# EDGAR Filing Document

**Accession Number:** 0000804123
**File Stem:** 0001752724-23-001240
**Filing Date:** 2023-1
**Character Count:** 20467
**Document Hash:** 5f99e03c6e443e3e260ee4a814a63639
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-001240.hdr.sgml**: 20230112

**ACCESSION NUMBER**: 0001752724-23-001240

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230112

**DATE AS OF CHANGE**: 20230112

**PERIOD START**: 20230831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TAIWAN FUND INC
- **CENTRAL INDEX KEY:** 0000804123
- **IRS NUMBER:** 042942862
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04893
- **FILM NUMBER:** 23525907

**BUSINESS ADDRESS:**
- **STREET 1:** ONE LINCOLN STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111
- **BUSINESS PHONE:** 1-877-217-9502

**MAIL ADDRESS:**
- **STREET 1:** ONE LINCOLN STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02111

## Nport-Ex

THE TAIWAN FUND, INC.

SCHEDULE OF INVESTMENTS / NOVEMBER 30, 2022 (SHOWING PERCENTAGE OF NET ASSETS) *(unaudited)*

---

| | | |
|:---|:---|:---|
|  | *SHARES* | *US $ VALUE* |
| **COMMON STOCKS – 88.1%** |  |  |
| **COMMUNICATION SERVICES — 4.2%** |  |  |
| **Diversified Telecommunication Services — 2.1%** |  |  |
| Chunghwa Telecom Co. Ltd. | 1285000 | $4729969 |
| **Wireless Telecommunication Services — 2.1%** |  |  |
| Far EasTone Telecommunications Co. Ltd. | 1639000 | 3619039 |
| Taiwan Mobile Co. Ltd. | 373000 | 1155348 |
|  |  | 4774387 |
| TOTAL COMMUNICATION SERVICES |  | 9504356 |
| **CONSUMER DISCRETIONARY — 5.5%** |  |  |
| **Household Durables — 0.7%** |  |  |
| Nien Made Enterprise Co. Ltd. | 160000 | 1518940 |
| **Leisure Products — 0.5%** |  |  |
| Merida Industry Co. Ltd. | 198000 | 1198295 |
| **Textiles, Apparel & Luxury Goods — 4.3%** |  |  |
| Eclat Textile Co. Ltd. | 241000 | 3621106 |
| Feng TAY Enterprise Co. Ltd. | 290000 | 1772145 |
| Fulgent Sun International Holding Co. Ltd. | 505000 | 2493753 |
| Makalot Industrial Co. Ltd. | 196000 | 1492176 |
| Taiwan Paiho Ltd. | 100000 | 179568 |
|  |  | 9558748 |
| TOTAL CONSUMER DISCRETIONARY |  | 12275983 |
| **CONSUMER STAPLES — 0.6%** |  |  |
| **Food & Staples Retailing — 0.6%** |  |  |
| President Chain Store Corp. | 155000 | 1370292 |
| TOTAL CONSUMER STAPLES |  | 1370292 |
| **FINANCIALS — 1.3%** |  |  |
| **Diversified Financial Services — 1.3%** |  |  |
| Chailease Holding Co. Ltd. | 460000 | 3036176 |
| TOTAL FINANCIALS |  | 3036176 |
| **INDUSTRIALS — 3.5%** |  |  |
| **Electrical Equipment — 3.5%** |  |  |
| Advanced Energy Solution Holding Co. Ltd. | 290000 | 7771656 |
| TOTAL INDUSTRIALS |  | 7771656 |
| **INFORMATION TECHNOLOGY — 72.5%** |  |  |
| **Communications Equipment — 1.6%** |  |  |
| Accton Technology Corp. | 407000 | 3621594 |
| **Electronic Equipment, Instruments & Components — 17.4%** |  |  |
| Delta Electronics, Inc. | 945000 | 9344832 |
| E Ink Holdings, Inc. | 691000 | 4143322 |
| Genius Electronic Optical Co. Ltd. | 181000 | 2352243 |
| Gold Circuit Electronics Ltd. | 1772100 | 5671685 |
| Hon Hai Precision Industry Co. Ltd. | 916000 | 2999246 |
| Lotes Co. Ltd. | 203000 | 5749252 |
| Nan Ya Printed Circuit Board Corp. | 387000 | 3465426 |
| Tong Hsing Electronic Industries Ltd. | 389000 | 2489366 |
| Unimicron Technology Corp. | 566000 | 2913737 |
|  |  | 39129109 |
| **Semiconductors & Semiconductor Equipment — 48.8%** |  |  |
| Alchip Technologies Ltd. | 215000 | 6605546 |
| ASPEED Technology, Inc. | 95000 | 6605517 |
| eMemory Technology, Inc. | 185000 | 9028736 |
| Global Unichip Corp. | 322000 | 7791738 |
| Globalwafers Co. Ltd. | 78000 | 1211305 |
| Jentech Precision Industrial Co. Ltd. | 240000 | 2994209 |
| M31 Technology Corp. | 83000 | 1391434 |
| MediaTek, Inc. | 202000 | 4881088 |
| Nuvoton Technology Corp. | 1950000 | 7820213 |
| Parade Technologies Ltd. | 45000 | 1180987 |
| Realtek Semiconductor Corp. | 282000 | 2931656 |
| SDI Corp. | 934000 | 3213881 |
| Taiwan Semiconductor Manufacturing Co. Ltd. | 3367000 | 54073511 |
|  |  | 109729821 |
| **Technology Hardware, Storage & Peripherals — 4.7%** |  |  |
| Asia Vital Components Co. Ltd. | 1406000 | 5238155 |
| Gigabyte Technology Co. Ltd. | 481000 | 1714305 |
| Wiwynn Corp. | 125000 | 3607240 |
|  |  | 10559700 |
| TOTAL INFORMATION TECHNOLOGY |  | 163040224 |
| **MATERIALS — 0.5%** |  |  |
| **Chemicals — 0.5%** |  |  |
| Swancor Holding Co. Ltd. | 323000 | 1036664 |
| TOTAL MATERIALS |  | 1036664 |
| TOTAL COMMON STOCKS<br> (Cost — $166,346,906) |  | 198035351 |
| TOTAL INVESTMENTS — 88.1%<br> (Cost — $166,346,906) |  | 198035351 |
| OTHER ASSETS AND LIABILITIES, NET—11.9% |  | 26720214 |
| NET ASSETS—100.0% |  | $224755565 |

