TEXTAINER FINANCIAL SERVICES CORPORATION
                  650 California Street, 16th Floor
                       San Francisco, CA 94108



August 11, 2000

Securities and Exchange Commission
Washington, DC  20549

Gentlemen:

Pursuant to the  requirements  of the  Securities  Exchange Act of 1934,  we are
submitting  herewith for filing on behalf of Textainer Equipment Income Fund IV,
L.P. (the "Partnership") the Partnership's Quarterly Report on Form 10-Q for the
Second Quarter ended June 30, 2000.

This filing is being effected by direct  transmission to the Commission's  EDGAR
System.

Sincerely,

Nadine Forsman
Controller
<PAGE>


                                 UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                                 Washington DC 20549



                                   FORM 10-Q



                 QUARTERLY REPORT UNDER SECTION 13 OR 15 (D) OF
                       THE SECURITIES EXCHANGE ACT OF 1934


                   For the quarterly period ended June 30, 2000


                         Commission file number 0-21228


                       TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
                          A California Limited Partnership
                (Exact name of Registrant as specified in its charter)


          California                                             94-3147432
  (State or other jurisdiction                                 (IRS Employer
 of incorporation or organization)                           Identification No.)

 650 California Street, 16th Floor
         San Francisco, CA                                         94108
(Address of Principal Executive Offices)                         (ZIP Code)

                                   (415) 434-0551
                 (Registrant's telephone number, including area code)


Indicate by check mark whether the registrant (1) has filed all reports required
to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during
the  preceding 12 months (or for such  shorter  period that the  registrant  was
required  to file  such  reports),  and  (2) has  been  subject  to such  filing
requirements for the past 90 days.

                                  Yes [X] No [ ]



<PAGE>
<TABLE>
<CAPTION>


TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Quarterly Report on Form 10-Q for the
Quarter Ended June 30, 2000

Table of Contents
-------------------------------------------------------------------------------------------------------------------

                                                                                                               Page
<S>                                                                                                           <C>


Item 1.   Financial Statements

          Balance Sheets - June 30, 2000 (unaudited)
          and December 31, 1999.............................................................................    3


          Statements of Operations for the three and six months
          ended June 30, 2000 and 1999 (unaudited)..........................................................    4


          Statements of Partners' Capital for the six months
          ended June 30, 2000 and 1999 (unaudited)..........................................................    5


          Statements of Cash Flows for the six months
          ended June 30, 2000 and 1999 (unaudited)..........................................................    6


          Notes to Financial Statements (unaudited).........................................................    8


Item 2.   Management's Discussion and Analysis of Financial Condition
          and Results of Operations.........................................................................   12

</TABLE>

<PAGE>

<TABLE>
<CAPTION>


TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Balance Sheets

June 30, 2000 and December 31, 1999
(Amounts in thousands)
-------------------------------------------------------------------------------------------------------------------

                                                                                 2000                    1999
                                                                           ----------------        ----------------
                                                                             (unaudited)
<S>                                                                        <C>                      <C>
Assets
Container rental equipment, net of accumulated
   depreciation of $47,920 (1999: $45,244) (note 4)                     $           65,039       $          69,262
Cash                                                                                 4,333                   2,660
Accounts receivable, net of allowance for doubtful
   accounts of $663 (1999: $749)                                                     4,095                   4,042
Due from affiliates, net (note 2)                                                      403                     730
Prepaid expenses                                                                         7                      20
                                                                           ----------------        ----------------

                                                                         $          73,877       $          76,714
                                                                           ================        ================

Liabilities and Partners' Capital
Liabilities:
   Accounts payable                                                      $             490       $             515
   Accrued liabilities                                                                 340                     290
   Accrued recovery costs                                                              205                     186
   Accrued damage protection plan costs                                                565                     544
   Warranty claims                                                                     384                     415
   Deferred quarterly distributions                                                    125                     127
   Container purchases payable                                                         243                       -
                                                                           ----------------        ----------------

      Total liabilities                                                              2,352                   2,077
                                                                           ----------------        ----------------

Partners' capital:
   General partners                                                                      -                       -
   Limited partners                                                                 71,525                  74,637
                                                                           ----------------        ----------------

      Total partners' capital                                                       71,525                  74,637
                                                                           ----------------        ----------------


                                                                         $          73,877       $          76,714
                                                                           ================        ================
</TABLE>

See accompanying notes to financial statements



<PAGE>

<TABLE>
<CAPTION>


TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Statements of Operations

For the three and six months ended June 30, 2000 and 1999
(Amounts in thousands except for unit and per unit amounts)
(unaudited)
------------------------------------------------------------------------------------------------------------------------------------


                                                        Three months          Three months          Six months          Six months
                                                            Ended                 Ended                Ended               Ended
                                                        June 30, 2000        June 30, 1999        June 30, 2000       June 30, 1999
                                                        --------------       --------------       --------------      --------------
<S>                                                    <C>                      <C>                 <C>                  <C>

Rental income                                          $        4,395       $        4,060       $        8,826      $        8,372
                                                        --------------       --------------       --------------      --------------

Costs and expenses:
   Direct container expenses                                    1,175                1,863                2,430               3,086
   Bad debt (benefit) expense                                    (118)                  54                  (81)                243
   Depreciation                                                 1,692                1,785                3,393               3,576
   Write-down of containers (note 4)                              102                   62                  149                 311
   Professional fees                                               22                   11                   41                  20
   Management fees to affiliates (note 2)                         408                  412                  819                 843
   General and administrative costs to
       affiliates (note 2)                                        220                  246                  437                 542
   Other general and administrative costs                          49                   44                   87                  87
                                                        --------------       --------------       --------------      --------------

                                                                3,550                4,477                7,275               8,708
                                                        --------------       --------------       --------------      --------------

   Income (loss) from operations                                  845                 (417)               1,551                (336)
                                                        --------------       --------------       --------------      --------------

