Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Weak or Absent

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Dec 11	C	Very Strong	Up	Up	Up	15.00%
Dec 8	C	Very Strong	Up	Up	Up	14.65%
Dec 7	C	Very Strong	Up	Up	Up	13.94%
Dec 6	B	Very Strong	Up	Up	Up	14.77%
Dec 5	C	Very Strong	Up	Up	Up	15.12%
Dec 4	C	Very Strong	Up	Up	Up	15.00%
Nov 30	C	Very Strong	Flat	Up	Up	17.30%
Nov 29	C	Very Strong	Down	Up	Up	17.42%
Nov 28	C	Very Strong	Down	Up	Up	18.92%
Nov 27	C	Very Strong	Down	Up	Up	19.90%