-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, N9gFEOZaigU4CzcSkFjVDhhOEuPftXlkWyArqFsF52kUoqGCYnqh8ei8DB06xZxm uQq7mps9FYZ8cCgWGKnRSw== 0000722574-09-000235.txt : 20091030 0000722574-09-000235.hdr.sgml : 20091030 20091030111949 ACCESSION NUMBER: 0000722574-09-000235 CONFORMED SUBMISSION TYPE: N-Q PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090831 FILED AS OF DATE: 20091030 DATE AS OF CHANGE: 20091030 EFFECTIVENESS DATE: 20091030 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIDELITY ADVISOR SERIES IV CENTRAL INDEX KEY: 0000719451 IRS NUMBER: 000000000 FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: N-Q SEC ACT: 1940 Act SEC FILE NUMBER: 811-03737 FILM NUMBER: 091146685 BUSINESS ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE ZH1 CITY: BOSTON STATE: MA ZIP: 02109 BUSINESS PHONE: 6175631413 MAIL ADDRESS: STREET 1: 82 DEVONSHIRE STREET STREET 2: MAILZONE ZH1 CITY: BOSTON STATE: MA ZIP: 02109 FORMER COMPANY: FORMER CONFORMED NAME: FIDELITY INCOME TRUST DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: INCOME PORTFOLIOS DATE OF NAME CHANGE: 19920202 FORMER COMPANY: FORMER CONFORMED NAME: FIXED INCOME PORTFOLIOS DATE OF NAME CHANGE: 19920202 0000719451 S000005156 Fidelity Institutional Short-Intermediate Government Fund C000014122 Fidelity Institutional Short-Intermediate Government Fund FFXSX N-Q 1 main.htm

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number 811-3737

Fidelity Advisor Series IV
 (Exact name of registrant as specified in charter)

82 Devonshire St., Boston, Massachusetts 02109
 (Address of principal executive offices)       (Zip code)

Scott C. Goebel, Secretary

82 Devonshire St.

Boston, Massachusetts 02109
(Name and address of agent for service)

Registrant's telephone number, including area code: 617-563-7000

Date of fiscal year end:

November 30

 

 

Date of reporting period:

August 31, 2009

Item 1. Schedule of Investments

Quarterly Holdings Report

for

Fidelity® Institutional
Short-Intermediate Government Fund

August 31, 2009 

1.805749.105

ISIG-QTLY-1009

Investments August 31, 2009 (Unaudited)

Showing Percentage of Net Assets

U.S. Government and Government Agency Obligations - 81.7%

 

Principal Amount

Value

U.S. Government Agency Obligations - 16.7%

Fannie Mae:

1.375% 4/28/11

$ 15,600,000

$ 15,715,346

1.75% 8/10/12

3,954,000

3,956,088

2.5% 5/15/14

5,006,000

4,978,342

2.75% 3/13/14

7,100,000

7,180,656

3% 7/12/10

1,875,000

1,915,671

4.75% 11/19/12

2,500,000

2,728,125

5% 2/16/12

2,110,000

2,288,031

6% 5/15/11

4,335,000

4,702,907

Federal Home Loan Bank 3.625% 10/18/13

13,230,000

13,871,999

Freddie Mac:

1.625% 4/26/11

3,134,000

3,170,580

1.75% 6/15/12

25,838,000

25,862,223

2.125% 3/23/12

3,192,000

3,238,638

2.5% 4/23/14

2,610,000

2,601,982

4.875% 11/15/13

250,000

274,766

6.875% 9/15/10

5,700,000

6,074,063

Israeli State (guaranteed by U.S. Government through Agency for International Development) 6.8% 2/15/12

1,639,880

1,755,885

Overseas Private Investment Corp. U.S. Government guaranteed participation certificates 6.77% 11/15/13

555,768

593,282

TOTAL U.S. GOVERNMENT AGENCY OBLIGATIONS

100,908,584

U.S. Treasury Obligations - 55.9%

U.S. Treasury Notes:

