<PAGE> PAGE 1
000 A000000 02/28/95
000 C000000 0000910055
000 D000000 N
000 E000000 NF
000 F000000 Y
000 G000000 N
000 H000000 N
000 I000000 3.0
000 J000000 A
001 A000000 EQUITY MANAGERS TRUST
001 B000000 811-7910
001 C000000 2124768800
002 A000000 605 THIRD AVENUE
002 B000000 NEW YORK
002 C000000 NY
002 D010000 10158
002 D020000 0006
003 000000 N
004 000000 N
005 000000 N
006 000000 N
007 A000000 Y
007 B000000 6
007 C010100 1
007 C020100 NEUBERGER&BERMAN GUARDIAN PORTFOLIO
007 C030100 N
007 C010200 2
007 C020200 NEUBERGER&BERMAN MANHATTAN PORTFOLIO
007 C030200 N
007 C010300 3
007 C020300 NEUBERGER&BERMAN GENESIS PORTFOLIO
007 C030300 N
007 C010400 4
007 C020400 NEUBERGER&BERMAN FOCUS PORTFOLIO
007 C030400 N
007 C010500 5
007 C020500 NEUBERGER&BERMAN PARTNERS PORTFOLIO
007 C030500 N
007 C010600 6
007 C020600 NEUBERGER&BERMAN SOCIALLY RESPONSIVE PORT.
007 C030600 N
007 C010700 7
007 C010800 8
007 C010900 9
007 C011000 10
007 C011100 11
007 C011200 12
007 C011300 13
007 C011400 14
007 C011500 15
007 C011600 16
<PAGE> PAGE 2
007 C011700 17
007 C011800 18
007 C011900 19
007 C012000 20
007 C012100 21
007 C012200 22
007 C012300 23
007 C012400 24
007 C012500 25
007 C012600 26
007 C012700 27
007 C012800 28
007 C012900 29
007 C013000 30
007 C013100 31
007 C013200 32
007 C013300 33
007 C013400 34
007 C013500 35
007 C013600 36
007 C013700 37
007 C013800 38
007 C013900 39
007 C014000 40
007 C014100 41
007 C014200 42
007 C014300 43
007 C014400 44
007 C014500 45
007 C014600 46
007 C014700 47
007 C014800 48
007 C014900 49
007 C015000 50
007 C015100 51
007 C015200 52
007 C015300 53
007 C015400 54
007 C015500 55
007 C015600 56
007 C015700 57
007 C015800 58
007 C015900 59
007 C016000 60
007 C016100 61
007 C016200 62
007 C016300 63
007 C016400 64
007 C016500 65
007 C016600 66
007 C016700 67
<PAGE> PAGE 3
007 C016800 68
007 C016900 69
007 C017000 70
007 C017100 71
007 C017200 72
007 C017300 73
007 C017400 74
007 C017500 75
007 C017600 76
007 C017700 77
007 C017800 78
007 C017900 79
007 C018000 80
007 C018100 81
007 C018200 82
007 C018300 83
007 C018400 84
007 C018500 85
007 C018600 86
007 C018700 87
007 C018800 88
007 C018900 89
007 C019000 90
008 A00AA01 NEUBERGER&BERMAN MANAGEMENT INCORPORATED
008 B00AA01 A
008 C00AA01 801-8259
008 D01AA01 NEW YORK
008 D02AA01 NY
008 D03AA01 10158
008 D04AA01 0006
008 A00AA02 NEUBERGER&BERMAN, L.P.
008 B00AA02 S
008 C00AA02 801-3908
008 D01AA02 NEW YORK
008 D02AA02 NY
008 D03AA02 10158
008 D04AA02 3698
014 A00AA01 NEUBERGER&BERMAN, L.P.
014 B00AA01 8-1068
014 A00AA02 NEUBERGER&BERMAN MANAGEMENT INCORPORATED
014 B00AA02 8-16229
015 A00AA01 WESTPAC BANKING CORPORATION
015 B00AA01 S
015 C01AA01 SYDNEY
015 D01AA01 AUSTRALIA
015 E04AA01 X
015 A00AA02 GIROCREDIT BANK AKTIENGESELLSCHAFT DER SPARKA
015 B00AA02 S
015 C01AA02 VIENNA
015 D01AA02 AUSTRIA
015 E04AA02 X
<PAGE> PAGE 4
015 A00AA03 GENERALE BANK
015 B00AA03 S
015 C01AA03 BRUSSELS
015 D01AA03 BELGIUM
015 E04AA03 X
015 A00AA04 CANADA TRUSTCO MORTGAGE COMPANY
015 B00AA04 S
015 C01AA04 TORONTO
015 D01AA04 CANADA
015 E04AA04 X
015 A00AA05 DEN DANSKE BANK
015 B00AA05 S
015 C01AA05 COPENHAGEN
015 D01AA05 DENMARK
015 E04AA05 X
015 A00AA06 KANSALLIS-OSAKE-PANKKI
015 B00AA06 S
015 C01AA06 HELSINKI
015 D01AA06 FINLAND
015 E04AA06 X
015 A00AA07 BANQUE PARIBAS
015 B00AA07 S
015 C01AA07 PARIS
015 D01AA07 FRANCE
015 E04AA07 X
015 A00AA08 BERLINER HANDELS-UND FRANKFURTER BANK
015 B00AA08 S
015 C01AA08 FRANKFURT
015 D01AA08 GERMANY
015 E04AA08 X
015 A00AA09 STANDARD CHARTERED BANK
015 B00AA09 S
015 C01AA09 HONG KONG
015 D01AA09 HONG KONG
015 E04AA09 X
015 A00AA10 BANK OF IRELAND
015 B00AA10 S
015 C01AA10 DUBLIN
015 D01AA10 IRELAND
015 E04AA10 X
015 A00AA11 MORGAN GUARANTY TRUST COMPANY
015 B00AA11 S
015 C01AA11 MILAN
015 D01AA11 ITALY
015 E04AA11 X
015 A00AA12 SUMITOMO TRUST & BANKING CO. LTD.
015 B00AA12 S
015 C01AA12 TOKYO
015 D01AA12 JAPAN
015 E04AA12 X
015 A00AA13 CITIBANK, N.A., MEXICO
<PAGE> PAGE 5
015 B00AA13 S
015 C01AA13 MEXICO CITY
015 D01AA13 MEXICO
015 E04AA13 X
015 A00AA14 MEESPIERSON N.V.
015 B00AA14 S
015 C01AA14 AMSTERDAM
015 D01AA14 NETHERLANDS
015 E04AA14 X
015 A00AA15 ANZ BANKING GROUP (NEW ZEALAND) LIMITED
015 B00AA15 S
015 C01AA15 WELLINGTON
015 D01AA15 NEW ZEALAND
015 E04AA15 X
015 A00AA16 CHRISTIANIA BANK OG KREDITKASSE
015 B00AA16 S
015 C01AA16 OSLO
015 D01AA16 NORWAY
015 E04AA16 X
015 A00AA17 BANCO SANTANDER, S.A.
015 B00AA17 S
015 C01AA17 MADRID
015 D01AA17 SPAIN
015 E04AA17 X
