---
ticker: "VBCB"
name: "Vanguard Target Maturity 2028 Corporate Bond ETF"
url: "https://etf.net/etf/VBCB"
grade: "A"
score: 81
graded_at: "2026-10-12"
category: "Defined-Maturity Investment Grade Corporate"
category_rank: "1 of 43"
methodology: "https://etf.net/methodology"
---

# VBCB: Vanguard Target Maturity 2028 Corporate Bond ETF

Grade **A**, Score 81 of 100. Rank 1 of 43 in Defined-Maturity Investment Grade Corporate.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 87 | 2 of 43 |
| Mission | 100 | 1 of 32 |
| Risk | 87 | 5 of 43 |
| Tradability | 40 | 25 of 43 |
| Holdings | 83 | 6 of 42 |
| Durability | 56 | 18 of 43 |

## Top holdings

The fund holds 658 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | — | Goldman Sachs Bank USA/New York NY 4.66% 06/03/2029 | 0.78% |
| 2 | — | CVS Health Corp 4.30% 03/25/2028 | 0.75% |
| 3 | — | Bank of America Corp 5.82% 09/15/2029 | 0.62% |
| 4 | — | Amgen Inc 5.15% 03/02/2028 | 0.61% |
| 5 | — | Pfizer Investment Enterprises Pte Ltd 4.45% 05/19/2028 | 0.60% |
| 6 | — | Cigna Group/The 4.38% 10/15/2028 | 0.59% |
| 7 | — | Goldman Sachs Group Inc/The 4.15% 01/21/2029 | 0.58% |
| 8 | — | Bank of America Corp 3.97% 03/05/2029 | 0.57% |
| 9 | — | AerCap Ireland Capital DAC / AerCap Global Aviation Trust 3.00% 10/29/2028 | 0.56% |
| 10 | — | Wells Fargo & Co 4.15% 01/24/2029 | 0.55% |
| 11 | — | JPMorgan Chase & Co 2.07% 06/01/2029 | 0.54% |
| 12 | — | Morgan Stanley 5.45% 07/20/2029 | 0.51% |
| 13 | — | JPMorgan Chase & Co 5.30% 07/24/2029 | 0.49% |
| 14 | — | HSBC USA Inc 4.65% 06/03/2028 | 0.47% |
| 15 | — | JPMorgan Chase & Co 6.09% 10/23/2029 | 0.46% |
| 16 | — | Bank of America Corp 4.27% 07/23/2029 | 0.46% |
| 17 | — | Morgan Stanley 4.87% 07/12/2029 | 0.45% |
| 18 | — | Goldman Sachs Group Inc/The 6.48% 10/24/2029 | 0.45% |
| 19 | — | RTX Corp 4.13% 11/16/2028 | 0.45% |
| 20 | — | Salesforce Inc 4.50% 03/15/2028 | 0.44% |
| 21 | — | Amazon.com Inc 3.90% 11/20/2028 | 0.43% |
| 22 | — | Deutsche Bank AG/New York NY 6.72% 01/18/2029 | 0.43% |
| 23 | — | NVIDIA Corp 4.25% 06/15/2028 | 0.43% |
| 24 | — | Wells Fargo & Co 6.30% 10/23/2029 | 0.43% |
| 25 | — | HSBC Holdings PLC 2.21% 08/17/2029 | 0.43% |
| 26 | — | Morgan Stanley 5.12% 02/01/2029 | 0.42% |
| 27 | — | Citibank NA 5.80% 09/29/2028 | 0.41% |
| 28 | — | US Bancorp 3.90% 04/26/2028 | 0.41% |
| 29 | — | General Motors Financial Co Inc 6.00% 01/09/2028 | 0.40% |
| 30 | — | Apple Inc 4.00% 05/12/2028 | 0.39% |

Source: etf.net, https://etf.net/etf/VBCB. Please cite the page URL.