Fund Performance: Strong historical returns and consistent outperformance compared to its benchmark index tend to increase investor demand, driving up the fund's price.

Market Conditions: Broad market uptrends usually lift most funds, including FHJDX.US, while market downturns typically cause price declines.

Interest Rates: Rising interest rates can negatively impact bond funds, potentially lowering the fund's price if it holds bonds.

Fund Flows: Large inflows of investor money can push the price higher, while significant outflows can force the fund to sell assets, potentially lowering the price.

Expense Ratio: A high expense ratio can make a fund less attractive to investors, potentially weighing on its price compared to similar funds with lower costs.

Management Expertise: Confidence in the fund manager's abilities and investment strategy positively influences investor sentiment, which could lead to a higher price.

Economic Indicators: Economic data releases like inflation, unemployment, and GDP growth can impact investor sentiment and, consequently, the fund's price.

Sector Performance: If the fund focuses on a specific sector, the performance of that sector will heavily influence the fund's price.

Regulatory Changes: New regulations affecting the fund or its underlying investments can create uncertainty and impact investor demand.