Fund's Net Asset Value (NAV): The NAV is a primary driver, reflecting the market value of underlying holdings less liabilities, divided by outstanding shares. It changes daily based on the performance of the fund's investments.

Bond Market Interest Rates: Since SQCBX likely invests in bonds, interest rate changes significantly impact its price. Rising rates typically cause bond prices (and therefore the fund's NAV) to fall, and vice-versa.

Credit Quality of Holdings: The creditworthiness of the bonds held in the fund affects its price. Downgrades in credit ratings of issuers can lead to price declines.

Fund Management Expertise: The fund manager's investment decisions, including security selection and duration management, influence the fund's performance and ultimately its price.

Expense Ratio and Fees: While not a direct price determinant, high expense ratios reduce the overall return to investors, indirectly affecting its attractiveness relative to other funds.

Supply and Demand: Market demand for the fund itself can influence its price, especially if there are large inflows or outflows. High demand may push the price slightly above its NAV.

Inflation Expectations: Anticipated inflation levels affect bond yields, thereby influencing the fund's price. Higher inflation expectations usually lead to rising yields and falling bond prices.

Economic Growth Outlook: The overall economic outlook impacts corporate bond performance. A stronger economy typically improves creditworthiness, supporting bond prices.

Geopolitical Events: Major global events, particularly those affecting economic stability or investor confidence, can cause fluctuations in bond markets and the fund's price.

Liquidity of Underlying Bonds: The ease with which the bonds in the fund's portfolio can be bought and sold affects its perceived value and thus its price. Less liquid bonds are generally riskier.