Other income (loss):
   Interest income                                                 60                   37                  105                  74
   Gain (loss) on sale of containers (note 4)                      41                 (412)                  38                (491)
                                                        --------------       --------------       --------------      --------------

                                                                  101                 (375)                 143                (417)
                                                        --------------       --------------       --------------      --------------

    Net earnings (loss)                                $          946       $         (792)      $        1,694      $         (753)
                                                        ==============       ==============       ==============      ==============

Allocation of net earnings (loss) (note 2):
   General partners                                    $           25       $           32       $           50      $           64
   Limited partners                                               921                 (824)               1,644                (817)
                                                        --------------       --------------       --------------      --------------

                                                       $          946       $         (792)      $        1,694      $         (753)
                                                        ==============       ==============       ==============      ==============
Limited partners' per unit share
   of net earnings (loss)                              $         0.14       $        (0.12)      $         0.24      $        (0.12)
                                                        ==============       ==============       =============       ==============

Limited partners' per unit share
   of distributions                                    $         0.35       $         0.45       $         0.70      $         0.90
                                                        ==============       ==============       ==============      ==============

Weighted average number of limited
   partnership units outstanding                            6,793,790            6,793,790            6,793,790           6,793,790
                                                        ==============       ==============       ==============      ==============


See accompanying notes to financial statements
</TABLE>

<PAGE>
<TABLE>
<CAPTION>
TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Statements of Partners' Capital

For the six months ended June 30, 2000 and 1999
(Amounts in thousands)
(unaudited)
--------------------------------------------------------------------------------------------------------------------------------

                                                                                         Partners' Capital
                                                                     -----------------------------------------------------------

                                                                        General              Limited                 Total
                                                                     --------------       ---------------       ----------------

<S>                                                                   <C>                  <C>                     <C>

Balances at January 1, 1999                                         $            -       $        85,661       $         85,661

Distributions                                                                  (64)               (6,115)                (6,179)

Redemptions (note 5)                                                             -                   (34)                   (34)

Net loss                                                                        64                  (817)                  (753)
                                                                     --------------       ---------------       ----------------

Balances at June 30, 1999                                           $            -       $        78,695       $         78,695
                                                                     ==============       ===============       ================

Balances at January 1, 2000                                         $            -       $        74,637       $         74,637

Distributions                                                                  (50)               (4,756)                (4,806)

Net earnings                                                                    50                 1,644                  1,694
                                                                     --------------       ---------------       ----------------

Balances at June 30, 2000                                           $            -       $        71,525       $         71,525
                                                                     ==============       ===============       ================


See accompanying notes to financial statements
</TABLE>

<PAGE>
<TABLE>
<CAPTION>

TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Statements of Cash Flows

For the six months ended June 30, 2000 and 1999
(Amounts in thousands)
(unaudited)
----------------------------------------------------------------------------------------------------------------------

                                                                                         2000               1999
                                                                                    ---------------    ---------------
<S>                                                                                  <C>                 <C>

Cash flows from operating activities:
   Net earnings (loss)                                                             $         1,694    $          (753)
   Adjustments to reconcile net earnings (loss) to
      net cash provided by operating activities:
        Depreciation                                                                         3,393              3,576
        Write-down of containers (note 4)                                                      149                311
        Decrease (increase) in allowance for doubtful accounts                                 (86)               231
        (Gain) loss on sale of containers                                                      (38)               491
        Decrease in assets:
            Accounts receivable                                                                181                502
            Due from affiliates, net                                                           395                280
            Prepaid expenses                                                                    13                 18
         Increase (decrease) in liabilities:
            Accounts payable and accrued liabilities                                            25                167
            Accrued recovery costs                                                              19                 33
            Damage protection plan costs                                                        21                146
            Warranty claims                                                                    (31)               (31)
                                                                                    ---------------    ---------------


               Net cash provided by operating activities                                     5,735              4,971
                                                                                    ---------------    ---------------

Cash flows from investing activities:
   Proceeds from sale of containers                                                            746              2,045
   Container purchases                                                                           -             (1,488)
                                                                                    ---------------    ---------------

              Net cash provided by investing activities                                        746                557
                                                                                    ---------------    ---------------

Cash flows from financing activities:
    Redemptions of limited partnership units                                                     -                (34)
    Distributions to partners                                                               (4,808)            (6,185)
                                                                                    ---------------    ---------------

               Net cash used in financing activities                                        (4,808)            (6,219)
                                                                                    ---------------    ---------------

Net increase (decrease) in cash                                                              1,673               (691)

Cash at beginning of period                                                                  2,660              2,488
                                                                                    ---------------    ---------------

Cash at end of period                                                              $         4,333    $         1,797
                                                                                    ===============    ===============



See accompanying notes to financial statements
</TABLE>



<PAGE>

<TABLE>
<CAPTION>



TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)


Statements Of Cash Flows--Continued

For the six months ended June 30, 2000 and 1999
(Amounts in thousands)
(unaudited)
-------------------------------------------------------------------------------------------------------------------

Supplemental Disclosures:

Supplemental schedule of non-cash investing and financing activities:

The following table summarizes the amounts of container purchases, distributions
to partners,  and proceeds  from sale of  containers  which had not been paid or
received as of June 30, 2000 and 1999, and December 31, 1999 and 1998, resulting
in differences in amounts  recorded and amounts of cash disbursed or received by
the  Partnership,  as shown in the  Statements  of Cash Flows for the  six-month
periods ended June 30, 2000 and 1999.

                                                               June 30        Dec. 31        June 30         Dec. 31
                                                                 2000          1999            1999            1998
                                                             -----------    -----------    -----------     -----------
<S>                                                          <C>            <C>            <C>              <C>

Container purchases included in:
     Due to affiliates..............................             $   -         $   -             $ 13           $ 16
     Container purchases payable....................               243             -                -              -

Distributions to partners included in:
     Due to affiliates..............................                 9             9               10             10
     Deferred quarterly distributions...............               125           127              169            175

Proceeds from sale of containers included in:
     Due from affiliates............................               338           270              491            792

The following table summarizes the amounts of container purchases, distributions
to partners and proceeds from sale of containers recorded by the Partnership and
the amounts  paid or received as shown in the  Statements  of Cash Flows for the
six-month periods ended June 30, 2000 and 1999.


