UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM N-Q
QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED
MANAGEMENT INVESTMENT COMPANIES
Investment Company Act file number 811-05273
Van Kampen Income Trust
--------------------------------------------------------------------------------
(Exact name of registrant as specified in charter)
1221 Avenue of the Americas, New York, New York 10020
--------------------------------------------------------------------------------
(Address of principal executive offices) (Zip code)
Ronald Robison
1221 Avenue of the Americas, New York, New York 10020
--------------------------------------------------------------------------------
(Name and address of agent for service)
Registrant's telephone number, including area code: 212-762-4000
Date of fiscal year end: 12/31
Date of reporting period: 9/30/06
Item 1. Schedule of Investments.
The Trust's schedule of investments as of the close of the reporting period
prepared pursuant to Rule 12-12 of Regulation S-X is as follows:
VAN KAMPEN INCOME TRUST
PORTFOLIO OF INVESTMENTS SEPTEMBER 30, 2006 (UNAUDITED)
PAR
AMOUNT
(000) DESCRIPTION COUPON MATURITY VALUE
Domestic Corporate Bonds 42.8%
AEROSPACE & DEFENSE 0.4%
400 K & F Acquisition, Inc. 7.750% 11/15/14 $ 403,000
-------------
AUTOMOTIVE 2.3%
400 Arvin Meritor, Inc. 8.750 03/01/12 385,000
355 Ford Motor Co. 7.450 07/16/31 276,012
335 Ford Motor Credit Co. 5.800 01/12/09 319,091
300 General Motors Acceptance Corp. 4.375 12/10/07 292,965
535 General Motors Acceptance Corp. 6.875 09/15/11 532,716
125 General Motors Corp. 7.125 07/15/13 110,469
355 General Motors Corp. 8.375 07/15/33 308,850
-------------
2,225,103
-------------
CHEMICALS 2.5%
100 Equistar Chemicals LP 10.625 05/01/11 107,750
240 Huntsman ICI Chemicals LLC 10.125 07/01/09 244,800
225 Innophos Investments (Floating Rate Coupon) 13.405 02/15/15 234,411
190 Innophos, Inc. (Variable Rate Coupon) 8.875 08/15/14 189,525
230 JohnsonDiversey, Inc. 9.625 05/15/12 232,300
150 Koppers, Inc. (Variable Rate Coupon) (b) 9.875 10/15/13 163,125
225 Lyondell Chemical Co. 10.500 06/01/13 248,625
210 Nalco Co. 7.750 11/15/11 215,250
295 Nalco Co. 8.875 11/15/13 309,012
204 Rockwood Specialties Group, Inc. 10.625 05/15/11 219,300
75 Rockwood Specialties Group, Inc. (EUR) 7.625 11/15/14 98,908
215 Westlake Chemicals Corp. 6.625 01/15/16 205,325
-------------
2,468,331
-------------
CONSTRUCTION MACHINERY 0.2%
214 Manitowoc Co., Inc. 10.500 08/01/12 231,120
-------------
CONSUMER PRODUCTS 2.1%
370 Iron Mountain, Inc. 8.625 04/01/13 380,175
545 Levi Strauss & Co. (Floating Rate Coupon) 10.258 04/01/12 564,075
120 Oxford Industrials, Inc. 8.875 06/01/11 123,000
515 Phillips Van-Heusen Corp. 7.250 02/15/11 522,725
260 Steinway Musical Instruments (a) 7.000 03/01/14 256,100
194 Tempur-Pedic, Inc. 10.250 08/15/10 204,427
-------------
2,050,502
-------------
DIVERSIFIED MANUFACTURING 1.4%
425 Case New Holland, Inc. 7.125 03/01/14 428,719
365 Hexcel Corp. 6.750 02/01/15 350,400
210 Koppers Hldgs, Inc. (b) 0/9.875 11/15/14 155,400
190 Propex Fabrics, Inc. 10.000 12/01/12 173,375
290 RBS Global & Rexnord Corp. (a) 9.500 08/01/14 295,800
-------------
1,403,694
-------------
ELECTRIC 2.4%
160 AES Corp. 7.750 03/01/14 167,200
26 AES Corp. 8.875 02/15/11 27,950
