DWS Eurorenta is a European fixed income fund that primarily invests in government bonds from various European countries. In addition to these, the fund may also include corporate bonds, covered bonds, and bonds from emerging markets to diversify its portfolio. It actively manages the currencies involved and strategically adjusts the maturities and durations of its investments to respond to fluctuations in interest rates and currency exchange markets. This active management approach aims to optimize returns and manage risk within the bond portfolio.