Mark Winget
About Mark Winget
Mark L. Winget (born 1968) serves as Vice President and Secretary of Nuveen California Quality Municipal Income Fund (NAC), a role he has held within the Nuveen fund complex since 2008. He is Vice President and Associate General Counsel across Nuveen and TIAA affiliates, with legal/secretarial responsibilities for multiple funds; officers of the Fund receive no compensation from the Fund itself, and his compensation is not disclosed at the Fund level . As an administrative officer (not a portfolio manager or trustee), fund performance metrics (e.g., TSR, revenue, EBITDA) are not linked to his pay or disclosed in the Fund’s proxy .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | Vice President and Assistant Secretary | Since 2008 (Fund officer) | Governance administration and fund secretarial duties |
| Nuveen Securities, LLC | Vice President and Assistant Secretary | Past 5 years | Legal/secretarial support to fund operations |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years | Legal oversight supporting asset management entities |
| Teachers Advisors, LLC (TIAA) | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years | Legal and governance roles within TIAA’s fund complex |
| TIAA-CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years | Legal and governance roles for mutual fund complexes |
| Nuveen (parent) | Vice President and Associate General Counsel | Past 5 years | Corporate legal leadership; prior various roles |
External Roles
None disclosed in NAC’s proxy filings .
Fixed Compensation
| Component | FY Disclosure | Amount/Terms |
|---|---|---|
| Officer compensation paid by NAC | Latest proxies | Officers serve without any compensation from the Funds |
| CCO compensation (context, not Winget) | Latest proxies | Paid by Adviser; Funds reimburse allocable portion of CCO incentive comp |
Performance Compensation
| Incentive Type | Metric(s) | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|---|
| Not applicable at Fund level for officers | — | — | — | — | — | — |
Officers of the Funds do not receive incentive compensation from the Funds; no AIP/PSU/RSU or options are disclosed for officers at the Fund level .
Equity Ownership & Alignment
| Item | Disclosure | Value |
|---|---|---|
| Individual holdings for Mark Winget (NAC) | Not separately disclosed | N/A |
| Officers and Board as a group beneficial ownership | Less than 1% of outstanding shares | <1% |
| Stock ownership guidelines, pledging/hedging | Not disclosed for NAC Funds | N/A |
Employment Terms
| Term | Detail |
|---|---|
| Position | Vice President and Secretary |
| Start/Length of Service | Officer in Nuveen fund complex since 2008; term indefinite |
| Election & Renewal | Officers are elected by the Board on an annual basis and serve until successors are elected and qualified |
| Compensation Source | No officer compensation from Funds; paid by Adviser (Nuveen/TIAA) if applicable |
| Severance/Change-of-Control | Not disclosed at Fund level; no employment contract terms in Fund proxy |
| 8-K Signatory Duties | Signed NAC’s Item 5.02 filing on board consolidation as Vice President and Secretary |
Investment Implications
- Pay-for-performance linkage: None at the Fund level for officers; compensation is not tied to NAC’s investment performance in the proxies, reducing any direct executive incentive-related trading signals .
- Selling pressure/vesting: No disclosure of RSUs, PSUs, options, or vesting schedules for officers at the Fund level; insider selling pressure signals are unavailable from Fund filings. Attempts to retrieve Form 4 data via the insider-trades skill were unsuccessful due to authorization error (401), so recent transactions cannot be assessed at this time.
- Alignment via ownership: Officers and Board as a group beneficially own <1% of shares, implying limited “skin-in-the-game” at the Fund level .
- Retention risk and contracts: Officers are elected annually and serve until successors are appointed; no Fund-level employment agreements, severance, or change-of-control economics are disclosed, suggesting standard at-will administrative roles within the Nuveen/TIAA complex .
- Governance execution: As a long-tenured administrative officer providing legal/secretarial continuity since 2008, Winget’s role supports governance processes (e.g., proxy administration, board actions); he is not a portfolio decision-maker and thus not a direct driver of NAV or distribution outcomes .
Notes on Data Limits: Insider trading data (Form 4) and market price/TSR retrieval attempts via authorized skills returned 401 Unauthorized errors, so those signals could not be incorporated at this time. If access is restored, I can update with transaction histories and TSR calculations promptly.