Physical Phenomena at High Magnetic Fields IV (PPHMF-IV) was the fourth in the series of conferences sponsored by the National High Magnetic Field Laboratory (NHMFL). The success of PPHMF-I, II and III, held in 1991, 1995 and 1998 respectively, encouraged the organizers to once again bring together experts in scientific research areas where high magnetic fields play an important role, to critically assess the current status of research in these areas, and to discuss promising new directions in science, as well as applications which are in the forefront of these fields.