                                                                                                 2000           1999
                                                                                                -----          -----

Container purchases recorded......................................................             $  243         $1,485
Container purchases paid..........................................................                  -          1,488

Distributions to partners declared................................................              4,806          6,179
Distributions to partners paid....................................................              4,808          6,185

Proceeds from sale of containers recorded.........................................                814          1,744
Proceeds from sale of containers received.........................................                746          2,045

The  Partnership  has  entered  into direct  finance  leases,  resulting  in the
transfer of containers from container rental  equipment to accounts  receivable.
The carrying values of containers  transferred  during the six months ended June
30, 2000 and 1999 were $148 and $19, respectively.

See accompanying notes to financial statements
</TABLE>

<PAGE>



TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
(a California Limited Partnership)

Notes To Financial Statements

For the three and six months ended June 30, 2000 and 1999
(Amounts in thousands except for unit and per unit amounts)
(unaudited)
--------------------------------------------------------------------------------

Note 1.   General

      Textainer  Equipment Income Fund IV, L.P. (the Partnership),  a California
      limited  partnership  with a maximum life of 20 years, was formed in 1991.
      The Partnership owns a fleet of intermodal marine cargo containers,  which
      are leased to international shipping lines.

      The accompanying  interim comparative  financial  statements have not been
      audited by an independent  public  accountant.  However,  all  adjustments
      (which  were only  normal and  recurring  adjustments)  which are,  in the
      opinion of management,  necessary to fairly present the financial position
      of the  Partnership  as of June 30,  2000 and  December  31,  1999 and the
      results of its operations, changes in partners' capital and cash flows for
      the six-month periods ended June 30, 2000 and 1999, have been made.

      The financial  information  presented herein should be read in conjunction
      with  the  audited  financial  statements  and  other  accompanying  notes
      included in the Partnership's  annual audited  financial  statements as of
      December 31, 1999, in the Annual Report filed on Form 10-K.

      Certain   estimates  and  assumptions  were  made  by  the   Partnership's
      management that affect the reported  amounts of assets and liabilities and
      disclosures  of  contingent  assets  and  liabilities  at the  date of the
      financial  statements  and the  reported  amounts of revenue and  expenses
      during the  reporting  period.  Actual  results  could  differ  from those
      estimates.

Note 2.   Transactions with Affiliates

      Textainer  Financial  Services  Corporation  (TFS) is the managing general
      partner of the Partnership.  TFS is a wholly-owned subsidiary of Textainer
      Capital Corporation (TCC).  Textainer  Equipment  Management Limited (TEM)
      and  Textainer   Limited  (TL)  are  associate  general  partners  of  the
      Partnership.  The  managing  general  partner  and the  associate  general
      partners  are  collectively  referred to as the General  Partners  and are
      commonly  owned by Textainer  Group Holdings  Limited  (TGH).  The General
      Partners  also act in this capacity for other  limited  partnerships.  The
      General Partners manage and control the affairs of the Partnership.

      In accordance with the Partnership Agreement,  sections 3.08 through 3.12,
      net earnings or losses and distributions are generally allocated 1% to the
      General  Partners and 99% to the Limited  Partners.  If the  allocation of
      distributions exceeds the allocation of net earnings and creates a deficit
      in a General Partner's capital account, the Partnership Agreement provides
      for a  special  allocation  of gross  income  equal to the  amount  of the
      deficit to be made to the General Partners.

      As part of the operation of the Partnership,  the Partnership is to pay to
      the General Partners an acquisition  fee, an equipment  management fee, an
      incentive management fee, and an equipment liquidation fee. These fees are
      for various services  provided in connection with the  administration  and
      management of the Partnership.  The Partnership capitalized $12 and $71 of
      container  acquisition  fees as a component of container  costs during the
      six-month  periods  ended  June  30,  2000  and  1999,  respectively.  The
      Partnership incurred $100 and $200 of incentive management fees during the
      three and six-month  periods ended June 30, 2000,  respectively,  and $129
      and $258,  respectively,  for the comparable periods in 1999. No equipment
      liquidation fees were incurred during these periods.

      The  Partnership's  container  fleet  is  managed  by TEM.  In its role as
      manager,  TEM has  authority to acquire,  hold,  manage,  lease,  sell and
      dispose of the  Partnership's  containers.  TEM holds,  for the payment of
      direct operating expenses,  a reserve of cash that has been collected from
      leasing operations;  such cash is included in due from affiliates,  net at
      June 30, 2000 and December 31, 1999.

      Subject to certain reductions, TEM receives a monthly equipment management
      fee equal to 7% of gross revenues  attributable to operating leases and 2%
      of gross  revenues  attributable  to full  payout net  leases.  These fees
      totaled $308 and $619 for the three and  six-month  periods ended June 30,
      2000, respectively,  and $283 and $585,  respectively,  for the comparable
      periods in 1999.  The  Partnership's  container  fleet is leased by TEM to
      third party lessees on operating master leases,  spot leases,  term leases
      and direct finance  leases.  The majority of the container fleet is leased
      under operating master leases with limited terms and no purchase option.

