FIDELITY ADVISOR SERIES IV
NSAR-B, 1999-01-29
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<PAGE>      PAGE  1
000 B000000 11/30/98
000 C000000 0000719451
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0.a
000 J000000 A
001 A000000 FIDELITY ADVISOR SERIES IV
001 B000000 811-3737
001 C000000 6037917486
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  2
007 C010100  1
007 C010200  2
007 C020200 FID. INSTIT. SHORT-INTERMEDIATE GOVT. FUND
007 C030200 N
007 C010300  3
007 C020300 FIDELITY REAL ESTATE HIGH INCOME 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
011 A00AA01 FIDELITY DISTRIBUTORS CORPORATION
011 B00AA01 8-8775
011 C01AA01 BOSTON
011 C02AA01 MA
011 C03AA01 02109
011 A00AA02 DELETE
012 A00AA01 FIDELITY INVESTMENTS INSTITUTIONAL OPERATIONS
012 B00AA01 84-00216
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02109
013 A00AA01 PRICE WATERHOUSE COOPERS LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02109
<PAGE>      PAGE  2
014 A00AA01 FIDELITY BROKERAGE SERVICES, INC.
014 B00AA01 8-23292
014 A00AA02 FIDELITY DISTRIBUTORS CORPORATION
014 B00AA02 8-8775
014 A00AA03 FIDELITY BROKERAGE SERVICES
014 B00AA03 8-00000
014 A00AA04 NATIONAL FINANCIAL SERVICES CORP.
014 B00AA04 8-26740
015 A00AA01 THE BANK OF NEW YORK
015 B00AA01 C
015 C01AA01 NEW YORK
015 C02AA01 NY
015 C03AA01 10260
015 E01AA01 X
018  00AA00 Y
019 A00AA00 Y
019 B00AA00  227
019 C00AA00 FIDELITYZZ
020 A000001 FIDELITY CAPITAL MARKETS, INC.
020 B000001 04-2653569
020 C000001      3
020 A000002 BT ALEX BROWN & SONS INC.
020 B000002 04-2595129
020 C000002      2
020 A000003 LEHMAN BROTHERS, INC.
020 B000003 13-2518466
020 C000003      2
020 A000004 INSTINET
020 B000004 13-3443395
020 C000004      2
020 A000005 D A DAVIDSON & CO.
020 B000005 81-0139474
020 C000005      2
020 A000006 LAZARD FRERES & CO. LLC
020 B000006 13-5545100
020 C000006      1
020 A000007 LEGG MASON WOOD WALKER, INC.
020 B000007 52-0902557
020 C000007      1
020 A000008 FRIEDMAN BILLINGS
020 B000008 52-1630477
020 C000008      1
020 A000009 SK INTERNATIONAL SECURITIES
020 B000009 00-0000000
020 C000009      1
020 A000010 PAINE WEBBER, INC
020 B000010 13-2638166
020 C000010      1
021  000000       23
022 A000001 MERRILL LYNCH, PRICE FENNER & SMITH, INC.
022 B000001 13-5674085
<PAGE>      PAGE  3
022 C000001    147218
022 D000001    174761
022 A000002 LEHMAN BROTHERS INC.
022 B000002 13-2518466
022 C000002    102657
022 D000002    104176
022 A000003 J.P. MORGAN SECURITIES, INC.
022 B000003 13-3224016
022 C000003    106238
022 D000003     72385
022 A000004 GOLDMAN SACHES & CO. INC.
022 B000004 13-5108880
022 C000004     87718
022 D000004     61059
022 A000005 PAINE WEBBER, INC
022 B000005 13-2638166
022 C000005     31915
022 D000005     79277
022 A000006 SOLOMON BROTHERS, INC.
022 B000006 13-3082694
022 C000006     59846
022 D000006     42668
022 A000007 BEAR STEARNS & CO.
022 B000007 13-3299429
022 C000007     67944
022 D000007     32983
022 A000008 FIRST BSOTON CORP.
022 B000008 00-0000000
022 C000008     42345
022 D000008     33917
022 A000009 HSBC SECURITIES, INC.
022 B000009 00-0000000
022 C000009     23262
022 D000009     23505
022 A000010 DEUTSCHE BANK
022 B000010 00-0000000
022 C000010     27353
022 D000010     16498
023 C000000    3511153
023 D000000     721306
026 A000000 Y
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 Y
027  000000 Y
066 A00AA00 N
<PAGE>      PAGE  4
067  00AA00 N
068 A00AA00 N
068 B00AA00 N
069  00AA00 N
077 A000000 Y
077 B000000 Y
077 C000000 Y
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 N
077 P000000 N
077 Q010000 Y
077 Q020000 N
077 Q030000 N
080 A00AA00 AMERICAN INT'L. SPECIALITY LINE INS. CO.
080 B00AA00 FEDERAL INSURANCE COMPANY
080 C00AA00   220000
081 A00AA00 Y
081 B00AA00 226
082 A00AA00 N
082 B00AA00        0
083 A00AA00 N
083 B00AA00        0
084 A00AA00 N
084 B00AA00        0
085 A00AA00 Y
085 B00AA00 N
086 A010000      0
086 A020000      0
086 B010000      0
086 B020000      0
086 C010000      0
086 C020000      0
086 D010000      0
086 D020000      0
086 E010000      0
086 E020000      0
086 F010000      0
086 F020000      0
008 A000201 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B000201 A
