Mark Winget
About Mark Winget
Mark L. Winget serves as Vice President and Secretary of the Nuveen Select Maturities Municipal Fund (NIM), with continuous service since 2008; he was born in 1968. He also holds legal and corporate secretary roles across Nuveen/TIAA affiliates, including Vice President and Assistant Secretary of Nuveen Securities, LLC and Nuveen Fund Advisors, LLC; Vice President, Associate General Counsel and Assistant Secretary of Nuveen Asset Management, LLC; and Vice President and Associate General Counsel of Nuveen. Officers of the Nuveen funds receive no compensation from the funds, and the funds have no employees; compensation for fund officers is paid by the adviser. Winget has signatory authority on SEC filings for NIM (e.g., 8‑K), reinforcing his standing as an executive officer of the fund.
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Select Maturities Municipal Fund (NIM) | Vice President and Secretary | Since 2008–present | Corporate secretary and officer for fund governance and filings |
| Nuveen Securities, LLC | Vice President and Assistant Secretary | Since 2008–present | Legal and corporate secretary responsibilities supporting Nuveen/TIAA fund complex |
| Nuveen Fund Advisors, LLC | Vice President and Assistant Secretary | Since 2019–present | Legal and governance support for adviser to the Funds |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Since 2020–present | Legal counsel and secretary functions across asset management operations |
| Nuveen (parent) | Vice President; Associate General Counsel | VP since 2010; Assoc. GC since 2019 | Enterprise legal leadership and fund governance support |
| Teachers Advisors, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years (as disclosed) | Legal counsel roles for affiliated mutual funds and accounts |
| TIAA‑CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years (as disclosed) | Legal and secretary roles for TIAA fund complex |
Fixed Compensation
| Item | Detail |
|---|---|
| Compensation paid by NIM | Officers receive no compensation from the Funds; the Funds have no employees |
| Compensation source | Paid by the Adviser (Nuveen/TIAA); the Funds reimburse the Adviser for an allocable portion of the CCO’s incentive compensation (CCO only) |
Independent Board Member retainers are disclosed (e.g., $350,000 annual base plus committee retainers and chair fees, effective Jan 1, 2025), but these apply to independent board members, not fund officers like Winget.
Equity Ownership & Alignment
| Measure | Detail |
|---|---|
| Group beneficial ownership | As of June 20, 2025, Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund, including NIM |
Board Members (not officers) are expected to invest at least the equivalent of one year of board compensation in funds in the Fund Complex to align interests; this governance principle does not disclose individual officer holdings.
Employment Terms
| Term Element | Detail |
|---|---|
| Title | Vice President and Secretary |
| Term of office | Indefinite; officers are elected annually by the Board to serve until successors are elected and qualified |
| Length of service | Since 2008 |
| Compensation from Funds | None (officers serve without compensation from the Funds) |
| Signatory authority | Signs SEC filings on behalf of the Fund (e.g., 8‑K) |
Investment Implications
- Pay-for-performance alignment at the fund level is minimal for officers: NIM discloses no fund-paid cash or equity compensation for officers, and no performance metrics or vesting schedules for officers; any compensation levers are at the adviser level and not reported in NIM’s proxies. This reduces direct fund‑level incentive alignment and limits insider selling pressure signals tied to fund awards.
- Retention risk appears modest based on role continuity: Winget’s long tenure (since 2008) and continued reappointment as an officer suggest institutional continuity; no severance, change‑of‑control, or employment contract terms are disclosed at the fund level.
- Trading/ownership signals are limited: Individual officer holdings are not itemized, and group beneficial ownership is below 1%, offering limited insight into officer‑specific alignment or pledging; no pledging, hedging, or clawback provisions are disclosed for officers at the fund level.