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
Aug 1	A	Strong	Up	Up	Up	1.05%
Jul 31	A	Strong	Up	Up	Flat	2.43%
Jul 30	A	Strong	Up	Up	Flat	2.63%
Jul 29	A	Strong	Up	Up	Flat	2.82%
Jul 26	A	Strong	Up	Up	Flat	2.48%
Jul 25	A	Strong	Up	Up	Flat	2.24%
Jul 24	A	Strong	Up	Up	Flat	2.78%
Jul 23	A	Strong	Up	Up	Flat	2.58%
Jul 22	B	Strong	Up	Up	Flat	2.93%
Jul 19	A	Strong	Up	Up	Flat	2.97%