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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
076 000400 0.00
SIGNATURE JOHN H. COSTELLO
TITLE ASST. TREASURER
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<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
20,459
<NET-ASSETS>
669,764
<DIVIDEND-INCOME>
2,593
<INTEREST-INCOME>
819
<OTHER-INCOME>
0
<EXPENSES-NET>
5,108
<NET-INVESTMENT-INCOME>
(1,696)
<REALIZED-GAINS-CURRENT>
47,392
<APPREC-INCREASE-CURRENT>
(71,366)
<NET-CHANGE-FROM-OPS>
(25,670)
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
32
<DISTRIBUTIONS-OF-GAINS>
711
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
269
<NUMBER-OF-SHARES-REDEEMED>
276
<SHARES-REINVESTED>
30
<NET-CHANGE-IN-ASSETS>
19,273
<ACCUMULATED-NII-PRIOR>
377
<ACCUMULATED-GAINS-PRIOR>
48,725
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
2,100
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
5,203
<AVERAGE-NET-ASSETS>
11,297
<PER-SHARE-NAV-BEGIN>
25.170
<PER-SHARE-NII>
(.00)
<PER-SHARE-GAIN-APPREC>
(.610)
<PER-SHARE-DIVIDEND>
.070
<PER-SHARE-DISTRIBUTIONS>
1.570
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
22.920
<EXPENSE-RATIO>
106
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000803013
<NAME> Fidelity Advisor Series V
<SERIES>
<NUMBER> 21
<NAME> Advisor Natural Resources Fund Class T
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
oct-31-1997
<PERIOD-END>
apr-30-1997
<INVESTMENTS-AT-COST>
650,341
<INVESTMENTS-AT-VALUE>
670,800
<RECEIVABLES>
8,849
<ASSETS-OTHER>
7
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
679,656
<PAYABLE-FOR-SECURITIES>
5,276
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
4,616
<TOTAL-LIABILITIES>
9,892
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
603,834
<SHARES-COMMON-STOCK>
26,456
<SHARES-COMMON-PRIOR>
23,998
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
1,907
<ACCUMULATED-NET-GAINS>
47,378
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
20,459
<NET-ASSETS>
669,764
<DIVIDEND-INCOME>
2,593
<INTEREST-INCOME>
819
<OTHER-INCOME>
0
<EXPENSES-NET>
5,108
<NET-INVESTMENT-INCOME>
(1,696)
<REALIZED-GAINS-CURRENT>
47,392
<APPREC-INCREASE-CURRENT>
(71,366)
<NET-CHANGE-FROM-OPS>
(25,670)
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
488
<DISTRIBUTIONS-OF-GAINS>
38,300
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
6,468
<NUMBER-OF-SHARES-REDEEMED>
5,457
<SHARES-REINVESTED>
1,447
<NET-CHANGE-IN-ASSETS>
19,273
<ACCUMULATED-NII-PRIOR>
377
<ACCUMULATED-GAINS-PRIOR>
48,725
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
2,100
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
5,203
<AVERAGE-NET-ASSETS>
637,080
<PER-SHARE-NAV-BEGIN>
25.120
<PER-SHARE-NII>
(.060)
<PER-SHARE-GAIN-APPREC>
(.600)
<PER-SHARE-DIVIDEND>
.02
<PER-SHARE-DISTRIBUTIONS>
1.570
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
22.870
<EXPENSE-RATIO>
148
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000803013
<NAME> Fidelity Advisor Series V
<SERIES>
<NUMBER> 44
<NAME> Advisor California Municipal Income Fund - Class
A
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
oct-31-1997
<PERIOD-END>
apr-30-1997
<INVESTMENTS-AT-COST>
4,968
<INVESTMENTS-AT-VALUE>
4,976
<RECEIVABLES>
74
<ASSETS-OTHER>
68
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
5,118
<PAYABLE-FOR-SECURITIES>
100
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
37
<TOTAL-LIABILITIES>
137
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
4,981
<SHARES-COMMON-STOCK>
14
<SHARES-COMMON-PRIOR>
10
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(7)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
7
