<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-31-2000
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 0
<INVESTMENTS-AT-VALUE> 138,496
<RECEIVABLES> 300
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 138,796
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 224
<TOTAL-LIABILITIES> 224
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 85,517
<SHARES-COMMON-STOCK> 5,328
<SHARES-COMMON-PRIOR> 3,014
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 21,121
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 31,934
<NET-ASSETS> 138,572
<DIVIDEND-INCOME> 56
<INTEREST-INCOME> 325
<OTHER-INCOME> 0
<EXPENSES-NET> (956)
<NET-INVESTMENT-INCOME> (575)
<REALIZED-GAINS-CURRENT> 21,378
<APPREC-INCREASE-CURRENT> 20,889
<NET-CHANGE-FROM-OPS> 41,692
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (5,129)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 5,738
<NUMBER-OF-SHARES-REDEEMED> (3,708)
<SHARES-REINVESTED> 284
<NET-CHANGE-IN-ASSETS> 93,288
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 4,426
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,012
<AVERAGE-NET-ASSETS> 93,370
<PER-SHARE-NAV-BEGIN> 15.02
<PER-SHARE-NII> (.11)
<PER-SHARE-GAIN-APPREC> 12.64
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.54)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 26.01
<EXPENSE-RATIO> 1.02
</TABLE>