      Certain  indirect  general  and  administrative  costs  such as  salaries,
      employee  benefits,   taxes  and  insurance  are  incurred  in  performing
      administrative  services  necessary to the  operation of the  Partnership.
      These  costs  are  incurred   and  paid  by  TFS  and  TEM.   General  and
      administrative  costs  allocated to the  Partnership  during the three and
      six-month periods ended June 30, 2000 and 1999 were as follows:


                                             Three months           Six months
                                            ended June 30,        ended June 30,
                                            --------------        --------------

                                            2000      1999         2000     1999
                                            ----      ----         ----     ----
      Salaries                              $113      $132         $230     $289
      Other                                  107       114          207      253
                                             ---       ---          ---      ---
       Total general and
          administrative costs              $220      $246         $437     $542
                                             ===       ===          ===      ===

      TEM allocates these general and administrative costs based on the ratio of
      the  Partnership's  interest  in  the  managed  containers  to  the  total
      container  fleet  managed by TEM during the period.  TFS  allocates  these
      costs  based on the  ratio of the  Partnership's  containers  to the total
      container  fleet of all limited  partnerships  managed by TFS. The General
      Partners allocated the following general and  administrative  costs to the
      Partnership during the three and six-month periods ended June 30, 2000 and
      1999:

                                             Three months           Six months
                                            ended June 30,        ended June 30,
                                            --------------        --------------
                                            2000      1999         2000     1999
                                            ----      ----         ----     ----

      TEM                                   $188      $220         $375     $485
      TFS                                     32        26           62       57
                                             ---       ---          ---      ---
       Total general and
          administrative costs              $220      $246         $437     $542
                                             ===       ===          ===      ===

      The General  Partners  may acquire  containers  in their own name and hold
      title on a temporary basis for the purpose of facilitating the acquisition
      of such containers for the Partnership.  The containers may then be resold
      to the  Partnership  on an  all-cash  basis at a price equal to the actual
      cost, as defined in the Partnership  Agreement.  In addition,  the General
      Partners are entitled to an acquisition  fee for any containers  resold to
      the Partnership.

      At June 30, 2000 and  December  31,  1999,  due from  affiliates,  net was
      comprised of:

                                                          2000             1999
                                                          ----             ----
      Due from affiliates:
                Due from TEM.......................       $497             $784
                                                           ---              ---

      Due to affiliates:
                Due to TFS.........................         43               38
                Due to TCC.........................         50               15
                Due to TL..........................          1                1
                                                           ---              ---
                                                            94               54
                                                           ---              ---

      Due from affiliates, net                            $403             $730
                                                           ===              ===

      These amounts  receivable  from and payable to affiliates were incurred in
      the ordinary course of business between the Partnership and its affiliates
      and represent timing differences in the accrual and remittance of expenses
      and fees  described  above and in the accrual and remittance of net rental
      revenues and sales proceeds from TEM.

Note 3.   Rentals Under Long-Term Operating Leases

      The following are the future rent receivables  under cancelable  long-term
      operating  leases at June 30,  2000.  Although  the leases  are  generally
      cancelable  with a penalty  at the end of each  twelve-month  period,  the
      following schedule assumes that the leases will not be terminated.

      Year ending June 30:

      2001.............................................                    $564
      2002.............................................                     224
      2003.............................................                      75
      2004.............................................                      15
      2005.............................................                       3
                                                                            ---
      Total future rentals receivable..................                    $881
                                                                            ===
Note 4.   Container Rental Equipment Write-Down

      New container  prices steadily  declined from 1995 through 1999.  Although
      container  prices began  increasing in 2000, the cost of new containers at
      year-end  1998,  during 1999 and the first half of 2000 was  significantly
      less than the average cost of  containers  purchased  in prior years.  The
      Partnership  evaluated  the  recoverability  of  the  recorded  amount  of
      container  rental equipment at June 30, 2000 and 1999 for containers to be
      held for  continued  use and  determined  that a reduction to the carrying
      value of these containers was not required. The Partnership also evaluated
      the  recoverability  of the recorded  amount of containers  identified for
      sale in the ordinary course of business and determined that a reduction to
      the carrying value of these containers was required. The Partnership wrote
      down the value of these  containers to their  estimated fair value,  which
      was based on recent sales prices less cost to sell.

      During the six-month period ended June 30, 2000, the Partnership  recorded
      a write-down of $149 on 200  containers  identified  for sale and sold 165
      previously  written down containers for a loss of $8. During the six-month
      period ended June 30, 1999, the Partnership  recorded a write-down of $311
      on 426 containers identified for sale and sold 312 previously written-down
      containers for a loss of $68. The Partnership  incurred losses on the sale
      of some  containers  previously  written-down  as the actual  sales prices
      received on these  containers  were lower than the estimates  used for the
      write-downs,  primarily  due to  unexpected  declines in  container  sales
      prices.   The   Partnership   also  sold  containers  that  had  not  been
      written-down  and recorded a gain of $46 and a loss of $423 during the six
      months ended June 30, 2000 and 1999, respectively.

      If more  containers are  subsequently  identified for sale or if container
      sales prices decline, the Partnership may incur additional  write-downs on
      containers  and/or  may  incur  losses  on the  sale  of  containers.  The
      Partnership  cautions  that a  write-down  of container  rental  equipment
      and/or an  increase  in its  depreciation  rate may be  required in future
      periods for some or all of its container rental equipment.

Note 5.   Redemptions

      The following  redemptions were consummated by the Partnership  during the
      six-month period ended June 30, 1999:
<TABLE>
<CAPTION>

                                                            Units                Average
                                                           Redeemed          Redemption Price            Amount Paid
                                                           --------          -----------------           -----------
<S>                                                         <C>                <C>                           <C>

     Total  Partnership  redemptions as of December
       31, 1998...............................              48,825                 $12.27                     $598

     Quarter ended:
           March 31, 1999.....................               3,288                 $10.34                       34
                                                            ------                                             ---

     Partnership through June 30, 1999........              52,113                 $12.13                     $632
                                                            ======                                             ===


      There were no redemptions during the six-month period ended June 30, 2000.
      The redemption price is fixed by formula.
</TABLE>


<PAGE>


ITEM 2 - MANAGEMENT'S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS
         OF OPERATIONS

(Amounts in thousands except for unit and per unit amounts)
--------------------------------------------------------------------------------

The Financial  Statements contain  information,  which will assist in evaluating
the financial condition of the Partnership as of and for the three and six-month
periods ended June 30, 2000 and 1999.  Please refer to the Financial  Statements
and Notes thereto in connection with the following discussion.

