Jeremy D. Franklin
About Jeremy D. Franklin
Jeremy D. Franklin is Vice President and Assistant Secretary of Nuveen S&P 500 Dynamic Overwrite Fund (SPXX), serving since 2024 with an indefinite term; his year of birth is 1983 and his office address is 8500 Andrew Carnegie Blvd., Charlotte, NC 28262 . He concurrently serves as Managing Director and Assistant Secretary at Nuveen Fund Advisors, LLC and holds associate general counsel and assistant secretary roles across Nuveen Asset Management, Teachers Advisors, TIAA‑CREF Investment Management, TIAA Separate Account VA‑1, and College Retirement Equities Fund; fund officers receive no compensation from the Funds (compensation is paid by the adviser) . Section 16(a) compliance reporting indicates the Fund believes its Board Members and officers complied with applicable filing requirements in the last fiscal year and the prior fiscal year .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen Fund Advisors, LLC | Managing Director and Assistant Secretary | Current | Corporate governance support and officer responsibilities across Nuveen closed‑end funds |
| Nuveen Asset Management, LLC | Vice President, Associate General Counsel, and Assistant Secretary | Current | Legal counsel and fund documentation oversight for asset management entities |
| Teachers Advisors, LLC | Vice President, Associate General Counsel, and Assistant Secretary | Current | Legal advisory and governance for TIAA advisory entities |
| TIAA‑CREF Investment Management, LLC | Vice President, Associate General Counsel, and Assistant Secretary | Current | Investment management legal and compliance functions |
| Teachers Insurance and Annuity Association of America | Vice President and Associate General Counsel | Current | Enterprise legal advisory within TIAA |
| TIAA‑CREF Funds and TIAA‑CREF Life Funds | Vice President and Assistant Secretary | Current | Mutual fund governance and officer responsibilities |
| TIAA Separate Account VA‑1 and College Retirement Equities Fund (CREF) | Vice President, Associate General Counsel, and Assistant Secretary | Current | Variable annuity and CREF governance; officer functions |
| TIAA (various prior positions) | Legal roles | Prior; Not disclosed | Prior legal positions at TIAA (specifics not disclosed) |
External Roles
- None disclosed for Jeremy D. Franklin in the proxy statement .
Fixed Compensation
- Fund officers receive no compensation from the Funds; the Chief Compliance Officer’s compensation is paid by the Adviser, with the Funds reimbursing an allocable portion of the Adviser’s cost of the CCO’s incentive compensation .
Performance Compensation
- No performance‑based compensation (bonus/PSU/RSU/option) is disclosed for Fund officers; officers are uncompensated by the Funds and adviser‑level terms are not detailed in the proxy .
Equity Ownership & Alignment
| Item | Value |
|---|---|
| Jeremy D. Franklin – Beneficial ownership in SPXX | Not disclosed in proxy |
| Officers and Board Members as a group – SPXX shares | 0 shares as of Dec 31, 2024 |
| SPXX common shares outstanding (record date Feb 18, 2025) | 17,960,021 |
| Officers/Board group ownership % of SPXX | 0.00% (0 / 17,960,021) |
| Pledging or hedging of SPXX shares | Not disclosed |
| Stock ownership guidelines | Board Members are expected to invest at least the equivalent of one year of compensation in the fund complex; no officer ownership guideline disclosed |
Employment Terms
| Term Element | Details |
|---|---|
| Position | Vice President and Assistant Secretary |
| Term length | Indefinite |
| Start date | Since 2024 (Fund officer) |
| Employer entity (for compensation) | Adviser (Nuveen/TIAA); officers are uncompensated by the Funds |
| Non‑compete / non‑solicit / garden leave | Not disclosed |
| Severance / change‑of‑control provisions | Not disclosed |
| Clawback provisions | Not disclosed |
| Section 16 compliance | Fund believes Board Members and officers complied in last fiscal year and the prior fiscal year |
Investment Implications
- Alignment and insider signals: No reported SPXX share ownership by officers/Board as a group (0 shares) limits direct ownership alignment and reduces the strength of insider trading signals for this fund .
- Compensation levers: With officers uncompensated by the Funds and adviser‑level compensation undisclosed, there are no observable Fund‑level pay‑for‑performance levers (no bonus/RSU/option disclosures), constraining assessment of vesting pressure or selling incentives .
- Retention and execution risk: Jeremy’s multi‑entity legal/governance roles across Nuveen/TIAA suggest institutional continuity; however, the proxy provides no employment contract, severance, or change‑of‑control economics to quantify retention or transition risk .
- Governance and compliance: Section 16 compliance is affirmed by the Fund, and no related‑party transactions or legal proceedings are disclosed for officers, indicating low governance red flags in disclosed materials .