Mark Winget
About Mark Winget
Mark L. Winget is Vice President and Secretary of the Nuveen Mortgage & Income Fund (ticker: JLS). He has served as an officer in the Nuveen fund complex since 2008 and was born in 1968. Over the past five years, he has concurrently served as Vice President and Assistant Secretary of Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; Vice President, Associate General Counsel and Assistant Secretary of Teachers Advisors, LLC and TIAA-CREF Investment Management, LLC; Vice President and Associate General Counsel of Nuveen Asset Management, LLC; and Vice President and Associate General Counsel of Nuveen, LLC. He signs SEC filings on behalf of JLS in his capacity as Vice President and Secretary. No TSR, revenue growth, or EBITDA growth metrics are disclosed at the officer level for JLS.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Mortgage & Income Fund (JLS) | Vice President and Secretary | 2008–present | Fund officer responsible for governance, corporate secretary duties, and regulatory filings |
| Nuveen Securities, LLC | Vice President and Assistant Secretary | Not disclosed | Legal/secretarial oversight supporting Nuveen funds operations |
| Nuveen Fund Advisors, LLC | Vice President and Assistant Secretary | Not disclosed | Legal/secretarial support for fund adviser and complex governance |
| Teachers Advisors, LLC | Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Legal counsel across TIAA/Nuveen investment entities |
| TIAA-CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Legal and governance support for investment management operations |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Legal counsel for asset management activities |
| Nuveen, LLC | Vice President and Associate General Counsel | Not disclosed | Corporate legal leadership at parent-level |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| None disclosed | — | — | No external directorships or committee roles disclosed for Mr. Winget in JLS filings |
Fixed Compensation
The funds disclose that officers “serve without any compensation from the Funds.” Compensation for the Funds’ Chief Compliance Officer is paid by the Adviser (Nuveen) with partial reimbursement of incentive compensation; otherwise officer compensation is paid by the Adviser and not disclosed at the fund level.
| Component | 2024 | 2023 | Notes |
|---|---|---|---|
| Base salary | Not disclosed | Not disclosed | Officers receive no compensation from the Funds; paid by the Adviser |
| Target bonus % | Not disclosed | Not disclosed | Not disclosed at fund level |
| Actual bonus | Not disclosed | Not disclosed | Not disclosed at fund level |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed | — | — | — | — | — |
| No equity award metrics, performance goals, or vesting schedules are disclosed for fund officers; compensation for officers is paid by the Adviser, not by the Funds. |
Equity Ownership & Alignment
| Item | Disclosure |
|---|---|
| Individual beneficial ownership (Mark L. Winget) | Not disclosed individually for officers; only group data provided |
| Officers and Board as a group ownership of JLS | Less than 1% of outstanding shares of each Fund as of Feb 18, 2025 |
| Shares pledged as collateral | Not disclosed |
| Ownership guidelines | Governance principle applies to Board Members (expected to invest at least one year of board compensation across the fund complex); no officer-specific guideline disclosed |
Employment Terms
| Term | Disclosure |
|---|---|
| Employment start in fund officer role | 2008 (“Length of Time Served: Since 2008”) |
| Contract term/expiration | Not disclosed |
| Auto-renewal | Not disclosed |
| Non-compete / non-solicit | Not disclosed |
| Severance | Not disclosed |
| Change-of-control provisions | Not disclosed |
| Clawback provisions | Not disclosed |
Risk Indicators, Compliance, and Other Notes
- Section 16(a) compliance: The Funds believe their Board Members and officers, the Adviser, and affiliated persons complied with all applicable Section 16(a) filing requirements during the last fiscal year.
- Governance/control: JLS is part of Nuveen’s unitary board governance structure; Mark serves as a fund officer within this structure and signs SEC filings for JLS.
- Concentration/insider control: As of Feb 18, 2025, officers and Board Members as a group owned less than 1% of JLS shares; individual officer holdings are not provided.
- No disclosures were found for: tax gross-ups, related-party transactions tied to Mr. Winget, hedging/pledging by Mr. Winget, or legal proceedings involving Mr. Winget.
Investment Implications
- Pay-for-performance visibility is low: Officer-level compensation is paid by the Adviser (Nuveen) and not disclosed at the fund level, limiting analysis of base/bonus mix, performance metrics, or vesting schedules for Mr. Winget. This reduces the ability to link his compensation explicitly to JLS performance outcomes.
- Low insider selling pressure: Management/Board collectively hold less than 1% of JLS, and individual officer positions (including Mr. Winget’s) are not disclosed—implying limited direct ownership-driven trading signals from officer activity.
- Retention risk appears modest given tenure: Mr. Winget’s long tenure (officer since 2008) and ongoing legal/secretarial leadership across multiple Nuveen/TIAA entities suggest institutional continuity; however, the absence of disclosed employment protections or severance/CoC terms prevents a clear retention risk assessment.
- Alignment proxies reside at the Board (not officer) level: Board Members are expected to invest at least one year of compensation in Nuveen funds—an alignment mechanism not disclosed for officers.
Overall, Mr. Winget functions as a long-serving legal/governance officer essential to regulatory execution and board processes, but with minimal disclosed direct equity alignment and no fund-level compensation transparency—limiting pay-performance inference and trading signal generation from his profile.