Net Asset Value (NAV): NOIGX.US's price directly reflects its NAV, calculated daily by dividing the fund's total assets minus liabilities by outstanding shares.

Bond Market Conditions: Since NOIGX.US primarily invests in bonds, interest rate changes, credit spreads, and overall bond market sentiment significantly influence its price.

Interest Rate Movements: Rising interest rates typically decrease bond prices and thus NOIGX.US's NAV, while falling rates tend to increase it.

Credit Quality of Holdings: Changes in the credit ratings or perceived risk of the bonds held within NOIGX.US impact its price; downgrades lower the price, upgrades increase it.

Fund Flows: Significant inflows into NOIGX.US can temporarily increase demand and potentially the price, while outflows may exert downward pressure.

Management Fees and Expenses: The ongoing fees and expenses charged by NOIGX.US reduce the overall return and affect the net asset value per share.

Economic Conditions: Broad economic factors like inflation, GDP growth, and employment data influence interest rates and bond market sentiment, indirectly affecting NOIGX.US's price.