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<PAGE> PAGE 22
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SIGNATURE RICHARD RUSSELL
TITLE AVP FUND CONTROLLER
<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-31-1996
<PERIOD-END> AUG-31-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 54,165
<RECEIVABLES> 1,528
<ASSETS-OTHER> 19
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 55,712
<PAYABLE-FOR-SECURITIES> 48
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 51
<TOTAL-LIABILITIES> 99
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 53,522
<SHARES-COMMON-STOCK> 3,750
<SHARES-COMMON-PRIOR> 1,004
<ACCUMULATED-NII-CURRENT> 203
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (213)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,101
<NET-ASSETS> 55,613
<DIVIDEND-INCOME> 539
<INTEREST-INCOME> 49
<OTHER-INCOME> 0
<EXPENSES-NET> (358)
<NET-INVESTMENT-INCOME> 230
<REALIZED-GAINS-CURRENT> (313)
<APPREC-INCREASE-CURRENT> 488
<NET-CHANGE-FROM-OPS> 405
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (33)
<DISTRIBUTIONS-OF-GAINS> (133)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,038
<NUMBER-OF-SHARES-REDEEMED> (1,303)
<SHARES-REINVESTED> 11
<NET-CHANGE-IN-ASSETS> 41,142
<ACCUMULATED-NII-PRIOR> 25
<ACCUMULATED-GAINS-PRIOR> 115
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 463
<AVERAGE-NET-ASSETS> 36,291
<PER-SHARE-NAV-BEGIN> 14.41
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> .46
<PER-SHARE-DIVIDEND> (.02)
<PER-SHARE-DISTRIBUTIONS> (.08)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.83
<EXPENSE-RATIO> .99
<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-31-1996
<PERIOD-END> AUG-31-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 1,334,613
<RECEIVABLES> 6,653
<ASSETS-OTHER> 19
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,341,285
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,197
<TOTAL-LIABILITIES> 1,197
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,215,854
<SHARES-COMMON-STOCK> 94,130
<SHARES-COMMON-PRIOR> 49,401
<ACCUMULATED-NII-CURRENT> 3,980
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 21,966
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 98,288
<NET-ASSETS> 1,340,088
<DIVIDEND-INCOME> 15,512
<INTEREST-INCOME> 7,306
<OTHER-INCOME> 0
<EXPENSES-NET> (9,585)
<NET-INVESTMENT-INCOME> 13,233
<REALIZED-GAINS-CURRENT> 24,032
<APPREC-INCREASE-CURRENT> 8,398
<NET-CHANGE-FROM-OPS> 45,663
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (9,999)
<DISTRIBUTIONS-OF-GAINS> (10,557)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 60,492
<NUMBER-OF-SHARES-REDEEMED> (17,232)
<SHARES-REINVESTED> 1,469
<NET-CHANGE-IN-ASSETS> 657,022
<ACCUMULATED-NII-PRIOR> 1,392
<ACCUMULATED-GAINS-PRIOR> 6,187
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 9,654
<AVERAGE-NET-ASSETS> 1,046,330
<PER-SHARE-NAV-BEGIN> 13.83
<PER-SHARE-NII> .16
<PER-SHARE-GAIN-APPREC> .55
<PER-SHARE-DIVIDEND> (.14)
<PER-SHARE-DISTRIBUTIONS> (.16)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.24
<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 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-31-1996
<PERIOD-END> AUG-31-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 50,212
<RECEIVABLES> 42
<ASSETS-OTHER> 19
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 50,273
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 2,075
<TOTAL-LIABILITIES> 2,075
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 44,013
<SHARES-COMMON-STOCK> 3,956
<SHARES-COMMON-PRIOR> 2,738
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,635
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,550
<NET-ASSETS> 48,198
<DIVIDEND-INCOME> 299
<INTEREST-INCOME> 16
<OTHER-INCOME> 0
<EXPENSES-NET> (487)
<NET-INVESTMENT-INCOME> (172)
<REALIZED-GAINS-CURRENT> 1,705
<APPREC-INCREASE-CURRENT> (3,356)
<NET-CHANGE-FROM-OPS> (1,823)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1,370)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,900
<NUMBER-OF-SHARES-REDEEMED> (792)
<SHARES-REINVESTED> 110
<NET-CHANGE-IN-ASSETS> 12,617
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 896
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 566
<AVERAGE-NET-ASSETS> 45,206
<PER-SHARE-NAV-BEGIN> 12.99
<PER-SHARE-NII> (.04)
<PER-SHARE-GAIN-APPREC> (.34)
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.18
<EXPENSE-RATIO> 1.08
<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 TRUSTS
