Nathaniel T. Jones
About Nathaniel T. Jones
Nathaniel T. Jones (born 1979) serves as Vice President of Nuveen Massachusetts Quality Municipal Income Fund, with an indefinite term and service since 2016. He is Senior Managing Director and Head of Public Product at Nuveen; he also serves as President (formerly Senior Managing Director) of Nuveen Fund Advisors, LLC, and is a Chartered Financial Analyst . Officers of the Funds receive no compensation from the Funds; compensation for the Funds’ Chief Compliance Officer is paid by the Adviser, with partial reimbursement by the Funds—no pay-for-performance metrics or NEO-style disclosures are provided for Fund officers in the proxy . Prior proxies list Jones as Vice President and Treasurer (indefinite term, since 2016) and detail his seniority progression within Nuveen (Senior Managing Director since 2021; previously Managing Director 2017–2021; Senior Vice President 2016–2017; Managing Director of Nuveen Fund Advisors since 2015) .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Senior Managing Director; Head of Public Product | Since 2021 | Not disclosed in proxy |
| Nuveen Fund Advisors, LLC | President; formerly Senior Managing Director | Current; formerly Senior Managing Director | Not disclosed in proxy |
| Nuveen Fund Advisors, LLC | Managing Director | Since 2015 | Not disclosed in proxy |
| Nuveen | Managing Director | 2017–2021 | Not disclosed in proxy |
| Nuveen | Senior Vice President | 2016–2017 | Not disclosed in proxy |
| NMT (Fund Officer) | Vice President (Treasurer through 2024) | Since 2016 | Fund officer responsibilities; officers receive no compensation from Funds |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| None disclosed | — | — | — |
Fixed Compensation
- Officers receive no compensation from the Funds; the proxy does not disclose base salary, target/actual bonus, or equity grants for Fund officers. The CCO’s compensation (base and incentive) is paid by the Adviser, with an allocable portion of incentive reimbursed by the Funds—indicative of adviser-paid structures for fund officers .
- No disclosure of pay levels, bonus structures, perquisites, pension/SERP, or deferred compensation for Fund officers in the proxy .
Performance Compensation
- No disclosure of annual incentive plan metrics (revenue, EBITDA, TSR, ESG), weightings, targets, or payouts for Fund officers. Fund officer compensation is not reported in the proxy, thus pay-for-performance analysis cannot be performed from Fund filings .
Equity Ownership & Alignment
- Board Members are expected to invest at least one year of compensation in funds within the Fund Complex, but this governance principle applies to Board Members—not officers .
- As of October 22, 2025, Board Members’ individual beneficial holdings in each Fund were less than 1% of outstanding shares, and Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund—no individual officer breakdowns are provided in the proxy .
- No disclosures of pledging or hedging by Fund officers. At the governance level, committees oversee fund leverage and hedging at the portfolio level, not personal insider policies .
Employment Terms
| Term | Detail |
|---|---|
| Role at NMT | Vice President (Treasurer through 2024) |
| Term of Office | Indefinite; length of service since 2016 |
| Election | Officers are elected annually by the Board to serve until successors are elected and qualified |
| Employer/Compensation Source | Officers serve without compensation from the Funds; compensation administered by Adviser in certain cases (e.g., CCO) |
| Non-compete, Non-solicit, Severance, CIC | Not disclosed in proxy for Fund officers |
| Clawback, Tax gross-ups | Not disclosed in proxy for Fund officers |
| Credentials | Chartered Financial Analyst (CFA) |
| Business Address | 333 West Wacker Drive, Chicago, IL 60606 |
| Year of Birth | 1979 |
Investment Implications
- Compensation alignment and trading signals: Fund filings do not disclose NEO-style compensation, equity awards, vesting schedules, or insider sales for officers; officers are adviser-paid and not compensated by the Funds, limiting pay-for-performance analytics or selling-pressure assessments from the proxy alone .
- Ownership alignment: Officers as a group own less than 1% of each Fund, with no individual officer ownership detail disclosed—alignment appears limited at the Fund level and primarily governed through Board-level investment expectations (which apply to Board Members, not officers) .
- Retention/contract risk: Terms such as severance/CIC, non-compete/non-solicit, and clawbacks are not disclosed for Fund officers; officers are appointed annually by the Board with indefinite terms, suggesting reliance on adviser employment arrangements rather than Fund-level contracts .
- Execution track record: Jones’ long tenure (since 2016) and senior leadership roles across Nuveen and Nuveen Fund Advisors indicate continuity in fund complex operations, but the proxy provides no fund-specific performance metrics tied to his compensation or role outcomes .
- Actionable monitoring: Focus diligence on Fund performance, discount/premium dynamics, leverage and hedging overseen by Board committees, and governance developments (e.g., board consolidation and committee oversight changes). Track future 8-Ks and fund governance documents for any updates; the 2023 8-K details board consolidation across the Fund Complex, but contains no officer compensation terms .