Fund Performance: FHHEWX's past returns and relative performance compared to its benchmark and peer group significantly impact investor demand, thus influencing its price.

Interest Rate Movements: As a bond fund, FHHEWX's price is inversely related to interest rates. Rising rates typically decrease the fund's value, while falling rates increase it.

Credit Quality: Changes in the creditworthiness of the bonds held by FHHEWX, as reflected in credit ratings, directly affect its perceived risk and, consequently, its price.

Market Sentiment: Overall investor optimism or pessimism regarding fixed income assets can drive broader buying or selling pressure, influencing FHHEWX's price.

Economic Conditions: Economic growth, inflation, and unemployment rates all impact interest rate expectations and credit market conditions, thereby affecting FHHEWX.

Fund Flows: Significant inflows or outflows of investor capital into or out of FHHEWX can create buying or selling pressure, pushing the price up or down.