The Taiwan Fund, Inc. Announces 3rd Quarter Earnings

Investment Performance Summary - The Taiwan Fund, Inc. reported a net asset value per share of $46.82 as of May 31, 2025, an increase of $1.10 from $45.72 on February 28, 2025 [2] - The Fund's share price on May 31, 2025, was $37.77, reflecting a discount to net asset value of 19.33%, up from a discount of 18.55% on February 28, 2025 [2] - The total return for the three months ended May 31, 2025, was 2.41%, compared to a return of 1.66% for the TAIEX Total Return Index [2] Nine-Month Performance - For the nine-month period ended May 31, 2025, the net asset value per share decreased by $6.96 from $53.78 on August 31, 2024, influenced by a $7.40 per share distribution in December 2024 [3] - The share price also decreased by $6.96 from $44.73 on August 31, 2024 [3] - The total return for the nine-month period was 3.57%, compared to 3.04% for the TAIEX Total Return Index [3] Financial Highlights - The Fund had net realized gains of $1,149,165 and an increase in net unrealized appreciation of $3,628,968 for the three months ended May 31, 2025 [4] - The net investment income for the same period was $290,622 [4] - Total net assets as of May 31, 2025, were $290,127,535 [5] Income and Gains Breakdown - Gross investment income for the three months ended May 31, 2025, was $899,273, with a per share income of $0.14 [5] - The net investment income per share for the same period was $0.04 [5] - The total realized and unrealized gain on investments for the three months was $4,778,133, translating to $0.74 per share [5] Company Overview - The Taiwan Fund, Inc. is a diversified closed-end investment company focused on long-term capital appreciation through investments in equity securities listed on the Taiwan Stock Exchange [6] - The Fund's shares are traded on the New York Stock Exchange under the ticker symbol "TWN" [6]