---

---

| |
|:---|
| **Legend:** |
| US $– United States dollar |

---

## Form NPORT-P: Monthly Portfolio Investments Report

### NPORT-P: Part A: General Information

**Item A.1. Information about the Registrant.**

- **a. Name of Registrant:** TAIWAN FUND INC

- **b. Investment Company Act file number:** 811-04893

- **c. CIK number of Registrant:** 0000804123

- **d. LEI of Registrant:** 549300B0OHIYIAWV0Z83

- **e. Address and telephone number of Registrant.**

  - **Street Address 1:** One Lincoln Street

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02111

  - **Telephone number:** 1-800-426-5523

**Item A.2. Information about the Series.**

- **a. Name of Series:** TAIWAN FUND INC

- **c. LEI of Series:** 549300B0OHIYIAWV0Z83

**Item A.3. Reporting period.**

- **a. Date of fiscal year-end:** 2023-08-31

- **b. Date as of which information is reported:** 2022-11-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $225241905.98

**Total Liabilities:** $486341.42

**Net Assets:** $224755564.56

**Cash Not Reported:** $26902054.40

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -16.63%              | -10.66%              | 30.53%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7222039.06             | $-23162195.34                              |
| Month 2  | $-1015907.83             | $-11334143.13                              |
| Month 3  | $-581682.47              | $43176587.25                               |

