March 31, 2026 
2026 Quarterly Report
(Unaudited)
 
BlackRock Income Trust, Inc. (BKT)
 
Not FDIC Insured • May Lose Value • No Bank Guarantee
Schedule of Investments (unaudited)
March 31, 2026
BlackRock Income Trust, Inc. (BKT)
(Percentages shown are based on Net Assets)
 
Security
 
Par
(000)
Value
Asset-Backed Securities
Sterling COOFS Trust(a)(b)
 
Series 2004-1, Class A, 2.36%, 04/15/29
$
436
$ —
Series 2004-2, Class Note, 2.08%, 03/30/30
 
83
—
Total Asset-Backed Securities — 0.0%
(Cost: $35,962)
—
Non-Agency Mortgage-Backed Securities
Collateralized Mortgage Obligations(b) — 0.6%
Bravo Residential Funding Trust, Series 2021-NQM1,
Class A1, 0.94%, 02/25/49(c)
 
24
23,108
Chase Home Lending Mortgage Trust, Series 2019-
ATR1, Class A12, 6.50%, 04/25/49(c)
 
27
26,842
COLT Mortgage Loan Trust, Series 2022-2, Class A1,
3.99%, 02/25/67
 
93
88,618
CSMC, Series 2022-ATH1, Class A1A, 3.87%,
01/25/67(c)
 
76
73,686
Ellington Financial Mortgage Trust, Series 2022-1,
Class A1, 2.21%, 01/25/67(c)
 
181
161,560
Flagstar Mortgage Trust, Series 2021-4, Class A1,
2.50%, 06/01/51(c)
 
149
124,544
GS Mortgage-Backed Securities Corp. Trust, Series 2022-
PJ2, Class A4, 2.50%, 06/25/52(c)
 
74
61,366
GS Mortgage-Backed Securities Trust, Series 2021-PJ2,
Class A2, 2.50%, 11/25/51(c)
 
72
59,407
Homes Trust, Series 2024-NQM2, Class A1, 5.72%,
10/25/69
 
70
70,762
JP Morgan Mortgage Trust(c)
 
Series 2022-DSC1, Class A1, 4.75%, 01/25/63
 
83
81,596
Series 2022-INV3, Class A3B, 3.00%, 09/25/52
 
73
63,520
Mello Mortgage Capital Acceptance, Series 2022-INV2,
Class A3, 3.00%, 04/25/52(c)
 
78
67,854
MFA Trust, Series 2020-NQM1, Class A1, 2.48%,
03/25/65(c)
 
22
21,408
OBX Trust, Series 2022-INC3, Class A1, 3.00%,
02/25/52(c)
 
75
64,937
PMT Loan Trust, Series 2024-INV1, Class A3, 5.50%,
10/25/59(c)
 
121
120,236
Provident Funding Mortgage Trust, Series 2024-1,
Class A1, 5.50%, 12/25/54(c)
 
113
112,252
RCKT Mortgage Trust, Series 2022-2, Class A1, 3.00%,
02/25/52(c)
 
74
64,597
Sequoia Mortgage Trust, Series 2024-INV1, Class A3,
5.50%, 10/25/54(c)
 
124
123,505
STAR Trust, Series 2021-1, Class M1, 2.36%,
05/25/65(c)
 
200
179,483
TRK Trust, Series 2021-INV2, Class A1, 1.97%,
11/25/56(c)
 
91
82,375
Verus Securitization Trust
 
Series 2022-1, Class A1, 3.72%, 01/25/67
 
65
61,496
Series 2022-3, Class A1, 5.13%, 02/25/67
 
256
244,989
Series 2024-6, Class A1, 5.80%, 07/25/69
 
91
91,301
 
 
2,069,442
Commercial Mortgage-Backed Securities — 9.1%
1301 Trust, Series 2025-1301, Class A, 5.06%,
08/11/42(b)(c)
 
210
210,498
1345 Trust, Series 2025-AOA, Class A, (1 mo. Term
SOFR + 1.60%), 5.27%, 06/15/42(b)(c)
 
450
448,594
Security
 
Par
(000)
Value
Commercial Mortgage-Backed Securities (continued)
ARES Commercial Mortgage Trust(b)(c)
 
Series 2026-AZURE, Class A, (1 mo. Term SOFR +
1.35%), 5.00%, 03/15/38
$
680
$ 680,000
Series 2026-AZURE, Class B, (1 mo. Term SOFR +
1.60%), 5.25%, 03/15/38
 
140
140,000
ARES Trust, Series 2025-IND3, Class A, (1 mo. Term
SOFR + 1.50%), 5.17%, 04/15/42(b)(c)
 
212
212,000
BAMLL Trust, Series 2024-BHP, Class A, (1 mo. Term
SOFR + 2.35%), 6.02%, 08/15/39(b)(c)
 
135
135,019
BAY Mortgage Trust, Series 2025-LIVN, Class A, (1 mo.
Term SOFR + 1.80%), 5.47%, 05/15/35(b)(c)
 
481
478,446
BBCMS Mortgage Trust, Series 2018-TALL, Class A,
(1 mo. Term SOFR + 0.92%), 4.59%, 03/15/37(b)(c)
 
290
274,786
Benchmark Mortgage Trust, Series 2025-V18, Class B,
5.94%, 10/15/58
 
200
202,766
BFLD Commercial Mortgage Trust(b)(c)
 
Series 2025-5MW, Class A, 4.67%, 10/10/42
 
510
505,975
Series 2025-660F, Class A, (1 mo. Term SOFR +
1.50%), 5.17%, 11/15/42
 
