NEUBERGER & BERMAN INCOME TRUST
NSAR-A, 1996-06-27
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<PAGE>      PAGE  1
000 A000000 04/30/96
000 C000000 905235
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 INCOME TRUST
001 B000000 811-7724
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
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007 C010100  1
007 C020100 NEUBERGER&BERMAN ULTRA SHORT BOND TRUST
007 C030100 N
007 C010200  2
007 C020200 NEUBERGER&BERMAN LTD. MATURITY BOND TRUST
007 C030200 N
007 C010300  3
007 C020300 NEUBERGER&BERMAN GOVERNMENT INCOME TRUST
007 C030300 Y
007 C010400  4
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<PAGE>      PAGE  2
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012 C03AA01 02110
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015 B00AA01 C
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015 C03AA01 02110
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019 C00AA00 NEUBBERMAN
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<PAGE>      PAGE  3
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<PAGE>      PAGE  4
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<PAGE>      PAGE  5
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<PAGE>      PAGE  6
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070 F020100 N
070 G010100 Y
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 N
070 K010100 Y
<PAGE>      PAGE  7
070 K020100 Y
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
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<PAGE>      PAGE  8
072EE000100        0
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<PAGE>      PAGE  9
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070 A010200 Y
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070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 Y
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 Y
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 Y
070 L010200 Y
070 L020200 N
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
<PAGE>      PAGE  10
070 R020200 N
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073 A020200   0.0000
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073 C000200   0.0000
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074 C000200        0
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074 F000200        0
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<PAGE>      PAGE  11
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<PAGE>      PAGE  12
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070 A010300 Y
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070 B020300 N
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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
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070 M020300 N
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070 O020300 N
070 P010300 N
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070 Q020300 N
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<PAGE>      PAGE  13
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<PAGE>      PAGE  14
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SIGNATURE   RICK RUSSELL                                 
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger&Berman Limited Maturity Bond Trust Semi Annual Report and is
qualified in its entirety by reference to such document.
</LEGEND>
<CIK> 0000905235
<NAME> NEUBERGER&BERMAN INCOME TRUST
<SERIES>
   <NUMBER> 02
   <NAME> NEUBERGER&BERMAN LIMITED MATURITY BOND TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                          14,167
<RECEIVABLES>                                       41
<ASSETS-OTHER>                                      25
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  14,233
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           64
<TOTAL-LIABILITIES>                                 64
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        14,312
<SHARES-COMMON-STOCK>                            1,497
<SHARES-COMMON-PRIOR>                            1,240
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                             31
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (174)
<NET-ASSETS>                                    14,169
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  432
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (52)
<NET-INVESTMENT-INCOME>                            380
<REALIZED-GAINS-CURRENT>                            65
<APPREC-INCREASE-CURRENT>                        (281)
<NET-CHANGE-FROM-OPS>                              164
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (380)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            674
<NUMBER-OF-SHARES-REDEEMED>                      (456)
<SHARES-REINVESTED>                                 39
<NET-CHANGE-IN-ASSETS>                           2,254
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                         (34)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    141
<AVERAGE-NET-ASSETS>                            13,036
<PER-SHARE-NAV-BEGIN>                             9.61
<PER-SHARE-NII>                                    .28
<PER-SHARE-GAIN-APPREC>                          (.14)
<PER-SHARE-DIVIDEND>                             (.28)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.47
<EXPENSE-RATIO>                                    .81<F1>
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
<FN>
<F1>Annualized.
</FN>
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger&Berman Ultra Short Bond Trust Semi Annual Report and is qualified
in its entirety by reference to such document.
</LEGEND>
<CIK> 0000905235
<NAME> NEUBERGER&BERMAN INCOME TRUST
<SERIES>
   <NUMBER> 01
   <NAME> NEUBERGER&BERMAN ULTRA SHORT BOND TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                           5,874
<RECEIVABLES>                                       24
<ASSETS-OTHER>                                      26
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                   5,924
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           45
<TOTAL-LIABILITIES>                                 45
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                         5,936
<SHARES-COMMON-STOCK>                              601
<SHARES-COMMON-PRIOR>                              177
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                           (24)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                          (33)
<NET-ASSETS>                                     5,879
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                  180
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (23)
<NET-INVESTMENT-INCOME>                            157
<REALIZED-GAINS-CURRENT>                          (16)
<APPREC-INCREASE-CURRENT>                         (36)
<NET-CHANGE-FROM-OPS>                              105
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (157)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                            665
<NUMBER-OF-SHARES-REDEEMED>                      (257)
<SHARES-REINVESTED>                                 16
<NET-CHANGE-IN-ASSETS>                           4,139
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          (8)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    104
<AVERAGE-NET-ASSETS>                             5,811
<PER-SHARE-NAV-BEGIN>                             9.85
<PER-SHARE-NII>                                    .27
<PER-SHARE-GAIN-APPREC>                          (.07)
<PER-SHARE-DIVIDEND>                             (.27)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.78
<EXPENSE-RATIO>                                    .77<F1>
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
<FN>
<F1>Annualized.
</FN>
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger&Berman Government Income Trust Semi Annual Report and is qualified
in its entirety by reference to such document.
</LEGEND>
<CIK> 0000905235
<NAME> NEUBERGER&BERMAN INCOME TRUST
<SERIES>
   <NUMBER> 03
   <NAME> NEUBERGER&BERMAN GOVERNMNENT INCOME TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          OCT-31-1996
<PERIOD-END>                               APR-30-1996
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                               0
<RECEIVABLES>                                        0
<ASSETS-OTHER>                                       0
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                       0
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                            0
<TOTAL-LIABILITIES>                                  0
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                             2
<SHARES-COMMON-STOCK>                                0
<SHARES-COMMON-PRIOR>                                6
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            (2)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                             0
<NET-ASSETS>                                         0
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                    1
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                       0
<NET-INVESTMENT-INCOME>                              1
<REALIZED-GAINS-CURRENT>                             1
<APPREC-INCREASE-CURRENT>                            0
<NET-CHANGE-FROM-OPS>                                2
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                          (1)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                        (6)
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                            (59)
<ACCUMULATED-NII-PRIOR>                              0
<ACCUMULATED-GAINS-PRIOR>                          (3)
<OVERDISTRIB-NII-PRIOR>                            (1)<F1>
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                     26
<AVERAGE-NET-ASSETS>                                60
<PER-SHARE-NAV-BEGIN>                             9.42
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                            .09
<PER-SHARE-DIVIDEND>                             (.13)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                               9.51<F2>
<EXPENSE-RATIO>                                    .85<F3>
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
<FN>
<F1>Tax Return of Capital.
<F2>Official liquidation NAV is 9.509.
<F3>Annualized.
</FN>
        

</TABLE>


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