# EDGAR Filing Document

**Accession Number:** 0000804123
**File Stem:** 0001752724-25-164692
**Filing Date:** 2025-7
**Character Count:** 18766
**Document Hash:** 43b2b4529137fed282b7026e5f3ffd0c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-164692.hdr.sgml**: 20250702

**ACCESSION NUMBER**: 0001752724-25-164692

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250702

**DATE AS OF CHANGE**: 20250702

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** TAIWAN FUND INC
- **CENTRAL INDEX KEY:** 0000804123

**ORGANIZATION NAME:**
- **EIN:** 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:** 251100623

**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 / May 31, 2025 (Showing Percentage of Net Assets) *(unaudited)*

---

| | | |
|:---|:---|:---|
|  | *SHARES* | *US $ VALUE* |
| **COMMON STOCKS – 95.5%** |  |  |
| **CONSUMER DISCRETIONARY — 8.6%** |  |  |
| **Hotels, Restaurants & Leisure — 0.5%** |  |  |
| Gourmet Master Co. Ltd. | 461000 | $1430602 |
| **Household Durables — 4.0%** |  |  |
| Nien Made Enterprise Co. Ltd. | 799000 | 11544355 |
| **Leisure Products — 2.6%** |  |  |
| Giant Manufacturing Co. Ltd. | 370000 | 1469209 |
| KMC Kuei Meng International, Inc. | 20000 | 66737 |
| Merida Industry Co. Ltd. (a) | 1542000 | 6097302 |
|  |  | 7633248 |
| **Textiles, Apparel & Luxury Goods — 1.5%** |  |  |
| Fulgent Sun International Holding Co. Ltd. (a) | 1234899 | 4264880 |
| TOTAL CONSUMER DISCRETIONARY |  | 24873085 |
| **INDUSTRIALS — 8.1%** |  |  |
| **Electrical Equipment — 7.2%** |  |  |
| Advanced Energy Solution Holding Co. Ltd. | 188000 | 6461451 |
| Bizlink Holding, Inc. (a) | 666000 | 14334051 |
|  |  | 20795502 |
| **Industrial Machinery & Supplies — 0.9%** |  |  |
| Shin Zu Shing Co. Ltd. | 444000 | 2666800 |
| TOTAL INDUSTRIALS |  | 23462302 |
| **INFORMATION TECHNOLOGY — 75.7%** |  |  |
| **Communications Equipment — 1.9%** |  |  |
| Accton Technology Corp. | 121000 | 3007992 |
| EZconn Corp. | 166000 | 2564626 |
|  |  | 5572618 |
| **Electronic Equipment, Instruments & Components — 10.2%** | **Electronic Equipment, Instruments & Components — 10.2%** |  |
| Delta Electronics, Inc. | 945000 | 11793383 |
| Dynapack International Technology Corp. (a) \* | 724000 | 4892137 |
| E Ink Holdings, Inc. | 187000 | 1322856 |
| Fositek Corp. (a) | 276000 | 5369238 |
| Lotes Co. Ltd. (a) | 146000 | 6406393 |
|  |  | 29784007 |
| **Semiconductors & Semiconductor Equipment — 51.7%** | **Semiconductors & Semiconductor Equipment — 51.7%** |  |
| Alchip Technologies Ltd. (a) | 85000 | 7970035 |
| Elite Advanced Laser Corp. \* | 308000 | 1962995 |
| eMemory Technology, Inc. | 137000 | 10994377 |
| Global Unichip Corp. | 100000 | 3887415 |
| Grand Process Technology Corp. (a) | 252000 | 10006507 |
| Jentech Precision Industrial Co. Ltd. (a) | 334000 | 15101523 |
| LandMark Optoelectronics Corp. | 724000 | 7114737 |

---

---

| | | | |
|:---|:---|:---|:---|
|  | *SHARES* | *SHARES* | *US $ VALUE* |
| **INFORMATION TECHNOLOGY — *(continued)*** | **INFORMATION TECHNOLOGY — *(continued)*** |  |  |
| **Semiconductors & Semiconductor Equipment — 51.7%** | **Semiconductors & Semiconductor Equipment — 51.7%** | **Semiconductors & Semiconductor Equipment — 51.7%** |  |
| MediaTek, Inc. |  | 96000 | $4036238 |
| MPI Corp. |  | 120000 | 3183343 |
| Taiwan Semiconductor Manufacturing Co. Ltd. |  | 2497000 | 80571233 |
| Visual Photonics Epitaxy Co. Ltd. (a) |  | 664000 | 2293208 |
| WinWay Technology Co. Ltd. (a) |  | 77000 | 2851995 |
|  |  |  | 149973606 |
| **Technology Hardware, Storage & Peripherals — 11.9%** | **Technology Hardware, Storage & Peripherals — 11.9%** | **Technology Hardware, Storage & Peripherals — 11.9%** |  |
| Asia Vital Components Co. Ltd. |  | 150000 | 3103258 |
| King Slide Works Co. Ltd. |  | 198000 | 13544222 |
| Quanta Computer, Inc. \* |  | 1050000 | 9512488 |
| Wistron Corp. (a) |  | 1299000 | 5049752 |
| Wiwynn Corp. |  | 40000 | 3230058 |
|  |  |  | 34439778 |
| TOTAL INFORMATION TECHNOLOGY |  |  | 219770009 |
| **MATERIALS — 3.1%** |  |  |  |
| **Metals & Mining — 3.1%** |  |  |  |
| Century Iron & Steel Industrial Co. Ltd. (a) |  | 1488000 | 8937384 |
| TOTAL MATERIALS |  |  | 8937384 |
| TOTAL COMMON STOCKS<br> (Cost — $172,458,270) |  |  | 277042780 |
| TOTAL INVESTMENTS — 95.5%<br> (Cost — $172,458,270) |  |  | 277042780 |
| OTHER ASSETS AND LIABILITIES, NET—4.5% |  |  | 13084755 |
| NET ASSETS—100.0% |  |  | $290127535 |

