The Taiwan Fund, Inc. Announces 1st Quarter Earnings
Investment Performance Overview: The Taiwan Fund, Inc. reported a net asset value per share of $52.97 as of November 30, 2024, reflecting a decrease from $53.78 on August 31, 2024, with a total return of -1.51% for the quarter compared to -1.34% for the TAIEX Total Return Index.
Financial Highlights: The Fund experienced net realized gains of $3,115,096 but faced a decrease in net unrealized appreciation of $9,851,700, resulting in a net investment loss of $27,963 for the three-month period ending November 30, 2024.
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Taiwan Fund (TWN) Reports $67.52 NAV, 14.19% Quarterly Return
- Net Asset Growth: As of November 30, 2025, the Taiwan Fund reported a net asset value per share of $67.52, an increase of $8.39 from $59.13 on August 31, 2025, indicating strong growth potential for the fund.
- Quarterly Return Performance: The fund achieved a total return of 14.19% for the three months ending November 30, 2025, outperforming the TAIEX Total Return Index's 11.29% for the same period, demonstrating the effectiveness of its investment strategy.
- Investment Earnings: During the quarter, the fund realized net gains of $15,129,005 from investments and foreign currency transactions, along with an increase of $34,243,557 in net unrealized appreciation, reflecting strong performance of its investment portfolio.
- Discount Situation: The fund's discount to net asset value per share increased from 15.02% to 18.32% as of November 30, 2025, indicating a market reassessment of its value, which may influence investor purchasing decisions.
Taiwan Fund Reports Q3 Net Asset Value Increase to $67.52
- Net Asset Growth: As of November 30, 2025, the Taiwan Fund reported a net asset value per share of $67.52, an increase of $8.39 from $59.13 on August 31, 2025, indicating strong growth potential for the fund.
- Total Return Performance: For the three months ended November 30, 2025, the fund achieved a total return of 14.19%, surpassing the TAIEX Total Return Index's 11.29% for the same period, demonstrating the effectiveness of the fund's investment strategy.
- Share Price Increase: The fund's share price on the New York Stock Exchange reached $55.15 on November 30, 2025, up $4.90 from $50.25 on August 31, 2025, reflecting increased market confidence in the fund.
- Investment Earnings Overview: During the three-month period, the fund realized net gains of $15,129,005 from investments and foreign currency transactions, with an increase in net unrealized appreciation of $34,243,557, despite a net investment loss of $49,731, indicating an overall positive performance.
The Taiwan Fund Declares $6.2002 Per Share Distribution, Including Long-Term Capital Gains
- Dividend Announcement: The Board of The Taiwan Fund declares a total distribution of $6.2002 per share, comprising $6.0873 in long-term capital gains and $0.0751 in short-term capital gains, indicating the fund's robust income generation capability.
- Investment Returns: The net investment income portion stands at $0.0378 per share, reflecting the fund's effective investment strategy in the Taiwan stock market, which provides consistent cash flow to shareholders.
- Shareholder Benefits: This distribution will be payable on January 6, 2026, to shareholders of record as of December 29, 2025, demonstrating the fund's commitment to shareholder returns and enhancing investor confidence.
- Reinvestment Plan: The Fund's Dividend Reinvestment and Cash Purchase Plan allows shareholders to purchase shares at favorable prices when trading above net asset value, further encouraging long-term investment among shareholders.
Taiwan Reveals $40 Billion Defense Budget for U.S. Arms and T-Dome in Response to China Threat
Taiwan's Defense Budget Announcement: Taiwan's President Lai Ching-te has proposed a $40 billion defense budget over the next eight years to enhance military capabilities in response to U.S. pressure and China's military threats.
Focus on Asymmetrical Defense: The budget will fund significant arms acquisitions from the U.S. and develop the 'T-Dome' defense system to protect against various military threats from China.
Increased Defense Spending: Taiwan's defense spending is projected to rise to 3.3% of GDP by next year, with a commitment to increase it to 5% by 2030, reflecting the urgency of the security situation.
U.S. Support and China's Opposition: The U.S. State Department has welcomed Taiwan's budget as a demonstration of resolve, while China has condemned the military ties between the U.S. and Taiwan, asserting that Taiwan's military buildup will not prevent reunification.
The Taiwan Fund, Inc. Announces a New Conditional Tender Offer Policy
New Tender Offer Policy: The Taiwan Fund, Inc. has adopted a new conditional tender offer policy that allows for the purchase of up to 25% of its outstanding shares at 98% of net asset value if its performance exceeds the TAIEX Total Return Index over the next five years.
Benefits for Stockholders: The Board believes this policy will benefit stockholders by either providing liquidity through the tender offer or through potential outperformance of the Fund compared to its benchmark.
The Taiwan Fund, Inc. Announces 3rd Quarter Earnings
Investment Performance Overview: The Taiwan Fund, Inc. reported a net asset value per share of $46.82 as of May 31, 2025, reflecting a $1.10 increase from February 28, 2025, with a total return of 2.41% for the three-month period and 3.57% for the nine-month period ending on the same date.