335
334,582
Series 2025-660F, Class B, (1 mo. Term SOFR +
1.80%), 5.47%, 11/15/42
 
130
129,675
BFLD Trust(b)(c)
 
Series 2025-EWEST, Class A, (1 mo. Term SOFR +
1.55%), 5.22%, 06/15/42
 
345
343,899
Series 2025-FPM, Class A, 4.68%, 10/10/40
 
263
263,913
BLP Commercial Mortgage Trust, Series 2023-IND,
Class A, (1 mo. Term SOFR + 1.69%), 5.36%,
03/15/40(b)(c)
 
472
472,163
BMO Mortgage Trust, Series 2024-C8, Class A5, 5.60%,
03/15/57(c)
 
145
150,133
BPR Commercial Mortgage Trust, Series 2025-STAR,
Class B, 5.02%, 11/05/42(b)(c)
 
160
158,968
BPR Trust, Series 2025-ALDR, Class A, 5.67%,
06/05/42(b)
 
190
194,576
BRCK Trust, Series 2025-830B, Class A, 4.48%,
12/10/42(b)(c)
 
805
797,012
BSTN Commercial Mortgage Trust(b)(c)
 
Series 2025-1C, Class A, 5.01%, 06/15/44
 
155
157,632
Series 2025-HUB, Class A, 4.57%, 04/13/41
 
145
144,814
BX Commercial Mortgage Trust(b)(c)
 
Series 2024-GPA3, Class A, (1 mo. Term SOFR +
1.29%), 4.97%, 12/15/39
 
180
180,349
Series 2024-XL4, Class A, (1 mo. Term SOFR +
1.44%), 5.11%, 02/15/39
 
270
270,431
Series 2025-BCAT, Class A, (1 mo. Term SOFR +
1.38%), 5.05%, 08/15/42
 
570
570,179
Series 2025-JDI, Class A, (1 mo. Term SOFR +
1.40%), 5.07%, 11/15/42
 
525
524,793
Series 2026-VLT9, Class A, (1 mo. Term SOFR +
1.70%), 5.37%, 03/15/45
 
553
550,323
BX Trust(b)(c)
 
Series 2024-BIO, Class A, (1 mo. Term SOFR +
1.64%), 5.31%, 02/15/41
 
145
144,636
Series 2024-VLT4, Class A, (1 mo. Term SOFR +
1.49%), 5.16%, 06/15/41
 
105
104,344
Series 2025-ARIA, Class A, 5.03%, 12/13/42
 
910
914,791
Series 2025-LIFE, Class A, 5.88%, 06/13/47
 
330
330,948
Series 2025-LUNR, Class A, (1 mo. Term SOFR +
1.50%), 5.17%, 06/15/40
 
447
447,918
Series 2025-OMG, Class A, (1 mo. Term SOFR +
1.35%), 5.02%, 10/15/42
 
209
208,478
2
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Income Trust, Inc. (BKT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Commercial Mortgage-Backed Securities (continued)
BX Trust(b)(c) (continued)
 
Series 2025-TAIL, Class A, (1 mo. Term SOFR +
1.40%), 5.07%, 06/15/35
$
362
$ 362,000
Series 2025-VLT6, Class A, (1 mo. Term SOFR +
1.44%), 5.12%, 03/15/42
 
615
610,772
Series 2025-VOLT, Class A, (1 mo. Term SOFR +
1.70%), 5.37%, 12/15/44
 
760
757,625
CEDR Commercial Mortgage Trust 2022-SNAI,
Series 2022-SNAI, Class A, (1 mo. Term SOFR +
0.99%), 4.66%, 02/15/39(b)(c)
 
575
568,217
CENT, Series 2025-CITY, Class A, 4.92%, 07/10/40(b)(c)
 
335
337,402
CHI Commercial Mortgage Trust, Series 2025-110W,
Class A, 5.10%, 12/13/40(b)(c)
 
935
928,686
CIP Commercial Mortgage Trust, Series 2025-SBAY,
Class A, (1 mo. Term SOFR + 1.40%), 5.07%,
10/15/37(b)(c)
 
283
282,823
Citigroup Commercial Mortgage Trust, Series 2023-
SMRT, Class A, 5.82%, 10/12/40(b)(c)
 
340
346,562
Commercial Mortgage Trust, Series 2024-WCL1,
Class A, (1 mo. Term SOFR + 1.84%), 5.51%,
06/15/41(b)(c)
 
410
408,590
CRB Commercial Mortgage Trust, Series 2025-CRE1,
Class A, 3.87%, 09/15/58(b)(c)
 
1,944
1,926,582
CSAIL Commercial Mortgage Trust, Series 2018-C14,
Class XA, 0.51%, 11/15/51(c)
 
1,873
19,557
CSRO Trust, Series 2023, Class A, 7.12%, 07/12/40(b)
 
177
182,123
CSTL Commercial Mortgage Trust(b)(c)
 
Series 2024-GATE, Class A, 4.76%, 11/10/41
 
425
423,872
Series 2025-GATE2, Class A, 4.56%, 11/10/42
 
290
285,105
Series 2026-GATE3, Class A, 4.69%, 02/10/43
 
482
476,828
DBC Mortgage Trust, Series 2025-DBC, Class A, (1 mo.
Term SOFR + 1.35%), 5.02%, 11/15/42(b)(c)
 
565
564,647
DK Trust, Series 2025-LXP, Class A, (1 mo. Term SOFR
+ 1.59%), 5.27%, 08/15/37(b)(c)
 
