1607 Capital Partners LLC Sells 24,473 Shares of Taiwan Fund, Inc. (The) $TWN

Key Points

• 1607 Capital Partners cut its stake in Taiwan Fund by 16.9%, selling 24,473 shares and reducing its holding to 120,032 shares (about 1.88% of the fund) valued at roughly $6.50M.
• Director William C. Kirby purchased 50,687 shares at an average price of $64.90 (≈$3.29M), and company insiders now own about 2.00% of the stock.
• Taiwan Fund paid an annual dividend of $6.2002 per share on Jan 6 (article cites a stated yield of 1,171.0%), and TWN recently traded around $61.84 with a 12‑month range of $26.45–$67.83.

1607 Capital Partners LLC lowered its stake in shares of Taiwan Fund, Inc. (The) (NYSE:TWN - Free Report) by 16.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 120,032 shares of the company's stock after selling 24,473 shares during the quarter. 1607 Capital Partners LLC owned about 1.88% of Taiwan Fund worth $6,496,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Rock Creek Group LP grew its holdings in shares of Taiwan Fund by 1,061.6% during the 3rd quarter. Rock Creek Group LP now owns 66,210 shares of the company's stock worth $3,585,000 after acquiring an additional 60,510 shares during the period. Shaker Financial Services LLC raised its position in shares of Taiwan Fund by 15.2% in the 3rd quarter. Shaker Financial Services LLC now owns 49,438 shares of the company's stock worth $2,676,000 after acquiring an additional 6,537 shares in the last quarter. Karpus Management Inc. lifted its stake in shares of Taiwan Fund by 86.4% in the 2nd quarter. Karpus Management Inc. now owns 91,145 shares of the company's stock valued at $4,084,000 after purchasing an additional 42,256 shares during the period. Osaic Holdings Inc. lifted its stake in shares of Taiwan Fund by 40.8% in the 2nd quarter. Osaic Holdings Inc. now owns 1,067 shares of the company's stock valued at $48,000 after purchasing an additional 309 shares during the period. Finally, Quantedge Capital Pte Ltd boosted its position in shares of Taiwan Fund by 2.1% during the second quarter. Quantedge Capital Pte Ltd now owns 37,037 shares of the company's stock valued at $1,660,000 after purchasing an additional 765 shares in the last quarter.

Insider Buying and Selling at Taiwan Fund

In other Taiwan Fund news, Director William C. Kirby bought 50,687 shares of Taiwan Fund stock in a transaction dated Thursday, February 26th. The shares were purchased at an average cost of $64.90 per share, with a total value of $3,289,586.30. Following the transaction, the director directly owned 2,886 shares of the company's stock, valued at $187,301.40. This represents a -106.04% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. 2.00% of the stock is owned by corporate insiders.

Taiwan Fund Stock Up 0.9%

Shares of TWN stock opened at $61.84 on Friday. The business's fifty day moving average is $59.22 and its 200 day moving average is $56.51. Taiwan Fund, Inc. has a twelve month low of $26.45 and a twelve month high of $67.83.

Taiwan Fund Cuts Dividend

The firm also recently announced an annual dividend, which was paid on Tuesday, January 6th. Stockholders of record on Monday, December 29th were issued a dividend of $6.2002 per share. This represents a dividend yield of 1,171.0%. The ex-dividend date was Monday, December 29th.

About Taiwan Fund

Taiwan Fund, Inc NYSE: TWN is a closed-end management investment company that offers U.S. investors direct exposure to the Taiwanese equity market. Listed on the New York Stock Exchange, the fund seeks capital appreciation through a diversified portfolio of equity securities issued primarily by companies based in Taiwan. Its strategy provides access to one of Asia's most dynamic markets, focusing on sectors such as technology, semiconductors, manufacturing, financial services and consumer goods.

The fund typically invests in common stocks of Taiwanese issuers traded on the Taiwan Stock Exchange, as well as equity-related instruments such as ADRs and foreign-listed securities of Taiwanese companies.

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