41 AES Corp. 9.375 09/15/10 44,485
260 AES Corp., (a) 9.000 05/15/15 281,450
100 CMS Energy Corp. 6.300 02/01/12 99,500
535 CMS Energy Corp. 7.500 01/15/09 553,725
240 IPALCO Enterprises, Inc. (Variable Rate Coupon) 8.375 11/14/08 247,800
75 IPALCO Enterprises, Inc. (Variable Rate Coupon) 8.625 11/14/11 80,812
260 Monongahela Power Co. 5.000 10/01/06 260,000
170 Nevada Power Co. 8.250 06/01/11 188,004
140 Nevada Power Co. 9.000 08/15/13 153,455
255 PSEG Energy Holdings 8.625 02/15/08 265,837
-------------
2,370,218
-------------
ENVIRONMENTAL & FACILITIES SERVICES 0.7%
115 Allied Waste North America, Inc. 5.750 02/15/11 110,831
310 Allied Waste North America, Inc. 6.375 04/15/11 303,800
110 Allied Waste North America, Inc. 6.500 11/15/10 108,900
123 Allied Waste North America, Inc., Ser B 9.250 09/01/12 131,764
-------------
655,295
-------------
FOOD/BEVERAGE 1.8%
195 Michael Foods, Inc. 8.000 11/15/13 199,875
330 Pilgrim's Pride Corp. 9.250 11/15/13 339,900
580 Pilgrim's Pride Corp. 9.625 09/15/11 611,900
150 Smithfield Foods, Inc. 7.000 08/01/11 151,875
430 Smithfield Foods, Inc., Ser B 8.000 10/15/09 451,500
-------------
1,755,050
-------------
GAMING 2.6%
250 Caesars Entertainment 8.875 09/15/08 262,500
520 Isle of Capri Casinos, Inc. 7.000 03/01/14 496,600
405 Las Vegas Sands Corp. 6.375 02/15/15 382,219
60 MGM Mirage, Inc. 5.875 02/27/14 55,875
725 MGM Mirage, Inc. 6.000 10/01/09 719,562
465 Station Casinos, Inc. 6.000 04/01/12 451,050
190 Station Casinos, Inc. 7.750 08/15/16 198,075
-------------
2,565,881
-------------
HEALTHCARE 5.4%
265 Amerisourcebergen Corp. 5.625 09/15/12 261,807
540 Community Health Systems, Inc. 6.500 12/15/12 519,075
535 Davita, Inc. 6.625 03/15/13 524,969
665 Fisher Scientific International, Inc. 6.125 07/01/15 663,337
38 Fresenius Medical Care Capital Trust II 7.875 02/01/08 382,500
315 Fresenius Medical Care Capital Trust IV 7.875 06/15/11 324,844
105 HCA, Inc. 5.750 03/15/14 82,687
370 HCA, Inc. 6.500 02/15/16 297,850
140 HCA, Inc. 8.700 02/10/10 141,077
355 HCA, Inc. 8.750 09/01/10 359,437
220 National Mentor Holdings, (a) 11.250 07/01/14 229,900
260 Omnicare, Inc. 6.750 12/15/13 254,150
250 Res-Care, Inc. 7.750 10/15/13 250,625
120 Tenet Healthcare Corp. 7.375 02/01/13 108,750
70 Tenet Healthcare Corp. 9.875 07/01/14 70,087
480 Ventas Realty Ltd Partnership 6.750 06/01/10 490,800
335 VWR International, Inc. 6.875 04/15/12 335,000
-------------
5,296,895
-------------
HOME CONSTRUCTION 0.9%
61 Goodman Global Holdings, Inc. (Floating Rate Coupon) 8.329 06/15/12 61,991
65 Interface, Inc. 7.300 04/01/08 65,975
255 Interface, Inc. 9.500 02/01/14 263,925
75 Interface, Inc. 10.375 02/01/10 82,125
360 Nortek, Inc. 8.500 09/01/14 342,000
80 Technical Olympic USA, Inc. 10.375 07/01/12 69,600
-------------
885,616
-------------
INDEPENDENT ENERGY 0.7%
240 Equistar Chemicals LP 10.125 09/01/08 255,300
465 Massey Energy Co. 6.875 12/15/13 423,150
-------------
678,450
-------------
INTEGRATED ENERGY 2.6%
100 Chesapeake Energy Corp. 6.375 06/15/15 96,000
260 Chesapeake Energy Corp. 6.625 01/15/16 252,200
305 Chesapeake Energy Corp. 7.500 09/15/13 311,100
80 Chesapeake Energy Corp. 7.625 07/15/13 82,100
350 El Paso Production Holding Co. 7.750 06/01/13 359,625
60 Hanover Compressor Co. 8.625 12/15/10 62,700
