Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Sep 22	D	Strong	Down	Down	Flat	28.16%
Sep 21	F	Strong	Down	Down	Down	29.00%
Sep 20	F	Strong	Down	Down	Flat	27.92%
Sep 19	F	Strong	Down	Down	Flat	28.19%
Sep 18	F	Strong	Down	Down	Down	28.05%
Sep 15	F	Strong	Down	Down	Down	28.33%
Sep 14	F	Strong	Down	Down	Down	28.89%
Sep 13	F	Strong	Down	Down	Down	28.05%
Sep 12	F	Strong	Down	Down	Down	28.19%
Sep 11	F	Strong	Down	Down	Down	27.23%