Nathaniel T. Jones
About Nathaniel T. Jones
Nathaniel T. Jones (year of birth: 1979) serves as Vice President and Treasurer of Nuveen Virginia Quality Municipal Income Fund (NPV), an officer role he has held since 2016. He is a Senior Managing Director at Nuveen and Nuveen Fund Advisors, LLC, and holds the Chartered Financial Analyst (CFA) designation . Fund officers receive no compensation from the Fund, and the proxy does not disclose officer-level performance metrics (e.g., TSR, revenue or EBITDA growth) tied to compensation .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen | Senior Managing Director | Not disclosed | Not disclosed |
| Nuveen Fund Advisors, LLC | Senior Managing Director | Not disclosed | Not disclosed |
| NPV (Nuveen Virginia Quality Municipal Income Fund) | Vice President and Treasurer | Since 2016 | Officer of the Fund (Treasury) |
External Roles
- No external directorships or roles are disclosed for Nathaniel T. Jones in the NPV proxy materials .
Fixed Compensation
| Component | Amount/Terms | Source/Notes |
|---|---|---|
| Fund-paid officer compensation | $0 (officers serve without any compensation from the Funds) | Officers receive no compensation from the Fund |
| Chief Compliance Officer (CCO) compensation reference | Paid by Adviser; Fund reimburses allocable portion of CCO incentive compensation | CCO structure disclosed; not specific to Treasurer |
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| No fund-level performance incentives (PSUs/RSUs/options) for Fund officers disclosed | N/A | N/A | N/A | N/A | N/A |
Equity Ownership & Alignment
| Item | Value | As-of | Notes |
|---|---|---|---|
| Officers and Board Members as a group – beneficial ownership of NPV common shares | 0 | Dec 31, 2024 | Group held 0 NPV shares |
| Officers and Board Members as a group – beneficial ownership % of NPV outstanding shares | 0.0% | Dec 31, 2024 / Feb 18, 2025 | NPV had 18,245,696 common shares outstanding on Feb 18, 2025 |
| Officers and Board Members – beneficial ownership across Funds | Less than 1% of outstanding shares of each Fund | Feb 18, 2025 | Applies Fund-complex wide |
| Section 16(a) compliance | Fund believes Board Members and officers complied during last fiscal year and previous year | Last fiscal year | No delinquent filings noted |
Employment Terms
| Element | Disclosure |
|---|---|
| Title | Vice President and Treasurer |
| Term length | Indefinite |
| Length of service in officer role | Since 2016 |
| Employer of record | Nuveen; Nuveen Fund Advisors, LLC |
| Compensation source | Officers receive no compensation from the Fund |
| Severance / change-of-control | Not disclosed in Fund filings |
| Non-compete / non-solicit | Not disclosed in Fund filings |
| Clawbacks / tax gross-ups | Not disclosed in Fund filings |
Investment Implications
- Direct pay-for-performance alignment at the Fund level appears limited given officers receive no compensation from NPV and no fund-level incentive metrics (PSUs/RSUs/options) are disclosed for officers in proxy materials .
- Equity alignment is minimal: officers and Board Members as a group held 0 NPV shares as of Dec 31, 2024 and own less than 1% across Funds, suggesting low insider ownership signaling for this Fund .
- Compliance and governance practices are stable: Section 16(a) reporting compliance is affirmed for officers and Board Members over the last fiscal year and the prior year, reducing regulatory red-flag risk from filing deficiencies .
Net takeaway: For trading and compensation-alignment signals, the absence of Fund-paid officer incentives and negligible insider ownership at NPV mean compensation levers are largely driven by the Adviser, not fund-specific TSR; insider selling pressure tied to vesting is not indicated in Fund disclosures .