008 C000201 801-7884
<PAGE>      PAGE  5
008 D010201 BOSTON
008 D020201 MA
008 D030201 02109
024  000200 N
028 A010200      9907
028 A020200      1641
028 A030200         0
028 A040200      9646
028 B010200     10551
028 B020200      1617
028 B030200         0
028 B040200     10892
028 C010200     19426
028 C020200      1638
028 C030200         0
028 C040200     11209
028 D010200     19490
028 D020200      1671
028 D030200         0
028 D040200     12981
028 E010200     22271
028 E020200      1739
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028 E040200     12535
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028 F040200     17018
028 G010200     94293
028 G020200      9993
028 G030200         0
028 G040200     74281
028 H000200        63
029  000200 N
030 A000200      0
030 B000200  0.00
030 C000200  0.00
031 A000200      0
031 B000200      0
032  000200      0
033  000200      0
034  000200 N
035  000200      0
036 B000200      0
037  000200 N
038  000200      0
039  000200 N
040  000200 Y
041  000200 N
042 A000200   0
042 B000200   0
<PAGE>      PAGE  6
042 C000200   0
042 D000200   0
042 E000200   0
042 F000200   0
042 G000200   0
042 H000200   0
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044  000200      0
045  000200 Y
046  000200 N
047  000200 Y
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048 B010200        0
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048 E020200 0.000
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048 F020200 0.000
048 G010200        0
048 G020200 0.000
048 H010200        0
048 H020200 0.000
048 I010200        0
048 I020200 0.000
048 J010200        0
048 J020200 0.000
048 K010200        0
048 K020200 0.000
049  000200 N
050  000200 N
051  000200 N
052  000200 N
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053 B000200 Y
053 C000200 N
054 A000200 Y
054 B000200 Y
054 C000200 Y
054 D000200 Y
054 E000200 Y
054 F000200 Y
054 G000200 Y
054 H000200 Y
054 I000200 N
054 J000200 Y
<PAGE>      PAGE  7
054 K000200 Y
054 L000200 Y
054 M000200 Y
054 N000200 Y
054 O000200 Y
055 A000200 N
055 B000200 N
056  000200 Y
057  000200 N
058 A000200 N
059  000200 Y
060 A000200 Y
060 B000200 Y
061  000200   100000
062 A000200 Y
062 B000200   0.0
062 C000200   0.0
062 D000200   0.7
062 E000200   0.0
062 F000200   0.0
062 G000200   0.0
062 H000200   0.0
062 I000200   0.0
062 J000200   0.0
062 K000200   0.0
062 L000200   0.0
062 M000200  13.2
062 N000200  86.1
062 O000200   0.0
062 P000200   0.0
062 Q000200   0.0
062 R000200   0.0
063 A000200   0
063 B000200  3.7
064 A000200 Y
064 B000200 N
070 A010200 Y
070 A020200 Y
070 B010200 N
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
<PAGE>      PAGE  8
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 N
070 L020200 N
070 M010200 N
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 Y
070 P020200 Y
070 Q010200 N
070 Q020200 N
070 R010200 N
070 R020200 N
071 A000200    762293
071 B000200    732657
071 C000200    349293
071 D000200  210
072 A000200 12
072 B000200    24623
072 C000200        0
072 D000200        0
072 E000200        0
072 F000200     1599
072 G000200        0
072 H000200        0
072 I000200        0
072 J000200        0
072 K000200        0
072 L000200        0
072 M000200        1
072 N000200        0
072 O000200        0
072 P000200        0
072 Q000200        0
072 R000200        0
072 S000200        0
072 T000200        0
072 U000200        0
072 V000200        0
072 W000200        0
072 X000200     1600
072 Y000200       44
072 Z000200    23067
<PAGE>      PAGE  9
072AA000200      566
072BB000200        0
072CC010200        0
072CC020200     1261
072DD010200    22514
072DD020200        0
072EE000200        0
073 A010200   0.5960
073 A020200   0.0000
073 B000200   0.0000
073 C000200   0.0000
074 A000200        0
074 B000200     2636
074 C000200        0
074 D000200   372675
074 E000200        0
074 F000200        0
074 G000200        0
074 H000200        0
074 I000200        0
074 J000200      284
074 K000200        0
074 L000200     6604
074 M000200        0
074 N000200   382199
074 O000200        0
074 P000200      142
074 Q000200        0
074 R010200        0
074 R020200        0
074 R030200        0