95 Hanover Equipment Trust 8.750 09/01/11 99,275
91 Hanover Equipment Trust, Ser A 8.500 09/01/08 92,592
435 Hilcorp Energy Finance Corp., (a) 7.750 11/01/15 423,037
400 Kinder Morgan, Inc. 6.500 09/01/12 400,813
50 MSW Energy Holdings LLC 8.500 09/01/10 51,750
250 Pacific Energy Partners 7.125 06/15/14 256,250
-------------
2,487,442
-------------
LODGING 0.8%
240 Host Marriott LP 7.125 11/01/13 244,200
500 Host Marriott LP 6.375 03/15/15 487,500
-------------
731,700
-------------
MEDIA-CABLE 2.0%
400 Cablevision Systems Corp. (Floating Rate Coupon) 9.620 04/01/09 427,500
148 Charter Communications Holdings LLC 11.000 10/01/15 135,420
135 Echostar DBS Corp. 5.750 10/01/08 134,156
470 Echostar DBS Corp. 6.375 10/01/11 458,837
200 Echostar DBS Corp. 6.625 10/01/14 190,750
120 General Cable Corp. 9.500 11/15/10 129,000
295 Lin Television Corp. 6.500 05/15/13 276,562
120 Lin Television Corp., Ser B 6.500 05/15/13 112,500
45 PanAmSat Corp. 9.000 08/15/14 46,687
1,000 Park N View, Inc., Ser B (c) (d) (e) 13.000 05/15/08 0
-------------
1,911,412
-------------
MEDIA-NONCABLE 1.5%
45 Advanstar Communications, Inc. 10.750 08/15/10 48,713
175 AMC Entertainment, Inc. (Floating Rate Coupon) 9.655 08/15/10 181,563
127 Dex Media East LLC 12.125 11/15/12 142,399
171 Dex Media West LLC, Ser B 9.875 08/15/13 185,535
245 Houghton Mifflin Co. 8.250 02/01/11 252,963
255 Houghton Mifflin Co. 9.875 02/01/13 270,938
75 Interpublic Group Cos., Inc. 5.400 11/15/09 71,250
170 Interpublic Group Cos., Inc. 7.250 08/15/11 164,050
110 Nebraska Book Co., Inc. 8.625 03/15/12 103,675
-------------
1,421,086
-------------
METALS 0.7%
85 Foundation, PA Coal Co. 7.250 08/01/14 85,850
390 UCAR Finance, Inc. 10.250 02/15/12 411,450
189 United States Steel Corp. 9.750 05/15/10 202,703
-------------
700,003
-------------
NATURAL GAS PIPELINES 0.9%
210 Colorado Interstate Gas 6.800 11/15/15 212,686
55 Northwest Pipeline Corp. 8.125 03/01/10 57,475
105 Southern Natural Gas Co. 8.875 03/15/10 110,635
470 Williams Cos., Inc. 7.875 09/01/21 493,500
-------------
874,296
-------------
NONCAPTIVE-CONSUMER FINANCE 0.3%
255 Residential Capital Corp. 6.375 06/30/10 258,216
-------------
OIL FIELD SERVICES 1.5%
370 Chaparral Energy, Inc. 8.500 12/01/15 369,075
225 Hanover Compressor Co. 9.000 06/01/14 239,625
170 Hilcorp Energy Finance Corp., (a) 10.500 09/01/10 183,813
104 Magnum Hunter Resources, Inc. 9.600 03/15/12 110,240
230 MSW Energy Holdings II LLC 7.375 09/01/10 231,150
300 Pogo Producing Co. 6.875 10/01/17 287,625
-------------
1,421,528
-------------
PACKAGING 0.8%
65 Owens-Illinois, Inc. 7.350 05/15/08 65,813
680 Owens-Illinois, Inc. 7.500 05/15/10 683,400
-------------
749,213
-------------
PAPER 1.8%
305 Berry Plastics Hldg Corp. (a) 8.875 09/15/14 308,050
285 Covalence Specialty Material, (a) 10.250 03/01/16 277,875
180 Crown Americas 7.625 11/15/13 183,150
230 Graham Packaging Co. 8.500 10/15/12 228,850
285 Graham Packaging Co. 9.875 10/15/14 281,438
350 Graphic Packaging International, Inc. 9.500 08/15/13 359,625
115 P.H. Glatfelter, (a) 7.125 05/01/16 112,710
-------------
1,751,698
-------------
PHARMACEUTICALS 0.2%
159 Warner Chilcott Corp. (Variable Rate Coupon) 8.750 02/01/15 165,360
-------------
RAILROADS 0.6%
505 Amsted Industries, Inc., (a) 10.250 10/15/11 542,875
