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072 Q000600 0
072 R000600 1
072 S000600 11
072 T000600 0
072 U000600 5
072 V000600 0
072 W000600 329
072 X000600 416
072 Y000600 119
072 Z000600 489
072AA000600 5137
072BB000600 0
072CC010600 10877
072CC020600 0
072DD010600 895
072DD020600 0
072EE000600 2311
073 A010600 0.1200
073 A020600 0.0000
073 B000600 0.3100
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 112481
074 J000600 0
074 K000600 22
074 L000600 0
074 M000600 30
074 N000600 112533
074 O000600 0
<PAGE> PAGE 22
074 P000600 5
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 178
074 S000600 0
074 T000600 112350
074 U010600 8000
074 U020600 0
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074 V020600 0.00
074 W000600 0.0000
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075 A000600 99774
075 B000600 0
076 000600 0.00
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 Semi 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> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 37,100
<RECEIVABLES> 102
<ASSETS-OTHER> 27
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 37,229
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 64
<TOTAL-LIABILITIES> 64
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 34,628
<SHARES-COMMON-STOCK> 2,489
<SHARES-COMMON-PRIOR> 1,004
<ACCUMULATED-NII-CURRENT> 50
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (64)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,551
<NET-ASSETS> 37,165
<DIVIDEND-INCOME> 153
<INTEREST-INCOME> 24
<OTHER-INCOME> 0
<EXPENSES-NET> (119)
<NET-INVESTMENT-INCOME> 58
<REALIZED-GAINS-CURRENT> (46)
<APPREC-INCREASE-CURRENT> 938
<NET-CHANGE-FROM-OPS> 950
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (33)
<DISTRIBUTIONS-OF-GAINS> (133)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,116
<NUMBER-OF-SHARES-REDEEMED> (642)
<SHARES-REINVESTED> 11
<NET-CHANGE-IN-ASSETS> 22,694
<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> 180
<AVERAGE-NET-ASSETS> 23,931
<PER-SHARE-NAV-BEGIN> 14.41
<PER-SHARE-NII> .02
<PER-SHARE-GAIN-APPREC> .60
<PER-SHARE-DIVIDEND> (.02)
<PER-SHARE-DISTRIBUTIONS> (.08)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.93
<EXPENSE-RATIO> .99<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 Guardian Trust Semi Annual Report and is qualified 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> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 1,071,145
<RECEIVABLES> 2,307
<ASSETS-OTHER> 104
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,073,556
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 752
<TOTAL-LIABILITIES> 752
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 946,357
<SHARES-COMMON-STOCK> 75,332
<SHARES-COMMON-PRIOR> 49,401
<ACCUMULATED-NII-CURRENT> 2,337
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 6,771
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 117,339
<NET-ASSETS> 1,072,804
<DIVIDEND-INCOME> 5,447
<INTEREST-INCOME> 3,731
<OTHER-INCOME> 0
<EXPENSES-NET> (3,949)
<NET-INVESTMENT-INCOME> 5,229
<REALIZED-GAINS-CURRENT> 11,141
<APPREC-INCREASE-CURRENT> 25,007
<NET-CHANGE-FROM-OPS> 41,377
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (4,284)
<DISTRIBUTIONS-OF-GAINS> (10,557)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 32,457
<NUMBER-OF-SHARES-REDEEMED> (7,596)
<SHARES-REINVESTED> 1,070
<NET-CHANGE-IN-ASSETS> 389,738
<ACCUMULATED-NII-PRIOR> 1,392
<ACCUMULATED-GAINS-PRIOR> 7,288
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 4,181
<AVERAGE-NET-ASSETS> 872,609
<PER-SHARE-NAV-BEGIN> 13.83
<PER-SHARE-NII> .07
<PER-SHARE-GAIN-APPREC> .57
<PER-SHARE-DIVIDEND> (.07)
<PER-SHARE-DISTRIBUTIONS> (.16)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.24
<EXPENSE-RATIO> .92<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 Manhattan Trust Semi 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> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 47,261
<RECEIVABLES> 72
<ASSETS-OTHER> 26
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 47,359
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 61
<TOTAL-LIABILITIES> 61
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 40,358
<SHARES-COMMON-STOCK> 3,641
<SHARES-COMMON-PRIOR> 2,738
<ACCUMULATED-NII-CURRENT> (65)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,381
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 5,624
<NET-ASSETS> 47,298
<DIVIDEND-INCOME> 138
<INTEREST-INCOME> 13
<OTHER-INCOME> 0
<EXPENSES-NET> (216)
<NET-INVESTMENT-INCOME> (65)
<REALIZED-GAINS-CURRENT> 1,916
<APPREC-INCREASE-CURRENT> (349)
<NET-CHANGE-FROM-OPS> 1,502
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (1,370)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,078
