Tina M. Lazar
About Tina M. Lazar
Tina M. Lazar serves as Vice President of Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) with an indefinite term and has served as an officer in the Nuveen fund complex since 2002; she is a Managing Director of Nuveen Securities, LLC (Year of birth: 1961) . Officers of the Funds receive no compensation from the Funds; the proxy discloses that the CCO’s compensation is paid by the Adviser, with an allocable portion of incentive comp reimbursed, but does not provide individual officer pay details or performance-linked metrics for fund officers . As of February 18, 2025, Board Members and executive officers as a group beneficially owned less than 1% of the outstanding shares of each Fund, and group holdings in SPXX specifically were reported as 0 shares .
Past Roles
| Organization | Role | Years | Strategic Impact |
|---|---|---|---|
| Nuveen S&P 500 Dynamic Overwrite Fund (SPXX) | Vice President (Fund Officer) | Since 2002 | Not disclosed in filings |
| Nuveen Securities, LLC | Managing Director | Past 5 years (as principal occupation) | Not disclosed in filings |
External Roles
- None disclosed for Tina M. Lazar in the proxy filings .
Fixed Compensation
- Officers of the Funds serve without any compensation from the Funds; the CCO’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. No base salary, bonus, or equity award details are disclosed for fund officers, including Tina M. Lazar .
Performance Compensation
- No performance metrics (e.g., revenue growth, EBITDA, TSR, ESG goals) or incentive payout formulas are disclosed for fund officers; officers are not compensated by the Funds, and the proxy does not provide officer-specific incentive structures .
Equity Ownership & Alignment
| Metric | Value | Notes |
|---|---|---|
| Individual beneficial ownership (Tina M. Lazar) | Not disclosed | Proxy provides officer group and Board Member data; no individual officer ownership detail |
| Officers + Board group ownership of SPXX | 0 shares | Group holdings reported across funds; SPXX group holdings shown as 0 |
| Ownership as % of shares outstanding | <1% (group) | As of Feb 18, 2025, Board Members and executive officers as a group held less than 1% for each Fund |
| Shares pledged as collateral | Not disclosed | No pledging disclosures for officers in proxy |
| Section 16(a) compliance | Compliant | Funds state Board Members and officers complied with Section 16(a) filing requirements in the last fiscal year |
Employment Terms
| Item | Disclosure |
|---|---|
| Title | Vice President, SPXX |
| Term of office | Indefinite |
| Length of service | Since 2002 (officer of Nuveen fund complex) |
| Employer (principal occupation) | Managing Director, Nuveen Securities, LLC |
| Employment start date for SPXX officer role | 2002 (length of service) |
| Contract term/expiration | Not disclosed |
| Severance provisions | Not disclosed |
| Change-of-control terms | Not disclosed |
| Clawback provisions | Not disclosed |
| Non-compete/non-solicit | Not disclosed |
| Garden leave/consulting | Not disclosed |
Investment Implications
- Alignment: With officers not compensated by the Funds and no disclosed personal holdings for Tina M. Lazar, direct pay-for-performance linkage to SPXX is minimal; governance and distribution functions are run through Nuveen/TIAA entities rather than fund-level officer incentives .
- Retention/trading signals: Long-tenured officer status since 2002 suggests operational continuity; proxy reports Section 16(a) compliance and shows zero group holdings in SPXX, with no pledging or insider sale details disclosed—yielding limited tradable insights regarding officer-driven selling pressure .
- Focus for investors: Performance and discount dynamics in closed-end funds typically hinge on adviser strategy, board committee actions (e.g., distribution policy, leverage, repurchases), and market technicals rather than officer-level compensation constructs; the proxy details robust independent board governance and committee oversight for the Nuveen fund complex .