-------------
RETAIL 1.5%
210 Brown Shoe Co., Inc. 8.750 05/01/12 220,500
480 JC Penny Co., Inc. 8.000 03/01/10 516,696
370 Linens 'N Things, Inc., (Floating Rate Coupon) (a) 11.132 01/15/14 358,900
350 Petro Shopping Center Financial 9.000 02/15/12 356,125
-------------
1,452,221
-------------
SERVICES 0.2%
100 Buhrmann US, Inc. 7.875 03/01/15 96,750
90 Buhrmann US, Inc. 8.250 07/01/14 89,325
-------------
186,075
-------------
SUPERMARKETS 0.9%
280 Albertson's, Inc. 7.250 05/01/13 278,179
110 Albertson's, Inc. 7.500 02/15/11 112,619
225 Delhaize America, Inc. 8.125 04/15/11 242,615
204 Kroger Co., (a) 8.500 07/15/17 220,444
-------------
853,857
-------------
TECHNOLOGY 0.4%
170 Iron Mountain, Inc. 7.750 01/15/15 170,850
235 Sungard Data Systems, Inc. 9.125 08/15/13 244,400
20 Sungard Data Systems, Inc. (Floating Rate Coupon) 9.973 08/15/13 20,850
-------------
436,100
-------------
TOBACCO 0.4%
385 Reynolds American, Inc., (a) 6.500 07/15/10 390,499
-------------
TRANSPORTATION SERVICES 1.1%
640 Sonic Automotive, Inc. 8.625 08/15/13 648,000
356 TRW Automotive, Inc. 9.375 02/15/13 380,920
-------------
1,028,920
-------------
WIRELESS COMMUNICATIONS 0.9%
190 American Tower Corp. 7.125 10/15/12 195,700
185 American Tower Corp. 7.500 05/01/12 191,013
250 Nextel Communications Inc., Ser E 6.875 10/31/13 254,756
250 UbiquiTel Operating Co. 9.875 03/01/11 272,500
-------------
913,969
-------------
WIRELINE COMMUNICATIONS 0.3%
250 Exodus Communications, Inc. (c) (d) (e) 11.250 07/01/08 0
400 Exodus Communications, Inc. (c) (d) (e) 11.625 07/15/10 0
300 Quest Communications International, Inc. (Floating
Rate Coupon) 8.905 02/15/09 307,125
-------------
307,125
-------------
TOTAL DOMESTIC CORPORATE BONDS 42.8% 41,572,750
-------------
FOREIGN BONDS AND DEBT SECURITIES (US$) 5.7%
BERMUDA 0.5%
205 Intelsat Subsidiary Hldg Co. Ltd (Floating Rate Coupon) 10.484 01/15/12 208,844
25 Intelsat Subsidiary Hldg Co. Ltd 8.250 01/15/13 25,437
270 Intelsat Subsidiary Hldg Co. Ltd 8.625 01/15/15 277,425
-------------
511,706
-------------
CANADA 2.5%
398 CanWest Media, Inc. 8.000 09/15/12 395,098
500 CHC Helicopter Corp. 7.375 05/01/14 473,750
285 Husky Oil Ltd. 8.900 08/15/28 302,169
260 Nortel Networks Corp. 4.250 09/01/08 249,600
685 Novelis, Inc. (a) 8.250 02/15/15 654,175
335 Quebecor World Capital Corp., (a) 8.750 03/15/16 324,112
-------------
2,398,904
-------------
DENMARK 0.2%
105 Nordic Tel Co. Holdings, (a) 8.875 05/01/16 110,906
85 TDC AS 6.500 04/19/12 113,084
-------------
223,990
-------------
FRANCE 0.3%
115 Compagnie Generale de Geophysique, SA 7.500 05/15/15 114,425
125 Crown European Holdings SA (EUR) 6.250 09/01/11 167,620
-------------
282,045
-------------
GERMANY 0.3%
260 Cognis Deutschland, (Floating Rate Coupon) (EUR) (a) 7.816 11/15/13 339,584
-------------
IRELAND 0.1%
100 JSG Funding PLC (EUR) 10.125 10/01/12 139,803
-------------
LUXEMBOURG 1.3%
345 Cablecom Luxembourg, (EUR) (a) 9.375 04/15/14 488,334
110 JohnsonDiversey, Inc. (EUR) 9.625 05/15/12 144,368
140 SGL Carbon Luxembourg SA, (EUR) (a) 8.500 02/01/12 192,395
355 Wind Acquisition Finance SA, (a) 10.750 12/01/15 393,606
-------------
1,218,703
-------------
MEXICO 0.3%
228 Axtel SA 11.000 12/15/13 256,500
-------------
UNITED KINGDOM 0.2%