---

**Legend:**

US $– United States dollar

\* Non-income producing

(a) All or a portion of the security is on loan. The market value
of the securities on loan is $43,266,233, collateralized by non-cash collateral such as U.S. Government securities in the amount of $45,699,754.

## 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 Congress Street

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02114-2016

  - **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:** 2025-08-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $290108374.36

**Total Liabilities:** $320118.44

**Net Assets:** $289788255.92

**Cash Not Reported:** $11590996.89

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -10.82%              | -3.04%               | 17.30%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $980564.20               | $-46977910.37                              |
| Month 2  | $-1292625.57             | $6753470.12                                |
| Month 3  | $1437541.18              | $43563190.74                               |

### 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        |    137000 | NS      | $10994377.43  | 3.79%             |  |  |  | No            |                  1 | On Loan: No      |
| Merida Industry Co Ltd                    | Merida Industry Co Ltd                    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1542000 | NS      | $6097302.17   | 2.10%             |  |  |  | No            |                  1 | On Loan: —       |
| Fulgent Sun International Holding Co Ltd  | Fulgent Sun International Holding Co Ltd  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |   1234899 | NS      | $4264879.67   | 1.47%             |  |  |  | No            |                  1 | On Loan: —       |
| Wistron Corp                              | Wistron Corp                              | CUSIP: 000000000<br>LEI: 254900DIEONKUALBFM06 | Long             | EC               | CORP              | TW        |   1299000 | NS      | $5049752.24   | 1.74%             |  |  |  | No            |                  1 | On Loan: —       |
| Lotes Co Ltd                              | Lotes Co Ltd                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    146000 | NS      | $6406393.38   | 2.21%             |  |  |  | No            |                  1 | On Loan: —       |
| KMC Kuei Meng International Inc           | KMC Kuei Meng International Inc           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     20000 | NS      | $66736.74     | 0.02%             |  |  |  | No            |                  1 | On Loan: No      |
| Global Unichip Corp                       | Global Unichip Corp                       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    100000 | NS      | $3887415.12   | 1.34%             |  |  |  | No            |                  1 | On Loan: No      |
| MediaTek Inc                              | MediaTek Inc                              | CUSIP: 000000000<br>LEI: 254900UEGBK1I4DM4E14 | Long             | EC               | CORP              | TW        |     96000 | NS      | $4036238.05   | 1.39%             |  |  |  | No            |                  1 | On Loan: No      |
| Alchip Technologies Ltd                   | Alchip Technologies Ltd                   | CUSIP: 000000000<br>LEI: 529900HKE9RIY07SLX84 | Long             | EC               | CORP              | KY        |     85000 | NS      | $7970035.20   | 2.75%             |  |  |  | No            |                  1 | On Loan: —       |
| Elite Advanced Laser Corp                 | Elite Advanced Laser Corp                 | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    308000 | NS      | $1962994.48   | 0.68%             |  |  |  | No            |                  1 | On Loan: No      |
| Grand Process Technology Corp             | Grand Process Technology Corp             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    252000 | NS      | $10006506.83  | 3.45%             |  |  |  | No            |                  1 | On Loan: —       |
| Quanta Computer Inc                       | Quanta Computer Inc                       | CUSIP: 000000000<br>LEI: 529900DE8BIV3XOXIK04 | Long             | EC               | CORP              | TW        |   1050000 | NS      | $9512488.11   | 3.28%             |  |  |  | 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        |    150000 | NS      | $3103258.42   | 1.07%             |  |  |  | No            |                  1 | On Loan: No      |
| Shin Zu Shing Co Ltd                      | Shin Zu Shing Co Ltd                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    444000 | NS      | $2666800.14   | 0.92%             |  |  |  | No            |                  1 | On Loan: No      |
| Visual Photonics Epitaxy Co Ltd           | Visual Photonics Epitaxy Co Ltd           | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    664000 | NS      | $2293207.87   | 0.79%             |  |  |  | No            |                  1 | On Loan: —       |
| Gourmet Master Co Ltd                     | Gourmet Master Co Ltd                     | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    461000 | NS      | $1430602.13   | 0.49%             |  |  |  | No            |                  1 | On Loan: No      |
