Abstract. This paper presents a multilevel cascaded H-bridge 5-level converter with boosting capability. The standard solution for boosting voltage in power electronic devices is based on a DC-DC converter with a bulky inductor. However, inductor is a problematic component of a power electronic converter because usually it has to be individually designed and produced for every device and also because its size and weight do not allow for compact construction. This paper presents model predictive control (MPC) method that gives boosting capability for the presented converter. A novel contribution of this paper is the development of a predictive model of the converter and cost function enabling output current control and capacitor voltage balancing. -high number of generated voltage levels compared to a number of components used, -better DC utilization as compared to other multilevel topologies. Recently, many researchers focus their work on another branch of multilevel converters which goes beyond a classical division and is called hybrid converters [1][2][3][4]. Hybrid converters integrate more than one converter topology into one. Every new solution has different parameters, states of operation and limitations that need to be examined. This leads to a new complex control algorithms that need to be studied and utilized in a multilevel converter family. This paper is focused on investigation of a novel hybrid converter topology -5-level cascaded H-bridge converter (5LCHB) with only one DC source, controlled with model predictive controller (MPC). The 5LCHB converter with PWM Control Method and fundamental switching scheme were presented in [4,5,[10][11][12][13]. According to [5], 5LCHB topology with a fundamental frequency switching is able to boost output AC voltage.This solution overcomes one of the biggest disadvantages of multilevel cascaded converters, which is the requirement of separate DC source for each H-bridge used in a converter. This topology proposes a solution utilizing capacitors instead of a separate DC source. In this case, the MPC algorithm has to regulate output current and capacitor voltage. A new contribution by this paper is the development of a predictive model of the 5LCHB converter, formulation of the cost function for MPC algorithm and verification by a simulation study.Simulation study shows that 5LCHB with MPC can output a boosted ac voltage. According to [5,11], this feature can be used in hybrid electric vehicles (HEV) and electric vehicles (EV) drive system for elimination of a DC-DC boost converter that utilizes a heavy and bulky inductor. Another application of 5LCHB, according to [6], can be renewable energy sources because it can provide high volt-ampere ratings. Its boosting capability can also bring a greater flexibility to the system.