Trend Table for VFL - Delaware Investments National Municipal Income Fund

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Mar 25	B	Weak or Absent	Up	Up	Flat	3.20%
Mar 22	A	Weak or Absent	Up	Up	Flat	2.70%
Mar 21	B	Weak or Absent	Up	Up	Flat	3.20%
Mar 20	B	Weak or Absent	Up	Up	Flat	2.90%
Mar 19	B	Weak or Absent	Up	Up	Flat	2.98%
Mar 18	A	Weak or Absent	Up	Up	Flat	2.68%
Mar 15	A	Weak or Absent	Up	Up	Flat	2.98%
Mar 14	A	Weak or Absent	Up	Up	Flat	3.18%
Mar 13	A	Weak or Absent	Up	Up	Up	2.58%
Mar 12	B	Strong	Up	Up	Flat	3.08%