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 11	A	Strong	Up	Up	Up	7.81%
Jul 10	B	Strong	Up	Up	Flat	9.21%
Jul 9	B	Strong	Up	Up	Flat	9.15%
Jul 8	A	Strong	Up	Up	Flat	8.84%
Jul 5	A	Strong	Up	Up	Flat	8.53%
Jul 3	B	Strong	Up	Up	Flat	9.36%
Jul 2	A	Strong	Up	Up	Down	9.79%
Jul 1	A	Strong	Up	Up	Flat	9.42%
Jun 28	A	Strong	Up	Up	Up	7.81%
Jun 27	A	Strong	Up	Up	Flat	8.68%