Liquidity and Capital Resources

From  May 1,  1992  until  April  30,  1994,  the  Partnership  offered  limited
partnership  interests  to the  public.  The  Partnership  received  its minimum
subscription  amount  of  $5,000  on June 11,  1992 and on  April  30,  1994 the
Partnership had received a total subscription amount of $136,918.

From time to time,  the  Partnership  redeems units from limited  partners for a
specified  redemption  value,  which  is  set  by  formula.  Up  to  2%  of  the
Partnership's outstanding units may be redeemed each year, although the 2% limit
may be exceeded at the Managing General  Partner's  discretion.  All redemptions
are subject to the Managing  General  Partner's  good faith  determination  that
payment for the redeemed units will not (i) cause the Partnership to be taxed as
a  corporation,  (ii) impair the capital or  operations of the  Partnership,  or
(iii) impair the ability of the Partnership to pay  distributions  in accordance
with its  distribution  policy.  The Partnership did not redeem any units during
the six-month period ended June 30, 2000.

The Partnership invests working capital,  cash flow from operations prior to its
distribution  to the partners and proceeds  from  container  sales that have not
been  used  to  purchase  containers  in  short-term,  liquid  investments.  The
Partnership's  cash is  affected  by  cash  provided  by or  used in  operating,
investing and financing  activities. These activities  are discussed  in  detail
below.

Limited partners are currently receiving monthly  distributions in an annualized
amount equal to 7% of their  original  investment.  During the six-month  period
ended June 30, 2000,  the  Partnership  declared cash  distributions  to limited
partners  pertaining  to the period from  December 1999 through May 2000, in the
amount of $4,756. On a cash basis, all of these  distributions were from current
year operating activities.  On a GAAP basis, $3,112 of these distributions was a
return of capital and the balance was from net earnings.

At June 30, 2000, the Partnership had no commitments to purchase containers.

Net cash provided by operating  activities for the six-month  periods ended June
30, 2000 and 1999 was $5,735 and $4,971, respectively.  The increase of $764, or
15%, was  primarily  attributable  to an increase in net  earnings  adjusted for
non-cash  transactions,  offset  by  fluctuations  in  accounts  receivable  and
accounts payable and accrued  liabilities.  Net earnings,  adjusted for non-cash
transactions,  increased  primarily  due to the  decrease  in  direct  container
expenses and the increase in rental income. These items are discussed more fully
in "Results of Operations".  The decrease in accounts receivable of $502 for the
six-month  period ended June 30, 1999 was primarily due to the decline in rental
income.  The decrease in accounts  receivable of $181 for the  six-month  period
ended June 30, 2000 was primarily due to the decrease in the average  collection
period of accounts receivable.  The fluctuations in accounts payable and accrued
liabilities  resulted  from timing  differences  in the payment of expenses  and
fees, as well as in fluctuations in these amounts.

For the  six-month  period ended June 30, 2000,  net cash  provided by investing
activities  (the purchase and sale of containers)  was $746 compared to $557 for
the same  period  in  1999.  The  increase  in net cash  provided  by  investing
activities of $189 was due to the decrease in container  purchases offset by the
decrease in container  sales.  The General Partners believe that the fluctuation
in  container   purchases  reflects  normal  fluctuations  in  recent  container
purchases.  The decrease in proceeds from  container  sales was primarily due to
the Partnership  selling fewer  containers.  The  Partnership  continued to sell
containers  in  low  demand   locations   (described  below  under  "Results  of
Operations"); however there were fewer low demand locations and fewer containers
in these  locations,  primarily  as a result of previous  sales  efforts,  which
resulted  in the  decline in the number of  containers  sold.  The sales  prices
received on container sales was comparable for both periods, however these sales
prices are lower than sales  prices  received in  previous  years as a result of
current  market  conditions,  which have  adversely  affected  the value of used
containers.  Until  conditions  improve  in  these  low  demand  locations,  the
Partnership plans to continue to sell some of its containers in these locations.
The Partnership  sells  containers  when (i) a container  reaches the end of its
useful life or (ii) an analysis  indicates  that the sale is warranted  based on
existing  market  conditions and the  container's  age,  location and condition.
Proceeds from container  sales will fluctuate  based on the number of containers
sold and the actual price  received on the sale.  Sales proceeds will affect the
rate of reinvestment in containers.

The rate of reinvestment is also affected by cash from operations  available for
reinvestment.  Subject to the General Partners' discretion, cash from operations
available  for  reinvestment  is generally  equal to cash  provided by operating
activities  less   distributions   and  redemptions   paid.   Distributions  and
redemptions  are  determined  by the  General  Partners in  accordance  with the
Partnership Agreement.  Consistent with its investment objectives and subject to
its distribution  policy,  the Partnership  intends to continue to reinvest cash
from operations  available for reinvestment  and all or a significant  amount of
the proceeds from container sales in additional  containers.  Although there has
been some recent  improvement  in market  conditions,  overall  existing  market
conditions  have had and may continue to have an adverse effect on the amount of
cash  provided by  operations  that is available  for the purchase of additional
containers.  Additionally, these market conditions have had an adverse effect on
the average sales price recently realized from container sales. Furthermore,  to
the extent new containers are purchased with sales proceeds, they are not likely
to equal the number of containers sold, as new container prices are likely to be
greater than the average  sales price of  containers  sold.  These  factors have
contributed to a lower than anticipated rate of reinvestment.  Market conditions
are  discussed  more fully  under  "Results  of  Operations".  A slower  rate of
reinvestment  will, over time,  affect the size of the  Partnership's  container
fleet.