73
73,000
Durst Commercial Mortgage Trust, Series 2025-151,
Class A, 4.80%, 08/10/42(b)(c)
 
215
216,984
Extended Stay America Trust(b)(c)
 
Series 2025-ESH, Class A, (1 mo. Term SOFR +
1.30%), 4.97%, 10/15/42
 
190
190,000
Series 2026-ESH2, Class A, (1 mo. Term SOFR +
1.20%), 4.87%, 02/15/43
 
342
341,784
GS Mortgage Securities Corp. Trust, Series 2023-FUN,
Class A, (1 mo. Term SOFR + 2.09%), 5.76%,
03/15/28(b)(c)
 
280
280,788
GSAT Trust, Series 2025-BMF, Class A, (1 mo. Term
SOFR + 1.50%), 5.17%, 07/15/40(b)(c)
 
645
644,370
Hudson Yards Mortgage Trust, Series 2025-SPRL,
Class A, 5.47%, 01/13/40(b)(c)
 
460
470,703
ILPT Commercial Mortgage Trust, Series 2025-LPF2,
Class A, 5.29%, 07/13/42(b)(c)
 
553
560,277
INT Commercial Mortgage Trust, Series 2025-PLAZA,
Class A, 4.55%, 11/05/37(b)(c)
 
100
99,665
INTOWN Mortgage Trust, Series 2025-STAY, Class A,
(1 mo. Term SOFR + 1.35%), 5.02%, 03/15/42(b)(c)
 
510
508,725
JP Morgan Chase Commercial Mortgage Securities
Trust, Series 2025-BHR5, Class A, (1 mo. Term SOFR
+ 1.69%), 5.37%, 03/15/40(b)(c)
 
90
90,006
Security
 
Par
(000)
Value
Commercial Mortgage-Backed Securities (continued)
KSL Commercial Mortgage Trust, Series 2024-HT2,
Class A, (1 mo. Term SOFR + 1.54%), 5.21%,
12/15/39(b)(c)
$
143
$ 142,326
LEX Trust, Series 2026-450, Class B, (1 mo. Term SOFR
+ 1.70%), 5.37%, 03/15/43(b)(c)
 
405
402,212
LQR Trust, Series 2025-CALI, Class A, (1 mo. Term
SOFR + 1.60%), 5.27%, 01/15/43(c)
 
669
664,420
MAD Commercial Mortgage Trust, Series 2025-11MD,
Class A, 4.44%, 10/15/42(b)(c)
 
220
218,998
MIRA Trust, Series 2023, Class A, 6.75%, 06/10/38(b)
 
569
584,081
MLTI Trust, Series 2026-SF75, Class B, (1 mo. Term
SOFR + 1.70%), 5.37%, 03/15/31(b)(c)
 
279
277,605
MTN Commercial Mortgage Trust, Series 2022-LPFL,
Class A, (1 mo. Term SOFR + 1.40%), 5.08%,
03/15/39(b)(c)
 
235
234,853
NCMF Trust, Series 2025-MFS, Class A, 4.88%,
06/10/33(b)(c)
 
493
491,202
NJ WBRK, Series 2025-WBRK, Class A, 5.87%,
03/05/35(b)(c)
 
320
328,765
NRTH Commercial Mortgage Trust, Series 2025-PARK,
Class A, (1 mo. Term SOFR + 1.39%), 5.07%,
10/15/40(b)(c)
 
580
579,457
NYC Commercial Mortgage Trust(b)(c)
 
Series 2025-28L, Class A, 4.67%, 11/05/38
 
156
155,341
Series 2025-3BP, Class A, (1 mo. Term SOFR +
1.21%), 4.89%, 02/15/42
 
510
506,812
NYC Commercial Mortgage Trust 2026-1PARK,
Series 2026-1PARK, Class A, (1 mo. Term SOFR +
1.25%), 4.93%, 02/15/43(b)(c)
 
275
273,883
NYCT Trust, Series 2025-77C, Class A, 4.79%,
01/10/36(b)(c)
 
1,455
1,443,352
PENN Commercial Mortgage Trust, Series 2025-P11,
Class A, 5.34%, 08/10/42(b)
 
89
90,431
PLYM Commercial Mortgage Trust, Series 2026-IND,
Class A, (1 mo. Term SOFR + 1.25%), 4.92%,
03/15/43(b)(c)
 
935
930,325
PRM Trust, Series 2025-PRM6, Class A, 4.48%,
07/05/33(b)(c)
 
394
390,918
SDAL Trust, Series 2025-DAL, Class A, (1 mo. Term
SOFR + 2.44%), 6.11%, 04/15/42(b)(c)
 
476
477,056
SDR Commercial Mortgage Trust, Series 2024-DSNY,
Class A, (1 mo. Term SOFR + 1.39%), 5.06%,
05/15/39(b)(c)
 
111
110,653
SHRN Trust, Series 2025-MF18, Class A, (1 mo. Term
SOFR + 1.20%), 4.87%, 10/15/40(b)(c)
 
500
498,750
SLG Commercial Mortgage Trust(b)(c)
 
Series 2026-PAT, Class A, 4.45%, 02/15/39
 
202
200,341
Series 2026-PAT, Class B, 4.71%, 02/15/39
 
175
173,501
UNIV Trust, Series 2025-APTS, Class A, (1 mo. Term
SOFR + 1.65%), 5.32%, 11/15/42(b)(c)
 
640
637,752
Wells Fargo Commercial Mortgage Trust(c)
 