074 R040200     2504
074 S000200        0
074 T000200   379553
074 U010200    40028
074 U020200        0
074 V010200     9.48
074 V020200     0.00
074 W000200   0.0000
074 X000200    58992
074 Y000200        0
075 A000200        0
075 B000200   350612
076  000200     0.00
008 A000301 FIDELITY MANAGEMENT & RESEARCH COMPANY
008 B000301 A
008 C000301 801-7884
008 D010301 BOSTON
008 D020301 MA
008 D030301 02109
024  000300 N
<PAGE>      PAGE  10
028 A010300         0
028 A020300       561
028 A030300         0
028 A040300         0
028 B010300         0
028 B020300       569
028 B030300         0
028 B040300         0
028 C010300         0
028 C020300       689
028 C030300         0
028 C040300         0
028 D010300         0
028 D020300       668
028 D030300         0
028 D040300         0
028 E010300         0
028 E020300       631
028 E030300         0
028 E040300         0
028 F010300         0
028 F020300       640
028 F030300         0
028 F040300         0
028 G010300         0
028 G020300      3758
028 G030300         0
028 G040300         0
028 H000300         0
029  000300 N
030 A000300      0
030 B000300  0.00
030 C000300  0.00
031 A000300      0
031 B000300      0
032  000300      0
033  000300      0
034  000300 N
035  000300      0
036 B000300      0
037  000300 N
038  000300      0
039  000300 N
040  000300 Y
041  000300 N
042 A000300   0
042 B000300   0
042 C000300   0
042 D000300   0
042 E000300   0
042 F000300   0
<PAGE>      PAGE  11
042 G000300   0
042 H000300   0
043  000300      0
044  000300      0
045  000300 Y
046  000300 N
047  000300 N
048  000300  0.000
048 A010300        0
048 A020300 0.000
048 B010300        0
048 B020300 0.000
048 C010300        0
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048 I010300        0
048 I020300 0.000
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048 J020300 0.000
048 K010300        0
048 K020300 0.000
049  000300 N
050  000300 N
051  000300 N
052  000300 Y
053 A000300 Y
053 B000300 Y
053 C000300 N
054 A000300 Y
054 B000300 Y
054 C000300 N
054 D000300 N
054 E000300 N
054 F000300 N
054 G000300 Y
054 H000300 Y
054 I000300 N
054 J000300 Y
054 K000300 N
054 L000300 N
054 M000300 Y
054 N000300 N
<PAGE>      PAGE  12
054 O000300 Y
055 A000300 N
055 B000300 N
056  000300 Y
057  000300 N
058 A000300 N
059  000300 Y
060 A000300 N
060 B000300 N
061  000300 10000000
062 A000300 Y
062 B000300   0.0
062 C000300   0.0
062 D000300   1.6
062 E000300   0.0
062 F000300   0.0
062 G000300   0.0
062 H000300   0.0
062 I000300   0.0
062 J000300   0.0
062 K000300   0.0
062 L000300   0.0
062 M000300   0.0
062 N000300   0.0
062 O000300   0.0
062 P000300  11.0
062 Q000300  72.1
062 R000300  15.3
063 A000300   0
063 B000300 18.1
064 A000300 N
064 B000300 N
070 A010300 Y
070 A020300 Y
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 Y
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 Y
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 Y
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
<PAGE>      PAGE  13
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 Y
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 Y
070 P020300 Y
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300     66077
071 B000300     37320
071 C000300     70419
071 D000300   53
072 A000300 12
072 B000300     6959
072 C000300      742
072 D000300        0
072 E000300        0
072 F000300      537
072 G000300        0
072 H000300        0
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072 J000300        5
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072 S000300        5
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072 Y000300       11
072 Z000300     7047
072AA000300     1685
072BB000300        0
072CC010300        0
072CC020300    10124
<PAGE>      PAGE  14
072DD010300     7494
072DD020300        0
072EE000300     6037
073 A010300   1.1170
073 A020300   0.0000
073 B000300   1.4400
073 C000300   0.0000
074 A000300      802
074 B000300     1144
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074 F000300     6418
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076  000300     0.00
SIGNATURE   JOHN H. COSTELLO                             
TITLE       ASSISTANT TREASURER 
 


