Welcome to our dedicated page for Taiwan Fund news (Ticker: TWN), a resource for investors and traders seeking the latest updates and insights on Taiwan Fund stock.
The Taiwan Fund, Inc. (NYSE: TWN) is a diversified closed-end investment company that seeks long-term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange. This news page compiles official announcements and updates released by the Fund, giving investors a focused view of developments related to this Taiwan-focused equity fund.
News items commonly include investment performance reports for specific periods, where the Fund details changes in net asset value per share, market price on the New York Stock Exchange, and the discount or premium to net asset value. These releases also compare the Fund’s total return to the TAIEX Total Return Index in U.S. dollar terms and summarize realized and unrealized gains or losses, as well as net investment income or loss.
The Fund also issues distribution announcements, describing capital gain and net investment income distributions per share and the mechanics of its Dividend Reinvestment and Cash Purchase Plan. In addition, investors can find updates on the Fund’s conditional tender offer policy, which links the possibility of a tender offer to the Fund’s net asset value performance relative to its benchmark over a multi-year period.
Governance-related news includes results of the Annual Stockholders Meeting, such as the re-election of directors and vote counts, and Board decisions regarding the size of the Board. Operational notices, for example how net asset value will be calculated during Taiwan Stock Exchange holiday closures, are also communicated through press releases. This page helps investors review these official communications in one place and follow how the Fund reports on its performance, distributions, policies and corporate actions over time.
The Taiwan Fund, Inc. (NYSE: TWN) has announced a total distribution of $2.9227 per share, effective January 10, 2022, for stockholders recorded as of December 28, 2021. This includes $2.4447 in long-term capital gains and $0.4780 in net investment income. The distribution comes with an ex-dividend date of December 27, 2021. The Fund offers a Dividend Reinvestment and Cash Purchase Plan, allowing stockholders to acquire additional shares based on market conditions. The Taiwan Fund focuses on long-term capital appreciation through investments primarily in Taiwanese equity securities.
The Taiwan Fund, Inc. (NYSE: TWN) announced capital gain and net investment income distributions totaling $2.9227 per share. This includes long-term capital gains of $2.4447 and net investment income of $0.4780 per share. The distribution is payable on January 10, 2022, to stockholders of record as of December 28, 2021, with an ex-dividend date of December 27, 2021. The Fund offers a Dividend Reinvestment and Cash Purchase Plan for stockholders wishing to participate.
The Taiwan Fund, Inc. (NYSE: TWN) reported a net asset value per share of $37.00 as of May 28, 2021, marking an increase from $33.09 as of February 26, 2021. The Fund's share price was $31.55, with a discount of 14.73% to the net asset value. The Fund delivered a total return of 11.82% over the three months and 42.63% over nine months. Notably, net realized gains on investments totaled $16.52 million. However, net investment loss was $(620,273) for the quarter.
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The Taiwan Fund, Inc. (NYSE: TWN) announced a total distribution of $3.3122 per share, including long-term capital gains of $0.6156 and short-term capital gains of $2.3207. Additionally, it will distribute $0.3759 per share as net investment income. The distribution is payable on January 8, 2021, to stockholders of record as of December 29, 2020, with an ex-dividend date of December 28, 2020. The Fund offers a Dividend Reinvestment and Cash Purchase Plan for stockholders.
The Taiwan Fund, Inc. (NYSE: TWN) has announced capital gain and net investment income distributions totaling $3.3122 per share. This includes long-term capital gains of $0.6156 and short-term gains of $2.3207, along with net investment income of $0.3759. The distribution will be payable on January 8, 2021 to stockholders of record as of December 29, 2020, with an ex-dividend date of December 28, 2020. All stockholders can participate in the Fund's Dividend Reinvestment and Cash Purchase Plan.
The Board of Directors of the Taiwan Fund, Inc. (NYSE: TWN) has adopted a conditional tender offer policy, replacing its previous Discount Management Program. This policy allows for a tender offer to purchase up to 25% of outstanding shares at 98% of net asset value (NAV) if the Fund's NAV performance surpasses that of the TAIEX Total Return Index over the five years ending December 31, 2025. The Board believes this will enhance liquidity for stockholders, allowing them to sell a larger number of shares at a better price.
The Taiwan Fund, Inc. (NYSE: TWN) reported a net asset value per share of $23.42 as of May 29, 2020, an increase of $0.74 from $22.68 on February 29, 2020. The share price was $19.25, reflecting a discount to NAV of 17.81%. For the three months ended May 31, 2020, the Fund achieved a total return of 3.26%, outperforming the TAIEX Total Return Index, which returned -2.01%. However, net realized losses were $4.32 million, with a net investment loss of $444,671.