Series 2018-AUS, Class A, 4.06%, 08/17/36(b)
 
583
569,309
Series 2018-C44, Class XA, 0.70%, 05/15/51
 
4,300
51,197
WHARF Commercial Mortgage Trust, Series 2025-DC,
Class A, 4.99%, 07/15/40(b)(c)
 
231
236,148
 
 
33,310,022
Schedule of Investments
3
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Income Trust, Inc. (BKT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Interest Only Collateralized Mortgage Obligations — 0.0%
CitiMortgage Alternative Loan Trust, Series 2007-A5,
Class 1A7, 6.00%, 05/25/37
$
97
$ 21,142
IndyMac INDX Mortgage Loan Trust, Series 2006-AR33,
Class 4AX, 0.17%, 01/25/37(a)
 
16,119
2
 
 
21,144
Principal Only Collateralized Mortgage Obligations(d) — 0.0%
Residential Asset Securitization Trust, Series 2005-A15,
Class 1A8, 2.58%, 02/25/36
 
73
51,984
Washington Mutual Mortgage Pass-Through Certificates
Trust, Series 2005-9, Class CP, 5.00%, 11/25/35
 
43
25,046
 
 
77,030
Total Non-Agency Mortgage-Backed Securities — 9.7%
(Cost: $35,583,454)
35,477,638
U.S. Government Sponsored Agency Securities
Agency Obligations — 3.3%
Federal Farm Credit Banks Funding Corp.
 
2.75%, 02/22/30
 
400
383,019
1.84%, 01/25/36
 
500
385,278
Federal Home Loan Banks, 1.61%, 01/27/33
 
300
251,470
Resolution Funding Corp. Principal Strip, 0.00%,
04/15/30(e)
 
13,000
11,034,100
 
 
12,053,867
Collateralized Mortgage Obligations — 50.4%
Fannie Mae REMICS
 
Series 2004-31, Class ZG, 7.50%, 05/25/34
 
1,141
1,221,642
Series 2005-73, Class DS, (30-day Avg SOFR +
17.25%), 7.73%, 08/25/35(c)
 
15
15,857
Series 2010-134, Class DB, 4.50%, 12/25/40
 
4,168
4,131,458
Series 2010-136, Class CY, 4.00%, 12/25/40
 
2,089
2,040,843
Series 2010-47, Class JB, 5.00%, 05/25/30
 
769
775,354
Series 2011-117, Class CP, 4.00%, 11/25/41
 
14,350
13,853,347
Series 2011-8, Class ZA, 4.00%, 02/25/41
 
2,823
2,740,894
Series 2011-99, Class CB, 4.50%, 10/25/41(f)
 
20,462
20,251,289
Series 2012-104, Class QD, 4.00%, 09/25/42
 
1,639
1,512,822
Series 2017-90, Class WB, 3.00%, 11/25/47
 
433
352,697
Series 2018-32, Class PS, (30-day Avg SOFR +
7.10%), 2.83%, 05/25/48(c)
 
3,260
2,765,979
Series 2018-50, Class EB, 4.00%, 07/25/48
 
1,804
1,755,851
Series 2020-57, Class LI, 2.00%, 08/25/50
 
5,500
4,171,949
Series 2020-79, Class JA, 1.50%, 11/25/50
 
161
148,289
Series 2022-10, Class PZ, 3.50%, 02/25/52
 
1,519
1,208,440
Series 2022-25, Class KL, 4.00%, 05/25/52
 
1,000
918,903
Series 2022-31, Class BZ, 4.00%, 10/25/51
 
769
661,052
Series 2025-2, Class FG, (30-day Avg SOFR +
1.45%), 5.11%, 02/25/55(c)
 
180
181,178
Series 2025-35, Class FJ, (30-day Avg SOFR +
1.60%), 5.26%, 05/25/55(c)
 
234
236,650
Series 2025-74, Class AT, 5.00%, 09/25/55
 
10,736
10,653,808
Series 5178, Class CY, 2.00%, 01/25/42
 
4,663
3,293,311
Series 5231, Class ZA, 4.00%, 06/25/52
 
5,238
4,354,633
Series 5471, Class FM, (30-day Avg SOFR + 1.40%),
5.06%, 11/25/54(c)
 
669
672,808
Series 5499, Class FW, (30-day Avg SOFR + 1.40%),
5.06%, 02/25/55(c)
 
4,806
4,843,119
Freddie Mac REMICS
 
Series 2218, Class Z, 8.50%, 03/15/30
 
75
78,595
Series 2731, Class ZA, 4.50%, 01/15/34
 
886
883,208
Series 2927, Class BZ, 5.50%, 02/15/35
 
659
674,113
Series 3762, Class LN, 4.00%, 11/15/40
 
1,950
1,865,543
Security
 
Par
(000)
Value
Collateralized Mortgage Obligations (continued)
Freddie Mac REMICS (continued)
 
Series 3856, Class PB, 5.00%, 05/15/41
$
4,850
$ 4,910,242
Series 3963, Class JB, 4.50%, 11/15/41
 
