Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 4	C	Very Strong	Up	Up	Up	20.64%
Dec 1	C	Very Strong	Up	Up	Up	20.51%
Nov 30	C	Very Strong	Flat	Up	Up	23.05%
Nov 29	C	Very Strong	Down	Up	Up	23.18%
Nov 28	C	Very Strong	Down	Up	Up	24.75%
Nov 27	C	Very Strong	Down	Up	Up	25.77%
Nov 24	C	Strong	Down	Up	Up	25.69%
Nov 22	C	Strong	Down	Up	Up	26.10%
Nov 21	C	Strong	Down	Up	Up	25.96%
Nov 20	C	Strong	Down	Up	Up	26.95%