015 A00AA18 SKANDINAVISKA ENSKILDA BANKEN
015 B00AA18 S
015 C01AA18 STOCKHOLM
015 D01AA18 SWEDEN
015 E04AA18 X
015 A00AA19 UNION BANK OF SWITZERLAND
015 B00AA19 S
015 C01AA19 ZURICH
015 D01AA19 SWITZERLAND
015 E04AA19 X
015 A00AA20 STATE STREET LONDON LIMITED
015 B00AA20 S
015 C01AA20 LONDON
015 D01AA20 UNITED KINGDOM
015 E04AA20 X
015 A00AA21 EURO-CLEAR
015 B00AA21 S
015 C01AA21 LUXEMBOURG
015 D01AA21 LUXEMBOURG
015 E04AA21 X
015 A00AA22 EURO-CLEAR
015 B00AA22 S
015 C01AA22 MALAYSIA
015 D01AA22 MALAYSIA
015 E04AA22 X
015 A00AA23 EURO-CLEAR
015 B00AA23 S
<PAGE> PAGE 6
015 C01AA23 PORTUGAL
015 D01AA23 PORTUGAL
015 E04AA23 X
015 A00AA24 EURO-CLEAR
015 B00AA24 S
015 C01AA24 SINGAPORE
015 D01AA24 SINGAPORE
015 E04AA24 X
015 A00AA25 STATE STREET BANK & TRUST COMPANY
015 B00AA25 C
015 C01AA25 BOSTON
015 C02AA25 MA
015 C03AA25 02110
015 E01AA25 X
015 A00AA26 EURO-CLEAR LONDON, C/O MORGAN GUARANTY CO.
015 B00AA26 S
015 C01AA26 LONDON
015 D01AA26 UNITED KINGDOM
015 D02AA26 EC2V6BR
015 E04AA26 X
018 00AA00 Y
019 A00AA00 Y
019 B00AA00 45
019 C00AA00 NEUBBERMAN
020 A000001 NEUBERGER&BERMAN, L.P.
020 B000001 13-5521910
020 C000001 3274
020 A000002 GOLDMAN, SACHS & CO.
020 B000002 13-5108880
020 C000002 98
020 A000003 NATWEST SECURITIES CORPORATION
020 B000003 13-3312778
020 C000003 81
020 A000004 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
020 B000004 13-2741729
020 C000004 68
020 A000005 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
020 B000005 13-5674085
020 C000005 60
020 A000006 LEHMAN BROTHERS INC.
020 B000006 13-2518466
020 C000006 59
020 A000007 RBC DOMINION SECURITIES CORP.
020 B000007 13-5033225
020 C000007 56
020 A000008 MONTGOMERY SECURITIES
020 B000008 94-1701676
020 C000008 55
020 A000009 BERNSTEIN (SANFORD C.) & CO., INC.
020 B000009 13-2625874
020 C000009 52
<PAGE> PAGE 7
020 A000010 JEFFERIES & COMPANY, INC.
020 B000010 95-2622900
020 C000010 48
021 000000 4433
022 A000001 HSBC SECURITIES,INC.
022 B000001 13-2650272
022 C000001 598977
022 D000001 545223
022 A000002 EXXON CREDIT CORP.
022 B000002 13-3072653
022 C000002 834365
022 D000002 0
022 A000003 GENERAL ELECTRIC CAPITAL CORP.
022 B000003 13-1500700
022 C000003 802780
022 D000003 0
022 A000004 GOLDMAN, SACHS & CO.
022 B000004 13-5108880
022 C000004 82423
022 D000004 30052
022 A000005 FIRST BOSTON CORPORATION (THE)
022 B000005 13-5659485
022 C000005 56448
022 D000005 21064
022 A000006 DONALDSON, LUFKIN & JENRETTE SECURITIES CORP.
022 B000006 13-2741729
022 C000006 10661
022 D000006 19691
022 A000007 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
022 B000007 13-5674085
022 C000007 11664
022 D000007 17953
022 A000008 SMITH BARNEY
022 B000008 13-1912900
022 C000008 16638
022 D000008 8588
022 A000009 MORGAN STANLEY & CO., INC.
022 B000009 13-2655998
022 C000009 13916
022 D000009 8206
022 A000010 NATWEST SECURITIES CORPORATION
022 B000010 13-3312778
022 C000010 10556
022 D000010 6230
023 C000000 2517979
023 D000000 716488
026 A000000 N
026 B000000 Y
026 C000000 N
026 D000000 Y
026 E000000 N
<PAGE> PAGE 8
026 F000000 Y
026 G010000 N
026 G020000 N
026 H000000 N
027 000000 Y
029 00AA00 N
030 A00AA00 0
030 B00AA00 0.00
030 C00AA00 0.00
031 A00AA00 0
031 B00AA00 0
032 00AA00 0
033 00AA00 0
034 00AA00 N
035 00AA00 0
036 B00AA00 0
037 00AA00 N
038 00AA00 0
039 00AA00 N
040 00AA00 N
042 A00AA00 0
042 B00AA00 0
042 C00AA00 0
042 D00AA00 0
042 E00AA00 0
042 F00AA00 0
042 G00AA00 0
042 H00AA00 0
043 00AA00 0
044 00AA00 0
049 00AA00 N
050 00AA00 N
051 00AA00 N
052 00AA00 N
053 A00AA00 N
054 A00AA00 Y
054 B00AA00 Y
054 C00AA00 Y
054 D00AA00 N
054 E00AA00 N
054 F00AA00 N
054 G00AA00 Y
054 H00AA00 Y
054 I00AA00 N
054 J00AA00 Y
054 K00AA00 N
054 L00AA00 N
054 M00AA00 Y
054 N00AA00 N
054 O00AA00 N
058 A00AA00 N
<PAGE> PAGE 9
059 00AA00 Y
060 A00AA00 Y
060 B00AA00 Y
061 00AA00 0
062 A00AA00 N
062 B00AA00 0.0
062 C00AA00 0.0
062 D00AA00 0.0
062 E00AA00 0.0
062 F00AA00 0.0
062 G00AA00 0.0
062 H00AA00 0.0
062 I00AA00 0.0
062 J00AA00 0.0
062 K00AA00 0.0
062 L00AA00 0.0
062 M00AA00 0.0
062 N00AA00 0.0
062 O00AA00 0.0
062 P00AA00 0.0
062 Q00AA00 0.0
062 R00AA00 0.0
077 A000000 Y
077 B000000 N
077 C000000 N
077 D000000 N
077 E000000 N
077 F000000 N
077 G000000 N
077 H000000 N
077 I000000 N
077 J000000 N
077 K000000 N
077 L000000 N
077 M000000 N
077 N000000 N
077 O000000 Y
077 P000000 N
077 Q010000 N
077 Q020000 N
077 Q030000 N
078 000000 N
080 A00AA00 ICI INSURANCE COMPANY
080 C00AA00 16400
081 A00AA00 Y
081 B00AA00 40
082 B00AA00 0
