<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Liquid Asset Portfolio Semi-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> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 23,589
<INVESTMENTS-AT-VALUE> 23,589
<RECEIVABLES> 24
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 1
<TOTAL-ASSETS> 23,614
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 477
<TOTAL-LIABILITIES> 477
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 23,139
<SHARES-COMMON-STOCK> 23,139
<SHARES-COMMON-PRIOR> 25,790
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 0
<NET-ASSETS> 23,137
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 694
<OTHER-INCOME> 0
<EXPENSES-NET> (104)
<NET-INVESTMENT-INCOME> 590
<REALIZED-GAINS-CURRENT> 0
<APPREC-INCREASE-CURRENT> 0
<NET-CHANGE-FROM-OPS> 590
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (590)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 17,795
<NUMBER-OF-SHARES-REDEEMED> (20,992)
<SHARES-REINVESTED> 545
<NET-CHANGE-IN-ASSETS> (2,652)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> (2)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 28
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 104
<AVERAGE-NET-ASSETS> 22,929
<PER-SHARE-NAV-BEGIN> 1.00
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> (.03)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 1.00
<EXPENSE-RATIO> .92<F1>
<FN>
<F1> Annualized
</FN>
</TABLE>
