FIDELITY COVINGTON TRUST
NSAR-A, 1999-08-27
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<PAGE>      PAGE  1
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<PAGE>      PAGE  3
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<PAGE>      PAGE  9
077 A000000 N
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080 A00AA00 AMERICAN INTERNATIONAL SPECIALTY INSURANCE CO
080 B00AA00 FEDERAL INSURANCE COMPANY
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024  000100 Y
025 A000101 MORGAN (J.P.) SECURITIES, INC.
025 B000101 13-3224016
025 C000101 D
025 D000101    1421
025 A000102 DONALDSON, LUFKIN & JENNETTE SECURITIES CORP.
025 B000102 13-2741729
025 C000102 D
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025 A000103 NOMURA SECURITIES INTL. INC.
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025 C000103 D
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SIGNATURE   JOHN H. COSTELLO
TITLE       ASSISTANT TREASURER



<TABLE> <S> <C>

<ARTICLE>	6

<CIK>	0000945908

<NAME>	Fidelity Covington Trust

<SERIES>

	<NUMBER>	11

	<NAME>	Fidelity Real Estate High Income Fund II

<MULTIPLIER>	1,000



<S>

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</TABLE>


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