Performance of Underlying Investments: TEMTX.US's price largely mirrors the performance of its holdings, primarily debt securities, so their price movements are key.

Interest Rate Changes: Rising interest rates typically decrease bond values, affecting TEMTX.US negatively, while falling rates can boost its price.

Credit Risk: Downgrades or concerns about issuers of bonds within TEMTX.US defaulting will lower its price; improved credit ratings can lift it.

Market Sentiment: General investor confidence or fear can drive buying or selling pressure on TEMTX.US, influencing its price regardless of fundamentals.

Fund Flows: Significant inflows into TEMTX.US can temporarily raise its price, while large outflows can create downward pressure.

Expense Ratio & Management Fees: Higher costs relative to similar funds could slightly depress TEMTX.US's price due to reduced returns to investors.

Maturity Profile: The average maturity of the fund's holdings impacts interest rate sensitivity; longer maturities mean greater price fluctuations.

Liquidity of Holdings: Difficulty in selling underlying bonds can lead to wider bid-ask spreads and potentially impact TEMTX.US's pricing.

Inflation Expectations: Rising inflation expectations often lead to higher interest rates, negatively affecting bond prices within TEMTX.US.