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Ticker Screener

Income Amplifier (Year 1) & Capital Amplifier (Year 2+)
Fynanc Framework • Research Reference • Updated March 2026
Disclaimer: This is a research reference tool, not financial advice. All yields are approximate and subject to change. Consult your CIS (Certified IRIS Specialist) and financial advisor before making investment decisions. Past performance does not guarantee future results.

Screening Criteria Summary

IRIS Year 1 — Income Amplifier

  • Target Yield: 8.25% blended portfolio
  • Distribution: Monthly preferred
  • NII Coverage: >100% (sustainable)
  • Return of Capital: <20% ideal
  • Payout Ratio: <100%
  • NAV Trend: Stable or increasing
  • Expense Ratio: Lower is better
  • Liquidity: Adequate trading volume

PLEX Year 2+ — Capital Amplifier

  • Maintenance Req: 25-35% = efficient
  • DTA: Max 40%
  • DSCR: Min 1.50
  • Margin Utilization: Max 60%
  • Max Drawdown: 15%
  • Min Sectors: 3
  • Min Portfolio Score: 6.0
  • Spread: Portfolio yield − margin rate = positive

Covered Call ETF Evaluator

  • Holdings: Index (stable) vs Single Stock (volatile)
  • Options: Covered Calls > Covered Puts
  • Moneyness: OTM (upside) vs ATM (income)
  • Coverage: <50% (upside) vs 100% (max income)
  • Leverage: None preferred for stability
  • NAV vs Distribution: Trade-off scale

Allocation Framework

  • IRIS Bedrock: 30% — 5-7% yield target
  • IRIS Income Engine: 40% — 10-15% yield target
  • IRIS Equity Income: 20% — 7-9% yield target
  • PLEX Bedrock: min 60% — low maintenance
  • PLEX Cash Flow: ~30% — higher yield
  • PLEX Hedge: ~10% — uncorrelated

Bedrock — Stability Anchors

What is Bedrock? The foundation layer — stable, low-volatility funds (utilities, senior loans, investment-grade credit) that anchor the portfolio with reliable income and low margin maintenance requirements. Like the foundation of a building: steady and dependable.
IRIS: 30% allocation, 5-7% yield target • PLEX: min 60%, low maintenance (25-35%) for margin efficiency
All Current M1 Prospective CEFs ETFs
Ticker Name Type ~Yield Dist. Maint % System Notes
UTG M1 Reaves Utility Income Trust CEF ~7.0% Monthly 25% IRIS+PLEX Utility/infra focus. Strong total return. Never cut distribution.
UTF M1 Cohen & Steers Infrastructure Income CEF ~7.5% Monthly 25% IRIS+PLEX Global infrastructure. Diversified utilities.
VVR M1 Invesco Senior Income Trust CEF ~8.5% Monthly 25-30% IRIS+PLEX Senior secured loans. Floating rate.
BKLN M1 Invesco Senior Loan ETF ETF ~6.5% Monthly 25-30% IRIS+PLEX Largest senior loan ETF. $6.4B AUM.
FTSL M1 First Trust Senior Loan ETF ETF ~5.5% Monthly 25-30% IRIS+PLEX Actively managed. Minimal NAV erosion.
FLRT M1 Pacific Global Senior Loan ETF ETF ~6.0% Monthly 25-30% IRIS+PLEX Floating rate. Rate-rise protection.
DNP NEW Duff & Phelps Utility & Infrastructure CEF ~7.0% Monthly ~30% IRIS+PLEX Conservative utility/midstream/telecom. Never cut distribution since 1987.
SRLN NEW SPDR Blackstone Senior Loan ETF ETF ~6.2% Monthly 25-30% IRIS+PLEX Actively managed by Blackstone. $6.8B AUM. Low volatility.
ARDC NEW Ares Dynamic Credit Allocation CEF ~9.0% Monthly ~35% IRIS Multi-sector credit. Higher yield for bedrock.
BRLN NEW iShares Floating Rate Loan Active ETF ETF ~6.5% Monthly ~25% IRIS+PLEX BlackRock active management. Lower fees (0.30%). Good BKLN alternative.
FLBL NEW Franklin Senior Loan ETF ETF ~6.3% Monthly ~25% IRIS+PLEX Franklin Templeton. Low expense (0.45%). Strong credit research.

