Nathaniel Jones
About Nathaniel Jones
Nathaniel T. Jones (born 1979) serves as Vice President and Treasurer of Nuveen New York Municipal Value Fund (NNY), an officer role he has held in the Nuveen closed‑end fund complex since 2016 . He is a Senior Managing Director at Nuveen and, as of 2025, Head of Public Product at Nuveen and President of Nuveen Fund Advisors, LLC; he is also a CFA charterholder . Officers of the Funds receive no compensation from the Funds; compensation for certain fund officers (e.g., CCO) is paid by the adviser (Nuveen) and not disclosed at the fund level . The Funds reported compliance with Section 16(a) insider reporting requirements in 2025 (with no delinquencies noted for officers) and only one late Form 4 for another officer in 2024 (not Jones) .
Past Roles
| Organization | Role | Years | Strategic Impact/Notes |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | President | 2025–present | Officer biography notes current presidency |
| Nuveen (Parent) | Senior Managing Director; Head of Public Product | As of 2025 | Current responsibility over public product |
| Nuveen Fund Advisors, LLC | Senior Managing Director | Pre‑2025 (prior role) | Previously Senior Managing Director before presidency |
| Nuveen Funds (Fund Complex including NNY) | Vice President and Treasurer | 2016–present | Fund officer since 2016 |
External Roles
No external directorships or outside board roles for Nathaniel T. Jones are disclosed in the proxy officer biographies .
Fixed Compensation
| Component | Fund‑level Disclosure | Notes |
|---|---|---|
| Base salary | $0 from the Funds | Officers serve without any compensation from the Funds |
| Target/actual bonus | $0 from the Funds | Not paid by the Funds |
| Pension/SERP | None at Fund level | The Funds do not have retirement or pension plans for Board; officers compensated by adviser, not the Funds |
| Deferred comp | Not applicable to officers | Deferred plan applies to Independent Board Members in certain funds, not Fund officers |
| Perquisites | Not disclosed | Officer compensation/perquisites are at adviser (Nuveen), not disclosed by the Funds |
Performance Compensation
| Incentive Type | Metric(s) | Weighting/Target | Actual/Payout | Vesting |
|---|---|---|---|---|
| Fund‑level variable pay | Not applicable | — | — | — |
Officers receive no compensation from the Funds; the proxy does not disclose adviser‑level incentive metrics or payouts for Jones .
Equity Ownership & Alignment
| Metric | As of 5/31/2024 | As of 5/31/2025 |
|---|---|---|
| NNY shares beneficially owned by Board Members and Officers as a group (shares) | 0 | 0 |
| NNY common shares outstanding (reference) | 18,886,051 (as of 6/13/2024) | 18,886,052 (as of 6/20/2025) |
- Officers’ individual holdings are not itemized; only group totals are disclosed. Group ownership in NNY was 0 at both dates, indicating minimal direct “skin‑in‑the‑game” at the fund entity level .
- The Funds state a governance principle that Board Members (not officers) are expected to invest at least one year of compensation in the fund complex; this principle does not establish officer ownership guidelines at the fund level .
Pledging/hedging: No pledging or hedging disclosures are provided for officers in the proxy .
Beneficial holders: No >5% beneficial owners of NNY common shares are listed in Appendix B for 2025 (none shown for NNY), indicating dispersed ownership; other Nuveen funds list >5% holders, but NNY is not among them in 2025 .
Employment Terms
| Term | Detail |
|---|---|
| Officer title | Vice President and Treasurer |
| Employer | Nuveen (adviser/affiliates); Fund officer position in Nuveen fund complex |
| Term length | Indefinite; officers are elected by the Board on an annual basis to serve until successors are elected and qualified |
| Length of service | Since 2016 as Fund officer |
| Compensation source | Officers receive no compensation from the Funds; CCO compensation is paid by the adviser; other officer pay is not disclosed at fund level |
| Severance/COC/clawback | Not disclosed at the fund level (officer employment is with adviser) |
| Section 16 compliance | Funds report compliance in 2025; 2024 noted one late Form 4 for a different officer (not Jones) |
Investment Implications
- Pay-for-performance and retention signals are opaque at the fund level: Jones’ compensation is set and paid by Nuveen (the adviser), with no fund‑level disclosure of salary, bonus metrics (TSR, revenue, EBITDA), severance, or change‑of‑control; this limits direct analysis of alignment via the proxy .
- Minimal direct alignment through NNY ownership at the fund entity level: group beneficial ownership for Board Members and officers in NNY was 0 at both 5/31/2024 and 5/31/2025, suggesting little direct economic exposure to NNY shares by insiders as a group; however, officers may hold interests elsewhere in the Nuveen complex not captured here .
- Low insider‑selling pressure signal: with zero disclosed group ownership in NNY, insider selling pressure is structurally limited; Section 16 compliance was reported in 2025 (and no Jones‑specific delinquencies noted in 2024) .
- Ownership dispersion: No >5% holders listed for NNY in 2025 implies more diffuse shareholder base, which can reduce the likelihood of activist pressure relative to Nuveen funds where larger holders are present .
- Bottom line: For trading or governance signaling, Jones’ role is operational/administrative as a fund officer with compensation determined at the adviser; monitor adviser announcements or any 8‑K Item 5.02 filings for role changes, and review future proxies for any updates to officer biographies and ownership tables for emerging alignment signals .