Nathaniel Jones
About Nathaniel Jones
Nathaniel T. Jones (born 1979) serves as Vice President and Treasurer of Nuveen New York Quality Municipal Income Fund (NAN). He is a Senior Managing Director at Nuveen and currently Head of Public Product at Nuveen; he also serves as President of Nuveen Fund Advisors, LLC. He has held progressively senior roles at Nuveen since at least 2011 and is a Chartered Financial Analyst (CFA). Officers of the Fund receive no compensation from the Fund, and the proxies do not disclose pay-for-performance metrics such as TSR, revenue growth, or EBITDA growth for officers.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Vice President | 2011–2016 | Progression within Nuveen’s investment management organization; principal occupations disclosed by title only |
| Nuveen | Senior Vice President | 2016–2017 | Role advancement; principal occupations disclosed by title only |
| Nuveen | Managing Director | 2017–2021 | Senior leadership responsibilities; principal occupations disclosed by title only |
| Nuveen | Senior Managing Director | 2021–present | Senior executive leadership at Nuveen |
| Nuveen | Head of Public Product | 2025–present (as disclosed) | Leads public product strategy at Nuveen |
| Nuveen Fund Advisors, LLC | Managing Director | 2015–present | Senior leadership at the adviser to the Funds |
| Nuveen Fund Advisors, LLC | President | 2025–present (as disclosed) | Executive leadership of the adviser |
| Nuveen New York Quality Municipal Income Fund | Vice President and Treasurer | Since 2016 | Fund officer overseeing treasury; officers are elected annually |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Not disclosed in Fund proxies | — | — | Officer biographies list Nuveen/NFA roles; no external directorships disclosed for Mr. Jones |
Fixed Compensation
Officers receive no compensation from the Funds. Compensation is therefore not disclosed at the Fund level, and base salary, target/actual bonuses, or perquisites for Mr. Jones are not provided in Fund proxy materials.
| Item | Disclosure |
|---|---|
| Compensation paid by NAN | None; “Officers receive no compensation from the Funds.” |
Performance Compensation
| Incentive Component | Disclosure |
|---|---|
| RSUs/PSUs/Options | Not disclosed at the Fund level; officers are compensated by Nuveen/NFA, not by the Funds. |
| Performance metrics tied to pay (e.g., TSR/EBITDA/ESG) | Not disclosed in Fund proxy materials for officers. |
Equity Ownership & Alignment
- Section 16(a) reporting compliance: Fund reports that Board Members and officers complied with applicable beneficial ownership reporting requirements in the last fiscal year reviewed.
- Beneficial ownership (board-level context): As of May 31, 2023, Board Members reported a dollar range of $0 in “New York Quality Income”; officer-level holdings in individual Funds are not itemized in proxies.
- Officers’ beneficial ownership: Proxies present group-level totals and dollar ranges; they do not disaggregate officer-by-officer holdings for NAN.
| Category | Fund Reference | As of Date | Value/Range |
|---|---|---|---|
| Board Member holdings (dollar range) | New York Quality Income (Fund family reference) | May 31, 2023 | $0 |
| Section 16(a) compliance (officers/Board) | Fund complex | 2018 proxy year | Compliant per Fund review |
No pledging/hedging or ownership guideline disclosures specific to officers are presented in the Fund proxy materials.
Employment Terms
| Term/Provision | Disclosure |
|---|---|
| Office term | Indefinite; officers are elected annually by the Board to serve until successors are elected and qualified. |
| Fund officer role start date | Vice President and Treasurer since 2016. |
| Contract terms (severance, change-of-control, non-compete, garden leave) | Not disclosed in Fund proxy materials for officers. |
Performance & Track Record
- Role progression and senior credentials: Mr. Jones is a CFA and has advanced from VP to Senior Managing Director at Nuveen, and he leads Public Product while serving as President of Nuveen Fund Advisors.
- Fund-level governance development: The Fund implemented board consolidation across the Fund Complex effective January 1, 2024 to drive cost efficiencies and operational alignment (Board-level decision; not specific to Mr. Jones).
Investment Implications
- Compensation alignment visibility: Because officers receive no compensation from NAN and proxies do not disclose Nuveen/NFA compensation details, investor visibility into Mr. Jones’s pay-for-performance levers (bonus metrics, equity mix, vesting) is limited at the Fund level. This reduces the ability to assess incentive alignment from Fund filings alone.
- Retention risk: Long tenure in Fund officer role (since 2016) and continued role progression at Nuveen/NFA suggest organizational stability; lack of disclosed severance/change-of-control terms in Fund filings limits formal retention risk analysis.
- Ownership alignment: Officer-specific holdings in NAN are not itemized; board-level disclosures show minimal dollar-range holdings in the referenced “New York Quality Income” fund for 2023. Absent officer-level holdings and pledging/hedging disclosures, alignment signals from insider ownership are weak at the Fund level.
- Trading signals: With no Form 4 detail accessible in these proxy materials and compensation paid at the adviser level, Fund filings provide limited insight into potential insider selling pressure, vesting events, or equity award overhang for Mr. Jones at NAN. Section 16 compliance is affirmed at the complex level.
To deepen analysis of insider transactions, beneficial ownership, and any equity award vesting dynamics, review officer Form 3/4/5 filings and Nuveen/NFA compensation disclosures, if available. Fund proxies do not provide those details.