0.875% 2/28/11

6,711,000

6,729,610

0.875% 3/31/11

8,180,000

8,198,217

1% 8/31/11

39,996,000

40,011,633

1.125% 1/15/12

5,732,000

5,719,011

1.375% 2/15/12

27,286,000

27,360,600

1.375% 4/15/12

29,050,000

29,097,671

1.5% 10/31/10

14,271,000

14,437,129

1.5% 12/31/13

1,403,000

1,367,487

1.75% 11/15/11

1,789,000

1,813,459

1.75% 8/15/12

12,864,000

12,965,510

1.875% 6/15/12 (b)

28,895,000

29,271,993

1.875% 2/28/14

995,000

981,241

1.875% 4/30/14

25,188,000

24,749,175

2% 11/30/13

5,577,000

5,560,007

2.25% 5/31/14

8,025,000

8,005,563

2.375% 8/31/14

3,027,000

3,024,872

U.S. Government and Government Agency Obligations - continued

 

Principal Amount

Value

U.S. Treasury Obligations - continued

U.S. Treasury Notes: - continued

2.625% 6/30/14

$ 2,353,000

$ 2,383,700

2.625% 4/30/16

10,073,000

9,869,183

2.75% 2/28/13

12,669,000

13,124,299

2.75% 10/31/13

25,475,000

26,191,484

2.875% 1/31/13

28,600,000

29,761,875

3.125% 8/31/13

8,417,000

8,791,161

3.125% 9/30/13

3,970,000

4,145,240

3.375% 6/30/13

10,561,000

11,153,409

4.5% 9/30/11

1,000,000

1,070,938

4.625% 7/31/12

608,000

663,575

4.75% 5/31/12

4,500,000

4,910,625

4.875% 7/31/11

6,000,000

6,449,298

TOTAL U.S. TREASURY OBLIGATIONS

337,807,965

Other Government Related - 9.1%

Bank of America Corp. 2.1% 4/30/12 (FDIC Guaranteed) (c)

577,000

583,193

Citibank NA:

1.5% 7/12/11 (FDIC Guaranteed) (c)

320,000

321,839

1.875% 5/7/12 (FDIC Guaranteed) (c)

12,500,000

12,535,300

Citigroup Funding, Inc.:

2% 3/30/12 (FDIC Guaranteed) (c)

5,000,000

5,043,175

2.125% 7/12/12 (FDIC Guaranteed) (c)

934,000

941,860

General Electric Capital Corp.:

1.8% 3/11/11 (FDIC Guaranteed) (c)

12,000,000

12,163,452

2.625% 12/28/12 (FDIC Guaranteed) (c)

1,702,000

1,740,874

JPMorgan Chase & Co.:

1.65% 2/23/11 (FDIC Guaranteed) (c)

2,140,000

2,166,065

1.902% 12/26/12 (FDIC Guaranteed) (c)

7,000,000

7,070,728

Morgan Stanley 3.25% 12/1/11 (FDIC Guaranteed) (c)

11,696,000

12,176,191

TOTAL OTHER GOVERNMENT RELATED

54,742,677

TOTAL U.S. GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS

(Cost $488,742,090)

493,459,226

U.S. Government Agency - Mortgage Securities - 12.7%

 

Principal Amount

Value

Fannie Mae - 7.0%

2.805% 7/1/35 (e)

$ 84,422

$ 86,665

3.206% 4/1/36 (e)

328,492

335,440

3.281% 10/1/33 (e)

21,792

22,181

3.283% 3/1/35 (e)

18,306

18,710

3.289% 4/1/33 (e)

280,701

285,349

3.321% 9/1/34 (e)

225,247

231,652

3.334% 4/1/36 (e)

70,265

71,714

3.572% 2/1/33 (e)

29,878

30,407

3.613% 5/1/35 (e)

2,588,424

2,639,068

3.668% 7/1/35 (e)

