<PAGE> PAGE 1
000 B000000 12/31/95
000 C000000 736913
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 NEUBERGER&BERMAN ADVISERS MANAGEMENT TRUST
001 B000000 811-4255
001 C000000 2124768800
002 A000000 605 THIRD AVENUE, 2ND FLOOR
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10158
002 D020000 0180
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 6
007 C010100 1
007 C020100 LIQUID ASSET PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 GROWTH PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 LIMITED MATURITY BOND PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 BALANCED PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 PARTNERS PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 GOVERNMENT INCOME PORTFOLIO
007 C030600 N
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
010 A00AA01 NEUBERGER&BERMAN MANAGEMENT INCORPORATED
010 B00AA01 801-8259
010 C01AA01 NEW YORK
010 C02AA01 NY
010 C03AA01 10158
010 C04AA01 0180
<PAGE> PAGE 2
011 A00AA01 NEUBERGER&BERMAN MANAGEMENT INCORPORATED
011 B00AA01 8-16229
011 C01AA01 NEW YORK
011 C02AA01 NY
011 C03AA01 10158
011 C04AA01 0180
012 A00AA01 STATE STREET BANK & TRUST COMPANY
012 B00AA01 85-05003
012 C01AA01 BOSTON
012 C02AA01 MA
012 C03AA01 02110
013 A00AA01 ERNST & YOUNG LLP
013 B01AA01 BOSTON
013 B02AA01 MA
013 B03AA01 02116
014 A00AA01 NEUBERGER&BERMAN, LP
014 B00AA01 8-1068
014 A00AA02 NEUBERGER&BERMAN MANAGEMENT INCORPORATED
014 B00AA02 8-16229
015 A00AA01 STATE STREET BANK & TRUST CO.
015 B00AA01 C
015 C01AA01 BOSTON
015 C02AA01 MA
015 C03AA01 02110
015 E01AA01 X
015 A00AA02 DELETE
015 A00AA03 DELETE
015 A00AA04 UNION BANK OF SWITZERLAND
015 B00AA04 S
015 C01AA04 ZURICH
015 D01AA04 SWITZERLAND
015 E04AA04 X
015 A00AA05 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA05 S
015 C01AA05 STOCKHOLM
015 D01AA05 SWEDEN
015 E04AA05 X
015 A00AA06 GENERALE BANK
015 B00AA06 S
015 C01AA06 BRUSSELS
015 D01AA06 BELGIUM
015 E04AA06 X
015 A00AA07 KANSALLIS-OSAKE-PANKKI
015 B00AA07 S
015 C01AA07 HELSINKI
015 D01AA07 FINLAND
015 E04AA07 X
015 A00AA08 WESTPAC BANKING CORPORATION
015 B00AA08 S
015 C01AA08 SYDNEY
015 D01AA08 AUSTRALIA
<PAGE> PAGE 3
015 E04AA08 X
015 A00AA09 GIROCREDIT BANK AKTIENGESELLSCHAFT DER SPARKA
015 B00AA09 S
015 C01AA09 VIENNA
015 D01AA09 AUSTRIA
015 E04AA09 X
015 A00AA10 CANADA TRUSTCO MORTGAGE COMPANY
015 B00AA10 S
015 C01AA10 TORONTO
015 D01AA10 CANADA
015 E04AA10 X
015 A00AA11 DEN DANSKE BANK
015 B00AA11 S
015 C01AA11 COPENHAGEN
015 D01AA11 DENMARK
015 E04AA11 X
015 A00AA12 BANQUE PARIBAS
015 B00AA12 S
015 C01AA12 PARIS
015 D01AA12 FRANCE
015 E04AA12 X
015 A00AA13 BERLINER HANDELS-UND FRANKFURTER BANK
015 B00AA13 S
015 C01AA13 FRANKFURT
015 D01AA13 GERMANY
015 E04AA13 X
015 A00AA14 STANDARD CHARTERED BANK
015 B00AA14 S
015 C01AA14 HONG KONG
015 D01AA14 HONG KONG
015 E04AA14 X
015 A00AA15 BANK OF IRELAND
015 B00AA15 S
015 C01AA15 DUBLIN
015 D01AA15 IRELAND
015 E04AA15 X
015 A00AA16 SUMITOMO TRUST & BANKING CO. LTD.
015 B00AA16 S
015 C01AA16 TOKYO
015 D01AA16 JAPAN
015 E04AA16 X
015 A00AA17 MORGAN GUARANTY TRUST COMPANY
015 B00AA17 S
015 C01AA17 MILAN
015 D01AA17 ITALY
015 E04AA17 X
015 A00AA18 CITIBANK, N.A., MEXICO
015 B00AA18 S
015 C01AA18 MEXICO CITY
015 D01AA18 MEXICO
015 E04AA18 X
<PAGE> PAGE 4
015 A00AA19 MEESPIERSON N.V.