| WinWay Technology Co Ltd                  | WinWay Technology Co Ltd                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |     77000 | NS      | $2851994.59   | 0.98%             |  |  |  | No            |                  1 | On Loan: —       |
| Jentech Precision Industrial Co Ltd       | Jentech Precision Industrial Co Ltd       | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    334000 | NS      | $15101523.27  | 5.21%             |  |  |  | No            |                  1 | On Loan: —       |
| Century Iron & Steel Industrial Co Ltd    | Century Iron & Steel Industrial Co Ltd    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |   1488000 | NS      | $8937384.25   | 3.08%             |  |  |  | No            |                  1 | On Loan: —       |
| Fositek Corp                              | Fositek Corp                              | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    276000 | NS      | $5369237.70   | 1.85%             |  |  |  | No            |                  1 | On Loan: —       |
| Delta Electronics Inc                     | Delta Electronics Inc                     | CUSIP: 000000000<br>LEI: 529900UVZWNWGDLJSM52 | Long             | EC               | CORP              | TW        |    945000 | NS      | $11793383.05  | 4.07%             |  |  |  | No            |                  1 | On Loan: No      |
| King Slide Works Co Ltd                   | King Slide Works Co Ltd                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    198000 | NS      | $13544221.43  | 4.67%             |  |  |  | No            |                  1 | On Loan: No      |
| Dynapack International Technology Corp    | Dynapack International Technology Corp    | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    724000 | NS      | $4892136.74   | 1.69%             |  |  |  | No            |                  1 | On Loan: —       |
| Nien Made Enterprise Co Ltd               | Nien Made Enterprise Co Ltd               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    799000 | NS      | $11544354.91  | 3.98%             |  |  |  | No            |                  1 | On Loan: No      |
| Wiwynn Corp                               | Wiwynn Corp                               | CUSIP: 000000000<br>LEI: 254900FV2R15PMKXFL69 | Long             | EC               | CORP              | TW        |     40000 | NS      | $3230058.23   | 1.11%             |  |  |  | No            |                  1 | On Loan: No      |
| Accton Technology Corp                    | Accton Technology Corp                    | CUSIP: 000000000<br>LEI: 529900M1YRZ0GWMDF920 | Long             | EC               | CORP              | TW        |    121000 | NS      | $3007991.72   | 1.04%             |  |  |  | No            |                  1 | On Loan: No      |
| Giant Manufacturing Co Ltd                | Giant Manufacturing Co Ltd                | CUSIP: 000000000<br>LEI: 549300M7TYVF50B2GY12 | Long             | EC               | CORP              | TW        |    370000 | NS      | $1469209.34   | 0.51%             |  |  |  | No            |                  1 | On Loan: No      |
| E Ink Holdings Inc                        | E Ink Holdings Inc                        | CUSIP: 000000000<br>LEI: 529900UOR451FJJYL571 | Long             | EC               | CORP              | TW        |    187000 | NS      | $1322855.67   | 0.46%             |  |  |  | No            |                  1 | On Loan: No      |
| MPI Corp                                  | MPI Corp                                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    120000 | NS      | $3183342.51   | 1.10%             |  |  |  | No            |                  1 | On Loan: No      |
| LandMark Optoelectronics Corp             | LandMark Optoelectronics Corp             | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    724000 | NS      | $7114737.14   | 2.46%             |  |  |  | No            |                  1 | On Loan: No      |
| Taiwan Semiconductor Manufacturing Co Ltd | Taiwan Semiconductor Manufacturing Co Ltd | CUSIP: 000000000<br>LEI: 549300KB6NK5SBD14S87 | Long             | EC               | CORP              | TW        |   2497000 | NS      | $80571233.13  | 27.80%            |  |  |  | No            |                  1 | On Loan: No      |
| EZconn Corp                               | EZconn Corp                               | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | TW        |    166000 | NS      | $2564626.19   | 0.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Bizlink Holding Inc                       | Bizlink Holding Inc                       | CUSIP: 000000000<br>LEI: 213800YAKRFVU5XOX138 | Long             | EC               | CORP              | KY        |    666000 | NS      | $14334050.75  | 4.95%             |  |  |  | No            |                  1 | On Loan: —       |
| Advanced Energy Solution Holding Co Ltd   | Advanced Energy Solution Holding Co Ltd   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EC               | CORP              | KY        |    188000 | NS      | $6461451.19   | 2.23%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** TAIWAN FUND INC

**Signature:** Monique Labbe

**Name of Signer:** Monique Labbe

**Title:** Treasurer and Principal Financial Officer