12,259

12,484

3.697% 7/1/35 (e)

114,128

117,799

3.818% 5/1/34 (e)

232,860

240,553

3.828% 7/1/35 (e)

694,497

712,407

4% 9/1/13 to 6/1/24

1,136,913

1,151,241

4.046% 3/1/35 (e)

5,780

5,901

4.209% 11/1/36 (e)

160,808

166,552

4.22% 7/1/36 (e)

100,868

103,489

4.25% 7/1/34 (e)

14,318

14,745

4.263% 8/1/35 (e)

529,799

543,605

4.275% 6/1/36 (e)

26,937

27,957

4.284% 7/1/33 (e)

4,112,774

4,259,583

4.299% 3/1/33 (e)

18,286

18,846

4.344% 3/1/34 (e)

166,075

171,100

4.425% 3/1/35 (e)

61,536

63,378

4.44% 2/1/35 (e)

1,193,030

1,231,407

4.456% 10/1/35 (e)

49,219

50,456

4.534% 10/1/33 (e)

25,125

25,705

4.539% 11/1/33 (e)

58,511

61,350

4.585% 8/1/35 (e)

348,992

366,293

4.593% 10/1/35 (e)

495,421

508,628

4.597% 7/1/35 (e)

495,656

513,973

4.643% 7/1/35 (e)

30,727

31,851

4.649% 11/1/35 (e)

585,128

604,969

4.666% 11/1/36 (e)

156,905

162,985

4.717% 11/1/35 (e)

185,814

194,078

4.727% 9/1/35 (e)

186,386

194,133

4.735% 2/1/36 (e)

372,085

384,662

4.744% 2/1/34 (e)

7,333

7,591

4.777% 3/1/33 (e)

68,633

70,464

4.786% 7/1/35 (e)

144,370

149,308

4.823% 4/1/36 (e)

176,153

184,989

4.862% 1/1/35 (e)

104,234

106,857

U.S. Government Agency - Mortgage Securities - continued

 

Principal Amount

Value

Fannie Mae - continued

4.895% 2/1/36 (e)

$ 423,767

$ 438,125

4.925% 7/1/35 (e)

328,656

338,425

4.993% 2/1/34 (e)

206,797

214,596

4.996% 4/1/35 (e)

314,963

324,645

4.999% 12/1/32 (e)

193,976

198,999

5% 2/1/16

18,730

19,676

5% 9/1/24 (d)

3,000,000

3,125,595

5.006% 10/1/35 (e)

197,971

204,650

5.126% 10/1/35 (e)

940,224

974,564

5.128% 7/1/35 (e)

177,196

182,188

5.185% 3/1/35 (e)

20,278

20,766

5.27% 2/1/37 (e)

711,930

736,625

5.301% 12/1/34 (e)

42,032

42,903

5.302% 12/1/32 (e)

70,692

72,959

5.366% 2/1/37 (e)

434,133

448,392

5.498% 6/1/47 (e)

79,028

81,812

5.5% 12/1/13 to 11/1/16

399,525

422,497

5.5% 9/1/24 (d)

3,000,000

3,155,787

5.5% 9/17/24 (d)

1,000,000

1,051,929

5.518% 4/1/36 (e)

4,095,891

4,322,922

5.608% 4/1/36 (e)

428,263

451,425

5.633% 2/1/36 (e)

106,809

112,026

5.731% 9/1/36 (e)

170,558

177,152

5.773% 3/1/36 (e)

787,725

825,198

5.863% 5/1/36 (e)

100,034

106,138

5.883% 12/1/36 (e)

158,800

168,335

5.99% 4/1/36 (e)

1,675,462

1,772,325

6% 5/1/12 to 3/1/22

3,788,969

4,046,636

6.106% 4/1/36 (e)

153,506

162,380

6.22% 3/1/37 (e)

59,359

63,032

6.5% 6/1/15 to 7/1/32

357,175

383,196

7% 6/1/12 to 11/1/14

159,838

168,637

7.47% 12/1/32 (e)

