Nathaniel T. Jones
About Nathaniel T. Jones
Nathaniel T. Jones (born 1979) serves as Vice President and Treasurer of the Nuveen S&P 500 Buy-Write Income Fund (BXMX), with an indefinite term and service since 2016; he is a Senior Managing Director at Nuveen and Senior Managing Director of Nuveen Fund Advisors, LLC, and is a Chartered Financial Analyst (CFA) . BXMX proxy filings do not disclose officer compensation or performance-tied metrics for fund officers, and explicitly state that officers receive no compensation from the Funds .
Past Roles
| Organization | Role | Years | Source |
|---|---|---|---|
| Nuveen (Nuveen, LLC) | Vice President | 2011–2016 | |
| Nuveen (Nuveen, LLC) | Senior Vice President | 2016–2017 | |
| Nuveen (Nuveen, LLC) | Managing Director | 2017–2021 | |
| Nuveen (Nuveen, LLC) | Senior Managing Director | 2021–Present | |
| Nuveen Fund Advisors, LLC | Managing Director | Since 2015 | |
| Nuveen Fund Advisors, LLC | Senior Managing Director | Current title (year not specified) | |
| Nuveen S&P 500 Buy-Write Income Fund (BXMX) | Vice President and Treasurer | Since 2016 (term: indefinite) |
External Roles
| Organization | Role | Years | Source |
|---|---|---|---|
| — | No external directorships/roles disclosed for Jones in BXMX proxy filings | — |
Fixed Compensation
| Component | Disclosure | Source |
|---|---|---|
| Fund officer compensation | Officers receive no compensation from the Funds | |
| Compensation breakdown (salary/bonus/equity) | Not disclosed at the Fund level for officers |
Performance Compensation
| Metric/Instrument | Weighting | Target | Actual | Payout | Vesting | Disclosure |
|---|---|---|---|---|---|---|
| Fund officer incentives (e.g., bonus, RSUs/PSUs, options) | — | — | — | — | — | Not disclosed for Fund officers; officers are not compensated by the Funds |
| Performance metrics tied to officer pay (TSR, revenue, EBITDA, ESG) | — | — | — | — | — | Not disclosed for Fund officers |
Equity Ownership & Alignment
- BXMX proxies present share ownership tables for board members/nominees and officers as a group; individual officer holdings are not itemized, so Jones’s specific BXMX share ownership is not disclosed .
- Major beneficial owner of BXMX: Morgan Stanley (including Morgan Stanley Smith Barney LLC) held 11,325,065 common shares (10.9%) as of February 15, 2024 .
| Item | Detail | As-of | Source |
|---|---|---|---|
| Individual officer ownership (Jones) | Not individually disclosed; officers reported as a group | Various proxy dates | |
| 5%+ holder | Morgan Stanley (including Morgan Stanley Smith Barney LLC): 11,325,065 shares (10.9%) | Feb 15, 2024 |
Employment Terms
| Term | Disclosure | Source |
|---|---|---|
| Title | Vice President and Treasurer | |
| Term of office | Indefinite | |
| Length of service | Since 2016 | |
| Employer affiliation | Senior Managing Director of Nuveen; Senior Managing Director of Nuveen Fund Advisors, LLC | |
| Credentials | Chartered Financial Analyst (CFA) | |
| Officer election/tenure mechanics | Officers are elected by the Board and serve until successors are elected and qualified; officers receive no compensation from the Funds |
Investment Implications
- Compensation alignment: Because officers receive no compensation from the Funds and officer incentive metrics are not disclosed at the fund level, there are no BXMX-specific pay-for-performance levers (e.g., TSR-tied awards) evident in proxy filings for Jones .
- Tenure/continuity: Jones has served as Vice President and Treasurer since 2016 and holds a Senior Managing Director role at Nuveen, indicating continuity in fund treasury leadership .
- Ownership transparency: BXMX reports officer holdings only in aggregate, not by individual; combined with a concentrated external holder (Morgan Stanley at 10.9% as of Feb 15, 2024), investors should be aware that individual officer “skin-in-the-game” in BXMX is not observable from proxy data and external holders may influence trading dynamics and governance outcomes .