015 B00AA19 S
015 C01AA19 AMSTERDAM
015 D01AA19 NETHERLANDS
015 E04AA19 X
015 A00AA20 ANZ BANKING GROUP (NEW ZEALAND) LIMITED
015 B00AA20 S
015 C01AA20 WELLINGTON
015 D01AA20 NEW ZEALAND
015 E04AA20 X
015 A00AA21 CHRISTIANIA BANK OG KREDITKASSE
015 B00AA21 S
015 C01AA21 OSLO
015 D01AA21 NORWAY
015 E04AA21 X
015 A00AA22 BANCO SANTANDER, S.A.
015 B00AA22 S
015 C01AA22 MADRID
015 D01AA22 SPAIN
015 E04AA22 X
015 A00AA23 STATE STREET BANK AND TRUST CO.,LONDON BRANCH
015 B00AA23 S
015 C01AA23 LONDON
015 D01AA23 UNITED KINGDOM
015 E04AA23 X
015 A00AA24 STATE STREET LONDON, LIMITED, SUBSIDIARY
015 B00AA24 S
015 C01AA24 LONDON
015 D01AA24 UNITED KINGDOM
015 E04AA24 X
018 00AA00 N
019 A00AA00 Y
019 B00AA00 51
019 C00AA00 NEUBBERMAN
020 A000001 NEUBERGER & BERMAN, L.P.
020 B000001 13-5521910
020 C000001 259
020 A000002 INSTINET CORPORATION
020 B000002 13-3443395
020 C000002 6
020 A000003 FOX-PITT KELTON INC.
020 B000003 06-1058201
020 C000003 5
020 A000004 BROWN (ALEX) & SONS INC.
020 B000004 52-1319768
020 C000004 4
020 A000005 MORGAN STANLEY & CO. INC.
020 B000005 13-2655998
020 C000005 2
020 A000006 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000006 13-2741729
<PAGE> PAGE 5
020 C000006 2
020 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000007 13-5674085
020 C000007 2
020 A000008 FIRST BOSTON CORPORATION (THE)
020 B000008 13-5659485
020 C000008 2
020 A000009 OPPENHEIMER & CO., INC.
020 B000009 13-2798343
020 C000009 2
020 A000010 SOUNDVIEW FINANCIAL GROUP, INC.
020 B000010 13-2998183
020 C000010 2
021 000000 291
022 A000001 HSBC SECURITIES
022 B000001 13-2650272
022 C000001 113396
022 D000001 37887
022 A000002 EXXON CREDIT CORP.
022 B000002 13-3072653
022 C000002 138291
022 D000002 0
022 A000003 MORGAN STANLEY & CO. INC.
022 B000003 13-2655998
022 C000003 75210
022 D000003 25311
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004 45039
022 D000004 24576
022 A000005 GENERAL ELECTRIC CAPITAL CORP.
022 B000005 13-1500700
022 C000005 67792
022 D000005 0
022 A000006 SALOMON BROTHERS INC.
022 B000006 13-3082694
022 C000006 38243
022 D000006 25668
022 A000007 NATIONSBANC CAPITAL MARKETS, INC.
022 B000007 56-1684171
022 C000007 42558
022 D000007 16815
022 A000008 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000008 13-5674085
022 C000008 38418
022 D000008 2302
022 A000009 MORGAN (J.P.) SECURITIES INC.
022 B000009 13-3224016
022 C000009 28076
022 D000009 6745
022 A000010 FIRST BOSTON CORPORATION (THE)
<PAGE> PAGE 6
022 B000010 13-5659485
022 C000010 19472
022 D000010 3490
023 C000000 670381
023 D000000 169637
024 00AA00 N
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 Y
040 00AA00 Y
041 00AA00 Y
042 A00AA00 78
042 B00AA00 1
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 21
043 00AA00 351
044 00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 Y
053 B00AA00 Y
053 C00AA00 N
054 A00AA00 Y
054 B00AA00 Y
<PAGE> PAGE 7
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 0
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
063 A00AA00 0
063 B00AA00 0.0
066 A00AA00 N
067 00AA00 N
068 A00AA00 N
068 B00AA00 N
069 00AA00 N
077 A000000 Y
077 B000000 Y
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
<PAGE> PAGE 8
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 ICI MUTUAL INSURANCE CO.