Income Engine — Volume Generators

What is Income Engine? The workhorse layer producing the highest yields. BDCs (companies that lend to middle-market businesses), credit funds, and high-yield vehicles that generate 10-15% income. Higher risk/reward than Bedrock but essential for reaching the 8.25% blended target.
IRIS: 40% allocation, 10-15% yield target • PLEX Cash Flow: ~30%, medium maintenance, higher yield
All Current M1 Prospective CEFs ETFs BDCs
Ticker Name Type ~Yield Dist. Maint % System Notes
NML M1 Neuberger Berman Energy Infrastructure CEF ~8.5% Monthly ~30% IRIS+PLEX Best performer. +18.1% total return. Energy/MLP focus.
BGX M1 Blackstone Long-Short Credit CEF ~9.0% Monthly ~35% IRIS Long-short credit strategy. Moderate risk.
BBDC M1 REPLACE Barings BDC BDC ~10.0% Quarterly ~40% IRIS Quarterly dist — seek monthly alternative. Best relative BDC in portfolio.
BIZD M1 VanEck BDC Income ETF ETF ~9.3% Monthly ~40% IRIS BDC basket ETF. 8.56% SEC yield.
PBDC M1 Putnam BDC Income ETF ETF ~10.0% Monthly ~40% IRIS Selective/fundamental BDC. 10.01% SEC yield.
MPV M1 REPLACE Barings Participation Investors CEF ~8.0% Quarterly ~35% IRIS Quarterly dist — seek monthly alternative. +6.8% total return.
FSK M1 REPLACE FS KKR Capital Corp BDC ~13.5% Quarterly ~50% IRIS FLAG: -34.3%, 81% NII cov, quarterly dist. Reduce to 1%. Find monthly BDC.
FSCO M1 FS Credit Opportunities CEF ~11.0% Monthly ~50% IRIS FLAG: -28% credit stress. Reduce to 1%. Monitor distribution stability.
XFLT M1 XAI Octagon Floating Rate CEF ~14.0% Monthly 100% IRIS FLAG: -35.7%, 100% maint (margin-dead). 490% payout ratio. Monitor per coach.
MAIN NEW Main Street Capital BDC ~7.2% Monthly+Supp ~35% IRIS Monthly payer + supplemental. Internally managed. Blue-chip BDC.
PDI NEW PIMCO Dynamic Income Fund CEF ~13.0% Monthly ~40% IRIS PIMCO managed. Multi-sector credit. Never cut distribution.
PCMM NEW PIMCO Private Credit CLO ETF ETF ~6.4% Monthly ~35% PLEX Private credit via CLOs. Senior secured exposure.
JRI NEW Nuveen Real Asset Income & Growth CEF ~9.5% Monthly ~35% IRIS Real assets + infrastructure. Top-10 CEF Feb 2026 screen. -10% NAV discount.
EOS NEW Eaton Vance Enhanced Equity Income CEF ~8.5% Monthly ~35% IRIS Equity + options overlay. Top-10 Feb 2026 CEF screen. Consistent income.

Equity Income — Growth + Income

What is Equity Income? Growth-oriented income layer. Equity-based CEFs and ETFs providing moderate yields (7-9%) plus capital appreciation potential. REITs, energy, infrastructure, and convertible funds that bridge pure income with long-term wealth building.
IRIS: 20% allocation, 7-9% yield target • Real estate, energy, infrastructure, convertibles
All Current M1 Prospective CEFs ETFs
Ticker Name Type ~Yield Dist. Maint % System Notes
NIE M1 Virtus Equity & Convertible Income CEF ~8.0% Monthly ~35% IRIS Equity + convertible bonds. Steady income.
RLTY M1 Cohen & Steers Real Estate Opportunities CEF ~8.0% Monthly ~35% IRIS REIT focus. +5.4% total return.
ASG M1 REPLACE Liberty All-Star Growth Fund CEF ~5.5% Quarterly ~35% IRIS Quarterly dist — seek monthly alternative. Growth kicker. Capital appreciation.
QQQY M1 Defiance Nasdaq 100 Enhanced Options ETF ~50%+ Monthly ~60% IRIS FLAG: 81% ROC (returning your own money). NAV eroding. Replace with JEPI.
RFI NEW Cohen & Steers Total Return Realty CEF ~6.5% Monthly ~35% IRIS Total return real estate. Same manager as RLTY.
MLPI NEW NEOS MLP & Energy Infrastructure ETF ~15.7% Monthly ~40% IRIS MLP + covered call overlay. Very high yield. Tax-friendly ROC.
JEPI NEW JPMorgan Equity Premium Income ETF ~7.5% Monthly ~30% IRIS+PLEX $45B AUM. Best CC ETF for NAV stability. Recommended QQQY replacement.
AIO NEW Virtus Artificial Intelligence & Tech Opp CEF ~10.0% Monthly ~35% IRIS AI/tech sector + options overlay. Top-10 Feb 2026 CEF screen.
SCD NEW LMP Capital & Income Fund CEF ~8.5% Monthly ~35% IRIS Multi-asset capital & income. Top-10 Feb 2026 CEF screen.

