Mark L. Winget
About Mark L. Winget
Mark L. Winget (born 1968) serves as Vice President and Secretary of Nuveen Real Estate Income Fund (JRS), with an indefinite term and service since 2008; he also holds legal and fund administration roles across Nuveen, TIAA and affiliated advisers (Assistant Secretary/Vice President/Associate General Counsel) . The funds have no employees and officers receive no compensation from the funds themselves; therefore, no pay-for-performance metrics (TSR, revenue/EBITDA growth, etc.) are disclosed for his role at JRS .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Real Estate Income Fund (JRS) | Vice President and Secretary | Since 2008 | Legal/governance oversight; corporate secretary duties for fund operations |
| Nuveen Securities, LLC; Nuveen Fund Advisors, LLC | Vice President and Assistant Secretary | Not disclosed | Supports fund governance, officer duties across Nuveen fund complex |
| Teachers Advisors, LLC; TIAA-CREF Investment Management, LLC; Nuveen Asset Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Not disclosed | Legal counsel and governance across affiliated advisers servicing the funds |
| Nuveen, LLC | Vice President and Associate General Counsel | Not disclosed | Enterprise legal and governance responsibilities supporting fund complex |
External Roles
No external public company directorships or committee roles are disclosed for Winget in the proxy materials .
Fixed Compensation
The fund discloses officers receive no compensation from the funds; compensation for certain compliance roles (CCO) is paid by the Adviser with partial reimbursement by the funds (Winget is not the CCO) .
| Item | FY 2023 | FY 2024 |
|---|---|---|
| Officer compensation from JRS ($) | $0 | $0 |
Performance Compensation
No performance-based compensation is disclosed for fund officers; JRS does not pay officers, and no vesting or award metrics are provided for Winget .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not applicable (officers unpaid by fund) | N/A | N/A | N/A | N/A | N/A |
Equity Ownership & Alignment
Individual officer holdings are not itemized; the proxy aggregates “Board Members and executive officers as a group,” which owns less than 1% of each fund’s outstanding shares . Group holdings in JRS rose modestly year over year.
| Metric | FY 2023 | FY 2024 |
|---|---|---|
| Board Members and Officers as a Group – JRS shares (count) | 1,267 | 1,344 |
| Board Members and Officers as a Group – % of JRS outstanding | <1% | <1% |
Additional context on shares outstanding:
- JRS common shares outstanding: 28,892,471 as of Jan 19, 2024 ; 28,892,471 as of Feb 18, 2025 .
- No pledging, hedging, or individual officer ownership breakdown for Winget is disclosed .
Employment Terms
| Term | Detail |
|---|---|
| Position | Vice President and Secretary |
| Term of office | Indefinite; officers elected annually by the Board |
| Length of service | Since 2008 |
| Compensation source | No compensation from the funds; compensation for certain roles paid by Adviser (CCO example) |
| Section 16(a) compliance | Funds report compliance; no delinquent filings in last fiscal year |
| Severance / change‑of‑control | Not disclosed for officers |
| Non‑compete / non‑solicit / garden leave | Not disclosed |
| Clawbacks / tax gross‑ups | Not disclosed |
Investment Implications
- Pay-for-performance alignment at the fund level is minimal for officers: JRS does not compensate officers, and no performance-based awards or vesting schedules are disclosed for Winget; this limits direct incentive linkage between his pay and JRS shareholder outcomes .
- Retention risk appears low given Winget’s long tenure (since 2008) and continuing officer role across Nuveen/TIAA affiliates; no severance or change‑of‑control economics are disclosed that might incentivize transitions .
- Trading signal visibility is limited: individual officer holdings are not itemized, group ownership is <1%, and pledging/hedging is not disclosed; Section 16 compliance indicates routine reporting without noted delinquency .