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 2	F	Weak or Absent	Down	Down	Flat	16.31%
May 1	F	Weak or Absent	Down	Flat	Flat	16.09%
Apr 28	D	Weak or Absent	Down	Flat	Flat	15.31%
Apr 27	D	Weak or Absent	Down	Flat	Flat	15.31%
Apr 26	D	Weak or Absent	Down	Flat	Flat	15.53%
Apr 25	D	Weak or Absent	Down	Down	Down	15.86%
Apr 24	D	Weak or Absent	Down	Down	Down	15.97%
Apr 21	D	Weak or Absent	Down	Down	Down	16.78%
Apr 20	D	Weak or Absent	Down	Down	Down	16.54%
Apr 19	D	Weak or Absent	Down	Down	Down	16.82%