Fund Performance: The fund's historical returns and performance relative to its benchmark index strongly influence its price. Better performance attracts more investors, increasing demand and price.

Market Conditions: Overall market sentiment and economic conditions significantly impact fund prices. Positive market trends generally lead to price increases, while negative trends can cause declines.

Interest Rates: Changes in interest rates can affect the attractiveness of bond funds, potentially influencing investor demand and the fund's price.

Expense Ratio: The fund's expense ratio, or the annual fee charged to manage the fund, can impact its overall return and attractiveness to investors, affecting its price.

Fund Size: The size of the fund can sometimes influence its price, particularly if large redemptions occur, potentially forcing the fund to sell assets and impacting its Net Asset Value (NAV).