Jeremy Franklin
About Jeremy Franklin
Jeremy D. Franklin serves as Vice President and Assistant Secretary of Nuveen Credit Strategies Income Fund (JQC). His term of office is indefinite with length of service since 2024; year of birth is 1983, and his principal responsibilities span legal and governance roles across Nuveen and TIAA-affiliated investment entities, including Nuveen Fund Advisors LLC, Nuveen Asset Management LLC, Teachers Advisors LLC, and TIAA-CREF Investment Management LLC . Officers are elected annually by the Board and receive no compensation from the Funds (compensation is paid by affiliates), limiting fund-level disclosure of salary, bonus, and equity awards .
Fund performance context (TSR as of January 31, 2025)
| Metric | 10-Year | 5-Year | 1-Year | 6-Month |
|---|---|---|---|---|
| JQC Common Share Price Total Return (Average Annual) | 5.92% | 5.84% | 16.63% | 3.18% |
| JQC Common Share NAV Total Return (Average Annual) | 5.92% | 4.15% | 10.79% | 4.91% |
| JQC Blended Benchmark (Average Annual) | 5.22% | 5.86% | 9.17% | 4.51% |
| S&P/LSTA Leveraged Loan Index (Average Annual) | 5.18% | 5.77% | 8.98% | 4.40% |
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | Managing Director and Assistant Secretary | Not disclosed | Legal/governance support for fund complex |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Legal oversight across investment management entities |
| Teachers Advisors, LLC | Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Legal advisory for TIAA-affiliated funds |
| TIAA-CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Regulatory and governance counsel |
| Teachers Insurance and Annuity Association of America | Vice President and Associate General Counsel | Not disclosed | Corporate legal leadership |
| TIAA-CREF Funds | Vice President and Assistant Secretary | Not disclosed | Fund governance and filings |
| TIAA-CREF Life Funds | Vice President and Assistant Secretary | Not disclosed | Fund governance and filings |
| TIAA Separate Account VA-1 | Vice President, Associate General Counsel, and Assistant Secretary | Not disclosed | Insurance separate account governance |
| College Retirement Equities Fund | Vice President, Associate General Counsel, and Assistant Secretary | Not disclosed | Registered fund governance; attorney-in-fact on N-2 filings |
External Roles
- No external public company directorships or committee roles for Jeremy Franklin are disclosed in JQC filings .
Fixed Compensation
- Officers receive no compensation from the Funds; officer pay (e.g., base salary, bonus, equity) is not disclosed at the fund level and is paid by Nuveen/TIAA affiliates .
Performance Compensation
- No officer performance-based compensation (RSUs/PSUs/options, performance metrics, or vesting schedules) is disclosed at the fund level for Jeremy Franklin .
- Note: Portfolio manager compensation in Nuveen’s fund complex generally comprises base salary, cash bonus, a three-year long-term performance award adjusted by risk-adjusted investment performance, and participation in a profits interest plan; this framework is specific to portfolio managers and is not disclosed for fund officers like Franklin .
Equity Ownership & Alignment
- No beneficial ownership disclosures for Jeremy Franklin were found in JQC filings; officers’ holdings are not tabulated in the proxy, and no Form 3/4 for Franklin was identified. Filings do include a Form 3 for another officer (Page R. Tanner), indicating that Section 16 filings occur for certain officers, but none were located for Franklin .
- No pledging, hedging, options, or guideline compliance details for Franklin are disclosed at the fund level .
Employment Terms
| Term | Detail |
|---|---|
| Position | Vice President and Assistant Secretary |
| Term of Office | Indefinite |
| Length of Service | Since 2024 |
| Election Frequency | Officers are elected annually by the Board |
| Principal Occupations (Past 5 Years) | Managing Director/Assistant Secretary at Nuveen Fund Advisors; VP/Associate General Counsel roles across Nuveen/TIAA entities |
| Compensation Source | Officers receive no compensation from the Funds (paid by affiliates) |
| Powers of Attorney | Named attorney-in-fact for trustees on N-2 filings across Nuveen closed-end funds |
Investment Implications
- Compensation alignment signals are minimal at the fund level for Franklin: officers’ pay is handled by Nuveen/TIAA affiliates and not tied to JQC’s fund-level performance disclosures, limiting visibility into pay-for-performance, vesting, or change-of-control economics .
- No insider ownership or selling pressure is evident for Franklin in JQC filings, and no pledging/hedging disclosures were found—reducing direct trading signal relevance; conversely, his attorney-in-fact role underscores strong governance and filing execution across the complex .
- Fund TSR during his tenure window shows solid recent price returns versus benchmarks (e.g., 1-year 16.63% price return vs 9.17% blended benchmark), but as a legal/administrative officer rather than portfolio manager, Franklin is not directly assessed against investment performance metrics .