<SERIES>
<NUMBER> 05
<NAME> NEUBERGER&BERMAN PARTNERS TRUST
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-END> AUG-31-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 128,513
<RECEIVABLES> 173
<ASSETS-OTHER> 19
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 128,705
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 254
<TOTAL-LIABILITIES> 254
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 113,840
<SHARES-COMMON-STOCK> 9,592
<SHARES-COMMON-PRIOR> 4,838
<ACCUMULATED-NII-CURRENT> 603
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,282
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,726
<NET-ASSETS> 128,451
<DIVIDEND-INCOME> 1,349
<INTEREST-INCOME> 181
<OTHER-INCOME> 0
<EXPENSES-NET> (804)
<NET-INVESTMENT-INCOME> 726
<REALIZED-GAINS-CURRENT> 7,827
<APPREC-INCREASE-CURRENT> 212
<NET-CHANGE-FROM-OPS> 8,765
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (364)
<DISTRIBUTIONS-OF-GAINS> (4,629)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,647
<NUMBER-OF-SHARES-REDEEMED> (1,287)
<SHARES-REINVESTED> 394
<NET-CHANGE-IN-ASSETS> 67,117
<ACCUMULATED-NII-PRIOR> 241
<ACCUMULATED-GAINS-PRIOR> 3,012
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 913
<AVERAGE-NET-ASSETS> 85,913
<PER-SHARE-NAV-BEGIN> 12.68
<PER-SHARE-NII> .08
<PER-SHARE-GAIN-APPREC> 1.59
<PER-SHARE-DIVIDEND> (.07)
<PER-SHARE-DISTRIBUTIONS> (.89)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.39
<EXPENSE-RATIO> .94
<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> EQUITY MANAGERS TRUST
<SERIES>
<NUMBER> 03
<NAME> NEUBERGER&BERMAN GENESIS TRUST
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 12-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-END> AUG-31-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 65,186
<RECEIVABLES> 91
<ASSETS-OTHER> 19
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 65,296
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 60
<TOTAL-LIABILITIES> 60
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 52,926
<SHARES-COMMON-STOCK> 4,353
<SHARES-COMMON-PRIOR> 2,421
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 764
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11,546
<NET-ASSETS> 65,236
<DIVIDEND-INCOME> 377
<INTEREST-INCOME> 57
<OTHER-INCOME> 0
<EXPENSES-NET> (538)
<NET-INVESTMENT-INCOME> (104)
<REALIZED-GAINS-CURRENT> 1,183
<APPREC-INCREASE-CURRENT> 6,518
<NET-CHANGE-FROM-OPS> 597
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (822)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,095
<NUMBER-OF-SHARES-REDEEMED> (227)
<SHARES-REINVESTED> 64
<NET-CHANGE-IN-ASSETS> 34,599
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 523
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 604
<AVERAGE-NET-ASSETS> 38,973
<PER-SHARE-NAV-BEGIN> 12.65
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> 2.68
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.32)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.99
<EXPENSE-RATIO> 1.38
<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-31-1996
<PERIOD-END> AUG-31-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 125,629
<RECEIVABLES> 39
<ASSETS-OTHER> 24
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 125,692
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 56
<TOTAL-LIABILITIES> 56
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 94,567
<SHARES-COMMON-STOCK> 8,712
<SHARES-COMMON-PRIOR> 7,219
<ACCUMULATED-NII-CURRENT> 887
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8,918
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 21,264
<NET-ASSETS> 125,636
<DIVIDEND-INCOME> 1,556
<INTEREST-INCOME> 278
<OTHER-INCOME> 0
<EXPENSES-NET> (661)
<NET-INVESTMENT-INCOME> 1,173
<REALIZED-GAINS-CURRENT> 10,311
<APPREC-INCREASE-CURRENT> 8,073
<NET-CHANGE-FROM-OPS> 19,557
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (895)
<DISTRIBUTIONS-OF-GAINS> (2,312)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,332
<NUMBER-OF-SHARES-REDEEMED> (1,077)
<SHARES-REINVESTED> 238
<NET-CHANGE-IN-ASSETS> 37,093
<ACCUMULATED-NII-PRIOR> 609
<ACCUMULATED-GAINS-PRIOR> 932
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 885
<AVERAGE-NET-ASSETS> 110,144
<PER-SHARE-NAV-BEGIN> 12.27
<PER-SHARE-NII> .14
<PER-SHARE-GAIN-APPREC> 2.44
<PER-SHARE-DIVIDEND> (.12)
<PER-SHARE-DISTRIBUTIONS> (.31)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.42
<EXPENSE-RATIO> .60
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