080 C00AA00 8000
081 A00AA00 Y
081 B00AA00 49
082 A00AA00 N
082 B00AA00 0
083 A00AA00 N
083 B00AA00 0
084 A00AA00 N
084 B00AA00 0
085 A00AA00 Y
085 B00AA00 N
086 A010000 0
086 A020000 0
086 B010000 0
086 B020000 0
086 C010000 0
086 C020000 0
086 D010000 0
086 D020000 0
086 E010000 0
086 E020000 0
086 F010000 0
086 F020000 0
028 A010100 669
028 A020100 24
028 A030100 0
028 A040100 364
028 B010100 60
028 B020100 25
028 B030100 0
028 B040100 265
028 C010100 73
028 C020100 25
028 C030100 0
028 C040100 104
028 D010100 28992
028 D020100 23
028 D030100 0
<PAGE> PAGE 9
028 D040100 475
028 E010100 119
028 E020100 102
028 E030100 0
028 E040100 2600
028 F010100 114
028 F020100 135
028 F030100 0
028 F040100 442
028 G010100 30027
028 G020100 334
028 G030100 0
028 G040100 4250
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.500
048 A010100 0
048 A020100 0.000
048 B010100 0
048 B020100 0.000
048 C010100 0
048 C020100 0.000
048 D010100 0
048 D020100 0.000
048 E010100 0
048 E020100 0.000
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 0
048 K020100 0.000
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
070 A010100 Y
070 A020100 N
070 B010100 N
070 B020100 N
070 C010100 N
070 C020100 N
070 D010100 N
<PAGE> PAGE 10
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 N
070 K020100 N
070 L010100 Y
070 L020100 N
070 M010100 N
070 M020100 N
070 N010100 Y
070 N020100 N
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 N
070 R020100 N
071 A000100 0
071 B000100 0
071 C000100 0
071 D000100 0
072 A000100 12
072 B000100 695
072 C000100 0
072 D000100 0
072 E000100 0
072 F000100 8
072 G000100 40
072 H000100 0
072 I000100 0
072 J000100 13
072 K000100 0
072 L000100 26
072 M000100 0
072 N000100 0
072 O000100 1
072 P000100 0
072 Q000100 0
072 R000100 1
<PAGE> PAGE 11
072 S000100 1
072 T000100 1
072 U000100 0
072 V000100 0
072 W000100 56
072 X000100 147
072 Y000100 28
072 Z000100 576
072AA000100 0
072BB000100 0
072CC010100 0
072CC020100 0
072DD010100 576
072DD020100 0
072EE000100 0
073 A010100 0.0493
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 0
074 B000100 0
074 C000100 0
074 D000100 0
074 E000100 0
074 F000100 0
074 G000100 0
074 H000100 0
074 I000100 32216
074 J000100 0
074 K000100 0
074 L000100 1
074 M000100 0
074 N000100 32217
074 O000100 0
074 P000100 12
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 326
074 S000100 0
074 T000100 31879
074 U010100 31880
074 U020100 0
074 V010100 1.00
074 V020100 0.00
074 W000100 0.9994
074 X000100 3
074 Y000100 0
075 A000100 11754
075 B000100 0
<PAGE> PAGE 12
076 000100 0.00
028 A010200 16259
028 A020200 0
028 A030200 0
028 A040200 10487
028 B010200 19358
028 B020200 0
028 B030200 0
028 B040200 5980
028 C010200 23893
028 C020200 0
028 C030200 0
028 C040200 22277
028 D010200 20033
028 D020200 0
028 D030200 0
028 D040200 18021
028 E010200 12705
028 E020200 0
028 E030200 0
028 E040200 4490
028 F010200 12214
028 F020200 0
028 F030200 0
028 F040200 75612
028 G010200 104462
028 G020200 0
028 G030200 0
028 G040200 136867
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 250000
048 A020200 0.700
048 B010200 250000
048 B020200 0.675
048 C010200 250000
048 C020200 0.650
048 D010200 250000
048 D020200 0.625
048 E010200 0
048 E020200 0.000
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
048 H010200 0
048 H020200 0.000
048 I010200 0
<PAGE> PAGE 13
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 1000000
048 K020200 0.600
055 A000200 Y
055 B000200 N
056 000200 Y
057 000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 N
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 N
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200 91328
071 B000200 34170
071 C000200 459113
071 D000200 9
072 A000200 12
072 B000200 522
<PAGE> PAGE 14
072 C000200 4265
072 D000200 0
072 E000200 0
072 F000200 921
072 G000200 1140
072 H000200 0
