NEW YORK, January 15, 2025 /PRNewswire/ — Taiwan Fund, Inc. (the “Fund”) (NYSE: TWN) today announced details of its investment results for the quarter ended November 30, 2024.
The fund reported a net asset value per share of $52.97 from the end of working hours November 30, 2024. This represents a reduction of $0.81 per share of the net asset value per share $53.78 reported by August 31, 2024. The fund had a total return of -1.51% for the three months ended November 30, 2024 based on the change in his net asset value. For the same period TAIEX In total (EPA:) The return index returned -1.34% (expressed in US dollars).
The Fund’s share price, as traded on New York Stock Exchange on November 30, 2024he was $42.63which represents a reduction of $2.10 per share from the share price $44.73 on August 31, 2024. The Fund’s discount on the net asset value per share increased from 16.83% to 16.83% August 31, 2024 to 19.52% further November 30, 2024.
For the completed three-month period November 30, 2024The fund had a net realized profit of 3,115,096 dollars on investments and foreign exchange transactions and reduction of net unrealized appreciation 9,851,700 dollars on investments and foreign exchange operations. The Fund’s net investment loss (consisting of income from dividends and securities lending less operating expenses) for the same period was 27,963 dollars.
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Completed quarter
November 30,
in 2024
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The year is over
August 31,
in 2024
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Completed quarter
November 30,
in 2023
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Total net assets
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347,890,875 dollars
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361,509,514 dollars
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306,065,923 dollars
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Gross investment income
Per share
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764,706 dollars
$0.12
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6,115,129 dollars
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998,425 dollars
$0.14
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Net investment income (loss)
Per share
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$ (27,963)
($0.00)
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$3,106,498
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411,196 dollars
$0.06
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Net realized gain (loss) on
Investments and abroad
Currency transactions
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$3,115,096
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56,877,587 dollars
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2,162,657 dollars
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Change in net unrealized
Appreciation (Depreciation) on
Investments and abroad
Currency translations
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$ (9 851 700)
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37,192,712 dollars
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11,260,797
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Total Realized and Unrealized
Profit (loss) from investment
Per share
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$ (6,736,604)
$(1.03)
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94,070,299 dollars
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13,423,455 dollars
$1.83
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Net increase (decrease) in
Net assets arising from
Operations
Per share
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$ (6,764,566)
$(1.03)
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97,176,797 dollars
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13,834,651 dollars
$1.89
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The fund is a diversified closed investment company that seeks to increase capital in the long term primarily through investments in equity securities listed on Taiwan Stock Exchange. The Fund’s shares are listed at New York Stock Exchange below the “TWN” label.
For additional information about the Fund, including information about the Funds, please visit the Fund’s website at www.thetaiwanfund.com or call 1-800-426-5523.
(End)
CONTACT:Brian F. Linksecretary
1-800-426-5523
www.thetaiwanfund.com
