SEC Yield % 6.56
Top 25 Holdings
Maturity
Date 		Shares
 Value
$000 		% of Net
Assets
Fidelity Cash Central Fund --- 31,639 31,645 4.10
Fidelity Private Cr Co (Unit) --- 1,412 13,610 1.76
Mesquite Engy --- 83 7,220 0.93
iShares Broad USD High Yield Corp Bd ETF --- 188 6,943 0.90
United States Treasury Notes 4.125% 2032-11-15 6,960 6,929 0.90
TransDigm, Inc. 6.375% 2033-05-31 4,960 4,900 0.63
EchoStar Corp. 10.75% 2029-11-30 3,820 3,839 0.50
Artera Services LLC 8.5% 2031-02-15 4,495 3,820 0.49
EG Global Finance PLC 12% 2028-11-30 3,280 3,616 0.47
1261229 Bc Ltd. 10% 2032-04-15 3,610 3,574 0.46
US Foods Inc 5.75% 2033-04-15 3,120 3,065 0.40
Bausch Health Tm B 1ln 10/30 2030-10-08 3,165 2,999 0.39
Entegris Inc 5.95% 2030-06-15 2,980 2,982 0.39
Cloud Software Group Inc. 9% 2029-09-30 2,880 2,948 0.38
Wrangler Holdco Corp. 6.625% 2032-04-01 2,785 2,872 0.37
CSC SERVICEWORKS TM B 1LN 2/28 2028-03-04 3,330 2,836 0.37
Altice France S.A 5.125% 2029-07-15 3,325 2,806 0.36
Brand Industrial Services Inc. 10.375% 2030-08-01 3,090 2,772 0.36
EchoStar Corp. 3.875% 2030-11-30 2,856 2,741 0.35
UNITED PLANET FIT TM 1LN 12/26 2026-12-30 2,807 2,696 0.35
Commscope Term 1ln 12/17/29 2029-12-17 2,660 2,683 0.35
PG&E Corporation 7.375% 2055-03-15 2,687 2,631 0.34
Primo Water Holdings Inc / Triton Water Holdings Inc. 6.25% 2029-04-01 2,625 2,629 0.34
CCO Holdings, LLC/ CCO Holdings Capital Corp. 4.5% 2032-05-01 2,885 2,626 0.34
Neptune BidCo US Inc. 9.29% 2029-04-15 2,710 2,564 0.33
Data through 2025-05-31
Show Data Definitions

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