In this paper, a new three-level (3L) converter is presented. It is called 3L Vienna neutral-point-clamped (3L-VNPC) converter and consists of two stacked high-frequency (HF) commutation cells working with a shared power device. The HF cells are connected to a single-phase switched bridge controlled at low frequency. The 3L-VNPC topology is extended to 3L active VNPC (3L-AVNPC) concept, which is generalized for five levels (5L) and odd voltage levels (). The proposed multilevel converters can be seen as two cascaded voltage stages. The high-voltage stage is specific to the single-phase switched bridge, while the low-voltage (LV) stage corresponds to the stacked HF cells with shared power devices. The new concept AVNPC is a useful and suitable solution for medium-voltage applications, where small modulation index () is as crucial as large . The analyses of the new converters are verified by simulations both for 3L and for 5L topologies, and their features are generalized for . Experimental results for single-phase 3L-AVNPC converter on an LV test bench are also provided to validate the proper operation of the new concept.