368
363,787
Series 4016, Class BX, 4.00%, 09/15/41
 
12,201
11,920,490
Series 4269, Class PM, 4.00%, 08/15/41
 
8,884
8,434,481
Series 4299, Class JY, 4.00%, 01/15/44
 
1,000
947,734
Series 4398, Class ZX, 4.00%, 09/15/54
 
394
363,165
Series 4615, Class LB, 4.50%, 09/15/41
 
5,813
5,731,518
Series 4748, Class BM, 3.50%, 11/15/47
 
3,351
2,917,921
Series 4774, Class L, 4.50%, 03/15/48
 
3,945
3,881,152
Series 4830, Class AV, 4.00%, 10/15/33
 
1,069
1,025,792
Series 4921, Class NL, 3.00%, 10/25/49
 
504
334,708
Series 5230, Class DL, 3.50%, 09/25/44
 
400
345,166
Series 5249, Class LB, 4.00%, 08/25/52
 
6,295
5,979,613
Series 5468, Class FM, (30-day Avg SOFR + 1.20%),
4.86%, 11/25/54(c)
 
580
582,241
Series 5468, Class MF, (30-day Avg SOFR + 1.30%),
4.96%, 11/25/54(c)
 
449
451,341
Freddie Mac Seasoned Credit Risk Transfer Trust
 
Series 2018-2, Class MA, 3.50%, 11/25/57
 
348
340,224
Series 2019-1, Class MA, 3.50%, 07/25/58
 
672
652,813
Series 2019-2, Class MA, 3.50%, 08/26/58
 
276
266,723
Freddie Mac Structured Pass-Through Certificates,
Series T-11, Class A9, 0.13%, 01/25/28(c)
 
8
7,961
Ginnie Mae
 
Series 2011-88, Class PY, 4.00%, 06/20/41
 
5,889
5,753,895
Series 2012-16, Class HJ, 4.00%, 09/20/40
 
3,941
3,827,557
Series 2015-96, Class ZM, 4.00%, 07/20/45
 
9,611
9,089,560
Series 2018-91, Class ZL, 4.00%, 07/20/48
 
6,981
6,068,540
Series 2022-176, Class JZ, 4.50%, 10/20/52
 
4,773
4,298,470
Series 2022-63, Class ZM, 3.50%, 10/20/50
 
4,775
3,876,971
Series 2023-131, Class PZ, 5.50%, 09/20/53
 
10,112
10,240,241
Series 2025-214, Class DI, 5.50%, 12/20/55
 
3,550
773,891
Series 2026-34, Class MI, 5.50%, 02/20/56
 
16,905
3,710,340
 
 
183,360,169
Commercial Mortgage-Backed Securities(c) — 0.3%
Freddie Mac Multifamily Structured Pass Through
Certificates
 
Series K094, Class X1, 0.87%, 06/25/29
 
1,361
33,485
Series K104, Class X1, 1.11%, 01/25/30
 
1,290
45,156
Series K105, Class X1, 1.51%, 01/25/30
 
1,771
86,681
Series K107, Class X1, 1.58%, 01/25/30
 
1,193
61,793
Series K109, Class X1, 1.57%, 04/25/30
 
913
47,898
Series K110, Class X1, 1.64%, 04/25/30
 
364
19,616
Series K113, Class X1, 1.37%, 06/25/30
 
1,561
73,981
Series K115, Class X1, 1.31%, 06/25/30
 
1,912
89,246
Series K120, Class X1, 1.03%, 10/25/30
 
3,788
143,176
Series K122, Class X1, 0.87%, 11/25/30
 
1,628
54,169
Ginnie Mae
 
Series 2013-63, Class IO, 0.71%, 09/16/51
 
2,109
47,794
Series 2014-169, Class IO, 0.58%, 10/16/56
 
11,299
239,234
 
 
942,229
Interest Only Collateralized Mortgage Obligations — 11.6%
Fannie Mae REMIC Trust, Series 1999-W4, Class IO,
6.50%, 12/25/28
 
10
289
Fannie Mae REMICS
 
Series 2006-36, Class PS, (30-day Avg SOFR +
6.49%), 2.82%, 05/25/36(c)
 
1,450
142,232
Series 2011-134, Class ST, (30-day Avg SOFR +
5.89%), 2.22%, 12/25/41(c)
 
8,919
896,769
Series 2012-47, Class NI, 4.50%, 04/25/42
 
124
15,452
Series 2013-10, Class PI, 3.00%, 02/25/43
 
2,905
341,170
4
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Income Trust, Inc. (BKT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
Interest Only Collateralized Mortgage Obligations (continued)
Fannie Mae REMICS (continued)
 
Series 2013-45, Class EI, 4.00%, 04/25/43
$
1,092
$ 86,439
Series 2015-66, Class AS, (30-day Avg SOFR +
6.14%), 2.47%, 09/25/45(c)
 
5,695
322,733
Series 2020-12, Class JI, 4.50%, 03/25/50
 
5,510
1,291,262
Series 2021-13, Class AI, 4.00%, 01/25/49
 
15,702
2,813,762
Series 2021-23, Class CI, 3.50%, 07/25/46
 
14,102
2,504,742
Series 2021-26, Class AI, 3.50%, 05/25/50
 
20,713
3,770,020
Series 2021-67, Class IG, 3.00%, 10/25/51
 
5,383
873,476
Series 5119, Class IC, 4.00%, 06/25/51
 
15,724
3,169,870
Freddie Mac REMICS
 
Series 3923, Class SD, (30-day Avg SOFR + 5.89%),
2.21%, 09/15/41(c)
 
11,655
1,117,811
Series 3954, Class SL, (30-day Avg SOFR + 5.89%),
2.21%, 11/15/41(c)
 
