FIDELITY ADVISOR SERIES IV
NSAR-A, 1999-07-28
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<PAGE>      PAGE  1
000 A000000 05/31/99
000 C000000 0000719451
000 D000000 N
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000 F000000 Y
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000 J000000 A
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001 C000000 6037917488
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002 B000000 BOSTON
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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
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007 C010500  5
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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 PRICEWATERHOUSECOOPERS 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
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020 C000001      5
020 A000002 DONALDSON LUFKIN AND JENRETTE
020 B000002 13-2741729
020 C000002      5
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020 B000003 13-2518466
020 C000003      2
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020 C000006      1
020 A000007 GOLMAN SACHS AND CO.
020 B000007 13-5108880
020 C000007      1
020 A000008 BEAR STEARNS AND CO.
020 B000008 13-3299429
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020 A000009 FRIEDMAN BILLINGS AND RAMSEY, INC.
020 B000009 52-1630477
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020 A000010 PAINE WEBBER, INC
020 B000010 13-2638166
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<PAGE>      PAGE  3
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<PAGE>      PAGE  7
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<PAGE>      PAGE  8
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<PAGE>      PAGE  10
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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SIGNATURE   JOHN H. COSTELLO
TITLE       ASSISTANT TREASURER



<TABLE> <S> <C>

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	<NUMBER>	21

	<NAME>	Fidelity Institutional Short-Intermediate Government Fund

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<TABLE> <S> <C>

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	<NUMBER>	31

	<NAME>	Fidelity Real Estate High Income Fund

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<PER-SHARE-GAIN-APPREC>
 .082
<PER-SHARE-DIVIDEND>
 .648
<PER-SHARE-DISTRIBUTIONS>
 .150
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
9.520
<EXPENSE-RATIO>
90





</TABLE>


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