<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-31-2000
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 769,996
<RECEIVABLES> 1,849
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 771,845
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 978
<TOTAL-LIABILITIES> 978
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 629,045
<SHARES-COMMON-STOCK> 30,420
<SHARES-COMMON-PRIOR> 29,177
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 23,748
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 118,074
<NET-ASSETS> 770,867
<DIVIDEND-INCOME> 5,413
<INTEREST-INCOME> 1,947
<OTHER-INCOME> 0
<EXPENSES-NET> (7,456)
<NET-INVESTMENT-INCOME> (96)
<REALIZED-GAINS-CURRENT> 71,142
<APPREC-INCREASE-CURRENT> 73,554
<NET-CHANGE-FROM-OPS> 144,600
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> (3,058)
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 16,163
<NUMBER-OF-SHARES-REDEEMED> (15,070)
<SHARES-REINVESTED> 150
<NET-CHANGE-IN-ASSETS> 179,758
<ACCUMULATED-NII-PRIOR> 2,832
<ACCUMULATED-GAINS-PRIOR> (48,174)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,456
<AVERAGE-NET-ASSETS> 615,238
<PER-SHARE-NAV-BEGIN> 20.26
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 5.19
<PER-SHARE-DIVIDEND> (.11)
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 25.34
<EXPENSE-RATIO> 1.21
</TABLE>