072 I000200 0
072 J000200 62
072 K000200 0
072 L000200 58
072 M000200 15
072 N000200 7
072 O000200 1
072 P000200 0
072 Q000200 0
072 R000200 8
072 S000200 108
072 T000200 52
072 U000200 0
072 V000200 0
072 W000200 2234
072 X000200 4606
072 Y000200 0
072 Z000200 181
072AA000200 48306
072BB000200 0
072CC010200 79635
072CC020200 0
072DD010200 951
072DD020200 0
072EE000200 12739
073 A010200 0.0500
073 A020200 0.0000
073 B000200 0.6700
073 C000200 0.0000
074 A000200 0
074 B000200 0
074 C000200 0
074 D000200 0
074 E000200 0
074 F000200 0
074 G000200 0
074 H000200 0
074 I000200 600810
074 J000200 0
074 K000200 0
074 L000200 1053
074 M000200 0
074 N000200 601863
074 O000200 0
074 P000200 154
<PAGE> PAGE 15
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 63887
074 S000200 0
074 T000200 537822
074 U010200 20798
074 U020200 0
074 V010200 25.86
074 V020200 0.00
074 W000200 0.0000
074 X000200 8
074 Y000200 0
075 A000200 513221
075 B000200 0
076 000200 0.00
028 A010300 6744
028 A020300 0
028 A030300 0
028 A040300 14549
028 B010300 9210
028 B020300 0
028 B030300 0
028 B040300 24287
028 C010300 5572
028 C020300 0
028 C030300 0
028 C040300 16939
028 D010300 12844
028 D020300 0
028 D030300 0
028 D040300 14567
028 E010300 6781
028 E020300 0
028 E030300 0
028 E040300 12497
028 F010300 16174
028 F020300 0
028 F030300 0
028 F040300 109387
028 G010300 57325
028 G020300 0
028 G030300 0
028 G040300 192226
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.500
048 A010300 0
<PAGE> PAGE 16
048 A020300 0.000
048 B010300 0
048 B020300 0.000
048 C010300 0
048 C020300 0.000
048 D010300 0
048 D020300 0.000
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 0
048 K020300 0.000
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
070 A010300 Y
070 A020300 N
070 B010300 N
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 Y
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 Y
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 Y
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
<PAGE> PAGE 17
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
071 A000300 84433
071 B000300 91718
071 C000300 316348
071 D000300 27
072 A000300 12
072 B000300 23185
072 C000300 0
072 D000300 0
072 E000300 0
072 F000300 577
072 G000300 922
072 H000300 0
072 I000300 0
072 J000300 55
072 K000300 0
072 L000300 45
072 M000300 11
072 N000300 1
072 O000300 1
072 P000300 0
072 Q000300 0
072 R000300 3
072 S000300 80
072 T000300 32
072 U000300 0
072 V000300 0
072 W000300 741
072 X000300 2468
072 Y000300 0
072 Z000300 20717
072AA000300 1865
072BB000300 0
072CC010300 13119
072CC020300 0
072DD010300 19650
072DD020300 0
072EE000300 0
073 A010300 0.7800
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
<PAGE> PAGE 18
074 A000300 0
074 B000300 0
074 C000300 0
074 D000300 0
074 E000300 0
074 F000300 0
074 G000300 0
074 H000300 0
074 I000300 325623
074 J000300 0
074 K000300 0
074 L000300 5745
074 M000300 0
074 N000300 331368
074 O000300 0
074 P000300 111
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 92359
074 S000300 0
074 T000300 238898
074 U010300 16244
074 U020300 0
074 V010300 14.71
074 V020300 0.00
074 W000300 0.0000
074 X000300 9
074 Y000300 0
075 A000300 346012
075 B000300 0
076 000300 0.00
028 A010400 2179
028 A020400 0
028 A030400 0
028 A040400 1309
028 B010400 1675
028 B020400 0
028 B030400 0
028 B040400 3818
028 C010400 2794
028 C020400 0
028 C030400 0
028 C040400 6184
028 D010400 2152
028 D020400 0
028 D030400 0
028 D040400 3909
028 E010400 2242
028 E020400 0
<PAGE> PAGE 19
028 E030400 0
028 E040400 3815
028 F010400 1942
028 F020400 0
028 F030400 0
028 F040400 62413
028 G010400 12984
028 G020400 0
028 G030400 0
028 G040400 81448
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.700
048 A010400 0
048 A020400 0.000
048 B010400 0
048 B020400 0.000
048 C010400 0
048 C020400 0.000
048 D010400 0
