# The Taiwan Fund, Inc. (TWN): Mutual Fund Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/twn for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: — · Asset class: Equity - Strategy: Thematic · Inception: 1986-12-16 The Taiwan Fund, Inc., a closed-end equity mutual fund, is overseen by JF International Management Inc. It primarily allocates capital to publicly traded stocks within Taiwan's markets, aiming to construct a portfolio diversified across various sectors. To build this portfolio, the fund engages in thorough fundamental analysis, evaluating numerous criteria. These criteria include a company's growth outlook, its competitive standing within its industry, technological advancements, research and development initiatives, operational efficiency, labor and raw material costs and sources, profit m... ## Key Facts | Metric | Value | |---|---| | Price | $91.31 | | Expense Ratio | 1.32% | | Assets Under Management | $524.3M | | NAV | — | | Holdings Count | — | | Distribution Yield (TTM) | 6.79% | | Annual Distribution (TTM) | $6.20 /share | | Distribution Frequency | Annual | | 52-Week Range | $51.37 – $108.83 | | Beta | 1.51 | ## Latest Distribution - Amount: $6.2002 /share - Ex-date: 2025-12-29 - Pay date: 2026-01-06 ## Frequently Asked Questions ### What does TWN invest in? The Taiwan Fund, Inc., a closed-end equity mutual fund, is overseen by JF International Management Inc. It primarily allocates capital to publicly traded stocks within Taiwan's markets, aiming to construct a portfolio diversified across various sectors. To build this portfolio, the fund engages in thorough fundamental analysis, evaluating numerous criteria. These criteria include a company's growth outlook, its competitive standing within its industry, technological advancements, research and development initiatives, operational efficiency, labor and raw material costs and sources, profit margins, return on investment, available capital resources, government regulations, and the quality of its management team. Its performance is measured against the TAIEX Total Return Index. The fund, which was established on December 23, 1986, is domiciled in the United States. ### What is the expense ratio of TWN? The Taiwan Fund, Inc. (TWN) charges an expense ratio of 1.32%. This is the annual fee deducted from fund assets to cover management and operations. ### How big is TWN? The Taiwan Fund, Inc. (TWN) manages $524.3M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation. ### Is TWN actively managed or an index fund? TWN's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy. ### When was TWN launched? The Taiwan Fund, Inc. (TWN) launched in December 1986 and is managed by the fund issuer. ### How has TWN performed? TWN's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon. ### Does TWN pay a dividend? The Taiwan Fund, Inc. (TWN) currently distributes little or no income. Trailing-twelve-month yield is 6.79%. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does TWN pay dividends? The Taiwan Fund, Inc. pays dividends Annual. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is TWN's dividend yield? TWN's trailing-twelve-month yield is 6.79%, calculated from the sum of dividends over the past year divided by the current price. ### When is TWN's next ex-dividend date? The most recently announced ex-dividend date for TWN was 2025-12-29. The next ex-date typically follows Annual; once announced it appears at the top of the dividend history table on this page. ### How much will TWN's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.32% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does TWN charge its expense ratio? The expense ratio is deducted in tiny daily slices from TWN's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does TWN cost more than a fund like VOO? TWN's strategy (current expense ratio 1.32%) is different from a broad-market index tracker like VOO, so its fee belongs to a different cohort. The Cost Verdict card above shows you where TWN sits within its own category, which is the comparison that actually matters. ### Are there cheaper alternatives to TWN? The Lower-Fee Alternatives card above lists mutual funds following the same investment strategy as TWN (1.32%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/twn - Distribution history: https://www.dividenddata.com/funds/twn/dividend - Holdings & diversification: https://www.dividenddata.com/funds/twn/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/twn/expenses - Peer comparison: https://www.dividenddata.com/funds/twn/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.