[Interest Rates]: Rising interest rates generally decrease bond prices, including those held by FJLMX.US. Higher rates make newer bonds more attractive, lowering demand for existing ones.

[Credit Risk]: Changes in the creditworthiness of bond issuers in FJLMX.US affect its price. Downgrades increase risk, lowering prices; upgrades decrease risk, raising prices.

[Inflation]: Higher inflation erodes bond values, reducing the appeal of fixed-income investments like FJLMX.US. Inflation expectations also play a role.

[Economic Growth]: A strong economy can reduce demand for bonds as investors shift to riskier assets, potentially lowering FJLMX.US's price. Weaker growth may increase demand.

[Market Sentiment]: Investor confidence and overall market conditions influence bond prices. "Risk-on" sentiment can decrease bond prices, while "risk-off" can increase them.

[Fund Flows]: Significant inflows into or outflows from FJLMX.US can affect its price, particularly if the fund needs to buy or sell bonds quickly.

[Maturity and Duration]: Longer-maturity bonds in FJLMX.US are more sensitive to interest rate changes, affecting the fund's price more than shorter-maturity bonds.

[Liquidity]: The ease with which bonds in FJLMX.US can be bought and sold impacts its price. Less liquid bonds may trade at a discount.