FIDELITY ADVISOR SERIES VII
NSAR-B/A, 1995-12-29
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<PAGE>      PAGE  1
000 B000000 10/31/95
000 C000000 0000315700
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 Y
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FIDELITY ADVISOR SERIES VII
001 B000000 811-3010
001 C000000 6175638668
002 A000000 82 DEVONSHIRE STREET
002 B000000 BOSTON
002 C000000 MA
002 D010000 02109
003  000000 N
004  000000 N
005  000000 N
006  000000 N
007 A000000 Y
007 B000000  1
007 C010100  1
007 C010200  2
007 C010300  3
007 C020300 FIDELITY ADVISOR OVERSEAS FUND
007 C030300 N
007 C010400  4
007 C010500  5
007 C010600  6
007 C010700  7
007 C010800  8
007 C010900  9
007 C011000 10
020 A000001 FIDELITY BROKERAGE SERVICE LTD.
020 B000001 00-0000000
020 C000001    142
020 A000002 CAPEL (JAMES) INCORPORATED
020 B000002 52-1348224
020 C000002    105
020 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
020 B000003 13-5674085
020 C000003     83
020 A000004 KLEINWORT BENSON, INC.
020 B000004 13-2647786
020 C000004     62
020 A000005 MORGAN STANLEY & CO., INC.
020 B000005 13-2655998
020 C000005     56
020 A000006 NATWEST SECURITIES CORPORATION
020 B000006 00-0000000
<PAGE>      PAGE  2
020 C000006     55
020 A000007 NOMURA SECURITIES INTERNATIONAL, INC.
020 B000007 13-2642206
020 C000007     54
020 A000008 BARCLAYS DE ZOETE WEDD SECURITIES, INC.
020 B000008 13-3551367
020 C000008     50
020 A000009 GOLDMAN SACHS & CO.
020 B000009 13-5108880
020 C000009     48
020 A000010 CREDIT LYONNAIS SECURITIES (USA), INC.
020 B000010 00-0000000
020 C000010     42
021  000000     1420
022 A000001 FIDELITY BROKERAGE SERVICES LTD.
022 B000001 00-0000000
022 C000001     32224
022 D000001     40031
022 A000002 CAPEL (JAMES) INCORPORATED
022 B000002 52-1348224
022 C000002     33687
022 D000002     12650
022 A000003 MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.
022 B000003 13-5674085
022 C000003     19491
022 D000003     19813
022 A000004 UBS SECURITIES, INC.
022 B000004 13-2932996
022 C000004     13281
022 D000004     20092
022 A000005 BARCLAYS DE ZOETE WEDD SECURITIES, INC.
022 B000005 00-0000000
022 C000005     16002
022 D000005     17153
022 A000006 KLEINWORT BENSON, INC.
022 B000006 13-2647786
022 C000006     18028
022 D000006     12596
022 A000007 COUNTY SECURITIES, INC.
022 B000007 00-0000000
022 C000007     19966
022 D000007      8240
022 A000008 MORGAN STANLEY & CO., INC.
022 B000008 13-2655998
022 C000008     20790
022 D000008      7252
022 A000009 NOMURA SECURITIES INTERNATIONAL, INC.
022 B000009 13-2642206
022 C000009     10701
022 D000009     13833
022 A000010 WARBURG, ROWE, PIT & ACKROYD, INC.
<PAGE>      PAGE  3
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008 B000301 A
008 C000301 801-7884
008 D010301 BOSTON
<PAGE>      PAGE  4
008 D020301 MA
008 D030301 02109
008 A000302 FIDELITY MANAGEMENT & RESEARCH (U.K.), INC.
008 B000302 S
008 C000302 801-28773
008 D010302 LONDON
008 D050302 ENGLAND
008 D060302 EC3R8LL
008 A000303 FIDELITY MANAGEMENT & RESEARCH (FAR EAST)INC.
008 B000303 S
008 C000303 801-28774
008 D010303 TOKYO
008 D050303 JAPAN
008 A000304 FIDELITY INTERNATIONAL INVESTMENT ADVISORS
008 B000304 S
008 C000304 801-00000
008 D010304 HAMILTON
008 D050304 BERMUDA
008 A000305 FIDELITY INT'L. INV. ADVISORS (U.K.) LTD.
008 B000305 S
008 C000305 801-00000
008 D010305  LONDON
008 D050305 ENGLAND
011 A000301 FIDELITY DISTRIBUTORS CORPORATION
011 B000301 8-8775
011 C010301 BOSTON
011 C020301 MA
011 C030301 02109
012 A000301 STATE STREET BANK & TRUST COMPANY
012 B000301 85-5003
012 C010301 BOSTON
012 C020301 MA
012 C030301 02110
013 A000301 PRICE WATERHOUSE LLP
013 B010301 BOSTON
013 B020301 MA
013 B030301 02109
014 A000301 FIDELITY DISTRIBUTORS CORPORATION
014 B000301 8-8775
014 A000302 FIDELITY BROKERAGE SERVICE, INC.
014 B000302 8-23292
014 A000303 FIDELITY BROKERAGE SERVICES, LTD.
014 B000303 8-0000
015 A000301 CHASE MANHATTAN BANK, N.A.
015 B000301 C
015 C010301 NEW YORK
015 C020301 NY
015 C030301 10021
015 E010301 X
018  000300 Y
019 A000300 Y
<PAGE>      PAGE  5
019 B000300  222
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025 A000301 NOMURA SECURITIES INTERNATIONAL, INC.
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<PAGE>      PAGE  6
032  000300   3754
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<PAGE>      PAGE  7
053 A000300 N
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054 F000300 N
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054 H000300 Y
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054 L000300 N
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066 E000300 N
066 F000300 N
<PAGE>      PAGE  8
066 G000300 N
067  000300 N
068 A000300 N
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070 H020300 N
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070 I020300 N
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070 J020300 Y
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 Y
070 M010300 Y
070 M020300 Y
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070 Q020300 N
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<PAGE>      PAGE  9
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<PAGE>      PAGE  10
074 R040300     2740
074 S000300        0
074 T000300   746410
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074 Y000300        0
075 A000300        0
075 B000300   690588
076  000300     0.00
080 A000300 FEDERAL INSURANCE CO.
080 B000300 NATIONAL UNION INSURANCE CO.
080 C000300   210000
081 A000300 Y
081 B000300 222
082 A000300 N
082 B000300        0
083 A000300 N
083 B000300        0
084 A000300 N
084 B000300        0
085 A000300 N
085 B000300 N
SIGNATURE   JOHN H. COSTELLO                             
TITLE       ASST. TREASURER     
 


