Zeev's Turnips Patch-No Politics (ZEEV)

[warawls]

Zeev and the board,
I need information/help on a bond fund.
I inherited a short term bond fund about 6 months ago (LTDFX) and I'm not sure if I should sell it as I'm not familiar with bonds. It has steadily declined over the last 6 months from $9.39 to a current $9.14. The downward move has surprised me as I thought bonds typically move up when the markets are in a down trend. The daily price change for LTDFX is up or down one penny each day. I have roughly 5,500 shares so each move translates to + or - $55.00. Also, this fund has a dividend reinvestment each month of approximately $200.00. I hear talk about a bond fund bubble and I'm certain this fund has underperformed. My questions to you: how do you see short term bonds moving in the future (is it worth holding?) and why would a bond fund drop when the market is in a downtrend?
I appreciate any and all help!

Ashley