951,888

989,604

9% 2/1/13 to 8/1/21

97,011

106,658

9.5% 11/1/21

457

511

10.5% 8/1/20

13,084

15,368

11% 11/1/10 to 9/1/14

22,353

23,157

11.5% 11/1/15 to 7/15/19

66,988

74,598

12% 4/1/15

10,641

12,381

12.5% 3/1/16

1,040

1,208

 

42,218,545

U.S. Government Agency - Mortgage Securities - continued

 

Principal Amount

Value

Freddie Mac - 5.7%

2.731% 4/1/34 (e)

$ 463,159

$ 474,323

2.877% 6/1/33 (e)

131,175

133,831

2.997% 5/1/35 (e)

274,410

281,485

3.156% 2/1/34 (e)

37,554

38,376

3.316% 7/1/33 (e)

2,666,092

2,722,572

3.478% 3/1/35 (e)

103,436

106,299

3.822% 12/1/33 (e)

267,107

274,325

3.852% 9/1/36 (e)

119,994

123,531

3.98% 7/1/35 (e)

167,822

173,094

4% 9/1/24 (d)

500,000

504,144

4.035% 6/1/35 (e)

96,133

99,863

4.25% 4/1/35 (e)

336,653

351,087

4.5% 5/1/35 (e)

194,253

200,129

4.527% 5/1/38 (e)

6,646,075

6,897,104

4.678% 10/1/35 (e)

188,222

194,912

4.707% 11/1/35 (e)

162,879

167,694

4.726% 3/1/35 (e)

100,939

102,934

4.793% 2/1/36 (e)

42,394

44,137

4.836% 9/1/35 (e)

4,701,954

4,875,740

4.845% 1/1/35 (e)

350,303

363,519

4.98% 10/1/36 (e)

172,266

179,530

4.995% 7/1/35 (e)

641,496

659,435

5% 9/1/35

9,534

9,827

5.099% 4/1/35 (e)

2,654,943

2,736,863

5.109% 7/1/35 (e)

124,027

127,944

5.251% 2/1/36 (e)

17,447

18,298

5.31% 3/1/33 (e)

5,393

5,559

5.446% 3/1/37 (e)

60,426

62,253

5.479% 4/1/37 (e)

62,234

64,366

5.5% 8/1/14 to 11/1/20

2,251,705

2,396,786

5.522% 1/1/36 (e)

197,275

206,822

5.524% 1/1/36 (e)

155,226

162,693

5.606% 3/1/36 (e)

636,639

666,889

5.669% 10/1/35 (e)

43,694

46,220

5.736% 5/1/37 (e)

773,455

807,061

5.737% 5/1/37 (e)

119,842

124,022

5.778% 3/1/37 (e)

310,157

315,882

5.779% 5/1/37 (e)

435,824

453,885

5.787% 4/1/37 (e)

329,605

339,504

5.823% 6/1/37 (e)

251,839

261,530

5.846% 5/1/37 (e)

59,498

61,754

5.95% 4/1/36 (e)

1,241,594

1,310,957

U.S. Government Agency - Mortgage Securities - continued

 

Principal Amount

Value

Freddie Mac - continued

6% 11/1/16 to 2/1/19

$ 1,146,271

$ 1,229,046

6.04% 12/1/36 (e)

766,378

790,947

6.079% 6/1/36 (e)

207,768

217,890

6.137% 12/1/36 (e)

232,128

244,808

6.141% 2/1/37 (e)

102,512

107,154

6.204% 8/1/36 (e)

1,399,507

1,469,008

6.22% 7/1/36 (e)

110,850

116,433

6.419% 6/1/37 (e)

34,333

36,391

6.5% 12/1/21

315,052

338,192

6.651% 8/1/37 (e)

221,456

235,159

7.347% 4/1/37 (e)

