iPath B Bloomberg Platinum Ttl Ret ETN
PGMB
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- None
- Sector
- Financial Services
- Industry
- Asset Management
- Address
- United States of America
- IPO Date
- Jan 18, 2018
- Website
- barclaysinvestments.co.uk
- Similar Companies
- Business
- iPath Series B Bloomberg Platinum Subindex Total Return ETN (PGMB) is an exchange-traded note issued by Barclays Bank PLC that provides investors with exposure to the performance of the Bloomberg Platinum Subindex Total Return SM, which tracks the returns from a single futures contract or a roll of futures contracts on platinum; the ETN does not offer direct exposure to physical platinum but rather synthetic exposure through futures positions plus collateral returns. Barclays Bank PLC, headquartered in London, United Kingdom, serves as the issuer for the iPath series of exchange-traded notes (ETNs), including PGMB, which operates globally with listings on U.S. exchanges such as NYSE Arca; the bank offers a broad range of iPath ETNs linked to commodities, including precious metals like platinum, as well as agriculture, energy, and metals subindices. The ETN targets investors seeking commodity exposure without physical ownership, with operations focused on the U.S. market through exchange trading; recent major changes include Barclays' announcement on June 12, 2025, to exercise its issuer call option and redeem in full certain iPath ETNs, potentially including series related to PGMB or its predecessor PGM, with a redemption date of June 25, 2025, following prior cash tender offers, consent solicitations, and indenture amendments. Earlier actions encompass the resumption of issuances and sales for various iPath ETNs in August 2022 after suspensions, alongside rescission offers for suspended series; Barclays has conducted multiple tender offers and redemptions in 2023-2025 for underperforming or low-volume ETNs, reflecting strategic portfolio management amid market volatility.