013 A000101 ERNST & YOUNG LLP
013 B010101 BOSTON
013 B020101 MA
013 B030101 02116
<PAGE> PAGE 10
024 000100 Y
025 A000101 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
025 B000101 13-5674085
025 C000101 E
025 D000101 34235
025 D000102 0
025 D000103 0
025 D000104 0
025 D000105 0
025 D000106 0
025 D000107 0
025 D000108 0
028 A010100 57546
028 A020100 0
028 A030100 0
028 A040100 3763
028 B010100 49597
028 B020100 0
028 B030100 0
028 B040100 13530
028 C010100 45426
028 C020100 0
028 C030100 0
028 C040100 9207
028 D010100 44258
028 D020100 0
028 D030100 0
028 D040100 5161
028 E010100 82428
028 E020100 0
028 E030100 0
028 E040100 7693
028 F010100 81761
028 F020100 0
028 F030100 0
028 F040100 2579
028 G010100 361016
028 G020100 0
028 G030100 0
028 G040100 41933
028 H000100 0
045 000100 Y
046 000100 N
047 000100 Y
048 000100 0.000
048 A010100 250000
048 A020100 0.550
048 B010100 250000
048 B020100 0.525
048 C010100 250000
048 C020100 0.500
<PAGE> PAGE 11
048 D010100 250000
048 D020100 0.475
048 E010100 500000
048 E020100 0.450
048 F010100 0
048 F020100 0.000
048 G010100 0
048 G020100 0.000
048 H010100 0
048 H020100 0.000
048 I010100 0
048 I020100 0.000
048 J010100 0
048 J020100 0.000
048 K010100 1500000
048 K020100 0.425
055 A000100 N
055 B000100 N
056 000100 Y
057 000100 N
066 A000100 Y
066 B000100 N
066 C000100 N
066 D000100 N
066 E000100 Y
066 F000100 N
066 G000100 N
067 000100 N
068 A000100 N
068 B000100 N
069 000100 N
070 A010100 Y
070 A020100 N
070 B010100 Y
070 B020100 Y
070 C010100 Y
070 C020100 N
070 D010100 N
070 D020100 N
070 E010100 N
070 E020100 N
070 F010100 N
070 F020100 N
070 G010100 N
070 G020100 N
070 H010100 N
070 H020100 N
070 I010100 N
070 I020100 N
070 J010100 Y
070 J020100 Y
<PAGE> PAGE 12
070 K010100 Y
070 K020100 N
070 L010100 Y
070 L020100 Y
070 M010100 Y
070 M020100 N
070 N010100 Y
070 N020100 Y
070 O010100 Y
070 O020100 N
070 P010100 N
070 P020100 N
070 Q010100 N
070 Q020100 N
070 R010100 Y
070 R020100 N
071 A000100 677618
071 B000100 307722
071 C000100 2465279
071 D000100 12
072 A000100 6
072 B000100 4048
072 C000100 23337
072 D000100 0
072 E000100 0
072 F000100 5828
072 G000100 0
072 H000100 0
072 I000100 0
072 J000100 230
072 K000100 0
072 L000100 0
072 M000100 35
072 N000100 0
072 O000100 0
072 P000100 0
072 Q000100 0
072 R000100 24
072 S000100 13
072 T000100 0
072 U000100 13
072 V000100 0
072 W000100 60
072 X000100 6203
072 Y000100 0
072 Z000100 21182
072AA000100 19254
072BB000100 0
072CC010100 0
072CC020100 13009
072DD010100 0
<PAGE> PAGE 13
072DD020100 0
072EE000100 0
073 A010100 0.0000
073 A020100 0.0000
073 B000100 0.0000
073 C000100 0.0000
074 A000100 17
074 B000100 0
074 C000100 104438
074 D000100 36103
074 E000100 19969
074 F000100 2671828
074 G000100 0
074 H000100 0
074 I000100 0
074 J000100 15028
074 K000100 0
074 L000100 5907
074 M000100 193
074 N000100 2853483
074 O000100 25541
074 P000100 970
074 Q000100 0
074 R010100 0
074 R020100 0
074 R030100 0
074 R040100 126
074 S000100 0
074 T000100 2826846
074 U010100 0
074 U020100 0
074 V010100 0.00
074 V020100 0.00
074 W000100 0.0000
074 X000100 4
074 Y000100 0
075 A000100 2529826
075 B000100 0
076 000100 0.00
013 A000201 COOPERS & LYBRAND L.L.P.
013 B010201 BOSTON
013 B020201 MA
013 B030201 02109
024 000200 Y
025 A000201 MORGAN STANLEY & CO., INC.
025 B000201 13-2655998
025 C000201 E
025 D000201 8759
025 D000202 0
025 D000203 0
025 D000204 0
<PAGE> PAGE 14
025 D000205 0
025 D000206 0
025 D000207 0
025 D000208 0
028 A010200 3688
028 A020200 0
028 A030200 0
028 A040200 10671
028 B010200 3251
028 B020200 0
028 B030200 0
028 B040200 6228
028 C010200 1988
028 C020200 0
028 C030200 0
028 C040200 7818
028 D010200 5448
028 D020200 0
028 D030200 0
028 D040200 3559
028 E010200 5141
028 E020200 0
028 E030200 0
028 E040200 12704
028 F010200 7039
028 F020200 0
028 F030200 0
028 F040200 6519
028 G010200 26555
028 G020200 0
028 G030200 0
028 G040200 47499
028 H000200 0
045 000200 Y
046 000200 N
047 000200 Y
048 000200 0.000
048 A010200 250000
048 A020200 0.550
048 B010200 250000
048 B020200 0.525
048 C010200 250000
048 C020200 0.500
048 D010200 250000
048 D020200 0.475
048 E010200 500000
048 E020200 0.450
048 F010200 0
048 F020200 0.000
048 G010200 0
048 G020200 0.000
<PAGE> PAGE 15
048 H010200 0
048 H020200 0.000
048 I010200 0
048 I020200 0.000
048 J010200 0
048 J020200 0.000
048 K010200 1500000
048 K020200 0.425
055 A000200 Y
055 B000200 N
056 000200 Y
057 000200 N
066 A000200 Y
066 B000200 N