<TABLE> <S> <C>

<ARTICLE> 6
 

<CIK>     0000719451


<NAME>      Fidelity Advisor Series IV


<SERIES>

        <NUMBER>        21


        <NAME>      Fidelity Institutional Short-Intermediate Government Fund


<MULTIPLIER>    1,000


       

<S>

<C>

<PERIOD-TYPE>

YEAR


<FISCAL-YEAR-END>

NOV-30-1998


<PERIOD-END>

NOV-30-1998


<INVESTMENTS-AT-COST>

371,895


<INVESTMENTS-AT-VALUE>

375,311


<RECEIVABLES>

6,889


<ASSETS-OTHER>

0


<OTHER-ITEMS-ASSETS>

0


<TOTAL-ASSETS>

382,200


<PAYABLE-FOR-SECURITIES>

0


<SENIOR-LONG-TERM-DEBT>

0


<OTHER-ITEMS-LIABILITIES>

2,647


<TOTAL-LIABILITIES>

2,647


<SENIOR-EQUITY>

0


<PAID-IN-CAPITAL-COMMON>

396,783


<SHARES-COMMON-STOCK>

40,028


<SHARES-COMMON-PRIOR>

37,931


<ACCUMULATED-NII-CURRENT>

956


<OVERDISTRIBUTION-NII>

0


<ACCUMULATED-NET-GAINS>

(21,602)