048 D020400 0.000
048 E010400 0
048 E020400 0.000
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 0
048 K020400 0.000
055 A000400 Y
055 B000400 N
056 000400 Y
057 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 N
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 Y
070 E020400 N
<PAGE> PAGE 20
070 F010400 N
070 F020400 N
070 G010400 Y
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 N
070 K020400 Y
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 N
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 37127
071 B000400 43109
071 C000400 176244
071 D000400 21
072 A000400 12
072 B000400 4853
072 C000400 1015
072 D000400 0
072 E000400 0
072 F000400 419
072 G000400 411
072 H000400 0
072 I000400 16
072 J000400 54
072 K000400 0
072 L000400 66
072 M000400 6
072 N000400 28
072 O000400 1
072 P000400 0
072 Q000400 0
072 R000400 2
072 S000400 42
072 T000400 18
072 U000400 0
<PAGE> PAGE 21
072 V000400 0
072 W000400 878
072 X000400 1941
072 Y000400 0
072 Z000400 3927
072AA000400 21146
072BB000400 0
072CC010400 15924
072CC020400 0
072DD010400 3411
072DD020400 0
072EE000400 1096
073 A010400 0.2800
073 A020400 0.0000
073 B000400 0.0900
073 C000400 0.0000
074 A000400 0
074 B000400 0
074 C000400 0
074 D000400 0
074 E000400 0
074 F000400 0
074 G000400 0
074 H000400 0
074 I000400 203321
074 J000400 0
074 K000400 0
074 L000400 104
074 M000400 0
074 N000400 203425
074 O000400 0
074 P000400 53
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 58951
074 S000400 0
074 T000400 144421
074 U010400 8244
074 U020400 0
074 V010400 17.52
074 V020400 0.00
074 W000400 0.0000
074 X000400 29
074 Y000400 0
075 A000400 196921
075 B000400 0
076 000400 0.00
028 A010500 9735
028 A020500 0
<PAGE> PAGE 22
028 A030500 0
028 A040500 3965
028 B010500 12147
028 B020500 0
028 B030500 0
028 B040500 1095
028 C010500 19931
028 C020500 0
028 C030500 0
028 C040500 439
028 D010500 14703
028 D020500 0
028 D030500 0
028 D040500 7427
028 E010500 15743
028 E020500 0
028 E030500 0
028 E040500 664
028 F010500 78897
028 F020500 0
028 F030500 0
028 F040500 1335
028 G010500 151156
028 G020500 0
028 G030500 0
028 G040500 14925
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.000
048 A010500 250000
048 A020500 0.700
048 B010500 250000
048 B020500 0.675
048 C010500 250000
048 C020500 0.650
048 D010500 250000
048 D020500 0.625
048 E010500 0
048 E020500 0.000
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
<PAGE> PAGE 23
048 K010500 1000000
048 K020500 0.600
055 A000500 N
055 B000500 N
056 000500 Y
057 000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 N
070 K010500 Y
070 K020500 Y
070 L010500 Y
070 L020500 N
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 N
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500 26792
071 B000500 10935
071 C000500 14399
071 D000500 76
072 A000500 12
072 B000500 375
072 C000500 903
072 D000500 0
072 E000500 0
<PAGE> PAGE 24
072 F000500 38
072 G000500 170
072 H000500 0
072 I000500 0
072 J000500 21
072 K000500 0
072 L000500 42
072 M000500 2
072 N000500 3
072 O000500 1
072 P000500 0
072 Q000500 0
072 R000500 2
072 S000500 11
072 T000500 2
072 U000500 3
072 V000500 0
072 W000500 382
072 X000500 677
072 Y000500 0
072 Z000500 601
072AA000500 9230
072BB000500 0
072CC010500 6086
072CC020500 0
072DD010500 14
072DD020500 0
072EE000500 98
073 A010500 0.0100
073 A020500 0.0000
073 B000500 0.0700
073 C000500 0.0000
074 A000500 0
074 B000500 0
074 C000500 0
074 D000500 0
074 E000500 0
074 F000500 0
074 G000500 0
074 H000500 0
074 I000500 142403
074 J000500 0
074 K000500 0
074 L000500 65191
074 M000500 9
074 N000500 207603
074 O000500 0
074 P000500 34
074 Q000500 0
074 R010500 0
074 R020500 0
<PAGE> PAGE 25
074 R030500 0
074 R040500 27
074 S000500 0
074 T000500 207542
074 U010500 15687
074 U020500 0
074 V010500 13.23
074 V020500 0.00
074 W000500 0.0000
074 X000500 7