15,250

16,194

7.5% 11/1/12

51,279

54,038

9% 10/1/16 to 12/1/18

36,063

39,907

9.5% 2/1/17 to 12/1/22

89,998

99,850

10% 6/1/18 to 6/1/20

6,050

7,012

10.5% 9/1/20

165

195

11.5% 10/1/15

3,363

3,818

12% 10/1/13 to 11/1/19

11,710

13,264

12.25% 11/1/14

14,221

15,965

12.5% 8/1/10 to 6/1/19

49,303

55,706

 

34,238,156

Government National Mortgage Association - 0.0%

8% 11/15/09 to 12/15/23

152,437

167,885

8.5% 5/15/16 to 3/15/17

34,702

38,334

10.5% 1/15/16 to 1/15/18

33,941

38,812

11% 10/20/13

1,198

1,335

 

246,366

TOTAL U.S. GOVERNMENT AGENCY - MORTGAGE SECURITIES

(Cost $74,415,400)

76,703,067

Collateralized Mortgage Obligations - 3.7%

 

U.S. Government Agency - 3.7%

Fannie Mae:

floater:

Series 1994-42 Class FK, 3.12% 4/25/24 (e)

1,070,522

887,192

Series 2007-95 Class A1, 0.5156% 8/27/36 (e)

290,166

268,041

sequential payer Series 1999-25 Class Z, 6% 6/25/29

1,990,270

2,128,175

Collateralized Mortgage Obligations - continued

 

Principal Amount

Value

U.S. Government Agency - continued

Fannie Mae subordinate REMIC pass-thru certificates:

floater:

Series 2001-38 Class QF, 1.2456% 8/25/31 (e)

$ 251,632

$ 254,254

Series 2002-49 Class FB, 0.8725% 11/18/31 (e)

394,474

393,368

Series 2002-60 Class FV, 1.2656% 4/25/32 (e)

87,593

88,554

Series 2002-74 Class FV, 0.7156% 11/25/32 (e)

1,017,830

1,015,734

Series 2002-75 Class FA, 1.2656% 11/25/32 (e)

179,432

181,402

planned amortization class:

Series 2002-16 Class PG, 6% 4/25/17

473,200

502,765

Series 2002-9 Class PC, 6% 3/25/17

699,479

748,629

Series 2003-85 Class GD, 4.5% 9/25/18

395,000

415,933

Series 2004-81 Class KC, 4.5% 4/25/17

287,866

297,961

Series 2005-52 Class PB, 6.5% 12/25/34

503,587

541,530

sequential payer:

Series 2002-56 Class MC, 5.5% 9/25/17

109,546

117,062

Series 2002-57 Class BD, 5.5% 9/25/17

115,022

122,464

Series 2004-95 Class AN, 5.5% 1/25/25

336,002

358,660

Freddie Mac Multi-class participation certificates guaranteed:

floater:

Series 2448 Class FT, 1.2728% 3/15/32 (e)

393,108

397,489

Series 2526 Class FC, 0.6728% 11/15/32 (e)

212,833

211,462

Series 2530 Class FE, 0.8728% 2/15/32 (e)

222,437

222,397

Series 2630 Class FL, 0.7728% 6/15/18 (e)

24,979

25,073

Series 2925 Class CQ, 0% 1/15/35 (e)

79,331

71,535

Series 3344 Class FT, 0.6228% 7/15/34 (e)

6,595,297

6,514,410

planned amortization class:

Series 2356 Class GD, 6% 9/15/16

116,109

123,573

Series 2363 Class PF, 6% 9/15/16

153,016

162,728

Series 2376 Class JE, 5.5% 11/15/16

123,426

131,551

Series 2381 Class OG, 5.5% 11/15/16

91,266

97,469

Series 2425 Class JH, 6% 3/15/17

160,835

172,475

Series 2628 Class OE, 4.5% 6/15/18

335,000

354,542

Series 2695 Class DG, 4% 10/15/18

805,000

821,901

sequential payer:

