Tina M. Lazar
About Tina M. Lazar
Tina M. Lazar serves as Vice President of Nuveen Virginia Quality Municipal Income Fund (NPV) with an indefinite term and has been an officer in the Nuveen fund complex since 2002; her principal occupation over the past five years is Managing Director of Nuveen Securities, LLC, with listed address 333 West Wacker Drive, Chicago, IL 60606, and year of birth 1961 . Officers of the Funds receive no compensation from the Funds, and the proxy does not disclose fund-level performance metrics (e.g., TSR, revenue, EBITDA) tied to officer compensation .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Virginia Quality Municipal Income Fund (NPV) | Vice President (Fund Officer) | Since 2002 | Officer of the Fund; elected annually; receives no compensation from the Fund |
External Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Securities, LLC | Managing Director | Past 5 years | Not disclosed |
Fixed Compensation
| Item | 2025 Proxy |
|---|---|
| Compensation from NPV (Fund-level) | $0 — Officers receive no compensation from the Funds |
Officers are elected annually to serve until successors are elected and qualified .
Performance Compensation
| Metric | Weighting | Target | Actual | Payout | Vesting |
|---|---|---|---|---|---|
| Not disclosed at Fund level for officers | — | — | — | — | — |
The proxy indicates officers receive no compensation from the Funds; no RSU/PSU/options or performance metrics tied to fund-level officer compensation are disclosed .
Equity Ownership & Alignment
| Item | Dec 31, 2024 | Feb 18, 2025 |
|---|---|---|
| All Board Members and Officers as a Group – NPV shares owned | 0 | <1% of outstanding shares owned (each Fund; group) |
| Tina M. Lazar – individual NPV ownership | Not individually disclosed | Not individually disclosed |
Appendix A presents share ownership for Board Members individually and the Board Members/nominees and officers as a group; officers’ individual holdings are not enumerated, and group ownership for NPV is shown as 0 as of Dec 31, 2024 .
VRDP Shares (Series 1) of the Virginia Municipal fund are 100% held by Toronto Dominion Investments entities (1,280 shares), indicating institutional ownership of preferred series; this does not reflect common share ownership .
Employment Terms
| Term/Election | Length of Service | Principal Occupation (past 5 years) | Address | Year of Birth |
|---|---|---|---|---|
| Officers elected annually by the Board; serve until successors elected and qualified | Indefinite; officer since 2002 | Managing Director, Nuveen Securities, LLC | 333 West Wacker Drive, Chicago, IL 60606 | 1961 |
| Fund-level compensation | Officers receive no compensation from the Funds | — | — | — |
| CCO compensation context | Paid by the Adviser (base + incentive); Fund reimburses allocable portion of CCO incentive | — | — | — |
Investment Implications
- Pay-for-performance alignment at the Fund level cannot be evaluated for Lazar because officers receive no compensation from the Funds; any incentive alignment would be at Nuveen/TIAA level and not disclosed in NPV’s proxy .
- Long tenure (officer since 2002) and continued listing as Vice President suggest continuity and low immediate retention risk signals from fund documents, though employment contract specifics (e.g., non-compete, severance) are not disclosed .
- No individual fund share ownership is disclosed for Lazar; group ownership in NPV is 0 as of Dec 31, 2024 and <1% of outstanding shares as of Feb 18, 2025, implying limited direct “skin-in-the-game” signal at the Fund level from officers .
- Trading signal relevance is minimal from officer activity given lack of fund-level compensation and disclosed ownership; monitoring institutional holders (e.g., VRDP series fully held by TD entities) matters for capital structure dynamics but is not tied to Lazar’s incentives .