Covered Call ETFs

What are Covered Call ETFs? Funds that own stocks and sell call options against them to generate premium income. You trade some upside growth potential for consistent monthly cash flow from option premiums. Index-based (S&P 500, Nasdaq) = more stable; single-stock = higher yield but more volatile.
Income overlay strategies. Evaluate via CC ETF Strategy Evaluator: Holdings type, Moneyness, Coverage ratio, Leverage
All Stable (Index) Moderate Volatile (Single)
Ticker Name Underlying ~Yield Moneyness Coverage NAV Trend Risk
JEPI JPMorgan Equity Premium Income S&P 500 (Low-Vol) ~7.5% OTM (ELNs) ~15% Stable Low
XYLD Global X S&P 500 Covered Call S&P 500 ~10.0% ATM 100% Slow Decline Low-Med
SPYI NEOS S&P 500 High Income S&P 500 ~12.0% OTM (Index) ~80% Stable Low-Med
DIVO Amplify CWP Enhanced Dividend S&P 500 (Selected) ~4.5% OTM (Tactical) ~30% Increasing Low
JEPQ JPMorgan Nasdaq Equity Premium Nasdaq 100 ~10.0% OTM (ELNs) ~15% Slight Decline Medium
QYLD Global X Nasdaq 100 Covered Call Nasdaq 100 ~12.0% ATM 100% Declining Med-High
RYLD Global X Russell 2000 Covered Call Russell 2000 ~12.0% ATM 100% Declining Med-High
KNG FT Vest S&P 500 Div Aristocrats S&P Div Aristocrats ~4.0% OTM ~20% Increasing Low
IWMI NEOS Russell 2000 High Income Russell 2000 ~13.0% OTM (Index) ~80% Slight Decline Medium
CONY YieldMax COIN Option Income Coinbase (Single Stock) ~60%+ ATM/OTM 100% High Erosion Very High

Hedge / Defensive

What is Hedge? Portfolio insurance. Treasury bonds, gold, and uncorrelated assets that protect during market downturns. Low yield but reduces overall portfolio volatility and makes margin calls less likely in a PLEX strategy.
PLEX: ~10% allocation • Uncorrelated assets. Downside protection. Portfolio stabilizers.
Ticker Name Type ~Yield Dist. Maint % System Notes
TLT iShares 20+ Year Treasury Bond ETF ~4.2% Monthly ~10% PLEX Long-duration bonds. Flight-to-safety asset.
GLD SPDR Gold Shares ETF 0% None ~25% PLEX Gold. Inflation hedge. Uncorrelated to equities.
AGG iShares Core US Aggregate Bond ETF ~4.3% Monthly ~15% PLEX Total bond market. Core fixed income.
TIPS iShares TIPS Bond ETF ETF ~4.0% Monthly ~15% PLEX Inflation-protected Treasuries.
BND Vanguard Total Bond Market ETF ~4.2% Monthly ~15% PLEX Broad bond index. Ultra-low cost (0.03%).
IEF iShares 7-10 Year Treasury Bond ETF ~3.8% Monthly ~10% PLEX Intermediate treasuries. Lower duration risk vs TLT.
CLOZ Panagram BBB-B CLO ETF ETF ~7.3% Monthly ~30% PLEX CLO mezzanine. Higher yield with credit risk buffer.

All Tickers

Auto-generated from all category tabs. Use filters to narrow down.
All Current M1 Prospective CEFs ETFs BDCs
Ticker Name Category Industry Status ~Yield Trade

Brokerage Platform Comparison

Insights from Fynanc PLEX Implementation Calls (Feb 2026) — George Antone & community feedback on platform selection for IRIS & PLEX strategies.

