<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Limited Maturity Bond 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> 03
<NAME> LIMITED MATURITY BOND PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> DEC-31-2000
<PERIOD-END> JUN-30-2000
<INVESTMENTS-AT-COST> 205,927
<INVESTMENTS-AT-VALUE> 202,780
<RECEIVABLES> 5,771
<ASSETS-OTHER> 2
<OTHER-ITEMS-ASSETS> 4
<TOTAL-ASSETS> 208,557
<PAYABLE-FOR-SECURITIES> 5,885
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 510
<TOTAL-LIABILITIES> 6,395
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 221,557
<SHARES-COMMON-STOCK> 16,059
<SHARES-COMMON-PRIOR> 18,759
<ACCUMULATED-NII-CURRENT> 6,529
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (22,777)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (3,147)
<NET-ASSETS> 202,162
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 7,278
<OTHER-INCOME> 0
<EXPENSES-NET> (834)
<NET-INVESTMENT-INCOME> 6,444
<REALIZED-GAINS-CURRENT> (6,203)
<APPREC-INCREASE-CURRENT> 3,746
<NET-CHANGE-FROM-OPS> 3,987
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (15,205)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,651
<NUMBER-OF-SHARES-REDEEMED> (5,579)
<SHARES-REINVESTED> 1,228
<NET-CHANGE-IN-ASSETS> (46,194)
<ACCUMULATED-NII-PRIOR> 15,290
<ACCUMULATED-GAINS-PRIOR> (16,574)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 275
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 834
<AVERAGE-NET-ASSETS> 220,988
<PER-SHARE-NAV-BEGIN> 13.24
<PER-SHARE-NII> .37
<PER-SHARE-GAIN-APPREC> (.13)
<PER-SHARE-DIVIDEND> (.89)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.59
<EXPENSE-RATIO> .76<F1>
<FN>
<F1> Annualized
</FN>
</TABLE>
