ETNs are debt-like instruments. An issuing financial institution promises to pay ETN investors a return on a benchmark index before the ETN matures. Additionally, some ETNs provide current distributions to investors. Since ETNs are a type of debt security, investors will have to watch out for the credit worthiness of the issuing bank. [ETNs Gaim Big Assets]
PowerShares DB Italian Treasury Bond Futures ETN
ETF Trends editorial team contributed to this post.