Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 28	C	Weak or Absent	Up	Flat	Down	14.05%
May 24	B	Strong	Up	Flat	Down	13.43%
May 23	B	Strong	Up	Flat	Down	13.55%
May 22	C	Strong	Up	Flat	Down	13.10%
May 21	A	Strong	Up	Up	Flat	11.50%
May 20	B	Strong	Up	Up	Flat	11.50%
May 17	A	Strong	Up	Up	Up	11.01%
May 16	A	Strong	Up	Up	Up	11.28%
May 15	A	Strong	Up	Up	Up	11.39%
May 14	B	Strong	Up	Up	Up	12.31%