<NUMBER-OF-SHARES-REDEEMED> (286)
<SHARES-REINVESTED> 111
<NET-CHANGE-IN-ASSETS> 11,717
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 895
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 270
<AVERAGE-NET-ASSETS> 40,118
<PER-SHARE-NAV-BEGIN> 12.99
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> .44
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.43)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 12.99
<EXPENSE-RATIO> 1.08<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 Partners Trust Semi 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> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 81,609
<RECEIVABLES> 221
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 81,855
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 67
<TOTAL-LIABILITIES> 67
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 68,033
<SHARES-COMMON-STOCK> 6,216
<SHARES-COMMON-PRIOR> 4,838
<ACCUMULATED-NII-CURRENT> 161
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,603
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 11,991
<NET-ASSETS> 81,788
<DIVIDEND-INCOME> 557
<INTEREST-INCOME> 51
<OTHER-INCOME> 0
<EXPENSES-NET> (324)
<NET-INVESTMENT-INCOME> 284
<REALIZED-GAINS-CURRENT> 3,220
<APPREC-INCREASE-CURRENT> 4,477
<NET-CHANGE-FROM-OPS> 7,981
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (364)
<DISTRIBUTIONS-OF-GAINS> (4,629)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,517
<NUMBER-OF-SHARES-REDEEMED> (533)
<SHARES-REINVESTED> 394
<NET-CHANGE-IN-ASSETS> 20,454
<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> 391
<AVERAGE-NET-ASSETS> 68,505
<PER-SHARE-NAV-BEGIN> 12.68
<PER-SHARE-NII> .05
<PER-SHARE-GAIN-APPREC> 1.39
<PER-SHARE-DIVIDEND> (.07)
<PER-SHARE-DISTRIBUTIONS> (.89)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.16
<EXPENSE-RATIO> .95<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 Genesis Trust Semi 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> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 36,317
<RECEIVABLES> 13
<ASSETS-OTHER> 24
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 36,354
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 64
<TOTAL-LIABILITIES> 64
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 28,650
<SHARES-COMMON-STOCK> 2,699
<SHARES-COMMON-PRIOR> 2,421
<ACCUMULATED-NII-CURRENT> (62)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 193
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,509
<NET-ASSETS> 36,290
<DIVIDEND-INCOME> 159
<INTEREST-INCOME> 10
<OTHER-INCOME> 0
<EXPENSES-NET> (231)
<NET-INVESTMENT-INCOME> (62)
<REALIZED-GAINS-CURRENT> 492
<APPREC-INCREASE-CURRENT> 2,481
<NET-CHANGE-FROM-OPS> 2,911
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (822)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 273
<NUMBER-OF-SHARES-REDEEMED> (59)
<SHARES-REINVESTED> 64
<NET-CHANGE-IN-ASSETS> 5,653
<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> 273
<AVERAGE-NET-ASSETS> 32,595
<PER-SHARE-NAV-BEGIN> 12.65
<PER-SHARE-NII> (.02)
<PER-SHARE-GAIN-APPREC> 1.14
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.32)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.45
<EXPENSE-RATIO> 1.43<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 NYCDC Socially Responsive Trust Semi 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> 6-MOS
<FISCAL-YEAR-END> AUG-31-1996
<PERIOD-END> FEB-29-1996
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 112,481
<RECEIVABLES> 22
<ASSETS-OTHER> 30
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 112,533
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 183
<TOTAL-LIABILITIES> 183
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 84,321
<SHARES-COMMON-STOCK> 8,000
<SHARES-COMMON-PRIOR> 7,219
<ACCUMULATED-NII-CURRENT> 203
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 3,758
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 24,068
<NET-ASSETS> 112,350
<DIVIDEND-INCOME> 670
<INTEREST-INCOME> 116
<OTHER-INCOME> 0
<EXPENSES-NET> (297)
<NET-INVESTMENT-INCOME> 489
<REALIZED-GAINS-CURRENT> 5,137
<APPREC-INCREASE-CURRENT> 10,877
<NET-CHANGE-FROM-OPS> 16,503
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (895)
<DISTRIBUTIONS-OF-GAINS> (2,311)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,084
<NUMBER-OF-SHARES-REDEEMED> (541)
<SHARES-REINVESTED> 238
<NET-CHANGE-IN-ASSETS> 23,807
<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> 416
<AVERAGE-NET-ASSETS> 99,774
<PER-SHARE-NAV-BEGIN> 12.27
<PER-SHARE-NII> .06
<PER-SHARE-GAIN-APPREC> 2.14
<PER-SHARE-DIVIDEND> (.12)
<PER-SHARE-DISTRIBUTIONS> (.31)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 14.04
<EXPENSE-RATIO> .60<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Annualized.
</FN>
</TABLE>
