NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
Supplement to the Joint Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
BALANCED PORTFOLIO
Supplement to the Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
BALANCED PORTFOLIO FOR QUALIFIED PLANS
Supplement to the Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
GROWTH PORTFOLIO
Supplement to the Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
GUARDIAN PORTFOLIO
Supplement to the Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
LIMITED MATURITY PORTFOLIO
Supplement to the Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
LIQUID ASSET PORTFOLIO
Supplement to the Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
MID-CAP GROWTH PORTFOLIO
Supplement to the Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
PARTNERS PORTFOLIO
Supplement to the Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISER MANAGEMENT TRUST
SOCIALLY RESPONSIVE PORTFOLIO
Supplement to the Prospectus dated May 1, 1999
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc. are
wholly owned subsidiaries of Neuberger Berman Inc., a publicly held
company. Individuals who are principals of NB LLC are now employees of NB
LLC.
The date of this Supplement is October 11, 1999.
<PAGE>
NEUBERGER BERMAN
ADVISERS MANAGEMENT TRUST
Supplement to the Joint Statement of Additional Information dated May 1,
1999.
I. Neuberger Berman, LLC ("NB LLC") and Neuberger Berman Management Inc.
("NBMI") are wholly owned subsidiaries of Neuberger Berman Inc. ("NB
Inc."), a publicly held company. Certain current and former directors and
officers of NB Inc. and its subsidiaries ("principals") and their
affiliated family limited partnerships and trusts ("family affiliates") own
approximately 72% of NB Inc.'s outstanding shares. These principals and
their family affiliates have agreed to vote their shares of NB Inc. in
accordance with a majority of the shares held by all of the principals and
their family affiliates cast in a preliminary vote held prior to any
meeting of stockholders of NB Inc.
Lawrence Zicklin and Richard Cantor have retired from NB LLC and are now
the non-executive chairman and vice-chairman of NB Inc., respectively. They
will also remain on the Board of Directors of NBMI. Mr. Zicklin remains in
his position with the Trusts. Individuals who were principals of NB LLC are
now employees of NB LLC. Stanley Egener has retired as president of NBMI,
but remains in his position with the Trusts. Peter Sundman, formerly a
senior vice president, has succeeded him.
The date of this Supplement is October 11, 1999.