066 C000200 Y
066 D000200 N
066 E000200 N
066 F000200 N
066 G000200 N
067 000200 N
068 A000200 N
068 B000200 N
069 000200 N
070 A010200 Y
070 A020200 N
070 B010200 Y
070 B020200 N
070 C010200 Y
070 C020200 N
070 D010200 N
070 D020200 N
070 E010200 N
070 E020200 N
070 F010200 N
070 F020200 N
070 G010200 N
070 G020200 N
070 H010200 N
070 H020200 N
070 I010200 N
070 I020200 N
070 J010200 Y
070 J020200 N
070 K010200 Y
070 K020200 N
070 L010200 Y
070 L020200 Y
070 M010200 Y
070 M020200 N
070 N010200 Y
070 N020200 Y
<PAGE> PAGE 16
070 O010200 Y
070 O020200 N
070 P010200 N
070 P020200 N
070 Q010200 N
070 Q020200 N
070 R010200 Y
070 R020200 N
071 A000200 89804
071 B000200 108479
071 C000200 493142
071 D000200 18
072 A000200 6
072 B000200 54
072 C000200 2252
072 D000200 0
072 E000200 0
072 F000200 1307
072 G000200 0
072 H000200 0
072 I000200 0
072 J000200 75
072 K000200 0
072 L000200 0
072 M000200 9
072 N000200 0
072 O000200 0
072 P000200 0
072 Q000200 0
072 R000200 24
072 S000200 8
072 T000200 0
072 U000200 5
072 V000200 0
072 W000200 16
072 X000200 1444
072 Y000200 0
072 Z000200 862
072AA000200 24619
072BB000200 0
072CC010200 0
072CC020200 22538
072DD010200 0
072DD020200 0
072EE000200 0
073 A010200 0.0000
073 A020200 0.0000
073 B000200 0.0000
073 C000200 0.0000
074 A000200 0
074 B000200 0
<PAGE> PAGE 17
074 C000200 16907
074 D000200 0
074 E000200 0
074 F000200 504289
074 G000200 0
074 H000200 0
074 I000200 0
074 J000200 2120
074 K000200 0
074 L000200 170
074 M000200 54
074 N000200 523540
074 O000200 2597
074 P000200 207
074 Q000200 0
074 R010200 0
074 R020200 0
074 R030200 0
074 R040200 17002
074 S000200 0
074 T000200 503734
074 U010200 0
074 U020200 0
074 V010200 0.00
074 V020200 0.00
074 W000200 0.0000
074 X000200 4
074 Y000200 0
075 A000200 490031
075 B000200 0
076 000200 0.00
013 A000301 ERNST & YOUNG LLP
013 B010301 BOSTON
013 B020301 MA
013 B030301 02116
024 000300 Y
025 A000301 GENERAL ELECTRIC CAPITAL CORP.
025 B000301 13-1500700
025 C000301 D
025 D000301 600
025 D000302 0
025 D000303 0
025 D000304 0
025 D000305 0
025 D000306 0
025 D000307 0
025 D000308 0
028 A010300 749
028 A020300 0
028 A030300 0
028 A040300 2233
<PAGE> PAGE 18
028 B010300 24245
028 B020300 0
028 B030300 0
028 B040300 22704
028 C010300 608
028 C020300 0
028 C030300 0
028 C040300 1525
028 D010300 1185
028 D020300 0
028 D030300 0
028 D040300 5530
028 E010300 1122
028 E020300 0
028 E030300 0
028 E040300 2994
028 F010300 758
028 F020300 0
028 F030300 0
028 F040300 1735
028 G010300 28667
028 G020300 0
028 G030300 0
028 G040300 36721
028 H000300 0
045 000300 Y
046 000300 N
047 000300 Y
048 000300 0.000
048 A010300 250000
048 A020300 0.850
048 B010300 250000
048 B020300 0.800
048 C010300 250000
048 C020300 0.750
048 D010300 250000
048 D020300 0.700
048 E010300 0
048 E020300 0.000
048 F010300 0
048 F020300 0.000
048 G010300 0
048 G020300 0.000
048 H010300 0
048 H020300 0.000
048 I010300 0
048 I020300 0.000
048 J010300 0
048 J020300 0.000
048 K010300 1000000
048 K020300 0.650
<PAGE> PAGE 19
055 A000300 N
055 B000300 N
056 000300 Y
057 000300 N
066 A000300 Y
066 B000300 N
066 C000300 Y
066 D000300 N
066 E000300 N
066 F000300 N
066 G000300 N
067 000300 N
068 A000300 N
068 B000300 N
069 000300 N
070 A010300 Y
070 A020300 N
070 B010300 Y
070 B020300 N
070 C010300 Y
070 C020300 N
070 D010300 N
070 D020300 N
070 E010300 N
070 E020300 N
070 F010300 N
070 F020300 N
070 G010300 N
070 G020300 N
070 H010300 N
070 H020300 N
070 I010300 N
070 I020300 N
070 J010300 Y
070 J020300 N
070 K010300 Y
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 N
070 O010300 Y
070 O020300 N
070 P010300 N
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 Y
070 R020300 N
<PAGE> PAGE 20
071 A000300 26096
071 B000300 31708
071 C000300 131326
071 D000300 20
072 A000300 6
072 B000300 48
072 C000300 730
072 D000300 0
072 E000300 0
072 F000300 557
072 G000300 0
072 H000300 0
072 I000300 0
072 J000300 41
072 K000300 0
072 L000300 0
072 M000300 4
072 N000300 0
072 O000300 0
072 P000300 0
072 Q000300 0
072 R000300 12
072 S000300 7
072 T000300 0
072 U000300 1
072 V000300 0
072 W000300 18
072 X000300 640
072 Y000300 0
072 Z000300 138
072AA000300 2266
072BB000300 0
072CC010300 1161
072CC020300 0
072DD010300 0
072DD020300 0
072EE000300 0
073 A010300 0.0000
073 A020300 0.0000
073 B000300 0.0000
073 C000300 0.0000
074 A000300 53
074 B000300 0
074 C000300 1000
074 D000300 0
074 E000300 0
074 F000300 130927
074 G000300 0
074 H000300 0
074 I000300 0
