NEUBERGER & BERMAN EQUITY TRUST
NSAR-B, 1995-10-27
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<PAGE>      PAGE  1
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074 E000500        0
074 F000500        0
074 G000500        0
074 H000500        0
074 I000500    61245
074 J000500        0
074 K000500       13
074 L000500      124
074 M000500       29
074 N000500    61411
074 O000500        0
074 P000500       20
074 Q000500        0
074 R010500        0
074 R020500        0
074 R030500        0
074 R040500       57
074 S000500        0
074 T000500    61334
074 U010500     4838
074 U020500        0
074 V010500    12.68
074 V020500     0.00
074 W000500   0.0000
<PAGE>      PAGE  20
074 X000500       50
074 Y000500        0
075 A000500    32613
075 B000500        0
076  000500     0.00
013 A000601 COOPERS & LYBRAND L.L.P.
013 B010601 BOSTON
013 B020601 MA
013 B030601 02109
028 A010600      1621
028 A020600         0
028 A030600         0
028 A040600      1457
028 B010600      1925
028 B020600         0
028 B030600         0
028 B040600      1266
028 C010600      1877
028 C020600         0
028 C030600         0
028 C040600      1190
028 D010600      1614
028 D020600         0
028 D030600         0
028 D040600      1069
028 E010600      2639
028 E020600         0
028 E030600         0
028 E040600      1317
028 F010600      1746
028 F020600         0
028 F030600         0
028 F040600      1211
028 G010600     11422
028 G020600         0
028 G030600         0
028 G040600      7510
028 H000600         0
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
<PAGE>      PAGE  21
070 G020600 N
070 H010600 Y
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
070 O020600 N
070 P010600 N
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 Y
070 R020600 N
071 A000600         0
071 B000600         0
071 C000600         0
071 D000600    0
072 A000600 12
072 B000600      251
072 C000600     1114
072 D000600        0
072 E000600        0
072 F000600        0
072 G000600       37
072 H000600        0
072 I000600        9
072 J000600       10
072 K000600        0
072 L000600       28
072 M000600        7
072 N000600       13
072 O000600        1
072 P000600        0
072 Q000600        0
072 R000600        4
072 S000600       10
072 T000600        0
072 U000600       10
072 V000600        0
072 W000600      499
072 X000600      628
<PAGE>      PAGE  22
072 Y000600      186
072 Z000600      923
072AA000600     1705
072BB000600        0
072CC010600    11139
072CC020600        0
072DD010600      740
072DD020600        0
072EE000600        0
073 A010600   0.1100
073 A020600   0.0000
073 B000600   0.0000
073 C000600   0.0000
074 A000600        0
074 B000600        0
074 C000600        0
074 D000600        0
074 E000600        0
074 F000600        0
074 G000600        0
074 H000600        0
074 I000600    88559
074 J000600        0
074 K000600        0
074 L000600        8
074 M000600       34
074 N000600    88601
074 O000600        0
074 P000600       23
074 Q000600        0
074 R010600        0
074 R020600        0
074 R030600        0
074 R040600       35
074 S000600        0
074 T000600    88543
074 U010600     7219
074 U020600        0
074 V010600    12.27
074 V020600     0.00
074 W000600   0.0000
074 X000600        2
074 Y000600        0
075 A000600    73460
075 B000600        0
076  000600     0.00
SIGNATURE   RICHARD RUSSELL                              
TITLE       TREASURER           
 