<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000315700


<NAME>      Fidelity Advisor Series VII


<SERIES>

        <NUMBER>        31


        <NAME>      Fidelity Advisor Overseas Portfolio - Class A


<MULTIPLIER>    1,000


       

<S>

<C>

<PERIOD-TYPE>

year


<FISCAL-YEAR-END>

oct-31-1995


<PERIOD-END>

oct-31-1995


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743,292


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782,553


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17,897


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82


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0


<TOTAL-ASSETS>

800,532


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50,872


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0


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3,250


<TOTAL-LIABILITIES>

54,122


<SENIOR-EQUITY>

0


<PAID-IN-CAPITAL-COMMON>

702,650


<SHARES-COMMON-STOCK>

53,300


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46,514


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4,207


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0


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297


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0


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39,256


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746,410


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15,429


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6,639


<OTHER-INCOME>

(1,980)


<EXPENSES-NET>

13,142


<NET-INVESTMENT-INCOME>

6,946


<REALIZED-GAINS-CURRENT>

(2,526)


<APPREC-INCREASE-CURRENT>

(5,096)


<NET-CHANGE-FROM-OPS>

(676)


<EQUALIZATION>

0


<DISTRIBUTIONS-OF-INCOME>

0


<DISTRIBUTIONS-OF-GAINS>

4,763


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0


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28,552


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22,093


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327


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92,636


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348


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4,825


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0


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0


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689,771


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<PER-SHARE-NAV-END>

13.920


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190


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0


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0



        



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000315700


<NAME>      Fidelity Advisor Series VII


<SERIES>

        <NUMBER>        32


        <NAME>      Fidelity Advisor Overseas Portfolio - Class B


<MULTIPLIER>    1,000


       

<S>

<C>

<PERIOD-TYPE>

year


<FISCAL-YEAR-END>

oct-31-1995


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oct-31-1995


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743,292


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782,553


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17,897


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82


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0


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800,532


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50,872


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0


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3,250


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54,122


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0


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702,650


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215


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0


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4,207


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0


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297


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0


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39,256


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746,410


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15,429


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6,639


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(1,980)


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13,142


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6,946


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(2,526)


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(5,096)


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(676)


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0


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0


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4,763


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0


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219


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348


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0


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0


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5,590


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0


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1,413


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197


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0


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0



        



</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000315700


<NAME>      Fidelity Advisor Series VII


<SERIES>

        <NUMBER>        33


        <NAME>      Fidelity Advisor Overseas Portfolio - Institutional Class


<MULTIPLIER>    1,000


       

<S>

<C>

<PERIOD-TYPE>

year


<FISCAL-YEAR-END>

oct-31-1995


<PERIOD-END>

oct-31-1995


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782,553


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17,897


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82


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800,532


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50,872


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3,250


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54,122


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106


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0


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746,410


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15,429


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6,639


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(1,980)


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13,142


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6,946


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(2,526)


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(5,096)


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(676)


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0


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0


<DISTRIBUTIONS-OF-GAINS>

4,763


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0


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108


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2


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0


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92,636


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348


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4,825


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0


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0


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5,590


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0


<GROSS-EXPENSE>

13,169


<AVERAGE-NET-ASSETS>

1,048


<PER-SHARE-NAV-BEGIN>

13.890


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 .050


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 .030


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0


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0


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0


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13.970


<EXPENSE-RATIO>

97


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0


<AVG-DEBT-PER-SHARE>

0



        



</TABLE>


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