074 J000300 380
<PAGE> PAGE 21
074 K000300 0
074 L000300 67
074 M000300 25
074 N000300 132452
074 O000300 578
074 P000300 84
074 Q000300 0
074 R010300 0
074 R020300 0
074 R030300 0
074 R040300 32
074 S000300 0
074 T000300 131758
074 U010300 0
074 U020300 0
074 V010300 0.00
074 V020300 0.00
074 W000300 0.0000
074 X000300 4
074 Y000300 0
075 A000300 132179
075 B000300 0
076 000300 0.00
013 A000401 ERNST & YOUNG LLP
013 B010401 BOSTON
013 B020401 MA
013 B030401 02116
024 000400 Y
025 A000401 GENERAL ELECTRIC CAPITAL CORP.
025 B000401 13-1500700
025 C000401 D
025 D000401 10400
025 A000402 MERRILL LYNCH, PIERCE, FENNER & SMITH INC.
025 B000402 13-5674085
025 C000402 E
025 D000402 7790
025 D000403 0
025 D000404 0
025 D000405 0
025 D000406 0
025 D000407 0
025 D000408 0
028 A010400 4941
028 A020400 0
028 A030400 0
028 A040400 5980
028 B010400 1810
028 B020400 0
028 B030400 0
028 B040400 7020
028 C010400 948
<PAGE> PAGE 22
028 C020400 0
028 C030400 0
028 C040400 1669
028 D010400 5231
028 D020400 0
028 D030400 0
028 D040400 3005
028 E010400 16073
028 E020400 0
028 E030400 0
028 E040400 9601
028 F010400 15168
028 F020400 0
028 F030400 0
028 F040400 545
028 G010400 44171
028 G020400 0
028 G030400 0
028 G040400 27820
028 H000400 0
045 000400 Y
046 000400 N
047 000400 Y
048 000400 0.000
048 A010400 250000
048 A020400 0.550
048 B010400 250000
048 B020400 0.525
048 C010400 250000
048 C020400 0.500
048 D010400 250000
048 D020400 0.475
048 E010400 500000
048 E020400 0.450
048 F010400 0
048 F020400 0.000
048 G010400 0
048 G020400 0.000
048 H010400 0
048 H020400 0.000
048 I010400 0
048 I020400 0.000
048 J010400 0
048 J020400 0.000
048 K010400 1500000
048 K020400 0.425
055 A000400 N
055 B000400 N
056 000400 Y
057 000400 N
066 A000400 Y
<PAGE> PAGE 23
066 B000400 N
066 C000400 Y
066 D000400 N
066 E000400 N
066 F000400 N
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 N
070 B010400 Y
070 B020400 Y
070 C010400 Y
070 C020400 N
070 D010400 N
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 N
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 N
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 Y
070 K020400 N
070 L010400 Y
070 L020400 Y
070 M010400 Y
070 M020400 N
070 N010400 Y
070 N020400 Y
070 O010400 Y
070 O020400 N
070 P010400 N
070 P020400 N
070 Q010400 N
070 Q020400 N
070 R010400 Y
070 R020400 N
071 A000400 140873
071 B000400 129864
071 C000400 615675
071 D000400 21
072 A000400 6
<PAGE> PAGE 24
072 B000400 204
072 C000400 4875
072 D000400 0
072 E000400 0
072 F000400 1628
072 G000400 0
072 H000400 0
072 I000400 0
072 J000400 80
072 K000400 0
072 L000400 0
072 M000400 10
072 N000400 0
072 O000400 0
072 P000400 0
072 Q000400 0
072 R000400 21
072 S000400 8
072 T000400 0
072 U000400 4
072 V000400 0
072 W000400 19
072 X000400 1770
072 Y000400 0
072 Z000400 3309
072AA000400 16885
072BB000400 0
072CC010400 0
072CC020400 8370
072DD010400 0
072DD020400 0
072EE000400 0
073 A010400 0.0000
073 A020400 0.0000
073 B000400 0.0000
073 C000400 0.0000
074 A000400 63
074 B000400 0
074 C000400 25977
074 D000400 0
074 E000400 0
074 F000400 651426
074 G000400 0
074 H000400 0
074 I000400 0
074 J000400 13287
074 K000400 0
074 L000400 991
074 M000400 55
074 N000400 691799
074 O000400 18289
<PAGE> PAGE 25
074 P000400 264
074 Q000400 0
074 R010400 0
074 R020400 0
074 R030400 0
074 R040400 60
074 S000400 0
074 T000400 673186
074 U010400 0
074 U020400 0
074 V010400 0.00
074 V020400 0.00
074 W000400 0.0000
074 X000400 4
074 Y000400 0
075 A000400 618958
075 B000400 0
076 000400 0.00
013 A000501 ERNST & YOUNG LLP
013 B010501 BOSTON
013 B020501 MA
013 B030501 02116
024 000500 Y
025 A000501 GENERAL ELECTRIC CAPITAL CORP.
025 B000501 13-1500700
025 C000501 D
025 D000501 900
025 D000502 0
025 D000503 0
025 D000504 0
025 D000505 0
025 D000506 0
025 D000507 0
025 D000508 0
028 A010500 3202
028 A020500 0
028 A030500 0
028 A040500 3920
028 B010500 14396
028 B020500 0
028 B030500 0
028 B040500 16426
028 C010500 3908
028 C020500 0
028 C030500 0
028 C040500 2862
028 D010500 1885
028 D020500 0
028 D030500 0
028 D040500 6872
028 E010500 3768
<PAGE> PAGE 26
028 E020500 0
028 E030500 0
028 E040500 10091
028 F010500 4012
028 F020500 0
028 F030500 0
028 F040500 4167
028 G010500 31171
028 G020500 0
028 G030500 0
028 G040500 44338
028 H000500 0
045 000500 Y
046 000500 N
047 000500 Y
048 000500 0.000
048 A010500 250000
048 A020500 0.550
048 B010500 250000
048 B020500 0.525
048 C010500 250000
048 C020500 0.500
048 D010500 250000