6,466
591,975
Series 4026, Class IO, 4.50%, 04/15/32
 
302
17,005
Series 4706, Class IG, 4.00%, 07/15/47
 
10,040
1,899,966
Series 5013, Class JI, 4.00%, 09/25/50
 
14,802
3,038,590
Series 5083, Class IN, 4.50%, 07/25/32
 
6,476
439,091
Series 5116B, Class CI, 3.00%, 06/25/51
 
15,117
1,984,467
Series 5138, Class IP, 3.00%, 04/25/51
 
14,513
2,449,735
Series 5236, Class JI, 4.00%, 02/25/52
 
24,215
2,640,107
Ginnie Mae
 
Series 2009-116, Class KS, (1 mo. Term SOFR +
6.36%), 2.68%, 12/16/39(c)
 
334
32,535
Series 2011-52, Class MJ, (1 mo. Term SOFR +
6.54%), 2.86%, 04/20/41(c)
 
1,484
108,690
Series 2012-97, Class JS, (1 mo. Term SOFR +
6.14%), 2.46%, 08/16/42(c)
 
1,480
44,955
Series 2020-146, Class IO, 3.50%, 10/20/50
 
4,855
911,613
Series 2020-151, Class MI, 2.50%, 10/20/50
 
24,295
3,534,247
Series 2021-193, Class IA, 3.00%, 11/20/51
 
11,880
1,952,072
Series 2021-87, Class NI, 3.00%, 05/20/51
 
6,448
1,072,576
Series 2022-10, Class IT, 3.50%, 01/20/52
 
10,359
1,555,757
series 2022-60H, Class IH, 2.50%, 02/20/51
 
18,730
2,665,750
Vendee Mortgage Trust, Series 1999-2, Class 1IO,
0.00%, 05/15/29(c)
 
2,380
2
 
 
42,285,160
Mortgage-Backed Securities — 62.1%
Fannie Mae Mortgage-Backed Securities, 4.00%,
02/01/56 - 01/01/57(f)
 
24,742
23,403,983
Freddie Mac Mortgage-Backed Securities
 
5.50%, 01/01/39
 
2,824
2,893,321
4.00%, 05/01/39
 
114
111,393
3.50%, 01/01/46
 
619
582,685
Ginnie Mae Mortgage-Backed Securities
 
8.00%, 06/15/27
 
—
(g)
125
5.00%, 11/15/35 - 10/20/39
 
724
740,570
6.50%, 12/20/54 - 02/20/56
 
5,310
5,573,338
6.00%, 04/20/55 - 03/20/56
 
12,832
13,209,726
7.00%, 06/20/55
 
604
629,863
5.50%, 07/20/55 - 03/20/56
 
4,266
4,339,079
Uniform Mortgage-Backed Securities
 
1.50%, 06/01/31
 
373
353,017
5.50%, 02/01/33 - 04/01/55(f)(h)
 
44,913
45,358,822
Security
 
Par
(000)
Value
Mortgage-Backed Securities (continued)
Uniform Mortgage-Backed Securities (continued)
 
5.00%, 06/01/33 - 04/13/56(f)(h)(i)
$
29,190
$ 29,113,743
4.00%, 09/01/33 - 04/13/56(f)(i)
 
29,015
27,678,021
3.50%, 02/01/35 - 05/13/56(f)(i)
 
10,507
9,650,349
6.00%, 02/01/36 - 01/01/55(f)
 
21,802
22,320,105
6.50%, 10/01/38 - 10/01/53
 
1,339
1,403,615
4.50%, 04/01/39 - 07/01/52(f)
 
8,682
8,489,107
2.50%, 04/16/41(i)
 
180
170,007
3.00%, 03/01/43 - 04/13/56(i)
 
33,916
29,832,709
 
 
225,853,578
Principal Only Collateralized Mortgage Obligations(d) — 1.2%
Fannie Mae Interest Strip
 
Series 337, Class 1, 4.98%, 07/25/33
 
1,106
970,625
Series 397, Class 1, 4.68%, 09/25/39
 
1,578
1,249,527
Fannie Mae REMIC Trust, Series 1999-W4, Class PO,
7.00%, 02/25/29
 
4
3,598
Fannie Mae REMICS
 
Series 2002-13B, Class PR, 4.00%, 03/25/32
 
7
7,032
Series 2011-90, Class AO, 4.41%, 09/25/41
 
2,675
2,077,657
 
 
4,308,439
Total U.S. Government Sponsored Agency Securities — 128.9%
(Cost: $492,150,914)
468,803,442
U.S. Treasury Obligations
U.S. Treasury Bonds
 
2.25%, 05/15/41(f)
 
840
612,051
2.75%, 11/15/42
 
917
697,457
2.88%, 05/15/52(f)
 
1,525
1,057,611
U.S. Treasury Notes(f)
 
4.38%, 11/30/28
 
700
709,680
4.00%, 01/31/29 - 02/15/34
 
820
821,541
4.25%, 02/28/29 - 06/30/31
 
1,190
1,204,591
4.13%, 03/31/29
 
450
453,744
4.63%, 04/30/29
 
2,700
2,761,172
1.13%, 02/15/31
 
330
289,291
Total U.S. Treasury Obligations — 2.4%
(Cost: $8,602,446)
8,607,138
Total Long-Term Investments — 141.0%
(Cost: $536,372,776)
512,888,218
 
 
 
 
Shares
 
Short-Term Securities
Money Market Funds — 0.8%
BlackRock Liquidity Funds, T-Fund, Institutional Shares,
3.55%(j)(k)
 
2,960,472
2,960,472
 
Schedule of Investments
5
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Income Trust, Inc. (BKT)
(Percentages shown are based on Net Assets)
Security
 
