Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
May 21	A	Strong	Up	Up	Flat	2.01%
May 20	B	Strong	Up	Up	Flat	2.01%
May 17	A	Strong	Up	Up	Up	1.57%
May 16	A	Strong	Up	Up	Up	1.81%
May 15	A	Strong	Up	Up	Up	1.91%
May 14	B	Strong	Up	Up	Up	2.76%
May 13	A	Strong	Up	Up	Up	2.80%
May 10	B	Strong	Up	Up	Up	2.61%
May 9	B	Strong	Up	Up	Up	2.21%
May 8	A	Weak or Absent	Up	Up	Up	2.21%