George Antone (Fynanc): “I literally have five brokerages... they all have pros and cons. There’s no perfect brokerage.”
Source: PLEX Implementation Call 5 (Feb 23, 2026)
M1 Finance RECOMMENDED
Why Fynanc Recommends: Automated pie-based investing, auto-rebalance, sweep account, margin available, direct deposit routing, fractional shares
Best For: IRIS Income Amplifier + PLEX Capital Amplifier (automation reduces manual work drastically)
Margin: M1 Plus ($125/yr) — margin rates competitive for borrow-against-portfolio strategy
Sweep Account: Built-in — capital flows in/out automatically (essential for IRIS flip cycle & PLEX capital routing)
Pie System: Sub-pies for Bedrock / Cash Flow / Hedge allocations — auto-rebalance on contributions
Limitations: Does NOT support all tickers (e.g., YieldMax CC ETFs like TSLY, NVDY). No options trading. Some CEFs unavailable.
Community Feedback: “We went through PLEX one class ago... I can see a need to switch over to M1 just to make this thing a whole lot less work.” — Todd (PLEX Call 5)
Interactive Brokers (IBKR)
Strengths: Widest ticker coverage, lowest margin rates (often 1-2% lower than competitors), advanced tools, options & futures
Best For: Advanced strategies, options-based income, YieldMax tickers, international markets
Margin: Industry-leading rates — great for PLEX margin operations
Limitations: No auto-rebalance pie system (all manual), steep learning curve, complex interface
Community Feedback: Some members switching FROM IBKR to M1 specifically to reduce manual work and gain automation
Charles Schwab
Strengths: Full-service brokerage, wide ticker coverage, strong research tools, bank integration, branches for in-person support
Best For: Members who want tickers M1 doesn’t support alongside banking services
Margin: Available but rates typically higher than IBKR
Limitations: No auto-rebalance pies, manual transfers, some tickers not transferable in-kind
Community Feedback: “I just did with my Schwab account... sell off everything that I can’t bring over and then redistribute those assets within M1.” — Member (PLEX Call 5). Some had ~8 tickers Schwab didn’t support when consolidating.
Robinhood
Strengths: Simple interface, direct deposit routing (account + routing number), debit card available, crypto access, Gold margin
Best For: Beginners, those who want simplicity + routing number for direct deposit sweep
Margin: Robinhood Gold ($5/mo) includes margin
Limitations: Limited research tools, no auto-rebalance pies, limited CEF coverage
PLEX Setup: Account > Transfers > Manage Direct Deposits > find routing + account numbers for sweep setup (demonstrated in PLEX Call: Setting Up Other Brokerages)

Fynanc Consolidation Strategy (PLEX Call 5)

Step 1: Pay down IRIS LOC to zero
Step 2: Redirect contributions to PLEX brokerage (M1 recommended). Stop 3.14% velocity sell-downs inside brokerage.
Step 3: Consolidate assets into one primary brokerage. “M1 is the recommendation, not a requirement. If you like Interactive Brokers, Robinhood, that’s okay. But highly recommended because it helps automation.”
Step 4: Margin operation rules — use Margin Health Analyzer per account if keeping multiple brokerages
Step 5: Operate IRIS + PLEX as one margin account inside brokerage
Key Insight: “Everything used to be outside of our brokerage. Now we’re bringing it inside. We have a line of credit (margin), a sweep account that capital flows in and out of. And that’s it.” — George Antone

Quick Feature Comparison

Feature M1 Finance IBKR Schwab Robinhood
Auto-Rebalance Pies Yes No No No
Sweep Account Built-in Yes Yes Yes
Margin Available M1 Plus ($125/yr) Best rates Yes Gold ($5/mo)
Fractional Shares Yes Limited S&P 500 only Yes
CEF Coverage Good (some gaps) Best Excellent Limited
YieldMax/CC ETFs Limited Full Most Some
Options Trading No Full Yes Yes
Direct Deposit Routing Yes Yes Yes Yes
IRIS/PLEX Automation Excellent Manual Manual Manual
Best For IRIS+PLEX automation Advanced + widest coverage Full-service + banking Simple sweep setup
Research reference tool • Not financial advice • Yields approximate as of March 2026
Sources: Seeking Alpha, CEFConnect, Kiplinger, Morningstar, fund prospectuses
Screening framework based on Fynanc Academy methodology

Removed Tickers (Quarterly Distribution)

The following tickers were removed because they distribute quarterly or less frequently. IRIS/PLEX strategy favors monthly distributions for optimal cash flow compounding.

TickerName~YieldFreqWas In
ADXAdams Diversified Equity Fund~5.0%QuarterlyBedrock
PEOAdams Natural Resources Fund~7.0%QuarterlyBedrock
ARCCAres Capital Corporation~10.1%QuarterlyIncome Engine
HTGCHercules Capital~10.5%QuarterlyIncome Engine
USALiberty All-Star Equity Fund~9.0%QuarterlyEquity Income
AMLPAlerian MLP ETF~7.5%QuarterlyEquity Income
SCHDSchwab US Dividend Equity ETF~3.5%QuarterlyEquity Income
VIGVanguard Dividend Appreciation~1.8%QuarterlyEquity Income
VPUVanguard Utilities ETF~3.0%QuarterlyHedge
HDViShares Core High Dividend~3.5%QuarterlyHedge
XLUSPDR Utilities Select Sector~2.8%QuarterlyHedge

M1 holdings with quarterly distributions (BBDC, MPV, FSK, ASG) are highlighted with REPLACE badge in their respective tabs — seek monthly alternatives.