Jeremy Franklin
About Jeremy Franklin
Jeremy D. Franklin (born 1983) serves as Vice President and Assistant Secretary of Nuveen Mortgage & Income Fund (JLS), with an indefinite term and service since 2024. His principal capacities span Managing Director and Assistant Secretary at Nuveen Fund Advisors, and Associate General Counsel/Assistant Secretary roles across Nuveen Asset Management, Teachers Advisors, and TIAA-CREF Investment Management, indicating a legal, governance, and compliance-focused executive profile . The Fund reports no employees and officers receive no compensation from the Fund, so pay-for-performance metrics (TSR, revenue, EBITDA) tied to his compensation are not disclosed at the fund level .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | Managing Director and Assistant Secretary | Not disclosed | Fund complex governance; officer of multiple Nuveen funds |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel, Assistant Secretary | Not disclosed | Legal oversight; investment adviser entity governance |
| Teachers Advisors, LLC | Vice President, Associate General Counsel, Assistant Secretary | Not disclosed | Legal and fund complex governance across TIAA-affiliated funds |
| TIAA-CREF Investment Management, LLC | Vice President, Associate General Counsel, Assistant Secretary | Not disclosed | Legal, compliance, and product governance support |
| Teachers Insurance and Annuity Association of America | Vice President and Associate General Counsel | Not disclosed | Corporate legal leadership; alignment with parent enterprise |
| TIAA Separate Account VA-1; College Retirement Equities Fund; TIAA-CREF Funds; TIAA-CREF Life Funds | Vice President/Assistant Secretary (various) | Not disclosed | Registered product governance; officer roles across the fund family |
External Roles
No public-company board positions, committee roles, or external directorships are disclosed for Jeremy Franklin in the JLS proxy .
Fixed Compensation
- Officers of the Funds receive no compensation from the Fund; the CCO’s compensation is paid by the Adviser (Nuveen) and an allocable portion of CCO incentive compensation is reimbursed by the Funds .
- Base salary, target bonus, and actual bonus for Jeremy Franklin are not disclosed at the Fund level .
Performance Compensation
- Stock awards (RSUs/PSUs), options, performance metrics, vesting schedules, clawbacks, and any bonus payout detail for Jeremy Franklin are not disclosed by the Fund (closed-end fund structure with no employees/officer pay from the Fund) .
Equity Ownership & Alignment
| Item | Detail |
|---|---|
| Individual beneficial ownership (JLS) | Not disclosed in proxy for Jeremy Franklin |
| Officers and trustees ownership (group) | As of Feb 18, 2025, Board Members and executive officers as a group beneficially owned less than 1% of outstanding shares of each Fund |
| Shares outstanding (JLS Common) | 5,476,626 common shares as of Feb 18, 2025 |
| Section 16 compliance | Funds report Board Members/officers and affiliated persons complied with Section 16(a) filing requirements in the last fiscal year |
| Pledging/hedging | No pledging or hedging by Jeremy Franklin is disclosed; no delinquent filings reported |
| Ownership guidelines | A governance principle expects Board Members (not officers) to invest at least one year of compensation in funds in the complex (applies to trustees; not stated for officers) |
Employment Terms
| Term Component | Disclosure |
|---|---|
| Title | Vice President and Assistant Secretary (JLS) |
| Appointment/Service | Length of service since 2024; term: indefinite |
| Employer/payor | Officers serve without compensation from the Funds; compensation paid by the Adviser (Nuveen) |
| Contract term length/expiration | Not disclosed |
| Severance provisions | Not disclosed |
| Change-of-control triggers, accelerated vesting | Not disclosed |
| Non-compete/non-solicit/garden leave | Not disclosed |
| Clawbacks/tax gross-ups | Not disclosed |
Performance & Track Record
- The proxy provides no executive-specific performance attribution (TSR, revenue, EBITDA growth) tied to Jeremy Franklin. JLS is a closed-end fund overseen by an independent board; executive officer roles are administrative/legal and not compensated by the Fund .
Compensation Committee Analysis (Board context)
- The Nominating and Governance Committee oversees corporate governance and periodically reviews Board Member compensation; independent Board Members’ retainers and committee fees were increased effective Jan 1, 2024 and again Jan 1, 2025 (context applies to trustees, not fund officers) .
Related Party Transactions, Risk Indicators
- No related party transactions or legal proceedings involving Jeremy Franklin are disclosed. Section 16(a) compliance was affirmed, and no delinquent reports were noted .
Investment Implications
- Alignment: With no fund-paid executive compensation and no disclosed performance-based awards for Jeremy Franklin, there is limited direct pay-for-performance linkage at the JLS fund level. Retention risk appears low given indefinite term and deep integration within Nuveen/TIAA legal/governance functions, although actual compensation/vesting terms are determined at the Adviser and not disclosed here .
- Trading signals: Individual insider ownership and transactions for Jeremy Franklin are not disclosed in the proxy, and Section 16(a) compliance indicates no red flags from delinquent reporting; this reduces visibility into potential selling pressure or vesting events at the fund level .
- Governance: Independent trustee oversight is robust with multiple committees; officers support fund administration without direct compensation from the Fund, indicating operational stability but limited executive-specific economic levers within the closed-end fund structure .