UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 20549

FORM N-Q

QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED

MANAGEMENT INVESTMENT COMPANY

_______________________________

Investment Company Act file number 811-4049

DWS Income Trust

(Exact name of registrant as specified in charter)

Two International Place

Boston, MA 02110

(Address of principal executive offices) (Zip code)

Paul Schubert

345 Park Avenue

New York, NY 10154

(Name and address of agent for service)

Registrant's telephone number, including area code: (212) 454-7190

Date of fiscal year end: 09/30/06

Date of reporting period: 06/30/06

Form N-Q is to be used by registered management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-4). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

ITEM 1. SCHEDULE OF INVESTMENTS

Investment Portfolio

as of June 30, 2006 (Unaudited)

DWS GNMA Fund

		Principal Amount ($)			Value ($)

	Collateralized Mortgage Obligations 18.5%
Government National Mortgage Association:
	“HO”, Series 2004-66, Principal Only, Zero Coupon, 9/20/2031		5,130,363		4,228,810
	“CO”, Series 2002-76, Principal Only, Zero Coupon, 3/22/2032		2,568,239		1,387,542
	“PO”, Series 2004-85, Principal Only, Zero Coupon, 1/17/2033		10,098,524		7,982,819
	“JO”, Series 2004-34, Principal Only, Zero Coupon, 2/20/2034		4,151,216		2,977,760
	“Y0”, Series 2004-34, Principal Only, Zero Coupon, 2/20/2034		6,729,287		4,447,539
	“PO”, Series 2005-82, Principal Only, Zero Coupon, 10/20/2035		3,557,672		2,681,207
	“PO”, Series 2005-84, Principal Only, Zero Coupon, 11/20/2035		2,924,329		2,035,607
	“AO”, Series 2006-7, Principal Only, Zero Coupon, 2/20/2036		8,227,621		6,069,557
	“SU”, Series 2004-30, Interest Only, 1.933% ***, 2/20/2032		41,563,384		1,486,369
	“GI”, Series 2003-62, Interest Only, 5.0%, 4/20/2025		2,670,288		84,633
	“LI”, Series 2003-66, Interest Only, 5.0%, 3/20/2026		7,597,500		411,788
	“IM”, Series 2004-4, Interest Only, 5.0%, 7/16/2026		15,042,225		917,947
	“KI”, Series 2004-19, Interest Only, 5.0%, 10/16/2027		18,783,672		1,494,232
	“AC”, Series 2005-38, 5.0%, 1/20/2031		16,088,095		15,707,706
	“GB”, Series 2002-88, 5.0%, 6/20/2031		22,700,231		22,185,015
	“A”, Series 2005-80, 5.0%, 10/20/2031		21,225,838		20,659,620
	“GZ”, Series 2005-44, 5.0%, 7/20/2035		3,140,347		2,530,468
	“DA”, Series 2005-45, 5.388% *, 6/16/2035		25,177,857		25,092,174
	“FP”, Series 2005-61, 5.428% *, 8/16/2035		40,391,700		40,190,400
	“F”, Series 2005-84, 5.458% *, 11/16/2035		68,208,651		67,630,043
	“FA”, Series 2005-18, 5.467% *, 10/20/2032		22,000,000		21,950,082
	“AF”, Series 2005-48, 5.467% *, 6/20/2035		26,891,924		26,817,434
	“GF”, Series 2005-58, 5.467% *, 8/20/2035		36,354,662		36,308,513
	“IB”, Series 2004-64, Interest Only, 5.5%, 4/20/2028		6,136,618		522,130
	“IG”, Series 2004-75, Interest Only, 5.5%, 1/20/2031		3,527,000		961,900
	“TZ”, Series 2003-85, 5.5%, 10/20/2033		5,787,779		5,131,914
	“BI”, Series 2004-2, Interest Only, 5.5%, 1/16/2034		4,977,406		539,827
	“Z”, Series 2005-96, 5.5%, 12/16/2035		6,674,731		5,720,397
	“PD”, Series 2005-91, 5.5%, 12/20/2035		5,000,000		4,665,211
	“PF”, Series 2005-53, 5.517% *, 1/20/2035		11,471,530		11,426,953
	“FM”, Series 2004-80, 5.567% *, 7/20/2034		30,000,000		30,176,163
	“AF”, Series 2004-58, 5.608% *, 12/16/2032		54,548,220		54,822,571
	“ZB”, Series 2005-65, 6.0%, 9/20/2032		22,153,688		21,958,169
	“PB”, Series 2005-92, 6.0%, 12/20/2035		8,000,000		7,816,616
	“FP”, Series 2003-67, 6.167% *, 8/20/2033		14,971,875		15,936,986
	“K”, Series 2001-35, 6.45%, 10/26/2023		9,987,849		10,118,295
	“VB”, Series 2002-49, 6.5%, 8/20/2017		8,406,000		8,470,892
	“ST”, Series 2004-71, 7.0%, 9/20/2034		8,000,000		7,848,703

