The Taiwan Fund reports April NAV rose 2.2%, trailing TAIEX gain of 2.8%
The Taiwan Fund furnished its April 2019 monthly performance review, prepared by investment adviser JF International Management, under Regulation FD. As of April 30, 2019, net asset value was $20.44 per share and the market price was $18.08, a 11.55% discount, and the fund reported a 2.2% one-month return in US dollar terms, which the filing says trailed the TAIEX by 0.6%.
Key points
- As of 04/30/19, net asset value per share was $20.44 and market price was $18.08, a premium/discount of -11.55%.
- One-month return in US dollar terms was 2.2% for the fund, 0.9% for the market price, and 2.8% for the TAIEX Total Return Index.
- Taiwan Semiconductor Manufacturing Co., Ltd. was the largest holding at 23.0% of fund assets; semiconductors totaled 39.0%.
- Largan Precision Co., Ltd. was a key detractor in April due to weaker margins, according to the filing.
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 May 20, 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.