048 D020500 0.475
048 E010500 500000
048 E020500 0.450
048 F010500 0
048 F020500 0.000
048 G010500 0
048 G020500 0.000
048 H010500 0
048 H020500 0.000
048 I010500 0
048 I020500 0.000
048 J010500 0
048 J020500 0.000
048 K010500 1500000
048 K020500 0.425
055 A000500 N
055 B000500 N
056 000500 Y
057 000500 N
066 A000500 Y
066 B000500 N
066 C000500 N
066 D000500 Y
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
<PAGE> PAGE 27
068 B000500 N
069 000500 N
070 A010500 Y
070 A020500 N
070 B010500 Y
070 B020500 N
070 C010500 Y
070 C020500 N
070 D010500 N
070 D020500 N
070 E010500 N
070 E020500 N
070 F010500 N
070 F020500 N
070 G010500 N
070 G020500 N
070 H010500 N
070 H020500 N
070 I010500 N
070 I020500 N
070 J010500 Y
070 J020500 Y
070 K010500 Y
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 Y
070 O010500 Y
070 O020500 N
070 P010500 N
070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 Y
070 R020500 N
071 A000500 574375
071 B000500 569086
071 C000500 1247876
071 D000500 46
072 A000500 6
072 B000500 1444
072 C000500 8483
072 D000500 0
072 E000500 0
072 F000500 3187
072 G000500 0
072 H000500 0
072 I000500 0
<PAGE> PAGE 28
072 J000500 134
072 K000500 0
072 L000500 0
072 M000500 19
072 N000500 0
072 O000500 0
072 P000500 0
072 Q000500 0
072 R000500 21
072 S000500 8
072 T000500 0
072 U000500 9
072 V000500 0
072 W000500 35
072 X000500 3413
072 Y000500 0
072 Z000500 6514
072AA000500 57680
072BB000500 0
072CC010500 0
072CC020500 71176
072DD010500 0
072DD020500 0
072EE000500 0
073 A010500 0.0000
073 A020500 0.0000
073 B000500 0.0000
073 C000500 0.0000
074 A000500 39
074 B000500 0
074 C000500 46501
074 D000500 5448
074 E000500 17625
074 F000500 1253185
074 G000500 0
074 H000500 0
074 I000500 0
074 J000500 57366
074 K000500 0
074 L000500 1722
074 M000500 120
074 N000500 1382006
074 O000500 49604
074 P000500 499
074 Q000500 0
074 R010500 0
074 R020500 0
074 R030500 0
074 R040500 11768
074 S000500 0
074 T000500 1320135
<PAGE> PAGE 29
074 U010500 0
074 U020500 0
074 V010500 0.00
074 V020500 0.00
074 W000500 0.0000
074 X000500 4
074 Y000500 0
075 A000500 1289318
075 B000500 0
076 000500 0.00
013 A000601 COOPERS & LYBRAND L.L.P.
013 B010601 BOSTON
013 B020601 MA
013 B030601 02109
024 000600 N
025 D000601 0
025 D000602 0
025 D000603 0
025 D000604 0
025 D000605 0
025 D000606 0
025 D000607 0
025 D000608 0
028 A010600 2060
028 A020600 0
028 A030600 0
028 A040600 1065
028 B010600 2038
028 B020600 0
028 B030600 0
028 B040600 599
028 C010600 1264
028 C020600 0
028 C030600 0
028 C040600 588
028 D010600 1262
028 D020600 0
028 D030600 0
028 D040600 611
028 E010600 2038
028 E020600 0
028 E030600 0
028 E040600 1162
028 F010600 1451
028 F020600 0
028 F030600 0
028 F040600 1217
028 G010600 10113
028 G020600 0
028 G030600 0
028 G040600 5242
<PAGE> PAGE 30
028 H000600 0
045 000600 Y
046 000600 N
047 000600 Y
048 000600 0.000
048 A010600 250000
048 A020600 0.550
048 B010600 250000
048 B020600 0.525
048 C010600 250000
048 C020600 0.500
048 D010600 250000
048 D020600 0.475
048 E010600 500000
048 E020600 0.450
048 F010600 0
048 F020600 0.000
048 G010600 0
048 G020600 0.000
048 H010600 0
048 H020600 0.000
048 I010600 0
048 I020600 0.000
048 J010600 0
048 J020600 0.000
048 K010600 1500000
048 K020600 0.425
055 A000600 N
055 B000600 N
056 000600 Y
057 000600 N
066 A000600 Y
066 B000600 N
066 C000600 Y
066 D000600 N
066 E000600 N
066 F000600 N
066 G000600 N
067 000600 N
068 A000600 N
068 B000600 N
069 000600 N
070 A010600 Y
070 A020600 N
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 Y
070 D020600 N
070 E010600 Y
<PAGE> PAGE 31
070 E020600 N
070 F010600 Y
070 F020600 N
070 G010600 Y
070 G020600 N
070 H010600 Y
070 H020600 N
070 I010600 N
070 I020600 N
070 J010600 Y
070 J020600 N
070 K010600 Y
070 K020600 N
070 L010600 Y
070 L020600 Y
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 21618
071 B000600 16589
071 C000600 68150
071 D000600 24
072 A000600 6
072 B000600 90
072 C000600 587
072 D000600 0
072 E000600 0
072 F000600 194
072 G000600 0
072 H000600 0
072 I000600 0
072 J000600 19
072 K000600 0
072 L000600 0
072 M000600 3
072 N000600 0
072 O000600 0
072 P000600 0
072 Q000600 0
072 R000600 14
072 S000600 8
072 T000600 0
<PAGE> PAGE 32
072 U000600 3
072 V000600 0
072 W000600 7
072 X000600 248
072 Y000600 0
072 Z000600 429
072AA000600 0
072BB000600 1309
072CC010600 1537
072CC020600 0
072DD010600 0
072DD020600 0
072EE000600 0
073 A010600 0.0000
073 A020600 0.0000
073 B000600 0.0000
073 C000600 0.0000