Total Collateralized Mortgage Obligations (Cost $508,203,405)				501,393,992
	Government National Mortgage Association 100.4%
Government National Mortgage Association:
	4.5%, with various maturities from 11/15/2017 until 8/15/2018		16,577,418		15,803,072
	5.0%, with various maturities from 5/20/2019 until 6/20/2036 (b)		445,513,346		421,276,905
	5.5%, with various maturities from 7/20/2013 until 6/20/2036 (b)		1,137,947,425		1,100,946,979
	6.0%, with various maturities from 8/15/2008 until 6/15/2036		755,959,019		751,125,169
	6.5%, with various maturities from 2/15/2008 until 6/20/2036		270,897,338		273,985,961
	7.0%, with various maturities from 4/15/2008 until 6/15/2033		83,163,927		85,637,096
	7.5%, with various maturities from 12/15/2006 until 10/15/2032		52,317,919		54,700,450

8.0%, with various maturities from 4/15/2008 until 9/15/2032

12,808,785

13,601,088

8.5%, with various maturities from 11/15/2006 until 1/15/2031

1,193,542

1,282,628

9.0%, with various maturities from 2/15/2020 until 8/15/2030

2,059,462

2,227,147

10.5%, with various maturities from 10/20/2016 until 1/20/2021

591,460

648,371

11.5%, with various maturities from 4/15/2013 until 2/15/2016

173,410

190,799

12.0%, with various maturities from 12/15/2012 until 7/15/2015

523,928

575,894

12.5%, with various maturities from 5/15/2010 until 8/15/2015

319,418

349,593

13.0%, with various maturities from 11/20/2014 until 5/15/2015

21,663

23,868

13.5%, with various maturities from 11/15/2012 until 10/15/2014

80,974

90,006

14.0%, with various maturities from 7/15/2011 until 12/15/2014

55,679

62,206

14.5%, 10/15/2014

39,834

44,871

15.0%, 10/15/2012

29,871

33,769

16.0%, 2/15/2012

22,783

26,029

Total Government National Mortgage Association (Cost $2,800,520,337)

2,722,631,901

US Treasury Obligations 2.8%

US Treasury Bill, 4.58% **, 7/20/2006 (a)

1,310,000

1,306,834

US Treasury Notes:

3.875%, 9/15/2010 (b)

37,000,000

35,306,103

4.0%, 2/15/2015 (b)

23,100,000

21,286,280

4.5%, 11/15/2010 (b)

19,000,000

18,559,143

Total US Treasury Obligations (Cost $80,495,759)

76,458,360

Shares

Value ($)

Securities Lending Collateral 5.4%

Daily Assets Fund Institutional, 5.1% (c) (d)
(Cost $146,180,850)

146,180,850

146,180,850

Cash Equivalents 5.9%

Cash Management QP Trust, 5.07% (e)
(Cost $159,252,888)

159,252,888

159,252,888

% of
Net Assets

Value ($)

Total Investment Portfolio (Cost $ 3,694,653,239)

133.0

3,605,917,991

Other Assets and Liabilities, Net

(33.0)

(894,621,298)

Net Assets

100.0

2,711,296,693

For information on the Fund’s policies regarding the valuation of investments and other significant accounting policies, please refer to the Fund’s most recent semi-annual or annual financial statements.

Floating rate notes are securities whose yields vary with a designated market index or market rate, such as the coupon-equivalent of the US Treasury bill rate. These securities are shown at their current rate as of June 30, 2006.

Annualized yield at time of purchase; not a coupon rate.

***

These securities are shown at their current rate as of June 30, 2006.

(a)

At June 30, 2006, this security has been pledged, in whole or in part, to cover initial margin requirements for open futures contracts.

(b)

All or a portion of these securities were on loan. The value of all securities loaned at June 30, 2006 amounted to $143,787,013 which is 5.3% of net assets.

(c)

Daily Assets Fund Institutional, an affiliated fund, is managed by Deutsche Asset Management, Inc. The rate shown is the annualized seven-day yield at period end.

(d)

Represents collateral held in connection with securities lending.

(e)

Cash Management QP Trust, an affiliated fund, is managed by Deutsche Investment Management Americas Inc. The rate shown is the annualized seven-day yield at period end.

Interest Only: Interest Only (IO) bonds represent the “interest only” portion of payments on a pool of underlying mortgages or mortgage-backed securities. IO securities are subject to prepayment risk of the pool of underlying mortgages.

Principal Only: Principal Only (PO) bonds represent the “principal only” portion of payments on a pool of underlying mortgages or mortgage-backed securities.

Included in the portfolio are investments in mortgage or asset-backed securities which are interests in separate pools of mortgages or assets. Effective maturities of these investments may be shorter than stated maturities due to prepayments. Some separate investments in the Government National Mortgage Association issues which have similar coupon rates have been aggregated for presentation purposes in this investment portfolio.

At June 30, 2006, open futures contracts purchased were as follows:

Futures

Expiration

Date

Contracts

Aggregated

Face

Value ($)

Unrealized

Appreciation ($)

10 Year US Treasury Note

9/20/2006

6,988,172

7,025,578

37,406

At June 30, 2006, open futures contracts sold were as follows:

Futures

Expiration

Date

Contracts

Aggregated

Face

Value ($)

Unrealized

Appreciation ($)

10-Year Interest Rate Swap

9/18/2006

198

20,252,632

20,192,906

59,726

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:

DWS GNMA Fund, a series of DWS Income Trust

By:	/s/Michael G. Clark

Michael G. Clark

President

Date:

August 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 below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Registrant:

DWS GNMA Fund, a series of DWS Income Trust

By:	/s/Michael G. Clark

Michael G. Clark

President

Date:

August 21, 2006

By:	/s/Paul Schubert

Paul Schubert

Chief Financial Officer and Treasurer

Date: August 21, 2006