No insider purchase over the last 90 days. The latest, by Kirby William C., was filed 27 Feb 2026.
Taiwan Fund Inc belongs to the Finance & Banking sector. Filings by its managers are published through SEC (Form 4). From 18 October 2025 to 18 October 2026, the disclosure feed for Taiwan Fund Inc logged 1 filing by 1 insider.
Every open-market trade in the period is a purchase: 1 purchase worth €2.8M, from 1 insider, and not a single sale. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. The buyers include 1 senior executive. At €2.8M, the purchase published on 27 February 2026 by Kirby William C. is the largest of the period.
The most recent open-market purchase was published on 27 February 2026, 233 days ago.
With 1 filing in twelve months, the company is quieter than the median of 19 filings across the 5,816 companies we follow on the same exchange. Our records for Taiwan Fund Inc go back to 2021, with 5 purchases and no sales on the open market in total.
Elsewhere in the same sector, our signals recently picked up insider purchases at First Guaranty Bancshares, Inc. and BCB Bancorp Inc. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended August 2024 · cache
5 of 5 declarations
The Taiwan Fund, Inc. (NYSE: TWN) is a U.S.-listed investment company structured as a diversified closed-end fund under the Investment Company Act of 1940. It is incorporated in Maryland, with its principal administrative offices in Boston, Massachusetts, United States, through State Street Bank and Trust at One Lincoln Street. From an equity-research perspective, TWN is not an operating business in the traditional sense; it is a listed portfolio vehicle whose core purpose is to provide investors with concentrated exposure to Taiwan-listed equities in a U.S. market wrapper. ([sec.gov](https://www.sec.gov/Archives/edgar/data/804123/000139834425008980/fp0092752-3_ncsrs.htm?utm_source=openai))
Historically, The Taiwan Fund was created to give international investors a practical way to access Taiwan’s equity market without having to build local market infrastructure. SEC filings describe it as a closed-end management investment fund, and historical disclosures note that its shares have been listed on the New York Stock Exchange. That legacy matters because it frames the company’s role: TWN serves as a specialist access point to a single-country market that is both strategically important and highly concentrated. ([sec.gov](https://www.sec.gov/Archives/edgar/data/804123/000139834418001387/fp0030885_ex991.htm?utm_source=openai))
The fund is managed by an external investment manager, currently Nomura Asset Management U.S.A. Inc. Recent SEC reports show that the portfolio’s benchmark is the TAIEX Total Return Index, which is the Taiwan Stock Exchange benchmark. In practical terms, TWN is designed to capture the performance of Taiwan’s equity market, with meaningful sensitivity to sectors such as technology, industrials and financials. Given Taiwan’s global importance in semiconductors and advanced manufacturing, the fund’s return profile can be heavily influenced by AI-related demand, chip cycles and broader risk appetite toward Asia. ([sec.gov](https://www.sec.gov/Archives/edgar/data/804123/000139834425008980/fp0092752-3_ncsrs.htm?utm_source=openai))
In competitive terms, TWN sits in a niche category of country-specific closed-end funds. Its competitive edge lies in specialization: a dedicated Taiwan mandate, U.S. listing, dollar-denominated trading, and a professional manager with local-market expertise. The main structural drawback is also typical of closed-end funds: the market price may trade at a premium or discount to NAV, so investors are exposed not only to underlying portfolio performance but also to sentiment around the fund vehicle itself. That makes TWN more of a tactical allocation instrument than a plain-vanilla index proxy. ([sec.gov](https://www.sec.gov/Archives/edgar/data/804123/000139834425008980/fp0092752-3_ncsrs.htm?utm_source=openai))
Recent developments reinforce the importance of the Taiwan exposure itself. In the semiannual report for the period ended February 28, 2026, the fund reported a strong NAV total return and explicitly linked Taiwan market performance to robust AI and semiconductor demand. For the fiscal year ended August 31, 2025, the fund also reported a meaningful outperformance versus the TAIEX benchmark. For investors in the United States and abroad, TWN therefore remains a specialist listed vehicle for accessing Taiwan’s equity story, rather than an operating company with products or services of its own. ([sec.gov](https://www.sec.gov/Archives/edgar/data/804123/000139834426008260/fp0098006-3_ncsrs.htm?utm_source=openai))
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