Market Interest Rates: Rising rates typically decrease bond values, lowering USQIX.US's NAV.

Credit Risk: Deteriorating creditworthiness of bond issuers within the fund can lead to price declines.

Economic Growth: Strong growth can push interest rates higher, negatively impacting bond fund performance.

Inflation: Higher inflation often leads to increased interest rates to combat it, which can decrease bond values.

Fund Management: Investment decisions made by the fund manager can impact the overall performance and NAV of USQIX.US.

Liquidity: Lower liquidity in the bond market can widen bid-ask spreads, affecting the fund's trading efficiency and price.

Supply and Demand: Greater demand for the fund increases its price, while higher supply can lower it.

Federal Reserve Policy: Actions such as quantitative easing or tightening affect interest rates and liquidity, influencing bond prices.

Geopolitical Events: Global events can create uncertainty and volatility, affecting investor sentiment and bond market conditions.

Yield Curve: Changes in the yield curve shape can influence bond prices, particularly the difference between short-term and long-term rates.