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<PAGE> PAGE 2
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<PAGE> PAGE 3
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<PAGE> PAGE 4
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<PAGE> PAGE 5
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<PAGE> PAGE 6
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<PAGE> PAGE 7
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<PAGE> PAGE 8
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<PAGE> PAGE 9
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<PAGE> PAGE 10
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<PAGE> PAGE 11
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<PAGE> PAGE 12
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<PAGE> PAGE 13
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<PAGE> PAGE 14
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<PAGE> PAGE 15
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<PAGE> PAGE 16
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<PAGE> PAGE 17
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<PAGE> PAGE 19
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<PAGE> PAGE 20
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<PAGE> PAGE 21
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<PAGE> PAGE 22
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<PAGE> PAGE 23
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<PAGE> PAGE 24
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<PAGE> PAGE 25
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<PAGE> PAGE 26
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<PAGE> PAGE 27
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<PAGE> PAGE 28
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<PAGE> PAGE 29
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<PAGE> PAGE 30
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<PAGE> PAGE 31
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<PAGE> PAGE 32
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<PAGE> PAGE 33
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<PAGE> PAGE 34
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<PAGE> PAGE 35
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<PAGE> PAGE 36
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<PAGE> PAGE 37
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<PAGE> PAGE 38
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<PAGE> PAGE 39
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<PAGE> PAGE 40
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064 A001300 N
064 B001300 N
066 A001300 N
067 001300 N
068 A001300 N
068 B001300 Y
069 001300 N
<PAGE> PAGE 41
070 A011300 Y
070 A021300 Y
070 B011300 Y
070 B021300 N
070 C011300 Y
070 C021300 N
070 D011300 Y
070 D021300 N
070 E011300 Y
070 E021300 N
070 F011300 Y
070 F021300 N
070 G011300 Y
070 G021300 N
070 H011300 Y
070 H021300 N
070 I011300 N
070 I021300 N
070 J011300 Y
070 J021300 N
070 K011300 N
070 K021300 N
070 L011300 Y
070 L021300 Y
070 M011300 Y
070 M021300 Y
070 N011300 Y
070 N021300 N
070 O011300 Y
070 O021300 N
070 P011300 N
070 P021300 N
070 Q011300 N
070 Q021300 N
070 R011300 N
070 R021300 N
071 A001300 31914
071 B001300 34609
071 C001300 15804
071 D001300 202
072 A001300 12
072 B001300 1200
072 C001300 0
072 D001300 0
072 E001300 0
072 F001300 126
072 G001300 37
072 H001300 0
072 I001300 28
072 J001300 39
072 K001300 0
<PAGE> PAGE 42
072 L001300 0
072 M001300 2
072 N001300 12
072 O001300 0
072 P001300 0
072 Q001300 0
072 R001300 31
072 S001300 1
072 T001300 0
072 U001300 3
072 V001300 0
072 W001300 14
072 X001300 293
072 Y001300 5
072 Z001300 912
072AA001300 917
072BB001300 264
072CC011300 0
072CC021300 821
072DD011300 678
072DD021300 0
072EE001300 308
073 A011300 0.8700
073 A021300 0.0000
073 B001300 0.4100
073 C001300 0.0000
074 A001300 4
074 B001300 1430
074 C001300 1447
074 D001300 13600
074 E001300 0
074 F001300 0
074 G001300 0
074 H001300 0
074 I001300 0
074 J001300 0
074 K001300 0
074 L001300 435
074 M001300 222
074 N001300 17138
074 O001300 0
074 P001300 0
074 Q001300 0
074 R011300 0
074 R021300 0
074 R031300 0
074 R041300 286
074 S001300 0
074 T001300 16852
074 U011300 787
074 U021300 0
<PAGE> PAGE 43
074 V011300 21.40
074 V021300 0.00
074 W001300 0.0000
074 X001300 1469
074 Y001300 0
075 A001300 0
075 B001300 18303
076 001300 0.00
SIGNATURE DONALD RUMERY
