Performance of Underlying Assets: HLMSX.US's price largely reflects the performance of the stocks and other securities it holds.

Market Conditions: Broad economic trends, investor sentiment, and overall market volatility can significantly impact the fund's price.

Interest Rate Changes: Shifts in interest rates, especially those set by the Federal Reserve, can affect bond yields and stock valuations, influencing HLMSX.US.

Expense Ratio and Fees: The fund's operating expenses, including management fees, directly reduce returns and impact the share price.

Supply and Demand: Investor buying and selling activity directly affects the fund's price; high demand increases it, while high selling pressure decreases it.

Fund Manager Expertise: The fund manager's investment strategy and stock-picking ability play a crucial role in the fund's performance and therefore its price.

Sector Performance: The performance of specific sectors that the fund invests in, such as technology or healthcare, influences HLMSX.US's price.

Global Economic Events: Global events such as geopolitical tensions, trade wars, and economic recessions can impact international markets, affecting the fund's price if it has international exposure.