Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Feb 15	A	Strong	Up	Up	Up	11.58%
Feb 14	A	Strong	Up	Up	Up	12.83%
Feb 13	A	Strong	Up	Up	Up	13.05%
Feb 12	B	Strong	Up	Up	Up	11.53%
Feb 9	B	Strong	Up	Up	Up	13.71%
Feb 8	B	Strong	Up	Up	Flat	14.05%
Feb 7	B	Strong	Up	Up	Flat	14.49%
Feb 6	B	Strong	Up	Up	Up	13.93%
Feb 5	B	Strong	Up	Up	Flat	14.83%
Feb 2	B	Strong	Up	Up	Up	13.49%