<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger&Berman Focus Trust Annual Report and is qualified in its
entirety by reference to such document.
</LEGEND>
<CIK> 0000906926
<NAME> NEUBERGER&BERMAN EQUITY TRUST
<SERIES>
   <NUMBER> 04
   <NAME> NEUBERGER&BERMAN FOCUS TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                          14,427
<RECEIVABLES>                                       88
<ASSETS-OTHER>                                      29
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  14,544
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           73
<TOTAL-LIABILITIES>                                 73
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        12,718
<SHARES-COMMON-STOCK>                            1,004
<SHARES-COMMON-PRIOR>                              140
<ACCUMULATED-NII-CURRENT>                           25
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            115
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         1,613
<NET-ASSETS>                                    14,471
<DIVIDEND-INCOME>                                   67
<INTEREST-INCOME>                                    9
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                    (44)
<NET-INVESTMENT-INCOME>                             32
<REALIZED-GAINS-CURRENT>                           111
<APPREC-INCREASE-CURRENT>                        1,542
<NET-CHANGE-FROM-OPS>                            1,685
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (11)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          1,054
<NUMBER-OF-SHARES-REDEEMED>                      (191)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                          12,884
<ACCUMULATED-NII-PRIOR>                              4
<ACCUMULATED-GAINS-PRIOR>                          (2)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    137
<AVERAGE-NET-ASSETS>                             4,672
<PER-SHARE-NAV-BEGIN>                            11.36
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                           3.05
<PER-SHARE-DIVIDEND>                             (.05)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              14.41
<EXPENSE-RATIO>                                    .96
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger&Berman Guardian Trust Annual Report and is qualified in its
entirety by reference to such document.
</LEGEND>
<CIK> 0000906926
<NAME> NEUBERGER&BERMAN EQUITY TRUST
<SERIES>
   <NUMBER> 01
   <NAME> NEUBERGER&BERMAN GUARDIAN TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                         679,569
<RECEIVABLES>                                    3,940
<ASSETS-OTHER>                                      28
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                 683,537
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          471
<TOTAL-LIABILITIES>                                471
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                       583,155
<SHARES-COMMON-STOCK>                           49,401
<SHARES-COMMON-PRIOR>                            6,723
<ACCUMULATED-NII-CURRENT>                        1,392
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          6,187
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        92,332
<NET-ASSETS>                                   683,066
<DIVIDEND-INCOME>                                4,467
<INTEREST-INCOME>                                1,874
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                 (2,531)
<NET-INVESTMENT-INCOME>                          3,810
<REALIZED-GAINS-CURRENT>                         5,025
<APPREC-INCREASE-CURRENT>                       88,893
<NET-CHANGE-FROM-OPS>                           97,728
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                      (2,568)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                         52,405
<NUMBER-OF-SHARES-REDEEMED>                    (9,940)
<SHARES-REINVESTED>                                213
<NET-CHANGE-IN-ASSETS>                         607,301
<ACCUMULATED-NII-PRIOR>                            150
<ACCUMULATED-GAINS-PRIOR>                         (97)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                  2,703
<AVERAGE-NET-ASSETS>                           282,669
<PER-SHARE-NAV-BEGIN>                            11.27
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                           2.55
<PER-SHARE-DIVIDEND>                             (.12)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              13.83
<EXPENSE-RATIO>                                    .90
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger&Berman Manhattan Trust Annual Report and is qualified in its
entirety by reference to such document.
</LEGEND>
<CIK> 0000906926
<NAME> NEUBERGER&BERMAN EQUITY TRUST
<SERIES>
   <NUMBER> 02
   <NAME> NEUBERGER&BERMAN MANHATTAN TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                          35,492
<RECEIVABLES>                                       97
<ASSETS-OTHER>                                      29
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  35,618
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           37
<TOTAL-LIABILITIES>                                 37
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        28,773
<SHARES-COMMON-STOCK>                            2,738
<SHARES-COMMON-PRIOR>                            1,165
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            835
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         5,973
<NET-ASSETS>                                    35,581
<DIVIDEND-INCOME>                                  206
<INTEREST-INCOME>                                   16
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (228)
<NET-INVESTMENT-INCOME>                            (6)
<REALIZED-GAINS-CURRENT>                           977
<APPREC-INCREASE-CURRENT>                        5,693
<NET-CHANGE-FROM-OPS>                            6,664
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (17)
<DISTRIBUTIONS-OF-GAINS>                          (69)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          2,196
<NUMBER-OF-SHARES-REDEEMED>                      (632)
<SHARES-REINVESTED>                                  9
<NET-CHANGE-IN-ASSETS>                          23,503
<ACCUMULATED-NII-PRIOR>                              8
<ACCUMULATED-GAINS-PRIOR>                         (47)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    315
<AVERAGE-NET-ASSETS>                            21,635
<PER-SHARE-NAV-BEGIN>                            10.37
<PER-SHARE-NII>                                      0
<PER-SHARE-GAIN-APPREC>                           2.67
<PER-SHARE-DIVIDEND>                             (.01)
<PER-SHARE-DISTRIBUTIONS>                        (.04)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.99
<EXPENSE-RATIO>                                   1.06
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger&Berman Partners Trust Annual Report and is qualified in its
entirety by reference to such document.
</LEGEND>
<CIK> 0000906926
<NAME> NEUBERGER&BERMAN EQUITY TRUST
<SERIES>
   <NUMBER> 05
   <NAME> NEUBERGER&BERMAN PARTNERS TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                          61,245
<RECEIVABLES>                                      137
<ASSETS-OTHER>                                      29
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  61,411
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           77
<TOTAL-LIABILITIES>                                 77
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        50,567
<SHARES-COMMON-STOCK>                            4,838
<SHARES-COMMON-PRIOR>                              447
<ACCUMULATED-NII-CURRENT>                          241
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                          3,012
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         7,514
<NET-ASSETS>                                    61,334
<DIVIDEND-INCOME>                                  504
<INTEREST-INCOME>                                   62
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (301)
<NET-INVESTMENT-INCOME>                            265
<REALIZED-GAINS-CURRENT>                         3,113
<APPREC-INCREASE-CURRENT>                        7,316
<NET-CHANGE-FROM-OPS>                           10,694
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                         (32)
<DISTRIBUTIONS-OF-GAINS>                         (130)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          4,960
<NUMBER-OF-SHARES-REDEEMED>                      (584)
<SHARES-REINVESTED>                                 15
<NET-CHANGE-IN-ASSETS>                          56,621
<ACCUMULATED-NII-PRIOR>                              8
<ACCUMULATED-GAINS-PRIOR>                           38
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    403
<AVERAGE-NET-ASSETS>                            32,613
<PER-SHARE-NAV-BEGIN>                            10.54
<PER-SHARE-NII>                                    .05
<PER-SHARE-GAIN-APPREC>                           2.19
<PER-SHARE-DIVIDEND>                             (.02)
<PER-SHARE-DISTRIBUTIONS>                        (.08)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.68
<EXPENSE-RATIO>                                    .92
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger&Berman Genesis Trust Annual Report and is qualified in its
entirety by reference to such document.
</LEGEND>
<CIK> 0000906926
<NAME> NEUBERGER&BERMAN EQUITY TRUST
<SERIES>
   <NUMBER> 03
   <NAME> NEUBERGER&BERMAN GENESIS TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                          30,625
<RECEIVABLES>                                       12
<ASSETS-OTHER>                                      29
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  30,666
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           29
<TOTAL-LIABILITIES>                                 29
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        25,086
<SHARES-COMMON-STOCK>                            2,421
<SHARES-COMMON-PRIOR>                              291
<ACCUMULATED-NII-CURRENT>                            0
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            523
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         5,028
<NET-ASSETS>                                    30,637
<DIVIDEND-INCOME>                                  248
<INTEREST-INCOME>                                   12
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (312)
<NET-INVESTMENT-INCOME>                           (52)
<REALIZED-GAINS-CURRENT>                           482
<APPREC-INCREASE-CURRENT>                        4,936
<NET-CHANGE-FROM-OPS>                            5,366
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                            0
<DISTRIBUTIONS-OF-GAINS>                          (11)
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          2,223
<NUMBER-OF-SHARES-REDEEMED>                       (94)
<SHARES-REINVESTED>                                  1
<NET-CHANGE-IN-ASSETS>                          27,550
<ACCUMULATED-NII-PRIOR>                            (2)
<ACCUMULATED-GAINS-PRIOR>                            5
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    381
<AVERAGE-NET-ASSETS>                            21,921
<PER-SHARE-NAV-BEGIN>                            10.59
<PER-SHARE-NII>                                  (.01)
<PER-SHARE-GAIN-APPREC>                           2.08
<PER-SHARE-DIVIDEND>                                 0
<PER-SHARE-DISTRIBUTIONS>                        (.01)
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.65
<EXPENSE-RATIO>                                   1.42
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>

