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<PAGE> PAGE 19
074 N000200 745059
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013 A000301 ERNST & YOUNG LLP
013 B010301 BOSTON
013 B020301 MA
013 B030301 02116
024 000300 Y
025 A000301 STATE STREET BANK AND TRUST COMPANY
025 B000301 04-1867445
025 C000301 D
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025 B000302 13-1500700
025 C000302 D
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025 A000303 FORD MOTOR CREDIT CO.
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025 C000303 D
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025 D000304 0
025 D000305 0
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<PAGE> PAGE 20
028 C020300 0
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056 000300 Y
057 000300 N
066 A000300 Y
<PAGE> PAGE 21
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 Y
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 N
070 K020300 N
070 L010300 Y
070 L020300 N
070 M010300 Y
070 M020300 N
070 N010300 Y
070 N020300 Y
070 O010300 N
070 O020300 N
070 P010300 Y
070 P020300 N
070 Q010300 N
070 Q020300 N
070 R010300 N
070 R020300 N
071 A000300 232202
071 B000300 474841
071 C000300 1822796
071 D000300 13
072 A000300 6
<PAGE> PAGE 22
072 B000300 3155
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<PAGE> PAGE 23
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013 A000401 ERNST & YOUNG LLP
013 B010401 BOSTON
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013 B030401 02116
024 000400 Y
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<PAGE> PAGE 24
028 D030400 0
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056 000400 Y
057 000400 N
066 A000400 Y
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<PAGE> PAGE 25
066 G000400 N
067 000400 N
068 A000400 N
068 B000400 N
069 000400 N
070 A010400 Y
070 A020400 Y
070 B010400 Y
070 B020400 Y
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070 C020400 N
070 D010400 Y
070 D020400 N
070 E010400 N
070 E020400 N
070 F010400 Y
070 F020400 N
070 G010400 N
070 G020400 N
070 H010400 Y
070 H020400 N
070 I010400 N
070 I020400 N
070 J010400 Y
070 J020400 N
070 K010400 N
070 K020400 N
070 L010400 Y
070 L020400 N
070 M010400 Y
070 M020400 N
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<PAGE> PAGE 26
072 G000400 0
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<PAGE> PAGE 27
074 R040400 49549
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013 A000501 ERNST & YOUNG LLP
013 B010501 BOSTON
013 B020501 MA
013 B030501 02116
024 000500 Y
025 A000501 STATE STREET BANK AND TRUST COMPANY
025 B000501 04-1867445
025 C000501 D
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025 A000502 MORGAN STANLEY DEAN WITTER & CO.
025 B000502 36-3145972
025 C000502 E
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<PAGE> PAGE 28
028 E040500 119433
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055 A000500 N
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056 000500 Y
057 000500 N
066 A000500 Y
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066 D000500 N
066 E000500 N
066 F000500 N
066 G000500 N
067 000500 N
068 A000500 N
068 B000500 N
069 000500 N
<PAGE> PAGE 29
070 A010500 Y
070 A020500 Y
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 N
070 K020500 N
070 L010500 Y
070 L020500 Y
070 M010500 Y
070 M020500 N
070 N010500 Y
070 N020500 Y
070 O010500 N
070 O020500 N
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070 P020500 N
070 Q010500 N
070 Q020500 N
070 R010500 N
070 R020500 N
071 A000500 3272942
071 B000500 3435597
071 C000500 3838584
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072 A000500 6
072 B000500 3279
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<PAGE> PAGE 30
072 L000500 0
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<PAGE> PAGE 31
074 V010500 0.00
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013 A000601 PRICEWATERHOUSECOOPERS LLP
013 B010601 BOSTON
013 B020601 MA
013 B030601 02109
024 000600 Y
025 A000601 STATE STREET BANK AND TRUST COMPANY
025 B000601 04-1867445
025 C000601 D
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<PAGE> PAGE 32
028 G040600 23263
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045 000600 Y
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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 N
