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The Taiwan Fund, Inc. (TWN)

Financial Services | Asset Management | New York, United States | NYSE
102.86 USD -0.47 (-0.455%) ⇩ (Oct. 13, 2026, 4 p.m. EDT)

Short-term:★★★⯪☆Long-term:★★★★⯪Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 11 a.m. EDT

The investment case here is defined by a massive divergence between the fund's operational success and its current trading mechanics. Fundamentally, the business is exceptional: the fund delivered a 47% return last quarter versus the index's 26%, driven by strong exposure to AI companies in Taiwan, while the underlying entity boasts a 62% return on equity and 40% revenue growth. This operational dominance supports a high long-term rating, as the market has clearly recognized the superior quality of the assets held within the fund. However, the short-term outlook is clouded by severe liquidity constraints. The average daily volume is nearly seven times higher than the current trading activity, creating a friction-heavy environment where large capital flows will likely cause significant slippage. While the price has recently rallied off its lows, the statistical forecasting models offer no directional edge, reflecting the uncertainty inherent in such illiquid vehicles. Consequently, while the underlying business is a top-tier buy, the current trading conditions limit the immediate entry conviction.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
AutoETS ✓0.133562
AutoARIMA0.136646
MSTL0.138319
AutoTheta0.143524

Forecast horizon: 45 days | Selected: AutoETS

Forecast Reliability
Score 40%
H-stat 11.91
Ljung-Box p 0.000
Jarque-Bera p 0.065
Excess Kurtosis -0.38
Attribute Value
Sector Financial Services
Ex Dividend Date 2025-12-28
Last Dividend Date 2025-12-28
Revenue per Share 1.152
Market Cap 590,626,112
Trailing P/E 2.68
Beta 1.52
Profit Margins 3508.95%
Website https://www.thetaiwanfund.com

Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
11.72% 11.72% 10.74% 8.02%
Dividend History
Date Dividend Yield %
2025-12-29 6.200 11.720227
2024-12-27 7.398 19.220576
2023-12-27 0.437 1.271088
2021-12-27 2.923 7.904273
2020-12-28 3.312 12.947615
2019-12-27 1.699 8.304008
2018-12-20 1.708 11.379080
2017-12-28 0.660 3.179191
2014-12-26 2.633 16.163289
2011-12-28 0.561 3.909408
2010-12-28 0.081 0.435718
2009-12-29 0.071 0.503546
2008-12-26 0.170 1.958525
2007-12-20 3.618 21.808318
2005-12-27 0.052 0.351827
2000-12-27 0.200 1.939394
1999-12-21 0.010 0.051948
1998-12-21 1.010 7.769231
1998-04-28 0.010 0.061776
1997-12-26 4.600 28.527132
1996-12-24 0.007 0.030769
1996-01-02 0.020 0.095808
1995-01-31 0.020 0.086486
1994-05-09 0.150 0.533333
1993-11-29 0.130 0.481481
1992-12-22 0.120 0.627451
1990-06-07 1.690 7.115789
1990-01-29 14.750 38.562092
1989-01-26 8.500 26.459144
1988-03-09 1.860 4.338192
1988-01-27 2.440 8.675556
Additional Data
dividendYield 0.0
exDividendDate 2025-12-29
trailingAnnualDividendRate 6.2
trailingAnnualDividendYield 0.060001932
lastDividendValue 6.2
lastDividendDate 2025-12-29
dividendDate 2019-01-04

