Tina M. Lazar
About Tina M. Lazar
Tina M. Lazar serves as Vice President of Nuveen Massachusetts Quality Municipal Income Fund (NMT). She is based at 333 West Wacker Drive, Chicago, IL, and was born in 1961; her term is indefinite and she has served as an officer of the Funds since 2002, while her principal occupation is Managing Director of Nuveen Securities, LLC . Fund filings do not disclose education credentials or individual performance metrics (e.g., TSR, revenue, EBITDA) tied to her role; officers receive no compensation from the Funds and are elected annually by the Board, limiting visibility into any pay‑for‑performance link at the fund level .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Securities, LLC | Managing Director | 2017–present | Senior leadership at broker-dealer supporting Nuveen funds distribution/compliance |
| Nuveen Securities, LLC | Senior Vice President | 2014–2017 | Executive responsibilities preceding promotion to Managing Director |
External Roles
No external directorships or committee roles are disclosed for Tina M. Lazar in the fund proxy officer tables .
Fixed Compensation
- Officers receive no compensation from the Funds. Compensation (if any) is paid by Nuveen affiliates and is not disclosed in the NMT proxy statements; officers are elected annually by the Board .
| Component | Fund-Paid Amount | Notes |
|---|---|---|
| Base salary | $0 | Officers receive no compensation from the Funds |
| Target bonus % | Not disclosed | Paid by Nuveen affiliates; not disclosed in fund proxy |
| Actual bonus | Not disclosed | Paid by Nuveen affiliates; not disclosed in fund proxy |
| Perquisites | Not disclosed | Not disclosed in fund proxy |
Performance Compensation
No fund-level performance awards (RSUs, PSUs, options) are disclosed for officers; any Nuveen affiliate-level incentives are not included in the NMT proxy statements .
Equity Ownership & Alignment
- The proxy statements report that, as of the stated dates, Board Members’ individual beneficial shareholdings of each Fund were less than 1% and Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund .
- For Massachusetts Quality (NMT), the beneficial ownership tables show zero shares held by Board Members/Nominees and officers as a group at each snapshot date .
| Metric | 2023-08-14 | 2024-09-20 | 2025-10-22 |
|---|---|---|---|
| Officers’ group beneficial ownership in NMT (Common Shares) | 0 | 0 | 0 |
| Officers’/Board group % of outstanding NMT shares | <1% (group across Funds) | <1% (group across Funds) | <1% (group across Funds) |
| Shares pledged/hedged (officers) | Not disclosed | Not disclosed | Not disclosed |
Note: Several Form 3 filings for other NMT officers state “No securities are beneficially owned,” illustrating typical officer ownership posture in these Nuveen closed-end funds, though no Form 3 specific to Ms. Lazar was located in the filings returned .
Employment Terms
| Item | Disclosure |
|---|---|
| Position | Vice President (officer of the Funds) |
| Principal occupation | Managing Director, Nuveen Securities, LLC |
| Term of office | Indefinite; officers elected by the Board on an annual basis |
| Length of service with Funds | Since 2002 |
| Compensation source | Officers receive no compensation from the Funds (compensation paid by Nuveen affiliates, not disclosed in fund proxy) |
| Severance / change-of-control | Not disclosed for officers in fund proxy |
| Clawbacks / pledging policies | Not disclosed for officers in fund proxy |
| Non-compete / non-solicit | Not disclosed for officers in fund proxy |
Investment Implications
- Pay-for-performance assessment at the fund level is constrained: officers receive no compensation from the Funds and affiliate-level packages are not disclosed in NMT proxies, limiting visibility into salary/bonus/equity metrics, vesting schedules, and clawbacks .
- Alignment via direct ownership appears minimal at fund level: as of each snapshot date, Board Members and officers as a group owned 0 shares of NMT and less than 1% across Funds, implying negligible insider selling pressure and limited “skin‑in‑the‑game” signals from fund-level holdings .
- Retention risk looks low from tenure continuity: Lazar has served as a Fund officer since 2002 and holds a senior role at Nuveen Securities, suggesting institutional continuity; however, absence of contract/severance details precludes a full retention economics analysis .
- Governance/process takeaway: officer roles are appointed annually by the Board and not compensated by the Funds, aligning fund expense control but shifting compensation governance to Nuveen affiliates outside this proxy’s disclosure scope .