Jeremy Franklin
About Jeremy Franklin
Jeremy D. Franklin (year of birth: 1983) serves as Vice President and Assistant Secretary of Nuveen New York Quality Municipal Income Fund (NAN), with an indefinite term and service since 2024; officers are elected annually by the Board and receive no compensation from the Funds . His core credentials are legal and governance leadership across Nuveen/TIAA affiliates, including roles as Managing Director/Assistant Secretary at Nuveen Fund Advisors, LLC and Vice President/Associate General Counsel at Nuveen Asset Management, Teachers Advisors, TIAA‑CREF Investment Management, and TIAA; fund‑level performance compensation metrics (TSR, revenue/EBITDA) are not disclosed for officers .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | Managing Director and Assistant Secretary | Past 5 years | Legal, governance, and fund administration support |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel, Assistant Secretary | Past 5 years | Legal counsel and governance for asset management operations |
| Teachers Advisors, LLC | Vice President, Associate General Counsel, Assistant Secretary | Past 5 years | Legal counsel for advisory and investment management matters |
| TIAA‑CREF Investment Management, LLC | Vice President, Associate General Counsel, Assistant Secretary | Past 5 years | Investment management legal oversight |
| Teachers Insurance and Annuity Association of America (TIAA) | Vice President, Associate General Counsel | Past 5 years | Corporate legal leadership |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| TIAA‑CREF Funds | Vice President and Assistant Secretary | Past 5 years | Governance and fund officer responsibilities |
| TIAA‑CREF Life Funds | Vice President and Assistant Secretary | Past 5 years | Governance and fund officer responsibilities |
| TIAA Separate Account VA‑1 | Vice President, Associate General Counsel, Assistant Secretary | Past 5 years | Legal oversight for separate account products |
| College Retirement Equities Fund | Vice President, Associate General Counsel, Assistant Secretary | Past 5 years | Legal and governance for retirement products |
Fixed Compensation
- Officers receive no compensation from the Funds; the Funds have no employees, and officers serve without fund‑level pay .
- The Chief Compliance Officer’s pay is borne by the Adviser with an allocable portion of incentive compensation reimbursed by the Funds; there is no disclosure of Jeremy Franklin’s adviser‑level salary/bonus .
Performance Compensation
- No fund‑level performance compensation (bonuses, RSUs/PSUs, options, or fund‑linked metrics) is disclosed for officers; accordingly, no vesting schedules, targets, or payouts are reported for Jeremy Franklin .
Equity Ownership & Alignment
| As‑of Date | Holder Category | Fund | Shares Owned | Notes |
|---|---|---|---|---|
| May 31, 2025 | Board Members and Officers as a Group | NAN | 0 | Group holdings in NAN were zero shares as of this date . |
| June 20, 2025 | Board Members and Executive Officers (aggregate) | All Funds | <1% of each Fund | Aggregate beneficial ownership by insiders was <1% of outstanding shares of each Fund . |
- Officers are not subject to director ownership guidelines; the Board’s governance principle expects Board Members to invest at least one year of compensation in Nuveen funds (applies to Board Members, not officers) .
Employment Terms
| Term Element | Disclosure |
|---|---|
| Title | Vice President and Assistant Secretary |
| Term of Office | Indefinite; officers elected annually and serve until successors are elected and qualified |
| Length of Service | Since 2024 (NAN officer) |
| Duties/Scope | Assistant Secretary and legal/governance roles across Nuveen/TIAA complex |
| Attorney‑in‑Fact Authority | Named as attorney‑in‑fact on trustees’ Powers of Attorney for N‑2 registrations; executed June 20, 2025 (multiple trustees) |
| Section 16 Compliance | Funds report Board Members and officers complied with applicable Section 16(a) filing requirements in the last fiscal year |
Investment Implications
- Absence of fund‑level compensation for officers means no disclosed pay‑for‑performance linkage to NAN’s NAV/TSR; incentives reside at the Adviser level and are not reported here, reducing visibility into alignment signals for trading decisions .
- Insider ownership at the fund level is minimal: group holdings in NAN were zero shares as of May 31, 2025, and insiders collectively owned <1% across funds, implying limited direct “skin‑in‑the‑game” disclosed for NAN specifically .
- Governance continuity is strong: Franklin holds attorney‑in‑fact authority supporting filings and registrations across the closed‑end complex, a signal of operational execution and low transition risk in fund administration .
- No disclosed equity awards, options, or vesting schedules tied to NAN reduces insider selling pressure risk signals from compensation mechanics; Section 16 compliance further indicates routine governance practices without red flags in filings .