Par
(000)
Value
U.S. Government Sponsored Agency Securities — 0.0%
Ginnie Mae Mortgage-Backed Securities, 8.00%,
12/15/26 - 01/15/27
$
1
$ 779
U.S. Treasury Obligations — 0.7%
U.S. Treasury Notes(f)
 
4.13%, 10/31/26
 
850
851,494
4.25%, 11/30/26 - 12/31/26
 
1,600
1,605,586
 
2,457,080
Total Short-Term Securities — 1.5%
(Cost: $5,407,946)
5,418,331
Total Investments Before Borrowed Bonds and TBA Sale
Commitments — 142.5%
(Cost: $541,780,722)
518,306,549
Borrowed Bonds
U.S. Governments Obligations — (0.2)%
U.S. Treasury Bonds, 2.75%, 11/15/42
 
(917
)
(697,457
)
Total Borrowed Bonds — (0.2)%
(Proceeds: $(842,347))
 
(697,457
)
TBA Sale Commitments(i)
Mortgage-Backed Securities — (1.6)%
Uniform Mortgage-Backed Securities
 
3.50%, 04/13/56
 
(6,117
)
(5,607,112
)
4.50%, 04/13/56
 
(28
)
(27,020
)
Total TBA Sale Commitments — (1.6)%
(Proceeds: $(5,623,754))
(5,634,132
)
Total Investments, Net of Borrowed Bonds and TBA Sale
Commitments — 140.7%
(Cost: $535,314,621)
511,974,960
Liabilities in Excess of Other Assets — (40.7)%
(148,203,141
)
Net Assets — 100.0%
$  363,771,819
 
(a)
Security is valued using significant unobservable inputs and is classified as Level 3 in the
fair value hierarchy.
(b)
Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933,
as amended. These securities may be resold in transactions exempt from registration to
qualified institutional investors.
(c)
Variable rate security. Interest rate resets periodically. The rate shown is the effective
interest rate as of period end. Security description also includes the reference rate and
spread if published and available.
(d)
Rates are discount rates or a range of discount rates as of period end.
(e)
Zero-coupon bond.
(f)
All or a portion of the security has been pledged as collateral in connection with
outstanding reverse repurchase agreements.
(g)
Rounds to less than 1,000.
(h)
All or a portion of the security has been pledged as collateral in connection with
outstanding TBA commitments.
(i)
Represents or includes a TBA transaction.
(j)
Affiliate of the Fund.
(k)
Annualized 7-day yield as of period end.
Affiliates
Investments in issuers considered to be affiliate(s) of the Fund during the period ended March 31, 2026 for purposes of Section 2(a)(3) of the Investment Company Act of 1940, as amended, were as follows: 
Affiliated Issuer
Value at
12/31/25
Purchases
at Cost
Proceeds
from Sales
Net
Realized
Gain (Loss)
Change in
Unrealized
Appreciation
(Depreciation)
Value at
03/31/26
Shares
Held at
03/31/26
Income
Capital Gain
Distributions
from
Underlying
Funds
BlackRock Liquidity Funds, T-Fund, Institutional Shares
$ 948,102
$ 2,012,370
(a)
$ —
$ —
$ —
$ 2,960,472
2,960,472
$ 26,722
$ —
 
(a)
Represents net amount purchased (sold).
Reverse Repurchase Agreements 
Counterparty
Interest
Rate
Trade
Date
Maturity
Date
Face Value
Face Value
Including
Accrued Interest
Type of Non-Cash Underlying
Collateral
Remaining
Contractual Maturity
of the Agreements
Wells Fargo Securities, LLC
3.78
% 
03/11/26
04/13/26
$ 4,986,790
$ 4,997,261
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Wells Fargo Securities, LLC
3.78
03/11/26
04/13/26
15,924,392
15,959,857
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Wells Fargo Securities, LLC
3.78
03/11/26
04/13/26
6,992,227
7,006,910
U.S. Government Sponsored
Agency Securities
Up to 30 Days
6
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Income Trust, Inc. (BKT)
 
Reverse Repurchase Agreements (continued)
Counterparty
Interest
Rate
Trade
Date
Maturity
Date
Face Value
Face Value
Including
Accrued Interest
Type of Non-Cash Underlying
Collateral
Remaining
Contractual Maturity
of the Agreements
Wells Fargo Securities, LLC
3.78
% 
03/11/26
04/13/26
$ 13,629,193
$ 13,657,814
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Wells Fargo Securities, LLC
3.78
03/11/26
04/13/26
10,941,069
10,964,046
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Wells Fargo Securities, LLC
3.78
03/11/26
04/13/26
10,748,129
10,770,701
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Wells Fargo Securities, LLC
3.78
03/11/26
04/13/26
13,188,348
13,216,044
U.S. Government Sponsored
Agency Securities
Up to 30 Days
Wells Fargo Securities, LLC
3.78
03/11/26
04/13/26
5,500,588
5,512,140
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
3.82
03/25/26
04/02/26
4,596,383
4,599,797
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
3.82
03/25/26
04/02/26
4,538,429
4,541,800
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
3.82
03/25/26
04/02/26
4,299,110
4,302,303
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
3.82
03/25/26
04/02/26
4,332,581
4,335,799
U.S. Government Sponsored
Agency Securities
Up to 30 Days
BNP Paribas SA
3.82
03/25/26
04/02/26
4,596,589
4,600,003
U.S. Government Sponsored
Agency Securities
Up to 30 Days
J.P. Morgan Securities LLC
3.69
03/31/26
04/01/26
1,469,937
1,470,088
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.71
03/31/26
04/01/26
152,625
152,641
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.72
03/31/26
04/01/26
289,163
289,192
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.73
03/31/26
04/01/26
865,938
866,027
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.75
03/31/26
04/01/26
2,779,096
2,779,386
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.76
03/31/26
04/01/26
453,375
453,422
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.76
03/31/26
04/01/26
551,475
551,533
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.76
03/31/26
04/01/26
719,250
719,325
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.76
03/31/26
04/01/26
617,400
617,465
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.76
03/31/26
04/01/26
118,650
118,662
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.76
03/31/26
04/01/26
152,063
152,078
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.76
03/31/26
04/01/26
1,075,125
1,075,237
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.76
03/31/26
04/01/26
707,000
707,074
U.S. Treasury Obligations
Up to 30 Days
J.P. Morgan Securities LLC
3.76
03/31/26
04/01/26
510,625
510,678
U.S. Treasury Obligations
Up to 30 Days
Wells Fargo Securities, LLC
3.77
03/31/26
04/01/26
3,500,467
3,500,834
U.S. Government Sponsored
Agency Securities
Up to 30 Days
 
