Diana Gonzalez
About Diana Gonzalez
Diana R. Gonzalez (year of birth: 1978) serves as Vice President and Assistant Secretary of the Fund, with an indefinite term and service since 2017; her business address is 8500 Andrew Carnegie Blvd., Charlotte, NC 28262 . She is Vice President, Associate General Counsel and Assistant Secretary across affiliated Nuveen/TIAA entities including Nuveen Fund Advisors, Nuveen Asset Management, Teachers Advisors, and TIAA-CREF Investment Management, and Vice President and Associate General Counsel of Nuveen . Officers are elected annually and receive no compensation from the Fund, and the proxy does not disclose individual performance metrics (e.g., TSR, revenue, EBITDA) tied to her role at the Fund .
Past Roles
| Organization | Role | Years | Notes |
|---|---|---|---|
| Jackson National Asset Management | Associate General Counsel | 2012–2017 | Formerly held role prior to Nuveen/TIAA positions |
External Roles
No external board or non-Fund roles are disclosed for Gonzalez in Fund filings; only affiliated Nuveen/TIAA legal roles are listed .
Fixed Compensation
Officers receive no compensation from the Fund. Annual compensation details (base salary, bonus) are not disclosed at the Fund level and are handled by affiliated Nuveen/TIAA entities.
| Component | Disclosure | Source |
|---|---|---|
| Base Salary (Fund) | Not paid by Fund | Officers receive no compensation from the Funds |
| Target Bonus % (Fund) | Not paid by Fund | Officers receive no compensation from the Funds |
| Actual Bonus Paid (Fund) | Not paid by Fund | Officers receive no compensation from the Funds |
Performance Compensation
No equity or performance-based compensation is granted by the Fund to officers; no metrics, targets, payouts, or vesting tied to Fund compensation are disclosed.
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not applicable at Fund level | — | — | — | — | Officers receive no compensation from the Funds |
Equity Ownership & Alignment
| Item | Detail | Source |
|---|---|---|
| Total beneficial ownership (officers) | Individual officer holdings are not disclosed; Board Members and executive officers as a group beneficially owned less than 1% of outstanding shares of each Fund as of June 13, 2024 | |
| Ownership as % of shares outstanding | <1% for Board Members and executive officers as a group | |
| Vested vs. unvested shares | Not disclosed for officers | |
| Options (exercisable/unexercisable) | Not disclosed for officers | |
| Shares pledged as collateral | Not disclosed for officers | |
| Stock ownership guidelines (officers) | Not disclosed; Board Member investment guideline exists (equivalent of one year of Board compensation) |
Note: Appendix A in 2025 lists Board Member dollar ranges by fund; officers are not itemized. The proxy explicitly aggregates officer holdings with Board Members and notes the group <1% threshold .
Employment Terms
| Term | Detail | Source |
|---|---|---|
| Position | Vice President and Assistant Secretary | |
| Term of office | Indefinite | |
| Length of service | Since 2017 | |
| Election cycle | Officers are elected by the Board on an annual basis | |
| Compensation source | Officers receive no compensation from the Funds | |
| Severance provisions | Not disclosed at the Fund level | |
| Change-of-control provisions | Not disclosed at the Fund level | |
| Clawback provisions | Not disclosed at the Fund level |
Investment Implications
- Fund-aligned pay-for-performance levers are minimal for Gonzalez given the Fund does not compensate officers; incentive alignment and retention risk are driven by Nuveen/TIAA corporate policies outside the Fund’s proxy disclosures .
- Lack of individual officer ownership disclosure and the group’s <1% beneficial ownership suggests limited insider selling pressure signals at the Fund level; trading cues should rely on portfolio and discount/NAV dynamics rather than officer transactions .
- Tenure since 2017 in a legal/assistant secretary capacity points to institutional continuity; changes in governance (e.g., Board consolidation across the complex) relate to board oversight efficiency and do not indicate changes in officer compensation or incentives at the Fund level .
Overall, for this closed-end fund, officer-specific compensation, vesting schedules, options, pledging, severance, and performance metrics are not disclosed at the Fund level, limiting use of executive incentives as trading signals; focus should remain on portfolio fundamentals, distribution policy, leverage, and discount/NAV behavior rather than officer incentive alignment .