Info Dump

Attribute Value
52 Week Change 0.85644984
Address1 Worldwide Plaza
Address2 309 West 49th Street
All Time High 108.83
All Time Low 7.03
Ask 0.0
Ask Size 200
Average Daily Volume10 Day 16,370
Average Daily Volume3 Month 28,574
Average Volume 28,574
Average Volume10Days 16,370
Beta 1.515
Bid 0.0
Bid Size 100
Book Value 79.33
City New York
Country United States
Crypto Tradeable 0
Currency USD
Current Price 102.86
Current Ratio 5.917
Custom Price Alert Confidence HIGH
Date Short Interest 1,790,726,400
Day High 102.86
Day Low 100.61
Display Name Taiwan Fund
Dividend Date 1,546,560,000
Dividend Yield 0.0
Earnings Timestamp End 1,744,714,740
Earnings Timestamp Start 1,744,714,740
Ebitda Margins 0.0
Enterprise To Revenue 88.111
Enterprise Value 582,683,968
Eps Trailing Twelve Months 38.39
Esg Populated 0
Ex Dividend Date 1,766,966,400
Exchange NYQ
Exchange Data Delayed By 20
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fax 212 667 1431
Fifty Day Average 99.4818
Fifty Day Average Change 3.3782043
Fifty Day Average Change Percent 0.033958014
Fifty Two Week Change Percent 85.64498
Fifty Two Week High 108.83
Fifty Two Week High Change -5.970001
Fifty Two Week High Change Percent -0.054856207
Fifty Two Week Low 51.37
Fifty Two Week Low Change 51.49
Fifty Two Week Low Change Percent 1.002336
Fifty Two Week Range 51.37 - 108.83
Financial Currency USD
First Trade Date Milliseconds 535,127,400,000
Five Year Avg Dividend Yield 0.71
Full Exchange Name NYSE
Fullday Change -0.8600998
Fullday Change Percent -0.83924377
Fullday Price 102.86
Gmt Off Set Milliseconds -14,400,000
Gross Margins 1.0
Gross Profits 6,613,093
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.79223
Implied Shares Outstanding 5,742,039
Industry Asset Management
Industry Disp Asset Management
Industry Key asset-management
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,766,966,400
Last Dividend Value 6.2
Last Fiscal Year End 1,756,598,400
Long Business Summary The Taiwan Fund, Inc. is a closed-ended equity mutual fund launched and managed by Nomura Asset Management U.S.A. Inc. It invests in the public equity markets of Taiwan. The fund seeks to invest in stocks of companies operating across diversified sectors. It employs fundamental analysis focusing on such factors as overall growth prospects, competitive position in the respective industry, technology, research, and development, productivity, labor costs, raw material costs and sources, profit margins, return on investment, capital resources, government regulation, and management to create its portfolio. The fund benchmarks the performance of its portfolio against the TAIEX Total Return Index. The Taiwan Fund, Inc. was formed on December 23, 1986 and is domiciled in the United States.
Long Name The Taiwan Fund, Inc.
Market us_market
Market Cap 590,626,112
Market State PRE
Max Age 86,400
Message Board Id finmb_135307
Most Recent Quarter 1,772,236,800
Net Income To Common 232,049,952
Next Fiscal Year End 1,788,134,400
Non Diluted Market Cap 575,352,307
Open 101.36
Operating Margins -0.32567
Payout Ratio 0.0
Phone 212 667 1414
Pre Market Change 0.0
Pre Market Change Percent 0.0
Pre Market Price 102.86
Pre Market Time 1,791,964,917
Previous Close 103.33
Price Hint 2
Price To Book 1.296609
Price To Sales Trailing12 Months 89.31163
Profit Margins 35.08947
Quick Ratio 5.912
Quote Source Name Delayed Quote
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change -0.470001
Regular Market Change Percent -0.454855
Regular Market Day High 102.86
Regular Market Day Low 100.61
Regular Market Day Range 100.61 - 102.86
Regular Market Open 101.36
Regular Market Previous Close 103.33
Regular Market Price 102.86
Regular Market Time 1,791,921,602
Regular Market Volume 14,271
Return On Assets 0.0021600001
Return On Equity 0.62137
Revenue Growth 0.404
Revenue Per Share 1.152
Sand P52 Week Change 0.17502642
Sector Financial Services
Sector Disp Financial Services
Sector Key financial-services
Shares Outstanding 5,742,039
Shares Percent Shares Out 0.001
Shares Short 5,941
Shares Short Previous Month Date 1,788,134,400
Shares Short Prior Month 2,078
Short Name Taiwan Fund, Inc. (The)
Short Percent Of Float 0.2824
Short Ratio 0.24
Source Interval 15
State NY
Symbol TWN
Total Cash 7,942,169
Total Cash Per Share 1.383
Total Debt 0
Total Revenue 6,613,093
Tradeable 0
Trailing Annual Dividend Rate 6.2
Trailing Annual Dividend Yield 0.060001932
Trailing Eps 38.39
Trailing P E 2.6793437
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 82.2715
Two Hundred Day Average Change 20.588501
Two Hundred Day Average Change Percent 0.2502507
Type Disp Equity
Volume 14,271
Website https://www.thetaiwanfund.com
Zip 10,019-7316