Results of Operations

The  Partnership's  income from operations,  which consists  primarily of rental
income, container depreciation,  direct container expenses, management fees, and
reimbursement of administrative expenses was directly related to the size of the
container  fleet during the  six-month  periods ended June 30, 2000 and 1999, as
well as certain other factors as discussed  below. The following is a summary of
the container fleet (in units) available for lease during those periods:

                                                           2000             1999
                                                         ------           ------

          Beginning container fleet...............       32,876           34,661
          Ending container fleet..................       32,451           34,101
          Average container fleet.................       32,664           34,381

The decline in the average container fleet of 5% from the six-month period ended
June 30, 1999 to the comparable period in 2000 was due to the Partnership having
sold more containers than it purchased since June 30, 1999. Although some of the
sales proceeds were used to purchase  additional  containers,  fewer  containers
were bought than sold,  resulting in a net decrease in the size of the container
fleet. As noted above,  when  containers are sold in the future,  sales proceeds
are not likely to be  sufficient  to replace all of the  containers  sold.  This
trend,  which is  expected  to  continue,  has  contributed  to a slower rate of
reinvestment  than had been  expected by the  General  Partners.  Other  factors
related to this trend are discussed above in "Liquidity and Capital Resources".

Rental income and direct container expenses are also affected by the utilization
of the container  fleet,  which was 77% and 69% on average during the six months
ended  June 30,  2000 and 1999,  respectively.  In  addition,  rental  income is
affected by daily rental rates,  which have  decreased  between the periods,  as
described below.

The  following is a comparative  analysis of the results of  operations  for the
six-month periods ended June 30, 2000 and 1999.

The Partnership's income (loss) from operations for the six-month periods ending
June 30, 2000 and 1999 was $1,551 and ($336), respectively,  on rental income of
$8,826 and $8,372,  respectively.  The increase in rental income of $454, or 5%,
from the six-month  period ended June 30, 1999 to the comparable  period in 2000
was  attributable  to  increases  in  container  rental  income and other rental
income.  Income from container  rentals,  the major  component of total revenue,
increased  $303, or 4%, due to the increase in average  on-hire  utilization  of
12%,  offset by the  decreases  in average  container  fleet of 5%, and  average
rental rates of 4%.

The  improvement in  utilization  was due to  improvements  in demand for leased
containers and in the trade balance, primarily as a result of the improvement in
certain Asian  economies and a related  increase in exports out of Europe.  This
improvement  in demand,  coupled with container  lessors'  efforts to sell older
containers in low demand locations, has also reduced the container surplus.

However, the trade imbalance between Asia and North America still exists, and as
a consequence,  the build-up of  containers,  primarily on the East Coast of the
United States,  persists.  The Partnership has been unable to reposition a large
number of newer  containers to higher demand  locations in Asia,  due to lack of
available vessel capacity from the United States East Coast ports.

As a result,  the Partnership  continues to sell some containers  located in low
demand  locations.  The  decision  to sell  containers  is based on the  current
expectation  that the economic  benefit of selling  these  containers is greater
than the estimated  economic benefit of continuing to own these containers.  The
majority of the containers sold during 1999 and 2000 were older containers.  The
expected  economic  benefit of  continuing  to own these  older  containers  was
significantly less than that of newer containers  primarily due to their shorter
remaining marine life, the cost to reposition containers and the shipping lines'
preference for leasing newer containers when they are available.

Once the decision had been made to sell  containers,  if the book value of these
containers was greater than the estimated fair value, the Partnership wrote down
the value of these  specifically  identified  containers to their estimated fair
value, which was based on recent sales prices. Due to unanticipated  declines in
container  sales prices  during 1999,  the actual sales prices  received on some
containers were lower than the estimates used for the  write-down,  resulting in
the  Partnership  incurring  losses  upon the sale of some of these  containers.
Until the trade balance between Asia and North America improves, the Partnership
may incur  further  write-downs  and/or  losses on the sale of such  containers.
Should the decline in economic value of continuing to own such  containers  turn
out  to  be  permanent,   the  Partnership  may  be  required  to  increase  its
depreciation rate or write-down the value on some or all of its container rental
equipment.

The decline in the purchase price of new  containers  and the container  surplus
mentioned  above have  resulted in the decline in rental rates in recent  years.
However,  as a result of the improvement in demand and increases in the purchase
price of new containers,  rental rates have stabilized  during the first half of
2000.

The General  Partners are  cautiously  optimistic  that rental rates will remain
stable and the current level of utilization  will be maintained  during 2000 and
may improve if demand for leased  containers  and the trade balance  continue to
improve. However, the General Partners caution that utilization, lease rates and
container sale prices could also decline,  adversely affecting the Partnership's
operating results.

The  balance of other  rental  income  consists  of other  lease-related  items,
primarily  income from charges to lessees for dropping off containers in surplus
locations less credits  granted to lessees for leasing  containers  from surplus
locations  (location  income),  income from  charges to lessees for handling and
returning  containers (handling income) and income from charges to lessees for a
Damage  Protection Plan (DPP). For the six-month period ended June 30, 2000, the
total of these other rental  income items was $977, an increase of $151 from the
equivalent  period in 1999.  The  increase  was  primarily  due to  increases in
location and DPP income of $72 and $56, respectively.  Location income increased
primarily  due to the  decrease  in credits  granted to lessees  for  picking up
containers  from certain  locations,  offset by a decrease in charges to lessees
for dropping off containers in certain locations. DPP income increased primarily
due to an increase in the number of containers covered by DPP.

Direct  container  expenses  decreased  $656, or 21% from the  six-month  period
ending  June 30,  1999,  to the  equivalent  period in 2000.  The  decrease  was
primarily  due to  decreases  in storage  and DPP  expenses  of $415,  and $139,
respectively.   Storage  expense  decreased  due  to  the  increase  in  average
utilization  noted above and lower  average  storage  costs per  container.  DPP
expense  decreased  primarily  due to a  decrease  in the  average  DPP cost per
container.

Bad debt  expense  decreased  from an expense of $243 for the  six-month  period
ended June 30, 1999, to a benefit of $81 for the comparable  period in 2000. The
benefit  recorded for the six-month period ended June 30, 2000 was primarily due
to an overall lower required reserve at June 30, 2000 than at December 31, 1999.