55 NTL Cable PLC 8.750 04/15/14 57,338
100 NTL Cable PLC 9.125 08/15/16 103,750
-------------
161,088
-------------
TOTAL FOREIGN BONDS AND DEBT SECURITIES 5.7% 5,532,323
-------------
COLLATERALIZED MORTGAGE OBLIGATIONS 10.7%
351 American Home Mortgage Assets (Floating Rate Coupon) 5.590 08/30/36 350,719
325 Bear Stearns Mortgage Funding Trust (Floating Rate Coupon) 5.524 09/25/36 325,000
249 Bear Stearns Mortgage Funding Trust (Floating Rate Coupon) 5.580 07/25/36 248,562
349 Countrywide Alternative Loan Trust (Floating Rate Coupon) 5.580 10/25/36 349,293
320 Countrywide Alternative Loan Trust (Floating Rate Coupon) 5.720 12/20/35 321,778
40,937 Countrywide Alternative Loan Trust (Interest Only) (f) * 09/25/35 to 10/25/36 1,743,230
323 Downey Savings & Loan Association Mortgage Loan Trust
(Floating Rate Coupon) 5.530 09/19/36 323,088
263 Federal Home Loan Mortgage Corp. (Floating Rate Coupon) 5.480 09/25/45 263,966
203 Federal Home Loan Mortgage Corp. (Floating Rate Coupon)
(REMIC) 5.930 03/15/34 203,519
223 Federal Home Loan Mortgage Corp. (Floating Rate Coupon)
(Interest Only) (REMIC) 1.625 06/17/27 7,993
75 Federal Home Loan Mortgage Corp. (Floating Rate Coupon)
(Interest Only) (REMIC) 2.670 03/15/32 5,141
440 Federal Home Loan Mortgage Corp. (Interest Only) (REMIC) 5.000 09/5/14 to 12/15/16 30,902
55 Federal Home Loan Mortgage Corp. (Interest Only) (REMIC) 6.000 05/15/30 1,520
554 Federal National Mortgage Association (Floating Rate Coupon)
(REMIC) 5.380 11/25/28 554,404
418 Federal National Mortgage Association (Floating Rate Coupon)
(REMIC) 5.440 03/25/36 418,453
270 Federal National Mortgage Association (Floating Rate Coupon) 5.530 05/25/35 271,156
263 Federal National Mortgage Association (Floating Rate Coupon)
(REMIC) 5.730 12/18/32 265,111
195 Federal National Mortgage Association (Floating Rate Coupon)
(REMIC) 5.771 05/28/35 195,956
44 Federal National Mortgage Association (Floating Rate Coupon)
(REMIC) 5.781 05/28/35 44,479
4,943 Federal National Mortgage Association (Interest Only) (REMIC) * 03/25/36 127,428
81 Federal National Mortgage Association (Interest Only) (REMIC) 5.500 06/25/26 1,611
253 Federal National Mortgage Association (Interest Only) (REMIC) 6.000 08/25/32 to 07/25/33 41,078
501 Federal National Mortgage Association (Interest Only) (REMIC) 6.500 05/25/33 108,240
96 Federal National Mortgage Association (Interest Only) (REMIC) 7.000 04/25/33 20,551
74 Federal National Mortgage Association (Interest Only) (STRIPS) 6.500 06/01/31 16,177
39 Federal National Mortgage Association (Interest Only) (STRIPS) 7.000 03/01/32 8,871
32 Federal National Mortgage Association (Interest Only) (STRIPS) 8.000 05/01/30 7,080
94 Government National Mortgage Association (Floating Coupon Rate)
(Interest Only) 2.070 05/16/32 5,220
191 Government National Mortgage Association (Floating Coupon Rate)
(Interest Only) (REMIC) 3.070 06/16/27 7,512
88 Government National Mortgage Association (Floating Coupon
Rate) (Interest Only) (REMIC) 2.670 05/16/32 6,035
295 GSR Mortgage Loan Trust (Floating Rate Coupon) 5.590 08/25/46 294,841
589 Harborview Mortgage Loan Trust (Floating Rate Coupon) 5.580 08/19/46 to 08/21/46 589,125
325 Harborview Mortgage Loan Trust (Floating Rate Coupon) (f) 5.670 10/25/36 325,000