074 Y000500 0
075 A000500 62208
075 B000500 0
076 000500 0.00
028 A010600 7
028 A020600 0
028 A030600 0
028 A040600 34
028 B010600 535
028 B020600 0
028 B030600 0
028 B040600 15
028 C010600 165
028 C020600 0
028 C030600 0
028 C040600 55
028 D010600 40
028 D020600 0
028 D030600 0
028 D040600 4
028 E010600 84
028 E020600 0
028 E030600 0
028 E040600 48
028 F010600 35
028 F020600 0
028 F030600 0
028 F040600 4
028 G010600 866
028 G020600 0
028 G030600 0
028 G040600 160
028 H000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.600
048 A010600 0
048 A020600 0.000
048 B010600 0
048 B020600 0.000
<PAGE> PAGE 26
048 C010600 0
048 C020600 0.000
048 D010600 0
048 D020600 0.000
048 E010600 0
048 E020600 0.000
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 0
048 K020600 0.000
055 A000600 N
055 B000600 N
056 000600 Y
057 000600 N
070 A010600 Y
070 A020600 N
070 B010600 N
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 N
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 N
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 N
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 Y
070 L010600 Y
070 L020600 N
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 N
070 O010600 Y
<PAGE> PAGE 27
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600 13
071 B000600 60
071 C000600 657
071 D000600 2
072 A000600 12
072 B000600 100
072 C000600 0
072 D000600 0
072 E000600 0
072 F000600 2
072 G000600 5
072 H000600 0
072 I000600 0
072 J000600 9
072 K000600 0
072 L000600 22
072 M000600 0
072 N000600 0
072 O000600 1
072 P000600 0
072 Q000600 0
072 R000600 0
072 S000600 0
072 T000600 0
072 U000600 3
072 V000600 0
072 W000600 20
072 X000600 62
072 Y000600 46
072 Z000600 84
072AA000600 7
072BB000600 0
072CC010600 74
072CC020600 0
072DD010600 39
072DD020600 0
072EE000600 0
073 A010600 0.3800
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 0
074 B000600 0
074 C000600 0
<PAGE> PAGE 28
074 D000600 0
074 E000600 0
074 F000600 0
074 G000600 0
074 H000600 0
074 I000600 2194
074 J000600 0
074 K000600 51
074 L000600 5
074 M000600 9
074 N000600 2259
074 O000600 0
074 P000600 10
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 57
074 S000600 0
074 T000600 2192
074 U010600 201
074 U020600 0
074 V010600 10.39
074 V020600 0.00
074 W000600 0.0000
074 X000600 2
074 Y000600 0
075 A000600 1473
075 B000600 0
076 000600 0.00
SIGNATURE RICK RUSSELL
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Liquid Asset Portfolio Annual Report and is qualified in its entirety by
reference to such document.
</LEGEND>
<CIK> 0000736913
<NAME> NEUBERGER&BERMAN ADVISERS MANAGEMENT TRUST
<SERIES>
<NUMBER> 01
<NAME> LIQUID ASSET PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 32,216
<RECEIVABLES> 0
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 32,216
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 337
<TOTAL-LIABILITIES> 337
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 31,880
<SHARES-COMMON-STOCK> 31,880
<SHARES-COMMON-PRIOR> 5,285
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (1)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 31,879
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 695
<OTHER-INCOME> 0
<EXPENSES-NET> (119)
<NET-INVESTMENT-INCOME> 576
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 576
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (576)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 32,993
<NUMBER-OF-SHARES-REDEEMED> (6,866)
<SHARES-REINVESTED> 468
<NET-CHANGE-IN-ASSETS> 26,595
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (1)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 147
<AVERAGE-NET-ASSETS> 11,754
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> 1.01
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Growth Portfolio Annual Report and is qualified in its entirety by
reference to such document.