<NET-ASSETS>
4,981
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
125
<OTHER-INCOME>
0
<EXPENSES-NET>
23
<NET-INVESTMENT-INCOME>
102
<REALIZED-GAINS-CURRENT>
(6)
<APPREC-INCREASE-CURRENT>
(29)
<NET-CHANGE-FROM-OPS>
67
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
3
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
3
<NUMBER-OF-SHARES-REDEEMED>
0
<SHARES-REINVESTED>
1
<NET-CHANGE-IN-ASSETS>
148
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(1)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
9
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
121
<AVERAGE-NET-ASSETS>
0
<PER-SHARE-NAV-BEGIN>
9.930
<PER-SHARE-NII>
.211
<PER-SHARE-GAIN-APPREC>
(.070)
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.211
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
9.860
<EXPENSE-RATIO>
90
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000803013
<NAME> Fidelity Advisor Series V
<SERIES>
<NUMBER> 42
<NAME> Advisor California Municipal Income Fund - Class
B
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
oct-31-1997
<PERIOD-END>
apr-30-1997
<INVESTMENTS-AT-COST>
4,968
<INVESTMENTS-AT-VALUE>
4,976
<RECEIVABLES>
74
<ASSETS-OTHER>
68
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
5,118
<PAYABLE-FOR-SECURITIES>
100
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
37
<TOTAL-LIABILITIES>
137
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
4,981
<SHARES-COMMON-STOCK>
69
<SHARES-COMMON-PRIOR>
65
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(7)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
7
<NET-ASSETS>
4,981
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
125
<OTHER-INCOME>
0
<EXPENSES-NET>
23
<NET-INVESTMENT-INCOME>
102
<REALIZED-GAINS-CURRENT>
(6)
<APPREC-INCREASE-CURRENT>
(29)
<NET-CHANGE-FROM-OPS>
67
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
12
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
4
<NUMBER-OF-SHARES-REDEEMED>
1
<SHARES-REINVESTED>
1
<NET-CHANGE-IN-ASSETS>
148
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(1)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
9
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
121
<AVERAGE-NET-ASSETS>
0
<PER-SHARE-NAV-BEGIN>
9.900
<PER-SHARE-NII>
.174
<PER-SHARE-GAIN-APPREC>
(.060)
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.174
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
9.840
<EXPENSE-RATIO>
165
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000803013
<NAME> Fidelity Advisor Series V
<SERIES>
<NUMBER> 43
<NAME> Advisor California Municipal Income Fund - Institutional
Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
oct-31-1997
<PERIOD-END>
apr-30-1997
<INVESTMENTS-AT-COST>
4,968
<INVESTMENTS-AT-VALUE>
4,976
<RECEIVABLES>
74
<ASSETS-OTHER>
68
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
5,118
<PAYABLE-FOR-SECURITIES>
100
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
37
<TOTAL-LIABILITIES>
137
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
4,981
<SHARES-COMMON-STOCK>
193
<SHARES-COMMON-PRIOR>
186
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(7)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
7
<NET-ASSETS>
4,981
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
125
<OTHER-INCOME>
0
<EXPENSES-NET>
23
<NET-INVESTMENT-INCOME>
102
<REALIZED-GAINS-CURRENT>
(6)
<APPREC-INCREASE-CURRENT>
(29)
<NET-CHANGE-FROM-OPS>
67
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
41
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
3
<NUMBER-OF-SHARES-REDEEMED>
0
<SHARES-REINVESTED>
4
<NET-CHANGE-IN-ASSETS>
148
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(1)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