TITLE TREASURER
[ARTICLE] 6
[SERIES]
[NUMBER] 2
[NAME] MANAGERS CAPITAL APPRECIATION FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 91493
[INVESTMENTS-AT-VALUE] 103011
[RECEIVABLES] 1739
[ASSETS-OTHER] 2626
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 107376
[PAYABLE-FOR-SECURITIES] 3297
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 2797
[TOTAL-LIABILITIES] 6094
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 89154
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 610
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 11518
[NET-ASSETS] 101282
[DIVIDEND-INCOME] 1017
[INTEREST-INCOME] 575
[OTHER-INCOME] 1
[EXPENSES-NET] 1269
[NET-INVESTMENT-INCOME] 324
[REALIZED-GAINS-CURRENT] 12474
[APPREC-INCREASE-CURRENT] (240)
[NET-CHANGE-FROM-OPS] 12558
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 330
[DISTRIBUTIONS-OF-GAINS] 14706
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 47105
[NUMBER-OF-SHARES-REDEEMED] 40612
[SHARES-REINVESTED] 13915
[NET-CHANGE-IN-ASSETS] 17930
[ACCUMULATED-NII-PRIOR] 43
[ACCUMULATED-GAINS-PRIOR] 2827
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 762
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 1318
[AVERAGE-NET-ASSETS] 95239
[PER-SHARE-NAV-BEGIN] 27.14
[PER-SHARE-NII] .09
[PER-SHARE-GAIN-APPREC] 3.66
[PER-SHARE-DIVIDEND] .10
[PER-SHARE-DISTRIBUTIONS] 4.45
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 26.34
[EXPENSE-RATIO] 1.33
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 3
[NAME] MANAGERS SPECIAL EQUITY FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 223330
[INVESTMENTS-AT-VALUE] 269564
[RECEIVABLES] 3588
[ASSETS-OTHER] 9291
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 282443
[PAYABLE-FOR-SECURITIES] 934
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 10076
[TOTAL-LIABILITIES] 11010
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 220575
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 4623
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 46235
[NET-ASSETS] 271433
[DIVIDEND-INCOME] 1357
[INTEREST-INCOME] 927
[OTHER-INCOME] 37
[EXPENSES-NET] 2494
[NET-INVESTMENT-INCOME] (173)
[REALIZED-GAINS-CURRENT] 16534
[APPREC-INCREASE-CURRENT] 21777
[NET-CHANGE-FROM-OPS] 38138
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 15418
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 200248
[NUMBER-OF-SHARES-REDEEMED] 81942
[SHARES-REINVESTED] 12046
[NET-CHANGE-IN-ASSETS] 153072
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 3681
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1572
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 2494
[AVERAGE-NET-ASSETS] 174681
[PER-SHARE-NAV-BEGIN] 43.34
[PER-SHARE-NII] 0
[PER-SHARE-GAIN-APPREC] 10.68
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 3.07
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 50.95
[EXPENSE-RATIO] 1.43
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 4
[NAME] MANAGERS INCOME EQUITY FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 41443
[INVESTMENTS-AT-VALUE] 51835
[RECEIVABLES] 1294
[ASSETS-OTHER] 209
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 53338
[PAYABLE-FOR-SECURITIES] 3
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 272
[TOTAL-LIABILITIES] 275
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 41715
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 62
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 894
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 10392
[NET-ASSETS] 53063
[DIVIDEND-INCOME] 1721
[INTEREST-INCOME] 175
[OTHER-INCOME] 3
[EXPENSES-NET] 671
[NET-INVESTMENT-INCOME] 1228
[REALIZED-GAINS-CURRENT] 3060
[APPREC-INCREASE-CURRENT] 3402
[NET-CHANGE-FROM-OPS] 7690
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1208
[DISTRIBUTIONS-OF-GAINS] 3147
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 34882
[NUMBER-OF-SHARES-REDEEMED] 26667
[SHARES-REINVESTED] 3706
[NET-CHANGE-IN-ASSETS] 15256
[ACCUMULATED-NII-PRIOR] 42
[ACCUMULATED-GAINS-PRIOR] 982
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 350
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 673
[AVERAGE-NET-ASSETS] 46643
[PER-SHARE-NAV-BEGIN] 28.43
[PER-SHARE-NII] .76
[PER-SHARE-GAIN-APPREC] 3.97
[PER-SHARE-DIVIDEND] .76
[PER-SHARE-DISTRIBUTIONS] 1.91
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 30.49
[EXPENSE-RATIO] 1.44
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 5