</LEGEND>
<CIK> 0000736913
<NAME> NEUBERGER&BERMAN ADVISERS MANAGEMENT TRUST
<SERIES>
<NUMBER> 02
<NAME> GROWTH PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 600,810
<RECEIVABLES> 1,053
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 601,863
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 64,041
<TOTAL-LIABILITIES> 64,041
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 406,977
<SHARES-COMMON-STOCK> 20,798
<SHARES-COMMON-PRIOR> 18,180
<ACCUMULATED-NII-CURRENT> 132
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 48,309
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 82,404
<NET-ASSETS> 537,822
<DIVIDEND-INCOME> 4,265
<INTEREST-INCOME> 522
<OTHER-INCOME> 0
<EXPENSES-NET> (4,606)
<NET-INVESTMENT-INCOME> 181
<REALIZED-GAINS-CURRENT> 48,306
<APPREC-INCREASE-CURRENT> 79,635
<NET-CHANGE-FROM-OPS> 128,122
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (951)
<DISTRIBUTIONS-OF-GAINS> (12,739)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 10,958
<NUMBER-OF-SHARES-REDEEMED> (8,997)
<SHARES-REINVESTED> 657
<NET-CHANGE-IN-ASSETS> 168,514
<ACCUMULATED-NII-PRIOR> 836
<ACCUMULATED-GAINS-PRIOR> 12,808
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 921
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,606
<AVERAGE-NET-ASSETS> 513,221
<PER-SHARE-NAV-BEGIN> 20.31
<PER-SHARE-NII> .01
<PER-SHARE-GAIN-APPREC> 6.26
<PER-SHARE-DIVIDEND> (.05)
<PER-SHARE-DISTRIBUTIONS> (.67)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.86
<EXPENSE-RATIO> .90
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Limited Maturity Bond Portfolio Annual Report and is qualified in its
entirety by reference to such document.
</LEGEND>
<CIK> 0000736913
<NAME> NEUBERGER&BERMAN ADVISERS MANAGEMENT TRUST
<SERIES>
<NUMBER> 03
<NAME> LIMITED MATURITY BOND PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 325,623
<RECEIVABLES> 5,745
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 331,368
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 92,470
<TOTAL-LIABILITIES> 92,470
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 222,774
<SHARES-COMMON-STOCK> 16,244
<SHARES-COMMON-PRIOR> 24,591
<ACCUMULATED-NII-CURRENT> 20,477
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (6,956)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,603
<NET-ASSETS> 238,898
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 23,185
<OTHER-INCOME> 0
<EXPENSES-NET> (2,468)
<NET-INVESTMENT-INCOME> 20,717
<REALIZED-GAINS-CURRENT> 1,865
<APPREC-INCREASE-CURRENT> 13,119
<NET-CHANGE-FROM-OPS> 35,701
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (19,650)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 9,484
<NUMBER-OF-SHARES-REDEEMED> (19,275)
<SHARES-REINVESTED> 1,444
<NET-CHANGE-IN-ASSETS> (105,939)
<ACCUMULATED-NII-PRIOR> 19,410
<ACCUMULATED-GAINS-PRIOR> (8,821)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 577
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,468
<AVERAGE-NET-ASSETS> 346,012
<PER-SHARE-NAV-BEGIN> 14.02
<PER-SHARE-NII> .82
<PER-SHARE-GAIN-APPREC> .65
<PER-SHARE-DIVIDEND> (.78)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.71
<EXPENSE-RATIO> .71
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Balanced Portfolio Annual Report and is qualified in its entirety by
reference to such document.
