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The Taiwan Fund (TWN)

Non U.S. Equity Funds - Asian Equity Funds

Data as of May 17, 2024
Market Price $39.99 (+ $0.27)
NAV (May 17, 2024) $49.47 (- $0.04)
Fund Listed NYSE
Premium / Discount -19.16% (+0.61%)
Fund Info
Inception Dec. 23, 1986
Sponsor Nomura Asset Management U.S.A. Inc.
Website www.thetaiwanfund.com/
Phone 877-864-5056
Location Massachusetts
Incorporated Delaware
Staggered Board No
Term Date N/A
Objective: Long-term capital appreciation; equity securities listed on the Taiwan Stock Exchange
Related Indexes
15 Major CEF Sectors Index
International Equity Index
Global Equity Index
60/40 Balanced (w/ BDCs) Index
All Sector Equity CEF Index
Capital & Leverage
Outstanding Shares 7,111,673
Total Assets (Reported: Aug. 31, 2023) $298M
Estimated Total Assets $352M
Net Assets $352M
Market Cap $284M
Portfolio Turnover 70.00%
Total Leverage 0.00%
Structural Leverage (out of total) 0.00%
Portfolio Leverage (out of total) 0.00%
Expense Ratio 1.40%
Non Lev Exp Ratio 1.40%
Rel Lev Cost %
Discount Data
Average Discount (3 Yr) -17.72%
Discount Low(3 Yr) -24.41%
Discount High(3 Yr) -11.66%
Discount Rel Range (3 Yr) 41.17%
Comp Discount -3.70
Discount St Dev (1Yr) 1.61
Z-Stat (6mo) 0.45
Z-Stat (1Yr) 0.46
Z-Stat (3Yr) -0.59
Comp Z-Stat (6mo) 0.66
Comp Z-Stat (3Yr) 0.13
Distribution Data
Market Yield 1.09%
Income Yield 1.09%
Lev Adj NAV Yield 0.88%
Distribution Frequency A
Current Distribution $0.437
Current Income $0.437
Ex-Date 12/27/23
Payable Date 1/10/24
Div Growth (3yr) %
Dividend Change % on
Expected Div 12/18/24
RoC (1yr) 0.00%
RoC (3yr) 0.00%
Volume & Liquidity
Average Daily $ (K) $772
Avg Volume 30 day 20,439
Avg Volume 90 day 19,313
Volume Trend 5.83%
Comp Volume Trend 22.24%
Correlation & Volatility
Price Correlation (1yr)
vs. S&P 500 (TR)
Price Correlation (1yr)
vs. CEFA's 12 Major CEF Sectors Index
Price Correlation (1yr)
vs. CEFA's International Equity Index
Most Correlated Peer (Mk Pr): KF 68.0%
NAV - Price Correlation (30 d) 81.4%
NAV - Price Correlation (90 d) 88.1%
NAV - Price Correlation (1 Yr) 98.6%
Price St Dev (1Yr) 18.3%
NAV St Dev (1Yr) 22.0%
Earnings / Share (8/31/23) $0.416
Earn Coverage 95.19%
Earnings Trend Up
UNII / Share (8/31/23) $0.184
Rel UNII 42.22
UNII Trend Up
NAV Beta (2yr)
vs. S&P 500 (TR)
NAV Beta (2yr)
vs. CEFA's 12 Major CEF Sectors Index
NAV Beta (2yr)
vs. CEFA's International Equity Index


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NOTES: Distribution type sourced from CEFdata.com. For specific information about a fund's distribution sources, visit the fund sponsor's website.

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