Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Nov 8	D	Very Strong	Down	Down	Up	15.66%
Nov 7	D	Very Strong	Down	Down	Up	15.99%
Nov 4	D	Very Strong	Down	Down	Up	16.11%
Nov 3	D	Very Strong	Down	Down	Flat	16.55%
Nov 2	D	Very Strong	Down	Down	Flat	16.33%
Nov 1	F	Very Strong	Down	Down	Flat	16.44%
Oct 31	F	Very Strong	Down	Down	Down	16.67%
Oct 28	F	Very Strong	Down	Down	Down	17.68%
Oct 27	F	Very Strong	Down	Down	Down	18.14%
Oct 26	F	Very Strong	Down	Down	Down	17.68%