Mark L. Winget
About Mark L. Winget
Mark L. Winget (born 1968) serves as Vice President and Secretary of Nuveen California AMT‑Free Quality Municipal Income Fund (NKX), with an indefinite term and length of service since 2008 . His responsibilities span legal and governance functions across Nuveen/TIAA affiliates, including Vice President and Assistant Secretary roles at Nuveen Securities, LLC and Nuveen Fund Advisors, LLC, and Associate General Counsel roles at Teachers Advisors, LLC, TIAA‑CREF Investment Management, LLC, and Nuveen Asset Management, LLC . NKX (and its sister funds) have no employees; fund officers serve without any compensation from the Funds (the CCO is paid by the adviser with partial reimbursement), meaning Winget’s compensation is not paid or disclosed by NKX and is not directly tied to fund performance metrics such as TSR, revenue, or EBITDA at the fund level .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen California AMT‑Free Quality Municipal Income Fund (NKX) | Vice President and Secretary | 2008–present | Fund governance, secretary function and regulatory filings |
| Nuveen Securities, LLC | Vice President and Assistant Secretary | 2008–present | Legal/secretarial support to Nuveen distribution entities |
| Nuveen Fund Advisors, LLC | Vice President and Assistant Secretary | 2019–present | Adviser affiliate governance and legal support |
| Nuveen Asset Management, LLC | Vice President; Associate General Counsel; Assistant Secretary | 2020–present | Legal oversight supporting asset management operations |
| Teachers Advisors, LLC | Vice President; Associate General Counsel; Assistant Secretary | 2025 disclosure | Legal/secretarial roles within TIAA mutual fund complex |
| TIAA‑CREF Investment Management, LLC | Vice President; Associate General Counsel; Assistant Secretary | 2025 disclosure | Legal/secretarial roles within TIAA mutual fund complex |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| None disclosed in NKX filings | — | — | — |
Fixed Compensation
NKX (and related Nuveen funds) disclose that officers serve without any compensation from the Funds. Compensation for the Fund’s CCO is paid by the Adviser (with partial reimbursement), and officer compensation (including Winget’s) is not reported at the fund level.
| Item | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|
| Fund-paid officer compensation policy | Officers serve without compensation from the Funds | Officers serve without compensation from the Funds | Officers serve without compensation from the Funds | Officers serve without compensation from the Funds |
| CCO compensation treatment | Paid by Adviser; allocable reimbursement by Funds | Paid by Adviser; allocable reimbursement by Funds | Paid by Adviser; allocable reimbursement by Funds | Paid by Adviser; allocable reimbursement by Funds |
Performance Compensation
No performance-based compensation (bonus, RSUs, PSUs, options) is paid by NKX to officers, and no fund-level performance metrics are tied to officer pay in NKX disclosures .
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| None (officers not compensated by Fund) | — | — | — | — | — |
Equity Ownership & Alignment
- Beneficial ownership: As of June 30, 2022, Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund, indicating very low insider ownership and limited direct alignment via fund equity .
- Board member holdings: As of October 22, 2025, each independent board member reported a dollar range of $0 in NKX and other sister funds, with aggregate ranges “Over $100,000” in the broader Nuveen fund family accounts, but officer-specific NKX holdings are not itemized; no pledging disclosures for officers are reported .
- Ownership guidelines: NKX filings describe board compensation and deferred fee programs for independent board members but do not specify officer stock ownership guidelines for NKX; officers are not compensated by NKX .
Employment Terms
| Term | Disclosure |
|---|---|
| Title | Vice President and Secretary |
| Term of office | Indefinite |
| Length of time served | Since 2008 |
| Employer/affiliations | Nuveen Securities, LLC; Nuveen Fund Advisors, LLC; Nuveen Asset Management, LLC; Teachers Advisors, LLC; TIAA‑CREF Investment Management, LLC |
| Compensation source | Officers serve without compensation from NKX; CCO paid by Adviser with allocable reimbursement |
| Employment agreements | No NKX‑specific officer employment, severance, or change‑of‑control terms disclosed |
| Non‑compete/non‑solicit | Not disclosed in NKX filings |
| Pledging/hedging | Not disclosed for officers; group holdings <1% in 2022 |
| SEC filings signature | Signs NKX filings in capacity as Vice President and Secretary (e.g., Item 5.02 8‑K dated Oct 13, 2023) |
Investment Implications
- Pay‑for‑performance alignment: NKX does not pay or disclose officer compensation, so any alignment for Winget occurs at Nuveen/TIAA employer level and is not observable via NKX filings; there are no fund‑linked cash/equity incentives, vesting schedules, or PSU/RSU metrics to influence fund trading signals .
- Insider selling pressure: With officers not receiving NKX equity grants and group beneficial ownership below 1% (2022), insider selling pressure tied to vesting or option exercises appears minimal at the fund level .
- Retention/contract risk: No NKX employment agreements, severance, or change‑of‑control provisions are disclosed for officers; retention dynamics depend on Nuveen/TIAA employment terms, which are outside NKX disclosures .
- Governance footprint: Winget’s role is legal/secretarial—he signs SEC filings and supports board processes but does not drive portfolio or distribution strategy; governance stability (e.g., board consolidation in 2023 across Nuveen/TIAA complexes) is a process efficiency initiative, not directly tied to officer compensation or trading signals .
Overall, NKX’s structure (no employees; officers uncompensated by the Fund) limits the availability of executive‑specific compensation and incentive data. For trading signals, focus on fund portfolio metrics, discount/premium dynamics, distribution policy, and board actions rather than officer pay disclosures .