Financial Highlights: For the three months ended May 31, 2025, the Fund achieved net realized gains of approximately $1.15 million and net investment income of about $290,622, while experiencing a decrease in net asset value per share over the nine-month period due to distributions and operating results.
Taiwan Fund (TWN) Reports $67.52 NAV, 14.19% Quarterly Return
- Net Asset Growth: As of November 30, 2025, the Taiwan Fund reported a net asset value per share of $67.52, an increase of $8.39 from $59.13 on August 31, 2025, indicating strong growth potential for the fund.
- Quarterly Return Performance: The fund achieved a total return of 14.19% for the three months ending November 30, 2025, outperforming the TAIEX Total Return Index's 11.29% for the same period, demonstrating the effectiveness of its investment strategy.
- Investment Earnings: During the quarter, the fund realized net gains of $15,129,005 from investments and foreign currency transactions, along with an increase of $34,243,557 in net unrealized appreciation, reflecting strong performance of its investment portfolio.
- Discount Situation: The fund's discount to net asset value per share increased from 15.02% to 18.32% as of November 30, 2025, indicating a market reassessment of its value, which may influence investor purchasing decisions.
Taiwan Fund Reports Q3 Net Asset Value Increase to $67.52
- Net Asset Growth: As of November 30, 2025, the Taiwan Fund reported a net asset value per share of $67.52, an increase of $8.39 from $59.13 on August 31, 2025, indicating strong growth potential for the fund.
- Total Return Performance: For the three months ended November 30, 2025, the fund achieved a total return of 14.19%, surpassing the TAIEX Total Return Index's 11.29% for the same period, demonstrating the effectiveness of the fund's investment strategy.
- Share Price Increase: The fund's share price on the New York Stock Exchange reached $55.15 on November 30, 2025, up $4.90 from $50.25 on August 31, 2025, reflecting increased market confidence in the fund.
- Investment Earnings Overview: During the three-month period, the fund realized net gains of $15,129,005 from investments and foreign currency transactions, with an increase in net unrealized appreciation of $34,243,557, despite a net investment loss of $49,731, indicating an overall positive performance.
The Taiwan Fund Declares $6.2002 Per Share Distribution, Including Long-Term Capital Gains
- Dividend Announcement: The Board of The Taiwan Fund declares a total distribution of $6.2002 per share, comprising $6.0873 in long-term capital gains and $0.0751 in short-term capital gains, indicating the fund's robust income generation capability.
- Investment Returns: The net investment income portion stands at $0.0378 per share, reflecting the fund's effective investment strategy in the Taiwan stock market, which provides consistent cash flow to shareholders.
- Shareholder Benefits: This distribution will be payable on January 6, 2026, to shareholders of record as of December 29, 2025, demonstrating the fund's commitment to shareholder returns and enhancing investor confidence.
- Reinvestment Plan: The Fund's Dividend Reinvestment and Cash Purchase Plan allows shareholders to purchase shares at favorable prices when trading above net asset value, further encouraging long-term investment among shareholders.
Taiwan Reveals $40 Billion Defense Budget for U.S. Arms and T-Dome in Response to China Threat
Taiwan's Defense Budget Announcement: Taiwan's President Lai Ching-te has proposed a $40 billion defense budget over the next eight years to enhance military capabilities in response to U.S. pressure and China's military threats.
Focus on Asymmetrical Defense: The budget will fund significant arms acquisitions from the U.S. and develop the 'T-Dome' defense system to protect against various military threats from China.
Increased Defense Spending: Taiwan's defense spending is projected to rise to 3.3% of GDP by next year, with a commitment to increase it to 5% by 2030, reflecting the urgency of the security situation.
U.S. Support and China's Opposition: The U.S. State Department has welcomed Taiwan's budget as a demonstration of resolve, while China has condemned the military ties between the U.S. and Taiwan, asserting that Taiwan's military buildup will not prevent reunification.
The Taiwan Fund, Inc. Announces a New Conditional Tender Offer Policy
New Tender Offer Policy: The Taiwan Fund, Inc. has adopted a new conditional tender offer policy that allows for the purchase of up to 25% of its outstanding shares at 98% of net asset value if its performance exceeds the TAIEX Total Return Index over the next five years.
Benefits for Stockholders: The Board believes this policy will benefit stockholders by either providing liquidity through the tender offer or through potential outperformance of the Fund compared to its benchmark.
The Taiwan Fund, Inc. Announces 3rd Quarter Earnings
Investment Performance Overview: The Taiwan Fund, Inc. reported a net asset value per share of $46.82 as of May 31, 2025, reflecting a $1.10 increase from February 28, 2025, with a total return of 2.41% for the three-month period and 3.57% for the nine-month period ending on the same date.
Financial Highlights: For the three months ended May 31, 2025, the Fund achieved net realized gains of approximately $1.15 million and net investment income of about $290,622, while experiencing a decrease in net asset value per share over the nine-month period due to distributions and operating results.