Depreciation expense decreased $183, or 5%, from the six-month period ended June
30, 1999, to the comparable period in 2000 due to the decrease in fleet size.

New  container  prices  steadily  declined  from  1995  through  1999.  Although
container  prices  began  increasing  in  2000,  the cost of new  containers  at
year-end  1998,  during 1999 and the first half of 2000 was  significantly  less
than the average cost of containers  purchased in prior years.  The  Partnership
evaluated  the  recoverability  of  the  recorded  amount  of  container  rental
equipment at June 30, 2000 and 1999 for  containers to be held for continued use
and determined  that a reduction to the carrying  value of these  containers was
not required.  The Partnership also evaluated the recoverability of the recorded
amount of containers  identified for sale in the ordinary course of business and
determined  that a  reduction  to the  carrying  value of these  containers  was
required.  The  Partnership  wrote down the value of these  containers  to their
estimated fair value, which was based on recent sales prices less cost to sell.

During the  six-month  period ended June 30, 2000,  the  Partnership  recorded a
write-down of $149 on 200 containers identified for sale and sold 165 previously
written down containers for a loss of $8. During the six-month period ended June
30,  1999,  the  Partnership  recorded a  write-down  of $311 on 426  containers
identified for sale and sold 312 previously  written-down  containers for a loss
of  $68.  The  Partnership  incurred  losses  on the  sale  of  some  containers
previously  written-down as the actual sales prices received on these containers
were  lower  than the  estimates  used  for the  write-downs,  primarily  due to
unexpected  declines  in  container  sales  prices.  The  Partnership  also sold
containers that had not been  written-down and recorded a gain of $46 and a loss
of $423 during the six months ended June 30, 2000 and 1999, respectively.

If more  containers are  subsequently  identified for sale or if container sales
prices decline,  the Partnership may incur additional  write-downs on containers
and /or may incur losses on the sale of containers.

Management  fees to affiliates  decreased $24, or 3%, from the six-month  period
ended June 30, 1999 to the  comparable  period in 2000,  due to the  decrease in
incentive  management fees, offset by the increase in equipment management fees.
Incentive  management  fees,  which are based on the  Partnership's  limited and
general partner distributions and initial partners' capital decreased due to the
decreases  in the  limited  partner  distribution  percentage  from  9% to 8% of
partners' capital in July 1999 and from 8% to 7% of partners' capital in October
1999.  Equipment  management  fees,  which are based primarily on gross revenue,
increased  due to the  increase in rental  income and were  approximately  7% of
rental income for both periods.

General and administrative  costs to affiliates decreased $105, or 19%, from the
six-month period ended June 30, 1999 to the comparable period in 2000, primarily
due to a  decrease  in  the  allocation  of  overhead  costs  from  TEM,  as the
Partnership represented a smaller portion of the total fleet managed by TEM.

Other income  increased  from an expense of $417 for the six-month  period ended
June 30, 1999 to income of $143 for the comparable  period in 2000. The increase
was  primarily  due to the change in loss on sale of  containers  from a loss of
$491 to a gain of $38.

Net earnings per limited partnership unit increased from a loss of $0.12 for the
six months ended June 30, 1999 to earnings of $0.24 for the same period in 2000,
reflecting  the increase in net earnings  allocated to limited  partners  from a
loss of $817 to earnings of $1,644, respectively. The allocation of net earnings
(loss) included a special  allocation of gross income to the General Partners in
accordance with the Partnership Agreement.


The  following is a comparative  analysis of the results of  operations  for the
three-month periods ended June 30, 2000 and 1999.

The  Partnership's  income (loss) from  operations for the  three-month  periods
ending  June 30,  2000 and 1999 was $845 and  ($417),  respectively,  on  rental
income of $4,395 and $4,060,  respectively.  The  increase  in rental  income of
$335, or 8%, from the  three-month  period ended June 30, 1999 to the comparable
period in 2000 was  attributable  to increases in  container  rental  income and
other rental  income.  Income from  container  rentals  increased  $259,  or 7%,
primarily due to the increase in average  on-hire  utilization of 13%, offset by
the decreases in average container fleet of 5% and average rental rates of 4%.

Other rental income was $435 for the three-month  period ended June 30, 2000, an
increase of $76 from the  equivalent  period in 1999. The increase was primarily
due to an  increase  in  location  income  of $61,  which  increased  due to the
decrease in credits  granted to lessees for picking up  containers  from certain
locations,  offset  by a  decrease  in  charges  to  lessees  for  dropping  off
containers in certain locations.

Direct  container  expenses  decreased $688, or 37% from the three-month  period
ending  June 30,  1999,  to the  equivalent  period in 2000.  The  decrease  was
primarily due to decreases in storage,  repositioning  and DPP expenses of $226,
$203 and $142,  respectively.  Storage expense  decreased due to the increase in
average  utilization  noted above and lower average storage costs per container.
Repositioning  expense decreased  primarily due to the decrease in the number of
containers  repositioned,   offset  by  an  increase  in  the  average  cost  of
repositioning  containers  due to the high  demand for limited  vessel  capacity
noted above.  DPP expense  decreased  primarily due to a decrease in the average
DPP cost per container.

Bad debt expense  decreased  from an expense of $54 for the  three-month  period
ended June 30, 1999, to a benefit of $118 for the comparable period in 2000. The
benefit  recorded for the  three-month  period ended June 30, 2000 was primarily
due to an overall  lower  required  reserve  at June 30,  2000 than at March 31,
2000.

Depreciation  expense  decreased $93, or 5%, from the  three-month  period ended
June 30,  1999,  to the  comparable  period in 2000 due to the decrease in fleet
size.

During the  three-month  periods ended June 30, 2000 and 1999,  the  Partnership
recorded write-downs of $102 and $62,  respectively on containers identified for
sale.  The  decrease  in  the  write-down  of $40  was  primarily  due to  fewer
containers identified as for sale and requiring a reserve.