<OVERDISTRIBUTION-GAINS>

0


<ACCUM-APPREC-OR-DEPREC>

3,416


<NET-ASSETS>

379,553


<DIVIDEND-INCOME>

0


<INTEREST-INCOME>

24,623


<OTHER-INCOME>

0


<EXPENSES-NET>

1,556


<NET-INVESTMENT-INCOME>

23,067


<REALIZED-GAINS-CURRENT>

567


<APPREC-INCREASE-CURRENT>

1,261


<NET-CHANGE-FROM-OPS>

24,895


<EQUALIZATION>

0


<DISTRIBUTIONS-OF-INCOME>

22,514


<DISTRIBUTIONS-OF-GAINS>

0


<DISTRIBUTIONS-OTHER>

0


<NUMBER-OF-SHARES-SOLD>

18,517


<NUMBER-OF-SHARES-REDEEMED>

18,560


<SHARES-REINVESTED>

2,139


<NET-CHANGE-IN-ASSETS>

22,409


<ACCUMULATED-NII-PRIOR>

610


<ACCUMULATED-GAINS-PRIOR>

(22,393)


<OVERDISTRIB-NII-PRIOR>

0


<OVERDIST-NET-GAINS-PRIOR>

0


<GROSS-ADVISORY-FEES>

1,599


<INTEREST-EXPENSE>

0


<GROSS-EXPENSE>

1,600


<AVERAGE-NET-ASSETS>

356,694


<PER-SHARE-NAV-BEGIN>

9.420


<PER-SHARE-NII>

 .611


<PER-SHARE-GAIN-APPREC>

 .045


<PER-SHARE-DIVIDEND>

 .596


<PER-SHARE-DISTRIBUTIONS>

0


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0


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<EXPENSE-RATIO>

45


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0


<AVG-DEBT-PER-SHARE>

0



        



</TABLE>

<TABLE> <S> <C>

<ARTICLE>	6 

<CIK>	0000719451

<NAME>	Fidelity Advisor Series IV

<SERIES>

	<NUMBER>	31

	<NAME>	Fidelity Real Estate High Income Fund

<MULTIPLIER>	1,000

       

<S>

<C>

<PERIOD-TYPE>
YEAR
<FISCAL-YEAR-END>
NOV-30-1998
<PERIOD-END>
NOV-30-1998
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79,647
<INVESTMENTS-AT-VALUE>
72,234
<RECEIVABLES>
2,037
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802
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
75,073
<PAYABLE-FOR-SECURITIES>
1,469
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
75
<TOTAL-LIABILITIES>
1,544
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
78,852
<SHARES-COMMON-STOCK>
7,531
<SHARES-COMMON-PRIOR>
4,019
<ACCUMULATED-NII-CURRENT>
923
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
1,168
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
(7,414)
<NET-ASSETS>
73,529
<DIVIDEND-INCOME>
742
<INTEREST-INCOME>
6,959
<OTHER-INCOME>
0
<EXPENSES-NET>
653
<NET-INVESTMENT-INCOME>
7,048
<REALIZED-GAINS-CURRENT>
1,685
<APPREC-INCREASE-CURRENT>
(10,124)
<NET-CHANGE-FROM-OPS>
(1,391)
<EQUALIZATION>
0
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7,494
<DISTRIBUTIONS-OF-GAINS>
6,037
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
2,263
<NUMBER-OF-SHARES-REDEEMED>
0
<SHARES-REINVESTED>
1,249
<NET-CHANGE-IN-ASSETS>
23,608
<ACCUMULATED-NII-PRIOR>
871
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6,212
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
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537
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
665
<AVERAGE-NET-ASSETS>
73,058
<PER-SHARE-NAV-BEGIN>
12.420
<PER-SHARE-NII>
1.033
<PER-SHARE-GAIN-APPREC>
(1.136)
<PER-SHARE-DIVIDEND>
1.117
<PER-SHARE-DISTRIBUTIONS>
1.440
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
9.760
<EXPENSE-RATIO>
91
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0

        



</TABLE>


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