Nicholas Travaglino Email & Phone Number

Charlotte, NC, US

Charlotte, North Carolina Area

• Lead Portfolio Manager for the Nuveen Strategic Income Fund (Ticker: FCDDX), which seeks a high level of income by investing in domestic and foreign government and corporate bonds, securitized products, and preferred.
• Co-Portfolio Manager for the TIAA-CREF Core Plus Bond Fund (Ticker: TCBPX), Nuveen Mortgage & Income Fund (Ticker: JLS) and the TIAA-CREF Inflation-Linked Bond Fund (Ticker: TCILX).
• Sector Portfolio Manager responsible for the performance of over $30 billion in residential mortgage assets held in retirement, total return, insurance, managed account, and bank liquidity strategies.
• Developed and implemented investment strategies for Agency, Non-Agency, Credit Risk Transfer, and Whole Loan assets across firm mandates.
• Member of the Investment Committee, which establishes investment policy for all global fixed income products.
• Head of Structured Products providing supervisory oversight of ABS and CMBS portfolio management.

• Actively traded an Agency mortgage portfolio of over $2 billion in market value consisting of hybrid ARMs, mortgage derivatives, and specified pools on behalf of the Global Arbitrage & Trading division
• Developed and presented to senior management investment strategies that expanded investment into mortgage derivatives including inverse IO, fixed rate CMOs, and floating rate securities
• Implemented Polypaths as the primary valuation vehicle for all assets and hedges and integrated the system into existing back office processes

• Managed CMO position of over $1 billion, provided liquidity to accounts and developed propriety trade ideas based on a relative value approach
• Achieved profitability through the structuring of $16 billion in new issue securities and negotiated $24 billion in trades with investors during 2007
• Capitalized on trading opportunities by establishing basis, curve, and volatility trades with passthroughs, treasuries, swaps, and swaptions
• Established new and enhanced existing relationships with domestic and foreign banks, money managers, and insurance companies
• Created and implemented a market communications strategy that provided consistent and timely information to the sales force and investor base
• Developed and delivered training seminars for 450 employees and oversaw training for all new CMO desk employees hired through the analyst program

• Structured new securities and actively monitored the secondary market in order to develop investment strategies that optimized option-adjusted returns while minimizing negative convexity of the $600 billion portfolio
• Generated PVA of more than $112 million and allocated over $450 million in corporate capital through trading activity in 2004
• Evaluated and executed over $28 billion in trades of REMIC tranches, IOs and POs, and Passthroughs for Held-to-Maturity and Available-for-Sale Mortgage Portfolios in 2004
• Presented market intelligence and risk management initiatives to firm executives at capital committee meetings