Series 1929 Class EZ, 7.5% 2/17/27

833,815

889,998

Series 2570 Class CU, 4.5% 7/15/17

55,736

57,733

Series 2572 Class HK, 4% 2/15/17

71,870

73,650

Series 2617 Class GW, 3.5% 6/15/16

59,344

59,229

Series 2672 Class HA, 4% 9/15/16

599,646

618,752

Series 2729 Class GB, 5% 1/15/19

545,000

579,696

Collateralized Mortgage Obligations - continued

 

Principal Amount

Value

U.S. Government Agency - continued

Freddie Mac Multi-class participation certificates guaranteed: - continued

sequential payer:

Series 2860 Class CP, 4% 10/15/17

$ 51,656

$ 52,891

Series 3013 Class VJ, 5% 1/15/14

755,253

795,583

Series 2564 Class BQ, 5.5% 10/15/17

1,700,414

1,799,642

Series 2975 Class NA, 5% 7/15/23

61,515

61,566

TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS

(Cost $22,218,574)

22,617,069

Cash Equivalents - 6.8%

Maturity Amount

 

Investments in repurchase agreements in a joint trading account at:

0.2%, dated 8/31/09 due 9/1/09 (Collateralized by U.S. Treasury Obligations) #

$ 12,330,069

12,330,000

0.21%, dated 8/31/09 due 9/1/09 (Collateralized by U.S. Government Obligations) # (a)

28,980,169

28,980,000

TOTAL CASH EQUIVALENTS

(Cost $41,310,000)

41,310,000

TOTAL INVESTMENT PORTFOLIO - 104.9%

(Cost $626,686,064)

634,089,362

NET OTHER ASSETS - (4.9)%

(29,873,947)

NET ASSETS - 100%

$ 604,215,415

Swap Agreements

 

Expiration Date

Notional Amount

Value

Interest Rate Swaps

Receive quarterly a floating rate based on 3-month LIBOR and pay semi-annually a fixed rate equal to 4.28% with JPMorgan Chase, Inc.

April 2018

$ 2,500,000

$ (191,884)

Receive quarterly a floating rate based on 3-month LIBOR and pay semi-annually a fixed rate equal to 5.35% with Bank of America

March 2037

850,000

(201,596)

Receive semi-annually a fixed rate equal to 3.3175% and pay quarterly a floating rate based on 3-month LIBOR with JPMorgan Chase, Inc.

June 2010

9,000,000

249,476

Receive semi-annually a fixed rate equal to 3.78% and pay quarterly a floating rate based on 3-month LIBOR with Credit Suisse First Boston

Sept. 2013

8,000,000

550,110

 

 

$ 20,350,000

$ 406,106

Legend

(a) Includes investment made with cash collateral received from securities on loan.

(b) Security or a portion of the security is on loan at period end.

(c) Under the Temporary Liquidity Guarantee Program, the Federal Deposit Insurance Corporation guarantees principal and interest in the event of payment default or bankruptcy until the earlier of maturity date of the debt or until June 30, 2012. At the end of the period these securities amounted to $54,742,677 or 9.1% of net assets.

(d) Security or a portion of the security purchased on a delayed delivery or when-issued basis.

(e) The coupon rate shown on floating or adjustable rate securities represents the rate at period end.

# Additional information on each counterparty to the repurchase agreement is as follows:

Repurchase Agreement / Counterparty

Value

$12,330,000 due 9/01/09 at 0.20%

BNP Paribas Securities Corp.

$ 2,120,138

Banc of America Securities LLC

1,055,638

Bank of America, NA

2,639,096

Deutsche Bank Securities, Inc.

1,161,202

ING Financial Markets LLC

339,645

J.P. Morgan Securities, Inc.

2,111,276

Mizuho Securities USA, Inc.

1,055,638

Morgan Stanley & Co., Inc.

527,819

Societe Generale, New York Branch

1,319,548

 

$ 12,330,000

$28,980,000 due 9/01/09 at 0.21%

J.P. Morgan Securities, Inc.

