<TABLE> <S> <C>
<ARTICLE> 6
<LEGEND>
This schedule contains summary financial information extracted from the
Neuberger Berman Manhattan Portfolio 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> 12-MOS
<FISCAL-YEAR-END> AUG-31-2000
<PERIOD-END> AUG-31-2000
<INVESTMENTS-AT-COST> 1,106,014
<INVESTMENTS-AT-VALUE> 1,454,744
<RECEIVABLES> 4,058
<ASSETS-OTHER> 80
<OTHER-ITEMS-ASSETS> 1
<TOTAL-ASSETS> 1,458,883
<PAYABLE-FOR-SECURITIES> 8,544
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 128,576
<TOTAL-LIABILITIES> 137,120
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 973,033
<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> 348,730
<NET-ASSETS> 1,321,763
<DIVIDEND-INCOME> 624
<INTEREST-INCOME> 3,307
<OTHER-INCOME> 0
<EXPENSES-NET> (5,318)
<NET-INVESTMENT-INCOME> (1,387)
<REALIZED-GAINS-CURRENT> 313,974
<APPREC-INCREASE-CURRENT> 226,396
<NET-CHANGE-FROM-OPS> 538,983
<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> 708,904
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 0
<OVERDISTRIB-NII-PRIOR> 0
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 4,978
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 5,318
<AVERAGE-NET-ASSETS> 969,094
<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> .55
</TABLE>