<TABLE> <S> <C>

<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger&Berman NYCDC Socially Responsive Trust Annual Report and is
qualified in its entirety by reference to such document.
</LEGEND>
<CIK> 0000906926
<NAME> NEUBERGER&BERMAN EQUITY TRUST
<SERIES>
   <NUMBER> 06
   <NAME> NEUBERGER&BERMAN NYCDC SOCIALLY RESPONSIVE TRUST
<MULTIPLIER> 1,000
       
<S>                             <C>
<PERIOD-TYPE>                   12-MOS
<FISCAL-YEAR-END>                          AUG-31-1995
<PERIOD-END>                               AUG-31-1995
<INVESTMENTS-AT-COST>                                0
<INVESTMENTS-AT-VALUE>                          88,559
<RECEIVABLES>                                     (11)
<ASSETS-OTHER>                                      34
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  88,582
<PAYABLE-FOR-SECURITIES>                             0
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                           39
<TOTAL-LIABILITIES>                                 39
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        73,811
<SHARES-COMMON-STOCK>                            7,219
<SHARES-COMMON-PRIOR>                           68,586
<ACCUMULATED-NII-CURRENT>                          609
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                            932
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                        13,191
<NET-ASSETS>                                    88,543
<DIVIDEND-INCOME>                                1,114
<INTEREST-INCOME>                                  251
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                   (442)
<NET-INVESTMENT-INCOME>                            923
<REALIZED-GAINS-CURRENT>                         1,705
<APPREC-INCREASE-CURRENT>                       11,139
<NET-CHANGE-FROM-OPS>                           13,767
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        (740)
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                          1,994
<NUMBER-OF-SHARES-REDEEMED>                    (1,424)
<SHARES-REINVESTED>                                 75
<NET-CHANGE-IN-ASSETS>                          19,957
<ACCUMULATED-NII-PRIOR>                            426
<ACCUMULATED-GAINS-PRIOR>                        (772)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                                0
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    628
<AVERAGE-NET-ASSETS>                            73,460
<PER-SHARE-NAV-BEGIN>                            10.43
<PER-SHARE-NII>                                    .13
<PER-SHARE-GAIN-APPREC>                           1.82
<PER-SHARE-DIVIDEND>                             (.11)
<PER-SHARE-DISTRIBUTIONS>                            0
<RETURNS-OF-CAPITAL>                                 0
<PER-SHARE-NAV-END>                              12.27
<EXPENSE-RATIO>                                    .60
<AVG-DEBT-OUTSTANDING>                               0
<AVG-DEBT-PER-SHARE>                                 0
        

</TABLE>


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