Investment Performance: Strong investment performance typically leads to increased investor demand, driving the price up. Conversely, poor performance can decrease demand and lower the price.

Market Conditions: Overall market conditions, such as economic growth or recession, significantly impact fund values. A bull market generally lifts fund prices, while a bear market can drag them down.

Interest Rates: Rising interest rates can make bond funds less attractive, potentially lowering their price, while decreasing rates might increase their value. FHXCX's composition and sensitivity determine the degree of impact.

Fund Flows: Large inflows of cash into the fund increase demand and potentially the price, while significant outflows due to investors redeeming shares can put downward pressure on the price.

Expense Ratio: A high expense ratio can negatively affect the fund's total return, potentially making it less attractive to investors and affecting its price compared to similar, lower-cost funds.

Underlying Asset Values: The prices of the assets held within the fund, such as stocks or bonds, directly influence the fund's Net Asset Value (NAV), which is a primary factor in determining its price.