### Schedule of Portfolio Investments

| Name                                      | Title                                     | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| eMemory Technology Inc                    | eMemory Technology Inc                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    185000 | NS      | $9028736.28   | 4.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Chailease Holding Co Ltd                  | Chailease Holding Co Ltd                  | CUSIP: 000000000<br>LEI: 529900L76E6T0JCM3J27 | Long             | EC               | CORP              | KY        |    460000 | NS      | $3036175.96   | 1.35%             |  |  |  | No            |                  1 | On Loan: No      |
| Merida Industry Co Ltd                    | Merida Industry Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    198000 | NS      | $1198295.42   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Mobile Co Ltd                      | Taiwan Mobile Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    373000 | NS      | $1155347.74   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| Nuvoton Technology Corp                   | Nuvoton Technology Corp                   | CUSIP: 000000000<br>LEI: 25490081WZAX02O6MB63 | Long             | EC               | CORP              | TW        |   1950000 | NS      | $7820213.11   | 3.48%             |  |  |  | No            |                  1 | On Loan: No      |
| Far EasTone Telecommunications Co Ltd     | Far EasTone Telecommunications Co Ltd     | CUSIP: 000000000<br>LEI: 529900L7W7BWDLVZL253 | Long             | EC               | CORP              | TW        |   1639000 | NS      | $3619039.07   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Fulgent Sun International Holding Co Ltd  | Fulgent Sun International Holding Co Ltd  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    505000 | NS      | $2493753.53   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Tong Hsing Electronic Industries Ltd      | Tong Hsing Electronic Industries Ltd      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    389000 | NS      | $2489365.86   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| President Chain Store Corp                | President Chain Store Corp                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    155000 | NS      | $1370291.89   | 0.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Genius Electronic Optical Co Ltd          | Genius Electronic Optical Co Ltd          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    181000 | NS      | $2352243.34   | 1.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Paiho Ltd                          | Taiwan Paiho Ltd                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    100000 | NS      | $179567.78    | 0.08%             |  |  |  | No            |                  1 | On Loan: No      |
| Parade Technologies Ltd                   | Parade Technologies Ltd                   | CUSIP: 000000000<br>LEI: 529900D9FDQHQKAQLY02 | Long             | EC               | CORP              | KY        |     45000 | NS      | $1180986.59   | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Chunghwa Telecom Co Ltd                   | Chunghwa Telecom Co Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1285000 | NS      | $4729969.56   | 2.10%             |  |  |  | No            |                  1 | On Loan: No      |
| Lotes Co Ltd                              | Lotes Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    203000 | NS      | $5749251.64   | 2.56%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Unichip Corp                       | Global Unichip Corp                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    322000 | NS      | $7791737.88   | 3.47%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                              | MediaTek Inc                              | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |    202000 | NS      | $4881087.64   | 2.17%             |  |  |  | No            |                  1 | On Loan: No      |
| Unimicron Technology Corp                 | Unimicron Technology Corp                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    566000 | NS      | $2913737.07   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| Swancor Holding Co Ltd                    | Swancor Holding Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    323000 | NS      | $1036663.66   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Alchip Technologies Ltd                   | Alchip Technologies Ltd                   | CUSIP: 000000000<br>LEI: 529900HKE9RIY07SLX84 | Long             | EC               | CORP              | KY        |    215000 | NS      | $6605546.36   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| Asia Vital Components Co Ltd              | Asia Vital Components Co Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1406000 | NS      | $5238154.53   | 2.33%             |  |  |  | No            |                  1 | On Loan: No      |
| ASPEED Technology Inc                     | ASPEED Technology Inc                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     95000 | NS      | $6605516.53   | 2.94%             |  |  |  | No            |                  1 | On Loan: No      |
| M31 Technology Corp                       | M31 Technology Corp                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     83000 | NS      | $1391434.51   | 0.62%             |  |  |  | No            |                  1 | On Loan: No      |
| Jentech Precision Industrial Co Ltd       | Jentech Precision Industrial Co Ltd       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    240000 | NS      | $2994208.77   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Makalot Industrial Co Ltd                 | Makalot Industrial Co Ltd                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    196000 | NS      | $1492176.47   | 0.66%             |  |  |  | No            |                  1 | On Loan: No      |
| Delta Electronics Inc                     | Delta Electronics Inc                     | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |    945000 | NS      | $9344831.47   | 4.16%             |  |  |  | No            |                  1 | On Loan: No      |
| Gold Circuit Electronics Ltd              | Gold Circuit Electronics Ltd              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1772100 | NS      | $5671685.14   | 2.52%             |  |  |  | No            |                  1 | On Loan: No      |
| Nien Made Enterprise Co Ltd               | Nien Made Enterprise Co Ltd               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    160000 | NS      | $1518940.25   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Feng TAY Enterprise Co Ltd                | Feng TAY Enterprise Co Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    290000 | NS      | $1772144.53   | 0.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Eclat Textile Co Ltd                      | Eclat Textile Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    241000 | NS      | $3621105.56   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Wiwynn Corp                               | Wiwynn Corp                               | CUSIP: 000000000<br>LEI: 254900FV2R15PMKXFL69 | Long             | EC               | CORP              | TW        |    125000 | NS      | $3607240.46   | 1.60%             |  |  |  | No            |                  1 | On Loan: No      |
| Accton Technology Corp                    | Accton Technology Corp                    | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |    407000 | NS      | $3621593.95   | 1.61%             |  |  |  | No            |                  1 | On Loan: No      |
| Nan Ya Printed Circuit Board Corp         | Nan Ya Printed Circuit Board Corp         | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    387000 | NS      | $3465425.89   | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Gigabyte Technology Co Ltd                | Gigabyte Technology Co Ltd                | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    481000 | NS      | $1714305.01   | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| Realtek Semiconductor Corp                | Realtek Semiconductor Corp                | CUSIP: 000000000<br>LEI: 5299002E7F36O00MYY75 | Long             | EC               | CORP              | TW        |    282000 | NS      | $2931656.35   | 1.30%             |  |  |  | No            |                  1 | On Loan: No      |
| E Ink Holdings Inc                        | E Ink Holdings Inc                        | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |    691000 | NS      | $4143322.12   | 1.84%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   3367000 | NS      | $54073511.23  | 24.06%            |  |  |  | No            |                  1 | On Loan: No      |
| Globalwafers Co Ltd                       | Globalwafers Co Ltd                       | CUSIP: 000000000<br>LEI: 529900V6RTNF3U5EGX67 | Long             | EC               | CORP              | TW        |     78000 | NS      | $1211304.86   | 0.54%             |  |  |  | No            |                  1 | On Loan: No      |
| Hon Hai Precision Industry Co Ltd         | Hon Hai Precision Industry Co Ltd         | CUSIP: 000000000<br>LEI: 30030004CM3GSZXX7O56 | Long             | EC               | CORP              | TW        |    916000 | NS      | $2999246.10   | 1.33%             |  |  |  | No            |                  1 | On Loan: No      |
| Advanced Energy Solution Holding Co Ltd   | Advanced Energy Solution Holding Co Ltd   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    290000 | NS      | $7771655.67   | 3.46%             |  |  |  | No            |                  1 | On Loan: No      |
| SDI Corp                                  | SDI Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    934000 | NS      | $3213881.38   | 1.43%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2022-12-19

**Name of Applicant:** TAIWAN FUND INC

**Signature:** Monique Labbe

**Name of Signer:** Monique Labbe

**Title:** Treasurer and Principal Financial Officer