066 D000600 Y
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 Y
070 B010600 Y
070 B020600 N
070 C010600 Y
070 C020600 N
070 D010600 N
070 D020600 N
<PAGE> PAGE 33
070 E010600 Y
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 N
070 K020600 N
070 L010600 Y
070 L020600 N
070 M010600 Y
070 M020600 N
070 N010600 Y
070 N020600 Y
070 O010600 N
070 O020600 N
070 P010600 Y
070 P020600 N
070 Q010600 N
070 Q020600 N
070 R010600 N
070 R020600 N
071 A000600 95860
071 B000600 90481
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071 D000600 29
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072 C000600 2013
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<PAGE> PAGE 34
072 T000600 0
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<PAGE> PAGE 35
013 A000701 PRICEWATERHOUSECOOPERS LLP
013 B010701 BOSTON
013 B020701 MA
013 B030701 02109
024 000700 Y
025 A000701 GENERAL ELECTRIC CAPITAL CORP.
025 B000701 13-1500700
025 C000701 D
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045 000700 Y
046 000700 N
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<PAGE> PAGE 36
048 B010700 250000
048 B020700 0.800
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048 I010700 0
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048 J020700 0.000
048 K010700 1000000
048 K020700 0.650
055 A000700 N
055 B000700 N
056 000700 Y
057 000700 N
066 A000700 Y
066 B000700 N
066 C000700 Y
066 D000700 N
066 E000700 N
066 F000700 N
066 G000700 N
067 000700 N
068 A000700 N
068 B000700 N
069 000700 N
070 A010700 Y
070 A020700 Y
070 B010700 Y
070 B020700 N
070 C010700 Y
070 C020700 N
070 D010700 N
070 D020700 N
070 E010700 Y
070 E020700 N
070 F010700 Y
070 F020700 N
070 G010700 Y
070 G020700 N
070 H010700 Y
070 H020700 N
<PAGE> PAGE 37
070 I010700 N
070 I020700 N
070 J010700 Y
070 J020700 Y
070 K010700 N
070 K020700 N
070 L010700 Y
070 L020700 N
070 M010700 Y
070 M020700 N
070 N010700 Y
070 N020700 Y
070 O010700 N
070 O020700 N
070 P010700 Y
070 P020700 N
070 Q010700 N
070 Q020700 N
070 R010700 N
070 R020700 N
071 A000700 33865
071 B000700 11427
071 C000700 13958
071 D000700 82
072 A000700 6
072 B000700 32
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072AA000700 2226
<PAGE> PAGE 38
072BB000700 0
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073 A010700 0.0000
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074 A000700 4
074 B000700 0
074 C000700 774
074 D000700 0
074 E000700 0
074 F000700 26208
074 G000700 0
074 H000700 0
074 I000700 6665
074 J000700 34
074 K000700 0
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074 M000700 28
074 N000700 33713
074 O000700 15
074 P000700 17
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074 R030700 0
074 R040700 6714
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075 A000700 16240
075 B000700 0
076 000700 0.00
SIGNATURE RICHARD RUSSELL
TITLE TREASURER
<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger Berman Focus Portfolio Semi Annual Report and is qualified
in its entirety by reference to such document.
</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-31-1999
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 1,057,781
<INVESTMENTS-AT-VALUE> 1,677,468
<RECEIVABLES> 44,131
<ASSETS-OTHER> 23
<OTHER-ITEMS-ASSETS> 6
<TOTAL-ASSETS> 1,721,628
<PAYABLE-FOR-SECURITIES> 32,914
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 50,176
<TOTAL-LIABILITIES> 83,090
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,018,851
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 619,687
<NET-ASSETS> 1,638,538
<DIVIDEND-INCOME> 6,599
<INTEREST-INCOME> 497
<OTHER-INCOME> 0
<EXPENSES-NET> (3,903)
<NET-INVESTMENT-INCOME> 3,193
<REALIZED-GAINS-CURRENT> 62,341
<APPREC-INCREASE-CURRENT> 395,546
<NET-CHANGE-FROM-OPS> 461,080
<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> 321,060
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 3,723
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 3,903
<AVERAGE-NET-ASSETS> 1,531,373
<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> .51<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 Portfolio Semi Annual Report and is qualified
in its entirety by reference to such document.
</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-31-1999
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 4,625,996
<INVESTMENTS-AT-VALUE> 5,545,557
<RECEIVABLES> 114,847
<ASSETS-OTHER> 115
<OTHER-ITEMS-ASSETS> 10
<TOTAL-ASSETS> 5,660,529
<PAYABLE-FOR-SECURITIES> 146,184
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 16,808
<TOTAL-LIABILITIES> 162,992
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 4,555,306
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 942,231
<NET-ASSETS> 5,497,537
<DIVIDEND-INCOME> 28,444
<INTEREST-INCOME> 16,496
<OTHER-INCOME> 0
<EXPENSES-NET> (13,488)
<NET-INVESTMENT-INCOME> 31,452
<REALIZED-GAINS-CURRENT> 527,975
<APPREC-INCREASE-CURRENT> 767,858
<NET-CHANGE-FROM-OPS> 1,327,285
<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> (290,268)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 12,941
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 13,488
<AVERAGE-NET-ASSETS> 5,905,240
<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> .46<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 Portfolio Semi Annual Report and is qualified
in its entirety by reference to such document.
</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-31-1999
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 623,154
<INVESTMENTS-AT-VALUE> 737,275
<RECEIVABLES> 7,721
<ASSETS-OTHER> 59
<OTHER-ITEMS-ASSETS> 4
<TOTAL-ASSETS> 745,059
<PAYABLE-FOR-SECURITIES> 3,851
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 114,196
<TOTAL-LIABILITIES> 118,047
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 512,891
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 114,121
<NET-ASSETS> 627,012
<DIVIDEND-INCOME> 578
<INTEREST-INCOME> 976
<OTHER-INCOME> 0
<EXPENSES-NET> (1,750)
<NET-INVESTMENT-INCOME> (196)
<REALIZED-GAINS-CURRENT> 16,611
<APPREC-INCREASE-CURRENT> 126,995
<NET-CHANGE-FROM-OPS> 143,410
<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> 103,653
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,595
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 1,750
<AVERAGE-NET-ASSETS> 605,818
<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<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 Portfolio Semi Annual Report and is qualified
in its entirety by reference to such document.