074 A000600 6
074 B000600 0
074 C000600 3532
074 D000600 0
074 E000600 0
074 F000600 73396
074 G000600 0
074 H000600 0
074 I000600 0
074 J000600 0
074 K000600 0
074 L000600 99
074 M000600 29
074 N000600 77062
074 O000600 793
074 P000600 31
074 Q000600 0
074 R010600 0
074 R020600 0
074 R030600 0
074 R040600 24
074 S000600 0
074 T000600 76214
074 U010600 0
074 U020600 0
074 V010600 0.00
074 V020600 0.00
074 W000600 0.0000
074 X000600 4
074 Y000600 0
075 A000600 71246
075 B000600 0
076 000600 0.00
<PAGE> PAGE 33
SIGNATURE RICHARD RUSSELL
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
Neuberger&Berman Socially Responsive Portfolio
</LEGEND>
<CIK> 0000910055
<NAME> EQUITY MANAGERS TRUST
<SERIES>
<NUMBER> 06
<NAME> NEUBERGER&BERMAN SOCIALLY RESPONSIVE PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> FEB-28-1995
<INVESTMENTS-AT-COST> 73,258
<INVESTMENTS-AT-VALUE> 76,928
<RECEIVABLES> 99
<ASSETS-OTHER> 29
<OTHER-ITEMS-ASSETS> 6
<TOTAL-ASSETS> 77,062
<PAYABLE-FOR-SECURITIES> 793
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 55
<TOTAL-LIABILITIES> 848
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 73,799
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 834
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> (2,089)
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 3,670
<NET-ASSETS> 76,214
<DIVIDEND-INCOME> 587
<INTEREST-INCOME> 90
<OTHER-INCOME> 0
<EXPENSES-NET> (248)
<NET-INVESTMENT-INCOME> 429
<REALIZED-GAINS-CURRENT> (1,309)
<APPREC-INCREASE-CURRENT> 1,537
<NET-CHANGE-FROM-OPS> 657
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 5,528
<ACCUMULATED-NII-PRIOR> 405
<ACCUMULATED-GAINS-PRIOR> (779)
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 194
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 248
<AVERAGE-NET-ASSETS> 71,246
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .70
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
Neuberger&Berman Partners Portfolio
</LEGEND>
<CIK> 0000910055
<NAME> EQUITY MANAGERS TRUST
<SERIES>
<NUMBER> 05
<NAME> NEUBERGER&BERMAN PARTNERS PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> FEB-28-1995
<INVESTMENTS-AT-COST> 1,245,019
<INVESTMENTS-AT-VALUE> 1,322,759
<RECEIVABLES> 59,088
<ASSETS-OTHER> 120
<OTHER-ITEMS-ASSETS> 39
<TOTAL-ASSETS> 1,382,006
<PAYABLE-FOR-SECURITIES> 49,604
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 12,267
<TOTAL-LIABILITIES> 61,871
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,063,456
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 17,034
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 161,905
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 77,740
<NET-ASSETS> 1,320,135
<DIVIDEND-INCOME> 8,483
<INTEREST-INCOME> 1,444
<OTHER-INCOME> 0
<EXPENSES-NET> (3,413)
<NET-INVESTMENT-INCOME> 6,514
<REALIZED-GAINS-CURRENT> 57,680
<APPREC-INCREASE-CURRENT> (71,176)
<NET-CHANGE-FROM-OPS> (6,982)
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (20,149)
<ACCUMULATED-NII-PRIOR> 10,520
<ACCUMULATED-GAINS-PRIOR> 104,225
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,187
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,413
<AVERAGE-NET-ASSETS> 1,289,318
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .53
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
Neuberger&Berman Guardian Portfolio
</LEGEND>
<CIK> 0000910055
<NAME> EQUITY MANAGERS TRUST
<SERIES>
<NUMBER> 01
<NAME> NEUBERGER&BERMAN GUARDIAN PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> FEB-28-1995
<INVESTMENTS-AT-COST> 2,337,103
<INVESTMENTS-AT-VALUE> 2,832,338
<RECEIVABLES> 20,935
<ASSETS-OTHER> 193
<OTHER-ITEMS-ASSETS> 17
<TOTAL-ASSETS> 2,853,483
<PAYABLE-FOR-SECURITIES> 25,541
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 1,096
<TOTAL-LIABILITIES> 26,637
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 2,230,011
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 59,117
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 42,483
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 495,235
<NET-ASSETS> 2,826,846
<DIVIDEND-INCOME> 23,337
<INTEREST-INCOME> 4,048
<OTHER-INCOME> 0
<EXPENSES-NET> (6,203)
<NET-INVESTMENT-INCOME> 21,182
<REALIZED-GAINS-CURRENT> 19,254
<APPREC-INCREASE-CURRENT> (13,009)
<NET-CHANGE-FROM-OPS> 27,427
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 346,510
<ACCUMULATED-NII-PRIOR> 37,935
<ACCUMULATED-GAINS-PRIOR> 23,229
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 5,828