451 Indymac Index Mortgage Loan Trust (Floating Rate Coupon) 5.550 04/25/46 452,152
564 Lehman XS Trust (Floating Rate Coupon) 5.600 12/25/35 566,654
375 Luminent Mortgage Trust (Floating Rate) 5.564 10/25/46 374,708
222 Residential Accredit Loans, Inc. (Floating Rate Coupon) 5.660 02/25/46 222,725
290 Residential Accredit Loans, Inc. (Floating Rate Coupon) 5.730 10/25/45 291,441
300 Structured Asset Mortgage Investments, Inc. (Floating
Rate Coupon) (f) 5.500 11/25/36 300,000
449 Structured Asset Mortgage Investments, Inc. (Floating
Rate Coupon) 5.560 08/25/36 450,092
212 Wamu Alternative Mortgage Pass-Through Certificates
(Floating Rate Coupon) 5.520 08/25/46 212,108
9,400 Washington Mutual, Inc. (Interest Only) * 09/25/10 95,730
-------------
TOTAL COLLATERALIZED MORTGAGE OBLIGATIONS 10.7% 10,448,649
-------------
MORTGAGE BACKED SECURITIES 16.1%
1,150 Federal Home Loan Mortgage Corp. 5.500 04/01/21 to 09/01/21 1,149,765
254 Federal Home Loan Mortgage Corp. 7.500 11/01/29 to 06/01/32 264,418
75 Federal Home Loan Mortgage Corp. (ARM) 3.534 07/01/34 73,554
181 Federal Home Loan Mortgage Corp. (ARM) 4.151 08/01/34 179,855
500 Federal Home Loan Mortgage Corp., October (f) 4.500 TBA 467,344
275 Federal National Mortgage Association 3.920 01/01/08 271,459
598 Federal National Mortgage Association 6.500 06/01/15 to 11/01/33 611,452
2,971 Federal National Mortgage Association 7.000 03/01/15 to 02/01/36 3,057,747
481 Federal National Mortgage Association 7.500 03/01/15 to 09/01/35 497,541
98 Federal National Mortgage Association (ARM) 3.604 07/01/34 97,772
112 Federal National Mortgage Association (ARM) 4.120 09/01/34 111,349
106 Federal National Mortgage Association (ARM) 4.126 10/01/34 106,847
352 Federal National Mortgage Association (ARM) 4.323 02/01/34 349,228
98 Federal National Mortgage Association (ARM) 4.378 10/01/34 97,969
199 Federal National Mortgage Association (ARM) 4.541 08/01/36 205,128
1,199 Federal National Mortgage Association (ARM) 4.732 01/01/35 1,193,812
142 Federal National Mortgage Association (ARM) 5.834 07/01/33 143,729
843 Federal National Mortgage Association (ARM) 6.417 01/01/36 871,338
1,267 Federal National Mortgage Association (ARM) 6.420 01/01/36 to 03/01/36 1,310,859
470 Federal National Mortgage Association (ARM) 6.479 03/01/36 485,685
424 Federal National Mortgage Association (ARM) 6.731 07/01/36 435,900
452 Federal National Mortgage Association (ARM) 6.905 05/01/36 467,829
851 Federal National Mortgage Association (ARM) 6.921 04/01/36 886,157
549 Federal National Mortgage Association (ARM) 6.939 04/01/36 568,619
300 Federal National Mortgage Association (ARM) 7.256 03/01/36 310,971
450 Federal National Mortgage Association, November (f) 7.000 TBA 461,953
110 Government National Mortgage Association 7.000 07/15/29 to 01/15/30 113,790
283 Government National Mortgage Association 7.500 07/15/23 to 09/15/29 294,684
167 Government National Mortgage Association 8.000 03/15/17 to 10/15/22 176,495
101 Government National Mortgage Association 8.500 07/15/24 to 12/15/24 109,659
186 Government National Mortgage Association 9.000 08/15/16 to 12/15/24 200,501
55 Government National Mortgage Association 9.500 11/15/09 to 01/15/17 59,725
-------------
TOTAL MORTGAGE BACKED SECURITIES 16.1% 15,633,134
-------------
