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
May 20	B	Strong	Up	Up	Flat	6.29%
May 17	A	Strong	Up	Up	Up	5.83%
May 16	A	Strong	Up	Up	Up	6.08%
May 15	A	Strong	Up	Up	Up	6.19%
May 14	B	Strong	Up	Up	Up	7.07%
May 13	A	Strong	Up	Up	Up	7.11%
May 10	B	Strong	Up	Up	Up	6.91%
May 9	B	Strong	Up	Up	Up	6.49%
May 8	A	Weak or Absent	Up	Up	Up	6.49%
May 7	A	Weak or Absent	Up	Up	Up	6.81%