</LEGEND>
<CIK> 0000736913
<NAME> NEUBERGER&BERMAN ADVISERS MANAGEMENT TRUST
<SERIES>
<NUMBER> 04
<NAME> BALANCED PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 203,321
<RECEIVABLES> 104
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 203,425
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 59,004
<TOTAL-LIABILITIES> 59,004
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 105,370
<SHARES-COMMON-STOCK> 8,244
<SHARES-COMMON-PRIOR> 12,352
<ACCUMULATED-NII-CURRENT> 3,819
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 21,105
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 14,127
<NET-ASSETS> 144,421
<DIVIDEND-INCOME> 1,015
<INTEREST-INCOME> 4,853
<OTHER-INCOME> 0
<EXPENSES-NET> (1,941)
<NET-INVESTMENT-INCOME> 3,927
<REALIZED-GAINS-CURRENT> 21,146
<APPREC-INCREASE-CURRENT> 15,924
<NET-CHANGE-FROM-OPS> 40,997
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,411)
<DISTRIBUTIONS-OF-GAINS> (1,096)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,410
<NUMBER-OF-SHARES-REDEEMED> (5,822)
<SHARES-REINVESTED> 304
<NET-CHANGE-IN-ASSETS> (34,854)
<ACCUMULATED-NII-PRIOR> 3,295
<ACCUMULATED-GAINS-PRIOR> 1,064
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 419
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,941
<AVERAGE-NET-ASSETS> 196,921
<PER-SHARE-NAV-BEGIN> 14.51
<PER-SHARE-NII> .32
<PER-SHARE-GAIN-APPREC> 3.06
<PER-SHARE-DIVIDEND> (.28)
<PER-SHARE-DISTRIBUTIONS> (.09)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 17.52
<EXPENSE-RATIO> .99
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Partners Portfolio Annual Report and is qualified in its entirety by
reference to such document.
</LEGEND>
<CIK> 0000736913
<NAME> NEUBERGER&BERMAN ADVISERS MANAGEMENT TRUST
<SERIES>
<NUMBER> 05
<NAME> PARTNERS PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 142,403
<RECEIVABLES> 65,191
<ASSETS-OTHER> 9
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 207,603
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 61
<TOTAL-LIABILITIES> 61
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 191,795
<SHARES-COMMON-STOCK> 15,687
<SHARES-COMMON-PRIOR> 960
<ACCUMULATED-NII-CURRENT> 600
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 9,230
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,917
<NET-ASSETS> 207,542
<DIVIDEND-INCOME> 903
<INTEREST-INCOME> 375
<OTHER-INCOME> 0
<EXPENSES-NET> 677
<NET-INVESTMENT-INCOME> 601
<REALIZED-GAINS-CURRENT> 9,230
<APPREC-INCREASE-CURRENT> 6,086
<NET-CHANGE-FROM-OPS> 15,917
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (14)
<DISTRIBUTIONS-OF-GAINS> (98)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 16,798
<NUMBER-OF-SHARES-REDEEMED> (2,082)
<SHARES-REINVESTED> 11
<NET-CHANGE-IN-ASSETS> 198,163
<ACCUMULATED-NII-PRIOR> 13
<ACCUMULATED-GAINS-PRIOR> 98
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 38
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 677
<AVERAGE-NET-ASSETS> 62,208
<PER-SHARE-NAV-BEGIN> 9.77
<PER-SHARE-NII> .11
<PER-SHARE-GAIN-APPREC> 3.43
<PER-SHARE-DIVIDEND> (.01)
<PER-SHARE-DISTRIBUTIONS> (.07)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.23
<EXPENSE-RATIO> 1.09
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Government Income Portfolio Annual Report and is qualified in its
entirety by reference to such
document.
</LEGEND>
<CIK> 0000736913
<NAME> NEUBERGER&BERMAN ADVISERS MANAGEMENT TRUST
<SERIES>
<NUMBER> 06
<NAME> GOVERNMENT INCOME PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> DEC-31-1995
<PERIOD-END> DEC-31-1995
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 2,194
<RECEIVABLES> 56
<ASSETS-OTHER> 9
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 2,259
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 67
<TOTAL-LIABILITIES> 67
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,051
<SHARES-COMMON-STOCK> 201
<SHARES-COMMON-PRIOR> 102
<ACCUMULATED-NII-CURRENT> 83
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 51
<NET-ASSETS> 2,192
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 100
<OTHER-INCOME> 0
<EXPENSES-NET> (16)
<NET-INVESTMENT-INCOME> 84
<REALIZED-GAINS-CURRENT> 7
<APPREC-INCREASE-CURRENT> 74
<NET-CHANGE-FROM-OPS> 165
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (39)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 110
<NUMBER-OF-SHARES-REDEEMED> (15)
<SHARES-REINVESTED> 4
<NET-CHANGE-IN-ASSETS> 1,159
<ACCUMULATED-NII-PRIOR> 38
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 2
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 62
<AVERAGE-NET-ASSETS> 1,473
<PER-SHARE-NAV-BEGIN> 10.15
<PER-SHARE-NII> .70
<PER-SHARE-GAIN-APPREC> .46
<PER-SHARE-DIVIDEND> (.38)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 10.93
<EXPENSE-RATIO> 1.05
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