</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-31-1999
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 3,710,205
<INVESTMENTS-AT-VALUE> 4,076,243
<RECEIVABLES> 8,675
<ASSETS-OTHER> 70
<OTHER-ITEMS-ASSETS> 8
<TOTAL-ASSETS> 4,084,996
<PAYABLE-FOR-SECURITIES> 28,145
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 97,091
<TOTAL-LIABILITIES> 125,236
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 3,593,722
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 366,038
<NET-ASSETS> 3,959,760
<DIVIDEND-INCOME> 38,624
<INTEREST-INCOME> 3,279
<OTHER-INCOME> 0
<EXPENSES-NET> (9,310)
<NET-INVESTMENT-INCOME> 32,593
<REALIZED-GAINS-CURRENT> 157,610
<APPREC-INCREASE-CURRENT> 537,283
<NET-CHANGE-FROM-OPS> 727,486
<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> 378,423
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 8,923
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 9,310
<AVERAGE-NET-ASSETS> 3,998,760
<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> .47<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 Portfolio Semi Annual Report and is qualified
in its entirety by reference to such document.
</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-31-1999
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 1,762,881
<INVESTMENTS-AT-VALUE> 1,707,760
<RECEIVABLES> 23,686
<ASSETS-OTHER> 47
<OTHER-ITEMS-ASSETS> 4
<TOTAL-ASSETS> 1,731,497
<PAYABLE-FOR-SECURITIES> 12,641
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 36,594
<TOTAL-LIABILITIES> 49,235
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 1,737,383
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> (55,121)
<NET-ASSETS> 1,682,262
<DIVIDEND-INCOME> 16,992
<INTEREST-INCOME> 3,155
<OTHER-INCOME> 0
<EXPENSES-NET> (7,232)
<NET-INVESTMENT-INCOME> 12,915
<REALIZED-GAINS-CURRENT> (83,399)
<APPREC-INCREASE-CURRENT> 217,640
<NET-CHANGE-FROM-OPS> 147,156
<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> (130,093)
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 6,961
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 7,232
<AVERAGE-NET-ASSETS> 1,967,250
<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> .74<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 Socially Responsive Portfolio Semi Annual Report and is
qualified in its entirety by reference to such document.
</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-31-1999
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 282,604
<INVESTMENTS-AT-VALUE> 362,296
<RECEIVABLES> 6,731
<ASSETS-OTHER> 7
<OTHER-ITEMS-ASSETS> 9
<TOTAL-ASSETS> 369,043
<PAYABLE-FOR-SECURITIES> 6,907
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6,804
<TOTAL-LIABILITIES> 13,711
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 275,640
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 79,692
<NET-ASSETS> 355,332
<DIVIDEND-INCOME> 2,013
<INTEREST-INCOME> 353
<OTHER-INCOME> 0
<EXPENSES-NET> (986)
<NET-INVESTMENT-INCOME> 1,380
<REALIZED-GAINS-CURRENT> 6,144
<APPREC-INCREASE-CURRENT> 63,179
<NET-CHANGE-FROM-OPS> 70,703
<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> 72,482
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 896
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 986
<AVERAGE-NET-ASSETS> 332,379
<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> .60<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 Millennium Portfolio Semi Annual Report and is qualified
in its entirety by reference to such document.
</LEGEND>
<CIK> 0000910055
<NAME> EQUITY MANAGERS TRUST
<SERIES>
<NUMBER> 07
<NAME> NEUBERGER BERMAN MILLENNIUM PORTFOLIO
<MULTIPLIER> 1,000
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> AUG-31-1999
<PERIOD-END> FEB-28-1999
<INVESTMENTS-AT-COST> 32,086
<INVESTMENTS-AT-VALUE> 33,647
<RECEIVABLES> 62
<ASSETS-OTHER> 0
<OTHER-ITEMS-ASSETS> 4
<TOTAL-ASSETS> 33,713
<PAYABLE-FOR-SECURITIES> 15
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 6,731
<TOTAL-LIABILITIES> 6,746
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 25,406
<SHARES-COMMON-STOCK> 0
<SHARES-COMMON-PRIOR> 0
<ACCUMULATED-NII-CURRENT> 0
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 0
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 1,561
<NET-ASSETS> 26,967
<DIVIDEND-INCOME> 0
<INTEREST-INCOME> 32
<OTHER-INCOME> 0
<EXPENSES-NET> (88)
<NET-INVESTMENT-INCOME> (56)
<REALIZED-GAINS-CURRENT> 2,226
<APPREC-INCREASE-CURRENT> 1,561
<NET-CHANGE-FROM-OPS> 3,731
<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> 26,967
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 50
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 88
<AVERAGE-NET-ASSETS> 16,240
<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> 1.50<F1>
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0
<FN>
<F1>Annualized.
</FN>
</TABLE>
