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The Microsoft Excel DAY function returns the day of the month (a number from 1 to 31) given a date value. The DAY function is a built-in function in Excel that is categorized as a Date/Time Function. It can be used as a worksheet function (WS) and a VBA function (VBA) in Excel. As a worksheet function, the DAY function can be entered as part of a formula in a cell of a worksheet. As a VBA function, you can use this function in macro code that is entered through the Microsoft Visual Basic Editor.
The DATE function creates a proper Excel date with given year, month, and day values. Because the reference to B4 is fully relative, it will update as the rule is applied to each cell in the range, and any dates that are both greater than 8/1/2015 and less than 11/1/2015 will be highlighted.