Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jul 13	F	Weak or Absent	Down	Down	Flat	17.97%
Jul 12	F	Weak or Absent	Down	Down	Flat	18.33%
Jul 11	F	Weak or Absent	Down	Down	Down	18.69%
Jul 10	F	Weak or Absent	Down	Down	Down	18.69%
Jul 7	F	Weak or Absent	Down	Down	Down	18.93%
Jul 6	F	Weak or Absent	Down	Down	Down	19.06%
Jul 5	F	Weak or Absent	Down	Down	Flat	17.50%
Jul 3	F	Weak or Absent	Down	Down	Flat	17.39%
Jun 30	F	Weak or Absent	Down	Down	Up	17.27%
Jun 29	F	Weak or Absent	Down	Down	Up	17.15%