Multi-level converter that is high-capacity electric power conversion system is used widely to electric motor drive system and FATCs(Flexible AC Transmission Systems). H-Bridge converter has been prevalently applied to shunt-type system because it can be easily expanded to the multi-level. In steady states, converter is normally operated in the range of 0.7∼0.8 of modulation Index. Even though zero vectors are not imposed to high modulation index, DC-Link voltage Is constant. It means that converter has another boost vector except for zero vectors among several vectors in 3-level converter. This paper has examined the principle of boost vector and investigated the difference between another boost vector and zero vectors in 3-level converter. In addition, this paper has analysed and compared the charging currents and the capacitor voltages of two topologies. The currents and voltages are related to reference voltage. Therefore, it proposed the calculation method for the voltage ripple and the charging current of each capacitor and compared various DC-Link voltage control methods through the simulation.