Diana Gonzalez
About Diana Gonzalez
Diana R. Gonzalez serves as Vice President and Assistant Secretary of the Nuveen Municipal Credit Opportunities Fund (NMCO) and has held this officer role since 2017; she is based at 8500 Andrew Carnegie Blvd., Charlotte, NC, and was born in 1978 . Her principal occupations over the past five years include Vice President and Assistant Secretary roles across Nuveen Fund Advisors, LLC; Nuveen Asset Management, LLC; Teachers Advisors, LLC; and TIAA-CREF Investment Management, LLC, with additional responsibilities as Vice President and Associate General Counsel at Nuveen . NMCO officers, including Ms. Gonzalez, are elected annually by the Board to serve until successors are elected and qualified, and the Funds’ officers receive no compensation directly from the Funds (officer compensation is paid by Nuveen Fund Advisors or affiliates) . Fund-level performance information (e.g., total returns and holding summaries) is disclosed in shareholder reports; however, officer compensation is not tied to fund performance metrics in NMCO’s proxy disclosures .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | Vice President and Assistant Secretary | Since 2017 | Not disclosed in proxy |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years (as disclosed) | Not disclosed in proxy |
| Teachers Advisors, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years (as disclosed) | Not disclosed in proxy |
| TIAA-CREF Investment Management, LLC | Vice President, Associate General Counsel and Assistant Secretary | Past 5 years (as disclosed) | Not disclosed in proxy |
| Nuveen | Vice President and Associate General Counsel | Past 5 years (as disclosed) | Not disclosed in proxy |
External Roles
No external directorships or outside positions are disclosed for Ms. Gonzalez in NMCO’s 2025 proxy statement .
Fixed Compensation
- Officers of the Funds (including Ms. Gonzalez) receive no compensation directly from NMCO; officer compensation is paid by the Adviser or affiliates, and the CCO’s compensation is paid by the Adviser with Board input (the Fund reimburses an allocable portion of the Adviser’s cost of the CCO’s incentive compensation) .
- NMCO discloses detailed compensation for Independent Board Members but not for officers; officer base salary, bonus, equity awards, severance, or change-of-control terms are not disclosed at the fund level .
Performance Compensation
- No fund-paid performance incentives for officers are disclosed; NMCO does not tie officer pay to Fund TSR, revenue, or EBITDA metrics in its proxy disclosures .
Equity Ownership & Alignment
- As of February 18, 2025, the Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund, indicating limited ownership alignment at the officer group level .
- Individual officer beneficial ownership (including Ms. Gonzalez) is not itemized; NMCO provides aggregate group ownership and Board member ranges in appendices rather than officer-level breakdowns .
Employment Terms
| Term | Detail | Citation |
|---|---|---|
| Term of Office | Indefinite; length of service since 2017 for NMCO; officers elected annually by the Board to serve until successors are elected and qualified | |
| Compensation Source | Officers receive no compensation from NMCO; paid by Nuveen Fund Advisors or affiliates | |
| Contracts/Severance/Change-of-Control | Not disclosed for officers at the fund level | |
| Clawbacks/Ownership Guidelines/Pledging | Not disclosed for officers at the fund level |
Investment Implications
- Pay-for-performance linkage and trading signals are limited: NMCO officer compensation is not fund-paid and not tied to disclosed fund performance metrics, reducing the relevance of officer-level pay structure for equity holders and minimizing insider selling pressure signals from fund-level disclosures .
- Alignment via share ownership appears low at the officer group level (<1% collectively), and no pledging, hedging, or individual officer holdings are disclosed for Ms. Gonzalez; absence of equity-linked incentives at the fund level suggests retention dynamics reside within Nuveen corporate HR/comp frameworks rather than NMCO .
- For risk monitoring and actionable signals, focus on board changes (Item 5.02 8-Ks), portfolio manager commentary and fund leverage/performance in shareholder reports rather than officer-level compensation; NMCO’s governance and advisory arrangements are reviewed annually, with the Board emphasizing services, fees, performance, and succession planning by the Adviser and affiliates .