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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 6
072 B000600 196
072 C000600 1054
072 D000600 0
072 E000600 0
072 F000600 0
072 G000600 35
072 H000600 0
072 I000600 9
072 J000600 5
072 K000600 0
072 L000600 28
072 M000600 3
072 N000600 5
072 O000600 1
072 P000600 0
072 Q000600 0
072 R000600 3
072 S000600 11
<PAGE> PAGE 22
072 T000600 0
072 U000600 5
072 V000600 0
072 W000600 445
072 X000600 550
072 Y000600 128
072 Z000600 828
072AA000600 3086
072BB000600 0
072CC010600 16551
072CC020600 0
072DD010600 1442
072DD020600 0
072EE000600 10729
073 A010600 0.1600
073 A020600 0.0000
073 B000600 1.1900
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 154855
074 J000600 0
074 K000600 14
074 L000600 156
074 M000600 19
074 N000600 155044
074 O000600 0
074 P000600 6
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 112
074 S000600 0
074 T000600 154926
074 U010600 10099
074 U020600 0
074 V010600 15.34
074 V020600 0.00
074 W000600 0.0000
074 X000600 2
074 Y000600 0
075 A000600 141623
075 B000600 0
076 000600 0.00
<PAGE> PAGE 23
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-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 107,555
<RECEIVABLES> 253
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 107,823
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 411
<TOTAL-LIABILITIES> 411
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 89,819
<SHARES-COMMON-STOCK> 5,956
<SHARES-COMMON-PRIOR> 3,750
<ACCUMULATED-NII-CURRENT> (21)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 938
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 16,676
<NET-ASSETS> 107,412
<DIVIDEND-INCOME> 425
<INTEREST-INCOME> 39
<OTHER-INCOME> 0
<EXPENSES-NET> 399
<NET-INVESTMENT-INCOME> 65
<REALIZED-GAINS-CURRENT> 1151
<APPREC-INCREASE-CURRENT> 14,575
<NET-CHANGE-FROM-OPS> 15,791
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (289)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 3,521
<NUMBER-OF-SHARES-REDEEMED> (1,332)
<SHARES-REINVESTED> 17
<NET-CHANGE-IN-ASSETS> 51,799
<ACCUMULATED-NII-PRIOR> 203
<ACCUMULATED-GAINS-PRIOR> (213)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 466
<AVERAGE-NET-ASSETS> 83,340
<PER-SHARE-NAV-BEGIN> 14.83
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 3.26
<PER-SHARE-DIVIDEND> (.06)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 18.03
<EXPENSE-RATIO> .97<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 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> 6-MOS
<FISCAL-YEAR-END> AUG-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 1,767,445
<RECEIVABLES> 2,195
<ASSETS-OTHER> 14
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 1,769,654
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 3,227
<TOTAL-LIABILITIES> 3,227
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,393,244
<SHARES-COMMON-STOCK> 105,192
<SHARES-COMMON-PRIOR> 94,130
<ACCUMULATED-NII-CURRENT> (163)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 24,677
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 348,669
<NET-ASSETS> 1,766,427
<DIVIDEND-INCOME> 8,862
<INTEREST-INCOME> 1,737
<OTHER-INCOME> 0
<EXPENSES-NET> (6,942)
<NET-INVESTMENT-INCOME> 3,657
<REALIZED-GAINS-CURRENT> 25,531
<APPREC-INCREASE-CURRENT> 250,381
<NET-CHANGE-FROM-OPS> 279,569
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (7,800)
<DISTRIBUTIONS-OF-GAINS> (22,820)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 20,162
<NUMBER-OF-SHARES-REDEEMED> (11,028)
<SHARES-REINVESTED> 1,928
<NET-CHANGE-IN-ASSETS> 426,339
<ACCUMULATED-NII-PRIOR> 3,980
<ACCUMULATED-GAINS-PRIOR> 21,966
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,942
<AVERAGE-NET-ASSETS> 1,561,602
<PER-SHARE-NAV-BEGIN> 14.24
<PER-SHARE-NII> .04
<PER-SHARE-GAIN-APPREC> 2.82
<PER-SHARE-DIVIDEND> (.08)
<PER-SHARE-DISTRIBUTIONS> (.23)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.79
<EXPENSE-RATIO> .90<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-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 42,550
<RECEIVABLES> 81
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 42,646
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 179
<TOTAL-LIABILITIES> 179
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 32,908
<SHARES-COMMON-STOCK> 3,099
<SHARES-COMMON-PRIOR> 3,956
<ACCUMULATED-NII-CURRENT> (107)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 2,173
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 7,493
<NET-ASSETS> 42,467
<DIVIDEND-INCOME> 116
<INTEREST-INCOME> 14
<OTHER-INCOME> 0
<EXPENSES-NET> 237
<NET-INVESTMENT-INCOME> (107)
<REALIZED-GAINS-CURRENT> 3,412
<APPREC-INCREASE-CURRENT> 4,943
<NET-CHANGE-FROM-OPS> 8,248
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (2,874)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 544
