Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 1	B	Strong	Up	Up	Up	12.72%
Jan 31	B	Strong	Up	Up	Up	14.44%
Jan 30	B	Strong	Up	Up	Up	15.40%
Jan 29	C	Strong	Up	Up	Flat	15.87%
Jan 26	C	Strong	Up	Up	Down	16.80%
Jan 25	C	Strong	Up	Up	Down	16.18%
Jan 24	C	Strong	Up	Up	Down	16.91%
Jan 23	C	Strong	Up	Up	Down	16.80%
Jan 22	C	Strong	Up	Up	Down	15.84%
Jan 19	C	Very Strong	Up	Up	Down	16.30%