Nope. Actually it is pretty retarded. It is better to keep it underlubed vs. too much grease. 99 % of that shit gets scraped off fifth wheel when you get under the trailer, and it ends up everywhere except actual contact area of fifth wheel. And there is almost always more than enough grease already on the trailer. And most importantly, grease ends on on locking jaws. Big no non.
Technically, if you wanna do it right, you should lube contact area on the trailer.
Never, ever lubricate parts of locking mechanism with anything other than PB Blister, WD40, etc. They need to be kept clean, without thick grease/dust compound restricting movement. Otherwise when temperature drops jaws won't move, and properly lock king pin.
When we get artic weather there will be somebody with trailer off fifth wheel sitting on the side of the road even though it did pass tug test.
You gotta get behind the tractor with flesh light to make sure everything is in place after hooking up to the trailer.
In the same sense don't ever lubricate inner legs of landing gear with grease. Use WD40, etc.