7 REITs to Buy for a Profitable Summer Real estate investment trusts (REITs) have not escaped the downturn in the stock market. Amid growing fears of a possible recession, the Vanguard Real Estate Index Fund ETF (NYSEARCA: VNQ ), comprised of roughly 160 REITs, has lost over 22% year to date. It hit a new 52-week low on Jun. 14. In comparison, the SP 500 has dropped around 20% over the same period. Yet, investing in REITs that grow their profitability each year and trade at reasonable valuations is a perfect way to accumulate long-term wealth. By law, REITs need to pay at least 90% of their taxable income annually to shareholders. In other words, they are both passive income stocks and real asset investments, two features that make them more resistant to market volatility. 7 Bargain Income Stocks to Buy and Hold Forever The REITs on our list stand out because of their generous dividends as well as growth prospects. Given recent share price declines, many also offer better fundamental value than last year. With that information, here are seven REITs that offer a reliable stream of passive income for a profitable summer.