iPath B Bloomberg Indl Mtls Ttl Ret ETN
JJMB
New York Stock Exchange Arca- -
USD
- -
- -
- -
- -
(- -)
Recent
price
- -
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- iPath Series B Bloomberg Industrial Metals Subindex Total Return ETN (JJMB) is an exchange-traded note issued by Barclays Bank PLC that provides investors exposure to the Bloomberg Industrial Metals Subindex Total Return, which tracks the returns from a basket of industrial metals futures contracts including aluminum, copper and zinc; the ETN offers leveraged performance linked to the underlying index without direct investment in physical commodities or futures. Barclays Bank PLC, headquartered in London, United Kingdom and founded in 1690, serves as the issuer for the iPath ETN series, which encompasses various commodity-linked exchange-traded notes listed primarily on U.S. exchanges such as NYSE Arca; the company operates globally with significant activities in investment banking, wealth management and capital markets across North America, Europe and Asia. JJMB targets institutional and retail investors seeking commodity exposure within diversified portfolios, with operations focused on the U.S. market through its exchange listing. The ETN delivers a cash payment upon redemption or maturity equivalent to the performance of the index, less fees, and does not pay dividends or hold physical assets; it features daily indicative values and is structured as an unsecured senior note obligation of Barclays Bank PLC, subject to the issuer's credit risk. In recent developments, Barclays suspended further issuances and sales of JJMB and numerous other iPath ETNs in April 2022 due to a paperwork issue with U.S. regulators, followed by multiple redemption announcements including a June 2025 issuer call redemption for select iPath series, though specific confirmation for JJMB remains tied to ongoing tender offers and consent solicitations; the bank conducted cash tender offers in 2023-2025 for various ETNs, amending indentures to enable full redemptions and waive minimum redemption sizes, reflecting a strategic wind-down of underperforming or low-liquidity products in the iPath lineup.