U.S. GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS 3.7%
1,100 Federal Home Loan Mortgage Corp. 7.000 03/15/10 1,172,284
785 Federal National Mortgage Association 6.625 11/15/30 945,668
1,250 Federal National Mortgage Association 7.125 06/15/10 1,344,109
100 Federal National Mortgage Association 7.250 01/15/10 107,108
-------------
TOTAL U.S. GOVERNMENT AND GOVERNMENT AGENCY OBLIGATIONS 3.7% 3,569,169
-------------
UNITED STATES TREASURY OBLIGATIONS 7.9%
1,600 United States Treasury Bonds 5.250 02/15/29 1,692,376
840 United States Treasury Bonds 6.125 08/15/29 990,478
1,230 United States Treasury Bonds 6.375 08/15/27 1,476,962
1,810 United States Treasury Bonds 7.625 02/15/25 2,418,189
180 United States Treasury Notes 3.875 02/15/13 172,948
1,000 United States Treasury Notes 4.250 11/15/13 978,477
-------------
TOTAL UNITED STATES TREASURY OBLIGATIONS 7.9% 7,729,430
-------------
GOVERNMENT & GOVERNMENT AGENCY OBLIGATION 0.3%
2,535 United Mexican States (Mexico) 10.000 12/05/24 263,023
-------------
DESCRIPTION VALUE
----------------------------------------------------------------------------------------------------------------------------------
EQUITIES 0.0%
Doe Run Resources Corp. (1 Common Stock Warrant) (e) (h) 5,465
HF Holdings, Inc. (5,260 Common Stock Warrants) (e) (h) 0
Optel, Inc. (500 Common Shares) (e) (h) 0
Park N View, Inc., (1,000 Common Stock Warrants) (a) (d) (e) (h) 0
XO Holdings, Inc. (164 Common Shares) (h) 800
XO Holdings, Inc., Ser A (330 Common Stock Warrants) (h) 297
XO Holdings, Inc., Ser B (248 Common Stock Warrants) (h) 149
XO Holdings, Inc., Ser C (248 Common Stock Warrants) (h) 94
------------
TOTAL EQUITIES 0.0% 6,805
------------
TOTAL LONG-TERM INVESTMENTS 87.2%
(Cost $86,031,693) 84,755,283
------------
PURCHASED OPTIONS 0.0%
CONTRACTS EXPIRATION DATE EXERCISE PRICE VALUE
Put - EuroDollar Futures, June 2007 27 06/15/07 94.25 $ 2,025
Put - EuroDollar Futures, June 2007 79 06/15/07 94.50 12,838
Put - EuroDollar Futures, June 2007 42 06/15/07 94.75 13,650
------------
TOTAL PURCHASED OPTIONS
(Cost $41,398) $ 28,513
------------
SHORT-TERM INVESTMENTS 13.6%
REPURCHASE AGREEMENT 10.4%
State Street Bank & Trust Co. ($10,083,000 par
collateralized by U.S. Government obligations in a
pooled cash account, interest rate of 5.15%, dated
09/29/06, to be sold on 10/02/06 at $10,087,327) 10,083,000
------------
U.S. TREASURY OBLIGATIONS 0.1%
100 United States Treasury Bills ($100,000 par, yielding
5.30%, 01/11/07 maturity) (g) 98,670
------------
U.S. GOVERNMENT AGENCY OBLIGATIONS 3.1%
Federal Home Loan Discount Note ($3,000,000 par,
yielding 4.82%, 10/02/06 maturity) 2,999,604
------------
TOTAL SHORT-TERM INVESTMENTS
(Cost $13,181,162) 13,181,274
------------
TOTAL INVESTMENTS 100.8%
(Cost $99,254,253) 97,965,070
FOREIGN CURRENCY 0.0%
(Cost $377) 376
LIABILITIES IN EXCESS OF OTHER ASSETS (0.8%) (812,793)
------------
NET ASSETS 100.0% $ 97,152,653
------------
* Percentages are calculated as a percentage of net assets. Zero
coupon bond
(a) 144A-Private Placement security which is exempt from registration
under Rule 144A of the Securities Act of 1933, as amended. This
security may only be resold in transactions exempt from registration
which are normally those transactions with qualified institutional
buyers.
