The Taiwan Fund, Inc. Announces 3rd Quarter Earnings
The Taiwan Fund (NYSE: TWN) reported its Q3 2025 financial results, with a net asset value (NAV) of $46.82 per share as of May 31, 2025, representing a $1.10 increase from February 28, 2025. The fund's share price traded at $37.77, reflecting a 19.33% discount to NAV.
The fund achieved a total return of 2.41% for the quarter, outperforming the TAIEX Total Return Index's 1.66%. For the nine-month period, TWN delivered a 3.57% total return, surpassing the benchmark's 3.04%. The quarter saw net realized gains of $1.15 million and an increase in unrealized appreciation of $3.63 million, with net investment income of $290,622.
The Taiwan Fund (NYSE: TWN) ha comunicato i risultati finanziari del terzo trimestre 2025, con un valore patrimoniale netto (NAV) di 46,82$ per azione al 31 maggio 2025, segnando un incremento di 1,10$ rispetto al 28 febbraio 2025. Il prezzo delle azioni del fondo 猫 stato di 37,77$, corrispondente a uno sconto del 19,33% rispetto al NAV.
Il fondo ha registrato un rendimento totale del 2,41% nel trimestre, superando il rendimento dell'indice TAIEX Total Return dell'1,66%. Nel periodo di nove mesi, TWN ha ottenuto un rendimento totale del 3,57%, superiore al 3,04% del benchmark. Nel trimestre si sono registrati guadagni netti realizzati per 1,15 milioni di dollari e un aumento dell'apprezzamento non realizzato di 3,63 milioni di dollari, con un reddito netto da investimenti di 290.622 dollari.
The Taiwan Fund (NYSE: TWN) anunci贸 sus resultados financieros del tercer trimestre de 2025, con un valor neto de activos (NAV) de 46,82$ por acci贸n al 31 de mayo de 2025, representando un aumento de 1,10$ desde el 28 de febrero de 2025. El precio de las acciones del fondo se cotiz贸 a 37,77$, reflejando un descuento del 19,33% respecto al NAV.
El fondo logr贸 un retorno total del 2,41% durante el trimestre, superando el 1,66% del 铆ndice TAIEX Total Return. En el periodo de nueve meses, TWN entreg贸 un retorno total del 3,57%, superando el 3,04% del 铆ndice de referencia. Durante el trimestre se registraron ganancias netas realizadas de 1,15 millones de d贸lares y un aumento en la apreciaci贸n no realizada de 3,63 millones de d贸lares, con un ingreso neto por inversiones de 290.622 d贸lares.
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The Taiwan Fund (NYSE: TWN) a publi茅 ses r茅sultats financiers du troisi猫me trimestre 2025, avec une valeur nette d'inventaire (VNI) de 46,82$ par action au 31 mai 2025, soit une augmentation de 1,10$ par rapport au 28 f茅vrier 2025. Le cours de l'action du fonds s'est n茅goci茅 脿 37,77$, refl茅tant une d茅cote de 19,33% par rapport 脿 la VNI.
Le fonds a r茅alis茅 un rendement total de 2,41% pour le trimestre, surpassant l'indice TAIEX Total Return 脿 1,66%. Sur la p茅riode de neuf mois, TWN a d茅livr茅 un rendement total de 3,57%, d茅passant les 3,04% de la r茅f茅rence. Le trimestre a enregistr茅 des gains nets r茅alis茅s de 1,15 million de dollars et une augmentation de l'appr茅ciation non r茅alis茅e de 3,63 millions de dollars, avec un revenu net d'investissement de 290 622 dollars.
The Taiwan Fund (NYSE: TWN) meldete seine Finanzergebnisse f眉r das dritte Quartal 2025 mit einem Nettoinventarwert (NAV) von 46,82$ pro Aktie zum 31. Mai 2025, was einem Anstieg von 1,10$ seit dem 28. Februar 2025 entspricht. Der Aktienkurs des Fonds lag bei 37,77$ und spiegelte einen Rabatt von 19,33% auf den NAV wider.
Der Fonds erzielte im Quartal eine Gesamtrendite von 2,41% und 眉bertraf damit den TAIEX Total Return Index mit 1,66%. F眉r den Neunmonatszeitraum erzielte TWN eine Gesamtrendite von 3,57% und 眉bertraf damit die Benchmark von 3,04%. Im Quartal wurden Netto realisierte Gewinne von 1,15 Millionen Dollar sowie eine Steigerung der nicht realisierten Wertsteigerung um 3,63 Millionen Dollar verzeichnet, bei einem Nettoanlageertrag von 290.622 Dollar.
- Outperformed TAIEX benchmark in both quarterly (2.41% vs 1.66%) and nine-month (3.57% vs 3.04%) periods
- Net asset value increased by $1.10 per share in Q3 2025
- Positive net realized gains of $1.15M and unrealized appreciation of $3.63M in Q3
- High discount to NAV at 19.33%, increased from 18.55% in previous quarter
- Nine-month NAV declined $6.96 per share from August 2024
- Net investment income decreased to $290,622 in Q3 2025 from $946,970 in Q3 2024
Insights
Taiwan Fund outperformed its benchmark index with 2.41% quarterly return versus 1.66% for TAIEX, maintaining significant NAV discount.
The Taiwan Fund's Q3 2025 results show modest improvement in performance metrics. The fund's net asset value (NAV) increased by
The fund continues to trade at a significant discount to NAV of
For the nine-month period, the fund delivered a
Net investment income showed an even steeper decline, falling from
While the fund reported net realized gains of
The Fund reported a net asset value per share of
For the nine month period ended May 31, 2025, the Fund's net asset value per share decreased
For the three month period ended May 31, 2025, the Fund had net realized gains of
Quarter | Nine Months | Quarter | Nine Months | ||
May 31, | 聽May 31, | May 31, | 聽May 31, | ||
2025 | 2025 | 2024 | 2024 | ||
Total Net Assets | |||||
Gross Investment Income | |||||
Per Share | |||||
Net Investment Income (Loss) | |||||
Per Share | |||||
Net AG真人官方ized Gain (Loss) on Investments | |||||
聽and Foreign Currency Transactions | |||||
Change in Net Unrealized | |||||
Appreciation (Depreciation) on | |||||
and Foreign Currency Translations | |||||
Total AG真人官方ized and Unrealized | |||||
Gain (Loss) on Investments | |||||
Per Share | |||||
Net Increase (Decrease) in Net | |||||
Assets Resulting from Operations | |||||
Per Share |
The Fund is a diversified closed-end investment company, which seeks long term capital appreciation primarily through investments in equity securities listed on the Taiwan Stock Exchange.聽 Shares of the Fund are listed on the New York Stock Exchange under the ticker symbol "TWN."
For additional information on the Fund, including information on the Fund's holdings, visit the Fund's website at or call 1-800-426-5523.聽聽聽聽聽聽聽聽聽聽
(End)
CONTACT:
Brian F. Link, Secretary
1-800-426-5523
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SOURCE The Taiwan Fund, Inc.
FAQ
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