9
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
121
<AVERAGE-NET-ASSETS>
0
<PER-SHARE-NAV-BEGIN>
9.910
<PER-SHARE-NII>
.217
<PER-SHARE-GAIN-APPREC>
(.100)
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.217
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
9.810
<EXPENSE-RATIO>
75
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000803013
<NAME> Fidelity Advisor Series V
<SERIES>
<NUMBER> 41
<NAME> Advisor California Municipal Income Fund - Class
T
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
oct-31-1997
<PERIOD-END>
apr-30-1997
<INVESTMENTS-AT-COST>
4,968
<INVESTMENTS-AT-VALUE>
4,976
<RECEIVABLES>
74
<ASSETS-OTHER>
68
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
5,118
<PAYABLE-FOR-SECURITIES>
100
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
37
<TOTAL-LIABILITIES>
137
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
4,981
<SHARES-COMMON-STOCK>
231
<SHARES-COMMON-PRIOR>
226
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
(7)
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
7
<NET-ASSETS>
4,981
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
125
<OTHER-INCOME>
0
<EXPENSES-NET>
23
<NET-INVESTMENT-INCOME>
102
<REALIZED-GAINS-CURRENT>
(6)
<APPREC-INCREASE-CURRENT>
(29)
<NET-CHANGE-FROM-OPS>
67
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
46
<DISTRIBUTIONS-OF-GAINS>
0
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
37
<NUMBER-OF-SHARES-REDEEMED>
34
<SHARES-REINVESTED>
2
<NET-CHANGE-IN-ASSETS>
148
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
(1)
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
9
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
121
<AVERAGE-NET-ASSETS>
0
<PER-SHARE-NAV-BEGIN>
9.920
<PER-SHARE-NII>
.206
<PER-SHARE-GAIN-APPREC>
(.050)
<PER-SHARE-DIVIDEND>
0
<PER-SHARE-DISTRIBUTIONS>
.206
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
9.870
<EXPENSE-RATIO>
100
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000803013
<NAME> Fidelity Advisor Series V
<SERIES>
<NUMBER> 14
<NAME> Advisor New York Tax-Free Municpal Portfolio
Class A
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
oct-31-1997
<PERIOD-END>
apr-30-1997
<INVESTMENTS-AT-COST>
7,728
<INVESTMENTS-AT-VALUE>
7,776
<RECEIVABLES>
139
<ASSETS-OTHER>
7
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
7,922
<PAYABLE-FOR-SECURITIES>
48
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
35
<TOTAL-LIABILITIES>
83
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
7,784
<SHARES-COMMON-STOCK>
19
<SHARES-COMMON-PRIOR>
10
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
7
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
48
<NET-ASSETS>
7,839
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
203
<OTHER-INCOME>
0
<EXPENSES-NET>
46
<NET-INVESTMENT-INCOME>
157
<REALIZED-GAINS-CURRENT>
13
<APPREC-INCREASE-CURRENT>
(58)
<NET-CHANGE-FROM-OPS>
112
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
3
<DISTRIBUTIONS-OF-GAINS>
1
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
9
<NUMBER-OF-SHARES-REDEEMED>
0
<SHARES-REINVESTED>
0
<NET-CHANGE-IN-ASSETS>
449
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
38
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
15
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
154
<AVERAGE-NET-ASSETS>
138
<PER-SHARE-NAV-BEGIN>
10.490
<PER-SHARE-NII>
.231
<PER-SHARE-GAIN-APPREC>
(.070)
<PER-SHARE-DIVIDEND>
.231
<PER-SHARE-DISTRIBUTIONS>
.060
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
10.360
<EXPENSE-RATIO>
90
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000803013
<NAME> Fidelity Advisor Series V
