<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger Berman Millennium Trust Annual Report and is qualified in its
entirety by reference to such document.
</LEGEND>
<CIK> 0000906926
<NAME> NEUBERGER BERMAN EQUITY TRUST
<SERIES>
<NUMBER> 08
<NAME> NEUBERGER BERMAN MILLENNIUM 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> 19,486
<RECEIVABLES> 28
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 19,514
<PAYABLE-FOR-SECURITIES> 0
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 46
<TOTAL-LIABILITIES> 46
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 15,881
<SHARES-COMMON-STOCK> 571
<SHARES-COMMON-PRIOR> 121
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 963
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 2,624
<NET-ASSETS> 19,468
<DIVIDEND-INCOME> 2
<INTEREST-INCOME> 48
<OTHER-INCOME> 0
<EXPENSES-NET> (203)
<NET-INVESTMENT-INCOME> (153)
<REALIZED-GAINS-CURRENT> 1,116
<APPREC-INCREASE-CURRENT> 2,415
<NET-CHANGE-FROM-OPS> 3,378
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> (308)
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 634
<NUMBER-OF-SHARES-REDEEMED> (194)
<SHARES-REINVESTED> 10
<NET-CHANGE-IN-ASSETS> 17,268
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 267
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 0
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 246
<AVERAGE-NET-ASSETS> 11,623
<PER-SHARE-NAV-BEGIN> 18.20
<PER-SHARE-NII> (.27)
<PER-SHARE-GAIN-APPREC> 17.45
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> (1.28)
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 34.10
<EXPENSE-RATIO> 1.75
</TABLE>
