Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 18	C	Very Strong	Up	Up	Down	15.61%
Jan 17	B	Very Strong	Up	Up	Down	14.53%
Jan 16	B	Very Strong	Up	Up	Flat	13.41%
Jan 12	B	Very Strong	Up	Up	Flat	12.92%
Jan 11	B	Very Strong	Up	Up	Flat	13.25%
Jan 10	B	Very Strong	Up	Up	Flat	13.03%
Jan 9	B	Very Strong	Up	Up	Flat	13.14%
Jan 8	B	Very Strong	Up	Up	Up	12.05%
Jan 5	C	Very Strong	Up	Up	Flat	14.02%
Jan 4	A	Very Strong	Up	Up	Up	13.14%