Net Asset Value (NAV): The primary driver, reflecting the underlying value of JQLBX.US's holdings.

Market Sentiment: General investor optimism or pessimism towards the fund's asset class (e.g., emerging markets, specific sectors).

Supply and Demand: Higher demand typically pushes the price up, while increased selling pressure can lower it.

Expense Ratio: The fund's operational costs, impacting long-term returns and thus, price.

Interest Rates: Changes can affect the attractiveness of fixed-income assets within the fund, influencing price.

Economic Conditions: Macroeconomic factors like inflation, GDP growth, and unemployment influence asset valuations.

Currency Fluctuations: If the fund invests in foreign assets, currency exchange rates can impact returns and price.

Fund Manager Performance: The fund manager's ability to generate returns relative to benchmarks affects investor confidence.

Dividend Yield: Higher yields can attract investors, potentially increasing demand and price.

News and Events: Company-specific or industry news impacting the fund's holdings can cause price fluctuations.