$ 28,980,000

Other Information

The following is a summary of the inputs used, as of August 31, 2009, involving the Fund's assets and liabilities carried at value. The inputs or methodology used for valuing securities may not be an indication of the risk associated with investing in those securities. For more information on valuation inputs, and their aggregation into the levels used in the tables below, please refer to the Investment Valuation section at the end of this listing.

Valuation Inputs at Reporting Date:

Description

Total

Level 1

Level 2

Level 3

Investments in Securities:

Cash Equivalents

$ 41,310,000

$ -

$ 41,310,000

$ -

Collateralized Mortgage Obligations

22,617,069

-

22,349,028

268,041

U.S. Government Agency - Mortgage Securities

76,703,067

-

76,703,067

-

U.S. Government and Government Agency Obligations

493,459,226

-

492,865,944

593,282

Total Investments in Securities:

$ 634,089,362

$ -

$ 633,228,039

$ 861,323

Derivative Instruments:

Assets

Swap Agreements

$ 799,586

$ -

$ 799,586

$ -

Liabilities

Swap Agreements

$ (393,480)

$ -

$ (393,480)

$ -

Total Derivative Instruments:

$ 406,106

$ -

$ 406,106

$ -

The following is a reconciliation of Investments in Securities for which Level 3 inputs were used in determining value:

Investments in Securities

 

Beginning Balance

$ 692,160

Total Realized Gain (Loss)

43

Total Unrealized Gain (Loss)

(20,549)

Cost of Purchases

-

Proceeds of Sales

(231,242)

Amortization/Accretion

-

Transfer in/out of Level 3

420,911

Ending Balance

$ 861,323

The change in unrealized gain (loss) attributable to Level 3 securities at August 31, 2009

$ (20,549)

The information used in the above reconciliation represents fiscal year to date activity for any Investments in Securities identified as using Level 3 inputs at either the beginning or the end of the current fiscal period. Transfers in or out of Level 3 represents either the beginning value (for transfers in), or the ending value (for transfers out) of any Security or Instrument where a change in the pricing level occurred from the beginning to the end of the period. Realized and unrealized gains (losses) disclosed in the reconciliation are included in Net Gain (Loss) on the Fund's Statement of Operations.

Income Tax Information

At August 31, 2009, the aggregate cost of investment securities for income tax purposes was $626,654,923. Net unrealized appreciation aggregated $7,434,439, of which $8,326,525 related to appreciated investment securities and $892,086 related to depreciated investment securities.

Investment Valuation

Investments are valued as of 4:00 p.m. Eastern time on the last calendar day of the period. Security transactions are accounted for as of trade date. The Fund uses independent pricing services approved by the Board of Trustees to value its investments. Generally Accepted Accounting Principles (GAAP) establishes a disclosure hierarchy that categorizes the inputs to valuation techniques used to value assets and liabilities at measurement date. These inputs are classified into three levels. Level 1 includes readily available unadjusted quoted prices in active markets for identical assets or liabilities. Level 2 includes observable inputs other than quoted prices included in Level 1 that are observable either directly or indirectly. Level 3 includes unobservable inputs when market prices are not readily available or reliable. Changes in valuation techniques may result in transfers in or out of an investment's assigned level within the hierarchy. Valuation techniques of the Fund's major categories of assets and liabilities are as follows.

Debt securities, including restricted securities, are valued based on quotations received from dealers who make markets in such securities or by independent pricing services. For U.S. government and government agency obligations pricing services generally utilize matrix pricing which considers yield or price of bonds of comparable quality, coupon, maturity and type as well as available dealer supplied prices.

For collateralized mortgage obligations and U.S. government agency mortgage securities, pricing services generally utilize matrix pricing which considers prepayment speed assumptions, attributes of the collateral, yield or price of bonds of comparable quality, coupon, maturity and types as well as dealer supplied prices.