<SERIES>
<NUMBER> 12
<NAME> Advisor New York Tax-Free Municpal Portfolio
Class B
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
oct-31-1997
<PERIOD-END>
apr-30-1997
<INVESTMENTS-AT-COST>
7,728
<INVESTMENTS-AT-VALUE>
7,776
<RECEIVABLES>
139
<ASSETS-OTHER>
7
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
7,922
<PAYABLE-FOR-SECURITIES>
48
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
35
<TOTAL-LIABILITIES>
83
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
7,784
<SHARES-COMMON-STOCK>
258
<SHARES-COMMON-PRIOR>
233
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
7
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
48
<NET-ASSETS>
7,839
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
203
<OTHER-INCOME>
0
<EXPENSES-NET>
46
<NET-INVESTMENT-INCOME>
157
<REALIZED-GAINS-CURRENT>
13
<APPREC-INCREASE-CURRENT>
(58)
<NET-CHANGE-FROM-OPS>
112
<EQUALIZATION>
0
<DISTRIBUTIONS-OF-INCOME>
46
<DISTRIBUTIONS-OF-GAINS>
15
<DISTRIBUTIONS-OTHER>
0
<NUMBER-OF-SHARES-SOLD>
31
<NUMBER-OF-SHARES-REDEEMED>
10
<SHARES-REINVESTED>
4
<NET-CHANGE-IN-ASSETS>
449
<ACCUMULATED-NII-PRIOR>
0
<ACCUMULATED-GAINS-PRIOR>
38
<OVERDISTRIB-NII-PRIOR>
0
<OVERDIST-NET-GAINS-PRIOR>
0
<GROSS-ADVISORY-FEES>
15
<INTEREST-EXPENSE>
0
<GROSS-EXPENSE>
154
<AVERAGE-NET-ASSETS>
2560
<PER-SHARE-NAV-BEGIN>
10.470
<PER-SHARE-NII>
.192
<PER-SHARE-GAIN-APPREC>
(.050)
<PER-SHARE-DIVIDEND>
.192
<PER-SHARE-DISTRIBUTIONS>
.060
<RETURNS-OF-CAPITAL>
0
<PER-SHARE-NAV-END>
10.360
<EXPENSE-RATIO>
165
<AVG-DEBT-OUTSTANDING>
0
<AVG-DEBT-PER-SHARE>
0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000803013
<NAME> Fidelity Advisor Series V
<SERIES>
<NUMBER> 13
<NAME> Advisor New York Tax-Free Municpal Portfolio
Institutional Class
<MULTIPLIER> 1,000
<S>
<C>
<PERIOD-TYPE>
6-mos
<FISCAL-YEAR-END>
oct-31-1997
<PERIOD-END>
apr-30-1997
<INVESTMENTS-AT-COST>
7,728
<INVESTMENTS-AT-VALUE>
7,776
<RECEIVABLES>
139
<ASSETS-OTHER>
7
<OTHER-ITEMS-ASSETS>
0
<TOTAL-ASSETS>
7,922
<PAYABLE-FOR-SECURITIES>
48
<SENIOR-LONG-TERM-DEBT>
0
<OTHER-ITEMS-LIABILITIES>
35
<TOTAL-LIABILITIES>
83
<SENIOR-EQUITY>
0
<PAID-IN-CAPITAL-COMMON>
7,784
<SHARES-COMMON-STOCK>
71
<SHARES-COMMON-PRIOR>
69
<ACCUMULATED-NII-CURRENT>
0
<OVERDISTRIBUTION-NII>
0
<ACCUMULATED-NET-GAINS>
7
<OVERDISTRIBUTION-GAINS>
0
<ACCUM-APPREC-OR-DEPREC>
48
<NET-ASSETS>
7,839
<DIVIDEND-INCOME>
0
<INTEREST-INCOME>
203
<OTHER-INCOME>
0
<EXPENSES-NET>
46
<NET-INVESTMENT-INCOME>
157
<REALIZED-GAINS-CURRENT>
13
<APPREC-INCREASE-CURRENT>
(58)
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112
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0
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16
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4
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449
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0
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154
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727
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10.470
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.239
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10.370
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75
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0
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0
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<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 0000803013
<NAME> Fidelity Advisor Series V
<SERIES>
<NUMBER> 11
<NAME> Advisor New York Tax-Free Municpal Portfolio
Class T
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<S>
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