<NUMBER-OF-SHARES-REDEEMED> (1,627)
<SHARES-REINVESTED> 226
<NET-CHANGE-IN-ASSETS> (5,731)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 1,635
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 281
<AVERAGE-NET-ASSETS> 43,471
<PER-SHARE-NAV-BEGIN> 12.18
<PER-SHARE-NII> (.03)
<PER-SHARE-GAIN-APPREC> 2.47
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.92)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 13.70
<EXPENSE-RATIO> 1.10<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-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 267,185
<RECEIVABLES> 1,276
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 268,476
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 264
<TOTAL-LIABILITIES> 264
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 227,302
<SHARES-COMMON-STOCK> 16,991
<SHARES-COMMON-PRIOR> 9,592
<ACCUMULATED-NII-CURRENT> 148
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 7,182
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 33,580
<NET-ASSETS> 268,212
<DIVIDEND-INCOME> 1,131
<INTEREST-INCOME> 198
<OTHER-INCOME> 0
<EXPENSES-NET> (822)
<NET-INVESTMENT-INCOME> 507
<REALIZED-GAINS-CURRENT> 8,593
<APPREC-INCREASE-CURRENT> 25,854
<NET-CHANGE-FROM-OPS> 34,954
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (962)
<DISTRIBUTIONS-OF-GAINS> (7,693)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 8,048
<NUMBER-OF-SHARES-REDEEMED> (1,187)
<SHARES-REINVESTED> 538
<NET-CHANGE-IN-ASSETS> 139,761
<ACCUMULATED-NII-PRIOR> 603
<ACCUMULATED-GAINS-PRIOR> 6,282
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 894
<AVERAGE-NET-ASSETS> 180,928
<PER-SHARE-NAV-BEGIN> 13.39
<PER-SHARE-NII> .03
<PER-SHARE-GAIN-APPREC> 3.09
<PER-SHARE-DIVIDEND> (.08)
<PER-SHARE-DISTRIBUTIONS> (.64)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.79
<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 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-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 135,866
<RECEIVABLES> 500
<ASSETS-OTHER> 15
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 136,381
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 279
<TOTAL-LIABILITIES> 279
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 115,677
<SHARES-COMMON-STOCK> 8,182
<SHARES-COMMON-PRIOR> 4,353
<ACCUMULATED-NII-CURRENT> (117)
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 295
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 20,247
<NET-ASSETS> 136,102
<DIVIDEND-INCOME> 378
<INTEREST-INCOME> 135
<OTHER-INCOME> 0
<EXPENSES-NET> 630
<NET-INVESTMENT-INCOME> (117)
<REALIZED-GAINS-CURRENT> 377
<APPREC-INCREASE-CURRENT> 8,701
<NET-CHANGE-FROM-OPS> 8,961
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (846)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 4,597
<NUMBER-OF-SHARES-REDEEMED> (819)
<SHARES-REINVESTED> 51
<NET-CHANGE-IN-ASSETS> 70,866
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 764
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 646
<AVERAGE-NET-ASSETS> 97,129
<PER-SHARE-NAV-BEGIN> 14.99
<PER-SHARE-NII> (.01)
<PER-SHARE-GAIN-APPREC> 1.79
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (.14)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 16.63
<EXPENSE-RATIO> 1.31<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-31-1997
<PERIOD-END> FEB-28-1997
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 154,855
<RECEIVABLES> 170
<ASSETS-OTHER> 19
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 155,044
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 118
<TOTAL-LIABILITIES> 118
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 115,563
<SHARES-COMMON-STOCK> 10,099
<SHARES-COMMON-PRIOR> 8,712
<ACCUMULATED-NII-CURRENT> 273
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 1,275
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 37,815
<NET-ASSETS> 154,926
<DIVIDEND-INCOME> 1,054
<INTEREST-INCOME> 196
<OTHER-INCOME> 0
<EXPENSES-NET> (422)
<NET-INVESTMENT-INCOME> 828
<REALIZED-GAINS-CURRENT> 3,086
<APPREC-INCREASE-CURRENT> 16,551
<NET-CHANGE-FROM-OPS> 20,465
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (1,442)
<DISTRIBUTIONS-OF-GAINS> (10,729)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,316
<NUMBER-OF-SHARES-REDEEMED> (714)
<SHARES-REINVESTED> 812
<NET-CHANGE-IN-ASSETS> 29,290
<ACCUMULATED-NII-PRIOR> 887
<ACCUMULATED-GAINS-PRIOR> 8,918
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 550
<AVERAGE-NET-ASSETS> 141,623
<PER-SHARE-NAV-BEGIN> 14.42
<PER-SHARE-NII> .09
<PER-SHARE-GAIN-APPREC> 2.18
<PER-SHARE-DIVIDEND> (.16)
<PER-SHARE-DISTRIBUTIONS> (1.19)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 15.34
<EXPENSE-RATIO> .60<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Annualized.
</FN>
</TABLE>