[NAME] MANAGERS INTERNATIONAL EQUITY FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 236751
[INVESTMENTS-AT-VALUE] 274336
[RECEIVABLES] 5152
[ASSETS-OTHER] 268
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 279756
[PAYABLE-FOR-SECURITIES] 8676
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1512
[TOTAL-LIABILITIES] 10188
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 232321
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 99
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 241
[ACCUM-APPREC-OR-DEPREC] 37587
[NET-ASSETS] 269568
[DIVIDEND-INCOME] 3957
[INTEREST-INCOME] 1185
[OTHER-INCOME] 0
[EXPENSES-NET] 3150
[NET-INVESTMENT-INCOME] 1992
[REALIZED-GAINS-CURRENT] 5649
[APPREC-INCREASE-CURRENT] 18280
[NET-CHANGE-FROM-OPS] 25921
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1972
[DISTRIBUTIONS-OF-GAINS] 6155
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 162993
[NUMBER-OF-SHARES-REDEEMED] 58163
[SHARES-REINVESTED] 6457
[NET-CHANGE-IN-ASSETS] 129081
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 171
[OVERDISTRIB-NII-PRIOR] 26
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 1856
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 3150
[AVERAGE-NET-ASSETS] 206244
[PER-SHARE-NAV-BEGIN] 39.97
[PER-SHARE-NII] .32
[PER-SHARE-GAIN-APPREC] 4.76
[PER-SHARE-DIVIDEND] .33
[PER-SHARE-DISTRIBUTIONS] 1.03
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 43.69
[EXPENSE-RATIO] 1.53
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 6
[NAME] MANAGERS BOND FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 30541
[INVESTMENTS-AT-VALUE] 31207
[RECEIVABLES] 902
[ASSETS-OTHER] 1188
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 33297
[PAYABLE-FOR-SECURITIES] 241
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 1237
[TOTAL-LIABILITIES] 1478
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 31669
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 26
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 0
[OVERDISTRIBUTION-GAINS] 542
[ACCUM-APPREC-OR-DEPREC] 666
[NET-ASSETS] 31819
[DIVIDEND-INCOME] 153
[INTEREST-INCOME] 2007
[OTHER-INCOME] 0
[EXPENSES-NET] 392
[NET-INVESTMENT-INCOME] 1768
[REALIZED-GAINS-CURRENT] 487
[APPREC-INCREASE-CURRENT] (733)
[NET-CHANGE-FROM-OPS] 1522
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1776
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 17351
[NUMBER-OF-SHARES-REDEEMED] 13105
[SHARES-REINVESTED] 1450
[NET-CHANGE-IN-ASSETS] 5442
[ACCUMULATED-NII-PRIOR] 32
[ACCUMULATED-GAINS-PRIOR] (1026)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 180
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 392
[AVERAGE-NET-ASSETS] 28832
[PER-SHARE-NAV-BEGIN] 23.13
[PER-SHARE-NII] 1.35
[PER-SHARE-GAIN-APPREC] (0.29)
[PER-SHARE-DIVIDEND] 1.36
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 22.83
[EXPENSE-RATIO] 1.36
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 8
[NAME] MANAGERS SHORT GOVERNMENT FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 5993
[INVESTMENTS-AT-VALUE] 5960
[RECEIVABLES] 113
[ASSETS-OTHER] 67
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 6140
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 27
[TOTAL-LIABILITIES] 6113
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 19538
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 3
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] (13392)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (36)
[NET-ASSETS] 6113
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 401
[OTHER-INCOME] 0
[EXPENSES-NET] 67
[NET-INVESTMENT-INCOME] 334
[REALIZED-GAINS-CURRENT] (35)
[APPREC-INCREASE-CURRENT] (80)
[NET-CHANGE-FROM-OPS] 219
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 334
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 4423
[NUMBER-OF-SHARES-REDEEMED] 4301
[SHARES-REINVESTED] 270
[NET-CHANGE-IN-ASSETS] 277
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (13354)
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 26
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 93
[AVERAGE-NET-ASSETS] 5712
[PER-SHARE-NAV-BEGIN] 17.76
[PER-SHARE-NII] 1.02
[PER-SHARE-GAIN-APPREC] (0.37)
[PER-SHARE-DIVIDEND] 1.01
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 17.40
[EXPENSE-RATIO] 1.17
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 7
[NAME] MANAGERS SHORT AND INTERMEDIATE BOND FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 22270
