Market Interest Rates: Rising interest rates generally decrease bond prices, lowering FJAWX's net asset value.

Credit Quality: Downgrades in the credit ratings of bonds held by FJAWX can negatively impact its price.

Economic Growth: Stronger economic growth can lead to higher interest rates and inflation expectations, affecting bond yields and FJAWX's value.

Inflation Expectations: Higher inflation expectations often result in higher bond yields, decreasing bond prices and the fund's NAV.

Fund Management Decisions: Decisions made by the fund's managers, such as security selection and duration management, impact performance.

Investor Demand: Increased investor demand for FJAWX can drive up its price, while increased redemptions can pressure it downwards.

Geopolitical Events: Major global events can create uncertainty and volatility in financial markets, influencing bond prices and fund performance.