The ETN offers exposure to futures contracts and not direct exposure to the physical commodities. The index is composed of one or more futures contracts on the relevant commodity (the "index components") and is intended to reflect the returns that are potentially available through (1) an unleveraged investment in those contracts plus (2) the rate of interest that could be earned on cash collateral invested in specified Treasury Bills.
Frequently asked questions
What is the iPath® Series B Bloomberg Cotton Subindex Total Return ETN (BAL) expense ratio?
The iPath® Series B Bloomberg Cotton Subindex Total Return ETN funds expense ratio is 0.45%.
What is iPath® Series B Bloomberg Cotton Subindex Total Return ETN (BAL) current stock price?
As of the latest data, iPath® Series B Bloomberg Cotton Subindex Total Return ETN stock price is $61.00, with a previous close of $61.18. iPath® Series B Bloomberg Cotton Subindex Total Return ETN lost -$0.18 in the last trading session, representing a -0.29% loss.
Does iPath® Series B Bloomberg Cotton Subindex Total Return ETN (BAL) pay dividends?
No. iPath® Series B Bloomberg Cotton Subindex Total Return ETN does not pay a dividend.