[INVESTMENTS-AT-VALUE] 22173
[RECEIVABLES] 261
[ASSETS-OTHER] 427
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 22861
[PAYABLE-FOR-SECURITIES] 401
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 80
[TOTAL-LIABILITIES] 481
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 36705
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 12
[ACCUMULATED-NET-GAINS] (14216)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] (97)
[NET-ASSETS] 22380
[DIVIDEND-INCOME] 23
[INTEREST-INCOME] 1574
[OTHER-INCOME] 0
[EXPENSES-NET] 337
[NET-INVESTMENT-INCOME] 1260
[REALIZED-GAINS-CURRENT] (122)
[APPREC-INCREASE-CURRENT] (185)
[NET-CHANGE-FROM-OPS] 953
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1196
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 8757
[NUMBER-OF-SHARES-REDEEMED] 12248
[SHARES-REINVESTED] 872
[NET-CHANGE-IN-ASSETS] (2862)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (14801)
[OVERDISTRIB-NII-PRIOR] 42
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 116
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 337
[AVERAGE-NET-ASSETS] 23207
[PER-SHARE-NAV-BEGIN] 19.67
[PER-SHARE-NII] 1.03
[PER-SHARE-GAIN-APPREC] (0.24)
[PER-SHARE-DIVIDEND] 1.01
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 19.45
[EXPENSE-RATIO] 1.45
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 9
[NAME] MANAGERS INTERMEDIATE MORTGAGE FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 33913
[INVESTMENTS-AT-VALUE] 33942
[RECEIVABLES] 1660
[ASSETS-OTHER] 20
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 35622
[PAYABLE-FOR-SECURITIES] 10374
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 402
[TOTAL-LIABILITIES] 10776
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 105109
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 3
[ACCUMULATED-NET-GAINS] (80275)
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 15
[NET-ASSETS] 24846
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 2228
[OTHER-INCOME] 0
[EXPENSES-NET] 381
[NET-INVESTMENT-INCOME] 1847
[REALIZED-GAINS-CURRENT] (210)
[APPREC-INCREASE-CURRENT] (884)
[NET-CHANGE-FROM-OPS] 753
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 1798
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 5182
[NUMBER-OF-SHARES-REDEEMED] 20415
[SHARES-REINVESTED] 1102
[NET-CHANGE-IN-ASSETS] (15176)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] (80098)
[OVERDISTRIB-NII-PRIOR] 19
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 144
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 381
[AVERAGE-NET-ASSETS] 31956
[PER-SHARE-NAV-BEGIN] 15.54
[PER-SHARE-NII] .87
[PER-SHARE-GAIN-APPREC] (0.38)
[PER-SHARE-DIVIDEND] .86
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 15.17
[EXPENSE-RATIO] 1.19
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
[ARTICLE] 6
[SERIES]
[NUMBER] 13
[NAME] MANAGERS GLOBAL BOND FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] YEAR
[FISCAL-YEAR-END] DEC-31-1996
[PERIOD-END] DEC-31-1996
[INVESTMENTS-AT-COST] 16216
[INVESTMENTS-AT-VALUE] 16477
[RECEIVABLES] 435
[ASSETS-OTHER] 226
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 17138
[PAYABLE-FOR-SECURITIES] 0
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 286
[TOTAL-LIABILITIES] 286
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 16381
[SHARES-COMMON-STOCK] 0
[SHARES-COMMON-PRIOR] 0
[ACCUMULATED-NII-CURRENT] 148
[OVERDISTRIBUTION-NII] 0
[ACCUMULATED-NET-GAINS] 196
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 127
[NET-ASSETS] 16852
[DIVIDEND-INCOME] 0
[INTEREST-INCOME] 1200
[OTHER-INCOME] 0
[EXPENSES-NET] 288
[NET-INVESTMENT-INCOME] 912
[REALIZED-GAINS-CURRENT] 653
[APPREC-INCREASE-CURRENT] (821)
[NET-CHANGE-FROM-OPS] 744
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 678
[DISTRIBUTIONS-OF-GAINS] 308
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 9371
[NUMBER-OF-SHARES-REDEEMED] 12038
[SHARES-REINVESTED] 939
[NET-CHANGE-IN-ASSETS] (1970)
[ACCUMULATED-NII-PRIOR] 0
[ACCUMULATED-GAINS-PRIOR] 0
[OVERDISTRIB-NII-PRIOR] 132
[OVERDIST-NET-GAINS-PRIOR] 100
[GROSS-ADVISORY-FEES] 126
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 293
[AVERAGE-NET-ASSETS] 18303
[PER-SHARE-NAV-BEGIN] 21.74
[PER-SHARE-NII] 1.21
[PER-SHARE-GAIN-APPREC] (0.27)
[PER-SHARE-DIVIDEND] .87
[PER-SHARE-DISTRIBUTIONS] .41
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 21.4
[EXPENSE-RATIO] 1.57
[AVG-DEBT-OUTSTANDING] 0
[AVG-DEBT-PER-SHARE] 0
</TABLE>