Management  fees  to  affiliates  were  comparable  at  $408  and  $412  for the
three-month periods ended June 30, 2000 and 1999, respectively,  as the decrease
in incentive  management fees was offset by the increase in equipment management
fees.  Incentive  management  fees decreased due to the decreases in the limited
partner distribution  percentage from 9% to 8% of partners' capital in July 1999
and from 8% to 7% of partners'  capital in October  1999.  Equipment  management
fees increased due to the increase in rental income and were approximately 7% of
rental income for both periods.

General and administrative  costs to affiliates  decreased $26, or 11%, from the
three-month  period  ended  June  30,  1999 to the  comparable  period  in 2000,
primarily due to a decrease in the allocation of overhead costs from TEM, as the
Partnership represented a smaller portion of the total fleet managed by TEM.

Other income  increased $476 from the three-month  period ended June 30, 1999 to
the  comparable  period in 2000. The increase was primarily due to the change in
loss on sale of containers from a loss of $412 to a gain of $41.

Net earnings per limited partnership unit increased from a loss of $0.12 for the
three-month  period ended June 30, 1999 to earnings of $0.14 for the same period
in 2000,  reflecting the increase in net earnings  allocated to limited partners
from a loss of $824 to earnings of $921,  respectively.  The  allocation  of net
earnings  (loss)  included a special  allocation  of gross income to the General
Partners in accordance with the Partnership Agreement.

Although  substantially  all of the  Partnership's  income  from  operations  is
derived from assets employed in foreign operations, virtually all of this income
is  denominated  in United  States  dollars.  The  Partnership's  customers  are
international  shipping  lines,  which transport  goods on  international  trade
routes.  The  domicile  of the lessee is not  indicative  of where the lessee is
transporting  the  containers.  The  Partnership's  business risk in its foreign
operations lies with the  creditworthiness of the lessees, and the Partnership's
ability to keep its containers under lease,  rather than the geographic location
of the  containers or the domicile of the lessees.  The containers are generally
operated on the international high seas rather than on domestic  waterways.  The
containers are subject to the risk of war or other political, economic or social
occurrence  where  the  containers  are used,  which  may  result in the loss of
containers,  which,  in turn,  may have a material  impact on the  Partnership's
results of operations  and  financial  condition.  The General  Partners are not
aware of any  conditions as of June 30, 2000,  which would result in such a risk
materializing.

Other risks of the Partnership's  leasing  operations include  competition,  the
cost of  repositioning  containers  after  they come  off-lease,  the risk of an
uninsured  loss,  increases in maintenance  expenses or other costs of operating
the  containers,  and the effect of world trade,  industry trends and/or general
business and economic cycles on the Partnership's operations. See "Risk Factors"
in the Partnership's Prospectus, as supplemented,  for additional information on
risks of the Partnership's business.

Forward Looking Statements

The foregoing includes forward-looking statements and predictions about possible
or  future  events,  results  of  operations  and  financial  condition.   These
statements  and  predictions  may  prove  to  be  inaccurate,   because  of  the
assumptions  made by the  Partnership  or the  General  Partners  or the  actual
development  of  future  events.  No  assurance  can be given  that any of these
forward-looking statements or predictions will ultimately prove to be correct or
even substantially correct. The risks and uncertainties in these forward-looking
statements  include,  but are not  limited  to,  changes  in demand  for  leased
containers,  changes in global  business  conditions  and their  effect on world
trade,  future  modifications  in the way in  which  the  Partnership's  lessees
conduct their business or of the  profitability of their business,  increases or
decreases in new container  prices or the  availability  of financing  therefor,
alterations in the costs of maintaining and repairing used containers, increases
in competition,  changes in the Partnership's  ability to maintain insurance for
its  containers  and its  operations,  the effects of  political  conditions  on
worldwide  shipping and demand for global trade or of other general business and
economic cycles on the  Partnership,  as well as other risks detailed herein and
from time to time in the Partnership's  filings with the Securities and Exchange
Commission.  The  Partnership  does  not  undertake  any  obligation  to  update
forward-looking statements.

<PAGE>


                               SIGNATURES


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


                               TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
                               A California Limited Partnership

                               By Textainer Financial Services Corporation
                               The Managing General Partner



                               By _______________________________
                                  Ernest J. Furtado
                                  Senior Vice President


Date: August 11, 2000

Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of Textainer  Financial
Services  Corporation,  the Managing  General Partner of the Registrant,  in the
capacities and on the dates indicated:
<TABLE>
<CAPTION>


Signature                                Title                                          Date

<S>                                     <C>                                                <C>

________________________                 Senior Vice President,                         August 11, 2000
Ernest J. Furtado                        (Principal Financial and
                                         Accounting Officer) and
                                         Secretary




________________________                 President (Principal Executive                 August 11, 2000
John A. Maccarone                        Officer)

</TABLE>

<PAGE>


                                                    SIGNATURES


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


                                    TEXTAINER EQUIPMENT INCOME FUND IV, L.P.
                                    A California Limited Partnership

                                    By Textainer Financial Services Corporation
                                    The Managing General Partner



                                    By /s/Ernest J. Furtado
                                       ___________________________
                                       Ernest J. Furtado
                                       Senior  Vice President


Date: August 11, 2000


Pursuant to the requirements of the Securities Exchange Act of 1934, this report
has been signed below by the following persons on behalf of Textainer  Financial
Services  Corporation,  the Managing  General Partner of the Registrant,  in the
capacities and on the dates indicated:

<TABLE>
<CAPTION>

Signature                                   Title                                             Date

<S>                                          <C>                                              <C>



/s/Ernest J. Furtado                                                                    August 11, 2000
____________________________             Senior Vice President,
Ernest J. Furtado                        (Principal Financial and
                                         Accounting Officer) and
                                         Secretary



/s/John A. Maccarone                     President (Principal Executive                 August 11, 2000
____________________________             Officer)
John A. Maccarone

</TABLE>