Taiwan Fund reports March 2019: NAV $20.00, market price $17.91, 10.45% discount
The Taiwan Fund, Inc. furnished its March 2019 monthly performance review under Regulation FD, with data as of March 31, 2019. The fund's net asset value was $20.00 per share against a market price of $17.91, and it returned 2.1% in March, underperforming its benchmark by 0.2%. The filing is informational, and the fund states no change to its core investment approach.
Key points
- Net asset value per share was $20.00 and market price was $17.91 as of March 31, 2019, a discount of 10.45%.
- The fund returned 2.1% in March versus 2.3% for the TAIEX Total Return Index, a 0.2% shortfall to benchmark.
- Year-to-date return was 12.9% for the fund versus 9.1% for the TAIEX Total Return Index.
- Semiconductors made up 39.2% of the fund, and Taiwan Semiconductor Manufacturing Co., Ltd. was its largest holding at 22.1%.
The filing
Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 29, 2019.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.