Mark L. Winget
About Mark L. Winget
Mark L. Winget serves as Vice President and Secretary of Nuveen Dynamic Municipal Opportunities Fund (NDMO), with service “Since 2008” and year of birth listed as 1968 . Over the past five years, his principal occupations include Vice President and Assistant Secretary roles at Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; Vice President, Associate General Counsel and Assistant Secretary roles at Teachers Advisors, LLC, TIAA‑CREF Investment Management, LLC, and Nuveen Asset Management, LLC; and Vice President and Associate General Counsel of Nuveen . Winget regularly executes SEC filings on behalf of the Fund, including N‑23C‑2 notices (Oct 6, 2023; Mar 20, 2024; Oct 28, 2024), an N‑2/A registration statement (Aug 22, 2024), and an 8‑K (Mar 6, 2024) . Performance metrics (e.g., TSR, revenue/EBITDA growth) are governed at the Fund level by Board committees rather than tied to individual officer compensation, and are not disclosed for Winget personally .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Dynamic Municipal Opportunities Fund | Vice President and Secretary | Since 2008 | Corporate secretary and legal officer for the Fund; executes SEC filings and certifications on behalf of the registrant |
| Nuveen Securities, LLC | Vice President and Assistant Secretary | Since 2008 | Legal and governance support across Nuveen/TIAA fund complex |
| Nuveen Fund Advisors, LLC | Vice President and Assistant Secretary | Since 2019 | Fund administration and legal oversight supporting the Nuveen closed‑end funds |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Since 2020 | Legal counsel across asset management entities; supports compliance and documentation |
| Teachers Advisors, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years | Legal roles supporting TIAA/Nuveen enterprise operations |
| TIAA‑CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years | Legal support for investment management functions within TIAA |
| Nuveen (parent) | Vice President; Associate General Counsel | VP since 2010; Associate GC since 2019 | Corporate legal leadership; oversight across funds and affiliates |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Not disclosed in NDMO filings | — | — | No external directorships/roles were disclosed for Winget in the Fund’s proxy statements |
Fixed Compensation
- Officers receive no compensation from the Funds; they are elected annually by the Board and serve until successors are elected and qualified .
- Compensation for Fund officers (e.g., CCO) is paid by the Adviser (Nuveen/TIAA), with the Funds reimbursing an allocable portion of the Adviser’s cost of the CCO’s incentive compensation; pension/retirement plans are not maintained by the Funds .
| Item | Disclosure | Notes |
|---|---|---|
| Fund‑paid compensation to Winget | None (officers receive no compensation from the Funds) | Compensation occurs at adviser level (Nuveen/TIAA) rather than at the Fund |
| Base salary | Not disclosed at Fund level | Paid by Adviser; Fund does not disclose officer salaries |
| Target/actual bonus | Not disclosed at Fund level | CCO incentive reimbursement framework disclosed; individual officer bonus not disclosed |
| Equity/option awards | Not disclosed at Fund level | Closed‑end Fund proxies do not present officer equity awards |
| Pension/SERP | Funds do not have retirement/pension plans | Applies to Fund; does not preclude company‑level programs at Adviser |
| Perquisites | Not disclosed | No perquisite details provided for officers |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed at Fund level for Winget | — | — | — | — | — |
Equity Ownership & Alignment
| Item | As‑of Date | Amount | Notes |
|---|---|---|---|
| Beneficial ownership of NDMO shares by Board Members and Officers as a group | May 31, 2022 | 0 shares | Appendix A shows 0 for the “Dynamic Municipal” Fund for the group |
| Group ownership as % of outstanding shares | June 7, 2022 | < 1% | As of June 7, 2022, Board Members and executive officers as a group beneficially owned less than 1% of outstanding shares of each Fund |
| Winget individual NDMO holdings | — | Not individually disclosed | Proxies provide group totals and independent Board member ranges; officer‑specific NDMO shares not itemized |
| Shares pledged as collateral | — | Not disclosed | No pledging disclosures identified for officers in Fund proxies |
| Stock ownership guidelines | Board Members expected to invest ≥ one year of compensation in Nuveen funds | Guideline applies to Board Members; officer guidelines not disclosed |
Employment Terms
| Term Element | Disclosure |
|---|---|
| Role at NDMO | Vice President and Secretary |
| Start date (length of service) | Since 2008 |
| Term of office | Indefinite; officers elected annually and serve until successors are elected and qualified |
| Contract term length/expiration | Not disclosed in Fund filings |
| Auto‑renewal | Not applicable; annual election by Board |
| Non‑compete / non‑solicit | Not disclosed |
| Garden leave | Not disclosed |
| Severance / change‑of‑control | Not disclosed |
| Clawback provisions | Not disclosed |
| Post‑termination consulting | Not disclosed |
Performance & Track Record
- Execution/filings: Winget signed multiple key SEC filings for NDMO including N‑23C‑2 notices (Oct 6, 2023; Mar 20, 2024; Oct 28, 2024), an N‑2/A registration statement (Aug 22, 2024), and an 8‑K (Mar 6, 2024) .
- Tenure continuity: Listed as Vice President and Secretary with service “Since 2008,” indicating long‑standing continuity in Fund legal administration .
Investment Implications
- Pay‑for‑performance visibility: Fund proxies state officers “receive no compensation from the Funds,” with compensation occurring at the Adviser (Nuveen/TIAA). This limits direct linkage of Fund‑level performance metrics to Winget’s pay and reduces typical vesting‑driven selling pressure at the Fund level .
- Skin‑in‑the‑game: As of May 31, 2022, Board Members and officers as a group owned 0 NDMO shares; as of June 7, 2022, group ownership was <1% of outstanding shares, suggesting limited direct capital alignment at the Fund level (individual officer holdings are not disclosed) .
- Retention risk: Long tenure since 2008 and ongoing execution of filings imply stability in the corporate secretary/legal function for the Fund .
- Governance/controls: Robust committee oversight of investment performance, leverage, hedging, compliance and governance (Compliance and Investment Committees) provides institutional control mechanisms, but these structures do not translate into officer‑specific variable pay disclosures at the Fund level .