iPath Bloomberg Commodity Index Total Return(SM) ETN

Frequently Asked Questions About DJP

What does DJP invest in?

The iPath® Bloomberg Commodity Index Total ReturnSM ETNs (the "ETNs") are designed to provide exposure to the Bloomberg Commodity Index Total ReturnSM (the "Index"). The ETNs are riskier than ordinary unsecured debt securities and have no principal protection. The ETNs are unsecured debt obligations of the issuer, Barclays Bank PLC, and are not, either directly or indirectly, an obligation of or guaranteed by any third party. Any payment to be made on the ETNs, including any payment at maturity or upon redemption, depends on the ability of Barclays Bank PLC to satisfy its obligations as they come due. An investment in the ETNs involves significant risks , including possible loss of principal, and may not be suitable for all investors. The Index reflects the returns that are potentially available through an unleveraged investment in futures contract on physical commodities comprising the Index plus the rate of interest that could be earned on cash collateral invested in specified Treasury Bills. The Index is a rolling index that is rebalanced annually. Owning the ETNs is not the same as owning interests in the commodities futures contracts comprising the Index or a security directly linked to the performance of the Index. For additional information regarding the risks associated with the ETNs, please see "Selected Risk Considerations" below.

What is the expense ratio of DJP?

iPath Bloomberg Commodity Index Total Return(SM) ETN (DJP) charges an expense ratio of 0.70%. This is the annual fee deducted from fund assets to cover management and operations.

What is the duration of DJP?

Effective duration measures DJP's sensitivity to interest-rate changes — a duration of 6 means a 1% rate move shifts NAV by roughly 6% in the opposite direction. DJP's current duration is published on the fund's factsheet on the issuer's website.

What is the credit quality of DJP?

DJP's credit quality breakdown — the share of holdings rated AAA through CCC and below — is published on the fund's factsheet. Higher-quality (investment-grade) funds yield less but carry less default risk than high-yield / junk bond funds.

What is the yield to maturity of DJP?

Yield to maturity (YTM) is the total return you'd earn from DJP if every bond in the portfolio is held to maturity at the current price. DJP's YTM is published on the fund's factsheet on the issuer's website — it differs from the trailing-12-month yield because YTM reflects current bond prices rather than historical income paid.

How big is DJP?

iPath Bloomberg Commodity Index Total Return(SM) ETN (DJP) manages $936.5M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.