Fund Performance: Strong past performance often attracts more investors, driving up demand and the fund's price. Conversely, poor performance can lead to redemptions, decreasing the price.

Market Conditions: Overall market trends, such as bull or bear markets, significantly influence the value of EKGIX. A rising market typically lifts the fund's NAV, while a falling market decreases it.

Interest Rates: Rising interest rates can make bond yields more attractive, potentially drawing investors away from funds like EKGIX and lowering its price. Falling rates may increase its attractiveness.

Inflation: High inflation can erode the value of fixed-income investments, negatively impacting EKGIX's price. Lower inflation can have a positive effect.

Credit Risk: Changes in the creditworthiness of the bonds held within EKGIX can affect its price. Downgrades can lower the price, while upgrades may increase it.

Expense Ratio: A high expense ratio can detract from the fund's overall return, making it less attractive to investors and potentially affecting its price negatively.