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 6,203
<AVERAGE-NET-ASSETS> 2,529,825
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .49
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
Neuberger&Berman Genesis Portfolio
</LEGEND>
<CIK> 0000910055
<NAME> EQUITY MANAGERS TRUST
<SERIES>
<NUMBER> 03
<NAME> NEUBERGER&BERMAN GENESIS PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> FEB-28-1995
<INVESTMENTS-AT-COST> 116,950
<INVESTMENTS-AT-VALUE> 131,927
<RECEIVABLES> 447
<ASSETS-OTHER> 25
<OTHER-ITEMS-ASSETS> 53
<TOTAL-ASSETS> 132,452
<PAYABLE-FOR-SECURITIES> 578
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 116
<TOTAL-LIABILITIES> 694
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 108,170
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 404
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 8,207
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 14,977
<NET-ASSETS> 131,758
<DIVIDEND-INCOME> 730
<INTEREST-INCOME> 48
<OTHER-INCOME> 0
<EXPENSES-NET> (640)
<NET-INVESTMENT-INCOME> 138
<REALIZED-GAINS-CURRENT> 2,266
<APPREC-INCREASE-CURRENT> (1,161)
<NET-CHANGE-FROM-OPS> 1,243
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (6,811)
<ACCUMULATED-NII-PRIOR> 265
<ACCUMULATED-GAINS-PRIOR> 5,941
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 557
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 640
<AVERAGE-NET-ASSETS> 132,179
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .98
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
Neuberger&Berman Focus Portfolio
</LEGEND>
<CIK> 0000910055
<NAME> EQUITY MANAGERS TRUST
<SERIES>
<NUMBER> 04
<NAME> NEUBERGER&BERMAN FOCUS PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> FEB-28-1995
<INVESTMENTS-AT-COST> 517,705
<INVESTMENTS-AT-VALUE> 677,403
<RECEIVABLES> 14,278
<ASSETS-OTHER> 55
<OTHER-ITEMS-ASSETS> 63
<TOTAL-ASSETS> 691,799
<PAYABLE-FOR-SECURITIES> 18,289
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 324
<TOTAL-LIABILITIES> 18,613
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 448,075
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 10,952
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 54,462
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 159,698
<NET-ASSETS> 673,186
<DIVIDEND-INCOME> 4,875
<INTEREST-INCOME> 204
<OTHER-INCOME> 0
<EXPENSES-NET> (1,770)
<NET-INVESTMENT-INCOME> 3,309
<REALIZED-GAINS-CURRENT> 16,885
<APPREC-INCREASE-CURRENT> (8,370)
<NET-CHANGE-FROM-OPS> 11,824
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> 28,175
<ACCUMULATED-NII-PRIOR> 7,643
<ACCUMULATED-GAINS-PRIOR> 37,577
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,628
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,770
<AVERAGE-NET-ASSETS> 618,958
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .58
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
Neuberger&Berman Manhattan Portfolio
</LEGEND>
<CIK> 0000910055
<NAME> EQUITY MANAGERS TRUST
<SERIES>
<NUMBER> 02
<NAME> NEUBERGER&BERMAN MANHATTAN PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1995
<PERIOD-END> FEB-28-1995
<INVESTMENTS-AT-COST> 472,848
<INVESTMENTS-AT-VALUE> 521,196
<RECEIVABLES> 2,290
<ASSETS-OTHER> 54
<OTHER-ITEMS-ASSETS> 0
<TOTAL-ASSETS> 523,540
<PAYABLE-FOR-SECURITIES> 2,597
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 17,209
<TOTAL-LIABILITIES> 19,806
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 395,087
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 3,846
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 56,453
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 48,348
<NET-ASSETS> 503,734
<DIVIDEND-INCOME> 2,252
<INTEREST-INCOME> 54
<OTHER-INCOME> 0
<EXPENSES-NET> (1,444)
<NET-INVESTMENT-INCOME> 862
<REALIZED-GAINS-CURRENT> 24,619
<APPREC-INCREASE-CURRENT> (22,538)
<NET-CHANGE-FROM-OPS> 2,943
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 0
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 0
<NUMBER-OF-SHARES-REDEEMED> 0
<SHARES-REINVESTED> 0
<NET-CHANGE-IN-ASSETS> (18,001)
<ACCUMULATED-NII-PRIOR> 2,984
<ACCUMULATED-GAINS-PRIOR> 31,834
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,307
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,444
<AVERAGE-NET-ASSETS> 490,031
<PER-SHARE-NAV-BEGIN> 0
<PER-SHARE-NII> 0
<PER-SHARE-GAIN-APPREC> 0
<PER-SHARE-DIVIDEND> 0
<PER-SHARE-DISTRIBUTIONS> 0
<RETURNS-OF-CAPITAL> 0
<PER-SHARE-NAV-END> 0
<EXPENSE-RATIO> .59
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
</TABLE>
