[ARTICLE] 6
[SERIES]
[NUMBER] 3
[NAME] MANAGERS SPECIAL EQUITY FUND
[MULTIPLIER] 1000
<TABLE>
<S> <C>
[PERIOD-TYPE] 6-MOS
[FISCAL-YEAR-END] DEC-31-2000
[PERIOD-END] JUN-30-2000
[INVESTMENTS-AT-COST] 1694585
[INVESTMENTS-AT-VALUE] 2201720
[RECEIVABLES] 49841
[ASSETS-OTHER] 739
[OTHER-ITEMS-ASSETS] 0
[TOTAL-ASSETS] 2252300
[PAYABLE-FOR-SECURITIES] 48965
[SENIOR-LONG-TERM-DEBT] 0
[OTHER-ITEMS-LIABILITIES] 49298
[TOTAL-LIABILITIES] 98263
[SENIOR-EQUITY] 0
[PAID-IN-CAPITAL-COMMON] 1341929
[SHARES-COMMON-STOCK] 20901
[SHARES-COMMON-PRIOR] 16880
[ACCUMULATED-NII-CURRENT] 0
[OVERDISTRIBUTION-NII] 1934
[ACCUMULATED-NET-GAINS] 306906
[OVERDISTRIBUTION-GAINS] 0
[ACCUM-APPREC-OR-DEPREC] 507136
[NET-ASSETS] 2154037
[DIVIDEND-INCOME] 3478
[INTEREST-INCOME] 5755
[OTHER-INCOME] 303
[EXPENSES-NET] 11765
[NET-INVESTMENT-INCOME] (2229)
[REALIZED-GAINS-CURRENT] 244447
[APPREC-INCREASE-CURRENT] (25657)
[NET-CHANGE-FROM-OPS] 216561
[EQUALIZATION] 0
[DISTRIBUTIONS-OF-INCOME] 0
[DISTRIBUTIONS-OF-GAINS] 0
[DISTRIBUTIONS-OTHER] 0
[NUMBER-OF-SHARES-SOLD] 1097713
[NUMBER-OF-SHARES-REDEEMED] 703387
[SHARES-REINVESTED] 0
[NET-CHANGE-IN-ASSETS] 610887
[ACCUMULATED-NII-PRIOR] 295
[ACCUMULATED-GAINS-PRIOR] 62459
[OVERDISTRIB-NII-PRIOR] 0
[OVERDIST-NET-GAINS-PRIOR] 0
[GROSS-ADVISORY-FEES] 8431
[INTEREST-EXPENSE] 0
[GROSS-EXPENSE] 11808
[AVERAGE-NET-ASSETS] 1883889
[PER-SHARE-NAV-BEGIN] 91.42
[PER-SHARE-NII] (0.11)
[PER-SHARE-GAIN-APPREC] 11.75
[PER-SHARE-DIVIDEND] 0
[PER-SHARE-DISTRIBUTIONS] 0
[RETURNS-OF-CAPITAL] 0
[PER-SHARE-NAV-END] 103.06
[EXPENSE-RATIO] 1.26
</TABLE>