Swaps are marked-to-market daily based on valuations from independent pricing services or dealer-supplied valuations and changes in value are recorded as unrealized appreciation (depreciation). Investments in open-end mutual funds are valued at their closing net asset value each business day. Short-term securities with remaining maturities of sixty days or less for which quotations are not readily available are valued at amortized cost, which approximates value. Actual prices received at disposition may differ.

When current market prices or quotations are not readily available or reliable, valuations may be determined in good faith in accordance with procedures adopted by the Board of Trustees. The frequency with which these procedures are used cannot be predicted and may be utilized to a significant extent. The value of securities used for net asset value calculation under these procedures may differ from published prices for the same securities.

For additional information on the Fund's policy regarding valuation of investments and other significant accounting policies, please refer to the Fund's most recent semiannual or annual shareholder report.

Quarterly Report

The fund's schedule of investments as of the date on the cover of this report has not been audited. This report is provided for the general information of the fund's shareholders. For more information regarding the fund and its holdings, please visit advisor.fidelity.com or call Fidelity at 1-877-208-0098 for a free copy of the fund's most recent prospectus and annual report.

Third party trademarks and service marks are the property of their respective owners. All other trademarks and service marks are the property of FMR LLC or an affiliate.

Quarterly Report

Item 2. Controls and Procedures

(a)(i) The President and Treasurer and the Chief Financial Officer have concluded that the Fidelity Advisor Series IV's (the "Trust") disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act) provide reasonable assurances that material information relating to the Trust is made known to them by the appropriate persons, based on their evaluation of these controls and procedures as of a date within 90 days of the filing date of this report.

(a)(ii) There was no change in the Trust's internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act) that occurred during the Trust's last fiscal quarter that has materially affected, or is reasonably likely to materially affect, the Trust's internal control over financial reporting.

Item 3. Exhibits

Certification pursuant to Rule 30a-2(a) under the Investment Company Act of 1940 (17 CFR 270.30a-2(a)) is filed and attached hereto as Exhibit 99.CERT.

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

Fidelity Advisor Series IV

By:

/s/John R. Hebble

 

John R. Hebble

 

President and Treasurer

 

 

Date:

October 30, 2009

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By:

/s/John R. Hebble

 

John R. Hebble

 

President and Treasurer

 

 

Date:

October 30, 2009

By:

/s/Christine Reynolds

 

Christine Reynolds

 

Chief Financial Officer

 

 

Date:

October 30, 2009

EX-99.CERT 2 ad499cert.htm

Exhibit EX-99.CERT

I, John R. Hebble, certify that:

1. I have reviewed this report on Form N-Q of Fidelity Advisor Series IV;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: October 30, 2009

/s/John R. Hebble

John R. Hebble

President and Treasurer

I, Christine Reynolds, certify that:

1. I have reviewed this report on Form N-Q of Fidelity Advisor Series IV;

2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3. Based on my knowledge, the schedules of investments included in this report fairly present in all material respects the investments of the registrant as of the end of the fiscal quarter for which the report is filed;

4. The registrant's other certifying officer(s) and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940) and internal control over financial reporting (as defined in Rule 30a-3(d) under the Investment Company Act of 1940) for the registrant and have:

a. Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b. Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c. Evaluated the effectiveness of the registrant's disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of a date within 90 days prior to the filing date of this report based upon such evaluation; and

d. Disclosed in this report any change in the registrant's internal control over financial reporting that occurred during the registrant's most recent fiscal quarter that has materially affected, or is reasonably likely to materially affect, the registrant's internal control over financial reporting; and

5. The registrant's other certifying officer(s) and I have disclosed to the registrant's auditors and the audit committee of the registrant's board of directors (or persons performing the equivalent functions):

a. All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant's ability to record, process, summarize, and report financial information; and

b. Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant's internal control over financial reporting.

Date: October 30, 2009

/s/Christine Reynolds

Christine Reynolds

Chief Financial Officer

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