 
 
$ 118,236,017
$ 118,428,117
 
 
Derivative Financial Instruments Outstanding as of Period End
Futures Contracts 
Description
Number of
Contracts
Expiration
Date
Notional
Amount (000)
Value/
Unrealized
Appreciation
(Depreciation)
Long Contracts 
10-Year U.S. Treasury Note
234
06/18/26
$ 25,970
$ (427,549
)
5-Year U.S. Treasury Note
88
06/30/26
9,519
(117,145
)
 
(544,694
)
Short Contracts 
10-Year U.S. Ultra Long Treasury Note
153
06/18/26
17,356
322,578
U.S. Long Bond
95
06/18/26
10,794
318,734
2-Year U.S. Treasury Note
38
06/30/26
7,884
53,674
 
694,986
 
$ 150,292
Schedule of Investments
7
Schedule of Investments (unaudited)(continued)
March 31, 2026
BlackRock Income Trust, Inc. (BKT)
 
Fair Value Hierarchy as of Period End
Various inputs are used in determining the fair value of financial instruments at the measurement date. These inputs to valuation techniques are categorized into a fair value hierarchy consisting of three broad levels for financial reporting purposes as follows: 
• Level 1 – Unadjusted price quotations in active markets/exchanges that the Fund has the ability to access for identical assets or liabilities;
• Level 2 – Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly; and
• Level 3 – Inputs that are unobservable and significant to the  entire fair value measurement for the asset or liability (including the Valuation Committee’s assumptions used in determining the fair value of financial instruments).
The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). Accordingly, the degree of judgment exercised in determining fair value is greatest for instruments categorized in Level 3. The inputs used to measure fair value may fall into different levels of the fair value hierarchy.  In such cases, for disclosure purposes, the fair value hierarchy classification is determined based on the lowest level input that is significant to the fair value measurement in its entirety. Investments classified within Level 3 have significant unobservable inputs used by the Valuation Committee in determining the price for Fair Valued Investments. Level 3 investments include equity or debt issued by privately held companies or funds that may not have a secondary market and/or may have a limited number of investors. The categorization of a value determined for financial instruments is based on the pricing transparency of the financial instruments and is not necessarily an indication of the risks associated with investing in those securities. For information about the Fund’s policy regarding valuation of financial instruments, refer to its most recent financial statements.
The following table summarizes the Fund’s financial instruments categorized in the fair value hierarchy.  The breakdown of the Fund’s financial instruments into major categories is disclosed in the Schedule of Investments above. 
 
Level 1
Level 2
Level 3
Total
Assets
Investments 
Long-Term Investments 
Asset-Backed Securities
$ —
$ —
$ —
$ —
Non-Agency Mortgage-Backed Securities
—
35,477,636
2
35,477,638
U.S. Government Sponsored Agency Securities
—
468,803,442
—
468,803,442
U.S. Treasury Obligations
—
8,607,138
—
8,607,138
Short-Term Securities 
Money Market Funds
2,960,472
—
—
2,960,472
U.S. Government Sponsored Agency Securities
—
779
—
779
U.S. Treasury Obligations
—
2,457,080
—
2,457,080
Liabilities
Investments 
Borrowed Bonds
—
(697,457
)
—
(697,457
)
TBA Sale Commitments
—
(5,634,132
)
—
(5,634,132
)
 
$2,960,472
$509,014,486
$2
$511,974,960
Derivative Financial Instruments(a)
Assets 
Interest Rate Contracts
$ 694,986
$ —
$ —
$ 694,986
Liabilities 
Interest Rate Contracts
(544,694
)
—
—
(544,694
)
 
$150,292
$—
$—
$150,292
 
(a)
Derivative financial instruments are futures contracts. Futures contracts are valued at the unrealized appreciation (depreciation) on the instrument.
The Fund may hold assets and/or liabilities in which the fair value approximates the carrying amount or face value, including accrued interest, for financial reporting purposes. As of period end, reverse repurchase agreements of $118,428,117 are categorized as Level 2 within the fair value hierarchy.
 
Portfolio Abbreviation 
BMO
 BMO Capital Markets
IO
 Interest Only
MTN
 Medium-Term Note
PO
 Principal Only
REMIC
 Real Estate Mortgage Investment Conduit
SDR
 Swedish Depositary Receipt
Portfolio Abbreviation (continued)
SOFR
 Secured Overnight Financing Rate
STRIP
 Separate Trading of Registered Interest & Principal
TBA
 To-Be-Announced
8