(b) Security is a "step-up" bond where the coupon increases or steps up
at a predetermined date.
(c) Non-income producing as security is in default.
(d) This borrower has filed for protection in federal bankruptcy court.
(e) Market value is determined in accordance with procedures established
in good faith by the Board of Trustees.
(f) Securities purchased on a when-issued or delayed delivery basis.
(g) All or a portion of this security has been physically segregated in
connection with open futures contracts.
(h) Non-income producing security.
ARM - Adjustable Rate Mortgage
EUR - Eurodollar
(REMIC) - Real Estate Mortgage Investment Conduits
STRIPS - Separate Trading of Registered Interest and Principal of-Securities
TBA - To be announced, maturity date has not yet been established. Upon
settlement and delivery of the mortgage pools, maturity date will be
assigned.
The obligation of certain United States sponsored entities are neither issued or
guaranteed by the United States Treasury.
FUTURES CONTRACTS OUTSTANDING AS OF SEPTEMBER 30, 2006:
UNREALIZED
APPRECIATION/
CONTRACTS DEPRECIATION
LONG CONTRACTS:
U.S. Treasury Notes 10-Year Futures December 2006 134 $ 172,422
(Current Notional Value of $108,063 per contract)
SHORT CONTRACTS:
U.S. Treasury Notes 2-Year Futures December 2006 38 (22,907)
(Current Notional Value of $204,500 per contract)
U.S. Treasury Notes 5-Year Futures December 2006
(Current Notional Value of $105,516 per contract) 43 (26,032)
U.S. Treasury Bond Futures December 2006
(Current Notional Value of $112,406 per contract) 11 (13,538)
---------- ----------
226 $ 109,945
---------- ----------
FORWARD FOREIGN CURRENCY CONTRACTS OUTSTANDING AS OF SEPTEMBER 30, 2006:
UNREALIZED
APPRECIATION/
IN EXCHANGE FOR CURRENT VALUE DEPRECIATION
SHORT CONTRACTS:
Euro Currency
874,000 expiring 10/27/06 US $ $ 1,110,077 $ 6,196
233,000 expiring 10/27/06 US $ 295,936 1,561
212,000 expiring 10/27/06 US $ 269,264 1,397
----------- ----------
$ 1,675,277 $ 9,153
----------- ----------
Item 2. Controls and Procedures.
(a) The Trust's principal executive officer and principal financial officer have
concluded that the Trust's disclosure controls and procedures are sufficient to
ensure that information required to be disclosed by the Trust in this Form N-Q
was recorded, processed, summarized and reported within the time periods
specified in the Securities and Exchange Commission's rules and forms, based
upon such officers' evaluation of these controls and procedures as of a date
within 90 days of the filing date of the report.
(b) There were no changes in the Trust's internal control over financial
reporting that occurred during the registrant's fiscal quarter that has
materially affected, or is reasonably likely to materially affect, the Trust's
internal control over financial reporting.
Item 3. Exhibits.
(a) A certification for the Principal Executive Officer of the registrant is
attached hereto as part of EX-99.cert.
(b) A certification for the Principal Financial Officer of the registrant is
attached hereto as part of EX-99.cert.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, the registrant has duly caused this report to be
signed on its behalf by the undersigned, thereunto duly authorized.
(Registrant) Van Kampen Income Trust
By: /s/ Ronald E. Robison
---------------------
Name: Ronald E. Robison
Title: Principal Executive Officer
Date: November 21, 2006
Pursuant to the requirements of the Securities Exchange Act of 1934 and the
Investment Company Act of 1940, this report has been signed by the following
persons on behalf of the registrant and in the capacities and on the dates
indicated.
By: /s/ Ronald E. Robison
---------------------
Name: Ronald E. Robison
Title: Principal Executive Officer
Date: November 21, 2006
By: /s/ James W. Garrett
---------------------
Name: James W. Garrett
Title: Principal Financial Officer
Date: November 21, 2006